Bank First financials
$149.75−0.87%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $243.9M | $226.1M | $240.6M | $136.2M | $121.9M | $119.6M | $101.8M | $89.4M |
| Gross profit | $173.9M | $157.5M | $191.6M | $123.8M | $113.6M | $105.7M | $82.3M | $74.6M |
| Gross margin | 71.3% | 69.7% | 79.6% | 90.9% | 93.2% | 88.4% | 80.8% | 83.4% |
| Operating income | $88.2M | $79.5M | $98.8M | $59.6M | $60.0M | $49.9M | $34.3M | $32.1M |
| Net income | $71.5M | $65.6M | $74.5M | $44.9M | $45.1M | $37.8M | $26.5M | $25.5M |
| Net margin | 29.3% | 29.0% | 31.0% | 32.9% | 37.0% | 31.6% | 26.0% | 28.5% |
| Diluted EPS | $7.23 | $6.50 | $7.28 | $5.58 | $5.92 | $5.08 | $3.87 | $3.81 |
| EBITDA | $88.2M | $79.5M | $98.8M | $59.6M | $60.0M | $51.2M | $34.3M | $32.1M |
| Operating cash flow | $62.5M | $65.8M | $52.9M | $40.0M | $40.3M | $47.2M | $22.6M | $23.1M |
| Free cash flow | $51.0M | $61.0M | $39.5M | $33.1M | $32.1M | $39.1M | $15.4M | $15.6M |
| Diluted shares | 9.9M | 10.1M | 10.2M | 8.1M | 7.6M | 7.5M | 6.9M | 6.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $55.3M | $59.2M | $70.0M | $51.5M | $29.2M | $36.3M |
| Short-term investments | $515.1M | $592.7M | $477.3M | $478.2M | $538.2M | $356.8M |
| Total debt | $122.0M | $147.4M | $51.4M | $25.4M | $25.5M | $41.0M |
| Total assets | $4.51B | $4.50B | $4.22B | $3.66B | $2.94B | $2.72B |
| Total liabilities | $3.86B | $3.86B | $3.60B | $3.21B | $2.61B | $2.42B |
| Shareholders' equity | $643.8M | $639.7M | $619.8M | $453.1M | $322.7M | $294.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology