BayFirst Reports Q1 2026 Earnings with Net Loss and Capital Raise
BayFirst (BAFN) reported a net loss of $5.7 million in Q1 2026, a widening from the previous quarter's $2.8 million loss. The company secured $80 million in new capital through a PIPE, but faced declines in its loan portfolio and deposits. The net interest margin also fell to 3.42%.
Tickers: $BAFN
Topics: capital raise deposits earnings report liquidity loan portfolio net interest margin net loss