vs
Side-by-side financial comparison of Bank First Corp (BFC) and FGI Industries Ltd. (FGI). Click either name above to swap in a different company.
Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $30.5M, roughly 1.5× FGI Industries Ltd.). Bank First Corp runs the higher net margin — 45.8% vs -8.6%, a 54.4% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs -14.4%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $2.3M). Over the past eight quarters, Bank First Corp's revenue compounded faster (9.1% CAGR vs -0.5%).
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.
FGI Industries Ltd is a global designer, manufacturer and distributor of kitchen and bath products, home organization solutions, and home improvement goods. It serves major retail chains, home specialty stores and e-commerce platforms across North America, Europe and the Asia-Pacific region.
BFC vs FGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.9M | $30.5M |
| Net Profit | $18.4M | $-2.6M |
| Gross Margin | — | 26.7% |
| Operating Margin | 51.0% | -2.2% |
| Net Margin | 45.8% | -8.6% |
| Revenue YoY | 12.1% | -14.4% |
| Net Profit YoY | 4.8% | -553.1% |
| EPS (diluted) | $1.87 | $-1.63 |
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 | $30.5M | ||
| Q3 25 | $44.2M | $35.8M | ||
| Q2 25 | $41.6M | $31.0M | ||
| Q1 25 | $43.1M | $33.2M | ||
| Q4 24 | $40.1M | $35.6M | ||
| Q3 24 | $40.8M | $36.1M | ||
| Q2 24 | $38.9M | $29.4M | ||
| Q1 24 | $37.7M | $30.8M |
| Q4 25 | $18.4M | $-2.6M | ||
| Q3 25 | $18.0M | $-1.7M | ||
| Q2 25 | $16.9M | $-1.2M | ||
| Q1 25 | $18.2M | $-629.1K | ||
| Q4 24 | $17.5M | $-402.3K | ||
| Q3 24 | $16.6M | $-550.1K | ||
| Q2 24 | $16.1M | $163.6K | ||
| Q1 24 | $15.4M | $-412.2K |
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 27.4% |
| Q4 25 | 51.0% | -2.2% | ||
| Q3 25 | 50.8% | 1.0% | ||
| Q2 25 | 49.7% | -2.7% | ||
| Q1 25 | 51.3% | -3.9% | ||
| Q4 24 | 54.4% | -3.5% | ||
| Q3 24 | 50.7% | -0.2% | ||
| Q2 24 | 51.0% | -1.5% | ||
| Q1 24 | 45.6% | -1.0% |
| Q4 25 | 45.8% | -8.6% | ||
| Q3 25 | 40.7% | -4.6% | ||
| Q2 25 | 40.5% | -4.0% | ||
| Q1 25 | 42.3% | -1.9% | ||
| Q4 24 | 49.3% | -1.1% | ||
| Q3 24 | 40.6% | -1.5% | ||
| Q2 24 | 41.3% | 0.6% | ||
| Q1 24 | 40.8% | -1.3% |
| Q4 25 | $1.87 | $-1.63 | ||
| Q3 25 | $1.83 | $-0.86 | ||
| Q2 25 | $1.71 | $-0.64 | ||
| Q1 25 | $1.82 | $-0.07 | ||
| Q4 24 | $1.75 | $-0.38 | ||
| Q3 24 | $1.65 | $-0.29 | ||
| Q2 24 | $1.59 | $0.08 | ||
| Q1 24 | $1.51 | $-0.04 |
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 | $1.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $643.8M | $17.3M |
| Total Assets | $4.5B | $69.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $243.2M | $1.9M | ||
| Q3 25 | $126.2M | $1.9M | ||
| Q2 25 | $120.3M | $2.5M | ||
| Q1 25 | $300.9M | $1.2M | ||
| Q4 24 | $261.3M | $4.6M | ||
| Q3 24 | $204.4M | $3.0M | ||
| Q2 24 | $99.0M | $1.3M | ||
| Q1 24 | $83.4M | $3.3M |
| Q4 25 | $643.8M | $17.3M | ||
| Q3 25 | $628.1M | $19.7M | ||
| Q2 25 | $612.3M | $21.3M | ||
| Q1 25 | $648.4M | $21.8M | ||
| Q4 24 | $639.7M | $22.3M | ||
| Q3 24 | $628.9M | $23.5M | ||
| Q2 24 | $614.6M | $23.8M | ||
| Q1 24 | $609.3M | $23.9M |
| Q4 25 | $4.5B | $69.5M | ||
| Q3 25 | $4.4B | $73.0M | ||
| Q2 25 | $4.4B | $71.7M | ||
| Q1 25 | $4.5B | $68.5M | ||
| Q4 24 | $4.5B | $75.5M | ||
| Q3 24 | $4.3B | $74.7M | ||
| Q2 24 | $4.1B | $69.9M | ||
| Q1 24 | $4.1B | $68.6M |
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 | $2.3M |
| Free Cash FlowOCF − Capex | $51.0M | $2.3M |
| FCF MarginFCF / Revenue | 113.6% | 7.5% |
| Capex IntensityCapex / Revenue | 25.5% | 0.2% |
| Cash ConversionOCF / Net Profit | 3.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.8M | $-212.5K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.5M | $2.3M | ||
| Q3 25 | $15.5M | $-1.9M | ||
| Q2 25 | $11.9M | $7.6M | ||
| Q1 25 | $6.2M | $-7.4M | ||
| Q4 24 | $65.8M | $617.4K | ||
| Q3 24 | $18.8M | $-915.0K | ||
| Q2 24 | $14.9M | $862.1K | ||
| Q1 24 | $1.3M | $-8.0M |
| Q4 25 | $51.0M | $2.3M | ||
| Q3 25 | $12.5M | $-2.1M | ||
| Q2 25 | $8.2M | $7.4M | ||
| Q1 25 | $4.0M | $-7.7M | ||
| Q4 24 | $58.6M | $-214.1K | ||
| Q3 24 | $16.9M | $-1.1M | ||
| Q2 24 | $13.7M | $281.5K | ||
| Q1 24 | $551.0K | $-8.6M |
| Q4 25 | 113.6% | 7.5% | ||
| Q3 25 | 28.2% | -5.9% | ||
| Q2 25 | 19.8% | 23.8% | ||
| Q1 25 | 9.3% | -23.3% | ||
| Q4 24 | 146.3% | -0.6% | ||
| Q3 24 | 41.5% | -3.0% | ||
| Q2 24 | 35.3% | 1.0% | ||
| Q1 24 | 1.5% | -28.0% |
| Q4 25 | 25.5% | 0.2% | ||
| Q3 25 | 6.7% | 0.7% | ||
| Q2 25 | 8.7% | 0.7% | ||
| Q1 25 | 5.0% | 1.1% | ||
| Q4 24 | 18.0% | 2.3% | ||
| Q3 24 | 4.5% | 0.5% | ||
| Q2 24 | 3.1% | 2.0% | ||
| Q1 24 | 2.1% | 2.0% |
| 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× | 5.27× | ||
| Q1 24 | 0.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFC
Segment breakdown not available.
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
