Critical Survey: BayFirst Financial (BAFN) and The Competition

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

Analyst Ratings

This is a summary of current ratings and price targets for BayFirst Financial and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BayFirst Financial	1	0	0	0	1.00
BayFirst Financial Competitors	7492	30250	27848	1488	2.35

As a group, “Banks” companies have a potential upside of 14.27%. Given BayFirst Financial’s rivals stronger consensus rating and higher probable upside, analysts plainly believe BayFirst Financial has less favorable growth aspects than its rivals.

Institutional & 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 insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
BayFirst Financial	-62.42%	-76.76%	-3.46%
BayFirst Financial Competitors	15.63%	9.41%	0.93%

Valuation & Earnings

This table compares BayFirst Financial and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
BayFirst Financial	$104.19 million	-$22.94 million	-0.59
BayFirst Financial Competitors	$13.78 billion	$2.42 billion	21.36

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

Risk & Volatility

BayFirst Financial has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. Comparatively, BayFirst Financial’s rivals have a beta of 0.61, meaning that their average stock price is 39% less volatile than the S&P 500.

Summary

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

BayFirst Financial Company Profile

BayFirst Financial Corp. is a bank holding company headquartered in St. Petersburg, Florida. Its primary subsidiary, BayFirst National Bank, provides banking and financial services to individuals, families, small businesses and commercial customers. The bank offers deposit accounts, commercial and consumer lending, residential mortgage loans, business banking services and other related financial products. Its lending activities also include Small Business Administration financing and mortgage lending through specialized banking and lending teams.