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BayFirst Financial (BayFirst Financial) Scaled Net Operating Assets : 0.02 (As of Mar. 2024)


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What is BayFirst Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BayFirst Financial's operating assets for the quarter that ended in Mar. 2024 was $1,041.18 Mil. BayFirst Financial's operating liabilities for the quarter that ended in Mar. 2024 was $1,017.67 Mil. BayFirst Financial's Total Assets for the quarter that ended in Dec. 2023 was $1,117.77 Mil. Therefore, BayFirst Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.02.

BayFirst Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BayFirst Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1054.735-996.102)/938.895
=0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1117.766 - 63.031
=1054.735

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1017.059 - 20.957 - 0
=996.102

BayFirst Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1041.175-1017.666)/1117.766
=0.02

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1144.194 - 103.019
=1041.175

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1043.565 - 25.899 - 0
=1017.666

* 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 Scaled Net Operating Assets Related Terms

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BayFirst Financial (BayFirst Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BayFirst Financial Corp (NAS:BAFN) » Definitions » Scaled Net Operating Assets
Comparable Companies
CLST WAYN FMBM UWHR TCBC PPLL MSWV CTUY BSFO IROQ NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701
Website
https://www.bayfirstfinancial.com
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