BayFirst Elects Twelve Directors to its Board of Directors

ST. PETERSBURG, Fla., Sept. 24, 2026 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or “Company”), parent company of BayFirst National Bank (“Bank”) today announced that twelve directors of the company have been elected by shareholder vote during the Annual Shareholder Meeting on September 22, 2026 to the company’s Board of Directors.

The directors elected include: Mark S. Berset, William T. Conroy, Dennis R. DeLoach, III, Kenneth R. Lehman, Christos Politis, M.D., Alfred T. Rogers, Jr., Anthony Saravanos, Bradly W. Spoor, William I. Sultenfuss, II, Joseph E. Taggart, Andrew P. Wright, and Barbara J. Zipperian. Directors will serve until the expiration of their respective terms or until their successors have been duly elected and qualified.

“I am pleased to welcome our newly elected Board of Directors, and I look forward to working with them as we continue executing our strategic priorities,” stated Alfred Rogers, Chief Executive Officer. “BayFirst is fortunate to have a Board of prominent local leaders and entrepreneurs as well as banking experts. I also want to express our sincere appreciation to our outgoing Board members for their service, leadership, and commitment to BayFirst. This has been an important year of transition for the Company, and we remain focused on strengthening our community banking platform, serving our customers well, and moving BayFirst forward with discipline and purpose.”

About BayFirst Financial Corp.

BayFirst Financial Corp. is a registered bank holding company based in St. Petersburg, Florida which commenced operations on September 1, 2000. Its primary source of income is derived from its wholly owned subsidiary, BayFirst National Bank, a national banking association which commenced business operations on February 12, 1999. The Bank currently operates twelve full-service banking offices throughout the Tampa Bay-Sarasota region and offers a broad range of commercial and consumer banking services to businesses and individuals. As of June 30, 2026, BayFirst Financial Corp. had $1.13 billion in total assets.

Forward-Looking Statements

In addition to the historical information contained herein, this presentation includes "forward-looking statements" within the meaning of such term in the Private Securities Litigation Reform Act of 1995. These statements are subject to many risks and uncertainties, including, but not limited to, the effects of health crises, global military hostilities, weather events, or climate change, including their effects on the economic environment, our customers and our operations, as well as any changes to federal, state or local government laws, regulations or orders in connection with them; the ability of the Company to implement its strategy and expand its banking operations; changes in interest rates and other general economic, business and political conditions, including changes in the financial markets; changes in business plans as circumstances warrant; risks related to mergers and acquisitions; changes in benchmark interest rates used to price loans and deposits, changes in tax laws, regulations and guidance; enforcement actions initiated by our regulators and their impact on our operations; and other risks detailed from time to time in filings made by the Company with the SEC, including, but not limited to those “Risk Factors” described in our most recent Form 10-K and Form 10-Q. Readers should note that the forward-looking statements included herein are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements.