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BayFirst Financial Corp. (BAFN) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, ladies and gentlemen, and welcome to BayFirst Financial Corp. First Quarter 2026 Conference Call and Webcast. [Operator Instructions] This call is being recorded on Friday, May 1, 2026.

I would now like to turn the conference over to the Chairman of the Board, Anthony Saravanos. Please go ahead.

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Anthony Saravanos

Thank you, Joanna. Good morning, and thank you for joining our call today. With me is Scott McKim, our CFO; Robin Oliver, our COO, and I would like to introduce Al Rogers as the new Chief Executive Officer and President of BayFirst National Bank. We are announcing some exciting news regarding the future of BayFirst.

First, we have raised $80 million of capital from investors through a private investment in a public equity offering. The company issued shares of convertible preferred stock in this pipe, which subject to shareholder and regulatory approvals, will convert to or the exchanged for approximately 22.9 million shares of common stock at an effective purchase price of $3.50 per share.

We are announcing a rights offering for our existing shareholders to participate in this capital raise and are scheduling a special shareholder meeting on July 14. This successful capital raise reflects the trust our investors place in our institution and our long-term strategic direction. This has been a lengthy process over the past several quarters following the bank’s exit from SBA 7(a) lending.

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I am extremely pleased to have Al join Robin, Scott and all the BayFirst team members to lead the company back

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Why China exports will likely stay resilient despite energy shock and a strong Yua

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My 2 Ultimate 10%+ Yielding Retirement Income Compounders

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My 2 Ultimate 10%+ Yielding Retirement Income Compounders

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US stocks rally could find fuel in earnings, jobs data amid surging oil prices


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Li Auto April deliveries climb to 34,085 vehicles

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ADB launches $70 billion plan for energy, digital infrastructure in Asia-Pacific

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ADB launches $70 billion plan for energy, digital infrastructure in Asia-Pacific


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6 April Raises With 1 High Yield Giving 20% And 1 Cut

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8 High Yields Of Quality And Value To Buy

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Rosenose is a retired healthcare professional and she has been managing her own investments for nearly 2 decades. She writes about stocks with growing dividends targeting a yield of 4+%. She is a contributing author to the investing group Macro Trading Factory where she manages the Rose’s Income Garden portfolio – a diversified portfolio with 80+ stocks from all 11 sectors which targets rising safe income and capital maintenance. The service also has the Funds Macro Portfolio managed by the Macro Teller which aims to outperform the SPY market on a risk-adjusted basis. Both portfolios are easy to follow and have a focus on quality investments, risk management, and diversification. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of XEL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Winning Numbers Drawn as Jackpot Resets to $20 Million

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Powerball tickets rest on a 7-Eleven store register January 9, 2016 in Chicago, Illinois.

NEW YORK — No ticket matched all six numbers in Saturday’s Powerball drawing, leaving the jackpot to reset at an estimated $20 million for the next draw as players across the country checked their tickets against the winning combination of 25, 37, 42, 52 and 65, with Powerball 14 and a Power Play multiplier of 3X. The drawing, held at 10:59 p.m. ET on May 2, 2026, followed a $143 million jackpot shared by winners in Indiana and Kansas on April 29.

The absence of a grand-prize winner means the annuity option starts at $20 million, with the cash value approximately $9 million. Powerball officials confirmed the results shortly after the live drawing, which is broadcast nationwide and available for verification on state lottery websites. Players have one year from the drawing date to claim any prizes, depending on state rules.

Saturday’s numbers continued a pattern of moderate jackpots following larger wins. The previous drawing on April 29 produced two jackpot-winning tickets, splitting the $143 million prize. That windfall reset expectations for May 2, drawing millions of hopeful players seeking to claim the next big payout. Odds of hitting the jackpot remain approximately 1 in 292 million, underscoring the game’s long-shot nature.

Lower-tier prizes offered more accessible wins. Matching five white balls without the Powerball paid $1 million, with the Power Play multiplier boosting some prizes to $2 million. Thousands of players won smaller amounts ranging from $4 to several thousand dollars by matching fewer numbers. Exact prize payouts and winner counts will be updated by individual state lotteries in the coming days.

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Powerball, administered by the Multi-State Lottery Association, continues to generate billions in revenue annually for participating states, funding education, infrastructure and other public programs. Saturday’s drawing contributed to that total as ticket sales surged ahead of the weekend. The game’s popularity persists despite slim odds, fueled by dreams of life-changing wealth and the thrill of anticipation.

For players in states like Florida, California and New York, local lottery sites provided immediate result checks. No major winner claims were reported immediately after the drawing, consistent with typical patterns where larger prizes require verification and public announcement. Past winners have ranged from everyday workers to groups pooling resources for bigger odds.

The reset to $20 million sets the stage for a potential rollover streak if the next several drawings fail to produce a winner. Analysts note that moderate jackpots often build excitement steadily, leading to larger sales as the prize climbs. Powerball drawings occur Monday, Wednesday and Saturday, giving players regular opportunities to participate.

Experts advise responsible play. Lottery officials emphasize that Powerball is entertainment, not investment, with the vast majority of players never winning significant prizes. Tips for participants include setting a budget, avoiding chasing losses and treating any win as a bonus rather than expected income. Financial advisers recommend consulting professionals for large prizes to navigate taxes and long-term planning.

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Saturday’s results come amid broader discussions about lottery modernization. Some states have explored digital innovations, expanded prize structures and responsible-gaming initiatives. Powerball’s core format — five white balls from 1 to 69 and one red Powerball from 1 to 26 — remains unchanged, providing familiarity while Power Play adds multiplier excitement.

Community impact from lottery proceeds remains significant. Funds support scholarships, veterans’ programs, environmental projects and more across participating jurisdictions. While critics question the regressive nature of lottery participation, supporters highlight voluntary contributions and public benefits derived from ticket sales.

As players scan tickets from Saturday’s drawing, attention shifts to the next opportunity on Monday. The $20 million starting point offers a fresh beginning after the recent shared jackpot. Whether the prize rolls over or produces another winner, Powerball continues captivating audiences with its blend of chance and hope.

For official verification, players should consult state lottery websites or authorized retailers. Results are also available through the Powerball app and national broadcasting partners. Those holding winning tickets are encouraged to sign the back, secure the ticket and contact their state lottery for claim instructions.

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The May 2 drawing serves as a reminder of the game’s unpredictability. While no one claimed the top prize this time, smaller winners across the country celebrated modest victories that can still provide meaningful boosts. As the jackpot builds again, millions will dream of what they might do with a life-altering sum.

Powerball’s enduring appeal lies in its simplicity and the universal desire for financial freedom. Saturday’s results, while disappointing for jackpot hopefuls, keep the excitement alive for the next draw. Players are already preparing strategies and selecting numbers, hoping fortune smiles on them in the coming week.

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Israel court extends detention of Gaza flotilla activists


Israel court extends detention of Gaza flotilla activists

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Constellium SE: My Conviction Just Got A Boost As Earnings Come In Strong (NYSE:CSTM)

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Constellium SE: My Conviction Just Got A Boost As Earnings Come In Strong (NYSE:CSTM)

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My name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors to follow are tech, specifically SaaS and cloud business but recently I’ve also taken up an interest in writing about the energy and minerals sectors, two areas I’m quite familiar with having followed them for over a decade at this point. I find these offer incredible growth opportunities and are also very fun to research and follow. It’s a very active space with plenty of news coming out each week. Work is my own thoughs and research is done only by myself.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CSTM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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