BFC · Bank First Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $24.69M | - | $22.47M | $20.67M | $22.12M | - | $20.68M | $19.83M | $17.22M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $15.92M | - |
| Income Tax | $4.70M | - | $4.48M | $3.79M | $3.88M | - | $4.12M | $3.77M | $1.81M | - |
| Net Income | $19.99M | - | $17.99M | $16.88M | $18.24M | - | $16.55M | $16.06M | $15.41M | - |
| EPS - Basic | $1.78 | - | $1.83 | $1.71 | $1.82 | - | $1.65 | $1.59 | $1.51 | - |
| EPS - Diluted | $1.78 | - | $1.83 | $1.71 | $1.82 | - | $1.65 | $1.59 | $1.51 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $398.64M | $243.21M | $126.18M | $120.33M | $300.87M | $261.33M | $204.43M | $98.95M | $83.37M | $247.47M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $6.07B | $4.51B | $4.42B | $4.37B | $4.51B | $4.50B | $4.29B | $4.15B | $4.10B | $4.22B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.25B | $3.86B | $3.79B | $3.75B | $3.86B | $3.86B | $3.67B | $3.53B | $3.49B | $3.60B |
| Stockholders' Equity | $819.85M | $643.84M | $628.13M | $612.33M | $648.41M | $639.68M | $628.89M | $614.58M | $609.33M | $619.80M |
| Retained Earnings | $431.37M | $417.00M | $403.04M | $389.48M | $411.75M | $398.00M | $384.94M | $372.42M | $359.87M | $348.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($11.65M) | - | - | - | $6.17M | - | - | - | $1.33M | - |
| Investing Cash Flow | $238.85M | - | - | - | $31.54M | - | - | - | ($42.93M) | - |
| Financing Cash Flow | ($71.76M) | - | - | - | $1.82M | - | - | - | ($122.49M) | - |
| CapEx | $5.24M | - | - | - | $2.15M | - | - | - | $778.0K | - |
| Free Cash Flow | ($16.89M) | - | - | - | $4.01M | - | - | - | $551.0K | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -0.85 | - | - | - | 0.22 | - | - | - | 0.04 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 19.1% | - | 19.9% | 18.3% | 17.5% | - | 19.9% | 19.0% | 10.5% | - |
| Return on assets | 0.3% | - | 0.4% | 0.4% | 0.4% | - | 0.4% | 0.4% | 0.4% | - |
| Return on equity | 2.4% | - | 2.9% | 2.8% | 2.8% | - | 2.6% | 2.6% | 2.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 1.1x | - |
| Equity multiplier | 7.40 | 7.00 | 7.04 | 7.13 | 6.95 | 7.03 | 6.83 | 6.75 | 6.73 | 6.81 |
| Liabilities / Assets | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.85 | 0.85 | 0.85 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 75.9x | - | 66.3x | 68.8x | 55.4x | - | 55.0x | 51.9x | 57.4x | - |
| P / B | 1.8x | - | 1.9x | 1.9x | 1.5x | - | 1.4x | 1.3x | 1.5x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 11.6% | - | 8.7% | 4.2% | 28.4% | - | 5.1% | 5.0% | 21.0% | - |
| Net income growth (YoY) | 9.6% | - | 8.7% | 5.1% | 18.4% | - | 11.8% | 13.6% | 44.3% | - |
| EPS growth (YoY) | -2.2% | - | 10.9% | 7.5% | 20.5% | - | 15.4% | 16.1% | 38.5% | - |
| EPS CAGR (3y) | 17.8% | - | 13.2% | 3.3% | 10.7% | - | 4.2% | 2.0% | 0.4% | - |
| EPS CAGR (5y) | 3.6% | - | 5.2% | 9.0% | 12.3% | - | 12.2% | 12.1% | 7.5% | - |
| FCF growth (YoY) | - | - | - | - | 628.1% | - | - | - | -60.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 26.4% | 0.6% | -0.1% | -0.4% | 6.4% | 3.2% | 8.9% | 7.7% | 8.3% | 36.8% |
Peer comparison
Same SIC group: National Commercial Banks
Comparing Bank First Corp against the 5 most active filers in the same SIC group.
Dividends
$1.85/share trailing 12 months · -64.1% YoY
| Ex-date | Per share |
|---|---|
| Mar 25, 2026 | $0.5000 |
| Dec 24, 2025 | $0.4500 |
| Sep 24, 2025 | $0.4500 |
| Jun 25, 2025 | $0.4500 |
| May 9, 2025 | $3.5000 |
| Mar 26, 2025 | $0.4500 |
| Dec 23, 2024 | $0.4500 |
| Sep 25, 2024 | $0.4000 |
| Jun 26, 2024 | $0.3500 |
| Mar 26, 2024 | $0.3500 |
| Dec 26, 2023 | $0.3000 |
| Sep 19, 2023 | $0.3000 |
| Jun 20, 2023 | $0.3000 |
| Mar 21, 2023 | $0.2500 |
| Dec 20, 2022 | $0.2500 |
| Sep 20, 2022 | $0.2500 |
| Jun 21, 2022 | $0.2200 |
| Mar 22, 2022 | $0.2200 |
| Dec 21, 2021 | $0.2200 |
| Sep 21, 2021 | $0.5000 |
| Jun 22, 2021 | $0.2100 |
| Mar 23, 2021 | $0.2100 |
| Dec 22, 2020 | $0.2100 |
| Sep 22, 2020 | $0.2000 |