Saint Petersburg, FL · Cert 34997 · Bayfirst Financial Corp.
National charter · OCC · 11 branches
Q2 2026
Market Position · Tampa-St. Petersburg-Clearwater, FL · 2026 SOD (annual) · 0.6% share · #19 of 60 inst. · $0.8B of $131.5B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.42% | 3.14% | -0.05% | -0.30% | -5.55% | -0.70% | -1.75% | -11.23% | -1,093 bps | |
| Return on Equity | 4.78% | 35.08% | -0.60% | -3.41% | -71.23% | -9.72% | -24.07% | -132.56% | -12,916 bps | |
| Net Interest Margin | 3.14% | 3.40% | 3.48% | 3.79% | 3.41% | 3.40% | 3.16% | 3.25% | -54 bps | |
| Efficiency Ratio | 77.59% | 46.01% | 78.98% | 74.35% | 243% | 105.36% | 140.96% | 657% | +58,222 bps | |
| Non-Interest Burden | 1.52% | -2.22% | 2.15% | 1.96% | 7.75% | 3.55% | 4.53% | 8.22% | +626 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.84% | 15.23% | 12.88% | 10.32% | 7.95% | 0.84% | -7.52% | -15.64% | -2,596 bps | |
| Loan Growth (YoY) | 18.49% | 16.47% | 15.76% | 11.65% | 4.76% | -9.63% | -14.23% | -21.58% | -3,323 bps | |
| Deposit Growth (YoY) | 9.27% | 15.98% | 11.93% | 11.67% | 5.34% | 3.58% | -3.74% | -14.02% | -2,569 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.63% | 1.79% | 2.46% | 2.10% | 2.39% | 2.68% | 2.46% | 2.14% | +4 bps | |
| Net Charge-Offs / Loans | 1.06% | 1.26% | 1.22% | 2.42% | 1.21% | 1.89% | 1.89% | 2.17% | -25 bps | |
| Allowance / Loans | 1.36% | 1.45% | 1.52% | 1.51% | 2.24% | 2.28% | 2.22% | 5.11% | +359 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.8x | 0.6x | 0.7x | 0.9x | 0.8x | 0.9x | 2.4x | +1.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.41% | 8.82% | 8.56% | 8.11% | 6.64% | 6.52% | 6.54% | 8.30% | +18 bps | |
| Total Risk-Based Capital | 11.39% | 12.14% | 11.73% | 11.23% | 9.71% | 10.18% | 9.84% | 12.77% | +154 bps | |
| Equity / Assets | 8.77% | 9.13% | 9.04% | 8.48% | 7.12% | 7.19% | 7.36% | 9.64% | +116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.74% | 93.25% | 96.13% | 96.66% | 93.23% | 81.36% | 85.65% | 88.16% | -851 bps | |
| Liquid Assets / Assets | 5.17% | 6.06% | 4.73% | 5.58% | 8.71% | 15.73% | 10.89% | 12.00% | +642 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 393% | 314% | 330% | n/a | n/a | |