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Side-by-side financial comparison of Bank First Corp (BFC) and Seaport Entertainment Group Inc. (SEG). Click either name above to swap in a different company.
Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $29.5M, roughly 1.5× Seaport Entertainment Group Inc.). Bank First Corp runs the higher net margin — 45.8% vs -125.0%, a 170.8% 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 SEG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $44.9M | $29.5M |
| Net Profit | $18.4M | $-36.9M |
| Gross Margin | — | — |
| Operating Margin | 51.0% | -120.5% |
| Net Margin | 45.8% | -125.0% |
| Revenue YoY | 12.1% | — |
| Net Profit YoY | 4.8% | — |
| EPS (diluted) | $1.87 | $-2.90 |
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.
| Q4 25 | $44.9M | $29.5M | ||
| Q3 25 | $44.2M | $45.0M | ||
| Q2 25 | $41.6M | $39.8M | ||
| Q1 25 | $43.1M | $16.1M | ||
| Q4 24 | $40.1M | — | ||
| Q3 24 | $40.8M | $39.4M | ||
| Q2 24 | $38.9M | $33.7M | ||
| Q1 24 | $37.7M | — |
| Q4 25 | $18.4M | $-36.9M | ||
| Q3 25 | $18.0M | $-33.2M | ||
| Q2 25 | $16.9M | $-14.8M | ||
| Q1 25 | $18.2M | $-31.9M | ||
| Q4 24 | $17.5M | — | ||
| Q3 24 | $16.6M | $-32.5M | ||
| Q2 24 | $16.1M | $-35.0M | ||
| Q1 24 | $15.4M | — |
| Q4 25 | 51.0% | -120.5% | ||
| Q3 25 | 50.8% | -75.2% | ||
| Q2 25 | 49.7% | -40.2% | ||
| Q1 25 | 51.3% | -203.5% | ||
| Q4 24 | 54.4% | — | ||
| Q3 24 | 50.7% | -51.0% | ||
| Q2 24 | 51.0% | -75.3% | ||
| Q1 24 | 45.6% | — |
| Q4 25 | 45.8% | -125.0% | ||
| Q3 25 | 40.7% | -73.7% | ||
| Q2 25 | 40.5% | -37.1% | ||
| Q1 25 | 42.3% | -198.4% | ||
| Q4 24 | 49.3% | — | ||
| Q3 24 | 40.6% | -82.5% | ||
| Q2 24 | 41.3% | -103.9% | ||
| Q1 24 | 40.8% | — |
| Q4 25 | $1.87 | $-2.90 | ||
| Q3 25 | $1.83 | $-2.61 | ||
| Q2 25 | $1.71 | $-1.16 | ||
| Q1 25 | $1.82 | $-2.51 | ||
| Q4 24 | $1.75 | — | ||
| Q3 24 | $1.65 | $-5.89 | ||
| Q2 24 | $1.59 | $-6.34 | ||
| Q1 24 | $1.51 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $243.2M | $77.8M |
| Total DebtLower is stronger | — | $38.3M |
| Stockholders' EquityBook value | $643.8M | $456.5M |
| Total Assets | $4.5B | $650.1M |
| Debt / EquityLower = less leverage | — | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $243.2M | $77.8M | ||
| Q3 25 | $126.2M | $106.2M | ||
| Q2 25 | $120.3M | $123.3M | ||
| Q1 25 | $300.9M | $129.9M | ||
| Q4 24 | $261.3M | — | ||
| Q3 24 | $204.4M | $23.7M | ||
| Q2 24 | $99.0M | $3.3M | ||
| Q1 24 | $83.4M | — |
| Q4 25 | — | $38.3M | ||
| Q3 25 | — | $39.3M | ||
| Q2 25 | — | $100.6M | ||
| Q1 25 | — | $101.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $103.3M | ||
| Q2 24 | — | $157.1M | ||
| Q1 24 | — | — |
| Q4 25 | $643.8M | $456.5M | ||
| Q3 25 | $628.1M | $485.8M | ||
| Q2 25 | $612.3M | $517.9M | ||
| Q1 25 | $648.4M | $531.2M | ||
| Q4 24 | $639.7M | — | ||
| Q3 24 | $628.9M | $433.8M | ||
| Q2 24 | $614.6M | $380.7M | ||
| Q1 24 | $609.3M | — |
| Q4 25 | $4.5B | $650.1M | ||
| Q3 25 | $4.4B | $699.1M | ||
| Q2 25 | $4.4B | $717.2M | ||
| Q1 25 | $4.5B | $718.4M | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.3B | $622.8M | ||
| Q2 24 | $4.1B | $610.1M | ||
| Q1 24 | $4.1B | — |
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.24× | ||
| Q2 24 | — | 0.41× | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $62.5M | $-23.1M |
| 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.
| Q4 25 | $62.5M | $-23.1M | ||
| Q3 25 | $15.5M | $-5.3M | ||
| Q2 25 | $11.9M | $-754.0K | ||
| Q1 25 | $6.2M | $-20.5M | ||
| Q4 24 | $65.8M | — | ||
| Q3 24 | $18.8M | $-8.8M | ||
| Q2 24 | $14.9M | — | ||
| Q1 24 | $1.3M | — |
| 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 | — |
| 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% | — |
| 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% | — |
| 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.
Revenue Breakdown by Segment
BFC
Segment breakdown not available.
SEG
| Sponsorships Events And Entertainment | $12.5M | 43% |
| Hospitality | $12.2M | 41% |
| Rental | $4.1M | 14% |
| Other | $631.0K | 2% |