Company Analysis
Sign in

BayFirst Financial Corp. (BAFN)

Nasdaq: BAFN · State Commercial Banks · St Petersburg, FL · filing with the SEC since 2021
Full chart Alerts Compare
Grade3.8
◀ Past 2.6● Present 3.2▶ Future 6.6
5 est.
OverviewBusinessFinancialsGradeForecastSentimentOwnershipPeopleFilingsPatents Chart

The grade of BayFirst Financial Corp.

Nine metrics read from its own filings, by tense
Headline grade
3.8/10
◀ Past2.640% of the headline
● Present3.235% of the headline
▶ Future6.625% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 4 read as filed from the record and 5 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.6/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.4/10

Has it survived what it has been through?

3 warning events since 2021; the latest 2026-07-15.

weight 45% of this tense · 4th percentile among 165 sector filers · read for itself

From the record

BayFirst Financial Corp.'s filings since 2021 show 3 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2026-07-15); an auditor change (8-K item 4.01, the latest 2022-06-01); a material cybersecurity incident (8-K item 1.05, the latest 2025-10-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

SI estimate
4.9/10

What has it actually done, year after year?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 152 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than three filed years of revenue on file, so the desk assumes the typical reading of its industry family, the median of 152 members with one.
What the record cannot read
Fewer than three filed years of revenue on file.
How it was reasoned
family median, 152 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BayFirst Financial Corp.'s track record is put at 4.9 of 10 with a confidence of 20 of 100, because fewer than three filed years of revenue on file, so the desk assumes the typical reading of its industry family, the median of 152 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Shareholder treatment

as filed
4.0/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 0% of cash flow returned. Insiders: 4 sales, 0 purchases.

weight 33% of this tense · 40th percentile among 157 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, BayFirst Financial Corp.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 25% of its family
  • cash returned against operating cash flowbottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.2/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
2.2/10

Is it financially healthy right now?

ROE -30%: lost 30¢ per shareholder dollar. Leverage 94%: owes 94¢ per asset dollar.

weight 45% of this tense · 22nd percentile among 161 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, BayFirst Financial Corp. lost about 30 cents for every dollar of shareholders' money. Leverage: it owed about 94 cents per dollar of assets, and net share issuance: its share count shrank 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 3% of its family
  • return on equitybottom 1% of its family
  • the share count against the year beforetop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

SI estimate
5.3/10

How strong is its position in its industry?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 155 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
No filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 155 members with one.
What the record cannot read
No filed revenue on file.
How it was reasoned
family median, 155 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BayFirst Financial Corp.'s industry position is put at 5.3 of 10 with a confidence of 20 of 100, because no filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 155 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Leadership

as filed
2.3/10

What are the people in charge doing?

bottom 22% of 150 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 22nd percentile among 150 sector filers · read for its shareholders

From the record

BayFirst Financial Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Rogers, Alfred Tate Jr (CEO & President, as filed), filing under that title since 2026-05-21, 6 months (bottom 2% of its family); most of the 20 officers and directors filing now have filed since the record of its people begins (2021-11-15), a floor of 5 years the record cannot see past, so that part is not read; 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (bottom 43%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 20 peoplebottom 43% of its family
  • the chief executive's years on the record6 monthsbottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.6/1025% of the headline grade · 0 of 3 filed, 3 estimated

Room to expand

SI estimate
9.8/10

How much room does it have to grow?

SI estimate 9.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 98th percentile among 162 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the top 2% of 162 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 162 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BayFirst Financial Corp.'s room to expand is put at 9.8 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 2% of 162 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

SI estimate
4.9/10

What could actually drive growth from here?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 152 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending, so the desk assumes the typical reading of its industry family, the median of 152 members with one.
What the record cannot read
The record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending.
How it was reasoned
family median, 152 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BayFirst Financial Corp.'s growth drivers is put at 4.9 of 10 with a confidence of 20 of 100, because the record does not carry three filed years of revenue and two of the four parts: acceleration, the newest year's growth, the growth of research and of capital spending, so the desk assumes the typical reading of its industry family, the median of 152 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Expectations vs reality

SI estimate
5.1/10

Did its newest year beat what its own record pointed to?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 150 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 150 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 150 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: BayFirst Financial Corp.'s expectations vs reality is put at 5.1 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 150 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BAFN · research, not advice