BayFirst Financial (NASDAQ:BAFN) Announces Earnings Results

BayFirst Financial (NASDAQ:BAFN) released its earnings results on Thursday. The company reported $2.11 earnings per share (EPS) for the quarter, Zacks reports. BayFirst Financial had a return on equity of 5.34% and a net margin of 3.38%.

BayFirst Financial Price Performance

NASDAQ BAFN traded down $0.02 during trading on Thursday, reaching $15.30. 2,349 shares of the company traded hands, compared to its average volume of 5,734. The company has a market cap of $63.19 million, a price-to-earnings ratio of 20.96 and a beta of 0.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.98. The stock’s 50 day moving average price is $13.54 and its two-hundred day moving average price is $13.36. BayFirst Financial has a 1-year low of $10.40 and a 1-year high of $17.50.

About BayFirst Financial

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.