BayFirst Financial Corp.

BayFirst Financial Corp. is a bank holding company that operates through its wholly owned subsidiary, BayFirst National Bank. BayFirst commenced its bank holding company operations on September 1, 2000, by acquiring all shares of the Bank. The company's primary income source is from the Bank, which serves consumers and small businesses in the Tampa Bay/Sarasota region. As of December 31, 2025, BayFirst had consolidated total assets of $1.29 billion, total loans held for investment of $958.0 million, total deposits of $1.18 billion, and total shareholders' equity of $81.6 million. Its corporate office is located at 700 Central Avenue, St. Petersburg, Florida 33701. BayFirst National Bank commenced operations on February 12, 1999, as a Florida state-chartered commercial bank, converting to a national banking association in 2022. The Bank operates from its main office and eleven additional banking centers in the Tampa Bay/Sarasota area, with its main office at the BayFirst Executive Center. The Bank does not engage in foreign business activities. The Bank's community banking services target consumers, small and medium-sized businesses, and professionals primarily in Pinellas, Hillsborough, Sarasota, Manatee, and Pasco Counties. It offers specialized business and personal checking accounts, internet banking and online bill payment, lock box services, remote capture and deposit, cash management, wire transfers, safety deposit boxes, courier services, retail investment services, and ACH originations. In the third quarter of 2025, the Bank discontinued its SBA 7(a) lending division but continues to provide USDA loans and SBA 404 loans through its community banking centers.