For the quarter ending 2025-09-30, BAFN made $55,181K in revenue. -$19,287K in net income. Net profit margin of -34.95%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans, including fees | 20,708 | 21,459 | ||
| Interest-bearing deposits in banks and other | 946 | 1,046 | ||
| Total interest income | 21,654 | 22,505 | ||
| Deposits | 9,576 | 9,282 | ||
| Borrowings | 798 | 875 | ||
| Total interest expense | 10,374 | 10,157 | ||
| Net interest income | 11,280 | 12,348 | ||
| Provision for credit losses | 10,915 | 7,264 | ||
| Net interest income after provision for credit losses | 365 | 5,084 | ||
| Loan servicing income, net | 761 | 484 | ||
| Gain on sale of government guaranteed loans, net | 3,063 | 6,136 | ||
| Service charges and fees | 474 | 473 | ||
| Government guaranteed loans fair value gain (loss), net | -882 | 2,442 | ||
| Fair value adjustment on loans held for sale | -5,096 | - | ||
| Government guaranteed loan packaging fees | 380 | 577 | ||
| Othernoninterestincome | 254 | 683 | ||
| Totalnoninterestincome | -1,046 | 10,795 | ||
| Salaries and benefits | 7,637 | 8,113 | ||
| Bonus, commissions, and incentives | 530 | 262 | ||
| Occupancy and equipment | 1,525 | 1,579 | ||
| Data processing | 2,049 | 2,078 | ||
| Marketing and business development | 262 | 403 | ||
| Professional services | 859 | 782 | ||
| Loan origination and collection | 3,273 | 2,558 | ||
| Employee recruiting and development | 364 | 462 | ||
| Regulatory assessments | 484 | 352 | ||
| Restructure charges | 7,262 | - | ||
| Othernoninterestexpense | 970 | 939 | ||
| Totalnoninterestexpense | 25,215 | 17,528 | ||
| Income (loss) from continuing operations before income taxes | -25,896 | -1,649 | ||
| Income tax expense (benefit) from continuing operations | -6,994 | -412 | ||
| Net income (loss) from continuing operations | -18,902 | -1,237 | ||
| Loss from discontinued operations before income taxes | 0 | 0 | ||
| Income tax benefit from discontinued operations | 0 | 0 | ||
| Net loss from discontinued operations | 0 | 0 | ||
| Net income (loss) | -18,902 | -1,237 | ||
| Preferred stock dividends | 385 | 386 | ||
| Net income available to (loss attributable to) common shareholders | -19,287 | -1,623 | ||
| Average shares and dilutive potential common shares (in shares) | 4,135,106 | 4,131,670 | ||
| Total basic earnings (loss) per common share (in dollars per share) | -4.66 | -0.39 | ||
| Total diluted earnings (loss) per common share (in dollars per share) | -4.66 | -0.39 | ||
| Weighted average common shares outstanding (in shares) | 4,135,106 | 4,131,670 | ||
BayFirst Financial Corp. (BAFN)
BayFirst Financial Corp. (BAFN)