Bayfirst Financial Corp

Bayfirst Financial Corp has a market price of $7.13 and a market capitalization of $29.29 million, with a price-to-book ratio of 0.33 and a price-to-tangible-book ratio of 0.33. The company's enterprise value to revenue ratio is 0.8, indicating a low valuation relative to its revenue. The company's liquidity is assessed as medium, with a negative net cash position after subtracting total debt.

The company's profitability is weak, with a return on equity of -26.19% and a return on assets of -1.76%. These metrics are below the typical performance of banks, which usually maintain positive returns on equity and assets. The company's debt-to-equity ratio is 0.09, suggesting a conservative capital structure with minimal leverage.

Geographically and segment-wise, the company's exposure is not disclosed in the available data. However, the company's revenue concentration and segment performance are not specified in the provided financials. The company's operations are likely concentrated in the United States, as is typical for regional banks, but no specific geographic breakdown is available.

The company's growth trajectory is uncertain, with no specific revenue growth projections provided. The company's operating cash flow is $28.53 million, but its free cash flow is negative at -$17.09 million, indicating that the company is not generating sufficient cash to fund its operations without external financing. The company's capital expenditure is -$300,000, suggesting a reduction in capital spending.

The company's risk profile is characterized by medium liquidity risk and low dilution potential. The key risk flag is the negative net cash position after subtracting total debt, which could impact the company's ability to meet short-term obligations. The company's dilution potential is low, with no significant adjustments applied to the valuation metrics.

Recent events and filings are not detailed in the provided data. The company's financial performance and risk profile suggest that it may be facing operational challenges, but no specific recent events or management statements are available to confirm this.

Bayfirst Financial Corp. (BAFN.O) has recorded its first analysis, establishing a baseline for future monitoring as no prior data exists for delta computation. This initial snapshot reveals a company with a lean operational structure, characterized by zero reported officers, zero analyst coverage, and no index memberships. The firm currently maintains a small investor base, with only six top holders identified in the registry. The most material development in this initial review is a notable addition to the shareholder roster. As of March 31, 2026, investor ID 931 acquired a position in the company. This holding consists of 343 shares, valued at approximately $0.002 million, representing a negligible weight of roughly 0.000001% of the total equity. This acquisition was detected on June 20, 2026, marking the first observable change in ownership structure for the ticker. Given the absence of prior basis for comparison, this event serves as the primary signal of market activity for Bayfirst Financial Corp. at this stage. The transaction underscores the micro-cap nature of the entity, where even small share counts constitute distinct holder changes. The significance of this initial data point lies in establishing the current ownership landscape for a company with limited public visibility. With no analyst coverage or index inclusion, the presence of specific holders like investor ID 931 provides the only tangible insight into stakeholder composition. Future analysis will depend on tracking changes against this newly established baseline. [doc:bafn.o-ha-financials]