BayFirst Financial (BAFN) Research & Development: 2021-2025
Historic Research & Development for BayFirst Financial (BAFN) over the last 5 years, with Sep 2025 value amounting to $2.0 million.
- BayFirst Financial's Research & Development rose 14.53% to $2.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $7.9 million, marking a year-over-year increase of 23.42%. This contributed to the annual value of $6.7 million for FY2024, which is 20.21% up from last year.
- According to the latest figures from Q3 2025, BayFirst Financial's Research & Development is $2.0 million, which was down 1.40% from $2.1 million recorded in Q2 2025.
- Over the past 5 years, BayFirst Financial's Research & Development peaked at $2.6 million during Q2 2021, and registered a low of $1.0 million during Q4 2021.
- For the 3-year period, BayFirst Financial's Research & Development averaged around $1.7 million, with its median value being $1.6 million (2024).
- Data for BayFirst Financial's Research & Development shows a peak YoY increase of 31.31% (in 2022) and a maximum YoY decrease of 58.20% (in 2022) over the last 5 years.
- Quarterly analysis of 5 years shows BayFirst Financial's Research & Development stood at $1.0 million in 2021, then surged by 31.31% to $1.3 million in 2022, then grew by 5.96% to $1.4 million in 2023, then increased by 23.00% to $1.7 million in 2024, then increased by 14.53% 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.