BayFirst Financial Corp. is a bank holding company that operates through BayFirst National Bank, a Florida-based community bank serving consumers, small and medium-sized businesses, and professionals across the Tampa Bay and Sarasota regions. The bank generates revenue primarily through lending activities spanning commercial real estate, construction, working capital, and consumer loans, as well as deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit, supplemented by service fees from treasury management, cash management, merchant processing, and other transaction-based services. BayFirst competes with larger regional and national banks, credit unions, and financial technology firms by leveraging its independent status to provide personalized service, locally-based lending decisions, and deep understanding of local market needs.