BayFirst Financial (BAFN) Interest Expense - Deposits: 2020-2024

Historic Interest Expense - Deposits for BayFirst Financial (BAFN) over the last 5 years, with Dec 2024 value amounting to $42.9 million.

  • BayFirst Financial's Interest Expense - Deposits fell 17.51% to $9.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $38.9 million, marking a year-over-year decrease of 7.39%. This contributed to the annual value of $42.9 million for FY2024, which is 39.22% up from last year.
  • Per BayFirst Financial's latest filing, its Interest Expense - Deposits stood at $42.9 million for FY2024, which was up 39.22% from $30.8 million recorded in FY2023.
  • In the past 5 years, BayFirst Financial's Interest Expense - Deposits registered a high of $42.9 million during FY2024, and its lowest value of $4.9 million during FY2021.
  • For the 3-year period, BayFirst Financial's Interest Expense - Deposits averaged around $27.2 million, with its median value being $30.8 million (2023).
  • In the last 5 years, BayFirst Financial's Interest Expense - Deposits tumbled by 34.78% in 2021 and then skyrocketed by 292.59% in 2023.
  • BayFirst Financial's Interest Expense - Deposits (Yearly) stood at $7.5 million in 2020, then slumped by 34.78% to $4.9 million in 2021, then soared by 60.57% to $7.8 million in 2022, then soared by 292.59% to $30.8 million in 2023, then soared by 39.22% to $42.9 million in 2024.