BayFirst Financial (BAFN) Technology and Communications (2020 - 2026)
BayFirst Financial (BAFN) reported Technology and Communications of $1.41 million for Q3 2026, down 31.4% from $2.05 million a year earlier and down 46.9% from the prior quarter.
BayFirst Financial (BAFN) Technology and Communications (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, BayFirst Financial's Technology and Communications came in at $7.23 million, down 8.7% year-over-year; for FY2025, it was $7.86 million, up 16.5% from FY2024.
- Technology and Communications has increased for three consecutive years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- By year, Technology and Communications came in at $6.75 million in FY2024 (+20.2%), $5.61 million in FY2023 (+16.2%), $4.83 million in FY2022 (-8.7%) and $5.29 million in FY2021 (+19.7%).
- The Q3 2026 figure ranks as the lowest quarterly Technology and Communications since Q2 2023.
- Year over year, Technology and Communications gained in five of the last eight quarters, with growth averaging 7.5%.
- The high point for year-over-year Technology and Communications in five years was Q4 2022 (growth of 31.3%); the low point was Q2 2022 (a decline of 58.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.65 million (Q2 2026), $1.49 million (Q1 2026) and $1.69 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 3.34 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 2.01 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 1.30 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 284.73 Mn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 674.00 Mn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | BayFirst Financial | 164.20 Mn | -444.74 Mn | - | 1.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.41 Mn |
| Jun 30, 2026 | 2.65 Mn |
| Mar 31, 2026 | 1.49 Mn |
| Dec 31, 2025 | 1.69 Mn |
| Sep 30, 2025 | 2.05 Mn |
| Jun 30, 2025 | 2.08 Mn |
| Mar 31, 2025 | 2.05 Mn |
| Dec 31, 2024 | 1.75 Mn |
| Sep 30, 2024 | 1.79 Mn |
| Jun 30, 2024 | 1.65 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 1.42 Mn |
| Sep 30, 2023 | 1.53 Mn |
| Jun 30, 2023 | 1.32 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | 1.25 Mn |
| Jun 30, 2022 | 1.08 Mn |
| Mar 31, 2022 | 1.16 Mn |
| Dec 31, 2021 | 1.02 Mn |
BayFirst Financial Technology and Communications 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=technology-and-communications&ticker=BAFN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "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=technology-and-communications&ticker=BAFN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();