vs

Side-by-side financial comparison of Bank First Corp (BFC) and GERON CORP (GERN). Click either name above to swap in a different company.

GERON CORP is the larger business by last-quarter revenue ($47.2M vs $44.9M, roughly 1.1× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs -39.0%, a 84.8% gap on every dollar of revenue. On growth, GERON CORP posted the faster year-over-year revenue change (67.1% vs 12.1%). Over the past eight quarters, GERON CORP's revenue compounded faster (1597.0% 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.

Geron Corporation is a biotechnology company located in Foster City, California which specializes in developing and commercializing therapeutic products for cancer that inhibit telomerase.

BFC vs GERN — Head-to-Head

Bigger by revenue
GERN
GERN
1.1× larger
GERN
$47.2M
$44.9M
BFC
Growing faster (revenue YoY)
GERN
GERN
+54.9% gap
GERN
67.1%
12.1%
BFC
Higher net margin
BFC
BFC
84.8% more per $
BFC
45.8%
-39.0%
GERN
Faster 2-yr revenue CAGR
GERN
GERN
Annualised
GERN
1597.0%
9.1%
BFC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BFC
BFC
GERN
GERN
Revenue
$44.9M
$47.2M
Net Profit
$18.4M
$-18.4M
Gross Margin
Operating Margin
51.0%
-29.4%
Net Margin
45.8%
-39.0%
Revenue YoY
12.1%
67.1%
Net Profit YoY
4.8%
30.3%
EPS (diluted)
$1.87
$-0.03

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
GERN
GERN
Q4 25
$44.9M
Q3 25
$44.2M
$47.2M
Q2 25
$41.6M
$49.0M
Q1 25
$43.1M
$39.6M
Q4 24
$40.1M
Q3 24
$40.8M
$28.3M
Q2 24
$38.9M
$882.0K
Q1 24
$37.7M
$304.0K
Net Profit
BFC
BFC
GERN
GERN
Q4 25
$18.4M
Q3 25
$18.0M
$-18.4M
Q2 25
$16.9M
$-16.4M
Q1 25
$18.2M
$-19.8M
Q4 24
$17.5M
Q3 24
$16.6M
$-26.4M
Q2 24
$16.1M
$-67.4M
Q1 24
$15.4M
$-55.4M
Operating Margin
BFC
BFC
GERN
GERN
Q4 25
51.0%
Q3 25
50.8%
-29.4%
Q2 25
49.7%
-25.4%
Q1 25
51.3%
-42.2%
Q4 24
54.4%
Q3 24
50.7%
-99.8%
Q2 24
51.0%
-7860.9%
Q1 24
45.6%
-18465.1%
Net Margin
BFC
BFC
GERN
GERN
Q4 25
45.8%
Q3 25
40.7%
-39.0%
Q2 25
40.5%
-33.4%
Q1 25
42.3%
-50.1%
Q4 24
49.3%
Q3 24
40.6%
-93.5%
Q2 24
41.3%
-7639.8%
Q1 24
40.8%
-18220.4%
EPS (diluted)
BFC
BFC
GERN
GERN
Q4 25
$1.87
Q3 25
$1.83
$-0.03
Q2 25
$1.71
$-0.02
Q1 25
$1.82
$-0.03
Q4 24
$1.75
Q3 24
$1.65
$-0.04
Q2 24
$1.59
$-0.10
Q1 24
$1.51
$-0.09

Balance Sheet & Financial Strength

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

Metric
BFC
BFC
GERN
GERN
Cash + ST InvestmentsLiquidity on hand
$243.2M
$78.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$643.8M
$248.7M
Total Assets
$4.5B
$567.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
GERN
GERN
Q4 25
$243.2M
Q3 25
$126.2M
$78.1M
Q2 25
$120.3M
$77.7M
Q1 25
$300.9M
$83.7M
Q4 24
$261.3M
Q3 24
$204.4M
$60.3M
Q2 24
$99.0M
$116.9M
Q1 24
$83.4M
$189.8M
Stockholders' Equity
BFC
BFC
GERN
GERN
Q4 25
$643.8M
Q3 25
$628.1M
$248.7M
Q2 25
$612.3M
$259.5M
Q1 25
$648.4M
$268.2M
Q4 24
$639.7M
Q3 24
$628.9M
$292.3M
Q2 24
$614.6M
$306.7M
Q1 24
$609.3M
$344.9M
Total Assets
BFC
BFC
GERN
GERN
Q4 25
$4.5B
Q3 25
$4.4B
$567.4M
Q2 25
$4.4B
$555.2M
Q1 25
$4.5B
$562.5M
Q4 24
$4.5B
Q3 24
$4.3B
$444.9M
Q2 24
$4.1B
$449.4M
Q1 24
$4.1B
$482.1M

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
GERN
GERN
Operating Cash FlowLast quarter
$62.5M
$-13.6M
Free Cash FlowOCF − Capex
$51.0M
FCF MarginFCF / Revenue
113.6%
Capex IntensityCapex / Revenue
25.5%
Cash ConversionOCF / Net Profit
3.40×
TTM Free Cash FlowTrailing 4 quarters
$75.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
GERN
GERN
Q4 25
$62.5M
Q3 25
$15.5M
$-13.6M
Q2 25
$11.9M
$-27.4M
Q1 25
$6.2M
$-48.0M
Q4 24
$65.8M
Q3 24
$18.8M
$-58.9M
Q2 24
$14.9M
$-53.5M
Q1 24
$1.3M
$-62.3M
Free Cash Flow
BFC
BFC
GERN
GERN
Q4 25
$51.0M
Q3 25
$12.5M
Q2 25
$8.2M
Q1 25
$4.0M
Q4 24
$58.6M
Q3 24
$16.9M
Q2 24
$13.7M
$-53.7M
Q1 24
$551.0K
$-62.9M
FCF Margin
BFC
BFC
GERN
GERN
Q4 25
113.6%
Q3 25
28.2%
Q2 25
19.8%
Q1 25
9.3%
Q4 24
146.3%
Q3 24
41.5%
Q2 24
35.3%
-6086.6%
Q1 24
1.5%
-20680.3%
Capex Intensity
BFC
BFC
GERN
GERN
Q4 25
25.5%
Q3 25
6.7%
Q2 25
8.7%
Q1 25
5.0%
Q4 24
18.0%
Q3 24
4.5%
0.0%
Q2 24
3.1%
23.4%
Q1 24
2.1%
202.3%
Cash Conversion
BFC
BFC
GERN
GERN
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×

Financial Flow Comparison

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

Related Comparisons