# Bank First Gross Profit vs Operating Income Analysis

BFC | Stock | ## USD 78.99 2.21 2.88% |

Bank First financial indicator trend analysis is way more than just evaluating Bank First National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank First National is a good investment. Please check the relationship between Bank First Gross Profit and its Operating Income accounts. Continue to Trending Equities.

## Gross Profit vs Operating Income

## Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank First National Gross Profit account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Bank First's Gross Profit and Operating Income is

**0.99**. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Bank First National, assuming nothing else is changed. The correlation between historical values of Bank First's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Bank First National are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Bank First's Gross Profit and Operating Income go up and down completely randomly.## Correlation Coefficient | 0.99 |

Relationship Direction | Positive |

Relationship Strength | Very Strong |

## 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. Aggregate revenue Revenues less cost of revenue [CoR] directly attributable to the revenue generation activity.## Operating Income

Operating Income is the amount of profit realized from Bank First National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bank First National is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.Most indicators from Bank First fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Bank First Net Cash Flow Business Acquisitions and Disposals is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow Business Acquisitions and Disposals was at 4.49 Million. The current year Enterprise Value over EBIT is expected to grow to 6.74, whereas Selling General and Administrative Expense is forecasted to decline to about 36.3

**M**. 2019 | 2020 | 2021 | 2022 (projected) | |

Revenues USD | 77.05 M | 103.23 M | 110.5 M | 99.02 M |

Revenues | 77.05 M | 103.23 M | 110.5 M | 99.02 M |

## Bank First fundamental ratios Correlations

**Click cells**to compare fundamentals

## Bank First Account Relationship Matchups

## Bank First fundamental ratios Accounts

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Accumulated Other Comprehensive Income | 977 K | (366 K) | 2.49 M | 5.76 M | 3.61 M | 2.89 M | |

Total Assets | 1.75 B | 1.79 B | 2.21 B | 2.72 B | 2.94 B | 2.57 B | |

Cash and Equivalents | 101.98 M | 107.74 M | 86.45 M | 170.22 M | 296.86 M | 320.3 M | |

Cash and Equivalents USD | 101.98 M | 107.74 M | 86.45 M | 170.22 M | 296.86 M | 320.3 M | |

Deposit Liabilities | 1.51 B | 1.56 B | 1.84 B | 2.32 B | 2.53 B | 2.21 B | |

Shareholders Equity | 161.73 M | 174.32 M | 230.21 M | 294.86 M | 322.65 M | 280.18 M | |

Shareholders Equity USD | 161.73 M | 174.32 M | 230.21 M | 294.86 M | 322.65 M | 280.18 M | |

Investments | 1.57 B | 1.61 B | 2 B | 2.4 B | 2.49 B | 2.22 B | |

Total Liabilities | 1.59 B | 1.62 B | 1.98 B | 2.42 B | 2.61 B | 2.29 B | |

Property Plant and Equipment Net | 18.58 M | 24.49 M | 35.29 M | 43.18 M | 49.46 M | 41.72 M | |

Accumulated Retained Earnings Deficit | 145.88 M | 168.36 M | 189.49 M | 221.39 M | 258.1 M | 220.13 M |

## Bank First Investors Sentiment

The influence of Bank First's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bank First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Investor biases related to Bank First's public news can be used to forecast risks associated with investment in Bank First. The trend in average sentiment can be used to explain how an investor holding Bank First can time the market purely based on public headlines and social activities around Bank First National. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.

Bank First's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank First's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bank First's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Bank First.

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 against Bank First

0.73 | BMTX | Bm Technologies | Earnings Call Today | PairCorr | |||

0.54 | BNS | Bank of Nova Scotia | Fiscal Year End 29th of November 2022 | 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 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.Continue to Trending Equities. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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 0.035 | Market Capitalization 589.4 M | Quarterly Revenue Growth YOY 0.037 | 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.