Bank First (BFC) Research & Development (2017 - 2026)

Bank First (BFC) has reported Research & Development for 10 consecutive years, with $4.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 54.39% year-over-year to $4.0 million in Q2 2026; TTM through Jun 2026 was $12.6 million, a 23.34% increase from a year earlier, with the FY2025 full-year figure at $10.3 million, up 5.81% from the prior year.
• Research & Development was $4.0 million for Q2 2026 at Bank First, up from $3.4 million in the prior quarter.
• Over five years, Research & Development peaked at $4.0 million in Q2 2026 and troughed at $1.3 million in Q1 2022.
• A 5-year average of $2.3 million and a median of $2.3 million in 2023 frame the typical range for Research & Development.
• Across the five-year window, Research & Development declined 3.6% in 2023 and soared 54.39% in 2026, its largest moves.
• Over 5 years, Research & Development stood at $2.0 million in 2022, then declined by 3.6% to $1.9 million in 2023, then soared by 41.42% to $2.7 million in 2024, then dropped by 0.07% to $2.7 million in 2025, then surged by 50.65% to $4.0 million in 2026.
• The last three Research & Development figures came in at $4.0 million (Q2 2026), $3.4 million (Q1 2026), and $2.7 million (Q4 2025), per Business Quant data.