Bank First Corp

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total interest income $53.5m
$77.9m +45.77%
$89.2m +14.40%
$100.7m +12.94%
$98.4m -2.30%
$116.5m +18.45%
$182.5m +56.59%
$206.4m +13.11%
$221.7m +7.42%
Net gain on sales of mortgage loans $895k $617k $1.4m $5.3m $7.4m $1.6m $897k $1.3m $1.8m
Net gain on sales and valuations of OREO ($49k) $252k ($73k) $1.4m ($20k) $146k $2.1m ($694k) ($159k)
Total noninterest income $9.8m $11.5m $12.6m $23.5m $23.5m $19.8m $58.1m $19.7m $22.2m
Net interest income $45.7m
$63.1m +37.95%
$69.7m +10.41%
$86.8m +24.64%
$90.1m +3.74%
$104.1m +15.54%
$133.5m +28.24%
$137.8m +3.24%
$151.7m +10.06%
$186.7m +23.08%
Amortization of intangibles $132k $756k $1.1m $1.6m $1.4m $2.3m $6.3m $5.8m $5.0m $7.6m
Total noninterest expense $30.4m $39.6m $42.8m $53.4m $50.5m $62.1m $88.1m $78.8m $84.5m
Total interest expense $7.7m $14.8m $19.5m $13.9m $8.3m $12.4m $49.0m $68.6m $70.1m
Net interest income after provision for credit losses $44.7m
$60.2m +34.64%
$64.4m +7.07%
$79.7m +23.74%
$87.0m +9.12%
$101.9m +17.13%
$128.8m +26.42%
$138.6m +7.61%
$150.4m +8.52%
$186.7m +24.11%
Gain on sale of UFS $38.9m
Income before provision for income taxes $24.1m $32.1m $34.3m $49.9m $60.0m $59.6m $98.8m $79.5m $88.2m
Provision for income taxes $8.8m $6.6m $7.6m $11.8m $14.5m $14.4m $24.3m $13.9m $16.7m
Net loss on sale of securities ($3.2m) $3k $7.9m $34k
Net Income $15.3m
$25.5m +66.24%
$26.7m +4.86%
$38.0m +42.53%
$45.4m +19.44%
$45.2m -0.51%
$74.5m +64.80%
$65.6m -12.01%
$71.5m +9.05%
$80.7m +12.87%
Earnings per share - basic $2.44 $3.81 $3.91 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23 $7.69
Earnings per share - diluted $2.44 $3.81 $3.87 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23 $7.69
Loans, including fees $48.9m $72.1m $82.9m $95.3m $93.4m $107.0m $168.8m $189.0m $203.7m
Taxable $1.8m $2.9m $3.1m $3.4m $2.8m $5.9m $8.5m $10.3m $11.3m
Tax-exempt $1.7m $1.8m $1.7m $1.9m $1.9m $1.8m $1.0m $964k $943k
Other $3.2m $5.0m $6.0m $5.7m $6.5m $6.3m $9.0m $8.7m $9.4m
Deposits $6.4m $12.4m $17.9m $12.5m $7.5m $10.3m $42.4m $64.2m $63.6m
Securities sold under repurchase agreements $272k $399k $461k $114k $10k $542k $1.8m $22k
Borrowed funds $1.0m $2.1m $1.2m $1.3m $767k $1.6m $4.8m $4.4m $6.4m
Provision for credit losses $3.1m $2.2m $4.7m ($800k) $1.2m
Service charges $3.0m $3.5m $3.5m $5.0m $6.1m $5.8m $7.0m $8.0m $8.4m
Income from Ansay $1.7m $2.1m $1.8m $2.7m $2.6m $2.6m $2.9m $3.5m $3.9m
Income from UFS, LLC ("UFS") $2.4m $2.6m $2.9m $3.1m $2.6m $3.1m $2.3m
Loan servicing income $1.2m $1.5m $550k $1.4m $3.8m $1.9m $2.9m $2.9m $2.9m
Valuation adjustment on MSR ($945k) $1.3m $2.9m $395k ($299k) $281k
Salaries, commissions, and employee benefits $16.6m $21.5m $22.9m $27.3m $28.5m $33.2m $40.4m $40.9m $42.5m
Occupancy $3.1m $3.5m $3.9m $4.7m $4.2m $5.5m $5.7m $6.0m $7.8m $9.5m
Data processing $2.9m $3.6m $4.5m $5.5m $5.3m $6.3m $8.0m $9.7m $10.3m
Postage, stationery, and supplies $452k $620k $591k $872k $713k $771k $1.1m $885k $950k
Advertising $183k $220k $268k $226k $227k $271k $326k $313k $176k
Charitable contributions $495k $985k $566k $574k $534k $718k $944k $793k $972k
Federal deposit insurance $1.1m $1.8m $1.9m $2.3m
Outside service fees $3.3m $3.1m $3.0m $4.1m $3.1m $6.7m $6.3m $4.6m $5.2m