BayFirst Financial (NASDAQ:BAFN) Releases Quarterly Earnings Results

Key Points

• BayFirst Financial reported a quarterly earnings per share (EPS) of ($0.39), with a net margin of 8.22% and a return on equity of 12.68%.
• Shares of BayFirst Financial saw a decrease of $0.20, trading at $15.08 during midday, with a market capitalization of $62.26 million.
• The company's stock has ranged between a fifty-two week low of $11.98 and a high of $19.75, indicating significant price volatility over the past year.

BayFirst Financial (NASDAQ:BAFN - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.39) earnings per share for the quarter, Zacks reports. The company had revenue of $23.14 million during the quarter. BayFirst Financial had a return on equity of 10.15% and a net margin of 6.65%.

BayFirst Financial Stock Performance

BAFN traded up $0.31 on Friday, hitting $13.00. The company had a trading volume of 24,926 shares, compared to its average volume of 15,050. The stock has a market cap of $53.68 million, a price-to-earnings ratio of 7.51 and a beta of 0.41. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.00 and a quick ratio of 0.95. The company's fifty day moving average price is $14.76 and its 200 day moving average price is $15.74. BayFirst Financial has a 1-year low of $11.98 and a 1-year high of $19.75.

About BayFirst Financial

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.