BayFirst Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 10.11 million compared to USD 6.59 million a year ago. Net income was USD 1.39 million compared to net loss of USD 0.282 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 0.05 a year ago. Basic earnings per share was USD 0.29 compared to basic loss per share of USD 0.12 a year ago. Diluted earnings per share was USD 0.29 compared to diluted loss per share of USD 0.12 a year ago.
For the six months, net interest income was USD 19.16 million compared to USD 12.26 million a year ago. Net income was USD 2.12 million compared to net loss of USD 0.269 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to diluted loss per share from continuing operations of USD 0.03 a year ago. Basic earnings per share was USD 0.42 compared to basic loss per share of USD 0.17 a year ago. Diluted earnings per share was USD 0.42 compared to diluted loss per share of USD 0.17 a year ago.