BayFirst Financial Corp. (BAFN) stock has dropped by 14.9% since reporting Q2 earnings, compared to the S&P 500’s 2.4% decline. The company incurred a loss of 39 cents per share, with a net loss of $1.2 million. Interest income increased by 10.2% to $22.5 million, while total loans held for investment rose to $1.13 billion. Nonperforming loans accounted for 1.37% of total loans. Non-interest income increased to $10.8 million, but expenses also rose to $17.5 million, impacting the efficiency ratio. Provision for credit losses increased to $7.3 million, reflecting cautious management. Shareholders’ equity is at $108.2 million, with a negative return on average common equity of 6.8%.

Read more at Zacks Investment Research: BAFN Stock Slides 15% on Q2 Loss, Interest Income Up Y/Y – August 4, 2025