Bayfirst Financial Corp. income statement
In fiscal 2025, Bayfirst Financial Corp. reported revenue of $63.1m, down 34.3% on the year before and net income of −$24.6m, or −$6.32 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 131 | 58 | 62 | 86 | 96 | 63 | 33 |
| Interest expense | 10 | 7 | 9 | 32 | — | — | — |
| Net interest income | 33 | 37 | 30 | 36 | 37 | 45 | 41 |
| Non-interest income | 98 | 22 | 32 | 50 | 59 | 18 | −8 |
| Non-interest expense | 98 | 50 | 55 | 68 | 67 | 70 | 70 |
| Provision for credit losses | 17 | −4 | −1 | 10 | 16 | 25 | 46 |
| Income before tax | 16 | 12 | 7 | 8 | 14 | −33 | −83 |
| Income tax | 3 | 3 | 2 | 2 | 4 | −8 | −21 |
| Net income | 13 | 25 | −0 | 6 | 10 | −25 | −60 |
| Diluted EPS | $3.01 | $5.91 | −$0.22 | $1.12 | $2.09 | −$6.32 | −$14.67 |
| Diluted shares (average) | 4m | 4m | 4m | 5m | 4m | 4m | 4m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 30 | 19 | 23 | 10 | 10 | 10 | 3 |
| Net interest income | 9 | 10 | 11 | 12 | 11 | 11 | 9 | 9 |
| Non-interest income | 12 | 21 | 8 | 11 | −1 | −1 | 1 | −7 |
| Non-interest expense | 17 | 15 | 16 | 18 | 25 | 12 | 15 | 18 |
| Provision for credit losses | 3 | 5 | 4 | 8 | 11 | 3 | 3 | 29 |
| Income before tax | 2 | 10 | −1 | −2 | −26 | −5 | −8 | −44 |
| Income tax | 0 | 2 | −0 | −1 | −7 | −1 | −2 | −11 |
| Net income | 1 | 7 | −1 | −2 | −19 | −3 | −6 | −33 |
| Diluted EPS | $0.18 | $1.69 | −$0.32 | −$0.54 | −$4.71 | −$1.09 | −$1.54 | −$8.05 |
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