BAFN Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

Net loss was $0.7 million, or $0.04 per common share and diluted common share, for the third quarter of 2026, compared to a net loss of $32.7 million, or $8.05 per common share and diluted common share, in the second quarter of 2026.
Net interest margin was 4.07% in the third quarter of 2026, an increase of 59 basis points from 3.48% in the second quarter of 2026.
Net interest income was $10.6 million in the third quarter of 2026, an increase from $9.4 million in the second quarter of 2026.
Noninterest income was $1.1 million for the third quarter of 2026, compared to negative income of $6.8 million in the second quarter of 2026.
Tangible book value per common share (non-GAAP) was $3.64 as of September 30, 2026, compared to $4.82 as of June 30, 2026.

Financial data for prior periods are presented as restated in the release.

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.