Item 8.01. Other Events
OnJanuary 27, 2022 ,Bayfirst Fiancial Corp. issued a press release announcing that its Board of Directors increased its quarterly cash dividend by 14% to$0.08 per common share. The dividend will be payableMarch 15, 2022 to common shareholders of record as ofMarch 1, 2022 . This dividend marks the 23rd consecutive quarterly cash dividend paid since BayFirst initiated cash dividends in 2016, and represents a 240% increase over the 23-quarter period. A copy of this press release is included as Exhibit 99.1 to this report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit Number Exhibit Name Filed Herewith Bayfirst Financial Corp. Press Release dated January 27, 99.1 2022 * Cover Page Interactive Data File (embedded within the 104 Inline XBRL document) *
The information in this report (including the exhibits) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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