BayFirst Financial Corp. Quarterly Interest Expense in USD from Q3 2020 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
BayFirst Financial Corp. quarterly/annual Interest Expense history and growth rate from Q3 2020 to Q1 2024.
  • BayFirst Financial Corp. Interest Expense for the quarter ending March 31, 2024 was $10.4M, a 101% increase year-over-year.
  • BayFirst Financial Corp. Interest Expense for the twelve months ending March 31, 2024 was $37.3M, a 200% increase year-over-year.
  • BayFirst Financial Corp. annual Interest Expense for 2023 was $32.1M, a 275% increase from 2022.
  • BayFirst Financial Corp. annual Interest Expense for 2022 was $8.57M, a 17.3% increase from 2021.
  • BayFirst Financial Corp. annual Interest Expense for 2021 was $7.3M, a 29% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $37.3M $10.4M +$5.25M +101% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-13
Q4 2023 $32.1M $9.98M +$6.03M +153% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-28
Q3 2023 $26.1M $9.23M +$7.11M +336% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-13
Q2 2023 $18.9M $7.68M +$6.51M +556% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-11
Q1 2023 $12.4M $5.2M +$3.86M +290% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-13
Q4 2022 $8.57M $3.95M +$2.53M +179% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-28
Q3 2022 $6.04M $2.11M +$585K +38.3% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-13
Q2 2022 $5.45M $1.17M -$921K -44% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-11
Q1 2022 $6.37M $1.33M -$928K -41% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $7.3M $1.42M Oct 1, 2021 Dec 31, 2021 10-K 2023-03-28
Q3 2021 $1.53M -$1.01M -39.8% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $2.09M Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-12
Q1 2021 $2.26M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-13
Q3 2020 $2.54M Jul 1, 2020 Sep 30, 2020 10-Q 2021-12-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.