BayFirst Incurs Loss in Q1 as Loan Sales Decline, Stock Down 6% |
BAFN incurs a first-quarter 2025 loss due to lower loan sale gains and elevated credit costs, while focusing on growing core deposits and conventional lending. |
zacks.com |
2025-04-30 18:50:30 |
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BayFirst Financial Corp. Reports First Quarter 2025 Results |
ST. PETERSBURG, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported a net loss of $0.3 million, or $0.17 per common share and diluted common share, for the first quarter of 2025, a decrease of 103.4% compared to $9.8 million, or $2.27 per common share or $2.11 per diluted common share, in the fourth quarter of 2024. |
globenewswire.com |
2025-04-24 20:00:00 |
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Zacks Initiates Coverage of BayFirst With Outperform Recommendation |
Find out why Zacks has given BayFirst an "Outperform" rating, being the first on Wall Street to initiate coverage on the stock. Explore how tech innovation, regional growth and strong earnings tailwinds position it as a standout in community banking. |
zacks.com |
2025-04-16 18:50:31 |
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BayFirst Announces First Quarter 2025 Conference Call and Webcast |
ST. PETERSBURG, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its first quarter results after the market close on Thursday, April 24, 2025. Management will host a conference call on Friday, April 25, 2025, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2025-03-31 13:00:00 |
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BayFirst Financial Corp. Reports Fourth Quarter 2024 Results |
Earnings per common share increased to $2.11 for the quarter and $2.64 for the year; Net interest margin expanded by 26bps; Announced share buyback program Earnings per common share increased to $2.11 for the quarter and $2.64 for the year; Net interest margin expanded by 26bps; Announced share buyback program |
globenewswire.com |
2025-01-30 18:00:00 |
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BayFirst Announces Fourth Quarter 2024 Conference Call and Webcast |
ST. PETERSBURG, Fla., Dec. 31, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its fourth quarter results after the market close on Thursday, January 30, 2025. Management will host a conference call on Friday, January 31, 2025, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2024-12-31 11:00:00 |
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BayFirst Financial Corp. Reports Third Quarter 2024 Results; Third Quarter Net Income Increased 31.3% Over Prior Quarter |
ST. PETERSBURG, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.1 million, or $0.18 per diluted common share, for the third quarter of 2024, an increase of 31.3% compared to $0.9 million, or $0.12 per diluted common share, in the second quarter of 2024. |
globenewswire.com |
2024-10-24 20:00:00 |
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BayFirst Financial Corp. Reports Second Quarter 2024 Results; Highlighted by Improved Operating Efficiencies and Lower Net Charge-Offs |
ST. PETERSBURG, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $0.9 million, or $0.12 per diluted common share, for the second quarter of 2024, an increase of 5.1% compared to $0.8 million, or $0.11 per diluted common share, in the first quarter of 2024. Net income increased due to higher net interest income and lower provision for credit losses and compensation expense, partially offset by lower gain on sale of government guaranteed loans resulting from a decrease in balance of loans sold. |
globenewswire.com |
2024-07-25 20:00:00 |
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BayFirst Announces Second Quarter 2024 Conference Call and Webcast |
ST. PETERSBURG, Fla., June 28, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its second quarter results after the market close on Thursday, July 25, 2024. Management will host a conference call on Friday, July 26, 2024, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2024-06-28 13:00:00 |
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BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit Losses |
ST. PETERSBURG, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $0.8 million, or $0.11 per diluted common share, for the first quarter of 2024, compared to $1.7 million, or $0.32 per diluted common share, in the fourth quarter of 2023. Net income decreased due to two primary factors: higher provision for credit losses of $1.4 million, coupled with weaker Core SBA 7(a) loan production ($350 thousand to $5 million loan size) attributed to the continued higher interest rate environment negatively impacting loan demand. |
globenewswire.com |
2024-04-25 20:00:00 |
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BayFirst Financial Corp. Announces First Quarter 2024 Conference Call and Webcast |
ST. PETERSBURG, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its first quarter results after the market close on Thursday, April 25, 2024. Management will host a conference call on Friday, April 26, 2024, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2024-03-28 11:00:00 |
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BayFirst Financial Corp. Reports Fourth Quarter 2023 Results; Highlighted by Net Interest Margin Expansion and Strong SBA Loan Originations |
ST. PETERSBURG, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.7 million, or $0.32 per diluted common share, for the fourth quarter of 2023 compared to $1.9 million, or $0.41 per diluted common share, in the third quarter of 2023. Net income from continuing operations was $1.7 million for the fourth quarter of 2023, compared to net income from continuing operations of $2.0 million in the third quarter of 2023 and $2.1 million in the fourth quarter of 2022. |
globenewswire.com |
2024-01-25 18:00:00 |
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BayFirst Financial Corp. Appoints Thomas G. Zernick as CEO and Names Robin Oliver as President, Effective January 1, 2024 |
ST. PETERSBURG, Fla., Jan. 02, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that its Board of Directors appointed Thomas Zernick as chief executive officer and named Robin Oliver president and chief operating officer, effective January 1, 2024. As previously announced, retiring Chief Executive Officer Anthony N. Leo will remain a director of the Company and will also serve as a part-time consultant for strategic matters. |
globenewswire.com |
2024-01-02 11:00:00 |
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BayFirst Financial Corp. Announces Fourth Quarter 2023 Conference Call and Webcast |
ST. PETERSBURG, Fla., Dec. 29, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its fourth quarter results after the market close on Thursday, January 25, 2024. Management will host a conference call on Friday, January 26, 2024, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2023-12-29 11:00:00 |
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BayFirst Financial Corp. Reports Third Quarter 2023 Results; Highlighted by Third Consecutive Quarter of Earnings Growth and Continued Core Loan and Deposit Growth |
ST. PETERSBURG, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.9 million, or $0.41 per diluted common share, for the third quarter of 2023 compared to $1.4 million, or $0.29 per diluted common share, in the second quarter of 2023. Net income from continuing operations was $2.0 million for the third quarter of 2023, compared to net income from continuing operations of $1.4 million in the second quarter of 2023 and $3.1 million in the third quarter of 2022. |
globenewswire.com |
2023-10-26 20:00:00 |
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BayFirst Announces Third Quarter 2023 Conference Call and Webcast |
ST. PETERSBURG, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its third quarter results after the market close on Thursday, October 26, 2023. Management will host a conference call on Friday, October 27, 2023, at 9:00 a.m. EDT to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2023-09-29 13:00:00 |
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BayFirst Financial Corp. Reports Second Quarter 2023 Results; Highlighted by Continued Core Bank Growth and a Stable Net Interest Margin |
ST. PETERSBURG, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.4 million, or $0.29 per diluted common share, for the second quarter of 2023 compared to $0.7 million, or $0.13 per diluted common share, in the first quarter of 2023. Net income from continuing operations was $1.4 million for the second quarter of 2023, compared to net income from continuing operations of $0.9 million in the first quarter of 2023 and $0.4 million in the second quarter of 2022. |
globenewswire.com |
2023-07-27 20:00:00 |
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BayFirst Financial Corp. Names Scott J. McKim Next Chief Financial Officer at BayFirst National Bank |
ST. PETERSBURG, Fla., July 25, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN), announced today the appointment of Scott J. McKim as Executive Vice President and Chief Financial Officer (CFO) of BayFirst Financial Corp. and its wholly owned subsidiary, St. Petersburg, Fla.-based BayFirst National Bank. |
globenewswire.com |
2023-07-25 20:13:00 |
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BayFirst Announces Second Quarter 2023 Conference Call and Webcast |
ST. PETERSBURG, Fla., June 30, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its second quarter results after the market close on Thursday, July 27, 2023. Management will host a conference call on Friday, July 28, 2023, at 9:00 a.m. EDT to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2023-06-30 13:00:00 |
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BayFirst Announces First Quarter 2023 Conference Call and Webcast |
ST. PETERSBURG, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its first quarter results after the market close on Thursday, April 27, 2023. Management will host a conference call on Friday, April 28, 2023, at 9:00 a.m. EDT to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2023-03-31 13:00:00 |
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BayFirst Financial Corp. Announces Fourth Quarter 2022 Conference Call and Webcast |
ST. PETERSBURG, Fla., Jan. 09, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its fourth quarter results before the market opens on Friday, January 27, 2023. That same day, management will host a conference call at 9:00 a.m. EST to discuss the results. The call will also be broadcast live via the internet. |
globenewswire.com |
2023-01-09 11:00:00 |
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