{"id":487491,"date":"2021-05-05T07:03:16","date_gmt":"2021-05-05T11:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bayfirst-financial-corp-declares-32-common-stock-split-and-increases-quarterly-cash-dividend\/"},"modified":"2021-05-05T07:03:16","modified_gmt":"2021-05-05T11:03:16","slug":"bayfirst-financial-corp-declares-32-common-stock-split-and-increases-quarterly-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bayfirst-financial-corp-declares-32-common-stock-split-and-increases-quarterly-cash-dividend\/","title":{"rendered":"BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend<\/b><\/p>\n<p>ST. PETERSBURG, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe board of directors of BayFirst Financial Corp. (f\/k\/a First Home Bancorp, Inc.) (OTCQX: FHBI) (\u201cBayFirst\u201d or the \u201cCompany\u201d), parent company of First Home Bank, announced today that it has declared a 3:2 common stock split effective May 10, 2021. Pursuant to the split, common shareholders of record as of May 10, 2021 will receive three common shares of the Company\u2019s common stock for every two shares owned as of the record date.\n<\/p>\n<p>\nThe Company\u2019s board of directors also declared a second quarter cash dividend of 7 cents per common share, payable on June 15, 2021 to shareholders of record as of May 15, 2021. The cash dividend represents a 5% increase in the cash dividend paid to common shareholders over the previous quarter and the 20 consecutive quarters in which BayFirst has paid a cash dividend.\n<\/p>\n<p><b>About BayFirst<\/b><\/p>\n<p>\nBayFirst Financial Corp. (f\/k\/a First Home Bancorp, Inc.) is a registered bank holding company which commenced operations on September 1, 2000. Its primary source of income is from its wholly owned subsidiary, First Home Bank, which commenced business operations on February 12, 1999. First Home Bank is a Federal Reserve member and a state-chartered banking institution. The Bank operates six full-service office locations, 29 mortgage loan production offices, and is a top nation-wide SBA lender.\n<\/p>\n<p>\nBayFirst Financial Corp., through the bank, offers a broad range of commercial and consumer banking services including various types of deposit accounts and loans for businesses and individuals. As of March 31, 2021, Bay First Financial Corp. had $1.7 billion in total assets, of which $967 million consisted of loans made under the Payroll Protection Program.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210505005017r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210505005017\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210505005017\/en\/<\/a><\/span><\/p>\n<p>\nAnthony N. Leo<br \/>\n<br \/>Chief Executive Officer<br \/>\n<br \/>727.399.5678\n<\/p>\n<p>\nJeffrey M. Hunt<br \/>\n<br \/>Chief Strategy Officer<br \/>\n<br \/>727.399.5687\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210505005017\/en\/875236\/3\/Unknown.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend ST. PETERSBURG, Fla.&#8211;(BUSINESS WIRE)&#8211; The board of directors of BayFirst Financial Corp. (f\/k\/a First Home Bancorp, Inc.) (OTCQX: FHBI) (\u201cBayFirst\u201d or the \u201cCompany\u201d), parent company of First Home Bank, announced today that it has declared a 3:2 common stock split effective May 10, 2021. Pursuant to the split, common shareholders of record as of May 10, 2021 will receive three common shares of the Company\u2019s common stock for every two shares owned as of the record date. The Company\u2019s board of directors also declared a second quarter cash dividend of 7 cents per common share, payable on June 15, 2021 to shareholders of record as of May &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bayfirst-financial-corp-declares-32-common-stock-split-and-increases-quarterly-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-487491","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bayfirst-financial-corp-declares-32-common-stock-split-and-increases-quarterly-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BayFirst Financial Corp. Declares 3:2 Common Stock Split and Increases Quarterly Cash Dividend ST. PETERSBURG, Fla.&#8211;(BUSINESS WIRE)&#8211; The board of directors of BayFirst Financial Corp. (f\/k\/a First Home Bancorp, Inc.) (OTCQX: FHBI) (\u201cBayFirst\u201d or the \u201cCompany\u201d), parent company of First Home Bank, announced today that it has declared a 3:2 common stock split effective May 10, 2021. Pursuant to the split, common shareholders of record as of May 10, 2021 will receive three common shares of the Company\u2019s common stock for every two shares owned as of the record date. The Company\u2019s board of directors also declared a second quarter cash dividend of 7 cents per common share, payable on June 15, 2021 to shareholders of record as of May &hellip; Continue reading &quot;BayFirst Financial Corp. 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