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| Date | Value |
|---|---|
| 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 |