BayFirst Financial Corp.·Financial Services

BayFirst posts a wider year-over-year net loss per share in Q1 as loan balances and deposits declined, while the bank raises $80 million in fresh capital.

BayFirst Financial Corp. (BAFN) Q1 2026 Earnings Call Transcript

ST. PETERSBURG, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or “Company”), parent company of BayFirst National Bank (“Bank”) today reported the Company has raised $80 million of capital from investors in a private investment in public equity (“PIPE”) offering. The Company has issued shares of convertible preferred stock in the PIPE, which subject to shareholder and regulatory approvals, will convert to, or be exchanged for, approximately 22.9 million shares of common stock at an effective purchase price of $3.50 per share.

BayFirst Financial (NASDAQ: BAFN - Get Free Report) and Popular (NASDAQ: BPOP - Get Free Report) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, profitability and risk. Dividends BayFirst Financial pays an annual dividend of $0.32

BayFirst Financial Corp. (NASDAQ: BAFN - Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 7,137 shares, an increase of 25.9% from the February 12th total of 5,670 shares. Based on an average daily volume of 6,079 shares,

BayFirst Financial Corp. (NASDAQ: BAFN - Get Free Report) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,670 shares, a decline of 51.6% from the January 29th total of 11,714 shares. Currently, 0.2% of the company's shares are short sold. Based on an
BayFirst Financial Corp. operates as the bank holding company for First Home Bank that provides commercial and consumer banking services for businesses and individuals. The company offers checking and savings accounts, and certificates of deposit. It also provides home loans, including residential mortgages, home equity loans, and home equity lines of credit; and business lending services comprising minority lending programs, PPP loan forgiveness services, SBA loans, and commercial lending services. In addition, the company offers treasury management, merchant, online, and investment services; and credit cards. As of January 26, 2022, it operated seven full-service office locations in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, and Belleair Bluffs, Florida; and 23 mortgage loan production offices. 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 Saint Petersburg, Florida.
Financial Services
Banks - Regional
305
2021-01-08
0.47