BayFirst Financial (BAFN) Interest Expense - Deposits (2020 - 2026)
BayFirst Financial (BAFN) recorded Interest Expense - Deposits of $6.48 million in Q3 2026, down 32.3% from $9.58 million a year earlier and down 5.4% from the prior quarter.
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Analysis
BayFirst Financial (BAFN) Interest Expense - Deposits (2020 - 2026) Analysis & Trends
On a TTM basis, BayFirst Financial's Interest Expense - Deposits came in at $30.68 million as of Sep 30, 2026, down 21.1% year-over-year; for FY2025, it was $37.74 million, down 12.0% from FY2024.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 38.2% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $42.87 million in FY2024 (+39.2%), $30.8 million in FY2023 (+292.6%), $7.84 million in FY2022 (+60.6%) and $4.89 million in FY2021 (-34.8%).
- The Q3 2026 figure is the lowest quarterly Interest Expense - Deposits since Q1 2023.
- On a year-over-year basis, Interest Expense - Deposits has declined for seven consecutive quarters, with an average decline of 14.1% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 569.6% in Q2 2023, against a decline of 32.3% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.85 million (Q2 2026), $7.89 million (Q1 2026) and $9.45 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 11.40 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 7.61 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 3.09 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 7.85 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 5.09 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 5.85 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 3.48 Bn |
| 10 | BayFirst Financial | 164.20 Mn | -444.74 Mn | - | 6.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.48 Mn |
| Jun 30, 2026 | 6.85 Mn |
| 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 |
API Access
BayFirst Financial Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=BAFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "BAFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=BAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();