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Side-by-side financial comparison of Bank First Corp (BFC) and Cytek Biosciences, Inc. (CTKB). Click either name above to swap in a different company.

Cytek Biosciences, Inc. is the larger business by last-quarter revenue ($62.1M vs $44.9M, roughly 1.4× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs -70.9%, a 116.7% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs 8.1%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $-1.8M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs 9.1%).

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.

Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.

BFC vs CTKB — Head-to-Head

Bigger by revenue
CTKB
CTKB
1.4× larger
CTKB
$62.1M
$44.9M
BFC
Growing faster (revenue YoY)
BFC
BFC
+4.0% gap
BFC
12.1%
8.1%
CTKB
Higher net margin
BFC
BFC
116.7% more per $
BFC
45.8%
-70.9%
CTKB
More free cash flow
BFC
BFC
$52.8M more FCF
BFC
$51.0M
$-1.8M
CTKB
Faster 2-yr revenue CAGR
CTKB
CTKB
Annualised
CTKB
17.7%
9.1%
BFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFC
BFC
CTKB
CTKB
Revenue
$44.9M
$62.1M
Net Profit
$18.4M
$-44.1M
Gross Margin
52.9%
Operating Margin
51.0%
-9.0%
Net Margin
45.8%
-70.9%
Revenue YoY
12.1%
8.1%
Net Profit YoY
4.8%
-557.1%
EPS (diluted)
$1.87

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.

Revenue
BFC
BFC
CTKB
CTKB
Q4 25
$44.9M
$62.1M
Q3 25
$44.2M
$52.3M
Q2 25
$41.6M
$45.6M
Q1 25
$43.1M
$41.5M
Q4 24
$40.1M
$57.5M
Q3 24
$40.8M
$51.5M
Q2 24
$38.9M
$46.6M
Q1 24
$37.7M
$44.9M
Net Profit
BFC
BFC
CTKB
CTKB
Q4 25
$18.4M
$-44.1M
Q3 25
$18.0M
$-5.5M
Q2 25
$16.9M
$-5.6M
Q1 25
$18.2M
$-11.4M
Q4 24
$17.5M
$9.6M
Q3 24
$16.6M
$941.0K
Q2 24
$16.1M
$-10.4M
Q1 24
$15.4M
$-6.2M
Gross Margin
BFC
BFC
CTKB
CTKB
Q4 25
52.9%
Q3 25
52.7%
Q2 25
52.3%
Q1 25
48.6%
Q4 24
58.5%
Q3 24
56.3%
Q2 24
54.6%
Q1 24
51.3%
Operating Margin
BFC
BFC
CTKB
CTKB
Q4 25
51.0%
-9.0%
Q3 25
50.8%
-17.6%
Q2 25
49.7%
-23.3%
Q1 25
51.3%
-36.1%
Q4 24
54.4%
5.2%
Q3 24
50.7%
-8.2%
Q2 24
51.0%
-18.3%
Q1 24
45.6%
-23.9%
Net Margin
BFC
BFC
CTKB
CTKB
Q4 25
45.8%
-70.9%
Q3 25
40.7%
-10.5%
Q2 25
40.5%
-12.2%
Q1 25
42.3%
-27.5%
Q4 24
49.3%
16.8%
Q3 24
40.6%
1.8%
Q2 24
41.3%
-22.4%
Q1 24
40.8%
-13.8%
EPS (diluted)
BFC
BFC
CTKB
CTKB
Q4 25
$1.87
Q3 25
$1.83
Q2 25
$1.71
Q1 25
$1.82
Q4 24
$1.75
Q3 24
$1.65
Q2 24
$1.59
Q1 24
$1.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFC
BFC
CTKB
CTKB
Cash + ST InvestmentsLiquidity on hand
$243.2M
$90.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$643.8M
$341.7M
Total Assets
$4.5B
$461.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
CTKB
CTKB
Q4 25
$243.2M
$90.9M
Q3 25
$126.2M
$93.3M
Q2 25
$120.3M
$75.5M
Q1 25
$300.9M
$95.3M
Q4 24
$261.3M
$98.7M
Q3 24
$204.4M
$162.3M
Q2 24
$99.0M
$177.9M
Q1 24
$83.4M
$168.8M
Stockholders' Equity
BFC
BFC
CTKB
CTKB
Q4 25
$643.8M
$341.7M
Q3 25
$628.1M
$378.6M
Q2 25
$612.3M
$377.6M
Q1 25
$648.4M
$379.6M
Q4 24
$639.7M
$395.7M
Q3 24
$628.9M
$385.5M
Q2 24
$614.6M
$389.1M
Q1 24
$609.3M
$392.6M
Total Assets
BFC
BFC
CTKB
CTKB
Q4 25
$4.5B
$461.5M
Q3 25
$4.4B
$494.9M
Q2 25
$4.4B
$493.3M
Q1 25
$4.5B
$482.6M
Q4 24
$4.5B
$499.5M
Q3 24
$4.3B
$491.2M
Q2 24
$4.1B
$483.7M
Q1 24
$4.1B
$492.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFC
BFC
CTKB
CTKB
Operating Cash FlowLast quarter
$62.5M
$-771.0K
Free Cash FlowOCF − Capex
$51.0M
$-1.8M
FCF MarginFCF / Revenue
113.6%
-2.9%
Capex IntensityCapex / Revenue
25.5%
1.6%
Cash ConversionOCF / Net Profit
3.40×
TTM Free Cash FlowTrailing 4 quarters
$75.8M
$-8.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
CTKB
CTKB
Q4 25
$62.5M
$-771.0K
Q3 25
$15.5M
$-3.9M
Q2 25
$11.9M
$108.0K
Q1 25
$6.2M
$-125.0K
Q4 24
$65.8M
$2.0M
Q3 24
$18.8M
$13.2M
Q2 24
$14.9M
$6.2M
Q1 24
$1.3M
$4.0M
Free Cash Flow
BFC
BFC
CTKB
CTKB
Q4 25
$51.0M
$-1.8M
Q3 25
$12.5M
$-4.6M
Q2 25
$8.2M
$-1.5M
Q1 25
$4.0M
$-974.0K
Q4 24
$58.6M
$1.1M
Q3 24
$16.9M
$12.2M
Q2 24
$13.7M
$5.2M
Q1 24
$551.0K
$3.4M
FCF Margin
BFC
BFC
CTKB
CTKB
Q4 25
113.6%
-2.9%
Q3 25
28.2%
-8.7%
Q2 25
19.8%
-3.2%
Q1 25
9.3%
-2.3%
Q4 24
146.3%
1.9%
Q3 24
41.5%
23.7%
Q2 24
35.3%
11.0%
Q1 24
1.5%
7.6%
Capex Intensity
BFC
BFC
CTKB
CTKB
Q4 25
25.5%
1.6%
Q3 25
6.7%
1.3%
Q2 25
8.7%
3.5%
Q1 25
5.0%
2.0%
Q4 24
18.0%
1.6%
Q3 24
4.5%
2.0%
Q2 24
3.1%
2.3%
Q1 24
2.1%
1.3%
Cash Conversion
BFC
BFC
CTKB
CTKB
Q4 25
3.40×
Q3 25
0.86×
Q2 25
0.70×
Q1 25
0.34×
Q4 24
3.75×
0.21×
Q3 24
1.13×
14.05×
Q2 24
0.93×
Q1 24
0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFC
BFC

Segment breakdown not available.

CTKB
CTKB

Products$46.6M75%
Services$15.5M25%

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