BayFirst Financial Corp. (BAFN)
BayFirst Financial Corp. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Saint Petersburg, FL, US. The stock last traded at $6.28, up 0.72% on the session, giving a market capitalisation of $25.8M. On trailing twelve-month figures it carries a trailing P/E of -0.87, a net margin of -32.7%. Its beta of 0.38 implies it has historically moved less than the broad market.
Founded in 1999 and headquartered in Saint Petersburg, Florida, BayFirst Financial Corp. functions as the parent entity for First Home Bank. This financial institution offers a comprehensive array of commercial and consumer banking solutions for both businesses and individual clients. Its product portfolio includes various deposit accounts such as checking, savings, and certificates of deposit. Borrowers can access a range of home financing options, including residential mortgages, home equity loans, and home equity lines of credit. For businesses, specialized lending programs are available, encompassing minority lending initiatives, PPP loan forgiveness services, SBA loans, and general commercial lending. Furthermore, the company provides treasury management, merchant services, online banking, investment products, and credit cards. As of January 26, 2022, BayFirst Financial Corp. operated seven full-service branch locations across Florida in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, and Belleair Bluffs, alongside 23 mortgage loan production offices. The firm adopted its current name in May 2021, having previously operated as First Home Bancorp, Inc.
BayFirst Financial Corp. is most often compared with the following Financial Services names: