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| Date | Value |
|---|---|
| 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 |