How to buy BayFirst Financial stock

BayFirst Financial Corp is looking to resale shares of its common stock, but this offering is contingent upon the approval of its application for listing on the Nasdaq.

BayFirst Financial stock price (NASDAQ: BAFN)

Use our graph to track the performance of BAFN stocks over time.

BayFirst Financial shares at a glance

• Key figures

Information last updated 2023-01-30.

Latest market close	$18.32
52-week range	$15.23 - $24.65
50-day moving average more info button	$16.77
200-day moving average more info button	$17.70
Wall St. target price	N/A
PE ratio more info button	3.978
Dividend yield more info button	$0.32 (1.75%)
Earnings per share (TTM) more info button	$4.55

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Is it a good time to buy BayFirst Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

BayFirst Financial price performance over time

Historical closes compared with the close of $18.32 from 2023-02-03

1 week (2023-01-27)	0.11%
1 month (2023-01-04)	9.37%
3 months (2022-11-04)	9.37%
6 months (2022-08-04)	-0.22%

1 year (2022-02-04)	-14.79%
2 years (2021-02-04)	-29.54%
3 years (2020-01-31)	N/A
5 years (2018-01-31)	N/A

Is BayFirst Financial stock undervalued or overvalued?

Valuing BayFirst Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of BayFirst Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

BayFirst Financial's P/E ratio

BayFirst Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, BayFirst Financial shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, BayFirst Financial's P/E ratio is best considered in relation to those of others within the banks-regional industry or those of similar companies.

• Citigroup (C.US): 7.34
• Wells Fargo-and-Company (WFC.US): 14.93
• Bank of America (BAC.US): 11.12

BayFirst Financial financials

Revenue TTM	$62.3 million
Operating margin TTM	12.04%
Gross profit TTM	$62.3 million
Return on assets TTM	0.59%
Return on equity TTM	5.82%
Profit margin	-0.56%
Book value	$20.43
Market capitalisation more info button	$73.1 million

TTM: trailing 12 months

BayFirst Financial share dividends

Dividend payout ratio: 33.68% of net profits

Recently BayFirst Financial has paid out, on average, around 33.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), BayFirst Financial shareholders could enjoy a 1.75% return on their shares, in the form of dividend payments. In BayFirst Financial's case, that would currently equate to about $0.32 per share.

While BayFirst Financial's payout ratio might seem fairly standard, it's worth remembering that BayFirst Financial may be investing much of the rest of its net profits in future growth.

BayFirst Financial's most recent dividend payout was on 15 March 2023. The latest dividend was paid out to all shareholders who bought their shares by 28 February 2023 (the "ex-dividend date").

BayFirst Financial's dividend payout ratio is perhaps best considered in relation to those of similar companies.

• Citigroup (C.US): 29.14%
• Wells Fargo-and-Company (WFC.US): 37.34%
• Bank of America (BAC.US): 26.96%

Have BayFirst Financial's shares ever split?

BayFirst Financial's shares were split on a 3:2 basis on 12 May 2021. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your BayFirst Financial shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for BayFirst Financial shares which in turn could have impacted BayFirst Financial's share price.

BayFirst Financial share price volatility

Over the last 12 months, BayFirst Financial's shares have ranged in value from as little as $15.2293 up to $24.6494. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while BayFirst Financial's is 1.0822. This would suggest that BayFirst Financial's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

To put BayFirst Financial's beta into context you can compare it against those of similar companies.

• Citigroup (C.US): 1.5633
• Wells Fargo-and-Company (WFC.US): 1.1716
• Bank of America (BAC.US): 1.4022

BayFirst Financial overview

BayFirst Financial Corp. operates as the bank holding company for First Home Bank that provides commercial and consumer banking services for businesses and individuals. The company offers checking and savings accounts, and certificates of deposit. It also provides home loans, including residential mortgages, home equity loans, and home equity lines of credit; and business lending services comprising minority lending programs, PPP loan forgiveness services, SBA loans, and commercial lending services. In addition, the company offers treasury management, merchant, online, and investment services; and credit cards. The company was formerly known as First Home Bancorp, Inc. and changed its name to BayFirst Financial Corp.

Frequently asked questions

What percentage of BayFirst Financial is owned by insiders or institutions?
Currently 18.111% of BayFirst Financial shares are held by insiders and 17.679% by institutions. How many people work for BayFirst Financial?
Latest data suggests 291 work at BayFirst Financial. When does the fiscal year end for BayFirst Financial?
BayFirst Financial's fiscal year ends in December. Where is BayFirst Financial based?
BayFirst Financial's address is: 700 Central Avenue, Saint Petersburg, FL, United States, 33701 What is BayFirst Financial's ISIN number?
BayFirst Financial's international securities identification number is: US07279B1044