Bank First, N.A.: how it compares with its peers
Against 291 U.S. banks with half to twice its assets, Bank First, N.A.'s strongest measure in Q2 2026 is net interest margin (4.45% vs. a 3.65% peer median). Its weakest relative measure is assets per employee ($10.7M vs. $9.8M).
| Measure | Bank First, N.A. | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.67% | 1.32% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.45% | 3.65% | Top third Ahead of 88% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 51.86% | 55.95% | Middle third Ahead of 65% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $9.8M | Middle third Ahead of 59% of peers |
| Loans to deposits Net loans and leases over total deposits. | 88.89% | 88.53% | Context |
What it means for lending operations
Its efficiency ratio of 51.86% is better than the 55.95% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
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- River City Bank Sacramento, CA · $6.04B
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Questions about Bank First, N.A.
How big is Bank First, N.A.?
Bank First, N.A., established in 1894, is headquartered in Manitowoc, WI. It reported $5.94B in total assets in its Q2 2026 FDIC call report and operates 38 offices.
What is Bank First, N.A.'s return on assets?
1.67% annualized in Q2 2026, against a 1.32% median for 291 U.S. banks with half to twice its assets, ahead of 77% of them.
What is Bank First, N.A.'s efficiency ratio?
51.86% in Q2 2026: it spent about 52 cents in noninterest expense for each dollar of revenue. The peer median is 55.95%, and lower is better.
Is Bank First, N.A. growing its loans?
Net loans grew 26.2% over the year to Q2 2026, while deposits grew 38.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Wisconsin bank ranked.