Estados financieros detallados de BayFirst Financial Corp. (BAFN): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
BayFirst Financial Corp. registró ingresos de $104.2M en el último ejercicio fiscal, con un CAGR de 5 años del -4.9%.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $20.6M | $35.1M | $48.1M | $74.9M | $134.1M | $63.3M | $66.4M | $110.8M | $125.2M | $104.2M |
| Coste de Ventas | $3.9M | $7.0M | $5.7M | $17.1M | $27.2M | $3.8M | $7.9M | $42.5M | $59.5M | $64.6M |
| Beneficio Bruto | $16.7M | $28.1M | $42.4M | $57.8M | $106.9M | $59.5M | $58.5M | $68.3M | $65.7M | $39.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | 0 | 0 | $37.9M | $43.7M | $80.7M | $32.5M | $34.7M | $42.2M | $39.7M | $35.4M |
| Gastos Operativos | $9.9M | $22.5M | $44.1M | $51.5M | $91.1M | $47.8M | $51.5M | $60.3M | $48.7M | $70.4M |
| Beneficio Operativo | $6.8M | $5.6M | -$1.7M | $6.3M | $15.8M | $11.7M | $7.0M | $8.0M | $17.0M | -$30.8M |
| EBITDA | $6.8M | $5.6M | $1.8M | $11.4M | $20.8M | $16.0M | $12.0M | $14.8M | $25.7M | -$21.7M |
| Gastos por Intereses | $710000 | $2.1M | $4.4M | $8.3M | $10.3M | $7.3M | $8.6M | $32.1M | $44.8M | $40.0M |
| Beneficio Antes de Impuestos | $6.8M | $5.6M | -$1.7M | $6.3M | $15.8M | $11.7M | $7.0M | $8.0M | $17.0M | -$30.8M |
| Impuestos | $2.6M | $2.3M | -$464843 | $1.8M | $3.1M | $2.7M | $1.6M | $2.1M | $4.3M | -$7.9M |
| Beneficio Neto | $4.2M | $3.3M | -$1.2M | $4.5M | $12.7M | $24.6M | -$349000 | $5.7M | $12.6M | -$22.9M |
| BPA | $2.41 | $1.51 | $-0.43 | $1.27 | $3.45 | $6.21 | $-0.29 | $1.16 | $2.68 | $-5.93 |
| BPA Diluido | $2.41 | $1.51 | $-0.43 | $1.27 | $3.01 | $5.91 | $-0.29 | $1.12 | $2.41 | $-5.91 |
| Acciones en Circulación (Diluidas) | $1.8M | $2.2M | $2.8M | $3.2M | $4.0M | $4.1M | $4.1M | $4.2M | $4.6M | $4.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $17.3M | $20.8M | $17.4M | $9.6M |
| Beneficio Bruto | -$4.0M | $9.0M | $9.4M | -$26.4M |
| Beneficio Operativo | -$25.9M | -$2.8M | -$8.5M | -$44.0M |
| EBITDA | -$23.7M | -$723000 | -$7.6M | -$44.0M |
| Beneficio Neto | -$18.9M | -$2.5M | -$5.7M | -$32.7M |
| BPA | $-4.67 | $-0.69 | $-1.48 | $-8.07 |
| BPA Diluido | $-4.66 | $-0.69 | $-1.48 | $-8.07 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | 0 | 0 | $32.5M | $113.0M | $57.8M | $112.1M | $70.9M | $63.0M | $80.1M | $207.0M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | $30.9M | $42.3M | $39.6M | $8.9M | 0 |
| Cuentas por Cobrar | 0 | 0 | $1.7M | $2.1M | $7.3M | $3.5M | $4.5M | $7.1M | $9.2M | $8.4M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | 0 | 0 | $34.3M | $115.1M | $65.1M | $146.5M | $117.7M | $109.7M | $98.1M | $215.4M |
| Inmovilizado Material | 0 | 0 | $10.6M | $19.3M | $21.9M | $32.9M | $38.6M | $41.3M | $49.1M | $45.7M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | $8.2M | $11.3M | $8.2M | $6.4M | $10.9M | $15.0M | $16.5M | $12.6M |
| Activos Totales | $151.9M | $260.6M | $365.0M | $531.2M | $1.54B | $917.1M | $938.9M | $1.12B | $1.29B | $1.30B |
| Cuentas por Pagar | 0 | 0 | $147426 | $220172 | $2.0M | $326000 | $704000 | $882000 | $1.0M | $1.1M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | 0 | 0 | $313.0M | $455.4M | $578.7M | $731.0M | $808.0M | $986.0M | $1.14B | $1.19B |
| Deuda a Largo | 0 | 0 | $14.2M | $21.5M | $9.7M | $9.3M | $33.8M | $18.3M | $7.9M | $7.6M |
| Pasivos Totales | 0 | 0 | $327.2M | $479.9M | $1.47B | $820.8M | $847.0M | $1.02B | $1.18B | $1.21B |
| Reservas | 0 | 0 | -$708818 | $2.5M | $13.4M | $35.9M | $33.5M | $34.4M | $44.1M | $19.8M |
| Patrimonio Neto | $16.4M | $32.1M | $37.8M | $51.3M | $71.1M | $96.3M | $91.9M | $100.7M | $110.9M | $87.6M |
| Deuda Total | 0 | 0 | $14.2M | $24.5M | $13.6M | $12.7M | $37.4M | $21.0M | $22.4M | $20.8M |
| Deuda Neta | 0 | 0 | -$18.3M | -$88.5M | -$44.1M | -$130.3M | -$75.9M | -$81.6M | -$66.5M | -$186.2M |
| Capital Circulante | 0 | 0 | -$278.7M | -$340.4M | -$513.7M | -$584.4M | -$690.3M | -$876.3M | -$1.05B | -$969.7M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $119.8M | $207.0M | $6.8M | $139.2M |
| Activos Totales | $1.35B | $1.30B | $1.20B | $1.13B |
| Pasivos Totales | $1.26B | $1.21B | $1.11B | $1.02B |
| Patrimonio Neto | $89.7M | $87.6M | $81.9M | $115.9M |
| Deuda Total | $71.1M | $20.8M | $20.6M | $18.7M |
Flujo de Caja (10 años)
| Año | 2013 | 2014 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$130095 | $620745 | -$1.2M | $4.5M | $12.7M | $9.0M | $5.5M | $5.9M | $12.7M | -$22.9M |
| Amortizaciones | $113638 | $120760 | $3.5M | $5.1M | $5.1M | $4.3M | $5.0M | $6.8M | $8.7M | $9.1M |
| Compensación en Acciones | 0 | 0 | $238432 | $386132 | $416000 | $518000 | $850000 | $631000 | $419000 | $116000 |
| Cambio en Capital Circulante | $110497 | -$2.4M | $188023 | $2.1M | -$4.3M | -$2.6M | $1.0M | -$6.9M | $3.9M | -$5.4M |
| Flujo de Caja Operativo | $257680 | -$1.9M | $7.3M | -$38.5M | -$107.8M | $495.4M | $440.3M | $454.8M | $390.5M | $285.3M |
| Inversiones (CapEx) | -$21981 | -$1.8M | -$4.8M | -$7.3M | -$3.0M | -$13.1M | -$8.1M | -$7.6M | -$1.7M | -$300000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | -$49000 | -$13000 | -$23000 | -$285000 |
| Dividendos Pagados | 0 | 0 | -$721154 | -$1.3M | -$1.8M | -$2.1M | -$2.1M | -$2.3M | -$2.9M | -$1.4M |
| Flujo de Caja Libre | $235699 | -$3.8M | $2.6M | -$45.8M | -$110.9M | $482.3M | $432.2M | $447.2M | $388.8M | $285.0M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $47.3M | $100.5M | -$3.2M | $3.2M |
| Inversiones (CapEx) | -$10000 | -$24000 | -$7000 | $7000 |
| Flujo de Caja Libre | $47.3M | $100.5M | -$3.2M | $3.2M |
| Dividendos Pagados | 0 | 0 | 0 | -$1.5M |
| Compensación en Acciones | $100000 | -$40000 | $54000 | -$54000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +70.9% | +36.9% | +55.7% | +78.9% | -52.8% | +4.8% | +66.9% | +13.0% | -16.8% |
| Crecimiento Beneficio Neto (anual) | | -21.1% | -136.1% | +472.0% | +183.3% | +93.8% | -101.4% | +1733.8% | +121.0% | -282.0% |
| Crecimiento BPA (anual) | | -37.3% | -128.5% | +395.3% | +171.7% | +80.0% | -104.7% | +500.0% | +131.0% | -321.3% |
| Cambio en Acciones (anual) | | +25.8% | +28.7% | +11.7% | +26.1% | +2.8% | -1.0% | +3.9% | +8.5% | -9.8% |
| Crecimiento FCF (anual) | | -1691.5% | +168.2% | -1892.9% | -141.9% | +535.0% | -10.4% | +3.5% | -13.1% | -26.7% |
| Margen Bruto | 81.1% | 80.1% | 88.1% | 77.1% | 79.7% | 94.0% | 88.2% | 61.6% | 52.5% | 38.0% |
| Margen Operativo | 33.0% | 16.0% | -3.5% | 8.4% | 11.8% | 18.5% | 10.6% | 7.2% | 13.6% | -29.6% |
| Margen EBITDA | 33.0% | 16.0% | 3.8% | 15.2% | 15.5% | 25.3% | 18.1% | 13.3% | 20.5% | -20.8% |
| Margen Neto | 20.6% | 9.5% | -2.5% | 6.0% | 9.5% | 38.9% | -0.5% | 5.1% | 10.1% | -22.0% |
| Margen FCF | 1.1% | -10.7% | 5.3% | -61.2% | -82.7% | 761.3% | 650.8% | 403.5% | 310.5% | 273.5% |
| Tasa Impositiva Efectiva | 37.7% | 40.5% | 27.8% | 28.8% | 19.5% | 23.0% | 22.2% | 26.4% | 25.4% | 25.6% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.13 | $-1.70 | $0.90 | $-14.45 | $-27.71 | $117.23 | $106.13 | $105.74 | $84.74 | $68.82 |
| Dividendo por Acción | $0.00 | $0.00 | $0.25 | $0.41 | $0.44 | $0.50 | $0.52 | $0.54 | $0.62 | $0.35 |
| Acciones en Circulación (Básicas) | $1.8M | $2.2M | $2.8M | $3.2M | $3.4M | $3.8M | $4.1M | $4.1M | $4.1M | $4.1M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Salud financiera
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.86 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 7.10 | 11.32 | -39.77 | 12.60 | 4.01 | 3.67 | -57.66 | 11.25 | 4.96 | -1.32 |
| P/VC | 1.83 | 1.17 | 1.29 | 0.99 | 0.67 | 0.90 | 0.74 | 0.53 | 0.50 | 0.37 |
| P/V | 1.46 | 1.07 | 1.01 | 0.68 | 0.35 | 1.37 | 1.03 | 0.48 | 0.44 | 0.31 |
| Margen Bruto | 81.1% | 80.1% | 88.1% | 77.1% | 79.7% | 94.0% | 88.2% | 61.6% | 52.5% | 38.0% |
| Margen Operativo | 33.0% | 16.0% | -3.5% | 8.4% | 11.8% | 18.5% | 10.6% | 7.2% | 13.6% | -29.6% |
| Margen Neto | 20.6% | 9.5% | -2.5% | 6.0% | 9.5% | 38.9% | -0.5% | 5.1% | 10.1% | -22.0% |