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Bank First (FRA:42H) Credit Losses Provision : €0.6 Mil (As of Mar. 2024)


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What is Bank First Credit Losses Provision?

Bank First's credit losses provision for the three months ended in Mar. 2024 was €0.2 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €0.6 Mil.

Bank First's quarterly credit losses provision increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€0.5 Mil) but then declined from Dec. 2023 (€0.5 Mil) to Mar. 2024 (€0.2 Mil).

Bank First's annual credit losses provision declined from Dec. 2021 (€2.7 Mil) to Dec. 2022 (€2.1 Mil) but then increased from Dec. 2022 (€2.1 Mil) to Dec. 2023 (€4.3 Mil).


Bank First Credit Losses Provision Historical Data

The historical data trend for Bank First's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank First Credit Losses Provision Chart

Bank First Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 5.86 2.74 2.08 4.29

Bank First Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.91 - - 0.46 0.18

Bank First Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank First (FRA:42H) Business Description

Traded in Other Exchanges
Address
402 North 8th Street, Manitowoc, WI, USA, 54220
Bank First Corp is a United States-based company engaged in providing financial services provides a full range of consumer and commercial financial institution services to individuals and businesses including retail and commercial banking in Wisconsin. These services include credit cards; secured and unsecured consumer, commercial, and real estate loans; demand, time, and savings deposits; and ATM processing. The Corporation also offers a full line of insurance services and checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, credit cards, online banking, telephone banking, and mobile banking.

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