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BayFirst Financial Corp. - $BAFN STOCK NEWS

Welcome to our dedicated page for BayFirst Financial news (Ticker: $BAFN), a resource for investors and traders seeking the latest updates and insights on BayFirst Financial stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BayFirst Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BayFirst Financial's position in the market.

Rhea-AI Summary
BayFirst Financial Corp. reported net income of $0.8 million for the first quarter of 2024, with a decrease attributed to higher provision for credit losses and weaker loan production. The company opened a new banking office and grew deposit balances by $22.2 million. Their government guaranteed lending division, CreditBench, produced $130.6 million in new loans. Despite challenges from the interest rate environment, the company maintains acceptable asset quality levels.
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Rhea-AI Sentiment
End-of-Day
0.78%
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Rhea-AI Summary
BayFirst Financial Corp. (BAFN) will report its first quarter results on April 25, 2024, followed by a conference call on April 26, 2024. Investors can listen live on the company's website or dial in using the provided Conference ID.
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Rhea-AI Sentiment
End-of-Day
0.54%
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Rhea-AI Summary
BayFirst Financial Corp. (BAFN) reported net income of $1.7 million for Q4 2023, compared to $1.9 million in Q3 2023. Earnings were boosted by higher net interest income and lower provision for credit losses, offset by higher noninterest expense. The company opened a new banking center, saw solid growth in loans, and maintained strong asset quality. However, deposits decreased, and net charge-offs increased.
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Rhea-AI Sentiment
End-of-Day
0.8%
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Rhea-AI Summary
BayFirst Financial Corp. (NASDAQ: BAFN) announced the appointment of Thomas Zernick as CEO and Robin Oliver as president and COO. Retiring CEO Anthony N. Leo will remain a director and part-time consultant. Zernick has been with the company since 2016, and Oliver has been COO since 2022.
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Rhea-AI Summary
BayFirst Financial Corp. (NASDAQ: BAFN) will report its Q4 results on January 25, 2024, followed by a conference call on January 26, 2024. Interested investors can listen to the call live on the company's website or dial in using the provided details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
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Rhea-AI Summary
BayFirst Financial Corp. reports net income of $1.9 million for Q3 2023, a 39% increase from the previous quarter. Higher noninterest income and record production by CreditBench contribute to the positive results. The company focuses on becoming the premier community bank in the Tampa Bay market.
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End-of-Day
3.66%
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Rhea-AI Summary
BayFirst Financial Corp. will report Q3 results on October 26, 2023. Conference call scheduled on October 27, 2023, at 9:00 a.m. EDT. Replay available for one week.
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1.47%
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Rhea-AI Sentiment
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-2.42%
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BayFirst Financial Corp.

Nasdaq:BAFN

BAFN Rankings

BAFN Stock Data

52.93M
3.52M
16.11%
18.15%
0.39%
Savings Institutions
Finance and Insurance
Link
United States of America
ST PETERSBURG

About BAFN

first home bank is locally owned and operated since 1999, we serve the communities of tampa bay with high quality banking services delivered in a personalized, friendly manner. we strive to set first home bank apart as the leading provider of community banking services in the region. to accomplish this goal, we understand that our employees must be our most critical resource. at first home bank, we believe that recruiting strong talent is the key to being tampa bay’s premier community bank. as such, we are committed to providing our team career development opportunities, competitive compensation and generous benefits. we’re confident you will find our benefits package to be among the best available. still, we continuously explore ways to enhance our compensation and benefits, improve opportunity and build the strongest team possible. career opportunity and competitive compensation are essential elements of a satisfying workplace. however, we believe the culture and professional atmosph