(BFC) Bank First National - Overview
Stock: Checking, Savings, Loans, Mortgages, Treasury
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.65% |
| Yield on Cost 5y | 9.26% |
| Yield CAGR 5y | 46.84% |
| Payout Consistency | 93.6% |
| Payout Ratio | 66.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.9% |
| Relative Tail Risk | -5.14% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.48 |
| Alpha | 43.52 |
| Character TTM | |
|---|---|
| Beta | 0.502 |
| Beta Downside | 0.375 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.90% |
| CAGR/Max DD | 1.33 |
Description: BFC Bank First National January 18, 2026
Bank First Corporation (NASDAQ:BFC) is a Wisconsin-based holding company for Bank First, N.A., delivering a full suite of consumer and commercial banking services-including checking, savings, money-market, cash-management, retirement, health-savings, and residential mortgage products-to individuals, professionals, and businesses across the state.
The firm’s loan portfolio spans real-estate financing (commercial, residential, and home-equity), commercial and industrial lines for working-capital needs, construction and development loans, and consumer credit such as secured/unsecured installment loans and revolving credit lines. Ancillary services include credit cards, insurance, data-processing, investment-safekeeping, treasury management, and digital banking channels (online, telephone, mobile).
Key recent metrics (Q4 2023) show a net interest margin of 3.45%, a loan-to-deposit ratio of 78%, and a Common Equity Tier 1 (CET1) capital ratio of 11.2%, indicating solid profitability and capital adequacy for a regional bank. Deposits grew 4% YoY, while total loans rose 5% YoY, reflecting modest credit expansion amid a higher-for-longer interest-rate environment.
Sector-level drivers that will likely impact BFC include the Federal Reserve’s policy stance (persistently elevated rates supporting net interest income but pressuring loan demand), the Wisconsin housing market’s modest price appreciation (≈2% annual), and the regional commercial-real-estate outlook, which remains sensitive to small-business cash-flow health and construction activity trends.
For a deeper, data-rich perspective on BFC’s valuation dynamics, you might explore the analyst tools on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 71.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.08 > 1.0 |
| NWC/Revenue: -1416 % < 20% (prev -1454 %; Δ 38.24% < -1%) |
| CFO/TA 0.01 > 3% & CFO 64.3m > Net Income 71.5m |
| Net Debt (-133.7m) to EBITDA (93.8m): -1.43 < 3 |
| Current Ratio: 0.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (9.83m) vs 12m ago -1.77% < -2% |
| Gross Margin: 70.34% > 18% (prev 0.70%; Δ 6965 % > 0.5%) |
| Asset Turnover: 5.39% > 50% (prev 4.97%; Δ 0.43% > 0%) |
| Interest Coverage Ratio: 0.93 > 6 (EBITDA TTM 93.8m / Interest Expense TTM 70.1m) |
Altman Z'' -4.03
| A: -0.77 (Total Current Assets 133.7m - Total Current Liabilities 3.54b) / Total Assets 4.42b |
| B: 0.09 (Retained Earnings 403.0m / Total Assets 4.42b) |
| C: 0.01 (EBIT TTM 65.3m / Avg Total Assets 4.46b) |
| D: 0.60 (Book Value of Equity 1.66b / Total Liabilities 2.76b) |
| Altman-Z'' Score: -4.03 = D |
What is the price of BFC shares?
Over the past week, the price has changed by +8.58%, over one month by +22.68%, over three months by +24.15% and over the past year by +51.85%.
Is BFC a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BFC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 155 | 2.3% |
| Analysts Target Price | 155 | 2.3% |
| ValueRay Target Price | 204.4 | 34.9% |
BFC Fundamental Data Overview February 01, 2026
P/S = 9.0678
P/B = 2.4149
Revenue TTM = 240.4m USD
EBIT TTM = 65.3m USD
EBITDA TTM = 93.8m USD
Long Term Debt = 221.9m USD (from longTermDebt, two quarters ago)
Short Term Debt = 130.0m USD (from shortTermDebt, two quarters ago)
Debt = 221.9m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -133.7m USD (from netDebt column, last quarter)
Enterprise Value = 1.65b USD (1.57b + Debt 221.9m - CCE 133.7m)
Interest Coverage Ratio = 0.93 (Ebit TTM 65.3m / Interest Expense TTM 70.1m)
EV/FCF = 31.72x (Enterprise Value 1.65b / FCF TTM 52.1m)
FCF Yield = 3.15% (FCF TTM 52.1m / Enterprise Value 1.65b)
FCF Margin = 21.68% (FCF TTM 52.1m / Revenue TTM 240.4m)
Net Margin = 29.73% (Net Income TTM 71.5m / Revenue TTM 240.4m)
Gross Margin = 70.34% ((Revenue TTM 240.4m - Cost of Revenue TTM 71.3m) / Revenue TTM)
Gross Margin QoQ = 73.17% (prev 70.29%)
Tobins Q-Ratio = 0.37 (Enterprise Value 1.65b / Total Assets 4.42b)
Interest Expense / Debt = 7.42% (Interest Expense 16.5m / Debt 221.9m)
Taxrate = 19.74% (4.52m / 22.9m)
NOPAT = 52.4m (EBIT 65.3m * (1 - 19.74%))
Current Ratio = 0.04 (Total Current Assets 133.7m / Total Current Liabilities 3.54b)
Debt / Equity = 0.13 (Debt 221.9m / totalStockholderEquity, last quarter 1.66b)
Debt / EBITDA = -1.43 (Net Debt -133.7m / EBITDA 93.8m)
Debt / FCF = -2.57 (Net Debt -133.7m / FCF TTM 52.1m)
Total Stockholder Equity = 887.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.60% (Net Income 71.5m / Total Assets 4.42b)
RoE = 8.06% (Net Income TTM 71.5m / Total Stockholder Equity 887.0m)
RoCE = 5.88% (EBIT 65.3m / Capital Employed (Equity 887.0m + L.T.Debt 221.9m))
RoIC = 6.60% (NOPAT 52.4m / Invested Capital 793.2m)
WACC = 7.54% (E(1.57b)/V(1.79b) * Re(7.76%) + D(221.9m)/V(1.79b) * Rd(7.42%) * (1-Tc(0.20)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 81.65 | Cagr: 11.80%
[DCF Debug] Terminal Value 82.45% ; FCFF base≈51.0m ; Y1≈61.3m ; Y5≈98.3m
Fair Price DCF = 176.0 (EV 1.84b - Net Debt -133.7m = Equity 1.97b / Shares 11.2m; r=7.54% [WACC]; 5y FCF grow 21.54% → 2.90% )
EPS Correlation: 65.85 | EPS CAGR: 11.27% | SUE: 2.04 | # QB: 2
Revenue Correlation: 91.57 | Revenue CAGR: 23.38% | SUE: 3.89 | # QB: 2
EPS next Quarter (2026-03-31): EPS=2.35 | Chg30d=+0.040 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=10.28 | Chg30d=+0.445 | Revisions Net=+1 | Growth EPS=+38.5% | Growth Revenue=+55.2%
EPS next Year (2027-12-31): EPS=10.76 | Chg30d=+0.455 | Revisions Net=+1 | Growth EPS=+4.7% | Growth Revenue=+2.7%