Bank First Piotroski F Score

BFC
 Stock
  

USD 74.45  1.36  1.79%   

This module uses fundamental data of Bank First to approximate its Piotroski F score. Bank First F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bank First National. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Bank First financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Bank First Altman Z Score, Bank First Correlation, Bank First Valuation, as well as analyze Bank First Alpha and Beta and Bank First Hype Analysis.
  
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Bank First Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 66.63 Million. The current year Debt to Equity Ratio is expected to grow to 8.86, whereas Issuance Repayment of Debt Securities is forecasted to decline to (10.9 M). Bank First Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 0.039. The current year Debt to Equity Ratio is expected to grow to 8.86, whereas Book Value per Share is forecasted to decline to 39.07.
At this time, it appears that Bank First's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Bank First Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Bank First is to make sure Bank First is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bank First's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Bank First's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares8.1 M7.6 M
Notably Up
Increasing
Slightly volatile
Net Cash Flow from Operations35.3 M40.3 M
Fairly Down
Increasing
Slightly volatile
Total Assets2.6 B2.9 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities2.3 B2.6 B
Fairly Down
Increasing
Slightly volatile
Total Debt71.5 M66.6 M
Notably Up
Increasing
Slightly volatile
Return on Average Assets0.01550.016
Sufficiently Down
Decreasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.04170.039
Notably Up
Decreasing
Slightly volatile

Bank First National F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Bank First's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bank First in a much-optimized way.

About Bank First Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

8.11 Million

Share
Bank First Weighted Average Shares is projected to increase significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 7.63 Million

Bank First Current Valuation Drivers

We derive many important indicators used in calculating different scores of Bank First from analyzing Bank First's financial statements. These drivers represent accounts that assess Bank First's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bank First's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets1.12 B1.77 B2 B2.55 B2.86 B2.55 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA25.4 M33.92 M36.63 M53.05 M63.15 M52.42 M
Earnings Before Interest Taxes and Depreciation Amortization USD25.4 M33.92 M36.63 M53.05 M63.15 M52.42 M
Earnings before Tax24.14 M32.05 M34.29 M49.88 M59.97 M49.64 M
Average Equity116.67 M168.03 M205.04 M273.69 M313.2 M275.99 M
Free Cash Flow15.5 M15.57 M15.38 M35.88 M32.11 M28.08 M
Invested Capital1.7 B1.71 B2.18 B2.56 B2.64 B2.36 B
Invested Capital Average1.07 B1.7 B1.92 B2.46 B2.58 B2.34 B
Tangible Asset Value1.73 B1.77 B2.16 B2.65 B2.87 B2.52 B

About Bank First Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank First National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank First using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank First National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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. Bank First Corporation was founded in 1894 and is headquartered in Manitowoc, Wisconsin. Bank First operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 279 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bank First without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Bank First Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Bank First Altman Z Score, Bank First Correlation, Bank First Valuation, as well as analyze Bank First Alpha and Beta and Bank First Hype Analysis. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Bank First Stock analysis

When running Bank First National 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 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.
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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 First 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 YOY
-0.1
Market Capitalization
567.8 M
Quarterly Revenue Growth YOY
-0.044
Return On Assets
0.0153
Return On Equity
0.14
The market value of Bank First National is measured differently than its book value, which is the value of Bank First 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 Bank First value 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.