BAFN: Bayfirst Financial Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Bayfirst Financial Corp (BAFN).
$54.97M Market Cap.
BAFN Market Cap. (MRY)
BAFN Shares Outstanding (MRY)
BAFN Assets (MRY)
Total Assets
$1.29B
Total Liabilities
$1.18B
Total Investments
$1.10B
BAFN Income (MRY)
Revenue
$83.77M
Net Income
$12.60M
Operating Expense
$66.78M
BAFN Cash Flow (MRY)
CF Operations
$390.53M
CF Investing
-$515.93M
CF Financing
$144.80M
BAFN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,288,297,000 (15.26%) | $1,117,766,000 (19.05%) | $938,895,000 (2.38%) | $917,095,000 (-40.63%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $110,920,000 (10.14%) | $100,707,000 (9.60%) | $91,884,000 (-4.58%) | $96,290,000 (35.49%) |
Property Plant & Equipment Net | $49,063,000 (18.83%) | $41,290,000 (6.92%) | $38,617,000 (19.36%) | $32,354,000 (48.06%) |
Cash & Equivalents | $77,788,000 (33.23%) | $58,385,000 (-11.60%) | $66,046,000 (-39.81%) | $109,727,000 (98.14%) |
Accumulated Other Comprehensive Income | -$2,956,000 (0.84%) | -$2,981,000 (19.95%) | -$3,724,000 (-786.67%) | -$420,000 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,096,622,000 (14.99%) | $953,704,000 (22.92%) | $775,875,000 (27.60%) | $608,059,000 (-57.20%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $44,134,000 (28.32%) | $34,395,000 (2.74%) | $33,479,000 (-6.87%) | $35,947,000 (168.46%) |
Tax Assets | $0 (0%) | $0 (0%) | $980,000 (115.86%) | $454,000 (-88.08%) |
Tax Liabilities | $301,000 (-37.55%) | $482,000 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $22,400,000 (6.89%) | $20,957,000 (-43.93%) | $37,374,000 (-54.63%) | $82,369,000 (-90.80%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,177,377,000 (15.76%) | $1,017,059,000 (20.08%) | $847,011,000 (3.19%) | $820,805,000 (-44.30%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
BAFN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $83,769,000 (10.60%) | $75,741,000 (21.67%) | $62,250,000 (0.40%) | $61,999,000 (-45.73%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $55,219,000 (-1.81%) | $56,238,000 (18.12%) | $47,612,000 (6.00%) | $44,916,000 (-49.08%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $66,782,000 (-1.37%) | $67,707,000 (22.63%) | $55,212,000 (9.81%) | $50,279,000 (-46.04%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $4,315,000 (103.63%) | $2,119,000 (35.83%) | $1,560,000 (-42.03%) | $2,691,000 (-12.49%) |
Net Loss Income from Discontinued Operations | $69,000 (-67.61%) | $213,000 (-96.34%) | $5,827,000 (137.38%) | -$15,589,000 (0%) |
Consolidated Income | $12,603,000 (121.03%) | $5,702,000 (1733.81%) | -$349,000 (-101.42%) | $24,618,000 (93.80%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $12,603,000 (121.03%) | $5,702,000 (1733.81%) | -$349,000 (-101.42%) | $24,618,000 (93.80%) |
Preferred Dividends Income Statement Impact | $1,541,000 (59.69%) | $965,000 (15.99%) | $832,000 (-17.21%) | $1,005,000 (16.45%) |
Net Income Common Stock | $11,062,000 (133.52%) | $4,737,000 (501.10%) | -$1,181,000 (-105.00%) | $23,613,000 (99.43%) |
Weighted Average Shares | $4,132,986 (0.54%) | $4,110,650 (1.80%) | $4,037,895 (1.61%) | $3,974,067 (2.76%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $16,918,000 (116.32%) | $7,821,000 (545.83%) | $1,211,000 (-95.57%) | $27,309,000 (73.08%) |
Gross Profit | $83,769,000 (10.60%) | $75,741,000 (21.67%) | $62,250,000 (0.40%) | $61,999,000 (-45.73%) |
Operating Income | $16,987,000 (111.44%) | $8,034,000 (14.15%) | $7,038,000 (-39.95%) | $11,720,000 (-44.38%) |
BAFN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$515,933,000 (19.55%) | -$641,276,000 (-25.59%) | -$510,605,000 (-345.94%) | $207,617,000 (122.24%) |
Net Cash Flow from Financing | $144,802,000 (-19.02%) | $178,818,000 (570.41%) | $26,673,000 (104.11%) | -$648,657,000 (-165.79%) |
Net Cash Flow from Operations | $390,534,000 (-14.13%) | $454,797,000 (3.30%) | $440,251,000 (-11.13%) | $495,388,000 (559.45%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $19,403,000 (353.27%) | -$7,661,000 (82.46%) | -$43,681,000 (-180.37%) | $54,348,000 (198.45%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$529,379,000 (16.77%) | -$636,008,000 (-26.56%) | -$502,541,000 (-315.93%) | $232,732,000 (125.34%) |
Capital Expenditure | $13,056,000 (272.20%) | -$7,582,000 (5.98%) | -$8,064,000 (38.51%) | -$13,115,000 (-330.42%) |
Issuance (Repayment) of Debt Securities | -$10,455,000 (32.57%) | -$15,505,000 (65.63%) | -$45,109,000 (94.45%) | -$812,063,000 (-193.35%) |
Issuance (Purchase) of Equity Shares | -$23,000 (-107.96%) | $289,000 (-50.17%) | $580,000 (-73.83%) | $2,216,000 (88.44%) |
Payment of Dividends & Other Cash Distributions | -$1,323,000 (-0.76%) | -$1,313,000 (-2.02%) | -$1,287,000 (-21.88%) | -$1,056,000 (-15.41%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $419,000 (-33.60%) | $631,000 (-25.76%) | $850,000 (64.09%) | $518,000 (-16.45%) |
Depreciation Amortization & Accretion | $2,464,000 (9.76%) | $2,245,000 (30.90%) | $1,715,000 (27.70%) | $1,343,000 (-4.82%) |
BAFN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 13.20% (109.52%) | 6.30% (431.58%) | -1.90% (-104.99%) | 38.10% (266.35%) |
EBITDA Margin | 23.10% (73.68%) | 13.30% (182.98%) | 4.70% (-89.83%) | 46.20% (208.00%) |
Return on Average Equity (ROAE) | 10.70% (114.00%) | 5.00% (484.62%) | -1.30% (-104.61%) | 28.20% (46.11%) |
Return on Average Assets (ROAA) | 0.90% (125.00%) | 0.40% (500.00%) | -0.10% (-105.26%) | 1.90% (72.73%) |
Return on Sales (ROS) | 20.20% (96.12%) | 10.30% (442.11%) | 1.90% (-95.68%) | 44.00% (218.84%) |
Return on Invested Capital (ROIC) | 1.40% (75.00%) | 0.80% (700.00%) | 0.10% (-94.12%) | 1.70% (54.55%) |
Dividend Yield | 2.40% (-4.00%) | 2.50% (31.58%) | 1.90% (0%) | 0% |
Price to Earnings Ratio (P/E) | 4.96 (-55.87%) | 11.25 (119.51%) | -57.66 (-1672.27%) | 3.67 |
Price to Sales Ratio (P/S) | 0.66 (-7.34%) | 0.71 (-34.75%) | 1.08 (-25.68%) | 1.46 |
Price to Book Ratio (P/B) | 0.5 (-6.77%) | 0.53 (-27.62%) | 0.73 (-21.81%) | 0.94 |
Debt to Equity Ratio (D/E) | 10.62 (5.11%) | 10.1 (9.56%) | 9.22 (8.14%) | 8.52 (-58.89%) |
Earnings Per Share (EPS) | 2.68 (131.03%) | 1.16 (500.00%) | -0.29 (-104.67%) | 6.21 (80.00%) |
Sales Per Share (SPS) | 20.27 (10.00%) | 18.43 (19.53%) | 15.42 (-1.19%) | 15.6 (-47.19%) |
Free Cash Flow Per Share (FCFPS) | 97.65 (-10.24%) | 108.79 (1.65%) | 107.03 (-11.80%) | 121.36 (523.33%) |
Book Value Per Share (BVPS) | 26.84 (9.55%) | 24.5 (7.66%) | 22.75 (-6.09%) | 24.23 (31.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 311.71 (14.63%) | 271.92 (16.94%) | 232.52 (0.76%) | 230.77 (-42.22%) |
Enterprise Value Over EBIT (EV/EBIT) | 1 (116.67%) | -6 (-110.17%) | 59 (1080.00%) | 5 |
Enterprise Value Over EBITDA (EV/EBITDA) | 0.56 (111.82%) | -4.74 (-119.43%) | 24.38 (392.03%) | 4.95 |
Asset Turnover | 0.07 (-1.45%) | 0.07 (1.47%) | 0.07 (36.00%) | 0.05 (-54.55%) |
Current Ratio | - | - | - | - |
Dividends | $0.32 (0.00%) | $0.32 (0.00%) | $0.32 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $403,590,000 (-9.75%) | $447,215,000 (3.48%) | $432,187,000 (-10.39%) | $482,273,000 (534.99%) |
Enterprise Value (EV) | $10,858,714 (122.78%) | -$47,667,571 (-166.84%) | $71,320,604 (-49.75%) | $141,935,300 |
Earnings Before Tax (EBT) | $16,918,000 (116.32%) | $7,821,000 (545.83%) | $1,211,000 (-95.57%) | $27,309,000 (73.08%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $19,382,000 (92.55%) | $10,066,000 (244.02%) | $2,926,000 (-89.79%) | $28,652,000 (66.69%) |
Invested Capital | $1,232,909,000 (14.12%) | $1,080,338,000 (18.69%) | $910,223,000 (2.30%) | $889,737,000 (-62.68%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,288,297,000 (15.26%) | $1,117,766,000 (19.05%) | $938,895,000 (2.38%) | $917,095,000 (-40.63%) |
Market Capitalization | $54,968,714 (2.51%) | $53,623,429 (-20.57%) | $67,513,604 (-25.39%) | $90,490,300 |
Average Equity | $103,701,000 (10.24%) | $94,069,000 (1.51%) | $92,673,750 (10.75%) | $83,679,500 (36.73%) |
Average Assets | $1,223,864,750 (11.03%) | $1,102,245,750 (19.84%) | $919,772,000 (-25.28%) | $1,230,893,000 (18.59%) |
Invested Capital Average | $1,192,298,500 (15.94%) | $1,028,351,000 (16.50%) | $882,702,750 (-46.08%) | $1,636,969,000 (15.71%) |
Shares | 4,132,986 (0.54%) | 4,110,650 (1.80%) | 4,037,895 (1.61%) | 3,974,067 (2.76%) |
