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
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