Exciting Updates from BayFirst Financial Corp for Q3 2024
BayFirst Financial Corp Announces Q3 2024 Conference Details
BayFirst Financial Corp. (NASDAQ: BAFN) has shared some exciting news with its investors. The company is set to announce its financial results for the third quarter of 2024. This significant update comes after market close on a designated Thursday.
Details of the Upcoming Conference Call
Investors eager to learn about BayFirst's financial performance can tune in on the following Friday morning at 9:00 a.m. ET. During this call, management will discuss the results and insights into the company's operations and future. This event is particularly noteworthy as it will also stream live online, ensuring accessibility for all interested parties.
Listening to the Call
For those interested in listening to the live discussion, invitations are extended via the Investor Relations section on BayFirst's website. Investment professionals looking to partake can join by dialing a dedicated phone line. They will be required to use the Conference ID, provided for their convenience. Moreover, for anyone who might miss the live call, a replay will be readily available for a year, allowing them to catch up on the valuable information shared.
Insights into BayFirst Financial Corp.
Founded in the late summer of 2000, BayFirst Financial Corp. has grown into a robust financial institution based in St. Petersburg, Florida. It operates primarily through its wholly-owned subsidiary, BayFirst National Bank, heralding a commitment to serve a diverse range of customers in the Tampa Bay-Sarasota region.
Banking Services Offered
BayFirst National Bank offers a variety of commercial and consumer banking services tailored for both individuals and businesses. Their service suite is designed to meet the evolving needs of clients in the region, from personal banking accounts to complex commercial financing options.
Acknowledgments and Rankings
In a recent highlight, BayFirst was recognized by Forbes as the best bank in Florida for 2024. The company's achievements extend into other areas as well; it ranks impressively as the third-largest SBA 7(a) lender by the number of units originated, and ninth by the dollar volume nationwide as of mid-2024. In the highly competitive Tampa Bay market, it stands out as the number one lender in dollar volume for the SBA 7(a) program in the last fiscal year.
BayFirst's Financial Standing
As of the mid-year mark, BayFirst Financial Corp. reported an impressive $1.22 billion in total assets. This robust financial standing underscores the company’s strength and readiness to navigate the dynamic banking landscape.
Frequently Asked Questions
What is BayFirst Financial Corp's primary business?
BayFirst Financial Corp. primarily operates as a registered bank holding company offering various commercial and consumer banking services through its subsidiary, BayFirst National Bank.
When is the Q3 2024 conference call scheduled?
The conference call to discuss the Q3 2024 results will take place at 9:00 a.m. ET on a Friday following the results announcement.
How can investors access the conference call?
Investors can access the conference call via the Investor Relations tab on BayFirst's website or by dialing into the provided phone line with the Conference ID.
What rankings has BayFirst achieved recently?
BayFirst Financial Corp. has been recognized as the best bank in Florida for 2024 by Forbes and ranks third in SBA 7(a) lending nationwide based on unit origination.
What financial data was reported recently?
As of June 30, 2024, BayFirst Financial Corp. reported $1.22 billion in total assets, indicating its solid financial health in the banking sector.
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