BayFirst Financial Corp. (BAFN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 9.45M | 11.16M | 11.28M | 12.35M | 11M | 10.65M | 9.45M | 9.18M | 8.74M | 8.88M | 8.39M | 10.11M | 9.05M | 8.57M | 9.17M | 6.59M | 5.67M | 6.69M | 7.28M | 12.9M |
| NII Growth % | -14.09% | 4.74% | 19.38% | 34.48% | 25.82% | 20.01% | 12.58% | -9.16% | -3.44% | 3.53% | -8.47% | 53.45% | 59.69% | 28.1% | 26.03% | -48.95% | -55.11% | 5.76% | -27.85% | 261.96% |
| Net Interest Margin % | 0.79% | 0.86% | 0.84% | 0.92% | 0.85% | 0.83% | 0.76% | 0.75% | 0.76% | 0.79% | 0.74% | 0.93% | 0.85% | 0.91% | 0.99% | 0.71% | 0.64% | 0.73% | 0.77% | 1.08% |
| Interest Income | 17.44M | 20.95M | 21.65M | 22.5M | 20.68M | 21.75M | 21.44M | 20.43M | 19.19M | 18.85M | 17.62M | 17.79M | 14.25M | 12.52M | 11.28M | 7.76M | 7M | 8.11M | 8.8M | 15M |
| Interest Expense | 7.99M | 9.79M | 10.37M | 10.16M | 9.69M | 11.1M | 11.99M | 11.24M | 10.45M | 9.98M | 9.23M | 7.68M | 5.2M | 3.95M | 2.11M | 1.17M | 1.33M | 1.42M | 1.53M | 2.09M |
| Loan Loss Provision | 0 | 2.01M | 10.91M | 7.26M | 4.4M | 4.55M | 3.12M | 3M | 4.06M | 2.74M | 3M | 2.77M | 1.94M | 700K | 750K | 250K | -2.4M | -2.5M | -3M | 0 |
| Non-Interest Income | 0 | -104K | -4.32M | 8.24M | 7.72M | 9.87M | 10.32M | 9.7M | 12.55M | 11.96M | 12.7M | 9.72M | 7.95M | 7.18M | 8.74M | 6.93M | 5M | 23.02M | -73K | 35.53M |
| Non-Interest Income % | 0% | -0.5% | -24.91% | 26.79% | 27.17% | 31.21% | 32.48% | 32.19% | 39.54% | 38.82% | 41.88% | 35.32% | 35.82% | 36.44% | 43.64% | 47.17% | 41.63% | 73.95% | -0.84% | 70.32% |
| Total Revenue | 17.44M | 20.85M | 17.34M | 30.74M | 28.4M | 31.62M | 31.76M | 30.12M | 31.74M | 30.82M | 30.32M | 27.51M | 22.2M | 19.7M | 20.02M | 14.69M | 12M | 31.13M | 8.73M | 50.53M |
| Revenue Growth % | -38.6% | -34.08% | -45.42% | 2.06% | -10.51% | 2.62% | 4.75% | 9.5% | 42.93% | 56.44% | 51.44% | 87.28% | 85.06% | -36.72% | 129.27% | -70.93% | -73.84% | -6.2% | -79.35% | 113.56% |
| Non-Interest Expense | 17.96M | 11.87M | 21.94M | 14.97M | 14.78M | 2.93M | 15.11M | 14.65M | 16.05M | 15.74M | 15.45M | 15.18M | 13.92M | 12.27M | 13.09M | 12.94M | 13.2M | 29.03M | 11.88M | 30.99M |
| Efficiency Ratio | 103.01% | 56.94% | 126.58% | 48.7% | 52.03% | 9.26% | 47.57% | 48.64% | 50.59% | 51.07% | 50.95% | 55.19% | 62.68% | 62.28% | 65.38% | 88.11% | 110.03% | 93.26% | 136.09% | 61.33% |
| Operating Income | -8.52M | -2.82M | -25.9M | -1.65M | -463K | 13.05M | 1.53M | 1.23M | 1.18M | 2.37M | 2.64M | 1.88M | 1.15M | 2.79M | 4.07M | 324K | -137K | 3.18M | -1.68M | 17.45M |
| Operating Margin % | -48.83% | -13.54% | -149.39% | -5.36% | -1.63% | 41.26% | 4.83% | 4.07% | 3.72% | 7.67% | 8.72% | 6.83% | 5.17% | 14.14% | 20.31% | 2.21% | -1.14% | 10.22% | -19.24% | 34.53% |
| Operating Income Growth % | -1739.09% | -121.63% | -1787.04% | -234.61% | -139.27% | 451.71% | -41.94% | -34.77% | 2.79% | -15.08% | -34.97% | 479.63% | 937.23% | -12.5% | 342.02% | -98.14% | -101.36% | -57.42% | -123.77% | 449.89% |
| Pretax Income | -7.63M | -2.82M | -25.9M | -1.65M | -463K | 13.05M | 1.53M | 1.23M | 1.18M | 2.37M | 2.64M | 1.88M | 1.15M | 2.79M | 4.07M | 324K | -137K | 3.18M | -1.68M | 17.45M |
| Pretax Margin % | -43.76% | -13.54% | -149.39% | -5.36% | -1.63% | 41.26% | 4.83% | 4.07% | 3.72% | 7.67% | 8.72% | 6.83% | 5.17% | 14.14% | 20.31% | 2.21% | -1.14% | 10.22% | -19.24% | 34.53% |
| Income Tax | -1.95M | -359K | -6.99M | -412K | -128K | 3.27M | 398K | 349K | 296K | 704K | 674K | 461K | 280K | 672K | 983K | -68K | -27K | 372K | -362K | 4.43M |
| Effective Tax Rate % | 25.57% | 12.72% | 27.01% | 24.98% | 27.65% | 25.08% | 25.93% | 28.49% | 25.11% | 29.77% | 25.49% | 24.55% | 24.41% | 24.13% | 24.18% | -20.99% | 19.71% | 11.69% | 21.55% | 25.4% |
| Net Income | -5.68M | -2.46M | -18.9M | -1.24M | -335K | 9.78M | 1.14M | 866K | 824K | 1.66M | 1.92M | 1.39M | 739K | 1.32M | -1.4M | -282K | 13K | 2.81M | 1.28M | 13.02M |
| Net Margin % | -32.57% | -11.82% | -109.04% | -4.02% | -1.18% | 30.91% | 3.58% | 2.87% | 2.6% | 5.37% | 6.34% | 5.03% | 3.33% | 6.71% | -7% | -1.92% | 0.11% | 9.03% | 14.66% | 25.76% |
| Net Income Growth % | -1595.52% | -125.19% | -1762.44% | -242.84% | -140.66% | 490.69% | -40.87% | -37.47% | 11.5% | 25.19% | 237.16% | 591.13% | 5584.62% | -52.97% | -209.53% | -102.17% | -99.83% | -49.86% | -75.63% | 455.05% |
| Net Income (Continuing) | -5.68M | -2.46M | -18.9M | -1.24M | -335K | 9.78M | 1.14M | 876K | 883K | 1.66M | 1.97M | 1.42M | 867K | 2.11M | 3.08M | 392K | -110K | 2.81M | -1.32M | 13.02M |
| EPS (Diluted) | -1.48 | -0.69 | -4.66 | -0.39 | -0.17 | 2.11 | 0.18 | 0.12 | 0.11 | 0.32 | 0.41 | 0.29 | 0.13 | 0.27 | -0.40 | -0.12 | -0.05 | 0.61 | 0.26 | 2.98 |
| EPS Growth % | -770.59% | -132.7% | -2688.89% | -425% | -254.55% | 559.38% | -56.1% | -58.62% | -15.38% | 18.52% | 202.5% | 341.67% | 360% | -55.74% | -253.85% | -104.03% | -102.75% | -59.87% | -81.02% | 373.02% |
| EPS (Basic) | -1.48 | -0.69 | -4.67 | -0.39 | -0.17 | 2.27 | 0.18 | 0.12 | 0.11 | 0.32 | 0.42 | 0.29 | 0.13 | 0.28 | -0.40 | -0.12 | -0.05 | 0.66 | 0.26 | 3.34 |
| Diluted Shares Outstanding | 4.1M | 4.14M | 4.14M | 4.14M | 4.14M | 4.45M | 4.18M | 3.99M | 3.99M | 4.11M | 4.18M | 4.06M | 4.08M | 4.13M | 4.03M | 4.08M | 3.9M | 4.27M | 3.91M | 4.32M |