Bank First
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Bank First's past years’ income statements indicate that its last revenue has increased compared to the previous period by 51% to $179,012,000. The net income raised on $74,514,000 and profit margin reached 42%. Total operating expenses were $61,796,000.
Profit Margin
| 2014 | 40.21M | 12.62M | 31.38% |
|---|---|---|---|
| 2015 | 40.75M | 13.39M | 32.86% |
| 2016 | 44.06M | 14.91M | 33.84% |
| 2017 | 51.55M | 15.31M | 29.7% |
| 2018 | 69.67M | 25.45M | 36.54% |
| 2019 | 77.64M | 26.69M | 34.38% |
| 2020 | 103.15M | 38.04M | 36.88% |
| 2021 | 108.47M | 45.44M | 41.89% |
| 2022 | 118.31M | 45.21M | 38.21% |
| 2023 | 179.01M | 74.51M | 41.63% |
BFC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 179.01M | 118.31M | 108.47M | 103.15M | 77.64M | 69.67M | 51.55M | 44.06M | 40.75M | 40.21M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 179.01M | 118.31M | 108.47M | 103.15M | 77.64M | 69.67M | 51.55M | 44.06M | 40.75M | 40.21M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 326K | 271K | 227K | 226K | 268K | 220K | 183K | 201K | 177K | 185K |
Total operating expenses | 61.79M | 271K | -48.51M | -53.27M | -43.35M | -22.77M | -19.68M | -15.51M | -15.54M | -16.55M |
Operating income | 117.21M | 72.08M | 59.96M | 49.87M | 34.28M | 46.89M | 31.87M | 28.55M | 25.21M | 23.66M |
Other income (expenses), net | -18.42M | -12.44M | 59.96M | 3.90M | 34.28M | -14.84M | -3.77M | -5.93M | -3.00M | -3.11M |
Income before tax | 98.79M | 59.63M | 59.96M | 49.87M | 34.28M | 32.05M | 24.13M | 22.61M | 20.14M | 18.87M |
Income tax expense | 24.28M | 14.41M | 14.52M | 11.83M | 7.59M | 6.59M | 8.82M | 7.70M | 6.75M | 6.25M |
Net income | 74.51M | 45.21M | 45.44M | 38.04M | 26.69M | 25.45M | 15.31M | 14.91M | 13.39M | 12.62M |
Earnings per share | ||||||||||
Basic EPS | 7.28 | 5.58 | 5.92 | 5.07 | 3.91 | 3.81 | 2.44 | 2.4 | 2.13 | 1.99 |
Diluted EPS | 7.26 | 5.56 | 5.9 | 5.05 | 3.87 | 3.81 | 2.44 | 2.4 | 2.13 | 1.99 |
| Data source | Data source | Data source | Data source | Data source | Data source |