Filing Flows › Bank First (BFC) › Q3 2026 › vs Q3 2025
Bank First (BFC) Q3 2026 vs Q3 2025 (year over year)
Bank First's revenue rose $21.1M (+48%) from $44.2M in Q3 2025 to $65.3M in Q3 2026. The biggest changes: Net interest income +$17.0M (+44%); Noninterest income +$4.2M (+70%). Operating margin 45.8% against 50.8% (-5.1 pts).
Bank First, Q3 2026: revenue $65.3M (+48% year over year), operating margin 45.8%, net earnings $23.8M, operating cash flow $28.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 45.8% | 50.8% | -5.1 pts |
| Net margin | 36.4% | 40.7% | -4.3 pts |
| Free cash flow margin | 39.9% | 28.2% | +11.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $55.2M | $38.3M | $17.0M | +44% |
| Noninterest income | $10.1M | $6.0M | $4.2M | +70% |
| Revenue | $65.3M | $44.2M | $21.1M | +48% |
| Operating profit | $29.9M | $22.5M | $7.4M | +33% |
| Costs & expenses | $35.4M | $21.7M | $13.7M | +63% |
| Pre-tax earnings | $29.9M | $22.5M | $7.4M | +33% |
| Credit loss provision | $750K | $650K | $100K | +15% |
| Noninterest expense | $34.7M | $21.1M | $13.6M | +64% |
| Net earnings | $23.8M | $18.0M | $5.8M | +32% |
| Income tax | $6.1M | $4.5M | $1.6M | +36% |
| Share-based compensation | $720K | $551K | $169K | +31% |
| Working capital & other | $4.1M | −$3.1M | $7.2M | — |
| Operating cash flow | $28.6M | $15.5M | $13.1M | +85% |
| Free cash flow (OCF − capex) | $26.0M | $12.5M | $13.6M | +109% |
| Capital expenditures | $2.5M | $3.0M | −$432K | -15% |
Questions
How much did Bank First's revenue grow year over year in Q3 2026?
Bank First's revenue rose $21.1M (+48%) from $44.2M in Q3 2025 to $65.3M in Q3 2026.
What drove Bank First's revenue change in Q3 2026?
Net interest income +$17.0M (+44%); Noninterest income +$4.2M (+70%).