BFC
Bank First National Corp
NASDAQ: BFC · FINANCIAL SERVICES · BANKS - REGIONAL
$146.62
+1.12% today
Updated 2026-05-08
Market cap
$1.63B
P/E ratio
20.03
P/S ratio
8.40x
EPS (TTM)
$7.24
Dividend yield
1.27%
52W range
$108 – $152
Volume
0.1M
Bank First National Corp (BFC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.46M | $53.24M | $54.09M | $52.10M | $46.89M | $40.82M | $43.83M | $42.84M | $45.00M | $45.83M | $50.00M | $59.28M | $84.52M | $97.14M | $117.02M | $116.78M | $130.77M | $186.47M | $223.24M | $240.45M |
| Revenue growth (YoY) | — | +9.9% | +1.6% | -3.7% | -10.0% | -12.9% | +7.4% | -2.3% | +5.0% | +1.8% | +9.1% | +18.6% | +42.6% | +14.9% | +20.5% | -0.2% | +12.0% | +42.6% | +19.7% | +7.7% |
| Cost of revenue | $21.25M | $23.55M | $23.89M | $16.91M | $16.14M | $9.46M | $8.71M | $6.35M | $6.81M | $6.07M | $6.25M | $8.79M | $17.78M | $24.75M | $20.99M | $11.40M | $14.65M | $53.69M | $67.81M | $71.31M |
| Gross profit | $27.20M | $29.69M | $30.20M | $35.20M | $30.75M | $31.36M | $35.12M | $36.49M | $38.19M | $39.75M | $43.75M | $50.50M | $66.73M | $72.39M | $96.03M | $105.38M | $116.12M | $132.79M | $155.44M | $169.14M |
| Gross margin | 56.1% | 55.8% | 55.8% | 67.6% | 65.6% | 76.8% | 80.1% | 85.2% | 84.9% | 86.8% | 87.5% | 85.2% | 79.0% | 74.5% | 82.1% | 90.2% | 88.8% | 71.2% | 69.6% | 70.3% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | $14.66M | $17.60M | $4.66M | $4.66M | $13.59M | $13.56M | $13.64M | $13.44M | $14.32M | $16.15M | $19.99M | $25.74M | $28.00M | $33.66M | $28.52M | $34.25M | $42.19M | $42.75M | $55.72M |
| Operating income | $8.73M | $9.70M | $5.99M | $8.75M | $9.78M | $11.40M | $14.49M | $16.50M | $18.88M | $20.15M | $22.62M | $24.14M | $32.05M | $34.29M | $49.88M | $59.97M | $59.63M | $98.79M | $79.51M | $88.17M |
| Operating margin | 18.0% | 18.2% | 11.1% | 16.8% | 20.8% | 27.9% | 33.1% | 38.5% | 42.0% | 44.0% | 45.2% | 40.7% | 37.9% | 35.3% | 42.6% | 51.3% | 45.6% | 53.0% | 35.6% | 36.7% |
| EBITDA | $8.73M | $10.54M | $6.98M | $10.12M | $10.74M | $12.42M | $15.50M | $17.50M | $19.84M | $21.06M | $23.54M | $25.40M | $33.92M | $36.63M | $53.05M | $63.15M | $63.61M | $107.19M | $87.56M | $93.76M |
| EBITDA margin | 18.0% | 19.8% | 12.9% | 19.4% | 22.9% | 30.4% | 35.4% | 40.9% | 44.1% | 46.0% | 47.1% | 42.8% | 40.1% | 37.7% | 45.3% | 54.1% | 48.6% | 57.5% | 39.2% | 39.0% |
| EBIT | $8.73M | $9.70M | $5.99M | $8.75M | $9.80M | $11.40M | $14.49M | $16.50M | $18.88M | $20.15M | $22.62M | $24.14M | $32.05M | $34.29M | $49.88M | $59.97M | $59.63M | $98.79M | $79.51M | $88.17M |
| Interest expense | $19.25M | $21.65M | $17.55M | $13.13M | $9.52M | $7.35M | $5.81M | $4.88M | $4.78M | $5.06M | $5.93M | $7.73M | $14.85M | $19.50M | $13.87M | $8.30M | $12.45M | $49.00M | $68.61M | $70.06M |
| Income tax | $1.83M | $2.30M | $-246000.00 | $2.08M | $2.33M | $2.86M | $4.07M | $4.94M | $6.26M | $6.75M | $7.71M | $8.83M | $6.60M | $7.59M | $11.83M | $14.52M | $14.42M | $24.28M | $13.95M | $16.67M |
| Effective tax rate | 21.0% | 23.7% | -4.1% | 23.8% | 23.8% | 25.1% | 28.1% | 29.9% | 33.2% | 33.5% | 34.1% | 36.6% | 20.6% | 22.1% | 23.7% | 24.2% | 24.2% | 24.6% | 17.5% | 18.9% |
| Net income | $6.90M | $7.40M | $6.24M | $6.67M | $7.45M | $8.55M | $10.42M | $11.56M | $12.62M | $13.39M | $14.91M | $15.31M | $25.46M | $26.69M | $38.05M | $45.44M | $45.21M | $74.51M | $65.56M | $71.50M |
| Net income growth (YoY) | — | +7.2% | -15.7% | +6.9% | +11.7% | +14.7% | +21.9% | +11.0% | +9.1% | +6.1% | +11.3% | +2.7% | +66.2% | +4.9% | +42.5% | +19.4% | -0.5% | +64.8% | -12.0% | +9.0% |
| Profit margin | 14.2% | 13.9% | 11.5% | 12.8% | 15.9% | 20.9% | 23.8% | 27.0% | 28.0% | 29.2% | 29.8% | 25.8% | 30.1% | 27.5% | 32.5% | 38.9% | 34.6% | 40.0% | 29.4% | 29.7% |