BayFirst Financial (BAFN) Interest Expense - Deposits (2020 - 2026)

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.