BayFirst Financial Balance Sheet Health
Financial Health criteria checks 6/6
BayFirst Financial has total assets of $1.2B and total equity of $102.3M. Total deposits are $1.1B, and total loans are $1.0B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $66.6M.
Key information
12.2x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$1.11b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$66.65m |
Recent financial health updates
Recent updates
BayFirst Financial (NASDAQ:BAFN) Has Affirmed Its Dividend Of $0.08
Oct 29
BayFirst Financial's (NASDAQ:BAFN) Dividend Will Be $0.08
Aug 20BayFirst Financial (NASDAQ:BAFN) Has Affirmed Its Dividend Of $0.08
Jul 30BayFirst Financial (NASDAQ:BAFN) Is Paying Out A Dividend Of $0.08
Apr 30BayFirst Financial (NASDAQ:BAFN) Is Due To Pay A Dividend Of $0.08
Oct 31BayFirst 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 (12.2x) is moderate.
Allowance for Bad Loans: BAFN has a sufficient allowance for bad loans (129%).
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 (83%).
Low Risk Deposits: BAFN's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: BAFN has an appropriate level of bad loans (1.1%).