BayFirst Financial Corp: A Heartfelt Look at Our Strong Second Quarter 2022 Results
ST. PETERSBURG, Fla., July 27, 2022 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN)
Our Success Story
At BayFirst Financial Corp, we are thrilled to announce our exceptional second quarter results for 2022. The hard work and dedication of our team have truly paid off, with earnings reaching $328 thousand, or $0.03 per diluted common share. This is a significant improvement from the previous quarter, where earnings were at $13 thousand, or $(0.05) per diluted share.
We are especially proud of our strong performance in SBA 7(a) and Conventional Loan Production, which have been key factors in driving our success this quarter. Our commitment to providing innovative financial solutions to our clients has been unwavering, and we are delighted to see the positive impact it has had on our financial results.
As the parent company of BayFirst National Bank (formerly known as First Home Bank), we are dedicated to serving our customers with integrity and excellence. Our focus on customer satisfaction and building long-lasting relationships has been instrumental in our growth and success.
We are grateful to our loyal customers, dedicated employees, and supportive shareholders for their continued trust and confidence in BayFirst Financial Corp. We look forward to building on this momentum and achieving even greater success in the future.
How This Will Affect You
As a customer of BayFirst Financial Corp or BayFirst National Bank, you can expect continued excellence in customer service and innovative financial solutions. Our strong second quarter results reflect our commitment to providing you with the best possible banking experience.
How This Will Affect the World
BayFirst Financial Corp’s success is a testament to the resilience and strength of the financial industry. Our positive results are not only beneficial for our customers and shareholders but also contribute to the overall stability and growth of the global economy.
Conclusion
At BayFirst Financial Corp, we are proud of our strong second quarter 2022 results and grateful for the support of our customers, employees, and shareholders. We remain committed to delivering exceptional financial services and building a brighter future for all.