BayFirst Financial (BAFN) Net Income (2020 - 2026)
BayFirst Financial (BAFN) posted quarterly Net Income of -$5.7 million for Q1 2026, down 56700.0% quarter-over-quarter from -$10000.0 in Q2 2024.
BayFirst Financial (BAFN) Net Income (2020 - 2026) Analysis & Trends
BayFirst Financial (BAFN) has reported Net Income for 6 consecutive years, with -$5.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income changed N/A year-over-year to -$5.7 million; the TTM figure through Mar 2026 stood at -$5.7 million (down 56700.0% YoY), while the FY2024 annual figure was -$92000.0, up 67.49% from the prior year.
- Net Income slipped to -$5.7 million in Q1 2026 per BAFN's latest filing, from -$10000.0 in the prior quarter.
- Across five years, Net Income topped out at $164000.0 in Q1 2022 and bottomed at -$5.7 million in Q1 2026.
- Historically, Net Income has averaged -$1.3 million across 4 years, with a median of -$78000.0 in 2024.
- Annual changes were most pronounced in 2022 — Net Income sank 229.66% — and 2023, when it soared 98.95%.
- BayFirst Financial's Net Income stood at -$2.7 million in 2022, then soared by 97.21% to -$76000.0 in 2023, then surged by 86.84% to -$10000.0 in 2024, then tumbled by 56700.0% to -$5.7 million in 2026.
- Business Quant data shows BAFN's Net Income at -$5.7 million in Q1 2026, -$10000.0 in Q2 2024, and -$78000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.06 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.18 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.98 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 3.89 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.79 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 1.41 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.55 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 801.00 Mn |
| 10 | BayFirst Financial | 30.03 Mn | -109.14 Mn | - | -32.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.68 Mn |
| Jun 30, 2024 | -10,000.00 |
| Mar 31, 2024 | -78,000.00 |
| Dec 31, 2023 | -76,000.00 |
| Sep 30, 2023 | -47,000.00 |
| Jun 30, 2023 | -43,000.00 |
| Mar 31, 2023 | -170,000.00 |
| Dec 31, 2022 | -2.72 Mn |
| Sep 30, 2022 | -4.49 Mn |
| Jun 30, 2022 | -897,000.00 |
| Mar 31, 2022 | 164,000.00 |
| Dec 31, 2021 | -2.57 Mn |
| Sep 30, 2021 | 3.46 Mn |
| Jun 30, 2021 | 13.02 Mn |
| Mar 31, 2021 | 7.51 Mn |
| Dec 31, 2020 | 5.61 Mn |
| Sep 30, 2020 | 5.25 Mn |