Bank First (FRA:42H) Net Charge Offs to Average Loans % : 0.00% (As of . 20)

View and export this data going back to 2020. Start your Free Trial

What is Bank First Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Bank First's Net Charge Offs to Average Loans % or its related term are showing as below:

FRA:42H's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Bank First Net Charge Offs to Average Loans % Historical Data

The historical data trend for Bank First's Net Charge Offs to Average Loans % 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.

* Premium members only.

Bank First Net Charge Offs to Average Loans % Chart

Bank First (FRA:42H) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

Bank First (FRA:42H) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

Bank First Net Charge Offs to Average Loans % Related Terms

Thank you for viewing the detailed overview of Bank First's Net Charge Offs to Average Loans % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank First (FRA:42H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank First Corp (FRA:42H) » Definitions » Net Charge Offs to Average Loans %

Comparable Companies

Traded in Other Exchanges

BFC:USA

Address

402 North 8th Street, Manitowoc, WI, USA, 54220

Website

https://www.bankfirstwi.bank

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.

Bank First (FRA:42H) Headlines

No Headlines