Is BAFN a good stock to buy right now?

Based on our 6-factor quantitative model, BayFirst Financial Corp. (BAFN) receives a "Avoid" rating with a composite score of 25.6/100. It is ranked #4,101 out of 4,446 stocks. Key factor scores: Quality 19/100, Value 9/100, Momentum 20/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for BAFN?

BayFirst Financial Corp. (BAFN) has a "Avoid" rating and 1-star score. The composite score of 25.6 ranks it #4,101 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is BAFN in?

BayFirst Financial Corp. operates in the Financials sector (Banking industry) with a market cap of $26 million. It is classified as a micro-cap stock.

Does BAFN pay a dividend?

BAFN does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is BAFN's P/E ratio?

P/E ratio data is not currently available for BAFN, which may indicate the company is not yet profitable.

How profitable is BAFN?

BAFN's quality factor score is 19/100. ROE: -22.1% vs sector average 8.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is BAFN valued compared to peers?

BAFN's value factor score is 9/100 (higher = cheaper). Key multiples: . Trading at a premium relative to peers.

What is BAFN's debt level?

BAFN's debt-to-equity ratio is 1385%. Sector average: 119%. Elevated leverage increases credit risk.

BAFN has a beta of 0.39, meaning it is less volatile than the market. Stability score: 44/100.

Does BAFN have high short interest?

BAFN's short interest factor score is 67/100 (higher = less short selling). Moderate short interest.

BAFN Stock Analysis: Top Micro-Cap Avoid (Score 25.6/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
BAFN	+4.48%	+3.84%	+2.11%	-13.89%	-59.30%	-	-	-
Industry Proxy XLF	+0.18%	+0.98%	-5.66%	-9.57%	-1.26%	-	-	-
U.S. Market SPY	+0.09%	+1.66%	-4.86%	-3.83%	+16.17%	-	-	-
Alpha vs Market	+4.39%	+2.18%	+6.97%	-10.06%	-75.48%	-	-	-
Alpha vs Sector	+4.30%	+2.86%	+7.77%	-4.32%	-58.05%	-	-	-

Metric	BAFN	Benchmark
P/E Ratio	-1.4x	-109%
EV/EBITDA	—	—
Price / Book	0.3x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
SII SPROTT INC.	66	85	45	90	85.3x	73.4%	21.7%	31.3%	-	43.0x	$3.5B	VS
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	55	8.7x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.3B	VS
UVE UNIVERSAL INSURANCE HOLDINGS, INC.	63	74	80	60	9.1x	18.2%	0.0%	6.3%	5.5%	18.0x	$943M	VS
OPY OPPENHEIMER HOLDINGS INC	62	68	79	62	9.7x	9.9%	0.0%	6.5%	37.5%	273.0x	$936M	VS
PKBK PARKE BANCORP, INC.	61	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$331M	VS
RRBI RED RIVER BANCSHARES INC	59	59	70	68	15.1x	11.0%	0.0%	27.5%	13.3%	818.0x	$591M	VS
VIRT Virtu Financial, Inc.	59	73	79	53	5.1x	38.0%	0.0%	21.7%	19.0%	103.0x	$3.7B	VS
TW Tradeweb Markets Inc.	58	84	56	41	36.9x	9.5%	68.0%	34.4%	25.6%	14.0x	$24.8B	VS
PEBK PEOPLES BANCORP OF NORTH CAROLINA INC	58	60	75	61	12.6x	10.9%	0.0%	20.8%	6.7%	983.0x	$210M	VS
CCBG CAPITAL CITY BANK GROUP INC	56	59	73	50	12.4x	10.9%	0.0%	29.9%	5.5%	693.0x	$738M	VS
BAFN BayFirst Financial Corp.	26	19	9	20	-	-22.1%	-	-42.2%	22.9%	1,385.0x	$26M

Key Ratio	TTM	2025	2024	2023	2022	2021	2020
Gross Margin %	-	-	-	-	-	-	0.3%
Operating Margin %	-0.6%	-0.7%	0.4%	0.2%	0.2%	0.8%	0.7%
EBITDA Margin %	-0.6%	-0.7%	0.4%	0.2%	0.2%	0.8%	-0.0%
Net Margin %	-0.4%	-0.5%	0.3%	0.2%	-0.0%	0.6%	0.1%
FCF Margin %	-	-	-	-	-	-	-758.2%
ROE %	-0.2%	-0.3%	0.1%	0.1%	-0.0%	0.3%	0.2%
ROA %	-0.0%	-0.0%	0.0%	0.0%	-0.0%	0.0%	0.0%
ROIC %	-23.9%	-27.8%	12.1%	6.3%	6.1%	26.6%	8.0%

Line Item	TTM	2025	2024	2023	2022	2021	2020
	$44M	$46M	$38M	$36M	$30M	$40M	$133M
	—	—	—	—	—	—	$33M
Gross Margin	---	---	---	---	---	---	25.2%
	—	—	—	—	—	—	-$21M
Total Operating Expenses	—	$77M	$21M	$28M	$23M	$8M	—
	-$26M	-$31M	$17M	$8M	$7M	$32M	$98M
EBIT	-$26M	-$31M	$17M	$8M	$7M	$32M	$98M
EBITDA	-$26M	-$31M	$17M	$8M	$7M	$32M	-$4M
Operating Margin	-57.7%	-67.3%	44.7%	22.1%	23.5%	80.7%	73.6%
EBITDA Margin	-60.1%	-67.3%	44.7%	22.1%	23.5%	80.7%	-2.8%
	—	$2M	$2M	$32M	$9M	$7M	$10M
	—	-$31M	$17M	$8M	$7M	$32M	—
Income Tax Expense	—	-$8M	$4M	$2M	$2M	$8M	$3M
	-$19M	-$23M	$13M	$6M	-$349K	$25M	$13M
Net Margin	-42.2%	-50.1%	33.1%	15.7%	-1.2%	61.2%	9.6%
	$-5.93	$-5.93	$2.68	$1.16	$-0.29	$6.21	$3.45
Diluted EPS	$-5.93	$-5.93	$2.62	$1.12	$-0.22	$5.74	$3.45
Weighted Avg Basic	—	4M	4M	4M	4M	4M	—
Weighted Avg Diluted	—	4M	5M	5M	4M	4M	—

BayFirst Financial Corp. (BAFN) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does BayFirst Financial Corp. Do?

N/A BayFirst Financial Corp. (BAFN) is classified as a micro-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Anthony N. Leo and employs approximately 640 people. With a market capitalization of $26M, BAFN is one of the notable companies in the Financials sector.

BayFirst Financial Corp. (BAFN) Stock Rating — Avoid (April 2026)

As of April 2026, BayFirst Financial Corp. receives a Avoid rating with a composite score of 25.6/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.BAFN ranks #4,101 out of 4,446 stocks in our coverage universe. Within the Financials sector, BayFirst Financial Corp. ranks #871 of 900 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BAFN Stock Price and 52-Week Range

BayFirst Financial Corp. (BAFN) currently trades at $6.76. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is BAFN Overvalued or Undervalued? — Valuation Analysis

BayFirst Financial Corp. (BAFN) carries a value factor score of 9/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.30x, versus the sector average of 1.19x. The price-to-sales ratio is 0.60x, compared to 0.89x for the average Financials stock.

At current multiples, BayFirst Financial Corp. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

BayFirst Financial Corp. Profitability — ROE, Margins, and Quality Score

BayFirst Financial Corp. (BAFN) earns a quality factor score of 19/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -22.1%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -1.5% versus the sector average of 1.3%.

The operating margin is -57.7% (sector: 21.8%). Net profit margin stands at -42.2%, versus 17.8% for the average Financials stock. Revenue growth is running at 22.9% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

BAFN Debt, Balance Sheet, and Financial Health

BayFirst Financial Corp. has a debt-to-equity ratio of 1385.0%, compared to the Financials sector average of 118.5%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.07x, suggesting adequate working capital coverage.

BAFN has a beta of 0.39, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for BayFirst Financial Corp. is 44/100, reflecting average volatility within the normal range for its sector.

BayFirst Financial Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, BayFirst Financial Corp. reported revenue of $44M and earnings per share (EPS) of $-5.93. Net income for the quarter was $-19M. Operating income came in at $-26M.

In FY 2025, BayFirst Financial Corp. reported revenue of $46M and earnings per share (EPS) of $-5.93. Net income for the quarter was $-23M. Revenue grew 20.4% year-over-year compared to FY 2024. Operating income came in at $-31M.

In Q3 2025, BayFirst Financial Corp. reported revenue of $11M and earnings per share (EPS) of $-4.66. Net income for the quarter was $-19M. Revenue grew 19.4% year-over-year compared to Q3 2024. Operating income came in at $-26M.

In Q2 2025, BayFirst Financial Corp. reported revenue of $12M and earnings per share (EPS) of $-0.39. Net income for the quarter was $-1M. Revenue grew 34.5% year-over-year compared to Q2 2024. Operating income came in at $-2M.

Over the past 8 quarters, BayFirst Financial Corp. has demonstrated a growth trajectory, with revenue expanding from $9M to $44M. Investors analyzing BAFN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BAFN Dividend Yield and Income Analysis

BayFirst Financial Corp. (BAFN) does not currently pay a dividend. This is common among smaller companies in the Banking industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.

BAFN Momentum and Technical Analysis Profile

BayFirst Financial Corp. (BAFN) has a momentum factor score of 20/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 67/100 reflects moderate short selling activity.

BAFN vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, BayFirst Financial Corp. (BAFN) ranks #871 out of 900 stocks based on the Blank Capital composite score. This places BAFN in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) with a score of 62.6/100, WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 63.3/100, PARKE BANCORP, INC. (PKBK) with a score of 60.5/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.3/100, and PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) with a score of 57.6/100.

Comparing BAFN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BAFN vs S&P 500 (SPY) comparison to assess how BayFirst Financial Corp. stacks up against the broader market across all factor dimensions.

BAFN Next Earnings Date

No upcoming earnings date has been announced for BayFirst Financial Corp. (BAFN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BAFN? — Investment Thesis Summary

The quantitative profile for BayFirst Financial Corp. suggests caution. The quality score of 19/100 flags below-average profitability. The value score of 9/100 indicates premium valuation. Momentum is weak at 20/100, a headwind for near-term performance.

In summary, BayFirst Financial Corp. (BAFN) earns a Avoid rating with a composite score of 25.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BAFN stock.

Related Resources for BAFN Investors

Explore more research and tools: BAFN vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BAFN head-to-head with peers: BAFN vs UVE, BAFN vs WTM, BAFN vs PKBK.

Business quality

Valuation edge

Market alpha

Unlock Investment Thesis

Unlock Performance & Technicals

Unlock Valuation Tools

Institutional peer matrix

Dispersion: efficiency vs. valuation

Lateral intelligence network

Unlock Financial Statements

Unlock Ownership & Management

Intelligence Feed

BayFirst Announces First Quarter 2026 Conference Call and Webcast

BayFirst Financial Corp. (NASDAQ:BAFN) Q4 2025 Earnings Call Transcript

BayFirst signals ongoing SBA loan runoff and targets enhanced profitability with 2026 strategic plan (NASDAQ:BAFN)

BayFirst Incurs Q4 Loss Amid SBA Exit and Credit Headwinds

BayFirst Financial Corp (BAFN) Q4 2025 Earnings Call Highlights: Navigating Challenges with ...

Unlock Earnings Transcripts

Institutional Intelligence FAQ

Related Research & Tools

Related Financials Stocks