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BayFirst Financial (BayFirst Financial) 3-Year Dividend Growth Rate : 6.20% (As of Mar. 2024)


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What is BayFirst Financial 3-Year Dividend Growth Rate?

BayFirst Financial's Dividends per Share for the three months ended in Mar. 2024 was $0.08.

The historical rank and industry rank for BayFirst Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

BAFN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.1   Med: 6.2   Max: 88.3
Current: 6.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BayFirst Financial was 88.30% per year. The lowest was 3.10% per year. And the median was 6.20% per year.

BAFN's 3-Year Dividend Growth Rate is ranked worse than
54.75% of 769 companies
in the Banks industry
Industry Median: 7.7 vs BAFN: 6.20

During the past 3 years, the average Dividends Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

BayFirst Financial's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.67. As of today, BayFirst Financial's Dividend Yield % is 2.60%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of BayFirst Financial's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, BayFirst Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BayFirst Financial's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BayFirst Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BayFirst Financial's 3-Year Dividend Growth Rate falls into.



BayFirst Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BayFirst Financial  (NAS:BAFN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BayFirst Financial's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.08/ 0.12
=0.67

During the past 13 years, the highest Dividend Payout Ratio of BayFirst Financial was 0.28. The lowest was 0.03. And the median was 0.17.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

BayFirst Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0800002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0800002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0800002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0800002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BayFirst Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.32/12.31
=2.60 %

Current Share Price is $12.31.
BayFirst Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.32.

During the past 13 years, the highest Dividend Yield of BayFirst Financial was 4.35%. The lowest was 0.83%. And the median was 1.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BayFirst Financial 3-Year Dividend Growth Rate Related Terms>


BayFirst Financial (BayFirst Financial) Business Description

Traded in Other Exchanges
N/A
Address
700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701
BayFirst Financial Corp is a one-bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.
Executives
Scott Joseph Mckim officer: EVP, Chief Financial Officer 700 CENTRAL AVE, ST PETERSBURG FL 33701
Thomas Gerard Zernick officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Anthony N Leo director, officer: Chief Executive Officer 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Rhonda S Tudor officer: SVP, Chief Accounting Officer 1032 STONEY CREEK LN., MOUNT PLEASANT MI 48858
Anthony Saravanos director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Sheryl Wudunn director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Tarek Helal director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Harold Jack Winner director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Derek Steven Berset director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Bradly William Spoor director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Matthew Mann Luckey officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Brandi Nicole Jaber officer: Executive Vice President 700 CENTRAL AVE, ST PETERSBURG FL 33701
Christos Politis director 700 CENTRAL AVE, ST PETERSBURG FL 33701
Robin Leigh Oliver officer: Chief Financial Officer 700 CENTRAL AVE, ST PETERSBURG FL 33701
Alexander Octavius Harris director 700 CENTRAL AVE, ST PETERSBURG FL 33701

BayFirst Financial (BayFirst Financial) Headlines

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