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Bank First Corp

BFC

$153.28 ▼ -1.78 (-1.15%) at close

11 Visible periods

36 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

Bank First Corp shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $1.5B

Dividend Yield 3.46%

Revenue Growth 10.4% ↗

Op. Margin 50.7% →

ROIC None

FCF / Share None

Trailing P/E 21.2x

Price / Book 2.3x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

11-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$173.88M

↑ +10.4% —

Net Income Profit after all expenses

$71.50M

↑ +9.0% —

Operating Margin Operating profit as % of sales

50.7%

— +0.4% 97th

Long-Term Debt Long-term obligations

$23.34M

↓ -41.4% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability →

Returns ↓

Dividend History

Dividend / share · sourced from SEC filings

$5.30 Latest / share

+241.9% YoY

+27.6% 10-yr CAGR

FY 2015

$0.59

FY 2016

$0.64

FY 2017

$0.68

FY 2018

$0.80

FY 2019

$0.81

FY 2020

$1.14

FY 2021

$0.94

FY 2022

$1.15

FY 2023

$1.55

FY 2024

$5.30

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Revenue Growth YoY (%)	10.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+74%)	-17.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-397%)	54.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+810%)	9.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+51%)	3.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-51%)	34.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+468%)	10.3% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+72%)	34.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+470%)	15.7% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+162%)	—	—
EPS Growth YoY (%)	11.2% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-10.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	30.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-5.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	16.8% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	29.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	2.6% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	56.1% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	1.7% Caution Caution Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	9.0% Fair ↓ Fair Declining Year-over-year change in net income	-12.0% Weak ↓ Weak Declining Year-over-year change in net income	64.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-0.5% Weak ↓ Weak Declining Year-over-year change in net income	19.4% Good ↓ Good Declining Year-over-year change in net income	42.5% Excellent ↑ Excellent Improving Year-over-year change in net income	4.9% Caution ↓ Caution Declining Year-over-year change in net income	66.2% Excellent Excellent Year-over-year change in net income	2.7% Caution Caution Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	11.9% Good ↓ Good Declining Compound annual revenue growth over 3 years	11.5% Good ↓ Good Declining Compound annual revenue growth over 3 years	20.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	14.6% Good ↓ Good Declining Compound annual revenue growth over 3 years	15.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	25.7% Excellent Excellent Compound annual revenue growth over 3 years	19.7% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	9.5% Good ↓ Good Declining Compound annual revenue growth over 5 years	13.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	20.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	17.4% Excellent Excellent Compound annual revenue growth over 5 years	18.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	9.0% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	3.2% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	12.8% Good ↓ Good Declining Compound annual EPS growth over 3 years	12.6% Good ↓ Good Declining Compound annual EPS growth over 3 years	15.8% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	27.6% Excellent Excellent Compound annual EPS growth over 3 years	17.7% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Operating Margin (%) (%)	50.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+103%)	50.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+102%)	51.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+106%)	48.1% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+92%)	52.8% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+111%)	—	—	—	—	—	—
Effective Tax Rate (%) (%)	18.9% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.5% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.6% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.2% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.2% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—
Profit Margin (%) (%)	41.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	41.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+89%)	38.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+77%)	36.5% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	40.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+82%)	34.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+57%)	32.4% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+47%)	34.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+55%)	27.5% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+25%)	31.0% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+41%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	1.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.5% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	1.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	0.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	11.1% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	10.2% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	12.0% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	10.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-17%)	14.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+17%)	12.9% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+8%)	11.6% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	14.6% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+22%)	9.5% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	11.7% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Debt to Equity (x)	—	—	—	—	—	0.08x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-93%)	0.17x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-86%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Revenue per Share (USD)	$17.66	$15.70	$18.83	$15.41	$14.91	$14.83	$12.16	—	—	—	—
Basic EPS, GAAP (USD)	$7.23	$6.50	$7.28	$5.58	$5.92	$5.07	$3.91	$3.81	$2.44	$2.40	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$5.30	$1.55	$1.15	$0.94	$1.14	$0.81	$0.80	$0.68	$0.64	$0.59	—
Book Value per Share (USD)	$65.47	$63.89	$59.80	$50.22	$42.36	$38.25	$32.49	$26.37	$23.76	—	—
Tangible Book Value per Share (USD)	$47.66	$46.40	$42.90	$38.01	$35.09	$29.86	$27.12	$23.30	$21.90	—	—
Basic Weighted Avg Shares (shares)	9.84M	10.03M	10.17M	8.04M	7.62M	7.44M	6.77M	—	—	—	—
Dividend Payout Ratio (%)	—	—	—	16.8% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	19.3% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	16.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	20.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	17.8% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	26.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	24.6% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Working Capital (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LT Debt (USD)	—	—	—	—	—	$23.34M	$39.80M	$0.00	—	—	—
Total Equity (USD)	$643.84M	$639.68M	$619.80M	$453.10M	$322.65M	$294.86M	$230.21M	$174.32M	$161.73M	$127.52M	$118.93M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Sales/Revenue/Turnover (USD)	$173.88M	$157.48M	$191.59M	$123.93M	$113.62M	$110.36M	$82.30M	$74.60M	$55.59M	$48.04M	—
Depreciation Expense (USD)	$2.40M	$2.30M	$2.07M	$1.66M	$1.78M	—	—	—	—	—	—
Net Income, GAAP (USD)	$71.50M	$65.56M	$74.51M	$45.21M	$45.44M	$38.05M	$26.69M	$25.46M	$15.31M	$14.91M	—
Operating Cash Flow (USD)	$62.48M	$65.85M	$52.95M	$40.01M	$40.28M	$43.96M	$22.65M	$23.05M	$18.32M	$14.41M	—

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Net Interest Margin (approx.) (%)	3.4%	3.1%	3.2%	2.8%	3.1%	3.2%	3.2%	3.5%	2.6%	—	—
Efficiency Ratio (%) (%)	48.6%	50.0%	46.0%	50.1%	44.5%	48.3%	52.0%	53.1%	54.7%	52.2%	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 11 years · 38 quarters

Bank First Corp

Analytical Summary

11-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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