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BFC (Bank First) Net Income : $65.6 Mil (TTM As of Dec. 2024)


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What is Bank First Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bank First's Net Income for the three months ended in Dec. 2024 was $17.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $65.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bank First's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $1.76.


Bank First Net Income Historical Data

The historical data trend for Bank First's Net Income 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.

* Premium members only.

Bank First Net Income Chart

Bank First Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.05 45.44 45.21 74.51 65.56

Bank First Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income 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 34.90 15.41 16.06 16.55 17.54

Bank First Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bank First's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=79.513+-13.95+0+0
=65.6

Bank First's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=21.788+-4.248+0+0
=17.5

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $65.6 Mil.

* 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  (NAS:BFC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bank First's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bank First Net Income Related Terms

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Bank First Business Description

Traded in Other Exchanges
N/A
Address
402 North 8th Street, Manitowoc, WI, USA, 54220
Bank First Corp is a United States-based company engaged in providing financial services provides 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.
Executives
Stephen E Johnson director 402 N. 8TH ST., MANITOWOC WI 54220
Mary Kay Bourbulas director 402 NORTH 8TH STREET, MANITOWOC WI 54220
Phillip R Maples director 402 N. 8TH STREET, MANITOWOC WI 54220
Kevin M. Lemahieu director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Michael B. Molepske director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Timothy J. Mcfarlane director, officer: President C/O BANK FIRST CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Joan A Woldt officer: Named Executive Officer 402 N. 8TH STREET, MANITOWOC WI 54220
Jason V Krepline officer: Named Executive Officer 402 N. 8TH STREET, MANITOWOC WI 54220
Laura E Kohler director 402 N. 8TH STREET, MANITOWOC WI 54220
Robert W. Holmes director C/O BANK FIRST CORPORATION, 402 N. 8TH STREET, MANITOWOC WI 54220
Van Sistine Peter J. director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Michael P. Dempsey director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Donald R. Brisch director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
David R Sachse director C/O BANK FIRST NATIONAL CORPORATION, 402 NORTH 8TH STREET, MANITOWOC WI 54220
Judy L Heun director 402 NORTH 8TH STREET, MANITOWOC WI 54220