Comparing BayFirst Financial (BAFN) and Its Rivals

BayFirst Financial (NASDAQ:BAFN) is one of 919 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare BayFirst Financial to similar companies based on the strength of its risk, valuation, earnings, institutional ownership, profitability, analyst recommendations and dividends.

Institutional and Insider Ownership

16.9% of BayFirst Financial shares are held by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are held by institutional investors. 56.6% of BayFirst Financial shares are held by company insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for BayFirst Financial and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BayFirst Financial	1	0	0	0	1.00
BayFirst Financial Competitors	7503	30277	27877	1492	2.35

As a group, “Banks” companies have a potential upside of 14.42%. Given BayFirst Financial’s competitors stronger consensus rating and higher probable upside, analysts clearly believe BayFirst Financial has less favorable growth aspects than its competitors.

Profitability

This table compares BayFirst Financial and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BayFirst Financial	-62.42%	-63.99%	-3.50%
BayFirst Financial Competitors	15.66%	9.47%	0.93%

Earnings & Valuation

This table compares BayFirst Financial and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BayFirst Financial	$104.19 million	-$22.94 million	-0.60
BayFirst Financial Competitors	$18.18 billion	$2.42 billion	21.02

BayFirst Financial’s competitors have higher revenue and earnings than BayFirst Financial. BayFirst Financial is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

BayFirst Financial has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500. Comparatively, BayFirst Financial’s competitors have a beta of 0.62, suggesting that their average share price is 38% less volatile than the S&P 500.

Summary

BayFirst Financial competitors beat BayFirst Financial on 12 of the 13 factors compared.

About BayFirst Financial

BayFirst Financial Corp. is a bank holding company for BayFirst National Bank, a community bank headquartered in St. Petersburg, Florida. The bank serves individuals, businesses and organizations through personal and commercial banking services, including deposit accounts, loans and digital banking. BayFirst also provides small-business financing, including loans through the U.S. Small Business Administration (SBA) programs, as well as mortgage lending. Its community banking operations are concentrated in Florida’s Tampa Bay region, while its SBA lending reaches businesses in a broader range of markets.