BayFirst Financial (BAFN) Fed Funds Sold (2020 - 2022)
BayFirst Financial (BAFN) posted quarterly Fed Funds Sold of $2.5 million for Q3 2022, down 10.47% year-over-year from $2.8 million in Q3 2021, and down 22.69% quarter-over-quarter from $3.3 million in Q2 2022.
BayFirst Financial (BAFN) Fed Funds Sold (2020 - 2022) Analysis & Trends
BayFirst Financial (BAFN) has reported Fed Funds Sold for 3 consecutive years, with $2.5 million the latest figure, recorded in Q3 2022.
- In Q3 2022, Fed Funds Sold fell 10.47% year-over-year to $2.5 million; the TTM figure through Sep 2022 stood at $2.5 million (down 10.47% YoY), while the FY2021 annual figure was $2.8 million, up 19.69% from the prior year.
- Fed Funds Sold fell to $2.5 million in Q3 2022 per BAFN's latest filing, from $3.3 million in the prior quarter.
- Across five years, Fed Funds Sold topped out at $3.3 million in Q2 2022 and bottomed at $2.4 million in Q4 2020.
- Historically, Fed Funds Sold has averaged $2.7 million across 3 years, with a median of $2.7 million in 2021.
- Annual changes were most pronounced in 2021 — Fed Funds Sold increased 19.69% — and 2022, when it decreased 10.47%.
- BayFirst Financial's Fed Funds Sold stood at $2.4 million in 2020, then rose by 19.69% to $2.8 million in 2021, then fell by 10.47% to $2.5 million in 2022.
- Business Quant data shows BAFN's Fed Funds Sold at $2.5 million in Q3 2022, $3.3 million in Q2 2022, and $2.5 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | BayFirst Financial | 30.03 Mn | -109.14 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 2.53 Mn |
| Jun 30, 2022 | 3.27 Mn |
| Mar 31, 2022 | 2.52 Mn |
| Dec 31, 2021 | 2.83 Mn |
| Sep 30, 2021 | 2.83 Mn |
| Dec 31, 2020 | 2.36 Mn |