Name | Value |
---|---|
Revenues | 15.8M |
Cost of Revenue | 0.0M |
Gross Profit | 15.8M |
Operating Expense | 2.7M |
Operating I/L | 3.5M |
Other Income/Expense | -0.7M |
Interest Income | 12.5M |
Pretax | 2.8M |
Income Tax Expense | 0.7M |
Net Income/Loss | 2.1M |
BayFirst Financial Corp. operates as a bank holding company providing commercial and consumer banking services, including checking and savings accounts, certificates of deposit, home loans, business lending services, treasury management, merchant, online, and investment services, as well as credit cards. The company generates revenue through interest income from loans, fees from banking services, and credit card transactions. It also offers PPP loan forgiveness services and SBA loans. With seven full-service office locations and 23 mortgage loan production offices in Florida, BayFirst Financial Corp. focuses on serving businesses and individuals with a range of financial products and services.