BayFirst Financial Corp. BAFN

Company Overview

BayFirst Financial Corp. is a bank holding company headquartered in St. Petersburg, Florida, operating primarily through its wholly owned subsidiary, BayFirst National Bank. The company operates in the U.S. banking and financial services industry, with a focus on community banking, commercial lending, and government-guaranteed small business lending. Its primary revenue drivers include interest income from commercial and consumer loans, residential and commercial real estate lending, Small Business Administration (SBA) lending activity, and related banking services such as deposits and treasury management.

A distinguishing feature of BayFirst Financial is its national SBA lending platform, operated through CreditBench, which has been a significant contributor to loan production and fee income. The company serves small and medium-sized businesses, professionals, and retail banking customers, primarily in Florida while maintaining nationwide SBA lending capabilities. BayFirst Financial traces its origins to the establishment of First Home Bank in 1999. The organization later expanded its commercial banking and SBA operations, rebranding the bank as BayFirst National Bank after receiving a national bank charter. The company subsequently adopted the BayFirst Financial Corp. name as the parent holding company structure evolved.