BayFirst Financial Corp. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 8.57 million compared to USD 5.75 million a year ago. Net income was USD 1.32 million compared to USD 2.81 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to USD 0.16 a year ago. Basic earnings per share was USD 0.28 compared to USD 0.66 a year ago. Diluted earnings per share was USD 0.27 compared to USD 0.61 a year ago.
For the full year, net interest income was USD 30 million compared to USD 36.53 million a year ago. Net loss was USD 0.349 million compared to net income of USD 24.62 million a year ago. Basic earnings per share from continuing operations was USD 1.16 compared to USD 2.11 a year ago. Diluted earnings per share from continuing operations was USD 1.13 compared to USD 2.02 a year ago. Basic loss per share was USD 0.29 compared to basic earnings per share of USD 6.21 a year ago. Diluted loss per share was USD 0.21 compared to diluted earnings per share of USD 5.74 a year ago.