BayFirst Financial (NASDAQ:BAFN) Full Year 2023 Results

Key Financial Results

• Revenue: US$75.7m (up 22% from FY 2022).

• Net income: US$4.95m (up 6.5% from FY 2022).

• Profit margin: 6.5% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses.

• EPS: US$1.21 (up from US$1.16 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BayFirst Financial shares are down 1.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for BayFirst Financial you should be aware of, and 1 of them shouldn't be ignored.

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