Bank First National (BFC) versus Its Competitors Financial Analysis

Bank First National (NASDAQ:BFC) is one of 919 public companies in the “Banks” industry, but how does it contrast to its competitors? We will compare Bank First National to related companies based on the strength of its valuation, dividends, profitability, analyst recommendations, earnings, risk and institutional ownership.

Risk and Volatility

Bank First National has a beta of 0.44, indicating that its stock price is 56% less volatile than the S&P 500. Comparatively, Bank First National’s competitors have a beta of 0.61, indicating that their average stock price is 39% less volatile than the S&P 500.

Insider & Institutional Ownership

29.9% of Bank First National shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are owned by institutional investors. 5.0% of Bank First National shares are owned by company insiders. Comparatively, 9.8% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Bank First National and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bank First National	27.38%	12.89%	1.78%
Bank First National Competitors	15.64%	9.43%	0.93%

Dividends

Bank First National pays an annual dividend of $2.40 per share and has a dividend yield of 1.6%. Bank First National pays out 30.0% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 9.3% and pay out 29.0% of their earnings in the form of a dividend. Bank First National has increased its dividend for 10 consecutive years. Bank First National lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Analyst Recommendations

This is a summary of current ratings for Bank First National and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bank First National	0	2	2	1	2.80
Bank First National Competitors	7470	30209	27786	1473	2.35

Bank First National presently has a consensus target price of $163.00, indicating a potential upside of 9.44%. As a group, “Banks” companies have a potential upside of 16.73%. Given Bank First National’s competitors higher possible upside, analysts clearly believe Bank First National has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Bank First National and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Bank First National	$243.93 million	$71.50 million	18.59
Bank First National Competitors	$222.41 billion	$2.42 billion	20.20

Bank First National’s competitors have higher revenue and earnings than Bank First National. Bank First National is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Bank First National competitors beat Bank First National on 10 of the 15 factors compared.

Bank First National Company Profile

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 offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. The company's loan products include real estate loans, including commercial real estate, residential mortgage, and home equity loans; commercial and industrial loans for working capital, accounts receivable, inventory financing, and other business purposes; construction and development loans; residential 1-4 family loans; and consumer loans for personal and household purposes, including secured and unsecured installment loans, and revolving lines of credit. It also provides credit cards; ATM processing; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services. The company was formerly known as Bank First National Corporation and changed its name to Bank First Corporation in June 2019. Bank First Corporation was founded in 1894 and is headquartered in Manitowoc, Wisconsin.