BayFirst Financial (BAFN) Occupancy Expense (2020 - 2026)
BayFirst Financial (BAFN) recorded Occupancy Expense of $1.31 million in Q3 2026, down 14.3% from $1.53 million a year earlier and down 3.3% from the prior quarter.
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Analysis
BayFirst Financial (BAFN) Occupancy Expense (2020 - 2026) Analysis & Trends
On a TTM basis, BayFirst Financial's Occupancy Expense came in at $5.36 million as of Sep 30, 2026, down 10.0% year-over-year; for FY2025, it was $6.07 million, up 25.2% from FY2024.
- Annual Occupancy Expense has increased for four straight years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Across earlier years, Occupancy Expense came in at $4.85 million in FY2024 (+1.9%), $4.76 million in FY2023 (+19.1%), $4 million in FY2022 (+24.3%) and $3.21 million in FY2021 (-27.8%).
- The Q3 2026 figure is the lowest quarterly Occupancy Expense since Q4 2024.
- On a year-over-year basis, Occupancy Expense has declined for three consecutive quarters, with growth averaging 8.0% over the last eight quarters.
- Peak year-over-year performance for Occupancy Expense in the last five years was growth of 47.2% in Q1 2025, against a decline of 27.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.35 million (Q2 2026), $1.37 million (Q1 2026) and $1.33 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | BayFirst Financial | 164.20 Mn | -444.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.31 Mn |
| Jun 30, 2026 | 1.35 Mn |
| Mar 31, 2026 | 1.37 Mn |
| Dec 31, 2025 | 1.33 Mn |
| Sep 30, 2025 | 1.53 Mn |
| Jun 30, 2025 | 1.58 Mn |
| Mar 31, 2025 | 1.63 Mn |
| Dec 31, 2024 | 1.22 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.27 Mn |
| Mar 31, 2024 | 1.11 Mn |
| Dec 31, 2023 | 1.15 Mn |
| Sep 30, 2023 | 1.26 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Mar 31, 2023 | 1.16 Mn |
| Dec 31, 2022 | 985,000.00 |
| Sep 30, 2022 | 1.07 Mn |
| Jun 30, 2022 | 973,000.00 |
| Mar 31, 2022 | 967,000.00 |
| Dec 31, 2021 | 852,000.00 |
API Access
BayFirst Financial Occupancy Expense 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=occupancy-expense&ticker=BAFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "occupancy-expense", "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=occupancy-expense&ticker=BAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();