BFC · XBRL financial data

Bank First financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BFC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Interest expense	14	8	12	49	—	—
Income tax expense (benefit)	12	15	14	24	14	17
Net income (loss)	38	45	45	75	66	71
Earnings per share, basic USD per share	5.07	5.92	5.58	7.28	6.50	7.23
Earnings per share, diluted USD per share	5.07	5.92	5.58	7.28	6.50	7.23
Weighted average shares, basic millions of shares	7	8	8	10	10	10
Weighted average shares, diluted millions of shares	7	8	8	10	10	10

Fiscal years (BFC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	170	297	119	247	261	243
Property and equipment, net	43	49	56	70	71	79
Right-of-use asset	2	2	2	2	2	2
Goodwill	55	55	110	175	175	175
Total assets	2,718	2,938	3,660	4,222	4,495	4,506
Total deposits	2,321	2,528	3,060	3,433	3,661	3,696
Total liabilities	2,423	2,615	3,207	3,602	3,855	3,862
Retained earnings	221	258	295	348	398	417
Total stockholders' equity	295	323	453	620	640	644
Total liabilities and equity	2,718	2,938	3,660	4,222	4,495	4,506
Common shares outstanding (cover page) millions of shares	8	8	10	10	10	11

Fiscal years (BFC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	38	45	45	75	66	71
Stock-based compensation	1	1	2	2	2	2
Depreciation and amortization	2	2	2	2	2	2
Net cash from operating activities	44	40	40	53	66	62
Purchases of property and equipment	8	9	7	13	7	11
Net cash from investing activities	(206)	(94)	(178)	269	(253)	(16)
Proceeds from issuing common stock	0	0	0	0	0	1
Share repurchases	4	8	14	10	32	22
Repayments of long-term debt	7	—	—	—	—	—
Net cash from financing activities	246	180	(40)	(194)	201	(65)

SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Bank First	267	not reported	24*	11.1M	Q2 FY26 10-QJun 30, 2026
QCR Holdings	111	not reported	471*	16.4M	Q2 FY26 10-QJun 30, 2026
ConnectOne Bancorp	313	not reported	85*	50.3M	Q3 FY26 10-QSep 30, 2026
Dime Commercial Bancshares	2,185	6.9	108*	43.7M	Q3 FY26 10-QSep 30, 2026
Westamerica Bancorporation	302	not reported	16*	23.1M	Q2 FY26 10-QJun 30, 2026
1st Source	105	not reported	71*	24.1M	Q3 FY26 10-QSep 30, 2026
Origin Bancorp	547	not reported	40*	30.8M	Q2 FY26 10-QJun 30, 2026
Live Oak Bancshares	1,100	not reported	127*	46.4M	Q3 FY26 10-QSep 30, 2026
Peoples Bancorp	301	23	49*	36.0M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.