Bank Historical Income Statement
BFC Stock | USD 85.51 4.21 5.18% |
Historical analysis of Bank First income statement accounts such as Interest Expense of 9.4 M, Selling General Administrative of 42.4 M or Total Revenue of 195.4 M can show how well Bank First National performed in making a profits. Evaluating Bank First income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank First's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bank First National latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank First National is a good buy for the upcoming year.
Bank |
About Bank Income Statement Analysis
Bank First National Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bank First shareholders. The income statement also shows Bank investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Bank First Income Statement Chart
Bank First National Income Statement is one of the three primary financial statements used for reporting Bank's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bank First National revenue and expense. Bank First Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Bank First's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 42.4 M, whereas EBIT is projected to grow to (16.9 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Bank First National generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bank First National minus its cost of goods sold. It is profit before Bank First operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank First National. It is also known as Bank First overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Bank First's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank First National current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank First National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At present, Bank First's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 42.4 M, whereas EBIT is projected to grow to (16.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.3M | 12.4M | 4.8M | 9.4M | Depreciation And Amortization | 3.2M | 4.0M | 8.4M | 8.8M |
Bank First income statement Correlations
Click cells to compare fundamentals
Bank First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank First income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.3M | 3.2M | 3.2M | 4.0M | 8.4M | 8.8M | |
Interest Expense | 19.5M | 13.9M | 8.3M | 12.4M | 4.8M | 9.4M | |
Selling General Administrative | 28.0M | 33.7M | 34.6M | 40.3M | 40.4M | 42.4M | |
Total Revenue | 77.6M | 103.2M | 108.5M | 118.3M | 186.1M | 195.4M | |
Gross Profit | 77.6M | 103.2M | 108.5M | 118.3M | 186.5M | 195.8M | |
Other Operating Expenses | 43.4M | 53.3M | 48.5M | 271K | 130.4M | 137.0M | |
Operating Income | 34.3M | 49.9M | 60.0M | 72.1M | 108.2M | 113.6M | |
Ebit | 34.3M | 49.9M | 60.0M | 72.1M | (17.8M) | (16.9M) | |
Ebitda | 36.6M | 53.0M | 63.2M | 76.1M | (9.4M) | (8.9M) | |
Total Operating Expenses | (43.4M) | (53.3M) | (48.5M) | 271K | 31.1M | 32.7M | |
Income Before Tax | 34.3M | 49.9M | 60.0M | 59.6M | 98.8M | 103.7M | |
Total Other Income Expense Net | 34.3M | 49.9M | 60.0M | (12.4M) | 98.8M | 103.7M | |
Net Income | 26.7M | 38.0M | 45.4M | 45.2M | 74.5M | 78.2M | |
Income Tax Expense | 7.6M | 11.8M | 14.5M | 14.4M | 24.3M | 25.5M | |
Selling And Marketing Expenses | 268K | 226K | 227K | 271K | 326K | 309.7K | |
Net Income Applicable To Common Shares | 26.5M | 38.0M | 45.4M | 45.2M | 52.0M | 54.6M | |
Net Income From Continuing Ops | 26.7M | 38.0M | 45.4M | 45.2M | 52.5M | 31.9M | |
Tax Provision | 7.6M | 11.8M | 14.5M | 14.4M | 17.1M | 11.7M | |
Net Interest Income | 69.7M | 86.8M | 90.1M | 104.1M | 131.2M | 81.3M | |
Interest Income | 89.2M | 100.7M | 98.4M | 116.5M | 169.6M | 96.7M | |
Reconciled Depreciation | 2.3M | 3.2M | 3.2M | 4.0M | 7.5M | 7.9M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank First in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank First's short interest history, or implied volatility extrapolated from Bank First options trading.
Pair Trading with Bank First
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank First position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank First will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
0.74 | MBWM | Mercantile Bank Fiscal Quarter End 31st of March 2024 | PairCorr |
0.7 | MCBS | MetroCity Bankshares Fiscal Quarter End 31st of March 2024 | PairCorr |
Moving against Bank Stock
0.45 | KB | KB Financial Group Financial Report 20th of May 2024 | PairCorr |
0.45 | MFBP | MF Bancorp | PairCorr |
0.43 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Bank First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank First when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank First - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank First National to buy it.
The correlation of Bank First is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank First National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank First can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank First National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Bank First National information on this page should be used as a complementary analysis to other Bank First's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Bank Stock analysis
When running Bank First's price analysis, check to measure Bank First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank First is operating at the current time. Most of Bank First's value examination focuses on studying past and present price action to predict the probability of Bank First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank First's price. Additionally, you may evaluate how the addition of Bank First to your portfolios can decrease your overall portfolio volatility.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Stocks Directory Find actively traded stocks across global markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Bank First's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank First. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank First listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.369 | Dividend Share 1.15 | Earnings Share 7.28 | Revenue Per Share 17.596 | Quarterly Revenue Growth 0.995 |
The market value of Bank First National is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank First's value that differs from its market value or its book value, called intrinsic value, which is Bank First's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank First's market value can be influenced by many factors that don't directly affect Bank First's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank First's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank First is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank First's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.