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% on a QoQ basis from $22.0 million in Q4 2025.

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

  • Quarterly Operating Expenses rose 89.56% year-over-year to $39.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $102.9 million (up 30.19% YoY) and the FY2025 annual result came in at $84.5 million, up 7.23% from the prior year.
  • Operating Expenses climbed to $39.1 million in Q1 2026 per BFC's latest filing, from $22.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $39.1 million in Q1 2026 and bottomed at $12.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $19.9 million (2023), against an average of $20.7 million.
  • The widest annual swing landed in 2024, when Operating Expenses tumbled 33.18%; it then surged 89.56% in 2026.
  • Tracing BFC's Operating Expenses over 5 years: stood at $17.3 million in 2022, then surged by 67.28% to $28.9 million in 2023, then plunged by 33.18% to $19.3 million in 2024, then gained by 14.13% to $22.0 million in 2025, then jumped by 77.43% to $39.1 million in 2026.
  • Per Business Quant, the three latest BFC Operating Expenses figures stand at $39.1 million (Q1 2026), $22.0 million (Q4 2025), and $21.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -287,925.00
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 7.75 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 11.90 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 2.55 Bn
8 KB Financial 150.02 Bn 142.15 Bn - -20.00 Mn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 3.77 Bn
10 Bank First 1.59 Bn 1.19 Bn - 39.06 Mn

Historic Data

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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
Mar 31, 2021 12.36 Mn
Dec 31, 2020 13.97 Mn
Sep 30, 2020 12.20 Mn
Jun 30, 2020 14.44 Mn
Mar 31, 2020 12.74 Mn
Dec 31, 2019 11.18 Mn
Sep 30, 2019 12.09 Mn
Jun 30, 2019 9.96 Mn
Mar 31, 2019 9.54 Mn
Dec 31, 2018 9.89 Mn
Sep 30, 2018 9.71 Mn
Jun 30, 2018 10.06 Mn
Mar 31, 2018 9.98 Mn
Dec 31, 2017 10.42 Mn
Sep 30, 2017 6.99 Mn
Jun 30, 2017 6.64 Mn
Mar 31, 2017 6.35 Mn