profit from every $100 of sales.
$0$100
Bank First
$150.04-0.28% today
+19.9% in 1 year
1-year low $119.081-year high $158.42
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $23.18 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Bank First sold, what it kept, and what it did with the cash.
Sales went from $118 million in 2022 to $170 million in 2025, with $71.5 million of profit last year.
SalesProfit
Bank First handed back more cash to shareholders than it generated last year.
$53M
Free cash flow 2025$51M
Bought back its own shares$22M
Paid as dividends$53M
Cash vs. debt$243M vs. $122M
Bank First vs. similar companies
Bank First grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Bank First | 23.2× · Fair price | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.5× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads Bank First's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 118 | 137 | 155 | 170 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 45 | 75 | 66 | 71 | |
| 5.58 | 7.28 | 6.50 | 7.23 | |
| – | – | – | – | |
| – | – | – | – | |
| 38.2% | 54.2% | 42.4% | 42.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,660 | 4,222 | 4,495 | 4,506 |
| Cash | 119 | 247 | 261 | 243 |
| Total debt | 25 | 51 | 147 | 122 |
| Total liabilities | 3,207 | 3,602 | 3,855 | 3,862 |
| 453 | 620 | 640 | 644 | |
| 8 | 10 | 10 | 10 | |
| – | – | – | – | |
| 10.0% | 12.0% | 10.2% | 11.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 40 | 53 | 66 | 62 | |
| 7 | 13 | 7 | 11 | |
| 33 | 39 | 59 | 51 | |
| Dividends paid | 8 | 12 | 16 | 53 |
| 14 | 10 | 32 | 22 | |
| 2 | 2 | 2 | 2 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 23.2×
- 15.5×
- 2.57
- 2.0×
- 9.7×
- 4.3%
- 1.3%
Profitability
- 42.0%
- 1.2%
- 9.4%
- 10.8%
- 1.2%
Growth
- +12.9%
- +9.0%
- +45.6%
- +6.6%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 30%of 827
Top 25%of 709
Bottom 22%of 876
Top 33%of 879
Bottom 35%of 926
What analysts expect
- Average price target
- $157.00
- Range
- $157.00 – $157.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 16, 2026 | 2.24 | 2.40 | −6.7% |
| Jan 22, 2026 | 2.00 | 1.81 | +10.5% |
| Oct 21, 2025 | 1.91 | 1.85 | +3.2% |
| Jul 18, 2025 | 1.71 | 1.80 | −5.0% |
| Apr 15, 2025 | 1.82 | 1.62 | +12.3% |
| Feb 28, 2025 | 1.75 | – | – |
| Oct 15, 2024 | 1.65 | 1.58 | +4.4% |
| Jul 16, 2024 | 1.56 | 1.43 | +9.1% |
1.3%of the share price, paid each year
On $1,000 invested$13a year at today's yield, before tax
+45.6%2020 to 2025
Raised3 yearsin a row, in our data
Paid per share, each year
$0.63 in 2015 → $5.30 in 2025
How safe it looks
73.4% of its profit
Room to growStretchedMore than it earns: 102.9%
News
Better U.S. Bank ETF: State Street's KBE vs. First Trust's FTXOYahoo Finance · Nov 13, 2026Bank of America’s Matthew O’Neill Is Positive on Block (XYZ) for Early 2027. One Question RemainsYahoo Finance · Nov 12, 2026China’s central bank vows ample liquidity and yuan stability in Q3 monetary policy reportSeeking Alpha · Nov 12, 2026Mitsui Chemicals to buy chip materials maker JSR with Development Bank of Japan in $8.8B dealSeeking Alpha · Nov 9, 2026Bank of America has unexpected advice for tech stock investors after midtermsYahoo Finance · Nov 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
53No pass
Benjamin Graham
54No pass
Philip Fisher
62Pass
Peter Lynch
42No pass
Joel Greenblatt
10No pass
Charlie Munger
53No pass
Terry Smith
48No pass
Questions about Bank First
Is Bank First a good stock to buy?
A strong, very profitable business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Bank First AI analysis
What does Bank First do?
Bank First Corporation operates as a holding company for Bank First N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It is in Banks - Regional.
Does Bank First pay a dividend?
Yes. At today's price the dividend is 1.3% a year, about 73% of its yearly profit. In 2025 it paid out $52.5 million in dividends.
Is Bank First stock halal?
No. Bank First does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Bank First stock done over the past year?
Up 19.9% over the past twelve months, to $150.04. It traded between $119.08 and $158.42 and is 5.3% below its high.
Who are Bank First's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Bank First's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.