Bank First (BFC) Research & Development (2017 - 2026)
Bank First's (BFC) quarterly Research & Development came in at $3.4 million in Q1 2026, up 39.53% year-on-year from $2.4 million in Q1 2025, and up 27.0% on a QoQ basis from $2.7 million in Q4 2025.
Bank First (BFC) Research & Development (2017 - 2026) Analysis & Trends
Bank First (BFC) has 10 years of Research & Development data on file, last reported at $3.4 million in Q1 2026.
- On a quarterly basis, Research & Development rose 39.53% year-over-year to $3.4 million in Q1 2026; TTM through Mar 2026 was $11.2 million, a 15.12% increase from a year earlier, with the FY2025 full-year figure at $10.3 million, up 5.81% from the prior year.
- Research & Development for Q1 2026 stood at $3.4 million, up from $2.7 million in the prior quarter.
- Over the last five years, Research & Development for BFC reached as high as $3.4 million in Q1 2026 and fell as low as $1.3 million in Q1 2022.
- Historically, Research & Development has averaged $2.2 million across 5 years, with a median of $2.2 million in 2023.
- Across the five-year window, Research & Development soared 47.75% in 2022 and dropped 3.6% in 2023, its largest moves.
- Year by year, Research & Development stood at $2.0 million in 2022, then slipped by 3.6% to $1.9 million in 2023, then jumped by 41.42% to $2.7 million in 2024, then decreased by 0.07% to $2.7 million in 2025, then grew by 27.0% to $3.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.4 million in Q1 2026, $2.7 million in Q4 2025, and $2.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 573.00 Mn |
| 10 | Bank First | 1.70 Bn | 949.55 Mn | - | 3.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.41 Mn |
| Dec 31, 2025 | 2.69 Mn |
| Sep 30, 2025 | 2.51 Mn |
| Jun 30, 2025 | 2.62 Mn |
| Mar 31, 2025 | 2.44 Mn |
| Dec 31, 2024 | 2.69 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 2.11 Mn |
| Mar 31, 2024 | 2.39 Mn |
| Dec 31, 2023 | 1.90 Mn |
| Sep 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | 2.09 Mn |
| Mar 31, 2023 | 1.86 Mn |
| Dec 31, 2022 | 1.97 Mn |
| Sep 30, 2022 | 1.58 Mn |
| Jun 30, 2022 | 1.43 Mn |
| Mar 31, 2022 | 1.35 Mn |
| Dec 31, 2021 | 1.33 Mn |
| Sep 30, 2021 | 1.26 Mn |
| Jun 30, 2021 | 1.36 Mn |