FDIC certificate 34997
BayFirst National Bank
Saint Petersburg, Florida · 700 Central Ave 33701
Hunter Score
This bank ranks below the middle of its size group.
Up 1 point from last quarter.
Compared with 619 banks with $1 billion to $3 billion in assets.
A high score is not a recommendation to buy or sell.
What stands out
BayFirst National Bank has a Hunter Score of 9 out of 100 for Q2 2026, ending June 30, 2026. This bank ranks below the middle of its size group. The comparison is with banks with $1 billion to $3 billion in assets.
The FDIC reported net interest margin of 3.52% (field NIMY). Among banks with $1 billion to $3 billion in assets, the peer rank for this measure is 37 out of 100. A rank of 50 is typical.
The FDIC reported efficiency ratio of 246.13% (field EEFFR). Among banks with $1 billion to $3 billion in assets, the peer rank for this measure is 0 out of 100. A rank of 50 is typical.
Warning flags
These are factual readings from FDIC fields. A flag is a reason to read the number, not a finding that the bank is unsafe.
None of the warning flags on this site are met for the latest quarter.
Held-to-maturity unrealized losses are not flagged. The FDIC file does not publish a held-to-maturity cost that we can subtract from fair value without guessing.
Similar banks
Other banks in Florida with $1 billion to $3 billion in assets, ordered by Hunter Score.
- Cogent Bank86out of 100
- OptimumBank85out of 100
- Newtek Bank, National Association76out of 100
- Crews Bank & Trust75out of 100
- Brannen Bank72out of 100
Top Hunter Scores in Florida · Top scores with $1 billion to $3 billion in assets
The five measures
Numbers below are for Q2 2026, ending June 30, 2026. They are copied from the FDIC. We do not recalculate them.
Return on equity (ROE)
-79.98%
Profit for each dollar of the bank's capital. Higher is stronger.
Peer rank 0 out of 100. Weaker than most similar-sized banks.
More about this number
The FDIC reports this as ROE. A common benchmark is above 10%. The benchmark is only a guide. The Hunter Score uses the peer rank, not the benchmark.
Return on assets (ROA)
-6.32%
Profit for each dollar of assets. Higher is stronger.
Peer rank 0 out of 100. Weaker than most similar-sized banks.
More about this number
The FDIC reports this as ROA. A common benchmark is above 1%. The benchmark is only a guide. The Hunter Score uses the peer rank, not the benchmark.
Net interest margin (NIM)
3.52%
The gap between what the bank earns on loans and securities and what it pays for funding. Higher means a wider gap.
Peer rank 37 out of 100. Weaker than most similar-sized banks.
More about this number
The FDIC reports this as NIMY. A common benchmark is above 3%. The benchmark is only a guide. The Hunter Score uses the peer rank, not the benchmark.
Efficiency ratio
246.13%
What the bank spends to produce a dollar of revenue. Lower is leaner.
Peer rank 0 out of 100. Weaker than most similar-sized banks.
More about this number
The FDIC reports this as EEFFR. A common benchmark is below 60%. The benchmark is only a guide. The Hunter Score uses the peer rank, not the benchmark.
Noncurrent loans
2.13%
Loans that are past due or no longer accruing interest, as a share of all loans. Lower is safer.
Peer rank 8 out of 100. Weaker than most similar-sized banks.
More about this number
The FDIC reports this as NCLNLSR. A common benchmark is below 1%. The benchmark is only a guide. The Hunter Score uses the peer rank, not the benchmark.
Recent quarters
- Q2 2026, ending June 30, 20269 out of 100
- Q1 2026, ending March 31, 20268 out of 100
- Q4 2025, ending December 31, 202515 out of 100
- Q3 2025, ending September 30, 202516 out of 100
- Q2 2025, ending June 30, 202521 out of 100
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About this bank
- Total assets
- $1.1 billion
- Deposits
- $1.0 billion
- Equity
- $111.8 million
- Tangible equity
- $111.8 millionBank-level FDIC equity minus goodwill and other intangible assets (FDIC fields EQ and INTANGW). This is not the holding company's tangible book, and it is not per share.
- Offices
- 12
- Charter
- National bank
- Specialty
- Commercial Lending Specialization
- Community bank
- Yes, by the FDIC definition
- Net income
- -$38.1 millionYear-to-date, as reported. Not annualized.
Holding company and stock symbol
Holding company: Bayfirst Financial Corp, Saint Petersburg, FL. Federal Reserve RSSD 2881650.
Stock symbol BAFN on Nasdaq. We matched the holding company's name to one SEC filing. Checked 2026-10-24. We do not show stock prices. Check the price on Yahoo Finance, then type it into the calculator below.
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Price-to-tangible-book calculator
This calculator estimates a fair multiple of tangible book value from the bank's return on equity. It is separate from the Hunter Score. It is not a price target.
Where it is
700 Central Ave, Saint Petersburg, FL 33701
Showing the main office reported to the FDIC. Use the plus and minus buttons on the map to zoom. Map data is from OpenStreetMap.