Bank First (BFC) Interest Expense - Fed Funds (2017 - 2024)
Bank First (BFC) posted quarterly Interest Expense - Fed Funds of $22000.0 for Q1 2024, down 96.08% year-over-year from $561000.0 in Q2 2023, and down 94.88% quarter-over-quarter from $430000.0 in Q4 2023.
Bank First (BFC) Interest Expense - Fed Funds (2017 - 2024) Analysis & Trends
Bank First (BFC) has reported Interest Expense - Fed Funds for 8 consecutive years, with $22000.0 the latest figure, recorded in Q1 2024.
- In Q1 2024, Interest Expense - Fed Funds fell 96.08% year-over-year to $22000.0; the TTM figure through Dec 2024 stood at $22000.0 (down 98.79% YoY), while the FY2024 annual figure was $22000.0, down 98.79% from the prior year.
- Interest Expense - Fed Funds declined to $22000.0 in Q1 2024 per BFC's latest filing, from $430000.0 in the prior quarter.
- Across five years, Interest Expense - Fed Funds topped out at $570000.0 in Q2 2023 and bottomed at $2000.0 in Q2 2021.
- Historically, Interest Expense - Fed Funds has averaged $147117.6 across 5 years, with a median of $4000.0 in 2020.
- Annual changes were most pronounced in 2020 — Interest Expense - Fed Funds tumbled 98.2% — and 2023, when it soared 28400.0%.
- Bank First's Interest Expense - Fed Funds stood at $4000.0 in 2020, then slumped by 50.0% to $2000.0 in 2021, then surged by 21800.0% to $438000.0 in 2022, then dropped by 1.83% to $430000.0 in 2023, then slumped by 94.88% to $22000.0 in 2024.
- Business Quant data shows BFC's Interest Expense - Fed Funds at $22000.0 in Q1 2024, $430000.0 in Q4 2023, and $252000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Bank First | 1.69 Bn | 1.07 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 22,000.00 |
| Dec 31, 2023 | 430,000.00 |
| Sep 30, 2023 | 252,000.00 |
| Jun 30, 2023 | 570,000.00 |
| Mar 31, 2023 | 561,000.00 |
| Dec 31, 2022 | 438,000.00 |
| Sep 30, 2022 | 100,000.00 |
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 2,000.00 |
| Dec 31, 2021 | 2,000.00 |
| Sep 30, 2021 | 3,000.00 |
| Jun 30, 2021 | 2,000.00 |
| Mar 31, 2021 | 3,000.00 |
| Dec 31, 2020 | 4,000.00 |
| Sep 30, 2020 | 4,000.00 |
| Jun 30, 2020 | 3,000.00 |
| Mar 31, 2020 | 103,000.00 |
| Dec 31, 2019 | 78,000.00 |
| Sep 30, 2019 | 85,000.00 |
| Jun 30, 2019 | 167,000.00 |