Business Context and Reporting Period
This Form 8-K Current Report was filed by Bayfirst Financial Corp. on August 26, 2026. The registrant is a Florida corporation with its principal executive offices in St. Petersburg, Florida. The company's common stock trades on The Nasdaq Stock Market LLC under the symbol BAFN. The report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance changes rather than financial performance data.
Material Changes
The primary material change reported is the departure of a key executive and director:
- Resignation: Anthony Leo resigned from the Boards of Directors of Bayfirst Financial Corp. and its wholly-owned subsidiary, Bayfirst National Bank.
- Effective Date: The resignation became effective on August 26, 2026.
- Background: Mr. Leo was a prior Chief Executive Officer of both the Company and the Bank.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, outlook, management commentary on financial performance, or specific risk factors beyond the standard legal disclaimers regarding the non-filing status of the report for Section 18 liability purposes.
Investor Verification Checklist
- Verify the current composition of the Board of Directors following Mr. Leo's resignation.
- Confirm whether a successor CEO or interim leadership has been appointed for the Company and the Bank.
- Review subsequent filings for any impact on the company's strategic direction or operational stability.