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
DateValue
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%