BayFirst Financial Corp. Annual Interest Expense in USD from 2020 to 2023

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 2020 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $32.1M +$23.5M +275% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-28
2022 $8.57M +$1.27M +17.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-28
2021 $7.3M -$2.98M -29% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-28
2020 $10.3M Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.