Bank First (BFC) Operating Expenses (2017 - 2026)
Bank First's (BFC) quarterly Operating Expenses came in at $39.1 million in Q1 2026, up 89.56% year-on-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) 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.
- On a quarterly basis, Operating Expenses rose 89.56% year-over-year to $39.1 million in Q1 2026; TTM through Mar 2026 was $102.9 million, a 30.19% increase from a year earlier, with the FY2025 full-year figure at $84.5 million, up 7.23% from the prior year.
- Operating Expenses for Q1 2026 stood at $39.1 million, up from $22.0 million in the prior quarter.
- Over the last five years, Operating Expenses for BFC reached as high as $39.1 million in Q1 2026 and fell as low as $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.
- Across the five-year window, Operating Expenses tumbled 33.18% in 2024 and surged 89.56% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $17.3 million in 2022, then jumped by 67.28% to $28.9 million in 2023, then tumbled by 33.18% to $19.3 million in 2024, then rose by 14.13% to $22.0 million in 2025, then soared by 77.43% to $39.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | Bank First | 1.70 Bn | 949.55 Mn | - | 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 |