Bank First Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	168.34	151.66	137.8	133.48	104.09	90.08
Net Interest Income Growth	19.40%	10.06%	3.24%	28.24%	15.54%	3.74%
Non-Interest Income	25.28	22.22	19.68	58.12	19.7	23.52
Non-Interest Income Growth	15.58%	12.91%	-66.14%	194.99%	-16.24%	24.50%
Revenues Before Loan Losses	193.62	173.88	157.48	191.6	123.79	113.6
Provision for Credit Losses	0.85	1.25	-0.8	4.68	2.2	3.1
Revenue	192.77	172.63	158.28	186.91	121.59	110.5
Revenue Growth (YoY)	17.93%	9.06%	-15.32%	53.73%	10.03%	12.07%
Compensation Expenses	53.28	42.48	40.9	40.36	33.16	28.52
Selling, General & Admin	31.39	27.74	23.3	22.78	20.28	14.09
Other Non-Interest Expenses	18.24	14.24	13.77	24.99	8.52	7.93
Total Non-Interest Expense	102.91	84.46	78.77	88.12	61.95	50.54
Pretax Income	90.74	88.17	79.51	98.79	59.63	59.97
Provision for Income Taxes	17.5	16.67	13.95	24.28	14.42	14.52
Net Income	73.24	71.5	65.56	74.51	45.21	45.44
Net Income to Common	73.24	71.5	65.56	74.51	45.21	45.44
Net Income Growth	7.09%	9.05%	-12.01%	64.80%	-0.51%	19.45%
Shares Outstanding (Basic)	10	10	10	10	8	8
Shares Outstanding (Diluted)	10	10	10	10	8	8
Shares Change (YoY)	1.74%	-1.86%	-1.42%	26.39%	5.58%	2.17%
EPS (Basic)	7.19	7.23	6.50	7.28	5.58	5.92
EPS (Diluted)	7.19	7.23	6.50	7.28	5.58	5.92
EPS Growth	5.58%	11.23%	-10.71%	30.47%	-5.74%	16.77%
Shares Outstanding	11.22	9.83	10.01	10.37	9.02	7.62
Free Cash Flow	30.13	51.04	58.62	39.46	33.14	31.57
Free Cash Flow Growth	-40.96%	-12.94%	48.56%	19.09%	4.98%	-11.31%
Free Cash Flow Per Share	2.96	5.17	5.83	3.87	4.11	4.13
Dividends Per Share	1.850	1.800	1.550	1.150	0.940	0.850
Dividend Growth	2.78%	16.13%	34.78%	22.34%	10.59%	4.94%
Profit Margin	38.00%	41.42%	41.42%	39.87%	37.19%	41.12%
FCF Margin	15.63%	29.57%	37.04%	21.11%	27.25%	28.56%
EBITDA	8.83	7.42	8.05	8.4	3.97	3.19
EBITDA Margin	4.58%	4.30%	5.08%	4.49%	3.27%	2.88%
Effective Tax Rate	19.28%	18.91%	17.54%	24.58%	24.18%	24.22%

Updated May 11, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q