Bank First (BFC) Research & Development (2017 - 2026)
Bank First (BFC) reported Research & Development of $3.4 million for Q1 2026, up 39.53% year-over-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) has 10 years of Research & Development data on file, last reported at $3.4 million in Q1 2026.
- Quarterly Research & Development rose 39.53% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.2 million (up 15.12% YoY) and the FY2025 annual result came in at $10.3 million, up 5.81% from the prior year.
- Research & Development rose to $3.4 million in Q1 2026 per BFC's latest filing, from $2.7 million in the prior quarter.
- Across five years, Research & Development topped out at $3.4 million in Q1 2026 and bottomed at $1.3 million in Q1 2022.
- The 5-year median for Research & Development is $2.2 million (2023), against an average of $2.2 million.
- The widest annual swing landed in 2022, when Research & Development soared 47.75%; it then dropped 3.6% in 2023.
- Tracing BFC's Research & Development over 5 years: stood at $2.0 million in 2022, then dropped by 3.6% to $1.9 million in 2023, then surged by 41.42% to $2.7 million in 2024, then slipped by 0.07% to $2.7 million in 2025, then increased by 27.0% to $3.4 million in 2026.
- Per Business Quant, the three latest BFC Research & Development figures stand at $3.4 million (Q1 2026), $2.7 million (Q4 2025), and $2.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 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 | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | Bank First | 1.59 Bn | 1.19 Bn | - | 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 |
| Mar 31, 2021 | 1.39 Mn |
| Dec 31, 2020 | 1.52 Mn |
| Sep 30, 2020 | 1.46 Mn |
| Jun 30, 2020 | 1.33 Mn |
| Mar 31, 2020 | 1.20 Mn |
| Dec 31, 2019 | 1.48 Mn |
| Sep 30, 2019 | 1.16 Mn |
| Jun 30, 2019 | 960,000.00 |
| Mar 31, 2019 | 913,000.00 |
| Dec 31, 2018 | 899,000.00 |
| Sep 30, 2018 | 856,000.00 |
| Jun 30, 2018 | 925,000.00 |
| Mar 31, 2018 | 939,000.00 |
| Dec 31, 2017 | 848,000.00 |
| Sep 30, 2017 | 752,000.00 |