Bank First (BFC) Tax Rate (2017 - 2026)
Bank First (BFC) reported Tax Rate of 19.05% for Q1 2026, up 151.0% year-over-year from 7.59% in Q1 2025, and down 3.47% quarter-over-quarter from 19.74% in Q4 2025.
Bank First (BFC) Tax Rate (2017 - 2026) Analysis & Trends
Bank First (BFC) has 10 years of Tax Rate data on file, last reported at 19.05% in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.05%, up 151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.28% (up 31.0% YoY), and the FY2025 annual result was 18.91%, up 137.0% from the prior year.
- Tax Rate declined to 19.05% in Q1 2026 per BFC's latest filing, from 19.74% in the prior quarter.
- Over five years, Tax Rate peaked at 25.15% in Q2 2023 and troughed at 21.23% in Q4 2023.
- A 5-year average of 17.28% and a median of 19.94% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 4461 bps in 2023, then surged 4072 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 23.38% in 2022, then slumped by 191 bps to 21.23% in 2023, then jumped by 192 bps to 19.5% in 2024, then advanced by 1 bps to 19.74% in 2025, then decreased by 3 bps to 19.05% in 2026.
- Business Quant data shows BFC's Tax Rate at 19.05% in Q1 2026, 19.74% in Q4 2025, and 19.94% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Bank First | 1.63 Bn | 1.23 Bn | - | 19.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.05% |
| Mar 31, 2026 | 19.05% |
| Dec 31, 2025 | 19.74% |
| Dec 31, 2025 | 19.74% |
| Sep 30, 2025 | 19.94% |
| Sep 30, 2025 | 19.94% |
| Jun 30, 2025 | 18.35% |
| Jun 30, 2025 | 18.35% |
| Mar 31, 2025 | 17.54% |
| Mar 31, 2025 | 17.54% |
| Dec 31, 2024 | 19.50% |
| Dec 31, 2024 | 19.50% |
| Sep 30, 2024 | 19.95% |
| Sep 30, 2024 | 19.95% |
| Jun 30, 2024 | 19.00% |
| Jun 30, 2024 | 19.00% |
| Mar 31, 2024 | -9.87% |
| Mar 31, 2024 | -9.87% |
| Dec 31, 2023 | -21.23% |
| Dec 31, 2023 | -21.23% |