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

KAMADA LTD is the larger business by last-quarter revenue ($47.0M vs $44.9M, roughly 1.0× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs 11.3%, a 34.5% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs 12.1%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% 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.

Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.

BFC vs KMDA — Head-to-Head

Bigger by revenue
KMDA
KMDA
1.0× larger
KMDA
$47.0M
$44.9M
BFC
Growing faster (revenue YoY)
KMDA
KMDA
+0.5% gap
KMDA
12.6%
12.1%
BFC
Higher net margin
BFC
BFC
34.5% more per $
BFC
45.8%
11.3%
KMDA
Faster 2-yr revenue CAGR
KMDA
KMDA
Annualised
KMDA
12.0%
9.1%
BFC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BFC
BFC
KMDA
KMDA
Revenue
$44.9M
$47.0M
Net Profit
$18.4M
$5.3M
Gross Margin
42.0%
Operating Margin
51.0%
16.6%
Net Margin
45.8%
11.3%
Revenue YoY
12.1%
12.6%
Net Profit YoY
4.8%
37.1%
EPS (diluted)
$1.87
$0.09

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
KMDA
KMDA
Q4 25
$44.9M
Q3 25
$44.2M
$47.0M
Q2 25
$41.6M
$44.8M
Q1 25
$43.1M
$44.0M
Q4 24
$40.1M
Q3 24
$40.8M
$41.7M
Q2 24
$38.9M
$42.5M
Q1 24
$37.7M
$37.7M
Net Profit
BFC
BFC
KMDA
KMDA
Q4 25
$18.4M
Q3 25
$18.0M
$5.3M
Q2 25
$16.9M
$7.4M
Q1 25
$18.2M
$4.0M
Q4 24
$17.5M
Q3 24
$16.6M
$3.9M
Q2 24
$16.1M
$4.4M
Q1 24
$15.4M
$2.4M
Gross Margin
BFC
BFC
KMDA
KMDA
Q4 25
Q3 25
42.0%
Q2 25
42.3%
Q1 25
47.1%
Q4 24
Q3 24
41.3%
Q2 24
44.6%
Q1 24
44.4%
Operating Margin
BFC
BFC
KMDA
KMDA
Q4 25
51.0%
Q3 25
50.8%
16.6%
Q2 25
49.7%
15.8%
Q1 25
51.3%
17.7%
Q4 24
54.4%
Q3 24
50.7%
12.7%
Q2 24
51.0%
13.3%
Q1 24
45.6%
10.7%
Net Margin
BFC
BFC
KMDA
KMDA
Q4 25
45.8%
Q3 25
40.7%
11.3%
Q2 25
40.5%
16.5%
Q1 25
42.3%
9.0%
Q4 24
49.3%
Q3 24
40.6%
9.3%
Q2 24
41.3%
10.4%
Q1 24
40.8%
6.3%
EPS (diluted)
BFC
BFC
KMDA
KMDA
Q4 25
$1.87
Q3 25
$1.83
$0.09
Q2 25
$1.71
$0.13
Q1 25
$1.82
$0.07
Q4 24
$1.75
Q3 24
$1.65
$0.07
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
BFC
BFC
KMDA
KMDA
Cash + ST InvestmentsLiquidity on hand
$243.2M
$72.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$643.8M
$265.2M
Total Assets
$4.5B
$377.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
KMDA
KMDA
Q4 25
$243.2M
Q3 25
$126.2M
$72.0M
Q2 25
$120.3M
$66.0M
Q1 25
$300.9M
$76.3M
Q4 24
$261.3M
Q3 24
$204.4M
$72.0M
Q2 24
$99.0M
$56.5M
Q1 24
$83.4M
$48.2M
Stockholders' Equity
BFC
BFC
KMDA
KMDA
Q4 25
$643.8M
Q3 25
$628.1M
$265.2M
Q2 25
$612.3M
$260.0M
Q1 25
$648.4M
$252.0M
Q4 24
$639.7M
Q3 24
$628.9M
$255.3M
Q2 24
$614.6M
$251.2M
Q1 24
$609.3M
$251.2M
Total Assets
BFC
BFC
KMDA
KMDA
Q4 25
$4.5B
Q3 25
$4.4B
$377.2M
Q2 25
$4.4B
$368.2M
Q1 25
$4.5B
$375.1M
Q4 24
$4.5B
Q3 24
$4.3B
$351.2M
Q2 24
$4.1B
$351.0M
Q1 24
$4.1B
$343.2M

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
KMDA
KMDA
Operating Cash FlowLast quarter
$62.5M
$10.4M
Free Cash FlowOCF − Capex
$51.0M
FCF MarginFCF / Revenue
113.6%
Capex IntensityCapex / Revenue
25.5%
Cash ConversionOCF / Net Profit
3.40×
1.97×
TTM Free Cash FlowTrailing 4 quarters
$75.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
KMDA
KMDA
Q4 25
$62.5M
Q3 25
$15.5M
$10.4M
Q2 25
$11.9M
$8.0M
Q1 25
$6.2M
$-513.0K
Q4 24
$65.8M
Q3 24
$18.8M
$22.2M
Q2 24
$14.9M
$14.0M
Q1 24
$1.3M
$1.0M
Free Cash Flow
BFC
BFC
KMDA
KMDA
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
Q1 24
$551.0K
FCF Margin
BFC
BFC
KMDA
KMDA
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%
Q1 24
1.5%
Capex Intensity
BFC
BFC
KMDA
KMDA
Q4 25
25.5%
Q3 25
6.7%
Q2 25
8.7%
Q1 25
5.0%
Q4 24
18.0%
Q3 24
4.5%
Q2 24
3.1%
Q1 24
2.1%
Cash Conversion
BFC
BFC
KMDA
KMDA
Q4 25
3.40×
Q3 25
0.86×
1.97×
Q2 25
0.70×
1.09×
Q1 25
0.34×
-0.13×
Q4 24
3.75×
Q3 24
1.13×
5.75×
Q2 24
0.93×
3.15×
Q1 24
0.09×
0.43×

Financial Flow Comparison

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

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