Bank First Corporation (FRA:42H)

Bank First Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	200.01	189.01	168.82	106.95	93.42	95.27
Interest Income on Investments	17.4	17.4	13.67	9.58	4.96	5.43
Total Interest Income	217.41	206.41	182.48	116.53	98.39	100.7
Interest Paid on Deposits	68.29	64.17	42.37	10.27	7.53	12.47
Interest Paid on Borrowings	4.44	4.44	6.64	2.18	0.78	1.39
Total Interest Expense	72.73	68.61	49	12.45	8.3	13.87
Net Interest Income	144.68	137.8	133.48	104.09	90.08	86.84
Net Interest Income Growth (YoY)	8.52%	3.24%	28.24%	15.54%	3.74%	24.64%
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.7
Gain (Loss) on Sale of Investments	-	-0.03	31	-	-0	3.23
Gain (Loss) on Sale of Equity Investments	3.48	3.5	5.19	5.61	5.14	5.81
Other Non-Interest Income	15.96	14.88	13.13	12.53	11.01	7.47
Total Non-Interest Income	20.92	19.65	50.21	19.7	23.52	22.13
Non-Interest Income Growth (YoY)	-58.27%	-60.88%	154.88%	-16.23%	6.30%	75.15%
Revenues Before Loan Losses	165.6	157.45	183.69	123.79	113.6	108.96
Provision for Loan Losses	-0.4	-0.8	4.68	2.2	3.1	7.13
Revenue	166	158.25	179.01	121.59	110.5	101.84
Revenue Growth (YoY)	-9.17%	-11.60%	47.23%	10.03%	8.51%	32.17%
Salaries and Employee Benefits	37.94	37.43	36.61	30.29	25.95	24.92
Occupancy Expenses	0.6	-	-	-	-	-
Amortization of Goodwill & Intangibles	5.39	5.79	6.32	2.32	1.41	1.64
Selling, General & Administrative	25.06	24.88	23.35	21.32	16.12	17.8
Other Non-Interest Expense	10.97	10.53	10.85	7.45	6.54	5.71
Total Non-Interest Expense	80.75	78.73	80.22	61.95	50.53	50.64
EBT Excluding Unusual Items	85.25	79.51	98.79	59.63	59.97	51.2
Other Unusual Items	-	-	-	-	-	-1.32
Pretax Income	85.25	79.51	98.79	59.63	59.97	49.88
Income Tax Expense	16.04	13.95	24.28	14.42	14.52	11.83
Net Income	69.21	65.56	74.51	45.21	45.44	38.05
Preferred Dividends & Other Adjustments	0.35	0.35	0.43	0.33	0.35	0.29
Net Income to Common	68.86	65.21	74.09	44.88	45.09	37.76
Net Income Growth	-14.74%	-12.01%	64.80%	-0.51%	19.45%	42.53%
Basic Shares Outstanding	10	10	10	8	8	7
Diluted Shares Outstanding	10	10	10	8	8	7
Shares Change (YoY)	-2.78%	-1.41%	26.46%	5.55%	2.42%	9.93%
EPS (Basic)	6.94	6.50	7.28	5.58	5.92	5.07
EPS (Diluted)	6.93	6.50	7.28	5.58	5.92	5.07
EPS Growth	-12.28%	-10.71%	30.48%	-5.70%	16.70%	29.53%
Dividend Per Share	1.750	1.550	1.150	0.940	0.850	0.810
Dividend Growth	34.62%	34.78%	22.34%	10.59%	4.94%	1.25%
Effective Tax Rate	18.82%	17.54%	24.58%	24.18%	24.22%	23.72%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.