BayFirst Financial Corp. Reports Fourth Quarter 2023 Results; Highlighted by Net Interest Margin Expansion and Strong SBA Loan Originations
BayFirst Financial Corp. (BAFN)
Company Research
Source: GlobeNewswire
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. Earnings benefited from higher net interest income and lower provision for credit losses during the fourth quarter, as compared to the third quarter of 2023. This was offset by higher noninterest expense and a gain recorded in the third quarter for the sale of other real estate owned that did not recur in the fourth quarter. “BayFirst reported solid fourth quarter results, highligh
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News
- BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit Losses [Yahoo! Finance]Yahoo! Finance
- BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit LossesGlobeNewswire
- BayFirst Financial Corp. Announces First Quarter 2024 Conference Call and Webcast [Yahoo! Finance]Yahoo! Finance
- BayFirst Financial Corp. Announces First Quarter 2024 Conference Call and WebcastGlobeNewswire
- Four Days Left To Buy BayFirst Financial Corp. (NASDAQ:BAFN) Before The Ex-Dividend Date [Yahoo! Finance]Yahoo! Finance
BAFN
Sec Filings
- 4/30/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/5/24 - Form DEF
- BAFN's page on the SEC website