BayFirst Financial Corp.
BAFNNasdaqFinancials · State Commercial Banks · FL · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | −$22.9M | $12.6M | $5.7M | −$349,000 | $24.6M | $12.7M |
| Total assets | $1.30B | $1.29B | $1.12B | $938.9M | $917.1M | $1.54B |
| Total liabilities | $1.21B | $1.18B | $1.02B | $847.0M | $820.8M | $1.47B |
| Equity | $87.6M | $110.9M | $100.7M | $91.9M | $96.3M | $71.1M |
| EPS (diluted) | $-5.93 | $2.62 | $1.12 | $-0.22 | $5.91 | $3.01 |
| Shares out. | 4.1M | 4.1M | 4.1M | 4.0M | 4.0M | 3.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −26.2%
- Return on assets
- −1.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 93.3%
- Debt / equity
- 13.85×
- Book value / share
- $21.11
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −282.0%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −23.7%clean
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Interplus Re LtdPassive (13G)May 20, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 258,397 | 2.0 | +233.4% |
| Apr 30, 2026 | 77,504 | 2.1 | +27.6% |
| Apr 15, 2026 | 60,731 | 4.7 | +11.6% |
| Mar 31, 2026 | 54,438 | 2.2 | +240.0% |
| Mar 13, 2026 | 16,011 | 1.3 | +124.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 21, 2026
- Regulation FD disclosureMay 5, 2026
- Entered a material agreement · Results of operations · Unregistered equity sale · Director / officer change · Amended charter or bylaws · Regulation FD disclosure · Other material eventApr 30, 2026
- Regulation FD disclosureMar 31, 2026
- Director / officer changeFeb 13, 2026
- Regulation FD disclosureFeb 3, 2026
- Results of operations · Regulation FD disclosureJan 29, 2026
- Entered a material agreementJan 6, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.