Interest Expense in USD of BayFirst Financial Corp. 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 change rate from Q3 2020 to Q1 2024.
  • BayFirst Financial Corp. Interest Expense for the quarter ending 31 Mar 2024 was $10.4M, a 101% increase year-over-year.
  • BayFirst Financial Corp. Interest Expense for the twelve months ending 31 Mar 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 Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

BayFirst Financial Corp. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $37.3M $10.4M +$5.25M +101% 01 Jan 2024 31 Mar 2024 10-Q 13 May 2024
Q4 2023 $32.1M $9.98M +$6.03M +153% 01 Oct 2023 31 Dec 2023 10-K 28 Mar 2024
Q3 2023 $26.1M $9.23M +$7.11M +336% 01 Jul 2023 30 Sep 2023 10-Q 13 Nov 2023
Q2 2023 $18.9M $7.68M +$6.51M +556% 01 Apr 2023 30 Jun 2023 10-Q 11 Aug 2023
Q1 2023 $12.4M $5.2M +$3.86M +290% 01 Jan 2023 31 Mar 2023 10-Q 13 May 2024
Q4 2022 $8.57M $3.95M +$2.53M +179% 01 Oct 2022 31 Dec 2022 10-K 28 Mar 2024
Q3 2022 $6.04M $2.11M +$585K +38.3% 01 Jul 2022 30 Sep 2022 10-Q 13 Nov 2023
Q2 2022 $5.45M $1.17M -$921K -44% 01 Apr 2022 30 Jun 2022 10-Q 11 Aug 2023
Q1 2022 $6.37M $1.33M -$928K -41% 01 Jan 2022 31 Mar 2022 10-Q 15 May 2023
Q4 2021 $7.3M $1.42M 01 Oct 2021 31 Dec 2021 10-K 28 Mar 2023
Q3 2021 $1.53M -$1.01M -39.8% 01 Jul 2021 30 Sep 2021 10-Q 10 Nov 2022
Q2 2021 $2.09M 01 Apr 2021 30 Jun 2021 10-Q 12 Aug 2022
Q1 2021 $2.26M 01 Jan 2021 31 Mar 2021 10-Q 13 May 2022
Q3 2020 $2.54M 01 Jul 2020 30 Sep 2020 10-Q 16 Dec 2021

BayFirst Financial Corp. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $32.1M +$23.5M +275% 01 Jan 2023 31 Dec 2023 10-K 28 Mar 2024
2022 $8.57M +$1.27M +17.3% 01 Jan 2022 31 Dec 2022 10-K 28 Mar 2024
2021 $7.3M -$2.98M -29% 01 Jan 2021 31 Dec 2021 10-K 28 Mar 2023
2020 $10.3M 01 Jan 2020 31 Dec 2020 10-K 31 Mar 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.