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
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 |
| 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 |