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BayFirst Financial Corp (BAFN)
NASDAQ:BAFN
Earnings Data
Report Date
Apr 23, 2026Before Open (Not Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.17Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a mixed picture: operational and strategic progress (organic deposit growth, strong liquidity, treasury revenue expansion, and meaningful expense reductions) support the turnaround toward a core community banking model, but material legacy credit issues tied to unguaranteed SBA 7(a) loans, elevated net charge-offs, a Q4 net loss, and a year-over-year equity decline present significant near-term headwinds. Management expects further charge-offs but anticipates improvement over time as the SBA portfolio winds down and asset quality initiatives take effect.Company Guidance
Deposit Growth and Composition
Organic deposit growth of $12.5 million in Q4; total deposits of $1.18 billion at year-end, up $40.7 million or 3.6% year-over-year. 85% of deposits were FDIC-insured as of December 31, 2025.
Strong Liquidity and Capital Positioning
Liquidity ratio above 18% at year-end, providing capacity to reduce high-cost deposits and support improved cost of funds and competitive loan pricing.
Stable Net Interest Margin and NII Trends
Net interest margin stable at 3.58% (down 3 basis points sequentially). Net interest income of $11.2 million in Q4, up $0.5 million year-over-year.
Significant Treasury Management Revenue Growth
Treasury management and merchant services revenue grew 69% compared to 2024, indicating traction in fee income from core commercial customers.
Operating Expense Reductions and Restructuring
Q4 non-interest expense of $11.9 million, down $13.3 million from Q3 driven by a $7.3 million restructuring charge and lower compensation and servicing costs. On a full-year basis, excluding the Q3 restructuring charge, non-interest expense was $3.7 million lower year-over-year with notable reductions: compensation down $2.6 million, bonuses and commissions down $3.6 million, and marketing down $0.5 million.
Strategic Milestones Completed
Completed a number of strategic initiatives in 2025 including exiting the SBA 7(a) lending business, selling a substantial amount of 7(a) loan balances, and headcount and expense reductions to focus the franchise on community banking in Tampa Bay.
Asset Resolution Progress
Unguaranteed SBA 7(a) balances decreased to $171.6 million at year-end, down $50.4 million from September 30, 2025 and down $51.4 million from year-end 2024, reflecting active runoff and sales.
BAFN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BAFN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $6.52 | $6.81 | +4.45% |
Oct 30, 2025 | $9.10 | $8.90 | -2.20% |
Jul 29, 2025 | $15.15 | $13.69 | -9.64% |
Apr 24, 2025 | $16.12 | $14.57 | -9.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BayFirst Financial Corp (BAFN) report earnings?
BayFirst Financial Corp (BAFN) is schdueled to report earning on Apr 23, 2026, Before Open (Not Confirmed).
What is BayFirst Financial Corp (BAFN) earnings time?
BayFirst Financial Corp (BAFN) earnings time is at Apr 23, 2026, Before Open (Not Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BAFN EPS forecast?
Currently, no data Available