BayFirst Financial Balance Sheet Health
Financial Health criteria checks 6/6
BayFirst Financial has total assets of $1.1B and total equity of $100.6M. Total deposits are $1.0B, and total loans are $902.2M. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $60.5M.
Key information
11.4x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$1.01b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$60.51m |
Recent financial health updates
Recent updates
BayFirst Financial (NASDAQ:BAFN) Is Due To Pay A Dividend Of $0.08
Oct 31
BayFirst Financial (NASDAQ:BAFN) Will Pay A Dividend Of $0.08
Aug 01BayFirst Financial (NASDAQ:BAFN) Will Pay A Dividend Of $0.08
May 02BayFirst Financial (NASDAQ:BAFN) Is Paying Out A Dividend Of $0.08
Feb 07BayFirst Financial to discontinue network of residential mortgage LPOs
Sep 21First Home Bancorp GAAP EPS of $0.03, revenue of $25.35M
Jul 27Should You Be Adding BayFirst Financial (NASDAQ:BAFN) To Your Watchlist Today?
Dec 03Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BAFN's Assets to Equity ratio (11.4x) is moderate.
Allowance for Bad Loans: BAFN has a sufficient allowance for bad loans (163%).
Low Risk Liabilities: 97% of BAFN's liabilities are made up of primarily low risk sources of funding.
Loan Level: BAFN has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: BAFN's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: BAFN has an appropriate level of bad loans (0.9%).