BayFirst Financial (BAFN) Tax Rate (2020 - 2026)

BayFirst Financial (BAFN) reported Tax Rate of 25.57% for Q1 2026, down 208.0% year-over-year from 23.67% in Q1 2025, and up 100.97% quarter-over-quarter from 12.72% in Q4 2025.

BayFirst Financial (BAFN) Tax Rate (2020 - 2026) Analysis & Trends

BayFirst Financial (BAFN) has 7 years of Tax Rate data on file, last reported at 25.57% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 25.57%, down 208.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.57% (up 21.0% YoY), and the FY2025 annual result was 25.6%, up 20.0% from the prior year.
  • Tax Rate improved to 25.57% in Q1 2026 per BAFN's latest filing, from 12.72% in the prior quarter.
  • Over five years, Tax Rate peaked at 29.77% in Q4 2023 and troughed at 20.99% in Q2 2022.
  • A 5-year average of 21.99% and a median of 25.08% in 2024 frame the typical range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 7197 bps in 2022 and fell as far as 4639 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 24.13% in 2022, then climbed by 23 bps to 29.77% in 2023, then declined by 16 bps to 25.08% in 2024, then sank by 49 bps to 12.72% in 2025, then soared by 101 bps to 25.57% in 2026.
  • Business Quant data shows BAFN's Tax Rate at 25.57% in Q1 2026, 12.72% in Q4 2025, and 27.01% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 BayFirst Financial 20.95 Mn -113.51 Mn - 25.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.57%
Mar 31, 2026 25.57%
Dec 31, 2025 12.72%
Dec 31, 2025 12.72%
Sep 30, 2025 27.01%
Sep 30, 2025 27.01%
Jun 30, 2025 24.98%
Jun 30, 2025 24.98%
Mar 31, 2025 27.65%
Mar 31, 2025 27.65%
Dec 31, 2024 25.08%
Dec 31, 2024 25.08%
Sep 30, 2024 25.93%
Sep 30, 2024 25.93%
Jun 30, 2024 28.49%
Jun 30, 2024 28.49%
Mar 31, 2024 25.11%
Mar 31, 2024 25.11%
Dec 31, 2023 29.77%
Dec 31, 2023 29.77%