BAFN - Dividend announcements

ST. PETERSBURG, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ:BAFN) ("BayFirst" or "Company"), parent company of BayFirst National Bank ("Bank") today announced that as part of a comprehensive strategic review aimed at positioning the Company for long-term growth and enhanced shareholder value, the Bank has discontinued its Bolt loan program, effective immediately. The Bolt loan program was an SBA 7(a) loan designed to provide small balance loans to small businesses, typically used for working capital. The Company continues to explore a range of opportunities intended to increase emphasis on the Bank's community banking activities in its Florida markets. The Comp

ST. PETERSBURG, Fla., Oct. 28, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of BayFirst National Bank (the "Bank") today reported net income from continuing operations of $3.1 million for the third quarter of 2022 compared to $391 thousand in the second quarter of 2022. Following the strategic decision to discontinue the Bank's nationwide residential mortgage operations, BayFirst recognized a one-time charge of $3.7 million in the third quarter of 2022. Net loss inclusive of discontinued operations was $1.4 million, or $0.35 per diluted share, for the third quarter of 2022, compared to a net loss of $282 thousand, or $0.10 pe

ST. PETERSBURG, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of BayFirst National Bank (f/k/a First Home Bank) (the "Bank") revised its second quarter earnings report to correct the accounting treatment of deferred loan costs on loans on which the Company elected the fair value option. The timing of recognition of fees and costs on such financial instruments differs for loans carried at amortized cost, with costs and fees recognized when incurred, rather than deferred and recognized over the life of the loan. Much of these costs would have been recognized in the third quarter of 2022 assuming the guaranteed and

ST. PETERSBURG, Fla., July 28, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ:BAFN) (the "Company"), parent company of BayFirst National Bank (the "Bank"), today announced its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend will be payable September 15, 2022 to common shareholders of record as of September 1, 2022. This dividend marks the 25th consecutive quarterly cash dividend paid since BayFirst initiated cash dividends in 2016. About BayFirst Financial Corp. BayFirst Financial Corp. is a registered bank holding company which commenced operations on September 1, 2000. Its primary source of income is from its wholly owned subsidi

ST. PETERSBURG, Fla., July 27, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of BayFirst National Bank (f/k/a First Home Bank) (the "Bank") reported earnings for the second quarter of 2022 of $328 thousand, or $0.03 per diluted common share compared to $13 thousand, or $(0.05) per diluted common share in the first quarter of 2022, and $13.0 million, or $2.98 per diluted common share, in the second quarter of 2021. Financial results for the second quarter of 2022 were highlighted by robust loan production in community banking, up 200% year to date over last year, as well as one of the best quarters of SBA 7(a) loan production i

ST. PETERSBURG, Fla., April 29, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of First Home Bank, today announced its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend will be payable June 15, 2022 to common shareholders of record as of June 1, 2022. This dividend marks the 24th consecutive quarterly cash dividend paid since BayFirst initiated cash dividends in 2016. About BayFirst Financial Corp. BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) is a registered bank holding company which commenced operations on September 1, 2000. Its primar

ST. PETERSBURG, Fla., April 28, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of First Home Bank (d/b/a BayFirst Bank) (the "Bank") reported earnings for the first quarter of 2022 of $13 thousand, or $(0.05) per diluted common share compared to $2.81 million, or $0.61 per diluted common share in the fourth quarter of 2021, and $7.51 million, or $1.82 per diluted common share, in the first quarter of 2021. Financial results for the first quarter of 2022 were impacted by disruptions in the residential secondary market and a reduction in mortgage loan volume, as well as a slower than anticipated p

Tom Zernick Promoted to President of First Home Bank Robin Oliver Promoted to Chief Operating Officer and CFO ST. PETERSBURG, Fla., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Just days after announcing record-breaking earnings for the year 2021 and its 23rd consecutive quarterly cash dividend, BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of First Home Bank ("First Home" or the "Bank") is pleased to announce strategic promotions of two individuals who have played pivotal roles in the Company's overall success to date. Tom Zernick, who has served as President of CreditBench, First Home Bank's SBA lending division, since 2016

ST. PETERSBURG, Fla., Jan. 27, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of First Home Bank, today announced its Board of Directors increased its quarterly cash dividend by 14% to $0.08 per common share. The dividend will be payable March 15, 2022 to common shareholders of record as of March 1, 2022. This dividend marks the 23rd consecutive quarterly cash dividend paid since BayFirst initiated cash dividends in 2016, and represents a 240% increase over the 23-quarter period. "Our franchise is generating solid profitability, and we are committed to providing returns to our shareholders thro

ST. PETERSBURG, Fla., Jan. 26, 2022 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (NASDAQ:BAFN) ("BayFirst" or the "Company"), parent company of First Home Bank ("First Home" or the "Bank") reported earnings for the fourth quarter of 2021 of $2.81 million, or $0.61 per diluted common share, driven by higher gain on sale of SBA guaranteed loans, which were partially offset by a reduction in interest and origination fee income from the SBA's Paycheck Protection Program ("PPP") and lower residential loan fee income, compared to the previous quarter. In the third quarter of 2021, the Company reported net income of $1.28 million, or $0.26 per diluted common share