Free Trial
Memorial Day Savings! Save $100 on MarketBeat All Access
Claim Your Discount
Claim MarketBeat All Access Sale Promotion

Bank First National (BFC) Financials

Bank First National logo
$143.24 -0.42 (-0.30%)
Closing price 03:59 PM Eastern
Extended Trading
$143.44 +0.20 (+0.14%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Bank First National

Annual Income Statements for Bank First National

This table shows Bank First National's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 15 15 25 27 38 45 45 75 66 71
Consolidated Net Income / (Loss)		 15 15 25 27 38 45 45 75 66 71
Net Income / (Loss) Continuing Operations		 15 15 25 27 38 45 45 75 66 71
Total Pre-Tax Income 		23 24 32 34 50 60 60 99 80 88
Total Revenue		 48 56 75 82 106 114 124 192 157 174
Net Interest Income / (Expense)		 39 46 63 70 87 90 104 133 138 152
Total Interest Income		 45 53 78 89 101 98 117 182 206 222
Loans and Leases Interest Income		 41 49 72 83 95 93 107 169 189 204
Investment Securities Interest Income		 3.87 4.61 5.84 6.23 5.43 4.96 9.58 9.50 11 12
Other Interest Income		 - - - - - - - 4.17 6.10 5.79
Total Interest Expense		 5.93 7.73 15 19 14 8.30 12 49 69 70
Deposits Interest Expense		 5.51 6.44 12 18 12 7.53 10 42 64 64
Short-Term Borrowings Interest Expense		 - 1.02 2.06 1.16 1.28 0.77 1.64 4.82 4.42 6.41
Federal Funds Purchased and Securities Sold Interest Expense		 0.07 0.27 0.40 0.46 0.11 0.01 0.54 1.81 0.02 0.00
Total Non-Interest Income		 9.24 9.82 12 13 19 24 20 58 20 22
Service Charges on Deposit Accounts		 1.01 - - 0.55 1.49 1.62 1.92 2.86 2.94 2.95
Other Service Charges		 3.48 4.81 6.15 5.09 8.63 8.10 7.74 9.87 12 13
Net Realized & Unrealized Capital Gains on Investments		 1.04 0.86 0.59 5.20 6.98 9.93 4.62 42 1.30 1.80
Other Non-Interest Income		 3.72 4.15 4.77 1.79 1.80 3.88 5.42 3.32 3.20 4.20
Provision for Credit Losses		 0.32 1.06 2.94 5.25 7.13 3.10 2.20 4.68 -0.80 1.25
Total Non-Interest Expense		 25 30 40 43 49 51 62 88 79 84
Salaries and Employee Benefits		 13 17 22 23 27 29 33 40 41 42
Net Occupancy & Equipment Expense		 5.05 6.04 7.12 8.37 10 9.54 12 14 16 18
Marketing Expense		 0.20 0.18 0.22 0.27 0.23 0.23 0.27 0.33 0.31 0.18
Property & Liability Insurance Claims		 - - - - - - 1.10 1.83 1.85 2.31
Insurance Policy Acquisition Costs		 2.67 3.32 3.13 3.04 4.11 3.08 5.63 4.52 4.56 5.23
Other Operating Expenses		 3.82 4.15 6.63 7.18 5.24 7.79 7.84 19 10 11
Amortization Expense		 0.02 0.13 0.76 1.07 1.64 1.41 2.32 6.32 5.79 5.00
Other Special Charges		 0.03 -0.05 0.25 -0.07 - -0.02 -0.15 2.13 -0.69 -0.16
Income Tax Expense		 7.71 8.83 6.60 7.60 12 15 14 24 14 17
Basic Earnings per Share		 $2.40 $2.44 $3.81 $3.91 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Weighted Average Basic Shares Outstanding		 - - 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Diluted Earnings per Share		 $2.40 $2.44 $3.81 $3.87 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Weighted Average Diluted Shares Outstanding		 - - 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Weighted Average Basic & Diluted Shares Outstanding		 - - 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Cash Dividends to Common per Share		 $0.59 $0.64 $0.68 $0.80 $0.81 $1.14 $0.94 $1.15 $1.55 $5.30

Quarterly Income Statements for Bank First National

This table shows Bank First National's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 15 35 15 16 17 18 18 17 18 18 20
Consolidated Net Income / (Loss)		 15 35 15 16 17 18 18 17 18 18 20
Net Income / (Loss) Continuing Operations		 15 35 15 16 17 18 18 17 18 18 20
Total Pre-Tax Income 		20 46 17 20 21 22 22 21 22 23 25
Total Revenue		 39 75 38 39 41 40 43 42 44 45 64
Net Interest Income / (Expense)		 34 33 33 33 36 36 37 37 38 40 53
Total Interest Income		 47 49 49 49 54 54 55 55 55 57 74
Loans and Leases Interest Income		 44 45 45 46 49 48 49 50 52 53 65
Investment Securities Interest Income		 3.44 4.16 4.40 3.00 4.59 5.41 3.25 4.65 3.56 -1.76 6.42
Other Interest Income		 - - - - - - 2.56 - - - 2.62
Total Interest Expense		 13 16 16 16 18 18 19 18 17 16 20
Deposits Interest Expense		 12 13 15 16 16 16 17 16 16 15 20
Short-Term Borrowings Interest Expense		 1.04 2.13 0.51 0.55 1.67 1.70 1.66 1.67 1.43 1.64 0.34
Total Non-Interest Income		 5.25 42 4.40 5.88 4.89 4.51 6.59 4.92 5.95 4.76 11
Service Charges on Deposit Accounts		 0.73 0.74 0.73 0.74 0.73 0.74 0.73 0.73 0.74 0.75 0.96
Other Service Charges		 2.47 2.67 2.79 3.15 3.07 3.24 4.15 2.80 3.17 3.14 5.87
Net Realized & Unrealized Capital Gains on Investments		 1.03 39 0.22 0.28 0.38 0.43 0.33 0.34 0.48 0.65 1.08
Investment Banking Income		 - - - - - - 0.02 - - - 1.58
Other Non-Interest Income		 1.02 0.05 0.67 1.72 0.72 0.10 1.36 1.05 1.56 0.22 1.06
Provision for Credit Losses		 0.00 0.50 0.20 0.00 0.00 -1.00 0.40 0.20 0.65 - 0.00
Total Non-Interest Expense		 20 29 20 19 20 19 21 21 21 22 39
Salaries and Employee Benefits		 10 10 11 10 10 9.89 11 10 10 11 22
Net Occupancy & Equipment Expense		 3.61 3.21 3.97 3.44 4.10 4.13 4.04 4.54 4.07 5.45 5.97
Marketing Expense		 0.06 0.10 0.10 0.08 0.06 0.08 0.07 0.06 0.08 -0.03 0.08
Property & Liability Insurance Claims		 - - 0.42 0.44 0.50 - 0.63 0.63 0.54 0.51 0.72
Insurance Policy Acquisition Costs		 1.44 -0.47 0.88 1.45 1.10 -0.22 0.79 1.14 1.82 1.49 2.40
Other Operating Expenses		 2.65 11 2.62 2.63 2.79 2.36 2.80 2.85 2.85 2.82 5.72
Amortization Expense		 1.63 1.60 1.50 1.48 1.43 1.39 1.30 1.27 1.23 1.20 2.57
Other Special Charges		 0.05 1.59 -0.05 -0.46 0.00 -0.19 0.00 -0.16 0.00 - -0.19
Income Tax Expense		 4.86 11 1.81 3.77 4.12 4.25 3.88 3.79 4.48 4.52 4.70
Basic Earnings per Share		 $1.43 $3.39 $1.51 $1.59 $1.65 $1.75 $1.82 $1.71 $1.83 $1.87 $1.78
Weighted Average Basic Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M
Diluted Earnings per Share		 $1.43 $3.39 $1.51 $1.59 $1.65 $1.75 $1.82 $1.71 $1.83 $1.87 $1.78
Weighted Average Diluted Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M
Weighted Average Basic & Diluted Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M

Annual Cash Flow Statements for Bank First National

This table details how cash moves in and out of Bank First National's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -5.49 22 5.77 -21 84 127 -178 128 14 -18
Net Cash From Operating Activities		 14 18 23 23 44 40 40 53 66 62
Net Cash From Continuing Operating Activities		 14 18 23 23 44 40 40 53 66 62
Net Income / (Loss) Continuing Operations		 15 15 25 27 38 45 45 75 66 71
Consolidated Net Income / (Loss)		 15 15 25 27 38 45 45 75 66 71
Provision For Loan Losses		 0.32 1.06 2.94 5.25 7.13 3.10 2.20 4.68 -0.80 1.25
Depreciation Expense		 0.90 1.13 1.12 1.27 1.54 1.78 1.66 2.07 2.25 2.42
Amortization Expense		 0.83 1.46 -4.66 1.24 4.74 1.00 1.75 2.51 1.89 0.82
Non-Cash Adjustments to Reconcile Net Income		 -3.37 -5.36 -3.32 -12 -12 -7.89 -11 -45 -5.92 -9.80
Changes in Operating Assets and Liabilities, net		 0.82 4.73 1.53 0.55 4.56 -3.15 0.47 14 2.86 -3.71
Net Cash From Investing Activities		 -83 -41 -30 -106 -206 -94 -178 269 -253 -16
Net Cash From Continuing Investing Activities		 -83 -41 -30 -106 -206 -94 -178 269 -253 -16
Purchase of Property, Leasehold Improvements and Equipment		 -1.27 -2.83 -7.93 -7.27 -8.37 -8.72 -6.87 -13 -7.23 -11
Purchase of Investment Securities		 -115 -116 -52 -164 -376 -135 -345 -68 -472 -297
Sale of Property, Leasehold Improvements and Equipment		 0.00 0.00 0.45 0.00 0.28 0.55 0.00 0.00 2.38 0.00
Divestitures		 - - - - - 0.00 0.00 52 0.00 0.00
Sale and/or Maturity of Investments		 32 77 30 64 178 50 174 297 222 290
Other Investing Activities, net		 0.93 0.96 - 1.33 - - - 1.92 2.34 2.56
Net Cash From Financing Activities		 63 45 13 62 246 180 -40 -194 201 -65
Net Cash From Continuing Financing Activities		 63 45 13 62 246 180 -40 -194 201 -65
Net Change in Deposits		 64 34 51 18 307 208 -73 -159 228 35
Issuance of Debt		 327 497 1,214 44 94 5.00 3,129 122 140 220
Issuance of Common Equity		 0.45 0.90 1.35 0.00 0.02 0.11 0.11 0.20 0.25 0.74
Repayment of Debt		 -327 -477 -1,223 -4.00 -134 -20 -3,130 -113 -44 -246
Repurchase of Common Equity		 -2.59 -3.63 -10 -4.21 -4.37 -8.27 -14 -10 -32 -22
Payment of Dividends		 -3.67 -4.05 -4.53 -5.46 -6.15 -8.73 -7.82 -12 -16 -53
Other Financing Activities, Net		 4.49 -2.54 -16 14 -10 4.75 56 -21 -76 0.00
Cash Interest Paid		 5.79 6.75 14 19 15 7.06 11 44 66 71
Cash Income Taxes Paid		 8.20 7.98 5.78 6.68 10 17 14 24 14 16

Quarterly Cash Flow Statements for Bank First National

This table details how cash moves in and out of Bank First National's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -36 172 -164 16 105 57 40 -181 5.86 117 155
Net Cash From Operating Activities		 17 20 1.33 15 19 31 6.17 12 15 29 -12
Net Cash From Continuing Operating Activities		 17 20 1.33 15 19 31 6.17 12 15 29 -12
Net Income / (Loss) Continuing Operations		 15 35 15 16 17 18 18 17 18 18 20
Consolidated Net Income / (Loss)		 15 35 15 16 17 18 18 17 18 18 20
Provision For Loan Losses		 - 0.50 0.20 - - -1.00 0.40 0.20 0.65 - 0.00
Depreciation Expense		 0.38 0.68 0.56 0.56 0.57 0.56 0.59 0.59 0.61 0.62 0.72
Amortization Expense		 -1.14 7.12 -0.89 0.74 0.21 0.66 -1.33 0.43 0.58 0.13 -3.98
Non-Cash Adjustments to Reconcile Net Income		 -1.15 -40 1.43 -4.18 -4.22 2.22 -1.32 -4.28 -1.39 -1.80 -3.56
Changes in Operating Assets and Liabilities, net		 4.59 17 -15 1.76 5.66 11 -10 -1.97 -2.99 12 -25
Net Cash From Investing Activities		 -35 83 -43 -27 -37 -146 32 -34 -49 35 239
Net Cash From Continuing Investing Activities		 -35 83 -43 -27 -37 -146 32 -34 -49 35 239
Purchase of Property, Leasehold Improvements and Equipment		 -4.56 -2.17 -0.78 -1.21 -1.85 -3.40 -2.15 -3.62 -2.98 -2.69 -5.24
Purchase of Investment Securities		 -39 -12 -132 -44 -47 -250 -225 -40 -57 24 42
Sale of Property, Leasehold Improvements and Equipment		 - - 0.00 - - - 0.00 - - - 0.00
Sale and/or Maturity of Investments		 8.27 45 90 16 11 107 259 8.95 11 11 202
Net Cash From Financing Activities		 -18 69 -122 28 124 172 1.82 -158 39 53 -72
Net Cash From Continuing Financing Activities		 -18 69 -122 28 124 172 1.82 -158 39 53 -72
Net Change in Deposits		 -7.06 35 -17 -16 85 176 13 -79 -57 157 15
Issuance of Common Equity		 0.06 0.05 0.06 0.07 0.07 0.06 0.06 0.53 0.07 0.07 0.09
Repayment of Debt		 - -20 -4.12 -47 7.00 - -0.51 -25 - -220 -78
Repurchase of Common Equity		 -1.04 -0.94 -22 -7.94 -1.70 - -6.38 -16 - 0.00 -3.08
Payment of Dividends		 -3.12 -3.11 -3.54 -3.51 -4.04 -4.47 -4.49 -39 -4.43 -4.44 -5.61
Cash Interest Paid		 12 15 16 15 18 18 19 19 17 17 19
Cash Income Taxes Paid		 4.00 11 - - 4.00 3.80 0.00 - 4.70 4.50 0.06

Annual Balance Sheets for Bank First National

This table presents Bank First National's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 1,753 1,793 2,210 2,718 2,938 3,660 4,222 4,495 4,506
Cash and Due from Banks		 38 41 34 36 29 52 70 59 55
Interest Bearing Deposits at Other Banks		 15 22 19 134 268 68 177 202 188
Trading Account Securities		 159 160 225 172 219 350 246 334 268
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 2,215 2,871 3,299 3,473 3,560
Loans and Leases		 - - - - - 2,894 3,343 3,517 3,605
Allowance for Loan and Lease Losses		 - - - - - 23 44 44 44
Loans Held for Sale		 1,386 1,416 1,726 2,175 0.79 0.65 3.01 3.09 6.24
Premises and Equipment, Net		 19 24 35 43 49 56 70 71 79
Goodwill		 15 15 43 55 55 110 175 175 175
Intangible Assets		 5.58 5.30 9.67 5.44 4.04 17 27 21 16
Other Assets		 67 65 85 97 97 136 154 156 158
Total Liabilities & Shareholders' Equity		 1,753 1,793 2,210 2,718 2,938 3,660 4,222 4,495 4,506
Total Liabilities		 1,592 1,619 1,980 2,423 2,615 3,207 3,602 3,855 3,862
Non-Interest Bearing Deposits		 437 449 476 716 800 934 1,051 1,025 1,003
Interest Bearing Deposits		 1,070 1,108 1,367 1,605 1,729 2,126 2,382 2,636 2,693
Long-Term Debt		 20 12 68 41 26 25 47 147 122
Other Long-Term Liabilities		 17 19 22 25 20 24 46 47 45
Total Equity & Noncontrolling Interests		 162 174 230 295 323 453 620 640 644
Total Preferred & Common Equity		 162 174 230 295 323 453 620 640 644
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 162 174 230 295 323 453 620 640 644
Common Stock		 28 28 63 93 93 218 334 334 334
Retained Earnings		 146 168 189 221 258 295 348 398 417
Treasury Stock		 -13 -21 -25 -25 -32 -45 -53 -83 -102
Accumulated Other Comprehensive Income / (Loss)		 0.98 -0.37 2.49 5.76 3.61 -16 -8.75 -9.35 -5.02

Quarterly Balance Sheets for Bank First National

This table presents Bank First National's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 3,641 4,167 4,092 4,088 4,100 4,146 4,294 4,505 4,365 4,420 6,069
Cash and Due from Banks		 46 43 50 46 36 46 64 61 85 48 64
Interest Bearing Deposits at Other Banks		 98 127 61 29 47 53 140 240 36 78 334
Trading Account Securities		 344 276 269 256 250 239 238 274 277 274 601
Loans and Leases, Net of Allowance		 0.00 3,280 3,271 3,312 3,339 3,384 3,426 3,504 3,536 3,585 4,459
Loans and Leases		 - 3,323 3,314 3,356 3,383 3,429 3,471 3,548 3,580 3,630 4,516
Allowance for Loan and Lease Losses		 - 43 43 43 44 45 45 44 44 45 57
Loans Held for Sale		 2,836 2.34 1.56 1.16 1.29 2.27 4.37 2.68 5.27 4.18 9.75
Premises and Equipment, Net		 57 64 67 71 70 69 70 73 76 78 93
Goodwill		 112 175 175 175 175 175 175 175 175 175 246
Intangible Assets		 18 32 30 29 25 24 23 20 19 17 46
Other Assets		 131 3,449 167 168 156 155 155 156 157 160 216
Total Liabilities & Shareholders' Equity		 3,641 4,167 4,092 4,088 4,100 4,146 4,294 4,505 4,365 4,420 6,069
Total Liabilities		 3,201 3,605 3,521 3,510 3,491 3,531 3,666 3,857 3,753 3,792 5,249
Non-Interest Bearing Deposits		 972 1,100 1,084 1,065 990 976 1,022 994 990 985 1,497
Interest Bearing Deposits		 2,166 2,363 2,322 2,333 2,426 2,424 2,463 2,680 2,605 2,554 3,590
Long-Term Debt		 26 71 70 70 47 102 147 147 122 222 125
Other Long-Term Liabilities		 15 24 21 24 27 29 34 36 35 32 37
Total Equity & Noncontrolling Interests		 439 562 571 577 609 615 629 648 612 628 820
Total Preferred & Common Equity		 439 562 571 577 609 615 629 648 612 628 820
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 439 562 571 577 609 615 629 648 612 628 820
Common Stock		 218 332 333 333 332 333 333 332 333 333 501
Retained Earnings		 285 294 305 316 360 372 385 412 389 403 431
Treasury Stock		 -45 -50 -52 -52 -73 -81 -83 -87 -102 -102 -103
Accumulated Other Comprehensive Income / (Loss)		 -19 -13 -15 -20 -9.41 -9.37 -6.48 -8.60 -7.76 -6.16 -9.45

Annual Metrics And Ratios for Bank First National

This table displays calculated financial ratios and metrics derived from Bank First National's official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - 9,835,013.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 9,835,013.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 7.27
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 0.00% 15.65% 34.28% 10.32% 28.47% 7.45% 8.96% 54.78% -17.81% 10.41%
EBITDA Growth		 0.00% 9.78% 6.66% 29.11% 52.58% 11.75% 0.46% 63.99% -19.08% 9.26%
EBIT Growth		 0.00% 6.72% 32.79% 6.98% 45.46% 20.23% -0.56% 65.67% -19.52% 10.89%
NOPAT Growth		 0.00% 2.68% 66.24% 4.86% 42.53% 19.44% -0.51% 64.80% -12.01% 9.05%
Net Income Growth		 0.00% 2.68% 66.24% 4.86% 42.53% 19.44% -0.51% 64.80% -12.01% 9.05%
EPS Growth		 0.00% 1.67% 56.15% 1.57% 31.01% 16.77% -5.74% 30.47% -10.71% 11.23%
Operating Cash Flow Growth		 0.00% 27.11% 25.81% -1.75% 94.11% -8.37% -0.68% 32.34% 24.37% -5.11%
Free Cash Flow Firm Growth		 0.00% 0.00% 117.50% -368.38% 110.28% 174.52% -597.97% 34.45% 123.03% 334.97%
Invested Capital Growth		 0.00% 0.00% -5.23% 58.52% 8.05% 4.59% 47.89% 29.02% 5.96% -2.70%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 5.05% 4.54% -2.08% 4.77% 27.23% -18.31% 2.87%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 30.50% 4.35% -5.48% 6.16% 52.46% -22.23% 0.72%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 7.06% 13.44% -1.44% 3.56% 42.06% -23.35% 1.29%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 5.53% 11.98% -0.80% 3.86% 42.04% -20.93% 1.20%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 5.53% 11.98% -0.80% 3.86% 42.04% -20.93% 1.20%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 3.48% 10.46% -0.84% -0.71% 36.84% -20.15% 1.69%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 2.35% 2.82% 22.70% -13.01% 12.33% 0.55% 18.97% -2.79%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 114.83% 31.24% -67.00% 25.90% 174.87% 3,017.55%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 12.59% 11.06% 8.33% 18.11% 11.73% 1.39% -9.91%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 50.68% 48.11% 38.21% 44.72% 53.11% 55.24% 50.93% 53.96% 53.12% 52.57%
EBIT Margin		 47.09% 43.45% 42.97% 41.66% 47.18% 52.79% 48.17% 51.56% 50.49% 50.71%
Profit (Net Income) Margin		 31.04% 27.56% 34.12% 32.44% 35.99% 40.00% 36.53% 38.89% 41.63% 41.12%
Tax Burden Percent		 65.93% 63.44% 79.42% 77.85% 76.28% 75.78% 75.82% 75.42% 82.46% 81.09%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 34.07% 36.56% 20.58% 22.15% 23.72% 24.22% 24.18% 24.58% 17.54% 18.91%
Return on Invested Capital (ROIC)		 0.00% 13.36% 11.40% 9.50% 10.62% 11.94% 9.37% 11.30% 8.57% 9.21%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 13.36% 11.40% 9.50% 10.62% 11.94% 9.37% 11.30% 8.57% 9.21%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 5.58% 3.75% 3.69% 3.87% 2.78% 2.29% 2.59% 1.84% 1.93%
Return on Equity (ROE)		 0.00% 18.94% 15.15% 13.20% 14.49% 14.72% 11.66% 13.89% 10.41% 11.14%
Cash Return on Invested Capital (CROIC)		 0.00% -186.64% 16.77% -35.77% 2.88% 7.45% -29.27% -14.04% 2.79% 11.95%
Operating Return on Assets (OROA)		 0.00% 1.38% 1.81% 1.71% 2.02% 2.12% 1.81% 2.51% 1.82% 1.96%
Return on Assets (ROA)		 0.00% 0.87% 1.44% 1.33% 1.54% 1.61% 1.37% 1.89% 1.50% 1.59%
Return on Common Equity (ROCE)		 0.00% 18.94% 15.15% 13.20% 14.49% 14.72% 11.66% 13.89% 10.41% 11.14%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 9.47% 14.60% 11.60% 12.90% 14.08% 9.98% 12.02% 10.25% 11.10%
Net Operating Profit after Tax (NOPAT)		 15 15 25 27 38 45 45 75 66 71
NOPAT Margin		 31.04% 27.56% 34.12% 32.44% 35.99% 40.00% 36.53% 38.89% 41.63% 41.12%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.64% 41.06% 38.66% 38.32% 35.69% 33.70% 36.53% 28.37% 36.11% 34.94%
Operating Expenses to Revenue		 52.25% 54.65% 53.10% 51.96% 46.09% 44.48% 50.05% 45.99% 50.02% 48.57%
Earnings before Interest and Taxes (EBIT)		 23 24 32 34 50 60 60 99 80 88
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 24 27 29 37 56 63 63 103 84 91
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 2.08 1.39 1.55 2.12
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 2.89 2.07 2.23 3.02
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 7.61 4.51 6.29 7.85
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 20.85 11.59 15.11 19.09
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.05% 1.35% 1.56% 4.35%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.80% 8.63% 6.62% 5.24%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 1.64 1.00 1.11 1.62
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 7.64 3.86 5.57 7.15
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 15.00 7.15 10.48 13.60
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 15.86 7.48 11.02 14.10
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 20.92 9.92 13.37 17.39
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 23.64 13.96 13.31 19.90
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 41.10 13.41
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.42 0.25 0.50 0.26 0.21 0.27 0.20 0.23 0.19
Long-Term Debt to Equity		 0.00 0.12 0.07 0.30 0.14 0.08 0.06 0.08 0.23 0.19
Financial Leverage		 0.00 0.42 0.33 0.39 0.36 0.23 0.24 0.23 0.21 0.21
Leverage Ratio		 0.00 10.84 10.55 9.90 9.39 9.16 8.51 7.35 6.92 7.01
Compound Leverage Factor		 0.00 10.84 10.55 9.90 9.39 9.16 8.51 7.35 6.92 7.01
Debt to Total Capital		 0.00% 29.47% 19.78% 33.17% 20.78% 17.12% 21.30% 16.56% 18.72% 15.93%
Short-Term Debt to Total Capital		 0.00% 20.75% 14.49% 13.31% 9.77% 10.56% 16.88% 10.20% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 8.72% 5.29% 19.86% 11.01% 6.55% 4.42% 6.36% 18.72% 15.93%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 70.53% 80.22% 66.83% 79.22% 82.88% 78.70% 83.44% 81.28% 84.07%
Debt to EBITDA		 0.00 2.53 1.51 3.11 1.38 1.06 1.95 1.19 1.76 1.33
Net Debt to EBITDA		 0.00 -1.29 -2.27 0.76 -1.65 -3.67 0.05 -1.20 -1.36 -1.33
Long-Term Debt to EBITDA		 0.00 0.75 0.40 1.86 0.73 0.41 0.40 0.46 1.76 1.33
Debt to NOPAT		 0.00 4.41 1.69 4.28 2.03 1.47 2.71 1.65 2.25 1.71
Net Debt to NOPAT		 0.00 -2.25 -2.54 1.04 -2.44 -5.07 0.07 -1.67 -1.74 -1.70
Long-Term Debt to NOPAT		 0.00 1.31 0.45 2.56 1.08 0.56 0.56 0.63 2.25 1.71
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -214 37 -100 10 28 -141 -93 21 93
Operating Cash Flow to CapEx		 1,133.25% 648.60% 308.10% 311.61% 543.63% 493.06% 582.19% 392.65% 1,359.07% 546.03%
Free Cash Flow to Firm to Interest Expense		 0.00 -27.68 2.52 -5.15 0.75 3.42 -11.34 -1.89 0.31 1.32
Operating Cash Flow to Interest Expense		 2.43 2.37 1.55 1.16 3.17 4.85 3.21 1.08 0.96 0.89
Operating Cash Flow Less CapEx to Interest Expense		 2.22 2.00 1.05 0.79 2.59 3.87 2.66 0.81 0.89 0.73
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.00 0.03 0.04 0.04 0.04 0.04 0.04 0.05 0.04 0.04
Fixed Asset Turnover		 0.00 2.99 3.46 2.75 2.69 2.45 2.34 3.03 2.23 2.31
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 0.00 229 217 344 372 389 576 743 787 766
Invested Capital Turnover		 0.00 0.48 0.33 0.29 0.30 0.30 0.26 0.29 0.21 0.22
Increase / (Decrease) in Invested Capital		 0.00 229 -12 127 28 17 186 167 44 -21
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 0.00 0.00 946 739 876 1,243
Market Capitalization		 0.00 0.00 0.00 0.00 0.00 0.00 943 864 990 1,365
Book Value per Share		 $0.00 $0.00 $26.23 $32.49 $38.14 $42.29 $50.18 $59.79 $63.89 $65.46
Tangible Book Value per Share		 $0.00 $0.00 $23.18 $25.00 $30.26 $34.51 $36.11 $40.30 $44.28 $46.01
Total Capital		 0.00 229 217 344 372 389 576 743 787 766
Total Debt		 0.00 68 43 114 77 67 123 123 147 122
Total Long-Term Debt		 0.00 20 12 68 41 26 25 47 147 122
Net Debt		 0.00 -34 -65 28 -93 -230 3.27 -124 -114 -121
Capital Expenditures (CapEx)		 1.27 2.83 7.48 7.27 8.09 8.17 6.87 13 4.85 11
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 68 43 114 77 67 123 123 147 122
Total Depreciation and Amortization (D&A)		 1.73 2.59 -3.55 2.51 6.28 2.78 3.41 4.59 4.15 3.24
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $3.81 $3.91 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $3.81 $3.87 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 6.58M 7.09M 7.73M 7.58M 10.48M 10.14M 9.99M 11.20M
Normalized Net Operating Profit after Tax (NOPAT)		 15 15 26 27 38 45 45 76 65 71
Normalized NOPAT Margin		 31.09% 27.51% 34.39% 32.37% 35.99% 39.99% 36.44% 39.73% 41.27% 41.04%
Pre Tax Income Margin		 47.09% 43.45% 42.97% 41.66% 47.18% 52.79% 48.17% 51.56% 50.49% 50.71%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 3.81 3.12 2.16 1.76 3.60 7.22 4.79 2.02 1.16 1.26
NOPAT to Interest Expense		 2.51 1.98 1.71 1.37 2.74 5.47 3.63 1.52 0.96 1.02
EBIT Less CapEx to Interest Expense		 3.60 2.76 1.66 1.39 3.01 6.24 4.24 1.74 1.09 1.10
NOPAT Less CapEx to Interest Expense		 2.30 1.62 1.21 1.00 2.16 4.49 3.08 1.25 0.89 0.86
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 24.58% 26.42% 17.80% 20.47% 16.16% 19.22% 17.30% 16.05% 23.74% 73.43%
Augmented Payout Ratio		 41.93% 50.13% 58.84% 36.22% 27.64% 37.42% 48.96% 29.53% 72.43% 104.26%

Quarterly Metrics And Ratios for Bank First National

This table displays calculated financial ratios and metrics derived from Bank First National's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - 9,835,013.00 11,201,677.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 9,835,013.00 11,201,677.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 1.87 1.78
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 19.64% 119.29% -0.88% 0.15% 3.72% -46.83% 14.25% 7.04% 8.41% 12.10% 47.82%
EBITDA Growth		 28.47% 195.08% 15.77% 9.53% 13.51% -57.23% 32.58% 8.77% -0.64% 2.82% 0.27%
EBIT Growth		 40.83% 174.47% 20.97% 5.02% 5.14% -52.65% 28.45% 4.24% 8.68% 5.16% 11.62%
NOPAT Growth		 40.55% 171.71% 44.31% 13.64% 11.81% -49.74% 18.36% 5.08% 8.69% 4.85% 9.58%
Net Income Growth		 40.55% 171.71% 44.31% 13.64% 11.81% -49.74% 18.36% 5.08% 8.69% 4.85% 9.58%
EPS Growth		 13.49% 137.06% 38.53% 16.06% 15.38% -48.38% 20.53% 7.55% 10.91% 6.86% -2.20%
Operating Cash Flow Growth		 76.17% 1.44% -67.70% 0.00% 7.44% 51.72% 363.96% -20.61% -17.73% -5.82% -288.96%
Free Cash Flow Firm Growth		 -38.29% 23.85% 112.41% 88.09% 41.66% 79.80% -410.50% 98.68% 41.13% 248.48% -7.45%
Invested Capital Growth		 36.39% 29.02% -3.44% 7.81% 16.76% 5.96% 21.12% 2.42% 9.51% -2.70% 18.78%
Revenue Q/Q Growth		 1.25% 91.73% 0.00% 3.01% 4.87% -1.72% 7.61% -3.48% 6.21% 1.62% 41.90%
EBITDA Q/Q Growth		 -2.80% 184.62% 0.00% 17.93% 0.73% 7.25% -2.67% -3.16% 9.09% 0.00% -9.40%
EBIT Q/Q Growth		 4.16% 133.98% 0.00% 15.13% 4.28% 5.38% 1.53% -6.57% 8.72% 1.97% 7.77%
NOPAT Q/Q Growth		 4.76% 135.73% 0.00% 4.20% 3.07% 5.97% 4.00% -7.49% 6.61% 2.22% 8.69%
Net Income Q/Q Growth		 4.76% 135.73% 0.00% 4.20% 3.07% 5.97% 4.00% -7.49% 6.61% 2.22% 8.69%
EPS Q/Q Growth		 4.38% 137.06% 0.00% 5.30% 3.77% 6.06% 4.00% -6.04% 7.02% 2.19% -4.81%
Operating Cash Flow Q/Q Growth		 58.20% 16.14% 0.00% 0.00% 25.76% 64.01% -79.98% 92.28% 30.32% 87.75% -140.16%
Free Cash Flow Firm Q/Q Growth		 46.04% 18.70% 0.00% -192.55% -164.22% 71.85% -351.08% 99.61% -11,704.44% 171.00% -426.43%
Invested Capital Q/Q Growth		 -0.02% 11.73% 0.00% 9.18% 8.28% 1.39% 1.05% -7.68% 15.77% -9.91% 23.36%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 48.09% 71.38% 47.85% 54.78% 52.62% 57.42% 51.94% 52.11% 53.53% 52.67% 33.63%
EBIT Margin		 50.02% 61.04% 45.63% 50.99% 50.71% 54.37% 51.30% 49.65% 50.83% 51.00% 38.73%
Profit (Net Income) Margin		 37.66% 46.30% 40.83% 41.30% 40.59% 43.77% 42.30% 40.54% 40.70% 40.94% 31.35%
Tax Burden Percent		 75.28% 75.85% 89.49% 81.00% 80.05% 80.50% 82.46% 81.65% 80.06% 80.26% 80.95%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 24.72% 24.15% 10.51% 19.00% 19.95% 19.50% 17.54% 18.35% 19.94% 19.74% 19.05%
Return on Invested Capital (ROIC)		 9.84% 13.46% 0.00% 0.00% 10.86% 9.01% 9.49% 9.25% 8.46% 9.17% 7.01%
ROIC Less NNEP Spread (ROIC-NNEP)		 9.84% 13.46% 0.00% 0.00% 10.86% 9.01% 9.49% 9.25% 8.46% 9.17% 7.01%
Return on Net Nonoperating Assets (RNNOA)		 1.31% 3.08% 0.00% 0.00% 2.11% 1.93% 1.47% 1.69% 2.49% 1.92% 1.30%
Return on Equity (ROE)		 11.16% 16.54% 0.00% 0.00% 12.98% 10.95% 10.95% 10.94% 10.94% 11.09% 8.31%
Cash Return on Invested Capital (CROIC)		 -21.68% -14.04% 0.00% 0.00% -3.95% 2.79% -9.68% 7.15% -0.39% 11.95% -8.75%
Operating Return on Assets (OROA)		 1.95% 2.97% 0.00% 0.00% 2.33% 1.96% 1.94% 1.93% 1.97% 1.97% 1.42%
Return on Assets (ROA)		 1.47% 2.25% 0.00% 0.00% 1.87% 1.58% 1.60% 1.58% 1.58% 1.58% 1.15%
Return on Common Equity (ROCE)		 11.16% 16.54% 0.00% 0.00% 12.98% 10.95% 10.95% 10.94% 10.94% 11.09% 8.31%
Return on Equity Simple (ROE_SIMPLE)		 9.09% 0.00% 0.00% 0.00% 13.19% 0.00% 10.55% 11.30% 11.25% 0.00% 8.93%
Net Operating Profit after Tax (NOPAT)		 15 35 15 16 17 18 18 17 18 18 20
NOPAT Margin		 37.66% 46.30% 40.83% 41.30% 40.59% 43.77% 42.30% 40.54% 40.70% 40.94% 31.35%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 35.32% 18.13% 39.64% 34.79% 35.02% 35.17% 34.98% 36.11% 33.14% 35.60% 43.67%
Operating Expenses to Revenue		 49.98% 38.29% 53.84% 49.01% 49.29% 48.13% 47.78% 49.87% 47.70% 49.00% 61.27%
Earnings before Interest and Taxes (EBIT)		 20 46 17 20 21 22 22 21 22 23 25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 19 54 18 21 21 23 22 22 24 24 21
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.36 1.39 0.00 0.00 1.44 1.55 1.49 1.89 1.90 2.12 1.84
Price to Tangible Book Value (P/TBV)		 2.11 2.07 0.00 0.00 2.11 2.23 2.14 2.76 2.74 3.02 2.86
Price to Revenue (P/Rev)		 5.22 4.51 0.00 0.00 4.71 6.29 5.95 6.99 7.06 7.85 7.75
Price to Earnings (P/E)		 15.00 11.59 0.00 0.00 10.95 15.11 14.17 16.72 16.89 19.09 20.58
Dividend Yield		 1.45% 1.35% 0.00% 0.00% 1.54% 1.56% 1.69% 4.46% 4.37% 4.35% 3.96%
Earnings Yield		 6.67% 8.63% 0.00% 0.00% 9.13% 6.62% 7.06% 5.98% 5.92% 5.24% 4.86%
Enterprise Value to Invested Capital (EV/IC)		 1.20 1.00 0.00 0.00 1.10 1.11 1.03 1.58 1.52 1.62 1.31
Enterprise Value to Revenue (EV/Rev)		 5.30 3.86 0.00 0.00 4.41 5.57 5.01 7.00 7.63 7.15 6.34
Enterprise Value to EBITDA (EV/EBITDA)		 11.77 7.15 0.00 0.00 7.91 10.48 9.14 12.74 14.20 13.60 13.49
Enterprise Value to EBIT (EV/EBIT)		 11.48 7.48 0.00 0.00 8.20 11.02 9.66 13.59 14.81 14.10 13.60
Enterprise Value to NOPAT (EV/NOPAT)		 15.22 9.92 0.00 0.00 10.26 13.37 11.92 16.74 18.24 17.39 16.85
Enterprise Value to Operating Cash Flow (EV/OCF)		 15.16 13.96 0.00 0.00 15.38 13.31 11.53 17.14 20.05 19.90 27.63
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 41.10 0.00 22.34 0.00 13.41 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.15 0.20 0.08 0.17 0.23 0.23 0.23 0.20 0.35 0.19 0.15
Long-Term Debt to Equity		 0.12 0.08 0.08 0.17 0.23 0.23 0.23 0.20 0.35 0.19 0.15
Financial Leverage		 0.13 0.23 0.14 0.17 0.19 0.21 0.15 0.18 0.29 0.21 0.19
Leverage Ratio		 7.60 7.35 7.06 6.95 6.95 6.92 6.84 6.94 6.93 7.01 7.20
Compound Leverage Factor		 7.60 7.35 7.06 6.95 6.95 6.92 6.84 6.94 6.93 7.01 7.20
Debt to Total Capital		 13.16% 16.56% 7.20% 14.27% 18.98% 18.72% 18.47% 16.60% 26.11% 15.93% 13.22%
Short-Term Debt to Total Capital		 2.59% 10.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 10.58% 6.36% 7.20% 14.27% 18.98% 18.72% 18.47% 16.60% 26.11% 15.93% 13.22%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 86.84% 83.44% 92.80% 85.73% 81.02% 81.28% 81.53% 83.40% 73.89% 84.07% 86.78%
Debt to EBITDA		 1.29 1.19 0.00 0.00 1.37 1.76 1.65 1.34 2.45 1.33 1.36
Net Debt to EBITDA		 0.17 -1.20 0.00 0.00 -0.53 -1.36 -1.73 0.02 1.06 -1.33 -2.99
Long-Term Debt to EBITDA		 1.04 0.46 0.00 0.00 1.37 1.76 1.65 1.34 2.45 1.33 1.36
Debt to NOPAT		 1.67 1.65 0.00 0.00 1.78 2.25 2.15 1.76 3.14 1.71 1.70
Net Debt to NOPAT		 0.22 -1.67 0.00 0.00 -0.69 -1.74 -2.25 0.02 1.36 -1.70 -3.74
Long-Term Debt to NOPAT		 1.34 0.63 0.00 0.00 1.78 2.25 2.15 1.76 3.14 1.71 1.70
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -163 -132 39 -36 -95 -27 -120 -0.47 -56 40 -129
Operating Cash Flow to CapEx		 383.33% 934.71% 170.82% 0.00% 1,017.94% 907.30% 286.39% 327.51% 519.01% 1,077.20% -222.35%
Free Cash Flow to Firm to Interest Expense		 -12.57 -8.39 2.44 -2.20 -5.23 -1.47 -6.51 -0.03 -3.25 2.41 -6.35
Operating Cash Flow to Interest Expense		 1.35 1.29 0.08 0.00 1.03 1.69 0.33 0.66 0.90 1.76 -0.57
Operating Cash Flow Less CapEx to Interest Expense		 1.00 1.15 0.03 0.00 0.93 1.51 0.22 0.46 0.73 1.60 -0.83
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.05 0.00 0.00 0.05 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 2.35 3.03 0.00 0.00 2.74 2.23 2.29 2.30 2.29 2.31 2.35
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 665 743 657 717 776 787 795 734 850 766 945
Invested Capital Turnover		 0.26 0.29 0.00 0.00 0.27 0.21 0.22 0.23 0.21 0.22 0.22
Increase / (Decrease) in Invested Capital		 177 167 -23 52 111 44 139 17 74 -21 149
Enterprise Value (EV)		 798 739 0.00 0.00 851 876 815 1,159 1,289 1,243 1,234
Market Capitalization		 787 864 0.00 0.00 908 990 969 1,157 1,193 1,365 1,508
Book Value per Share		 $55.57 $59.79 $60.08 $60.96 $62.80 $63.89 $64.88 $61.74 $63.87 $65.46 $73.19
Tangible Book Value per Share		 $35.96 $40.30 $40.30 $41.21 $43.06 $44.28 $45.36 $42.21 $44.30 $46.01 $47.13
Total Capital		 665 743 657 717 776 787 795 734 850 766 945
Total Debt		 88 123 47 102 147 147 147 122 222 122 125
Total Long-Term Debt		 70 47 47 102 147 147 147 122 222 122 125
Net Debt		 12 -124 -36 3.37 -57 -114 -154 1.59 96 -121 -274
Capital Expenditures (CapEx)		 4.56 2.17 0.78 0.00 1.85 3.40 2.15 3.62 2.98 2.69 5.24
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 88 123 47 102 147 147 147 122 222 122 125
Total Depreciation and Amortization (D&A)		 -0.76 7.79 0.84 1.48 0.78 1.22 0.28 1.02 1.19 0.75 -3.26
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.43 $3.39 $1.51 $1.59 $1.65 $1.75 $1.82 $1.71 $1.83 $1.87 $1.78
Adjusted Weighted Average Basic Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M
Adjusted Diluted Earnings per Share		 $1.43 $3.39 $1.51 $1.59 $1.65 $1.75 $1.82 $1.71 $1.83 $1.87 $1.78
Adjusted Weighted Average Diluted Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 10.37M 10.14M 10.08M 10.01M 10.01M 9.99M 9.92M 9.83M 9.84M 11.20M 11.16M
Normalized Net Operating Profit after Tax (NOPAT)		 15 36 15 16 17 17 18 17 18 18 20
Normalized NOPAT Margin		 37.76% 47.90% 40.72% 40.34% 40.59% 43.40% 42.30% 40.23% 40.70% 40.94% 31.11%
Pre Tax Income Margin		 50.02% 61.04% 45.63% 50.99% 50.71% 54.37% 51.30% 49.65% 50.83% 51.00% 38.73%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.52 2.92 1.08 1.21 1.14 1.20 1.20 1.16 1.31 1.39 1.21
NOPAT to Interest Expense		 1.14 2.22 0.97 0.98 0.91 0.96 0.99 0.94 1.05 1.12 0.98
EBIT Less CapEx to Interest Expense		 1.17 2.78 1.03 0.00 1.04 1.01 1.08 0.95 1.13 1.23 0.95
NOPAT Less CapEx to Interest Expense		 0.79 2.08 0.92 0.00 0.81 0.78 0.87 0.74 0.87 0.95 0.72
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 21.17% 16.05% 0.00% 0.00% 17.12% 23.74% 24.14% 75.35% 74.37% 73.43% 73.21%
Augmented Payout Ratio		 38.53% 29.53% 0.00% 0.00% 56.76% 72.43% 47.58% 109.66% 105.57% 104.26% 98.79%

Financials Breakdown Chart

Key Financial Trends

Bank First National (BFC) has shown a pattern of steady profitability with modest loan growth and a well-funded balance sheet across the last four years. The Q4 2025 results highlight continued earnings traction, a solid net interest income base, and a strong capital position, alongside active management of financing activities.

  • Net income remains firmly positive and persistent across quarters, with Q4 2025 consolidated net income attributable to common shareholders around $18.39 million and basic earnings per share about $1.87, indicating stable profitability.
  • Net interest income stays a primary earnings driver, with roughly $40.2 million in Q4 2025, and roughly $36.5–$38.3 million in the prior consecutive quarters, showing a steady core margin despite rate changes.
  • Loans and leases, net of allowance, have grown to about $3.58 billion by Q3 2025 from roughly $3.50 billion earlier in 2025, signaling portfolio expansion and ongoing credit demand.
  • Funding remains solid, with total deposits around $3.6–3.8 billion in 2024–2025 (non-interest bearing about $0.99 billion and interest-bearing around $2.55–$2.65 billion), supporting liquidity and lending capacity.
  • The company maintains a strong capitalization, with total common equity near $609–$629 million over 2023–2025 (Q3 2025 shows Total Common Equity of about $628.1 million), indicating ample capital to support growth and risk management.
  • Operating cash flow remains positive in every quarter of 2023–2025, reflecting consistent cash generation from core activities (e.g., net cash from continuing operating activities ranges across quarters but stays positive).
  • Non-interest income provides diversification to net interest income, contributing several million dollars per quarter and helping to cushion earnings variability.
  • Financing activities display some volatility, driven by debt issuance and repayments, which can shift quarterly cash flows but ultimately support liquidity management and funding flexibility.
  • Financing activity swings include periods with sizable debt repayments and other outflows, which temporarily depress net cash from financing activities and net change in cash in certain quarters.
  • Credit risk remains a consideration, as loan loss provisions are modest but could rise if macro conditions deteriorate; ongoing monitoring of asset quality is prudent even though current provisions are relatively small.
05/19/26 02:15 PM ETAI Generated. May Contain Errors.

Bank First National Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Bank First National's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Bank First National's net income appears to be on an upward trend, with a most recent value of $71.50 million in 2025, rising from $14.91 million in 2016. The previous period was $65.56 million in 2024. Find out what analysts predict for Bank First National in the coming months.

Over the last 9 years, Bank First National's total revenue changed from $48.04 million in 2016 to $173.88 million in 2025, a change of 262.0%.

Bank First National's total liabilities were at $3.86 billion at the end of 2025, a 0.2% increase from 2024, and a 142.7% increase since 2017.

In the past 8 years, Bank First National's cash and equivalents has ranged from $29.17 million in 2021 to $69.97 million in 2023, and is currently $55.35 million as of their latest financial filing in 2025.

Over the last 9 years, Bank First National's book value per share changed from 0.00 in 2016 to 65.46 in 2025, a change of 6,546.4%.


Related Companies

Financial statements for NASDAQ:BFC last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
Iran's New Leader Just Said Something That Should Terrify Every American
Iran's Supreme Leader has declared the Strait of Hormuz closed as leverage against the U.S. - and with 40% of ...
American Alternative | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
In the next 3 minutes… James Altucher – legendary investor and venture capitalist… And someone who’s kno...
Paradigm Press | Sponsoredtc pixel
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
Why this tiny stock may move before the SpaceX IPO drops
The projected SpaceX and xAI S-1 filing hits the SEC on June 1st - and analyst Dylan Jovine says $1.75 trillio...
Behind the Markets | Sponsoredtc pixel
SpaceX IPO hides a much bigger story
The SpaceX IPO could be the biggest in history at $1.75 trillion - but the real story isn't the IPO itself. ...
Weiss Ratings | Sponsoredtc pixel