Bank First Corporation | Small-cap | Financial Services
$126.72
-1.87%
| Bank First Stock Comparison:
Bank First vs Nu HoldingsBank First vs U.S. BancorpBank First vs OFG BancorpBank First vs Northwest BancsharesBank First vs LendingClubBank First vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 40.6M
Net Income 16.9M 41.53%
EPS (Diluted) $1.71

Balance Sheet Metrics

Total Assets 4.5B
Total Liabilities 3.9B
Shareholders Equity 648.4M
Debt to Equity 5.95

Cash Flow Metrics

Operating Cash Flow 8.9M
Free Cash Flow 4.0M

Revenue & Profitability Trend

Bank First Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 154.6M 137.5M 118.3M 108.5M 103.2M
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 43.1M 40.7M 33.4M 28.7M 33.9M
Other Operating Expenses i - - - - -
Total Operating Expenses i 43.1M 40.7M 33.4M 28.7M 33.9M
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 79.5M 98.8M 59.6M 60.0M 49.9M
Income Tax i 14.0M 24.3M 14.4M 14.5M 11.8M
Effective Tax Rate % i 17.5% 24.6% 24.2% 24.2% 23.7%
Net Income i 65.6M 74.5M 45.2M 45.4M 38.0M
Net Margin % i 42.4% 54.2% 38.2% 41.9% 36.9%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $6.50 $7.28 $5.58 $5.92 $5.07
EPS (Diluted) i $6.50 $7.28 $5.58 $5.92 $5.07
Basic Shares Outstanding i 10086615 10173210 8044906 7621632 7441256
Diluted Shares Outstanding i 10086615 10173210 8044906 7621632 7441256

Income Statement Trend

Bank First Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 261.3M 247.5M 119.4M 296.9M 170.2M
Short-term Investments i 153.0M 160.0M 305.0M 212.7M 165.0M
Accounts Receivable i - - - - -
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i 1.6M 1.6M 1.6M 1.6M 1.6M
Goodwill i 384.8M 390.9M 246.8M 119.8M 120.1M
Intangible Assets i 34.6M 40.7M 26.4M 9.1M 9.2M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 4.5B - - - -
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i - - - - -
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 147.4M 51.4M 25.4M 25.5M 41.0M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 3.9B - - - -
Equity
Common Stock i 115.0K 115.0K 101.0K 85.0K 85.0K
Retained Earnings i 398.0M 348.0M 295.5M 258.1M 221.4M
Treasury Stock i 82.9M 53.4M 45.2M 32.3M 25.2M
Other Equity - - - - -
Total Shareholders Equity i 639.7M 619.8M 453.1M 322.7M 294.9M
Key Metrics
Total Debt i 147.4M 51.4M 25.4M 25.5M 41.0M
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Bank First Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 65.6M 74.5M 45.2M 45.4M 38.0M
Depreciation & Amortization i 8.0M 8.4M 4.0M 3.2M 3.2M
Stock-Based Compensation i 2.2M 2.1M 1.7M 1.4M 1.1M
Working Capital Changes i 2.9M 13.9M 470.0K -3.2M 4.6M
Operating Cash Flow i 74.9M 88.8M 45.5M 50.1M 47.9M
Investing Activities
Capital Expenditures i -4.8M -13.5M -6.9M -8.2M -8.1M
Acquisitions i 0 90.0M 154.4M 0 35.3M
Investment Purchases i -302.2M -26.6M -142.4M -93.8M -28.8M
Investment Sales i 216.6M 254.7M 14.7M 43.1M 133.2M
Investing Cash Flow i -86.4M 302.7M 15.8M -56.7M 133.7M
Financing Activities
Share Repurchases i -31.9M -10.0M -14.3M -8.3M -4.4M
Dividends Paid i -15.6M -12.0M -7.8M -8.7M -6.1M
Debt Issuance i 140.0M 121.7M 3.1B 5.0M 94.0M
Debt Repayment i -44.1M -112.9M -3.1B -20.4M -134.4M
Financing Cash Flow i 48.6M -13.0M -22.9M -32.3M -50.9M
Free Cash Flow i 58.6M 39.5M 33.1M 31.6M 35.6M
Net Change in Cash i 37.2M 378.6M 38.4M -38.8M 130.7M

Cash Flow Trend

Bank First Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 19.24
Forward P/E 19.90
Price to Book 2.14
Price to Sales 7.92
PEG Ratio 2.55

Profitability Ratios

Profit Margin 41.69%
Operating Margin 53.24%
Return on Equity 11.28%
Return on Assets 1.63%

Financial Health

Debt to Equity 0.20
Beta 0.38

Per Share Data

EPS (TTM) $6.93
Book Value per Share $62.27
Revenue per Share $16.72

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
bfc 1.3B 19.24 2.14 11.28% 41.69% 0.20
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
OFG Bancorp 1.9B 9.95 1.42 15.20% 31.43% 0.38
Northwest Bancshares 1.8B 11.13 0.97 8.97% 25.54% 0.29
LendingClub 1.8B 24.06 1.26 5.50% 5.93% 1.59

Financial data is updated regularly. All figures are in the company's reporting currency.