BayFirst Financial Corp. filings document the regulatory record for a Florida bank holding company and its BayFirst National Bank subsidiary. Disclosures cover operating and financial results, Regulation FD presentations and conference-call materials, capital ratios, credit quality, loan portfolio restructuring and the company's completed exit from SBA 7(a) lending.
Material-event filings also record capital-structure actions, including unregistered preferred stock sales, conversion or exchange terms, debt amendments and uses of financing proceeds for bank capital. Governance disclosures include officer responsibility changes, board-related rights, shareholder voting matters and registration-statement information for securities offerings.
BayFirst Financial Corp. filed a current report noting that it issued a press release on January 29, 2026 announcing its financial results for the fourth quarter of 2025, which is furnished as Exhibit 99.1. The company also prepared a fourth quarter 2025 Conference Call & Webcast Presentation, furnished as Exhibit 99.2, to be used on a previously announced conference call scheduled for January 30, 2026 at 9:00 a.m. Eastern Time and in future investor communications. The information, including the exhibits, is being furnished rather than filed and is not automatically incorporated into other SEC documents.
BayFirst Financial Corp. entered into an amendment with holders of its $6.0 million 4.5% Fixed to Floating Subordinated Notes due June 30, 2031. Effective December 26, 2025, instead of paying cash interest, the company will increase the Notes’ principal by the interest due through June 30, 2026, effectively adding unpaid interest to the loan balance. If all amounts on the Notes are not paid by June 30, 2026, the company may either pay holders 3% of the outstanding principal or increase the principal by 3%.
Separately, on December 30, 2025, First National Bankers Bank allowed BayFirst to defer the quarterly interest payment that was due December 10, 2025 on a term loan until March 10, 2026. As of December 31, 2025, the term loan principal was $1.6 million at an interest rate of 6.75%.
BayFirst Financial Corp. reported that it has closed the sale of $94.6 million of SBA 7(a) loans to Banesco USA, effective December 12, 2025. As part of this transaction, BayFirst exited the SBA 7(a) lending business early in the fourth quarter of 2025.
Banesco USA will assume servicing of BayFirst’s remaining SBA 7(a) loans, meaning Banesco will handle ongoing payments and administration for those loans going forward. BayFirst disclosed this change in a public announcement dated December 15, 2025.
BayFirst Financial Corp. (BAFN) reported an insider equity transaction by its SVP and Chief Accounting Officer, Rhonda Tudor, on a Form 4. On 10/24/2025, 228 shares of BayFirst common stock were disposed of at $9.41 per share, coded as transaction type “F”, which indicates shares withheld to cover taxes on equity compensation.
The filing explains that these shares were withheld by the company to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock awards, and that this does not represent a sale by the insider. After this transaction, Tudor beneficially owns 1,514.5155 shares of BayFirst common stock directly.
BayFirst Financial Corp. (BAFN) executive vice president and chief financial officer reported a small open-market-style acquisition of company stock. On 11/13/2025, the officer acquired 40.404 shares of common stock at a price of $7.43 per share under the issuer's Non-Qualified Stock Purchase Plan. Following this transaction, the reporting person beneficially owned 3,256.4581 shares of BayFirst common stock, held directly.
BayFirst Financial Corp. insider trade disclosure: Senior vice president and chief accounting officer Rhonda Tudor reported buying 40.404 shares of BayFirst Financial Corp. common stock on 11/13/2025 under the issuer's Non-Qualified Stock Purchase Plan. The shares were acquired at a price of $7.43 per share. Following this transaction, Tudor beneficially owns a total of 1,742.5155 shares of BayFirst Financial common stock in direct ownership. This filing is a routine Form 4 reporting an officer's equity purchase rather than a company-level financing or strategic transaction.
BayFirst Financial Corp. (BAFN) reported a small insider purchase by a director who also serves as President and COO. On 11/13/2025, the insider acquired 40.404 shares of common stock at $7.43 per share, through the issuer's Non-Qualified Stock Purchase Plan. Following this transaction, the insider beneficially owned 11,537.1289 shares of BayFirst common stock, held directly. This filing is a routine disclosure of insider activity rather than a corporate action affecting all shareholders.
BayFirst Financial Corp. (BAFN) reported an insider stock purchase by its CEO and director. On 11/13/2025, the reporting person acquired 202.0202 shares of BayFirst common stock at a price of $7.43 per share. The shares were purchased under the company’s Non-Qualified Stock Purchase Plan, indicating they were obtained through a structured company plan rather than open-market trading. Following this transaction, the insider directly beneficially owns 19,205.586 shares of BayFirst common stock.
BayFirst Financial Corp. reported a Q3 2025 net loss of $18.9 million, or $(4.66) per diluted share, driven by a higher credit loss provision, restructuring, and fair value impacts. Net interest income improved to $11.3 million as deposit interest expense fell, but noninterest income turned negative.
The quarter included a $10.9 million provision for credit losses, a $7.3 million restructuring charge, a $5.1 million fair value adjustment on loans held for sale, and a $0.9 million fair value loss on government‑guaranteed loans, while gains on loan sales decreased to $3.1 million. For the nine months, the Company recorded a net loss of $20.5 million.
Balance sheet shifts were notable: the allowance for credit losses rose to $24.5 million and loans held for investment declined to $936.9 million. Deposits were $1.171 billion, and the Company added $50.0 million of FHLB borrowings. Shareholders’ equity decreased to $89.7 million. Cash and equivalents increased to $118.6 million. The Company had 4,110,003 common shares outstanding as of November 5, 2025.
BayFirst Financial Corp. filed an 8-K stating it hosted a conference call to discuss financial results for the quarter ended September 30, 2025. The company furnished the full conference call transcript as Exhibit 99.1, and an archived audio is available in the Investor Relations section of its website.
The information was provided under Item 7.01 (Regulation FD) and is deemed furnished, not filed, under the Exchange Act.