Bank First (BFC) Operating Expenses (2017 - 2026)

Bank First (BFC) reported Operating Expenses of $39.1 million for Q1 2026, up 89.56% year-over-year from $20.6 million in Q1 2025, and up 77.43% quarter-over-quarter from $22.0 million in Q4 2025.

Bank First (BFC) Operating Expenses (2017 - 2026) Analysis & Trends

Bank First (BFC) has 10 years of Operating Expenses data on file, last reported at $39.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $39.1 million, up 89.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $102.9 million (up 30.19% YoY), and the FY2025 annual result was $84.5 million, up 7.23% from the prior year.
  • Operating Expenses advanced to $39.1 million in Q1 2026 per BFC's latest filing, from $22.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $39.1 million in Q1 2026 and troughed at $12.7 million in Q1 2022.
  • A 5-year average of $20.7 million and a median of $19.9 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses sank 33.18% in 2024, then jumped 89.56% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $17.3 million in 2022, then jumped by 67.28% to $28.9 million in 2023, then slumped by 33.18% to $19.3 million in 2024, then climbed by 14.13% to $22.0 million in 2025, then soared by 77.43% to $39.1 million in 2026.
  • Business Quant data shows BFC's Operating Expenses at $39.1 million in Q1 2026, $22.0 million in Q4 2025, and $21.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 Bank First 1.63 Bn 1.23 Bn - 39.06 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 39.06 Mn
Dec 31, 2025 22.01 Mn
Sep 30, 2025 21.09 Mn
Jun 30, 2025 20.76 Mn
Mar 31, 2025 20.60 Mn
Dec 31, 2024 19.29 Mn
Sep 30, 2024 20.10 Mn
Jun 30, 2024 19.06 Mn
Mar 31, 2024 20.32 Mn
Dec 31, 2023 28.86 Mn
Sep 30, 2023 19.65 Mn
Jun 30, 2023 19.95 Mn
Mar 31, 2023 19.66 Mn
Dec 31, 2022 17.25 Mn
Sep 30, 2022 18.90 Mn
Jun 30, 2022 13.22 Mn
Mar 31, 2022 12.73 Mn
Dec 31, 2021 13.44 Mn
Sep 30, 2021 12.47 Mn
Jun 30, 2021 12.29 Mn