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Side-by-side financial comparison of Bank First Corp (BFC) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

Bank First Corp is the larger business by last-quarter revenue ($44.9M vs $27.2M, roughly 1.7× SUNation Energy, Inc.). Bank First Corp runs the higher net margin — 45.8% vs 9.6%, a 36.2% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 12.1%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

BFC vs SUNE — Head-to-Head

Bigger by revenue
BFC
BFC
1.7× larger
BFC
$44.9M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+64.9% gap
SUNE
77.0%
12.1%
BFC
Higher net margin
BFC
BFC
36.2% more per $
BFC
45.8%
9.6%
SUNE
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
9.1%
BFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFC
BFC
SUNE
SUNE
Revenue
$44.9M
$27.2M
Net Profit
$18.4M
$2.6M
Gross Margin
40.7%
Operating Margin
51.0%
10.7%
Net Margin
45.8%
9.6%
Revenue YoY
12.1%
77.0%
Net Profit YoY
4.8%
138.2%
EPS (diluted)
$1.87
$105.59

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
SUNE
SUNE
Q4 25
$44.9M
$27.2M
Q3 25
$44.2M
$19.0M
Q2 25
$41.6M
$13.1M
Q1 25
$43.1M
$12.6M
Q4 24
$40.1M
$15.4M
Q3 24
$40.8M
$14.7M
Q2 24
$38.9M
$13.5M
Q1 24
$37.7M
$13.2M
Net Profit
BFC
BFC
SUNE
SUNE
Q4 25
$18.4M
$2.6M
Q3 25
$18.0M
$-393.0K
Q2 25
$16.9M
$-9.6M
Q1 25
$18.2M
$-3.5M
Q4 24
$17.5M
$-6.8M
Q3 24
$16.6M
$-3.3M
Q2 24
$16.1M
$-6.9M
Q1 24
$15.4M
$1.2M
Gross Margin
BFC
BFC
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
BFC
BFC
SUNE
SUNE
Q4 25
51.0%
10.7%
Q3 25
50.8%
-1.3%
Q2 25
49.7%
-16.6%
Q1 25
51.3%
-17.2%
Q4 24
54.4%
-42.3%
Q3 24
50.7%
-10.9%
Q2 24
51.0%
-15.0%
Q1 24
45.6%
-16.5%
Net Margin
BFC
BFC
SUNE
SUNE
Q4 25
45.8%
9.6%
Q3 25
40.7%
-2.1%
Q2 25
40.5%
-73.5%
Q1 25
42.3%
-27.7%
Q4 24
49.3%
-44.4%
Q3 24
40.6%
-22.4%
Q2 24
41.3%
-51.2%
Q1 24
40.8%
9.1%
EPS (diluted)
BFC
BFC
SUNE
SUNE
Q4 25
$1.87
$105.59
Q3 25
$1.83
$-0.12
Q2 25
$1.71
$-3.14
Q1 25
$1.82
$-106.71
Q4 24
$1.75
$41676.94
Q3 24
$1.65
$-2350.12
Q2 24
$1.59
$-11022.91
Q1 24
$1.51
$-38414.84

Balance Sheet & Financial Strength

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

Metric
BFC
BFC
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$243.2M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$643.8M
$24.3M
Total Assets
$4.5B
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFC
BFC
SUNE
SUNE
Q4 25
$243.2M
$7.2M
Q3 25
$126.2M
$5.4M
Q2 25
$120.3M
$3.2M
Q1 25
$300.9M
$1.4M
Q4 24
$261.3M
$839.3K
Q3 24
$204.4M
$1.1M
Q2 24
$99.0M
$1.0M
Q1 24
$83.4M
$1.8M
Total Debt
BFC
BFC
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BFC
BFC
SUNE
SUNE
Q4 25
$643.8M
$24.3M
Q3 25
$628.1M
$21.7M
Q2 25
$612.3M
$22.1M
Q1 25
$648.4M
$14.8M
Q4 24
$639.7M
$8.5M
Q3 24
$628.9M
$13.1M
Q2 24
$614.6M
$-10.9M
Q1 24
$609.3M
$-11.2M
Total Assets
BFC
BFC
SUNE
SUNE
Q4 25
$4.5B
$48.2M
Q3 25
$4.4B
$49.6M
Q2 25
$4.4B
$44.1M
Q1 25
$4.5B
$44.4M
Q4 24
$4.5B
$45.7M
Q3 24
$4.3B
$51.0M
Q2 24
$4.1B
$52.9M
Q1 24
$4.1B
$54.7M
Debt / Equity
BFC
BFC
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
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
BFC
BFC
SUNE
SUNE
Operating Cash FlowLast quarter
$62.5M
$2.1M
Free Cash FlowOCF − Capex
$51.0M
FCF MarginFCF / Revenue
113.6%
Capex IntensityCapex / Revenue
25.5%
Cash ConversionOCF / Net Profit
3.40×
0.81×
TTM Free Cash FlowTrailing 4 quarters
$75.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFC
BFC
SUNE
SUNE
Q4 25
$62.5M
$2.1M
Q3 25
$15.5M
$2.4M
Q2 25
$11.9M
$-130.2K
Q1 25
$6.2M
$-3.4M
Q4 24
$65.8M
$-1.9M
Q3 24
$18.8M
$-968.1K
Q2 24
$14.9M
$-776.4K
Q1 24
$1.3M
$-2.6M
Free Cash Flow
BFC
BFC
SUNE
SUNE
Q4 25
$51.0M
Q3 25
$12.5M
$2.4M
Q2 25
$8.2M
Q1 25
$4.0M
Q4 24
$58.6M
$-1.9M
Q3 24
$16.9M
$-980.3K
Q2 24
$13.7M
$-788.4K
Q1 24
$551.0K
$-2.7M
FCF Margin
BFC
BFC
SUNE
SUNE
Q4 25
113.6%
Q3 25
28.2%
12.5%
Q2 25
19.8%
Q1 25
9.3%
Q4 24
146.3%
-12.4%
Q3 24
41.5%
-6.7%
Q2 24
35.3%
-5.8%
Q1 24
1.5%
-20.1%
Capex Intensity
BFC
BFC
SUNE
SUNE
Q4 25
25.5%
Q3 25
6.7%
0.0%
Q2 25
8.7%
Q1 25
5.0%
Q4 24
18.0%
0.0%
Q3 24
4.5%
0.1%
Q2 24
3.1%
0.1%
Q1 24
2.1%
0.0%
Cash Conversion
BFC
BFC
SUNE
SUNE
Q4 25
3.40×
0.81×
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×
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFC
BFC

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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