BayFirst Financial (NASDAQ:BAFN) Announces Earnings Results

BayFirst Financial (NASDAQ:BAFN) announced its earnings results on Thursday. The company reported $2.11 EPS for the quarter, Zacks reports. BayFirst Financial had a net margin of 3.38% and a return on equity of 5.34%.

BayFirst Financial Stock Performance

Shares of BAFN traded down $0.02 during trading hours on Thursday, reaching $15.30. 2,349 shares of the company traded hands, compared to its average volume of 5,734. BayFirst Financial has a 1-year low of $10.40 and a 1-year high of $17.50. The stock has a market cap of $63.19 million, a P/E ratio of 20.96 and a beta of 0.40. The stock’s fifty day moving average is $13.54 and its 200 day moving average is $13.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.98.

About BayFirst Financial

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.