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	Jun '26 Jun 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	236.06	203.66	189.01	168.82	106.95	93.42
Interest Income on Investments	25.36	18.06	17.4	13.67	9.58	4.96
Total Interest Income	261.42	221.72	206.41	182.48	116.53	98.39
Interest Paid on Deposits	69.84	63.65	64.17	42.37	10.27	7.53
Interest Paid on Borrowings	4.91	6.41	4.44	6.64	2.18	0.78
Total Interest Expense	74.75	70.06	68.61	49	12.45	8.3
Net Interest Income	186.67	151.66	137.8	133.48	104.09	90.08
Net Interest Income Growth	29.02%	10.06%	3.24%	28.24%	15.54%	3.74%
Gain (Loss) on Sale of Investments	-0.03	-	-0.03	31	-	-0
Gain (Loss) on Sale of Equity Investments	3.42	3.92	3.5	5.19	5.61	5.14
Other Non-Interest Income	21.79	16.5	14.88	13.13	12.53	11.01
Total Non-Interest Income	31.21	22.22	19.65	50.21	19.7	23.52
Non-Interest Income Growth	49.24%	13.10%	-60.88%	154.88%	-16.23%	6.30%
Revenues Before Loan Losses	217.88	173.88	157.45	183.69	123.79	113.6
Provision for Loan Losses	0.65	1.25	-0.8	4.68	2.2	3.1
Revenue	217.23	172.63	158.25	179.01	121.59	110.5
Revenue Growth	30.86%	9.09%	-11.60%	47.23%	10.03%	8.51%
Salaries and Employee Benefits	55.87	38.84	37.43	36.61	30.29	25.95
Amortization of Goodwill & Intangibles	7.55	5	5.79	6.32	2.32	1.41
Selling, General & Administrative	35.68	28.1	24.93	23.75	21.32	16.12
Other Non-Interest Expense	16.86	11.71	10.49	10.46	7.45	6.54
Total Non-Interest Expense	116.52	84.46	78.73	80.22	61.95	50.53
EBT Excluding Unusual Items	100.71	88.17	79.51	98.79	59.63	59.97
Pretax Income	100.71	88.17	79.51	98.79	59.63	59.97
Income Tax Expense	19.65	16.67	13.95	24.28	14.42	14.52
Net Income	81.06	71.5	65.56	74.51	45.21	45.44
Preferred Dividends & Other Adjustments	0.36	0.35	0.35	0.43	0.33	0.35
Net Income to Common	80.7	71.15	65.21	74.09	44.88	45.09
Net Income Growth	17.21%	9.10%	-11.98%	65.07%	-0.46%	19.42%
Basic Shares Outstanding	10	10	10	10	8	8
Diluted Shares Outstanding	10	10	10	10	8	8
Shares Change	5.44%	-1.85%	-1.41%	26.46%	5.55%	2.42%
EPS (Basic)	7.71	7.23	6.50	7.28	5.58	5.92
EPS (Diluted)	7.71	7.23	6.50	7.28	5.58	5.92
EPS Growth	11.22%	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	Jun '26 Jun 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	1.950	1.800	1.550	1.150	0.940	0.850
Dividend Growth	11.43%	16.13%	34.78%	22.34%	10.59%	4.94%
Effective Tax Rate	19.51%	18.91%	17.54%	24.58%	24.18%	24.22%

SEC Filings: 10-K · 10-Q