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
3Y+56.0%
5Y+42.0%
10Y+333.0%
3Y-91.0%
5Y-92.0%
10Y-81.0%
3Y+63.0%
5Y-126.0%
10Y-202.0%
BFC

Bank First Corporation Cash Conversion Engine

BFC ยท NASDAQ
Net Income71.50M
Depreciation & Amortization7.42M
Stock-Based Compensation2.14M
Change in Working Capital-4.48M
Others-14.27M
Capital Expenditures-11.44M
Free Cash Flow51.04M

Cash Flow Quality Analysis

FCF Conversion Rate

71.4%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

18.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-12.9%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$4.48M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Bank First Corporation Cash Flow Statement

BFC โ€ข NASDAQ

Bank First Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
71.5M
65.6M
74.5M
45.2M
45.4M
38M
26.7M
25.5M
15.3M
14.9M
13.4M
12.6M
11.6M
10.4M
8.5M
7.5M
6.7M
6.2M
7.4M
6.9M
7.4M
8M
8.4M
4M
3.2M
3.2M
2.3M
1.9M
1.3M
918K
912K
966K
999K
1M
1M
949K
1.4M
987K
842K
0.0
180K
1.8M
-1.7M
-869K
-1K
-116K
856K
1.1M
624K
-66K
218K
-806K
-365K
135K
-941K
201K
-183K
0.0
0.0
0.0
2.1M
2.2M
2.1M
1.7M
1.4M
1.1M
685K
556K
465K
419K
341K
232K
170K
118K
0.0
0.0
0.0
0.0
0.0
0.0
-14.3M
-14.6M
-42.9M
-9.6M
-5.4M
-5.2M
-8.3M
-7.7M
-4.7M
-2.4M
-1.5M
-136K
1.5M
3.2M
3.8M
4.4M
3.9M
4.7M
874K
-6.9M
(15.9M)
(14.1M)
(23.8M)
(14.1M)
(16.8M)
(10.2M)
(6.7M)
(5.8M)
(8M)
(8.2M)
(8.1M)
(6M)
(4.8M)
(4.1M)
(2.9M)
(3.9M)
(1.6M)
(0.0)
(0.0)
(0.0)
-4.5M
2.9M
12.5M
-411K
-4.4M
7M
332K
1.8M
5.4M
655K
-739K
3.6M
-273K
671K
1.1M
-1.4M
1.3M
1.3M
2.3M
0.0
62.5M
65.8M
52.9M
40M
40.3M
44M
22.6M
23.1M
18.3M
14.4M
12.6M
16.4M
13.6M
15.6M
13.5M
11.6M
13.1M
13.1M
11.4M
0.0
INVESTING ACTIVITIES
-11.4M
-7.2M
-13.5M
-6.9M
-8.7M
-8.4M
-7.3M
-7.9M
-2.8M
-1.3M
-3.1M
-2.9M
-822K
-1.9M
-1.5M
-1.8M
-768K
-1.9M
-956K
(0.0)
(0.0)
(0.0)
(90M)
(154.4M)
(0.0)
(35.3M)
-9.8M
(0.0)
-19.9M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2.9M)
(0.0)
-2.6M
-6M
-10.2M
(0.0)
-212.7M
-302.2M
-26.6M
-142.4M
-93.8M
-28.8M
-117.5M
-22.9M
-49.6M
-44.7M
-41.7M
-39.8M
-29.6M
-16M
-38.3M
-35.4M
-124.3M
-101.6M
-80.3M
(0.0)
287.3M
216.6M
254.7M
14.7M
43.1M
133.2M
59.9M
22.7M
62.4M
30.7M
19.9M
38.8M
32.9M
28.3M
51.1M
85.9M
123M
191.2M
78.9M
0.0
-79.1M
-160.1M
-35.5M
-197.6M
-34.5M
-337.4M
-31.4M
-22M
-31.5M
-67.8M
-83.2M
-49.7M
-88.8M
-55.2M
-85.7M
-60.3M
-40.5M
-169.1M
-24M
0.0
-16M
-252.9M
(269M)
-177.8M
-93.9M
-206M
-106.2M
-30.1M
-41.4M
-83M
-108.1M
-53.7M
-86.3M
-44.7M
-71.6M
-11.7M
-45.1M
-87.4M
-36.6M
(0.0)
FINANCING ACTIVITIES
-21.3M
-31.7M
-9.9M
-14.2M
-8.2M
-4.3M
-4.2M
-9.1M
-2.7M
-2.1M
-451K
-2.8M
-2.8M
-1.3M
25K
-114K
0.0
-1.4M
-244K
0.0
-25.5M
95.9M
8.8M
-884K
-15.4M
-40.4M
40M
-8.5M
20M
0.0
0.0
-1.8M
-1M
-880K
-4.1M
-4.4M
48.4M
45.9M
32.5M
0.0
-52.5M
-15.6M
-12M
-7.8M
-8.7M
-6.1M
-5.5M
-4.5M
-4M
-3.7M
-3.2M
-2.9M
-1.4M
-5.8M
-2.8M
-2.8M
-3M
-2.6M
-2.4M
(0.0)
-22M
-31.9M
-10M
-14.3M
-8.3M
-4.4M
-4.2M
-10.4M
-3.6M
-2.6M
-1.4M
-3.2M
-3.3M
-1.9M
-234K
-114K
-12.6M
-1.4M
-244K
(0.0)
34.7M
152.3M
-180.9M
-16.8M
212.6M
296.7M
31.9M
34.9M
31.7M
69.4M
123.9M
34.9M
38.4M
107.8M
73.5M
-3.2M
-7.1M
23M
-12.5M
0.0
-64.6M
201M
-193.8M
-39.7M
180.2M
245.8M
62.2M
12.8M
44.7M
63.1M
119.3M
27.4M
32.8M
99.9M
66.7M
-10.6M
37.6M
64.9M
17.4M
0.0
CASH FLOW SUMMARY
-18.1M
13.9M
128.1M
-177.5M
126.6M
83.8M
-21.3M
5.8M
21.8M
-5.5M
23.8M
-9.9M
-39.9M
70.7M
8.6M
-10.6M
5.6M
-9.3M
-7.8M
0.0
261.3M
247.5M
119.4M
296.9M
170.2M
86.5M
107.7M
102M
80.2M
85.6M
61.9M
71.8M
111.6M
40.9M
32.4M
43M
37.4M
46.7M
54.5M
0.0
243.2M
261.3M
247.5M
119.4M
296.9M
170.2M
86.5M
107.7M
102M
80.2M
85.6M
61.9M
71.8M
111.6M
40.9M
32.4M
43M
37.4M
46.7M
0.0
51M
58.6M
39.5M
33.1M
31.6M
35.6M
15.4M
15.1M
15.5M
13.1M
9.5M
13.5M
12.8M
13.7M
11.9M
9.8M
12.3M
11.3M
10.5M
0.0

SEC Filings

BFC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 19, 2026
May 19, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 15, 2026
2026
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 16, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

March 16, 2026
January 02, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 22, 2026
January 22, 2026
2026
8-K

8-K 2026

N/A

January 20, 2026
January 20, 2026
2026
8-K

8-K 2026

N/A

January 02, 2026
January 02, 2026
2026
Showing 1 to 10 of 160 filings