BayFirst Financial (NASDAQ:BAFN) Posts Quarterly Earnings Results

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

BayFirst Financial Stock Performance

BAFN stock traded down $0.02 during mid-day trading on Thursday, reaching $15.30. The company had a trading volume of 2,349 shares, compared to its average volume of 5,734. The stock’s 50-day simple moving average is $13.54 and its two-hundred day simple moving average is $13.36. The stock has a market capitalization of $63.19 million, a P/E ratio of 20.96 and a beta of 0.40. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 0.21. BayFirst Financial has a one year low of $10.40 and a one 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.