Bank First (FRA:42H) E10: €5.37 (As of Mar. 2026)


FRA:42H Bank First Corp FRA:42H
68 GF Score
Price €127.00
GF Value €118.33
! 4 Warning Signs
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What is Bank First E10?

Bank First FRA:42H 68 E10 is €5.37 as of Mar. 2026. GuruFocus rates FRA:42H with a GF Score™ of 68/100 and a GF Value™ of €118.33. The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bank First's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank First's average E10 Growth Rate was 14.50% per year. During the past 3 years, the average E10 Growth Rate was 17.30% per year. During the past 5 years, the average E10 Growth Rate was 20.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Bank First was 24.20% per year. The lowest was 17.30% per year. And the median was 22.35% per year.

As of today (2026-07-12), Bank First's current stock price is €127.00. Bank First's E10 for the quarter that ended in Mar. 2026 was €5.37. Bank First's Shiller PE Ratio of today is 23.65.

During the past 13 years, the highest Shiller PE Ratio of Bank First was 42.62. The lowest was 16.16. And the median was 24.23.


Bank First  (FRA:42H) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bank First's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=127.00/5.37
=23.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Bank First was 42.62. The lowest was 16.16. And the median was 24.23.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Bank First E10 Related Terms


Bank First E10 Historical Data

* Premium members only.

The historical data trend for Bank First's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bank First E10 Chart

Bank First Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 3.51 4.20 4.82 5.26

Bank First Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 4.84 4.96 5.26 5.37

FRA:42H vs CNOB, QCRH, BY: E10 Comparison

For the Banks - Regional subindustry, Bank First's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank First Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank First's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bank First's Shiller PE Ratio falls into.


FRA:42H
68GF Score
Bank First Corp FRA:42H
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank First E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bank First's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.54/330.2130*330.2130
=1.540

Current CPI (Mar. 2026) = 330.2130.

Bank First Quarterly Data

per share eps CPI Adj_EPS
201212 0.000 229.601 0.000
201312 0.000 233.049 0.000
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.000 241.432 0.000
201709 0.520 246.819 0.696
201712 0.414 246.524 0.555
201803 0.852 249.554 1.127
201806 0.822 251.989 1.077
201809 0.763 252.439 0.998
201812 0.800 251.233 1.051
201903 0.885 254.202 1.150
201906 0.797 256.143 1.027
201909 0.844 256.759 1.085
201912 0.936 256.974 1.203
202003 0.923 258.115 1.181
202006 0.986 257.797 1.263
202009 1.206 260.280 1.530
202012 1.233 260.474 1.563
202103 1.252 264.877 1.561
202106 1.245 271.696 1.513
202109 1.241 274.310 1.494
202112 1.301 278.802 1.541
202203 1.217 287.504 1.398
202206 1.466 296.311 1.634
202209 1.273 296.808 1.416
202212 1.350 296.797 1.502
202303 1.018 301.836 1.114
202306 1.265 305.109 1.369
202309 1.340 307.789 1.438
202312 3.109 306.746 3.347
202403 1.389 312.332 1.469
202406 1.477 314.175 1.552
202409 1.487 315.301 1.557
202412 1.671 315.605 1.748
202503 1.683 319.799 1.738
202506 1.483 322.561 1.518
202509 1.559 324.800 1.585
202512 1.597 324.054 1.627
202603 1.540 330.213 1.540

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €5.37 mean?
Bank First (FRA:42H) has a E10 of €5.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bank First and its competitors.
Is Bank First's E10 too high?
Bank First's current E10 is €5.37. Overall, Bank First has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Bank First's E10 compare to CNOB and QCRH?
Bank First's E10 of €5.37 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bank First and its competitors. Bank First's current E10 is €5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank First stock overvalued right now?
Bank First (FRA:42H) has a current E10 of €5.37. The stock's GF Value™ is €118.33, compared to a current price of €127.00 — trading 7.3% above its estimated fair value. The current E10 is €5.37. Bank First's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Bank First (FRA:42H), the current E10 is €5.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank First (FRA:42H) Overvalued in 2026?

Based on GuruFocus' analysis, Bank First stock appears to be overvalued. The current stock price of €127.00 is trading 7.3% above its estimated GF Value™ of €118.33.

Key valuation signals for FRA:42H:

  • E10: €5.37
  • GF Value™: €118.33 vs. price of €127.00 (7.3% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the FRA:42H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank First Business Description

Other Exchanges BFC:USA
Address 402 North 8th Street, Manitowoc, WI, USA, 54220
Bank First Corp is a United States-based company engaged in providing financial services, a full range of consumer and commercial financial institution services to individuals and businesses, including retail and commercial banking in Wisconsin. These services include credit cards; secured and unsecured consumer, commercial, and real estate loans; demand, time, and savings deposits; and ATM processing. The Corporation also offers a full line of insurance services and checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, credit cards, online banking, telephone banking, and mobile banking.
68GF Score

Get the complete analysis for FRA:42H

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€127.00
Price
€118.33
GF Value