Bank First (BFC) Operating Expenses (2017 - 2026)
Bank First (BFC) posted quarterly 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 reported Operating Expenses for 10 consecutive years, with $39.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 89.56% year-over-year to $39.1 million; the TTM figure through Mar 2026 stood at $102.9 million (up 30.19% YoY), while the FY2025 annual figure was $84.5 million, up 7.23% from the prior year.
- Operating Expenses rose 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.
- Historically, Operating Expenses has averaged $20.7 million across 5 years, with a median of $19.9 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 33.18% — and 2026, when it jumped 89.56%.
- Bank First's Operating Expenses stood at $17.3 million in 2022, then surged by 67.28% to $28.9 million in 2023, then tumbled by 33.18% to $19.3 million in 2024, then grew by 14.13% to $22.0 million in 2025, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.07 Bn | 84.87 Bn | - | - |
| 2 | Pnc Financial Services | 98.33 Bn | 98.33 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.62 Bn | 96.62 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 75.00 Bn | -144.09 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.24 Bn | -81.07 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.71 Bn | 57.02 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 62.05 Bn | 62.05 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.80 Bn | 26.07 Bn | - | 2.11 Bn |
| 10 | Bank First | 1.70 Bn | 1.08 Bn | - | 34.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.40 Mn |
| 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 |