BayFirst Q4 net income jumps to $9.8M ($2.11 EPS) on sale-leaseback gain; NIM expands 26bps

BayFirst Financial Corp.

2024-FY EPS reported $2.62

Net income of $9.8M vs Q3 $1.1M; diluted EPS $2.11 vs $0.18; full-year net income $12.6M ($2.62 diluted EPS) vs $5.7M ($1.12) in 2023.
Net interest margin increased 26 bps to 3.60% from 3.34% in Q3.
Pre-tax gain of $11.6M from sale-leaseback of two branch offices; loans held for investment up 2.3% to $1.07B.
Board authorized up to $2M share repurchase program through Dec 31, 2025; quarterly dividend $0.08/share.
Government guaranteed loan originations totaled $107.8M in Q4; 495 Bolt loans ($64.8M) originated.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.