BayFirst Financial (BAFN) Mortgage Banking (2020 - 2022)
BayFirst Financial (BAFN) posted quarterly Mortgage Banking of $311000.0 for Q4 2022, down 85.1% year-over-year from $2.1 million in Q4 2021, and down 69.57% quarter-over-quarter from $1.0 million in Q3 2022.
BayFirst Financial (BAFN) Mortgage Banking (2020 - 2022) Analysis & Trends
BayFirst Financial (BAFN) has reported Mortgage Banking for 3 consecutive years, with $311000.0 the latest figure, recorded in Q4 2022.
- In Q4 2022, Mortgage Banking fell 85.1% year-over-year to $311000.0; the TTM figure through Sep 2023 stood at $311000.0 (down 94.76% YoY), while the FY2022 annual figure was $4.2 million, down 57.81% from the prior year.
- Mortgage Banking retreated to $311000.0 in Q4 2022 per BAFN's latest filing, from $1.0 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $3.1 million in Q1 2021 and bottomed at $311000.0 in Q4 2022.
- Historically, Mortgage Banking has averaged $2.0 million across 3 years, with a median of $2.2 million in 2021.
- Annual changes were most pronounced in 2021 — Mortgage Banking decreased 17.44% — and 2022, when it plunged 85.1%.
- BayFirst Financial's Mortgage Banking stood at $2.9 million in 2020, then retreated by 29.21% to $2.1 million in 2021, then slumped by 85.1% to $311000.0 in 2022.
- Business Quant data shows BAFN's Mortgage Banking at $311000.0 in Q4 2022, $1.0 million in Q3 2022, and $1.3 million in Q2 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 |
|---|---|
| Dec 31, 2022 | 311,000.00 |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 1.32 Mn |
| Mar 31, 2022 | 1.51 Mn |
| Dec 31, 2021 | 2.09 Mn |
| Sep 30, 2021 | 2.25 Mn |
| Jun 30, 2021 | 2.42 Mn |
| Mar 31, 2021 | 3.11 Mn |
| Dec 31, 2020 | 2.95 Mn |
| Sep 30, 2020 | 2.72 Mn |