Bank First Corporation (FRA:42H)

Bank First Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	201.44	189.01	168.82	106.95	93.42	95.27
Interest Income on Investments	17.4	17.4	13.67	9.58	4.96	5.43
Total Interest Income	218.83	206.41	182.48	116.53	98.39	100.7
Interest Paid on Deposits	67.34	64.17	42.37	10.27	7.53	12.47
Interest Paid on Borrowings	4.44	4.44	6.64	2.18	0.78	1.39
Total Interest Expense	71.78	68.61	49	12.45	8.3	13.87
Net Interest Income	147.05	137.8	133.48	104.09	90.08	86.84
Net Interest Income Growth (YoY)	8.80%	3.24%	28.24%	15.54%	3.74%	24.64%
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.7
Gain (Loss) on Sale of Investments	-0.03	-0.03	31	-	-0	3.23
Gain (Loss) on Sale of Equity Investments	3.5	3.5	5.19	5.61	5.14	5.81
Other Non-Interest Income	17.18	14.88	13.13	12.53	11.01	7.47
Total Non-Interest Income	21.94	19.65	50.21	19.7	23.52	22.13
Non-Interest Income Growth (YoY)	-55.91%	-60.88%	154.88%	-16.23%	6.30%	75.15%
Revenues Before Loan Losses	168.99	157.45	183.69	123.79	113.6	108.96
Provision for Loan Losses	0.25	-0.8	4.68	2.2	3.1	7.13
Revenue	168.74	158.25	179.01	121.59	110.5	101.84
Revenue Growth (YoY)	-8.40%	-11.60%	47.23%	10.03%	8.51%	32.17%
Salaries and Employee Benefits	37.43	37.43	36.61	30.29	25.95	24.92
Amortization of Goodwill & Intangibles	5.79	5.79	6.32	2.32	1.41	1.64
Selling, General & Administrative	24.88	24.88	23.35	21.32	16.12	17.8
Other Non-Interest Expense	13.5	10.53	10.85	7.45	6.54	5.71
Total Non-Interest Expense	81.7	78.73	80.22	61.95	50.53	50.64
EBT Excluding Unusual Items	87.05	79.51	98.79	59.63	59.97	51.2
Other Unusual Items	-	-	-	-	-	-1.32
Pretax Income	87.05	79.51	98.79	59.63	59.97	49.88
Income Tax Expense	16.4	13.95	24.28	14.42	14.52	11.83
Net Income	70.65	65.56	74.51	45.21	45.44	38.05
Preferred Dividends & Other Adjustments	0.35	0.35	0.43	0.33	0.35	0.29
Net Income to Common	70.3	65.21	74.09	44.88	45.09	37.76
Net Income Growth	-14.80%	-12.01%	64.80%	-0.51%	19.45%	42.53%
Basic Shares Outstanding	10	10	10	8	8	7
Diluted Shares Outstanding	10	10	10	8	8	7
Shares Change (YoY)	-2.32%	-1.41%	26.46%	5.55%	2.42%	9.93%
EPS (Basic)	7.11	6.50	7.28	5.58	5.92	5.07
EPS (Diluted)	7.11	6.50	7.28	5.58	5.92	5.07
EPS Growth	-12.72%	-10.71%	30.48%	-5.70%	16.70%	29.53%
Dividend Per Share	0.450	1.550	1.150	0.940	0.850	0.810
Dividend Growth	-67.86%	34.78%	22.34%	10.59%	4.94%	1.25%
Effective Tax Rate	18.84%	17.54%	24.58%	24.18%	24.22%	23.72%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.