BAFN
Income statement / Annual
Last year (2024), BayFirst Financial Corp.'s total revenue was $83.77 M,
an increase of 10.60% from the previous year.
In 2024, BayFirst Financial Corp.'s net income was $12.60 M.
See BayFirst Financial Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$83.77 M |
$75.74 M |
$57.84 M |
$149.64 M |
$123.82 M |
$66.67 M |
$46.77 M |
$36.29 M |
$19.86 M |
$8.07 M |
| Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$83.77 M
|
$75.74 M
|
$57.84 M
|
$149.64 M
|
$123.82 M
|
$66.67 M
|
$46.77 M
|
$36.29 M
|
$19.86 M
|
$8.07 M
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$37.69 M
|
$38.88 M
|
$32.05 M
|
$99.83 M
|
$77.11 M
|
$40.65 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$2.05 M
|
$3.34 M
|
$2.66 M
|
$7.62 M
|
$3.55 M
|
$3.05 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$39.74 M
|
$42.21 M
|
$34.71 M
|
$107.45 M
|
$80.66 M
|
$43.71 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$0.00
|
$14.03 M
|
-$32.05 M
|
-$224.61 M
|
-$188.70 M
|
-$104.08 M
|
-$44.07 M
|
-$25.46 M
|
-$12.35 M
|
-$4.59 M
|
| Operating Expenses |
$55.22 M
|
$56.24 M
|
$2.66 M
|
-$117.16 M
|
-$108.04 M
|
-$60.37 M
|
-$44.07 M
|
-$25.46 M
|
-$12.35 M
|
-$4.59 M
|
| Cost And Expenses |
$55.22 M
|
$56.24 M
|
$2.66 M
|
-$117.16 M
|
-$108.04 M
|
-$60.37 M
|
-$44.07 M
|
-$25.46 M
|
-$12.35 M
|
-$4.59 M
|
| Interest Income |
$0.00
|
$68.52 M
|
$38.57 M
|
$33.26 M
|
$43.73 M
|
$25.70 M
|
$21.60 M
|
$11.98 M
|
$7.12 M
|
$4.02 M
|
| Interest Expense |
$0.00
|
$32.09 M
|
$8.57 M
|
$7.30 M
|
$10.28 M
|
$8.27 M
|
$4.37 M
|
$2.06 M
|
$710,000.00
|
$322,000.00
|
| Depreciation & Amortization |
$8.72 M
|
$6.75 M
|
$1.98 M
|
$1.74 M
|
$1.41 M
|
$1.48 M
|
$846,428.00
|
$52,516.00
|
$22,816.00
|
$0.00
|
| EBITDA |
$0.00 |
$0.00 |
$12.01 M |
$0.00 |
$26.13 M |
$11.37 M |
-$823,910.00 |
$10.83 M |
$7.50 M |
$3.48 M |
| EBITDA Ratio |
0
|
0
|
0.21
|
0
|
0.21
|
0.17
|
-0.02
|
0.3
|
0.38
|
0.43
|
| Operating Income Ratio |
0.34
|
0.26
|
0.08
|
0.22
|
0.13
|
0.09
|
0.06
|
0.3
|
0.38
|
0.43
|
| Total Other Income/Expenses Net |
-$11.56 M
|
-$11.47 M
|
-$7.60 M
|
-$5.36 M
|
-$10.27 M
|
-$6.56 M
|
-$1.67 M
|
-$52.98 M
|
-$25.41 M
|
$0.00
|
| Income Before Tax |
$16.99 M
|
$8.03 M
|
$7.04 M
|
$32.48 M
|
$15.78 M
|
$6.30 M
|
-$1.67 M
|
$8.77 M
|
$6.79 M
|
$3.16 M
|
| Income Before Tax Ratio |
0.2
|
0.11
|
0.12
|
0.22
|
0.13
|
0.09
|
-0.04
|
0.24
|
0.34
|
0.39
|
| Income Tax Expense |
$4.32 M
|
$2.12 M
|
$1.56 M
|
$7.86 M
|
$3.07 M
|
$1.81 M
|
-$465,000.00
|
$3.30 M
|
$2.56 M
|
$875,000.00
|
| Net Income |
$12.60 M
|
$5.70 M
|
$5.48 M
|
$24.62 M
|
$12.70 M
|
$4.48 M
|
-$1.21 M
|
$5.47 M
|
$4.23 M
|
$2.29 M
|
| Net Income Ratio |
0.15
|
0.08
|
0.09
|
0.16
|
0.1
|
0.07
|
-0.03
|
0.15
|
0.21
|
0.28
|
| EPS |
2.68 |
1.16 |
1.36 |
6.21 |
3.45 |
1.27 |
-0.42 |
2.48 |
1.21 |
0.79 |
| EPS Diluted |
2.68 |
1.03 |
1.36 |
5.91 |
3.01 |
1.27 |
-0.42 |
2.48 |
1.21 |
0.79 |
| Weighted Average Shares Out |
$4.78 M
|
$4.10 M
|
$4.02 M
|
$3.80 M
|
$3.43 M
|
$3.17 M
|
$2.84 M
|
$2.21 M
|
$3.51 M
|
$2.91 M
|
| Weighted Average Shares Out Diluted |
$4.59 M
|
$4.58 M
|
$4.02 M
|
$4.07 M
|
$4.00 M
|
$3.17 M
|
$2.84 M
|
$2.21 M
|
$3.51 M
|
$2.91 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
