📊 BFC Key Takeaways
Is Bank First Corp (BFC) a Good Investment?
Despite strong 46.2% revenue growth and solid 27.2% net margins, Bank First Corp exhibits critical fundamental weaknesses: negative operating cash flow (-$11.7M) indicates profits are not converting to cash, and ROE of 2.4% and ROA of 0.3% are severely below banking industry standards, suggesting significant capital inefficiency. The combination of weak returns, negative free cash flow, and dangerously low 1.6x interest coverage raises sustainability concerns.
Bank First Corp shows solid core fundamentals, with strong profitability, healthy returns on assets and equity, and very low long-term leverage. Revenue growth was exceptionally strong, but the fact that net income was nearly flat suggests some margin pressure or higher costs, so the growth quality is good but not flawless.
Bank First Corp Key Strengths (BFC)
- Strong revenue growth of 46.2% YoY demonstrates market demand
- Excellent net profit margin of 27.2% and operating margin of 33.5%
- Minimal leverage with 0.00x debt-to-equity ratio and strong $398.6M cash position
- Strong profitability with 39.8% operating margin and 32.2% net margin
- Healthy balance sheet with $643.84M of equity, $243.21M of cash, and minimal long-term debt
- Positive cash generation with $51.04M of free cash flow and a 23.0% FCF margin
BFC Stock Risks: Bank First Corp Investment Risks
- Negative operating cash flow (-$11.7M) and free cash flow (-$16.9M) indicate profitability is not sustainable
- Extremely poor capital efficiency with ROE of 2.4% and ROA of 0.3%, far below banking industry norms
- Interest coverage of 1.6x is dangerously low, limiting financial flexibility and debt servicing capacity
- Net income growth of only 0.5% lagged far behind revenue growth, indicating weaker earnings conversion
- Interest coverage of 5.5x is adequate but not especially strong if funding costs remain elevated
- Key bank risk indicators such as credit quality, nonperforming assets, and deposit mix are not provided here
Key Metrics to Watch
- Operating cash flow trend and path to positive cash generation
- Return on equity progression toward acceptable banking standards (10%+)
- Interest coverage ratio and debt capacity
- Net interest margin and efficiency ratio
- Credit quality trends including nonperforming assets and charge-offs
Bank First Corp (BFC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BFC Profit Margin, ROE & Profitability Analysis
BFC vs Finance Sector: How Bank First Corp Compares
How Bank First Corp compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Bank First Corp Stock Overvalued? BFC Valuation Analysis 2026
Based on fundamental analysis, Bank First Corp has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Bank First Corp Balance Sheet: BFC Debt, Cash & Liquidity
BFC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Bank First Corp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $7.28 reflects profitable operations.
BFC Revenue Growth, EPS Growth & YoY Performance
Bank First Corp Dividends, Buybacks & Capital Allocation
BFC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Bank First Corp (CIK: 0001746109)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BFC
What is the AI rating for BFC?
Bank First Corp (BFC) has a Combined AI Grade of B from Claude (C) and ChatGPT (A) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BFC's key strengths?
Claude: Strong revenue growth of 46.2% YoY demonstrates market demand. Excellent net profit margin of 27.2% and operating margin of 33.5%. ChatGPT: Strong profitability with 39.8% operating margin and 32.2% net margin. Healthy balance sheet with $643.84M of equity, $243.21M of cash, and minimal long-term debt.
What are the risks of investing in BFC?
Claude: Negative operating cash flow (-$11.7M) and free cash flow (-$16.9M) indicate profitability is not sustainable. Extremely poor capital efficiency with ROE of 2.4% and ROA of 0.3%, far below banking industry norms. ChatGPT: Net income growth of only 0.5% lagged far behind revenue growth, indicating weaker earnings conversion. Interest coverage of 5.5x is adequate but not especially strong if funding costs remain elevated.
What is BFC's revenue and growth?
Bank First Corp reported revenue of $73.6M.
Does BFC pay dividends?
Bank First Corp pays dividends, with $5.6M distributed to shareholders in the trailing twelve months.
Where can I find BFC SEC filings?
Official SEC filings for Bank First Corp (CIK: 0001746109) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BFC's EPS?
Bank First Corp has a diluted EPS of $1.78.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is BFC's fundamental grade?
Based on our AI fundamental analysis in June 2026, Bank First Corp has a B grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is BFC stock overvalued or undervalued?
Valuation metrics for BFC: ROE of 2.4% (sector avg: 12%), net margin of 27.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
What is BFC's AI grade for 2026?
Our dual AI analysis gives Bank First Corp a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is BFC's free cash flow?
Bank First Corp's operating cash flow is $-11.7M, with capital expenditures of $5.2M. FCF margin is -22.9%.
How does BFC compare to other Finance stocks?
Vs Finance sector averages: Net margin 27.2% (avg: 25%), ROE 2.4% (avg: 12%), current ratio N/A (avg: 1.2).