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

Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $22.7M, roughly 2.0× R F INDUSTRIES LTD). Bank First Corp runs the higher net margin — 45.8% vs 0.8%, a 45.0% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 12.1%). Bank First Corp produced more free cash flow last quarter ($51.0M vs $2.0M). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

BFC vs RFIL — Head-to-Head

Bigger by revenue
BFC
BFC
2.0× larger
BFC
$44.9M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+10.8% gap
RFIL
22.9%
12.1%
BFC
Higher net margin
BFC
BFC
45.0% more per $
BFC
45.8%
0.8%
RFIL
More free cash flow
BFC
BFC
$49.0M more FCF
BFC
$51.0M
$2.0M
RFIL
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
9.1%
BFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFC
BFC
RFIL
RFIL
Revenue
$44.9M
$22.7M
Net Profit
$18.4M
$173.0K
Gross Margin
36.8%
Operating Margin
51.0%
4.0%
Net Margin
45.8%
0.8%
Revenue YoY
12.1%
22.9%
Net Profit YoY
4.8%
172.7%
EPS (diluted)
$1.87
$0.01

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
RFIL
RFIL
Q4 25
$44.9M
$22.7M
Q3 25
$44.2M
$19.8M
Q2 25
$41.6M
$18.9M
Q1 25
$43.1M
$19.2M
Q4 24
$40.1M
$18.5M
Q3 24
$40.8M
$16.8M
Q2 24
$38.9M
$16.1M
Q1 24
$37.7M
$13.5M
Net Profit
BFC
BFC
RFIL
RFIL
Q4 25
$18.4M
$173.0K
Q3 25
$18.0M
$392.0K
Q2 25
$16.9M
$-245.0K
Q1 25
$18.2M
$-245.0K
Q4 24
$17.5M
$-238.0K
Q3 24
$16.6M
$-705.0K
Q2 24
$16.1M
$-4.3M
Q1 24
$15.4M
$-1.4M
Gross Margin
BFC
BFC
RFIL
RFIL
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Q1 24
24.5%
Operating Margin
BFC
BFC
RFIL
RFIL
Q4 25
51.0%
4.0%
Q3 25
50.8%
3.6%
Q2 25
49.7%
0.6%
Q1 25
51.3%
0.3%
Q4 24
54.4%
0.5%
Q3 24
50.7%
-2.5%
Q2 24
51.0%
-2.6%
Q1 24
45.6%
-15.5%
Net Margin
BFC
BFC
RFIL
RFIL
Q4 25
45.8%
0.8%
Q3 25
40.7%
2.0%
Q2 25
40.5%
-1.3%
Q1 25
42.3%
-1.3%
Q4 24
49.3%
-1.3%
Q3 24
40.6%
-4.2%
Q2 24
41.3%
-26.7%
Q1 24
40.8%
-10.1%
EPS (diluted)
BFC
BFC
RFIL
RFIL
Q4 25
$1.87
$0.01
Q3 25
$1.83
$0.04
Q2 25
$1.71
$-0.02
Q1 25
$1.82
$-0.02
Q4 24
$1.75
$-0.02
Q3 24
$1.65
$-0.07
Q2 24
$1.59
$-0.41
Q1 24
$1.51
$-0.13

Balance Sheet & Financial Strength

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

Metric
BFC
BFC
RFIL
RFIL
Cash + ST InvestmentsLiquidity on hand
$243.2M
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$643.8M
$35.2M
Total Assets
$4.5B
$73.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
RFIL
RFIL
Q4 25
$243.2M
$5.1M
Q3 25
$126.2M
$3.0M
Q2 25
$120.3M
$3.6M
Q1 25
$300.9M
$1.3M
Q4 24
$261.3M
$839.0K
Q3 24
$204.4M
$1.8M
Q2 24
$99.0M
$1.4M
Q1 24
$83.4M
$4.5M
Stockholders' Equity
BFC
BFC
RFIL
RFIL
Q4 25
$643.8M
$35.2M
Q3 25
$628.1M
$34.8M
Q2 25
$612.3M
$34.2M
Q1 25
$648.4M
$34.2M
Q4 24
$639.7M
$34.1M
Q3 24
$628.9M
$34.1M
Q2 24
$614.6M
$34.6M
Q1 24
$609.3M
$38.7M
Total Assets
BFC
BFC
RFIL
RFIL
Q4 25
$4.5B
$73.0M
Q3 25
$4.4B
$73.2M
Q2 25
$4.4B
$72.7M
Q1 25
$4.5B
$70.4M
Q4 24
$4.5B
$71.0M
Q3 24
$4.3B
$71.9M
Q2 24
$4.1B
$72.8M
Q1 24
$4.1B
$79.1M

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
RFIL
RFIL
Operating Cash FlowLast quarter
$62.5M
$2.1M
Free Cash FlowOCF − Capex
$51.0M
$2.0M
FCF MarginFCF / Revenue
113.6%
9.0%
Capex IntensityCapex / Revenue
25.5%
0.3%
Cash ConversionOCF / Net Profit
3.40×
12.13×
TTM Free Cash FlowTrailing 4 quarters
$75.8M
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
RFIL
RFIL
Q4 25
$62.5M
$2.1M
Q3 25
$15.5M
$-311.0K
Q2 25
$11.9M
$2.2M
Q1 25
$6.2M
$601.0K
Q4 24
$65.8M
$-244.0K
Q3 24
$18.8M
$2.4M
Q2 24
$14.9M
$197.0K
Q1 24
$1.3M
$840.0K
Free Cash Flow
BFC
BFC
RFIL
RFIL
Q4 25
$51.0M
$2.0M
Q3 25
$12.5M
$-419.0K
Q2 25
$8.2M
$2.2M
Q1 25
$4.0M
$574.0K
Q4 24
$58.6M
$-418.0K
Q3 24
$16.9M
$2.1M
Q2 24
$13.7M
$28.0K
Q1 24
$551.0K
$697.0K
FCF Margin
BFC
BFC
RFIL
RFIL
Q4 25
113.6%
9.0%
Q3 25
28.2%
-2.1%
Q2 25
19.8%
11.4%
Q1 25
9.3%
3.0%
Q4 24
146.3%
-2.3%
Q3 24
41.5%
12.6%
Q2 24
35.3%
0.2%
Q1 24
1.5%
5.2%
Capex Intensity
BFC
BFC
RFIL
RFIL
Q4 25
25.5%
0.3%
Q3 25
6.7%
0.5%
Q2 25
8.7%
0.2%
Q1 25
5.0%
0.1%
Q4 24
18.0%
0.9%
Q3 24
4.5%
1.5%
Q2 24
3.1%
1.0%
Q1 24
2.1%
1.1%
Cash Conversion
BFC
BFC
RFIL
RFIL
Q4 25
3.40×
12.13×
Q3 25
0.86×
-0.79×
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.

Revenue Breakdown by Segment

BFC
BFC

Segment breakdown not available.

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

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