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Stocks · Financials · National Commercial Banks

Bank First Corp

BFC Clue Score66
United States Fiscal year ends December CIK 0001746109
$145.41 -1.74% Close, 9 Oct 2026
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Price $145.41 +109.68% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income14.9EPS, diluted2.40Fiscal year 2017Net income15.3 +2.7%EPS, diluted2.44 +1.7%Fiscal year 2018Net income25.5 +66.2%EPS, diluted3.81 +56.1%Fiscal year 2019Net income26.7 +4.9%EPS, diluted3.87 +1.6%Fiscal year 2020Net income38.0 +42.5%EPS, diluted5.07 +31.0%Fiscal year 2021Net income45.4 +19.4%EPS, diluted5.92 +16.8%Fiscal year 2022Net income45.2 −0.5%EPS, diluted5.58 −5.7%Fiscal year 2023Net income74.5 +64.8%EPS, diluted7.28 +30.5%Fiscal year 2024Net income65.6 −12.0%EPS, diluted6.50 −10.7%Fiscal year 2025Net income71.5 +9.0%EPS, diluted7.23 +11.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 14.9 15.3 25.5 26.7 38.0 45.4 45.2 74.5 65.6 71.5
Growth +2.7% +66.2% +4.9% +42.5% +19.4% −0.5% +64.8% −12.0% +9.0%
EPS, diluted 2.40 2.44 3.81 3.87 5.07 5.92 5.58 7.28 6.50 7.23
Growth +1.7% +56.1% +1.6% +31.0% +16.8% −5.7% +30.5% −10.7% +11.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow14.4Capital expenditure−1.3Free cash flow13.1Buybacks−2.6Fiscal year 2017Operating cash flow18.3Capital expenditure−2.8Free cash flow15.5 +17.9%Buybacks−3.6Fiscal year 2018Operating cash flow23.1Capital expenditure−7.9Free cash flow15.1 −2.4%Buybacks−10.4Fiscal year 2019Operating cash flow22.6Capital expenditure−7.3Free cash flow15.4 +1.7%Buybacks−4.2Fiscal year 2020Operating cash flow44.0Capital expenditure−8.4Free cash flow35.6 +131.4%Buybacks−4.4Fiscal year 2021Operating cash flow40.3Capital expenditure−8.7Free cash flow31.6 −11.3%Buybacks−8.3Fiscal year 2022Operating cash flow40.0Capital expenditure−6.9Free cash flow33.1 +5.0%Buybacks−14.3Fiscal year 2023Operating cash flow52.9Capital expenditure−13.5Free cash flow39.5 +19.1%Buybacks−10.0Fiscal year 2024Operating cash flow65.8Capital expenditure−7.2Free cash flow58.6 +48.6%Buybacks−31.9Fiscal year 2025Operating cash flow62.5Capital expenditure−11.4Free cash flow51.0 −12.9%Buybacks−22.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 14.4 18.3 23.1 22.6 44.0 40.3 40.0 52.9 65.8 62.5
Capital expenditure −1.3 −2.8 −7.9 −7.3 −8.4 −8.7 −6.9 −13.5 −7.2 −11.4
Free cash flow 13.1 15.5 15.1 15.4 35.6 31.6 33.1 39.5 58.6 51.0
Growth +17.9% −2.4% +1.7% +131.4% −11.3% +5.0% +19.1% +48.6% −12.9%
Buybacks −2.6 −3.6 −10.4 −4.2 −4.4 −8.3 −14.3 −10.0 −31.9 −22.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash80.2Shareholders’ equity127.5Fiscal year 2017Cash102.0Total debt3.5Net cash (debt)98.5Shareholders’ equity161.7Debt to equity0.02Fiscal year 2018Cash107.7Total debt0.0Net cash (debt)107.7Shareholders’ equity174.3Debt to equity0.00Fiscal year 2019Cash86.5Total debt39,800.0Net cash (debt)−39,713.5Shareholders’ equity230.2Debt to equity172.88Fiscal year 2020Cash170.2Total debt23.3Net cash (debt)146.9Shareholders’ equity294.9Debt to equity0.08Fiscal year 2021Cash296.9Total debt8.0Net cash (debt)288.9Shareholders’ equity322.7Debt to equity0.02Fiscal year 2022Cash119.4Shareholders’ equity453.1Fiscal year 2023Cash247.5Shareholders’ equity619.8Fiscal year 2024Cash261.3Shareholders’ equity639.7Fiscal year 2025Cash243.2Shareholders’ equity643.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 80.2 102.0 107.7 86.5 170.2 296.9 119.4 247.5 261.3 243.2
Total debt n/a 3.5 0.0 39,800.0 23.3 8.0 n/a n/a n/a n/a
Net cash (debt) n/a 98.5 107.7 −39,713.5 146.9 288.9 n/a n/a n/a n/a
Shareholders’ equity 127.5 161.7 174.3 230.2 294.9 322.7 453.1 619.8 639.7 643.8
Debt to equity n/a 0.02 0.00 172.88 0.08 0.02 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
22.6 24.1 32.1 34.3 49.9 60.0 59.6 98.8 79.5 88.2
7.7 8.8 6.6 7.6 11.8 14.5 14.4 24.3 14.0 16.7
14.9 15.3 25.5 26.7 38.0 45.4 45.2 74.5 65.6 71.5
Growth +2.7% +66.2% +4.9% +42.5% +19.4% −0.5% +64.8% −12.0% +9.0%
Per share
2.40 2.44 3.81 3.91 5.07 5.92 5.58 7.28 6.50 7.23
2.40 2.44 3.81 3.87 5.07 5.92 5.58 7.28 6.50 7.23
Growth +1.7% +56.1% +1.6% +31.0% +16.8% −5.7% +30.5% −10.7% +11.2%
n/a n/a 6.7 6.8 7.4 7.6 8.0 10.2 10.0 9.8
6.2 6.3 6.7 6.9 7.5 7.6 8.1 10.2 10.1 9.9
Growth +1.0% +6.2% +3.1% +8.7% +2.2% +5.6% +26.4% −1.4% −1.9%

Five years in brief

Worked out from the figures above, not from a press release
  • The diluted share count rose 31.9% in five years, which is dilution.
  • Profitable in every one of the 10 years on file.