BayFirst Financial Corp.BAFNEarnings & Financial Report
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is one of the largest banks in the US by assets and by number of branches, deposits, and ATMs.
Revenue
$23.1M
Gross Profit
N/A
Operating Profit
$-1.6M
Net Profit
$-1.2M
Gross Margin
N/A
Operating Margin
-7.1%
Net Margin
-5.3%
YoY Growth
11.1%
EPS
$-0.39
BayFirst Financial Corp. Q2 FY2025 Financial Summary
BayFirst Financial Corp. reported revenue of $23.1M (up 11.1% YoY) for Q2 FY2025, with a net profit of $-1.2M (down 242.8% YoY) (-5.3% margin).
Key Financial Metrics
| Total Revenue | $23.1M |
|---|---|
| Net Profit | $-1.2M |
| Gross Margin | N/A |
| Operating Margin | -7.1% |
| Report Period | Q2 FY2025 |
BayFirst Financial Corp. Annual Revenue by Year
BayFirst Financial Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $64.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $64.3M |
| 2024 | $98.5M |
| 2023 | $36.4M |
| 2022 | $30.0M |
BayFirst Financial Corp. Quarterly Revenue & Net Profit History
BayFirst Financial Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $10.3M | — | $-5.7M | -55.0% |
| Q4 FY2025 | $11.2M | +4.7% | $-2.5M | -22.1% |
| Q3 FY2025 | $10.2M | -52.9% | $-18.9M | -184.7% |
| Q2 FY2025 | $23.1M | +11.1% | $-1.2M | -5.3% |
| Q1 FY2025 | $19.8M | -14.2% | $-335.0K | -1.7% |
| Q4 FY2024 | $32.9M | +39.7% | $9.8M | 91.8% |
| Q3 FY2024 | $21.7M | -5.9% | $1.1M | 5.2% |
| Q2 FY2024 | $20.8M | -1.0% | $866.0K | 4.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.8M | $21.7M | $32.9M | $19.8M | $23.1M | $10.2M | $11.2M | $10.3M |
| YoY Growth | -1.0% | -5.9% | 39.7% | -14.2% | 11.1% | -52.9% | 4.7% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.22B | $1.25B | $1.29B | $1.29B | $1.34B | $1.35B | $1.30B | $1.20B |
| Liabilities | $1.12B | $1.14B | $1.18B | $1.18B | $1.24B | $1.26B | $1.21B | $1.11B |
| Equity | $101.0M | $102.3M | $110.9M | $110.1M | $108.2M | $89.7M | $87.6M | $81.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $78.8M | $90.8M | $390.5M | $74.2M | $63.3M | $47.3M | $285.3M |