Bank First Corporation logo BFC - Bank First Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $157.00 DETAILS
HIGH: $157.00
LOW: $157.00
MEDIAN: $157.00
CONSENSUS: $157.00
UPSIDE: 10.66%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 240.4 223.2 186.5 130.8 116.8 117.0 97.1 84.5 59.3 50.0 45.8 45.0 42.8 43.8 40.8 46.9 52.1 54.1 53.2 48.5 40.0 34.5 35.1 37.4 26.3 22.8 16.8 17.0
Cost of Revenue 71.3 67.8 53.7 14.6 11.4 21.0 24.7 17.8 8.8 6.3 6.1 6.8 6.4 8.7 9.5 16.1 16.9 23.9 23.5 21.3 15.1 9.2 10.9 13.9 21.0 20.1 14.5 15.0
Gross Profit 169.1 155.4 132.8 116.1 105.4 96.0 72.4 66.7 50.5 43.7 39.8 38.2 36.5 35.1 31.4 30.8 35.2 30.2 29.7 27.2 24.9 25.3 24.1 23.5 5.3 2.7 2.4 2.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 55.9 43.1 42.5 34.5 28.7 33.9 28.3 26.0 20.2 16.4 14.5 13.6 13.8 13.7 13.8 15.4 20.4 17.9 15.0 0 10.4 9.3 8.8 8.7 7.4 6.0 5.0 4.1
Other Expenses 25.1 32.9 (8.5) 22.0 16.7 12.3 9.8 8.7 6.2 4.8 5.1 5.7 6.2 6.9 6.2 5.6 6.1 6.3 5.0 18.5 5.9 5.7 5.6 5.9 (8.4) (9.5) (8.5) (7.9)
Operating Expenses 81.0 75.9 34.0 56.5 45.4 46.2 38.1 34.7 26.4 21.1 19.6 19.3 20.0 20.6 20.0 21.0 26.4 24.2 20.0 18.5 16.3 15.0 14.4 14.5 (1.0) (3.5) (3.6) (3.8)
Operating Income
Operating Income 88.2 79.5 98.8 59.6 60.0 49.9 34.3 32.1 24.1 22.6 20.1 18.9 16.5 14.5 11.4 9.8 8.8 6.0 9.7 8.7 8.5 10.3 9.7 8.9 6.3 6.2 5.9 5.8
Interest Expense 70.1 68.6 49.0 12.4 8.3 13.9 19.5 14.8 7.7 5.9 5.1 4.8 4.9 5.8 7.4 9.5 13.1 17.6 21.6 19.3 12.9 8.8 9.7 12.0 18.0 19.0 13.6 14.2
Interest Income 221.7 206.4 182.5 116.5 98.4 100.7 89.2 77.9 53.5 44.7 41.1 39.7 39.0 38.2 37.7 38.1 38.4 40.4 42.7 39.8 33.0 28.0 27.2 30.8 35.4 35.0 27.1 26.8
Profitability
EBITDA 93.8 87.6 107.2 63.6 63.2 53.0 36.6 33.9 25.4 23.5 21.1 19.8 17.5 15.5 12.4 10.7 10.1 7.0 10.5 8.7 10.1 12.1 11.7 10.6 7.8 7.5 6.7 6.5
EBIT 88.2 79.5 98.8 59.6 60.0 49.9 34.3 32.1 24.1 22.6 20.1 18.9 16.5 14.5 11.4 9.8 8.8 6.0 9.7 8.7 8.5 10.3 9.7 8.9 6.3 6.2 5.9 5.8
Income Before Tax 88.2 79.5 98.8 59.6 60.0 49.9 34.3 32.1 24.1 22.6 20.1 18.9 16.5 14.5 11.4 9.8 8.8 6.0 9.7 8.7 8.5 10.3 9.7 8.9 6.3 6.2 5.9 5.8
Income Tax Expense 16.7 13.9 24.3 14.4 14.5 11.8 7.6 6.6 8.8 7.7 6.8 6.3 4.9 4.1 2.9 2.3 2.1 (0.2) 2.3 1.8 1.7 2.4 2.1 1.8 0.9 0.9 1.0 1.2
Net Income 71.5 65.6 74.5 45.2 45.4 38.0 26.7 25.5 15.3 14.9 13.4 12.6 11.6 10.4 8.5 7.5 6.7 6.2 7.4 6.9 6.8 7.9 7.6 7.1 5.4 5.3 4.9 4.6
Per Share Data
EPS (Basic) 7.23 6.50 7.28 5.58 5.92 5.07 3.91 3.81 2.44 2.40 2.13 1.99 1.79 1.58 1.30 1.13 0.88 0.94 1.10 1.03 1.00 1.14 1.10 1.02 0.78 1.53 1.42 2.65
EPS (Diluted) 7.23 6.50 7.26 5.56 5.90 5.05 3.87 3.81 2.44 2.40 2.13 1.99 1.79 1.58 1.30 1.13 0.88 0.94 1.10 1.03 1.00 1.14 1.10 1.02 0.78 1.53 1.42 2.65
Shares Outstanding 9.8 10.0 10.2 8.0 7.6 7.4 6.8 6.7 6.3 6.2 6.3 6.3 6.5 6.6 6.6 6.6 6.6 6.6 6.7 6.7 6.8 6.9 6.9 7.0 3.5 3.5 3.5 1.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 55.3 261.3 247.5 119.4 296.9 170.2 53.1 63.3 53.1 40.3 21.2 21.5 18.5 24.3 35.6 39.9 26.4 40.7 30.8
Short-Term Investments 0 153.0 160.0 305.0 212.7 165.8 185.6 118.9 119.0 111.3 0 0 0 0 0 0 0 0 0
Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 55.3 414.3 407.4 424.4 509.5 335.3 238.7 182.2 172.1 151.6 21.2 21.5 18.5 24.3 35.6 39.9 26.4 40.7 30.8
Non-Current Assets
Property, Plant & Equipment 79.2 71.1 69.9 56.4 49.5 43.2 35.3 24.5 18.6 13.3 9.0 10.3 8.8 8.6 8.7 9.4 9.5 8.9 4.2
Goodwill 175.1 175.1 175.1 110.2 55.4 55.5 43.5 15.0 15.1 8.0 7.9 16.5 0 0 0 9.0 0 0 0
Intangible Assets 16.2 34.6 40.7 26.4 9.1 9.2 9.7 5.3 5.6 2.4 2.3 6.9 0 11.1 0 2.0 7.9 0 0
Long-Term Investments 4,081.6 3,713.7 3,442.2 2,977.3 2,273.8 2,232.5 1,810.4 1,487.0 1,454.7 1,072.5 752.4 701.7 539.4 505.4 479.3 451.7 439.6 392.5 323.0
Other Non-Current Assets 94.2 86.3 86.5 65.7 40.3 42.5 72.7 79.2 87.4 68.1 46.0 37.3 44.6 32.5 31.1 15.3 12.0 11.7 8.9
Total Non-Current Assets 4,465.8 4,080.8 3,814.4 3,236.1 2,428.0 2,382.8 1,971.5 1,611.0 1,581.3 1,164.4 817.6 772.6 603.7 557.6 530.2 487.4 469.0 421.8 337.0
Total Assets 4,521.2 4,495.1 4,221.8 3,660.4 2,937.6 2,718.0 2,210.2 1,793.2 1,753.4 1,316.0 838.8 794.1 622.2 582.0 565.8 527.3 495.4 462.5 367.8
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 30.1 0 75.7 97.2 41.1 36.4 45.9 31.5 52.6 50.1 4.2 0 86.6 71.9 51.6 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 3,661.1 3,432.9 3,060.2 2,528.4 2,321.0 1,843.3 1,557.2 1,506.6 1,127.0 641.1 590.9 445.8 428.3 416.1 394.1 394.6 363.3 276.5
Total Current Liabilities 30.1 3,661.1 3,508.7 3,157.4 2,569.6 2,357.3 1,889.2 1,588.7 1,559.2 1,177.1 645.3 590.9 532.4 500.2 467.7 394.1 394.6 363.3 276.5
Non-Current Liabilities
Long-Term Debt 92.0 147.4 51.4 25.4 25.5 41.0 68.4 11.5 15 0 26.3 28.2 17.3 15.3 37.4 47.2 23 38 28.8
Deferred Tax Liabilities 15.1 0 0 0 0 0 0 0 0 4.3 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,738.7 46.9 42.0 24.5 19.8 24.9 22.4 18.7 17.5 11.3 85.8 97.6 6.6 6.2 6.4 39.5 36.3 26.7 28.6
Total Non-Current Liabilities 3,847.2 194.3 93.4 49.9 45.3 65.8 90.8 30.2 32.5 11.3 112.1 125.7 23.9 21.5 43.8 86.7 59.3 64.7 57.4
Total Liabilities 3,877.3 3,855.4 3,602.0 3,207.3 2,614.9 2,423.2 1,980.0 1,618.8 1,591.7 1,188.5 757.5 716.7 556.3 521.7 511.5 480.8 453.9 428.0 333.9
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 7.6 7.6 7.6 7.6 3.8 3.8 1.9
Retained Earnings 417.0 398.0 348.0 295.5 258.1 221.4 189.5 168.4 145.9 134.8 78.4 75.3 56.9 50.6 44.4 38.6 38.0 33.7 30.9
Accumulated Other Comprehensive Income (5.0) (9.4) (8.7) (15.6) 3.6 5.8 2.5 (0.4) 1.0 0.3 2.0 1.3 2.1 2.8 3.0 1.0 0.4 (2.9) 1.2
Total Stockholders' Equity 643.8 639.7 619.8 453.1 322.7 294.9 230.2 174.3 161.7 127.5 81.3 77.5 65.9 60.2 54.3 46.5 41.5 34.5 33.9
Total Liabilities & Equity 4,521.2 4,495.1 4,221.8 3,660.4 2,937.6 2,718.0 2,210.2 1,793.2 1,753.4 1,316.0 838.8 794.1 622.2 582.0 565.8 527.3 495.4 462.5 367.8
Debt Metrics
Total Debt 123.6 147.4 127.1 122.6 66.6 77.3 114.3 43.0 67.6 50.1 30.5 28.2 103.9 87.3 89.0 47.2 23 38 28.8
Net Debt 68.2 (114.0) (120.3) 3.3 (230.2) (92.9) 61.2 (20.3) 14.5 9.8 9.4 6.7 85.4 62.9 53.4 7.3 (3.4) (2.7) (2.0)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 71.5 65.6 74.5 45.2 45.4 38.0 26.7 25.5 15.3 14.9 6.8 7.9 7.6 7.1 5.4 5.3 4.9 4.6
Depreciation & Amortization 7.4 8.0 8.4 4.0 3.2 3.2 2.3 1.9 1.3 0.9 1.5 1.7 2.0 1.7 1.5 1.2 0.7 0.7
Stock-Based Compensation 2.1 2.2 2.1 1.7 1.4 1.1 0.7 0.6 0.5 0.4 0 0 0 0 0 0 0 0
Change in Working Capital (4.5) 2.9 12.5 (0.4) (4.4) 7.0 0.3 1.8 5.4 0.7 (0.3) (0.9) 0.1 0.9 0 0 0 0
Other Non-Cash Items (14.3) (14.6) (42.9) (9.6) (5.4) (5.2) (8.3) (7.7) (4.7) (2.4) 1.1 (0.7) 0.3 1.7 0.9 1.7 (0.2) 1.1
Operating Cash Flow 62.5 65.8 52.9 40.0 40.3 44.0 22.6 23.1 18.3 14.4 9.2 8.0 10.0 11.3 7.9 8.3 5.5 6.2
Investing Activities
Capital Expenditure (11.4) (7.2) (13.5) (6.9) (8.7) (8.4) (7.3) (7.9) (2.8) (1.3) (0.8) (0.9) (0.7) (0.3) (0.4) (1.4) (2.1) (0.7)
Acquisitions 0 0 90.0 154.4 0 35.3 (9.8) 0 (19.9) 0 (2.0) (0.1) 0 0 (0.1) 0 (4.3) 0
Purchases of Investments (212.7) (302.2) (26.6) (142.4) (93.8) (28.8) (117.5) (22.9) (49.6) (44.7) (22.7) (89.6) (65.1) (39.1) (51.5) (59.2) (68.0) (46.1)
Sales/Maturities of Investments 287.3 216.6 254.7 14.7 43.1 133.2 59.9 22.7 62.4 30.7 23.1 69.4 61.2 32.4 34.0 15.0 45.5 30.8
Other Investing Activities (79.1) (160.1) (35.5) (197.6) (34.5) (337.4) (31.4) (22.0) (31.5) (67.8) (21.0) (15.3) (34.6) (17.6) 0.1 0 0 0.1
Investing Cash Flow (16.0) (252.9) 269.0 (177.8) (93.9) (206.0) (106.2) (30.1) (41.4) (83.0) (23.4) (36.4) (39.3) (24.6) (17.9) (45.6) (28.8) (16.0)
Financing Activities
Net Debt Issuance (25.5) 95.9 8.8 (0.9) (15.4) (40.4) 40 (8.5) 20 0 16.4 16.6 (1.8) 8.7 (15.4) 2.9 5.4 16.7
Stock Repurchased (22.0) (31.9) (10.0) (14.3) (8.3) (4.4) (4.2) (10.4) (3.6) (2.6) 0 0 0 0 0 0 0 0
Dividends Paid (52.5) (15.6) (12.0) (7.8) (8.7) (6.1) (5.5) (4.5) (4.0) (3.7) (1.8) (1.6) (1.5) (1.3) (1.0) (1.0) (0.9) (0.8)
Other Financing Activities 34.7 152.3 (180.9) (16.8) 212.6 296.7 31.9 34.9 31.7 68.9 20.6 17.5 12.2 22.0 40 21 28.7 (2.8)
Financing Cash Flow (64.6) 201.0 (193.8) (39.7) 180.2 245.8 62.2 12.8 44.9 63.1 30.8 32.5 9.0 29.5 23.6 22.9 33.2 13.2
Cash Position
Net Change in Cash (18.1) 13.9 128.1 (177.5) 126.6 83.8 (21.3) 5.8 21.8 (5.5) 16.5 4.1 (20.3) 16.2 13.5 (14.3) 9.9 3.3
Cash at Beginning 261.3 247.5 119.4 296.9 170.2 86.5 107.7 102.0 80.2 85.6 39.9 35.8 56.1 39.9 26.4 40.7 30.8 27.5
Cash at End 243.2 261.3 247.5 119.4 296.9 170.2 86.5 107.7 102.0 80.2 56.4 39.9 35.8 56.1 39.9 26.4 40.7 30.8
Free Cash Flow 51.0 58.6 39.5 33.1 31.6 35.6 15.4 15.1 15.5 13.1 8.3 7.1 9.3 11.0 7.5 6.9 3.4 5.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 240.4 223.2 186.5 130.8 116.8 117.0 97.1 84.5 59.3 50.0 45.8 45.0 42.8 43.8 40.8 46.9 52.1 54.1 53.2 48.5 40.0 34.5 35.1 37.4 26.3 22.8 16.8 17.0
Gross Profit 169.1 155.4 132.8 116.1 105.4 96.0 72.4 66.7 50.5 43.7 39.8 38.2 36.5 35.1 31.4 30.8 35.2 30.2 29.7 27.2 24.9 25.3 24.1 23.5 5.3 2.7 2.4 2.0
Operating Income 88.2 79.5 98.8 59.6 60.0 49.9 34.3 32.1 24.1 22.6 20.1 18.9 16.5 14.5 11.4 9.8 8.8 6.0 9.7 8.7 8.5 10.3 9.7 8.9 6.3 6.2 5.9 5.8
Net Income 71.5 65.6 74.5 45.2 45.4 38.0 26.7 25.5 15.3 14.9 13.4 12.6 11.6 10.4 8.5 7.5 6.7 6.2 7.4 6.9 6.8 7.9 7.6 7.1 5.4 5.3 4.9 4.6
EPS (Diluted) 7.23 6.50 7.26 5.56 5.90 5.05 3.87 3.81 2.44 2.40 2.13 1.99 1.79 1.58 1.30 1.13 0.88 0.94 1.10 1.03 1.00 1.14 1.10 1.02 0.78 1.53 1.42 2.65
Balance Sheet
Cash & Equivalents 55.3 261.3 247.5 119.4 296.9 170.2 53.1 63.3 53.1 40.3 21.2 21.5 18.5 24.3 35.6 39.9 26.4 40.7 30.8
Total Assets 4,521.2 4,495.1 4,221.8 3,660.4 2,937.6 2,718.0 2,210.2 1,793.2 1,753.4 1,316.0 838.8 794.1 622.2 582.0 565.8 527.3 495.4 462.5 367.8
Total Debt 123.6 147.4 127.1 122.6 66.6 77.3 114.3 43.0 67.6 50.1 30.5 28.2 103.9 87.3 89.0 47.2 23 38 28.8
Stockholders' Equity 643.8 639.7 619.8 453.1 322.7 294.9 230.2 174.3 161.7 127.5 81.3 77.5 65.9 60.2 54.3 46.5 41.5 34.5 33.9
Cash Flow
Operating Cash Flow 62.5 65.8 52.9 40.0 40.3 44.0 22.6 23.1 18.3 14.4 9.2 8.0 10.0 11.3 7.9 8.3 5.5 6.2
Capital Expenditure (11.4) (7.2) (13.5) (6.9) (8.7) (8.4) (7.3) (7.9) (2.8) (1.3) (0.8) (0.9) (0.7) (0.3) (0.4) (1.4) (2.1) (0.7)
Free Cash Flow 51.0 58.6 39.5 33.1 31.6 35.6 15.4 15.1 15.5 13.1 8.3 7.1 9.3 11.0 7.5 6.9 3.4 5.5