BayFirst Financial Corp BAFN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit Losses
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BayFirst Financial Corp. Announces First Quarter 2024 Conference Call and Webcast
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Banking Virtual Investor Conference Agenda: Presentations Now Available for Online Viewing
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Banking Virtual Investor Conference Agenda Announced for March 14, 2024
Trading Information
- Previous Close Price
- $12.80
- Day Range
- $12.62–12.90
- 52-Week Range
- $8.88–15.00
- Bid/Ask
- $12.62 / $12.85
- Market Cap
- $52.93 Mil
- Volume/Avg
- 19,718 / 5,406
Key Statistics
- Price/Earnings (Normalized)
- 10.65
- Price/Sales
- 0.70
- Dividend Yield (Trailing)
- 2.50%
- Dividend Yield (Forward)
- 2.50%
- Total Yield
- 2.50%
Company Profile
BayFirst Financial Corp is a one bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 306
Comparables
Valuation
|
Metric
|
BAFN
|
CNOB
|
BRKL
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.65 | 8.96 | 8.08 |
Price/Book Value | 0.61 | 0.64 | 0.64 |
Price/Sales | 0.70 | 2.73 | 2.10 |
Price/Cash Flow | 0.13 | 6.41 | 5.77 |
Price/Earnings
BAFN
CNOB
BRKL
Financial Strength
|
Metric
|
BAFN
|
CNOB
|
BRKL
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
BAFN
|
CNOB
|
BRKL
|
|---|---|---|---|
Return on Assets (Normalized) | 0.60% | 0.93% | 0.85% |
Return on Equity (Normalized) | 7.63% | 8.36% | 8.19% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
BAFN
CNOB
BRKL
Banks - Regional Industry Comparables
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Name
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Morningstar Rating for Stocks
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