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	Sep '26 Sep 30, 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
Interest Income on Loans	263.89	203.66	189.01	168.82	106.95	93.42
Interest Income on Investments	18.06	18.06	17.4	13.67	9.58	4.96
Total Interest Income	281.95	221.72	206.41	182.48	116.53	98.39
Interest Paid on Deposits	71.91	63.65	64.17	42.37	10.27	7.53
Interest Paid on Borrowings	6.41	6.41	4.44	6.64	2.18	0.78
Total Interest Expense	78.32	70.06	68.61	49	12.45	8.3
Net Interest Income	203.63	151.66	137.8	133.48	104.09	90.08
Net Interest Income Growth	38.48%	10.06%	3.24%	28.24%	15.54%	3.74%
Gain (Loss) on Sale of Investments	-	-	-0.03	31	-	-0
Gain (Loss) on Sale of Equity Investments	3.92	3.92	3.5	5.19	5.61	5.14
Other Non-Interest Income	29.69	16.5	14.88	13.13	12.53	11.01
Total Non-Interest Income	35.4	22.22	19.65	50.21	19.7	23.52
Non-Interest Income Growth	61.11%	13.10%	-60.88%	154.88%	-16.23%	6.30%
Revenues Before Loan Losses	239.04	173.88	157.45	183.69	123.79	113.6
Provision for Loan Losses	0.75	1.25	-0.8	4.68	2.2	3.1
Revenue	238.29	172.63	158.25	179.01	121.59	110.5
Revenue Growth	41.18%	9.09%	-11.60%	47.23%	10.03%	8.51%
Salaries and Employee Benefits	38.84	38.84	37.43	36.61	30.29	25.95
Amortization of Goodwill & Intangibles	5	5	5.79	6.32	2.32	1.41
Selling, General & Administrative	28.1	28.1	24.93	23.75	21.32	16.12
Other Non-Interest Expense	57.4	11.71	10.49	10.46	7.45	6.54
Total Non-Interest Expense	130.15	84.46	78.73	80.22	61.95	50.53
EBT Excluding Unusual Items	108.14	88.17	79.51	98.79	59.63	59.97
Pretax Income	108.14	88.17	79.51	98.79	59.63	59.97
Income Tax Expense	21.26	16.67	13.95	24.28	14.42	14.52
Net Income	86.88	71.5	65.56	74.51	45.21	45.44
Preferred Dividends & Other Adjustments	0.35	0.35	0.35	0.43	0.33	0.35
Net Income to Common	86.53	71.15	65.21	74.09	44.88	45.09
Net Income Growth	23.10%	9.10%	-11.98%	65.07%	-0.46%	19.42%
Basic Shares Outstanding	11	10	10	10	8	8
Diluted Shares Outstanding	11	10	10	10	8	8
Shares Change	8.99%	-1.85%	-1.41%	26.46%	5.55%	2.42%
EPS (Basic)	8.03	7.23	6.50	7.28	5.58	5.92
EPS (Diluted)	8.03	7.23	6.50	7.28	5.58	5.92
EPS Growth	12.97%	11.19%	-10.71%	30.48%	-5.70%	16.70%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	0.450	1.800	1.550	1.150	0.940	0.850
Dividend Growth	-75.00%	16.13%	34.78%	22.34%	10.59%	4.94%
Effective Tax Rate	19.66%	18.91%	17.54%	24.58%	24.18%	24.22%

SEC Filings: 10-K · 10-Q