BayFirst Financial (BAFN) Tax Rate (2020 - 2024)
BayFirst Financial (BAFN) recorded Tax Rate of 25.16% in Q4 2024, down 4.61 percentage points from 29.77% a year earlier and down 0.77 percentage points from the prior quarter.
Powered by 
Analysis
BayFirst Financial (BAFN) Tax Rate (2020 - 2024) Analysis & Trends
For FY2024, BayFirst Financial reported Tax Rate of 25.54%, down 0.84 percentage points from FY2023.
- Annual Tax Rate has a four-year change of +6.05 percentage points (FY2020 to FY2024).
- Across earlier years, Tax Rate came in at 26.38% in FY2023 (+4.21 pp), 22.17% in FY2022 (-0.80 pp), 22.96% in FY2021 (+3.47 pp) and 19.49% in FY2020.
- Quarterly Tax Rate has ranged from 24.13% in Q4 2022 to 29.77% in Q4 2023 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last six quarters, with an average year-over-year change of +1.24 percentage points.
- Per Business Quant, the preceding three quarters came in at 25.93% (Q3 2024), 28.49% (Q2 2024) and 25.11% (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 23.98% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 22.68% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.29% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 22.26% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 24.40% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 16.36% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 24.29% |
| 10 | BayFirst Financial | 164.20 Mn | -444.74 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 25.16% |
| Sep 30, 2024 | 25.93% |
| Jun 30, 2024 | 28.49% |
| Mar 31, 2024 | 25.11% |
| Dec 31, 2023 | 29.77% |
| Sep 30, 2023 | 25.49% |
| Jun 30, 2023 | 24.55% |
| Mar 31, 2023 | 24.41% |
| Dec 31, 2022 | 24.13% |
| Sep 30, 2022 | 24.18% |
| Jun 30, 2021 | 25.40% |
| Mar 31, 2021 | 25.40% |
| Dec 31, 2020 | 25.00% |
| Sep 30, 2020 | 25.68% |
API Access
BayFirst Financial Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BAFN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BAFN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();