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

RICHARDSON ELECTRONICS, LTD. is the larger business by last-quarter revenue ($52.3M vs $44.9M, roughly 1.2× Bank First Corp). Bank First Corp runs the higher net margin — 45.8% vs -0.2%, a 46.0% gap on every dollar of revenue. On growth, Bank First Corp posted the faster year-over-year revenue change (12.1% vs 5.7%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $-1.7M). Over the past eight quarters, Bank First Corp's revenue compounded faster (9.1% CAGR vs -0.3%).

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.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

BFC vs RELL — Head-to-Head

Bigger by revenue
RELL
RELL
1.2× larger
RELL
$52.3M
$44.9M
BFC
Growing faster (revenue YoY)
BFC
BFC
+6.5% gap
BFC
12.1%
5.7%
RELL
Higher net margin
BFC
BFC
46.0% more per $
BFC
45.8%
-0.2%
RELL
More free cash flow
BFC
BFC
$52.7M more FCF
BFC
$51.0M
$-1.7M
RELL
Faster 2-yr revenue CAGR
BFC
BFC
Annualised
BFC
9.1%
-0.3%
RELL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BFC
BFC
RELL
RELL
Revenue
$44.9M
$52.3M
Net Profit
$18.4M
$-121.0K
Gross Margin
30.7%
Operating Margin
51.0%
0.3%
Net Margin
45.8%
-0.2%
Revenue YoY
12.1%
5.7%
Net Profit YoY
4.8%
83.9%
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
RELL
RELL
Q4 25
$44.9M
$52.3M
Q3 25
$44.2M
$54.6M
Q2 25
$41.6M
Q1 25
$43.1M
$53.8M
Q4 24
$40.1M
$49.5M
Q3 24
$40.8M
$53.7M
Q2 24
$38.9M
Q1 24
$37.7M
$52.4M
Net Profit
BFC
BFC
RELL
RELL
Q4 25
$18.4M
$-121.0K
Q3 25
$18.0M
$1.9M
Q2 25
$16.9M
Q1 25
$18.2M
$-2.1M
Q4 24
$17.5M
$-751.0K
Q3 24
$16.6M
$590.0K
Q2 24
$16.1M
Q1 24
$15.4M
$750.0K
Gross Margin
BFC
BFC
RELL
RELL
Q4 25
30.7%
Q3 25
31.0%
Q2 25
Q1 25
31.0%
Q4 24
31.0%
Q3 24
30.6%
Q2 24
Q1 24
29.5%
Operating Margin
BFC
BFC
RELL
RELL
Q4 25
51.0%
0.3%
Q3 25
50.8%
1.8%
Q2 25
49.7%
Q1 25
51.3%
-5.1%
Q4 24
54.4%
-1.3%
Q3 24
50.7%
0.6%
Q2 24
51.0%
Q1 24
45.6%
1.9%
Net Margin
BFC
BFC
RELL
RELL
Q4 25
45.8%
-0.2%
Q3 25
40.7%
3.5%
Q2 25
40.5%
Q1 25
42.3%
-3.8%
Q4 24
49.3%
-1.5%
Q3 24
40.6%
1.1%
Q2 24
41.3%
Q1 24
40.8%
1.4%
EPS (diluted)
BFC
BFC
RELL
RELL
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
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$243.2M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$643.8M
$158.5M
Total Assets
$4.5B
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
RELL
RELL
Q4 25
$243.2M
$33.1M
Q3 25
$126.2M
$35.7M
Q2 25
$120.3M
Q1 25
$300.9M
$36.7M
Q4 24
$261.3M
$26.6M
Q3 24
$204.4M
$23.0M
Q2 24
$99.0M
Q1 24
$83.4M
$18.9M
Stockholders' Equity
BFC
BFC
RELL
RELL
Q4 25
$643.8M
$158.5M
Q3 25
$628.1M
$159.4M
Q2 25
$612.3M
Q1 25
$648.4M
$152.9M
Q4 24
$639.7M
$156.2M
Q3 24
$628.9M
$159.1M
Q2 24
$614.6M
Q1 24
$609.3M
$158.6M
Total Assets
BFC
BFC
RELL
RELL
Q4 25
$4.5B
$201.8M
Q3 25
$4.4B
$200.1M
Q2 25
$4.4B
Q1 25
$4.5B
$189.8M
Q4 24
$4.5B
$195.2M
Q3 24
$4.3B
$197.9M
Q2 24
$4.1B
Q1 24
$4.1B
$193.6M

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
RELL
RELL
Operating Cash FlowLast quarter
$62.5M
$-99.0K
Free Cash FlowOCF − Capex
$51.0M
$-1.7M
FCF MarginFCF / Revenue
113.6%
-3.3%
Capex IntensityCapex / Revenue
25.5%
3.1%
Cash ConversionOCF / Net Profit
3.40×
TTM Free Cash FlowTrailing 4 quarters
$75.8M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
RELL
RELL
Q4 25
$62.5M
$-99.0K
Q3 25
$15.5M
$1.4M
Q2 25
$11.9M
Q1 25
$6.2M
$4.6M
Q4 24
$65.8M
$5.5M
Q3 24
$18.8M
$412.0K
Q2 24
$14.9M
Q1 24
$1.3M
$-2.5M
Free Cash Flow
BFC
BFC
RELL
RELL
Q4 25
$51.0M
$-1.7M
Q3 25
$12.5M
$342.0K
Q2 25
$8.2M
Q1 25
$4.0M
$4.1M
Q4 24
$58.6M
$4.9M
Q3 24
$16.9M
$-514.0K
Q2 24
$13.7M
Q1 24
$551.0K
$-2.9M
FCF Margin
BFC
BFC
RELL
RELL
Q4 25
113.6%
-3.3%
Q3 25
28.2%
0.6%
Q2 25
19.8%
Q1 25
9.3%
7.5%
Q4 24
146.3%
10.0%
Q3 24
41.5%
-1.0%
Q2 24
35.3%
Q1 24
1.5%
-5.6%
Capex Intensity
BFC
BFC
RELL
RELL
Q4 25
25.5%
3.1%
Q3 25
6.7%
1.9%
Q2 25
8.7%
Q1 25
5.0%
1.0%
Q4 24
18.0%
1.0%
Q3 24
4.5%
1.7%
Q2 24
3.1%
Q1 24
2.1%
0.8%
Cash Conversion
BFC
BFC
RELL
RELL
Q4 25
3.40×
Q3 25
0.86×
0.72×
Q2 25
0.70×
Q1 25
0.34×
Q4 24
3.75×
Q3 24
1.13×
0.70×
Q2 24
0.93×
Q1 24
0.09×
-3.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFC
BFC

Segment breakdown not available.

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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