BayFirst Financial (BAFN) Research & Development (2021 - 2025)

Historic Research & Development for BayFirst Financial (BAFN) over the last 5 years, with Q3 2025 value amounting to $2.0 million.

  • BayFirst Financial's Research & Development rose 1453.33% to $2.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $8.2 million, marking a year-over-year increase of 2419.09%. This contributed to the annual value of $6.7 million for FY2024, which is 2021.03% up from last year.
  • As of Q3 2025, BayFirst Financial's Research & Development stood at $2.0 million, which was up 1453.33% from $2.1 million recorded in Q2 2025.
  • BayFirst Financial's Research & Development's 5-year high stood at $2.6 million during Q2 2021, with a 5-year trough of $1.0 million in Q4 2021.
  • For the 5-year period, BayFirst Financial's Research & Development averaged around $1.5 million, with its median value being $1.4 million (2023).
  • Examining YoY changes over the last 5 years, BayFirst Financial's Research & Development showed a top increase of 3131.12% in 2022 and a maximum decrease of 5819.51% in 2022.
  • Over the past 5 years, BayFirst Financial's Research & Development (Quarter) stood at $1.0 million in 2021, then soared by 31.31% to $1.3 million in 2022, then rose by 5.96% to $1.4 million in 2023, then rose by 23.0% to $1.7 million in 2024, then increased by 17.15% to $2.0 million in 2025.
  • Its Research & Development stands at $2.0 million for Q3 2025, versus $2.1 million for Q2 2025 and $2.0 million for Q1 2025.