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Side-by-side financial comparison of Bank First Corp (BFC) and NIP Group Inc. (NIPG). Click either name above to swap in a different company.

Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $39.3M, roughly 1.1× NIP Group Inc.). Bank First Corp runs the higher net margin — 45.8% vs -11.9%, a 57.6% gap on every dollar of revenue.

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.

BFC vs NIPG — Head-to-Head

Bigger by revenue
BFC
BFC
1.1× larger
BFC
$44.9M
$39.3M
NIPG
Higher net margin
BFC
BFC
57.6% more per $
BFC
45.8%
-11.9%
NIPG

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
BFC
BFC
NIPG
NIPG
Revenue
$44.9M
$39.3M
Net Profit
$18.4M
$-4.7M
Gross Margin
6.0%
Operating Margin
51.0%
-13.0%
Net Margin
45.8%
-11.9%
Revenue YoY
12.1%
Net Profit YoY
4.8%
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
NIPG
NIPG
Q4 25
$44.9M
Q3 25
$44.2M
Q2 25
$41.6M
Q1 25
$43.1M
Q4 24
$40.1M
Q3 24
$40.8M
Q2 24
$38.9M
$39.3M
Q1 24
$37.7M
Net Profit
BFC
BFC
NIPG
NIPG
Q4 25
$18.4M
Q3 25
$18.0M
Q2 25
$16.9M
Q1 25
$18.2M
Q4 24
$17.5M
Q3 24
$16.6M
Q2 24
$16.1M
$-4.7M
Q1 24
$15.4M
Gross Margin
BFC
BFC
NIPG
NIPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
6.0%
Q1 24
Operating Margin
BFC
BFC
NIPG
NIPG
Q4 25
51.0%
Q3 25
50.8%
Q2 25
49.7%
Q1 25
51.3%
Q4 24
54.4%
Q3 24
50.7%
Q2 24
51.0%
-13.0%
Q1 24
45.6%
Net Margin
BFC
BFC
NIPG
NIPG
Q4 25
45.8%
Q3 25
40.7%
Q2 25
40.5%
Q1 25
42.3%
Q4 24
49.3%
Q3 24
40.6%
Q2 24
41.3%
-11.9%
Q1 24
40.8%
EPS (diluted)
BFC
BFC
NIPG
NIPG
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
NIPG
NIPG
Cash + ST InvestmentsLiquidity on hand
$243.2M
$6.8M
Total DebtLower is stronger
$3.8M
Stockholders' EquityBook value
$643.8M
Total Assets
$4.5B
$305.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
NIPG
NIPG
Q4 25
$243.2M
Q3 25
$126.2M
Q2 25
$120.3M
Q1 25
$300.9M
Q4 24
$261.3M
Q3 24
$204.4M
Q2 24
$99.0M
$6.8M
Q1 24
$83.4M
Total Debt
BFC
BFC
NIPG
NIPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$3.8M
Q1 24
Stockholders' Equity
BFC
BFC
NIPG
NIPG
Q4 25
$643.8M
Q3 25
$628.1M
Q2 25
$612.3M
Q1 25
$648.4M
Q4 24
$639.7M
Q3 24
$628.9M
Q2 24
$614.6M
Q1 24
$609.3M
Total Assets
BFC
BFC
NIPG
NIPG
Q4 25
$4.5B
Q3 25
$4.4B
Q2 25
$4.4B
Q1 25
$4.5B
Q4 24
$4.5B
Q3 24
$4.3B
Q2 24
$4.1B
$305.3M
Q1 24
$4.1B

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
NIPG
NIPG
Operating Cash FlowLast quarter
$62.5M
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
NIPG
NIPG
Q4 25
$62.5M
Q3 25
$15.5M
Q2 25
$11.9M
Q1 25
$6.2M
Q4 24
$65.8M
Q3 24
$18.8M
Q2 24
$14.9M
Q1 24
$1.3M
Free Cash Flow
BFC
BFC
NIPG
NIPG
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
NIPG
NIPG
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
NIPG
NIPG
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
NIPG
NIPG
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.

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