BAFN (BayFirst Financial) Scaled Net Operating Assets: -0.05 (As of Mar. 2026)


BAFN BayFirst Financial Corp BAFN
55 GF Score
Price $4.61
GF Value $5.85
Valuation Modestly Undervalued
! 1 Warning Sign
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What is BayFirst Financial Scaled Net Operating Assets?

BayFirst Financial BAFN +1.77% 55 Scaled Net Operating Assets is -0.05 as of Mar. 2026. GuruFocus rates BAFN with a GF Score™ of 55/100 and a GF Value™ of $5.85 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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. 2026 was $1,032.91 Mil. BayFirst Financial's operating liabilities for the quarter that ended in Mar. 2026 was $1,093.46 Mil. BayFirst Financial's Total Assets for the quarter that ended in Dec. 2025 was $1,300.26 Mil. Therefore, BayFirst Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.05.

BAFN
55GF Score
BayFirst Financial Corp BAFN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1093.276-1191.87)/1288.297
=-0.08

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1300.258 - 206.982
=1093.276

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1212.689 - 20.819 - 0
=1191.87

BayFirst Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1032.914-1093.462)/1300.258
=-0.05

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1195.91 - 162.996
=1032.914

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1114.043 - 20.581 - 0
=1093.462

* 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.

What does a Scaled Net Operating Assets of -0.05 mean?
BayFirst Financial (BAFN) has a Scaled Net Operating Assets of -0.05 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BayFirst Financial and its competitors.
Is BayFirst Financial's Scaled Net Operating Assets too high?
BayFirst Financial's current Scaled Net Operating Assets is -0.05. Overall, BayFirst Financial has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BayFirst Financial's Scaled Net Operating Assets compare to PWBK and FBPA?
BayFirst Financial's Scaled Net Operating Assets of -0.05 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BayFirst Financial and its competitors. BayFirst Financial's current Scaled Net Operating Assets is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayFirst Financial stock overvalued right now?
Based on GuruFocus' analysis, BayFirst Financial (BAFN) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.85, compared to a current price of $4.61 — trading 21.2% below its estimated fair value. The current Scaled Net Operating Assets is -0.05. BayFirst Financial's overall GF Score™ is 55/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For BayFirst Financial (BAFN), the current Scaled Net Operating Assets is -0.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BayFirst Financial (BAFN) Overvalued in 2026?

Based on GuruFocus' analysis, BayFirst Financial stock appears to be undervalued. The current stock price of $4.61 is trading 21.2% below its estimated GF Value™ of $5.85. GuruFocus considers BayFirst Financial to be Modestly Undervalued.

Key valuation signals for BAFN:

  • Scaled Net Operating Assets: -0.05
  • GF Value™: $5.85 vs. price of $4.61 (21.2% below fair value)
  • GF Score™: 55/100 with 1 warning sign

No single metric tells the full story. See the BAFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BayFirst Financial Business Description

Address 700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701
BayFirst Financial Corp is a bank holding company that operates through its wholly owned subsidiary. The Company generates the majority of its revenue from interest on loans and noninterest income. The primary sources of funding for its loans are loan payments, deposits, and borrowings. It is dependent on noninterest income, which is derived from net gain on the sales of the guaranteed portion of government-guaranteed loans and service fee income. The company provides personal banking and business banking services.
55GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.61
Price
$5.85
GF Value