BayFirst Financial (BAFN) Interest Expense - Deposits (2020 - 2026)
BayFirst Financial (BAFN) posted quarterly Interest Expense - Deposits of $7.9 million for Q1 2026, down 16.31% year-over-year from $9.4 million in Q1 2025, and down 16.49% quarter-over-quarter from $9.5 million in Q4 2025.
BayFirst Financial (BAFN) Interest Expense - Deposits (2020 - 2026) Analysis & Trends
BayFirst Financial (BAFN) has reported Interest Expense - Deposits for 7 consecutive years, with $7.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits fell 16.31% year-over-year to $7.9 million; the TTM figure through Mar 2026 stood at $36.2 million (down 13.98% YoY), while the FY2025 annual figure was $37.7 million, down 11.97% from the prior year.
- Interest Expense - Deposits slipped to $7.9 million in Q1 2026 per BAFN's latest filing, from $9.5 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $11.6 million in Q3 2024 and bottomed at $1.1 million in Q2 2022.
- Historically, Interest Expense - Deposits has averaged $7.5 million across 5 years, with a median of $9.3 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expense - Deposits surged 569.62% — and 2025, when it dropped 17.51%.
- BayFirst Financial's Interest Expense - Deposits stood at $3.7 million in 2022, then surged by 161.9% to $9.7 million in 2023, then grew by 9.06% to $10.6 million in 2024, then fell by 10.84% to $9.5 million in 2025, then fell by 16.49% to $7.9 million in 2026.
- Business Quant data shows BAFN's Interest Expense - Deposits at $7.9 million in Q1 2026, $9.5 million in Q4 2025, and $9.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 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 | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | BayFirst Financial | 30.03 Mn | -109.14 Mn | - | 6.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.89 Mn |
| Dec 31, 2025 | 9.45 Mn |
| Sep 30, 2025 | 9.58 Mn |
| Jun 30, 2025 | 9.28 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Dec 31, 2024 | 10.60 Mn |
| Sep 30, 2024 | 11.61 Mn |
| Jun 30, 2024 | 10.45 Mn |
| Mar 31, 2024 | 10.22 Mn |
| Dec 31, 2023 | 9.72 Mn |
| Sep 30, 2023 | 9.06 Mn |
| Jun 30, 2023 | 7.10 Mn |
| Mar 31, 2023 | 4.92 Mn |
| Dec 31, 2022 | 3.71 Mn |
| Sep 30, 2022 | 1.86 Mn |
| Jun 30, 2022 | 1.06 Mn |
| Mar 31, 2022 | 1.22 Mn |
| Dec 31, 2021 | 1.22 Mn |
| Sep 30, 2021 | 1.15 Mn |
| Jun 30, 2021 | 1.19 Mn |