Bank First Corporation

Bank First Corporation

BFCยทNASDAQ

$136.45

-0.96%
Financial ServicesBanks - Regional

Bank First Corporation operates as a holding company for Bank First N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. The company offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. It also provides credit cards; ATM processing; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services. The company's loan products include real estate loans, including commercial real estate, residential mortgage, and home equity loans; commercial and industrial loans for working capital, accounts receivable, inventory financing, and other business purposes; construction and development loans; residential 1-4 family loans; and consumer loans for personal and household purposes, including secured and unsecured installment loans, and revolving lines of credit. It operates through 21 offices in Manitowoc, Outagamie, Brown, Winnebago, Sheboygan, Waupaca, Ozaukee, Monroe, and Jefferson counties in Wisconsin. The company was formerly known as Bank First National Corporation and changed its name to Bank First Corporation in June 2019. Bank First Corporation was founded in 1894 and is headquartered in Manitowoc, Wisconsin.

At a Glance

Live Snapshot
Market Cap$1.52B
EPS7.2300
P/E Ratio18.87
Earnings Date07/17/2026
Bank First Corporation

Bank First Corporation Fair Value Envelope

BFC ยท NASDAQ

Our analysis suggests that BFC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $136.45, this represents a potential HIDDEN relative to our calculated worth for Bank First Corporation.

Intrinsic Value
Current Price: $136.45

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$339.9M
+ Cash & Equivalents$55.3M
Firm Value$395.2M
- Debt$123.6M
Equity Value$271.7M
/ Shares Outstanding9,834,083B
DCF Value$28
OVERVALUED BY 80%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$54.4M
$47.4M
$41.2M
$35.9M
$31.3M
$27.2M
$23.7M
$20.6M
$18.0M
$15.6M
Maintenance CapEx
-$2.0M
-$1.7M
-$1.5M
-$1.3M
-$1.1M
-$996.8K
-$867.8K
-$755.6K
-$657.8K
-$572.7K
Owner Earnings
$52.4M
$45.6M
$39.7M
$34.6M
$30.1M
$26.2M
$22.8M
$19.9M
$17.3M
$15.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$48.5M
$39.1M
$31.5M
$25.4M
$20.5M
$16.5M
$13.3M
$10.7M
$8.7M
$7.0M
Terminal Value represents 34.9% of Enterprise Value