BayFirst Financial (BAFN) Operating Expenses (2020 - 2026)

BayFirst Financial (BAFN) reported Operating Expenses of $14.9 million for Q1 2026, down 5.86% year-over-year from $15.8 million in Q1 2025, and up 25.42% quarter-over-quarter from $11.9 million in Q4 2025.

BayFirst Financial (BAFN) Operating Expenses (2020 - 2026) Analysis & Trends

BayFirst Financial (BAFN) has 7 years of Operating Expenses data on file, last reported at $14.9 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $14.9 million, down 5.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $69.5 million (up 7.21% YoY), and the FY2025 annual result was $70.4 million, up 5.46% from the prior year.
  • Operating Expenses grew to $14.9 million in Q1 2026 per BAFN's latest filing, from $11.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $25.2 million in Q3 2025 and troughed at $11.9 million in Q4 2025.
  • A 5-year average of $16.2 million and a median of $15.8 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses slumped 59.34% in 2022, then surged 47.77% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $13.5 million in 2022, then surged by 36.86% to $18.5 million in 2023, then dropped by 16.96% to $15.3 million in 2024, then declined by 22.6% to $11.9 million in 2025, then gained by 25.42% to $14.9 million in 2026.
  • Business Quant data shows BAFN's Operating Expenses at $14.9 million in Q1 2026, $11.9 million in Q4 2025, and $25.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 BayFirst Financial 20.95 Mn -113.51 Mn - 14.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.89 Mn
Dec 31, 2025 11.87 Mn
Sep 30, 2025 25.22 Mn
Jun 30, 2025 17.53 Mn
Mar 31, 2025 15.81 Mn
Dec 31, 2024 15.34 Mn
Sep 30, 2024 17.06 Mn
Jun 30, 2024 16.61 Mn
Mar 31, 2024 17.77 Mn
Dec 31, 2023 18.47 Mn
Sep 30, 2023 17.43 Mn
Jun 30, 2023 16.40 Mn
Mar 31, 2023 15.41 Mn
Dec 31, 2022 13.49 Mn
Sep 30, 2022 14.16 Mn
Jun 30, 2022 13.69 Mn
Mar 31, 2022 13.87 Mn
Dec 31, 2021 13.26 Mn
Sep 30, 2021 12.57 Mn
Jun 30, 2021 33.67 Mn