BayFirst Financial Exits SBA 7(a) Lending Business

BayFirst Financial Corp ( (BAFN) ) has shared an announcement.

On December 15, 2025, BayFirst Financial Corp. announced the completion of a $94.6 million loan sale to Banesco USA, marking its exit from the SBA 7(a) lending business. This strategic move is part of BayFirst’s efforts to derisk its balance sheet and enhance long-term growth and shareholder value. The sale improves the Bank’s total capital ratio to 10.1% and tier 1 leverage ratio to 6.8%. BayFirst continues to focus on its community bank mission, aiming to expand its presence in the Tampa Bay region through stable banking products and services.

The most recent analyst rating on (BAFN) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on BayFirst Financial Corp stock, see the BAFN Stock Forecast page.

Spark’s Take on BAFN Stock

According to Spark, TipRanks’ AI Analyst, BAFN is a Neutral.

BayFirst Financial Corp faces significant challenges, including a strategic shift and financial losses, impacting its stock score. While there is potential for future profitability through community banking, current technical indicators and valuation metrics reflect a cautious outlook. The company’s financial performance shows some strengths, but operational and cash flow concerns weigh heavily.

To see Spark’s full report on BAFN stock, click here.

More about BayFirst Financial Corp

BayFirst Financial Corp. is a registered bank holding company based in St. Petersburg, Florida, operating since 2000. Its primary income source is BayFirst National Bank, which offers a wide range of commercial and consumer banking services through twelve full-service offices in the Tampa Bay-Sarasota region.

Average Trading Volume: 8,701

Technical Sentiment Signal: Sell

Current Market Cap: $33.29M

Learn more about BAFN stock on TipRanks’ Stock Analysis page.