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BayFirst Incurs Loss in Q1 as Loan Sales Decline, Stock Down 6%
ZACKS· 2025-05-01 02:50
Shares of BayFirst Financial Corp. (BAFN) have declined 5.8% since the company reported its earnings for the quarter ended March 31, 2025. This compares unfavorably to the S&P 500 index’s 2.8% growth over the same period. Over the past month, BAFN stock has retreated 10.4%, significantly underperforming the S&P 500’s 1.2% loss, as investors digested a mixed financial update weighed by asset quality deterioration and a bottom-line loss.BayFirst incurred a net loss of 17 cents per share in the first quarter o ...