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 $7.9 million, marking a year-over-year increase of 2341.85%. This contributed to the annual value of $6.7 million for FY2024, which is 2021.03% up from last year.
  • Latest data reveals that BayFirst Financial reported Research & Development of $2.0 million as of Q3 2025, which was up 1453.33% from $2.1 million recorded in Q2 2025.
  • BayFirst Financial's 5-year Research & Development high stood at $2.6 million for Q2 2021, and its period low was $1.0 million during Q4 2021.
  • In the last 5 years, BayFirst Financial's Research & Development had a median value of $1.4 million in 2023 and averaged $1.5 million.
  • Over the last 5 years, BayFirst Financial's Research & Development had its largest YoY gain of 3131.12% in 2022, and its largest YoY loss of 5819.51% in 2022.
  • Quarter analysis of 5 years shows BayFirst Financial's Research & Development 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 was $2.0 million in Q3 2025, compared to $2.1 million in Q2 2025 and $2.0 million in Q1 2025.