BayFirst Financial (BAFN) Stock Price, News & Analysis

Company Overview

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes. It also provides commercial real estate mortgages; construction and development, working capital, and business loans; auto, boat, and recreational vehicle loans; and residential mortgages, personal lines of credit, and home equity lines of credit. In addition, the company offers mobile and online banking, treasury management, wire transfers, cash management, merchant processing, remote deposit capture, night depositor, online bill payment, courier, retail investment, ACH originations, and other services. It operates full-service banking centers in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, Belleair Bluffs, and Bradenton, Florida. The company was formerly known as First Home Bancorp, Inc. and changed its name to BayFirst Financial Corp. in May 2021. BayFirst Financial Corp. was founded in 1999 and is headquartered in St. Petersburg, Florida.

Key Stats

• Today's Range: $13.61 to $17.50
• 50-Day Range: $12.83 to $15.72
• 52-Week Range: $10.40 to $17.50
• Volume: 23,964 shs
• Average Volume: 6,030 shs
• Market Capitalization: $64.92 million
• P/E Ratio: 21.53
• Dividend Yield: 2.04%
• Price Target: N/A
• Consensus Rating: N/A

BayFirst Financial Stock Analysis - MarketRank™

BayFirst Financial scored higher than 68% of companies evaluated by MarketBeat, and ranked 467th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for BayFirst Financial.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of BayFirst Financial is 21.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of BayFirst Financial is 21.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.03.

Price to Book Value per Share Ratio

BayFirst Financial has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.21% of the float of BayFirst Financial has been sold short.

Short Interest Ratio / Days to Cover

BayFirst Financial has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BayFirst Financial has recently decreased by 16.28%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

BayFirst Financial pays a meaningful dividend of 2.33%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

BayFirst Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BayFirst Financial is 43.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.21% of the float of BayFirst Financial has been sold short.

Short Interest Ratio / Days to Cover

BayFirst Financial has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BayFirst Financial has recently decreased by 16.28%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.90

News Sentiment

BayFirst Financial has a news sentiment score of 1.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for BayFirst Financial this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BayFirst Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.15% of the stock of BayFirst Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 16.88% of the stock of BayFirst Financial is held by institutions.

BAFN Stock Analysis - Frequently Asked Questions

How have BAFN shares performed this year?

BayFirst Financial's stock was trading at $13.30 at the beginning of 2025. Since then, BAFN stock has increased by 18.2% and is now trading at $15.72.
View the best growth stocks for 2025 here.

How were BayFirst Financial's earnings last quarter?

BayFirst Financial Corp. (NASDAQ:BAFN) announced its quarterly earnings results on Thursday, October, 24th. The company reported $0.18 EPS for the quarter. The firm had revenue of $33.71 million for the quarter. BayFirst Financial had a net margin of 3.38% and a trailing twelve-month return on equity of 5.34%.

How do I buy shares of BayFirst Financial?

Shares of BAFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BayFirst Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BayFirst Financial investors own include HubSpot (HUBS), Diamondback Energy (FANG), ForgeRock (FORG), Netflix (NFLX), Sportradar Group (SRAD) and Bank of America (BAC).

Company Calendar

• Ex-Dividend for 12/15 Dividend: 11/29/2024
• Dividend Payable: 12/15/2024
• Today: 1/21/2025
• Next Earnings (Estimated): 1/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BAFN
• CUSIP: N/A
• CIK: 1649739
• Web: www.firsthomebank.com
• Phone: (727) 440-6848
• Fax: N/A
• Employees: 640
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.73
• Trailing P/E Ratio: 21.27
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.70 million
• Net Margins: 3.38%
• Pretax Margin: 4.75%
• Return on Equity: 5.34%
• Return on Assets: 0.39%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 0.98
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $118.27 million
• Price / Sales: 0.54
• Cash Flow: $3.67 per share
• Price / Cash Flow: 4.23
• Book Value: $20.67 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 4,130,000
• Free Float: 3,342,000
• Market Cap: $64.12 million
• Optionable: Not Optionable
• Beta: 0.40