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Bank First Corp

ir.bankfirst.com

Bank First Corporation (BFC) is a Wisconsin-based bank holding company that operates through its wholly-owned national banking subsidiary, Bank First, N.A. The company earns revenue primarily through net interest income on loans and deposits, supplemented by non-interest fee income from banking services. Bank First competes with commercial banks, thrifts, mortgage banking firms, credit unions, consumer finance companies, non-bank financial technology providers, securities brokerage firms, insurance companies, private credit funds, and money market and other mutual funds within its geographic areas of operation in Wisconsin. The company has grown in part through acquisitions, including the recent Centre acquisition referenced in its FY2025 10-K filed February 27, 2026. Business concentration within specific Wisconsin geographic markets is identified as a material risk factor. Residential and commercial real estate values are central to collateral supporting the loan portfolio.

Products & Services

Commercial and residential real estate loans, lending products, deposit accounts, and general banking services offered through Bank First, N.A.

Revenue Model

Net interest income from lending and deposit-taking activities, supplemented by non-interest fee income from banking services.

Customers & Markets

Retail and commercial banking customers within Wisconsin geographic markets, including borrowers collateralized by residential and commercial real estate.

Geographic Exposure

Wisconsin, with operations concentrated within specific geographic areas of the state as disclosed in the FY2025 10-K filed February 27, 2026.

Financial Snapshot

Revenue
TTM
$183.6M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
$73.16M
Current Assets
Last 4 Quarters
N/A
Current Liabilities
Last 4 Quarters
N/A
Current Ratio
Last 4 Quarters
N/A
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
819.9M
Cash
2026 Q1
P/E
TTM
22.61
Free Cash Flow
TTM
$30.13M

Stock Price

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Market Cap: $1.6537 Billion

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