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Side-by-side financial comparison of Bank First Corp (BFC) and Consolidated Water Co. Ltd. (CWCO). Click either name above to swap in a different company.
Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $29.6M, roughly 1.5× Consolidated Water Co. Ltd.). Bank First Corp runs the higher net margin — 45.8% vs 10.3%, a 35.5% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs 4.4%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $3.4M). Over the past eight quarters, Bank First Corp's revenue compounded faster (9.1% CAGR vs -13.6%).
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.
Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.
BFC vs CWCO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.9M | $29.6M |
| Net Profit | $18.4M | $3.0M |
| Gross Margin | — | 34.7% |
| Operating Margin | 51.0% | 9.1% |
| Net Margin | 45.8% | 10.3% |
| Revenue YoY | 12.1% | 4.4% |
| Net Profit YoY | 4.8% | 91.5% |
| EPS (diluted) | $1.87 | $0.18 |
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 | $29.6M | ||
| Q3 25 | $44.2M | $35.1M | ||
| Q2 25 | $41.6M | $33.6M | ||
| Q1 25 | $43.1M | $33.7M | ||
| Q4 24 | $40.1M | $28.4M | ||
| Q3 24 | $40.8M | $33.4M | ||
| Q2 24 | $38.9M | $32.5M | ||
| Q1 24 | $37.7M | $39.7M |
| Q4 25 | $18.4M | $3.0M | ||
| Q3 25 | $18.0M | $5.5M | ||
| Q2 25 | $16.9M | $5.1M | ||
| Q1 25 | $18.2M | $4.8M | ||
| Q4 24 | $17.5M | $1.6M | ||
| Q3 24 | $16.6M | $4.5M | ||
| Q2 24 | $16.1M | $15.9M | ||
| Q1 24 | $15.4M | $6.5M |
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | — | 38.2% | ||
| Q1 25 | — | 36.5% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 34.8% | ||
| Q2 24 | — | 35.8% | ||
| Q1 24 | — | 35.0% |
| Q4 25 | 51.0% | 9.1% | ||
| Q3 25 | 50.8% | 16.4% | ||
| Q2 25 | 49.7% | 15.7% | ||
| Q1 25 | 51.3% | 13.7% | ||
| Q4 24 | 54.4% | 3.8% | ||
| Q3 24 | 50.7% | 14.6% | ||
| Q2 24 | 51.0% | 15.4% | ||
| Q1 24 | 45.6% | 18.4% |
| Q4 25 | 45.8% | 10.3% | ||
| Q3 25 | 40.7% | 15.8% | ||
| Q2 25 | 40.5% | 15.2% | ||
| Q1 25 | 42.3% | 14.2% | ||
| Q4 24 | 49.3% | 5.6% | ||
| Q3 24 | 40.6% | 13.3% | ||
| Q2 24 | 41.3% | 48.8% | ||
| Q1 24 | 40.8% | 16.3% |
| Q4 25 | $1.87 | $0.18 | ||
| Q3 25 | $1.83 | $0.34 | ||
| Q2 25 | $1.71 | $0.32 | ||
| Q1 25 | $1.82 | $0.30 | ||
| Q4 24 | $1.75 | $0.10 | ||
| Q3 24 | $1.65 | $0.28 | ||
| Q2 24 | $1.59 | $0.99 | ||
| Q1 24 | $1.51 | $0.40 |
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 | $123.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $643.8M | $221.7M |
| Total Assets | $4.5B | $257.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $243.2M | $123.8M | ||
| Q3 25 | $126.2M | $123.6M | ||
| Q2 25 | $120.3M | $112.2M | ||
| Q1 25 | $300.9M | $107.9M | ||
| Q4 24 | $261.3M | $99.4M | ||
| Q3 24 | $204.4M | $104.9M | ||
| Q2 24 | $99.0M | $96.7M | ||
| Q1 24 | $83.4M | $46.2M |
| Q4 25 | $643.8M | $221.7M | ||
| Q3 25 | $628.1M | $220.4M | ||
| Q2 25 | $612.3M | $216.6M | ||
| Q1 25 | $648.4M | $213.3M | ||
| Q4 24 | $639.7M | $210.0M | ||
| Q3 24 | $628.9M | $209.8M | ||
| Q2 24 | $614.6M | $206.7M | ||
| Q1 24 | $609.3M | $192.1M |
| Q4 25 | $4.5B | $257.6M | ||
| Q3 25 | $4.4B | $257.2M | ||
| Q2 25 | $4.4B | $257.5M | ||
| Q1 25 | $4.5B | $250.4M | ||
| Q4 24 | $4.5B | $243.3M | ||
| Q3 24 | $4.3B | $238.4M | ||
| Q2 24 | $4.1B | $235.2M | ||
| Q1 24 | $4.1B | $223.2M |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $51.0M | $3.4M |
| FCF MarginFCF / Revenue | 113.6% | 11.4% |
| Capex IntensityCapex / Revenue | 25.5% | 8.1% |
| Cash ConversionOCF / Net Profit | 3.40× | 1.90× |
| TTM Free Cash FlowTrailing 4 quarters | $75.8M | $33.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.5M | $5.8M | ||
| Q3 25 | $15.5M | $15.4M | ||
| Q2 25 | $11.9M | $8.8M | ||
| Q1 25 | $6.2M | $11.8M | ||
| Q4 24 | $65.8M | $-742.0K | ||
| Q3 24 | $18.8M | $10.4M | ||
| Q2 24 | $14.9M | $21.0M | ||
| Q1 24 | $1.3M | $6.0M |
| Q4 25 | $51.0M | $3.4M | ||
| Q3 25 | $12.5M | $13.5M | ||
| Q2 25 | $8.2M | $6.1M | ||
| Q1 25 | $4.0M | $10.2M | ||
| Q4 24 | $58.6M | $-3.7M | ||
| Q3 24 | $16.9M | $8.3M | ||
| Q2 24 | $13.7M | $19.8M | ||
| Q1 24 | $551.0K | $5.4M |
| Q4 25 | 113.6% | 11.4% | ||
| Q3 25 | 28.2% | 38.4% | ||
| Q2 25 | 19.8% | 18.3% | ||
| Q1 25 | 9.3% | 30.1% | ||
| Q4 24 | 146.3% | -13.0% | ||
| Q3 24 | 41.5% | 24.9% | ||
| Q2 24 | 35.3% | 60.8% | ||
| Q1 24 | 1.5% | 13.7% |
| Q4 25 | 25.5% | 8.1% | ||
| Q3 25 | 6.7% | 5.5% | ||
| Q2 25 | 8.7% | 7.8% | ||
| Q1 25 | 5.0% | 4.7% | ||
| Q4 24 | 18.0% | 10.4% | ||
| Q3 24 | 4.5% | 6.1% | ||
| Q2 24 | 3.1% | 3.7% | ||
| Q1 24 | 2.1% | 1.3% |
| Q4 25 | 3.40× | 1.90× | ||
| Q3 25 | 0.86× | 2.79× | ||
| Q2 25 | 0.70× | 1.72× | ||
| Q1 25 | 0.34× | 2.45× | ||
| Q4 24 | 3.75× | -0.47× | ||
| Q3 24 | 1.13× | 2.32× | ||
| Q2 24 | 0.93× | 1.32× | ||
| Q1 24 | 0.09× | 0.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFC
Segment breakdown not available.
CWCO
| Services Revenues | $10.5M | 35% |
| Transferred At Point In Time | $8.5M | 29% |
| Operations And Maintenance | $8.4M | 28% |
| Transferred Over Time | $1.9M | 7% |
