BayFirst Financial Corp (BAFN)

BayFirst Financial Corp. experienced several stock events in the past six months. The company reported a net loss in Q3 2025 due to higher credit loss provisions and one-time charges related to exiting SBA 7(a) lending, leading to a stock decline. BayFirst closed on the sale of loans to Banesco USA as part of its strategic plan. The company reported a net loss in Q4 2025, but it was an improvement from the previous quarter. Over the past year, the company's shares have experienced a significant decline.

The provided information does not explicitly state any demand seasonality for BayFirst Financial Corp.'s products and services. Loan demand has been noted to be impacted by the interest rate environment.

BayFirst Financial Corp. is a bank holding company in the Financial Services sector, specifically Regional Banks, founded in 1999 and headquartered in Saint Petersburg, Florida. Its primary income source is its subsidiary, BayFirst National Bank, which serves consumers and small businesses. The company offers traditional banking products and services, including checking and savings accounts, loans, and commercial lending services. BayFirst exited the SBA 7(a) lending business in Q4 2025.

BayFirst Financial Corp. is headquartered in Saint Petersburg, Florida, serving the Tampa Bay region through full-service banking offices. As of January 26, 2022, it operated seven full-service locations across St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, and Belleair Bluffs, Florida, and had 23 mortgage loan production offices. Its CreditBench platform previously originated SBA 7(a) and USDA loans nationwide.

BayFirst Financial Corp. has been recognized as a top place to work in the Tampa Bay area. The company emphasizes community involvement, financial education, support for small businesses, and serving the underserved. It also highlights its efforts in environmental protection. While strategic changes and financial losses could affect its reputation, no specific events explicitly detailing a negative impact were found.

BayFirst Financial Corp. has 23 institutional owners and shareholders holding a total of 684,903 shares. Institutional shareholders own 15.52% of the stock, insiders hold 19.96%, and retail investors account for 64.52%. Major institutional owners include Banc Funds Co Llc, First Manhattan Co, Vanguard Group Inc, and BlackRock, Inc. Mark S. Berset is the largest individual shareholder, owning 6.97% of the company. Thomas Gerard Zernick, CEO and director, beneficially owned shares directly and indirectly through an ESOP as of February 5, 2026.