vs
Side-by-side financial comparison of Bank First Corp (BFC) and Clarus Corp (CLAR). Click either name above to swap in a different company.
Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $44.9M, roughly 1.5× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs -47.8%, a 93.6% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs -8.4%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $11.6M). Over the past eight quarters, Bank First Corp's revenue compounded faster (9.1% CAGR vs -2.9%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
BFC vs CLAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.9M | $65.4M |
| Net Profit | $18.4M | $-31.3M |
| Gross Margin | — | 27.7% |
| Operating Margin | 51.0% | -59.6% |
| Net Margin | 45.8% | -47.8% |
| Revenue YoY | 12.1% | -8.4% |
| Net Profit YoY | 4.8% | 52.3% |
| EPS (diluted) | $1.87 | $-0.81 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.9M | $65.4M | ||
| Q3 25 | $44.2M | $69.3M | ||
| Q2 25 | $41.6M | $55.2M | ||
| Q1 25 | $43.1M | $60.4M | ||
| Q4 24 | $40.1M | $71.4M | ||
| Q3 24 | $40.8M | $67.1M | ||
| Q2 24 | $38.9M | $56.5M | ||
| Q1 24 | $37.7M | $69.3M |
| Q4 25 | $18.4M | $-31.3M | ||
| Q3 25 | $18.0M | $-1.6M | ||
| Q2 25 | $16.9M | $-8.4M | ||
| Q1 25 | $18.2M | $-5.2M | ||
| Q4 24 | $17.5M | $-65.5M | ||
| Q3 24 | $16.6M | $-3.2M | ||
| Q2 24 | $16.1M | $-5.5M | ||
| Q1 24 | $15.4M | $21.9M |
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | — | 34.4% | ||
| Q4 24 | — | 33.4% | ||
| Q3 24 | — | 35.0% | ||
| Q2 24 | — | 36.1% | ||
| Q1 24 | — | 35.9% |
| Q4 25 | 51.0% | -59.6% | ||
| Q3 25 | 50.8% | -4.4% | ||
| Q2 25 | 49.7% | -19.7% | ||
| Q1 25 | 51.3% | -11.2% | ||
| Q4 24 | 54.4% | -70.2% | ||
| Q3 24 | 50.7% | -8.0% | ||
| Q2 24 | 51.0% | -14.4% | ||
| Q1 24 | 45.6% | -9.8% |
| Q4 25 | 45.8% | -47.8% | ||
| Q3 25 | 40.7% | -2.3% | ||
| Q2 25 | 40.5% | -15.3% | ||
| Q1 25 | 42.3% | -8.7% | ||
| Q4 24 | 49.3% | -91.8% | ||
| Q3 24 | 40.6% | -4.7% | ||
| Q2 24 | 41.3% | -9.7% | ||
| Q1 24 | 40.8% | 31.6% |
| Q4 25 | $1.87 | $-0.81 | ||
| Q3 25 | $1.83 | $-0.04 | ||
| Q2 25 | $1.71 | $-0.22 | ||
| Q1 25 | $1.82 | $-0.14 | ||
| Q4 24 | $1.75 | $-1.72 | ||
| Q3 24 | $1.65 | $-0.08 | ||
| Q2 24 | $1.59 | $-0.14 | ||
| Q1 24 | $1.51 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $243.2M | $36.7M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $643.8M | $196.4M |
| Total Assets | $4.5B | $249.0M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $243.2M | $36.7M | ||
| Q3 25 | $126.2M | $29.5M | ||
| Q2 25 | $120.3M | $28.5M | ||
| Q1 25 | $300.9M | $41.3M | ||
| Q4 24 | $261.3M | $45.4M | ||
| Q3 24 | $204.4M | $36.4M | ||
| Q2 24 | $99.0M | $46.2M | ||
| Q1 24 | $83.4M | $47.5M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $1.9M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $37.0K |
| Q4 25 | $643.8M | $196.4M | ||
| Q3 25 | $628.1M | $225.8M | ||
| Q2 25 | $612.3M | $225.1M | ||
| Q1 25 | $648.4M | $229.3M | ||
| Q4 24 | $639.7M | $233.1M | ||
| Q3 24 | $628.9M | $308.5M | ||
| Q2 24 | $614.6M | $307.3M | ||
| Q1 24 | $609.3M | $310.4M |
| Q4 25 | $4.5B | $249.0M | ||
| Q3 25 | $4.4B | $283.1M | ||
| Q2 25 | $4.4B | $286.5M | ||
| Q1 25 | $4.5B | $292.8M | ||
| Q4 24 | $4.5B | $294.1M | ||
| Q3 24 | $4.3B | $375.3M | ||
| Q2 24 | $4.1B | $369.4M | ||
| Q1 24 | $4.1B | $377.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $62.5M | $12.5M |
| Free Cash FlowOCF − Capex | $51.0M | $11.6M |
| FCF MarginFCF / Revenue | 113.6% | 17.7% |
| Capex IntensityCapex / Revenue | 25.5% | 1.4% |
| Cash ConversionOCF / Net Profit | 3.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.8M | $-9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.5M | $12.5M | ||
| Q3 25 | $15.5M | $-5.7M | ||
| Q2 25 | $11.9M | $-9.4M | ||
| Q1 25 | $6.2M | $-2.1M | ||
| Q4 24 | $65.8M | $16.6M | ||
| Q3 24 | $18.8M | $-8.3M | ||
| Q2 24 | $14.9M | $834.0K | ||
| Q1 24 | $1.3M | $-16.4M |
| Q4 25 | $51.0M | $11.6M | ||
| Q3 25 | $12.5M | $-7.0M | ||
| Q2 25 | $8.2M | $-11.3M | ||
| Q1 25 | $4.0M | $-3.3M | ||
| Q4 24 | $58.6M | $14.4M | ||
| Q3 24 | $16.9M | $-9.4M | ||
| Q2 24 | $13.7M | $-744.0K | ||
| Q1 24 | $551.0K | $-18.3M |
| Q4 25 | 113.6% | 17.7% | ||
| Q3 25 | 28.2% | -10.0% | ||
| Q2 25 | 19.8% | -20.4% | ||
| Q1 25 | 9.3% | -5.4% | ||
| Q4 24 | 146.3% | 20.1% | ||
| Q3 24 | 41.5% | -14.0% | ||
| Q2 24 | 35.3% | -1.3% | ||
| Q1 24 | 1.5% | -26.3% |
| Q4 25 | 25.5% | 1.4% | ||
| Q3 25 | 6.7% | 1.8% | ||
| Q2 25 | 8.7% | 3.4% | ||
| Q1 25 | 5.0% | 2.0% | ||
| Q4 24 | 18.0% | 3.1% | ||
| Q3 24 | 4.5% | 1.6% | ||
| Q2 24 | 3.1% | 2.8% | ||
| Q1 24 | 2.1% | 2.7% |
| Q4 25 | 3.40× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 3.75× | — | ||
| Q3 24 | 1.13× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 0.09× | -0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFC
Segment breakdown not available.
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
