Bank First National Corp
Buy, Hold or Sell?

Let's analyze Bank First National Corp together

I guess you are interested in Bank First National Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Bank First National Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Bank First National Corp

I send you an email if I find something interesting about Bank First National Corp.

Quick analysis of Bank First National Corp (30 sec.)

What can you expect buying and holding a share of Bank First National Corp? (30 sec.)

How much money do you get?

$1.25

When do you have the money?

1 year

How often do you get paid?

75.0%

What is your share worth?

Current worth

$59.87

Expected worth in 1 year

$-289.99

How sure are you?

75.0%

+ What do you gain per year?

Total Gains per Share

$-348.61

Return On Investment

-430.9%

For what price can you sell your share?

Current Price per Share

$80.91

Expected price per share

$77.69 - $86.13

How sure are you?

50%

3rd party ad SUPPORTERis ad-free.

1. Valuation of Bank First National Corp (5 min.)

Live pricePrice per Share (EOD)

$80.91

Book Value per Share

$59.87

Intrinsic Value Per Share

$-1.79 - $-3.60

Total Value Per Share

$58.08 - $56.27

My calculation of the intrinsic value of Bank First National Corp is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 3Y: ($0.82) TTM: ($0.95)
The change per quarter (trend) of the Free Cash Flow Per Share is 3Y: ($-0.05) TTM: ($-0.06)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.72	$2.76	$2.53 - $2.53
2	$4.59	$4.72	$1.77 - $1.77
3	$5.70	$5.92	$1.01 - $1.01
4	$6.14	$6.41	$0.25 - $0.25
5	$5.97	$6.21	$-0.51 - $-0.51
6	$5.26	$5.38	$-1.27 - $-1.27
7	$4.08	$3.95	$-2.03 - $-2.03
8	$2.48	$1.95	$-2.79 - $-2.79
9	$0.51	$-0.57	$-3.55 - $-3.55
10	$-1.79	$-3.60	$-4.31 - $-4.31

2. Growth of Bank First National Corp (5 min.)

Is Bank First National Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$609.3m	$1.3b	$982.6m	42.4%

How much money is Bank First National Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$19.8m	$11.3m	$8.4m	42.5%
Net Profit Margin	47.1%	466.1%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Bank First National Corp (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

3rd party ad SUPPORTERis ad-free.

What can you expect buying and holding a share of Bank First National Corp? (5 min.)

Welcome investor! Bank First National Corp's management wants to use your money to grow the business. In return you get a share of Bank First National Corp.

What can you expect buying and holding a share of Bank First National Corp?

First you should know what it really means to hold a share of Bank First National Corp. And how you can make/lose money.

Speculation

The Price per Share of Bank First National Corp is $80.91. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Bank First National Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bank First National Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $59.87. Based on the TTM, the Book Value Change Per Share is $-87.47 per quarter. Based on the YOY, the Book Value Change Per Share is $94.54 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.31 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Bank First National Corp.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	1.51	1.9%	1.92	2.4%	1.13	1.4%	1.17	1.5%	0.80	1.0%
Usd Book Value Change Per Share	-0.08	-0.1%	-87.47	-108.1%	94.54	116.8%	2.10	2.6%	-1.12	-1.4%
Usd Dividend Per Share	0.35	0.4%	0.31	0.4%	0.22	0.3%	0.21	0.3%	0.15	0.2%
Usd Total Gains Per Share	0.27	0.3%	-87.15	-107.7%	94.76	117.1%	2.31	2.9%	-0.97	-1.2%
Usd Price Per Share	86.67	-	83.42	-	79.67	-	73.05	-	52.44	-
Price to Earnings Ratio	14.31	-	12.35	-	17.57	-	17.30	-	17.91	-
Price-to-Total Gains Ratio	325.29	-	123.06	-	-60.10	-	35.77	-	34.38	-
Price to Book Ratio	1.45	-	0.83	-	1.61	-	2.00	-	1.67	-
Price-to-Total Gains Ratio	325.29	-	123.06	-	-60.10	-	35.77	-	34.38	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	80.91
Number of shares	12

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.31	0.21
Usd Book Value Change Per Share	-87.47	2.10
Usd Total Gains Per Share	-87.15	2.31
Gains per Quarter (12 shares)	-1,045.83	27.76
Gains per Year (12 shares)	-4,183.33	111.05

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	15	-4198	-4193	10	101	101
2	30	-8397	-8376	20	202	212
3	45	-12595	-12559	30	303	323
4	60	-16793	-16742	40	404	434
5	75	-20992	-20925	50	505	545
6	90	-25190	-25108	60	606	656
7	105	-29388	-29291	70	707	767
8	120	-33587	-33474	80	808	878
9	135	-37785	-37657	90	909	989
10	150	-41983	-41840	100	1010	1100

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	74.0	0.0	0.0	100.0%
Book Value Change Per Share	1.0	3.0	0.0	25.0%	7.0	5.0	0.0	58.3%	15.0	5.0	0.0	75.0%	29.0	11.0	0.0	72.5%	57.0	17.0	0.0	77.0%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	30.0	0.0	10.0	75.0%	53.0	0.0	21.0	71.6%
Total Gains per Share	2.0	2.0	0.0	50.0%	8.0	4.0	0.0	66.7%	16.0	4.0	0.0	80.0%	30.0	10.0	0.0	75.0%	58.0	16.0	0.0	78.4%

3rd party ad SUPPORTERis ad-free.

Fundamentals of Bank First National Corp

About Bank First National Corp

https://www.bankfirst.com
Banks - Regional
361
402 North 8th Street, Manitowoc, WI, United States, 54220
Google Maps Bing Maps

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. The company's loan products include real estate loans, including commercial real estate, residential mortgage, and home equity loans; commercial and industrial loans for working capital, accounts receivable, inventory financing, and other business purposes; construction and development loans; residential 1-4 family loans; and consumer loans for personal and household purposes, including secured and unsecured installment loans, and revolving lines of credit. It also provides credit cards; ATM processing; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services. The company was formerly known as Bank First National Corporation and changed its name to Bank First Corporation in June 2019. Bank First Corporation was founded in 1894 and is headquartered in Manitowoc, Wisconsin.

Fundamental data was last updated by Penke on 2024-06-17 15:30:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.

Liquidity Details

	Compared to previous year	Compared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

3rd party ad SUPPORTERis ad-free.

1.1. Profitability of Bank First National Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Bank First National Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
A Net Profit Margin of 29.2% means that $0.29 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bank First National Corp:

The MRQ is 29.2%. The company is making a huge profit. +2
The TTM is 47.1%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	29.2%	TTM	47.1%	-17.9%
TTM	47.1%	YOY	466.1%	-419.0%
TTM	47.1%	5Y	125.2%	-78.1%
5Y	125.2%	10Y	78.7%	+46.5%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	29.2%	38.5%	-9.3%
TTM	47.1%	29.6%	+17.5%
YOY	466.1%	26.3%	+439.8%
5Y	125.2%	23.6%	+101.6%
10Y	78.7%	20.4%	+58.3%

Measures how much net profit Bank First National Corp earns for each $1 of revenue.

Revenue is the amount of profit Bank First National Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Bank First National Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

You typically want a high profit margin. This means that for each $1 in sales, Bank First National Corp makes more profit. This shows the investor how efficiently Bank First National Corp is operating in general and compared to other companies in the same industry. Bank First National Corp operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Bank First National Corp. If profit margins remain low (compared to the Banks - Regional industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Bank First National Corp is 0.29. This means that Bank First National Corp earned $0.29 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Banks - Regional industry is 38.5%.
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Bank First National Corp with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Bank First National Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Bank First National Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Bank First National Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Bank First National Corp = 15,412
Total revenue MRQ Bank First National Corp = 52,703
$15,412 / $52,703 = 0.29 or 29.2%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Bank First National Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
0.4% Return on Assets means that Bank First National Corp generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bank First National Corp:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.5%	-0.1%
TTM	0.5%	YOY	0.3%	+0.2%
TTM	0.5%	5Y	0.4%	+0.1%
5Y	0.4%	10Y	0.3%	+0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.4%	0.3%	+0.1%
TTM	0.5%	0.2%	+0.3%
YOY	0.3%	0.2%	+0.1%
5Y	0.4%	0.2%	+0.2%
10Y	0.3%	0.2%	+0.1%

Shows how efficient Bank First National Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Bank First National Corp is using its resources to generate profit. If the return on assets (0.4%) from Bank First National Corp are higher than the Banks - Regional mean (0.3%) that means Bank First National Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Bank First National Corp is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.3%.
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Bank First National Corp

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Bank First National Corp = 15,412
Total assets MRQ (balance sheet) from Bank First National Corp = 4,099,924
15,412 / 4,099,924 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Bank First National Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Bank First National Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
2.5% Return on Equity means Bank First National Corp generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bank First National Corp:

The MRQ is 2.5%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.5%	TTM	3.3%	-0.8%
TTM	3.3%	YOY	2.7%	+0.6%
TTM	3.3%	5Y	3.2%	+0.1%
5Y	3.2%	10Y	3.2%	+0.1%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	2.5%	3.1%	-0.6%
TTM	3.3%	2.5%	+0.8%
YOY	2.7%	2.7%	0.0%
5Y	3.2%	2.5%	+0.7%
10Y	3.2%	2.8%	+0.4%

Shows how efficient Bank First National Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Banks - Regional industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Bank First National Corp is 2.5%. This means Bank First National Corp generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 3.1%.
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if Bank First National Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Bank First National Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Bank First National Corp = 15,412
Shareholders equity (balance sheet) MRQ Bank First National Corp = 609,330
15,412 / 609,330 = 0.03 or 2.5%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

3rd party ad SUPPORTERis ad-free.

1.2. Operating Efficiency of Bank First National Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Bank First National Corp is operating .

Measures how much profit Bank First National Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
An Operating Margin of -7.0% means the company generated $-0.07 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bank First National Corp:

The MRQ is -7.0%. The company is operating very inefficient. -2
The TTM is 29.2%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	-7.0%	TTM	29.2%	-36.2%
TTM	29.2%	YOY	789.6%	-760.4%
TTM	29.2%	5Y	202.0%	-172.8%
5Y	202.0%	10Y	123.1%	+78.9%

Measures how efficient Bank First National Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Bank First National Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Bank First National Corp is -7.0%. This means that Bank First National Corp earned $-0.07 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Bank First National Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Bank First National Corp = 18,851
Total revenue MRQ Bank First National Corp = 52,703
$18,851 / $52,703 = -0.07 or -7.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Bank First National Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.17 means that the operating costs are $0.17 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Bank First National Corp:

The MRQ is 0.169. The company is very efficient in keeping operating costs low. +2
The TTM is -0.073.

Trends

Current period		Compared to		+/-
MRQ	0.169	TTM	-0.073	+0.242
TTM	-0.073	YOY	-0.005	-0.068
TTM	-0.073	5Y	-0.063	-0.010
5Y	-0.063	10Y	0.156	-0.219

Measures how efficient Bank First National Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Bank First National Corp is 16.9%. This means that Bank First National Corp earned $0.17 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Bank First National Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(1,220 +7,684) \ 52,703 = 0.17

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

3rd party ad SUPPORTERis ad-free.

1.3. Liquidity of Bank First National Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Bank First National Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 0.09 means the company has $0.09 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Bank First National Corp:

The MRQ is 0.087. The company is unable to pay all its short-term debts. -2
The TTM is 0.183. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.087	TTM	0.183	-0.096
TTM	0.183	YOY	34.159	-33.976
TTM	0.183	5Y	28.310	-28.127
5Y	28.310	10Y	40.633	-12.323

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	0.183	0.124	+0.059
YOY	34.159	0.167	+33.992
5Y	28.310	0.207	+28.103
10Y	40.633	0.131	+40.502

Measures if Bank First National Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Bank First National Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Bank First National Corp is 0.09. This means Bank First National Corp has $0.09 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Bank First National Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
86,048 \ 990,574) = 0.09

The current ratio measures if Bank First National Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Bank First National Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Bank First National Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Bank First National Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Bank First National Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
A Quick Ratio of 0.22 means the company can pay off $0.22 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bank First National Corp:

The MRQ is 0.224. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.326. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.224	TTM	0.326	-0.102
TTM	0.326	YOY	64.865	-64.539
TTM	0.326	5Y	19.002	-18.676
5Y	19.002	10Y	14.534	+4.468

Measures if Bank First National Corp is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Bank First National Corp can pay off its short term debts. This shows if Bank First National Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Bank First National Corp is 0.22. This means that Bank First National Corp can pay off $0.22 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Bank First National Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Bank First National Corp: (83,374 + 138,420 +0) / 990,574 = 0.22

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

3rd party ad SUPPORTERis ad-free.

1.4. Solvency of Bank First National Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Bank First National Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Bank First National Corp to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.85 means that Bank First National Corp assets are financed with 85.1% credit (debt) and the remaining percentage (100% - 85.1%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Bank First National Corp:

The MRQ is 0.851. The company is just able to pay all its debts by selling its assets.
The TTM is 0.435. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.851	TTM	0.435	+0.417
TTM	0.435	YOY	0.665	-0.230
TTM	0.435	5Y	0.756	-0.321
5Y	0.756	10Y	0.612	+0.143

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.851	0.915	-0.064
TTM	0.435	0.916	-0.481
YOY	0.665	0.918	-0.253
5Y	0.756	0.919	-0.163
10Y	0.612	0.926	-0.314

Measures how much % of Bank First National Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Bank First National Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Bank First National Corp to Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Bank First National Corp is 0.85. This means means that Bank First National Corp is financed with 85.1% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Bank First National Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Bank First National Corp

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
3,490,594 \ 4,099,924 = 85.1% or 0.85.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Bank First National Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Bank First National Corp to the Banks - Regional industry mean.
A Debt to Equity ratio of 572.9% means that company has $5.73 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bank First National Corp:

The MRQ is 5.729. The company is unable to pay all its debts with equity. -1
The TTM is 2.952. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	5.729	TTM	2.952	+2.776
TTM	2.952	YOY	5.714	-2.761
TTM	2.952	5Y	6.734	-3.782
5Y	6.734	10Y	5.764	+0.971

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	5.729	10.799	-5.070
TTM	2.952	10.909	-7.957
YOY	5.714	11.266	-5.552
5Y	6.734	11.324	-4.590
10Y	5.764	12.886	-7.122

Measures if Bank First National Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Bank First National Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Bank First National Corp is 5.73. This means that Bank First National Corp can pay off $5.73 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.80.
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Bank First National Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
3,490,594 \ 609,330 = 5.73 or 572.9%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

3rd party ad SUPPORTERis ad-free.

2. Market Valuation of Bank First National Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Bank First National Corp generates.

Above 15 is considered overpriced but always compare Bank First National Corp to the Banks - Regional industry mean.
A PE ratio of 14.31 means the investor is paying $14.31 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bank First National Corp:

The EOD is 13.358. Based on the earnings, the company is underpriced. +1
The MRQ is 14.309. Based on the earnings, the company is underpriced. +1
The TTM is 12.354. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	13.358	MRQ	14.309	-0.951
MRQ	14.309	TTM	12.354	+1.955
TTM	12.354	YOY	17.568	-5.214
TTM	12.354	5Y	17.299	-4.945
5Y	17.299	10Y	17.910	-0.611

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	13.358	3.379	+9.979
MRQ	14.309	3.418	+10.891
TTM	12.354	4.741	+7.613
YOY	17.568	6.901	+10.667
5Y	17.299	9.496	+7.803
10Y	17.910	9.770	+8.140

Measures how much money you pay for each share for every $1 in earnings Bank First National Corp generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Bank First National Corp to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Bank First National Corp is 14.31. This means the investor is paying $14.31 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 3.42.
What is the trend?
The trend is important because it shows you how Bank First National Corp is performing over time. The most recent quarter might be important if Bank First National Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Bank First National Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Bank First National Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 10,178 = EPS
PE ratio MRQ = 14.31

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bank First National Corp:

The EOD is -241.070. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -258.232. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -50.239. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-241.070	MRQ	-258.232	+17.162
MRQ	-258.232	TTM	-50.239	-207.993
TTM	-50.239	YOY	50.600	-100.839
TTM	-50.239	5Y	22.237	-72.476
5Y	22.237	10Y	11.306	+10.931

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	-241.070	-2.333	-238.737
MRQ	-258.232	-2.360	-255.872
TTM	-50.239	-1.072	-49.167
YOY	50.600	6.461	+44.139
5Y	22.237	0.248	+21.989
10Y	11.306	0.032	+11.274

3rd party ad SUPPORTERis ad-free.

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Bank First National Corp is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 1.45 means the investor is paying $1.45 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Bank First National Corp:

The EOD is 1.351. Based on the equity, the company is underpriced. +1
The MRQ is 1.448. Based on the equity, the company is underpriced. +1
The TTM is 0.826. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	1.351	MRQ	1.448	-0.096
MRQ	1.448	TTM	0.826	+0.621
TTM	0.826	YOY	1.608	-0.782
TTM	0.826	5Y	2.003	-1.177
5Y	2.003	10Y	1.675	+0.328

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	1.351	0.416	+0.935
MRQ	1.448	0.420	+1.028
TTM	0.826	0.439	+0.387
YOY	1.608	0.594	+1.014
5Y	2.003	0.763	+1.240
10Y	1.675	0.991	+0.684

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Bank First National Corp.

3.1. Institutions holding Bank First National Corp

Institutions are holding 31.112% of the shares of Bank First National Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-31	BlackRock Inc	6.6118	0.0013	666561	-29959	-4.3012
2024-03-31	Vanguard Group Inc	4.8203	0.0008	485954	3809	0.79
2024-03-31	State Street Corporation	2.204	0.0009	222190	13625	6.5327
2024-03-31	NICOLET ADVISORY SERVICES, LLC	2.0912	1.7878	210826	-3223	-1.5057
2024-03-31	Geode Capital Management, LLC	1.9944	0.0016	201065	4647	2.3659
2024-03-31	Associated Banc-Corp	1.7949	0.4971	180956	0	0
2024-03-31	Bank of Montreal	1.0404	0.0028	104890	0	0
2024-03-31	BMO Capital Markets Corp.	1.0404	0.0028	104890	0	0
2024-03-31	Northern Trust Corp	0.8913	0.0014	89860	-2208	-2.3982
2024-03-31	Merit Financial Group, LLC	0.7847	0.1508	79105	73317	1266.707
2024-03-31	Charles Schwab Investment Management Inc	0.6894	0.0014	69499	954	1.3918
2024-03-31	Synovus Financial Corp	0.5963	0.0677	60115	0	0
2024-03-31	Bank of New York Mellon Corp	0.4142	0.0007	41755	-2165	-4.9294
2024-03-31	Stifel Financial Corp	0.4017	0.004	40498	0	0
2024-03-31	Millennium Management LLC	0.3425	0.0013	34533	34533	0
2024-03-31	Ziegler Capital Management LLC	0.3075	0.0103	31000	-1000	-3.125
2024-03-31	Nuveen Asset Management, LLC	0.2471	0.0006	24912	0	0
2024-03-31	Wealthcare Advisory Partners LLC	0.235	0.0673	23696	23696	0
2024-03-31	Bank of America Corp	0.1932	0.0002	19475	-6008	-23.5765
2024-03-31	JPMorgan Chase & Co	0.1822	0.0001	18372	8063	78.2132
Total		26.8825	2.6009	2710152	+118081	+4.4%

3.2. Funds holding Bank First National Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-04-30	Vanguard Total Stock Mkt Idx Inv	2.7546	0.0014	277704	0	0
2024-05-30	iShares Russell 2000 ETF	2.1559	0.0298	217344	1672	0.7753
2024-04-30	Vanguard Institutional Extnd Mkt Idx Tr	1.2589	0.01	126920	-38	-0.0299
2024-03-31	Fidelity Small Cap Index	0.917	0.0299	92449	-3287	-3.4334
2024-05-30	iShares Russell 2000 Value ETF	0.8411	0.059	84795	-112	-0.1319
2024-04-30	State St Russell Sm/Mid Cp® Indx NL Cl C	0.5384	0.0104	54282	0	0
2024-04-30	Fidelity Extended Market Index	0.4794	0.0102	48334	-438	-0.8981
2024-05-31	Schwab US Small-Cap ETF™	0.3998	0.0196	40309	0	0
2024-04-30	Vanguard Russell 2000 ETF	0.3494	0.0285	35225	414	1.1893
2024-05-31	State St Russell Sm Cap® Indx SL Cl I	0.3258	0.0285	32843	0	0
2023-12-31	NT R2000 Value Index Fund - NL	0.2629	0.0608	26508	-673	-2.476
2024-03-31	NT R2000 Index Fund - NL	0.2601	0.0303	26225	-95	-0.3609
2024-04-30	Schwab Small Cap Index	0.2091	0.0288	21083	0	0
2024-03-31	NT R2000 Index Fund - DC - NL - 2	0.2066	0.0303	20826	99	0.4776
2023-09-30	BlackRock Extended Mkt Composite	0.1993	0.011	20089	163	0.818
2024-05-30	iShares Micro-Cap ETF	0.1954	0.1892	19698	-274	-1.3719
2024-05-31	Avantis US Small Cap Value ETF	0.1918	0.0138	19336	0	0
2024-03-31	BlackRock Extended Equity Market K	0.1901	0.0114	19164	7	0.0365
2023-12-31	NT R2000 Value Index Fund - L	0.1842	0.0617	18575	1263	7.2955
2024-03-31	Northern Trust Russell 2000 Value Index	0.18	0.0608	18144	-431	-2.3203
Total		12.0998	0.7254	1219853	-1730	-0.1%

3.3. Insider Transactions

Insiders are holding 9.925% of the shares of Bank First National Corp.

Date	Owner	Type	Amount	Price
2024-03-15	Mary Kay Bourbulas	BUY	600	82.88
2024-02-06	Phillip R Maples	BUY	650	81.72
2023-10-26	Kevin M Lemahieu	BUY	582	70

3rd party ad SUPPORTERis ad-free.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Bank First National Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.081	-87.466	+107261%	94.539	-100%	2.105	-104%	-1.120	+1275%
Book Value Per Share	-	-	59.868	224.346	-73%	132.356	-55%	87.741	-32%	78.716	-24%
Current Ratio	-	-	0.087	0.183	-52%	34.159	-100%	28.310	-100%	40.633	-100%
Debt To Asset Ratio	-	-	0.851	0.435	+96%	0.665	+28%	0.756	+13%	0.612	+39%
Debt To Equity Ratio	-	-	5.729	2.952	+94%	5.714	+0%	6.734	-15%	5.764	-1%
Dividend Per Share	-	-	0.348	0.313	+11%	0.217	+60%	0.209	+67%	0.148	+135%
Eps	-	-	1.514	1.922	-21%	1.134	+34%	1.175	+29%	0.798	+90%
Free Cash Flow Per Share	-	-	-0.084	0.948	-109%	0.820	-110%	0.782	-111%	0.728	-112%
Free Cash Flow To Equity Per Share	-	-	-12.119	-2.893	-76%	-3.969	-67%	1.415	-957%	2.110	-674%
Gross Profit Margin	-	-	0.994	0.995	0%	0.994	0%	0.994	+0%	0.990	+0%
Intrinsic Value_10Y_max	-	-	-3.597	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-1.785	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	2.764	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.717	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	5.923	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	5.703	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	6.212	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	5.971	-	-	-	-	-	-	-	-
Market Cap	815686074.000	-8%	882121366.440	858982262.048	+3%	803210341.500	+10%	740044644.810	+19%	530480405.155	+66%
Net Profit Margin	-	-	0.292	0.471	-38%	4.661	-94%	1.252	-77%	0.787	-63%
Operating Margin	-	-	-0.070	0.292	-124%	7.896	-101%	2.020	-103%	1.231	-106%
Operating Ratio	-	-	0.169	-0.073	+143%	-0.005	+103%	-0.063	+137%	0.156	+8%
Pb Ratio	1.351	-7%	1.448	0.826	+75%	1.608	-10%	2.003	-28%	1.675	-14%
Pe Ratio	13.358	-7%	14.309	12.354	+16%	17.568	-19%	17.299	-17%	17.910	-20%
Price Per Share	80.910	-7%	86.670	83.420	+4%	79.673	+9%	73.050	+19%	52.441	+65%
Price To Free Cash Flow Ratio	-241.070	+7%	-258.232	-50.239	-81%	50.600	-610%	22.237	-1261%	11.306	-2384%
Price To Total Gains Ratio	303.670	-7%	325.288	123.056	+164%	-60.100	+118%	35.768	+809%	34.383	+846%
Quick Ratio	-	-	0.224	0.326	-31%	64.865	-100%	19.002	-99%	14.534	-98%
Return On Assets	-	-	0.004	0.005	-21%	0.003	+17%	0.004	-1%	0.003	+10%
Return On Equity	-	-	0.025	0.033	-23%	0.027	-6%	0.032	-22%	0.032	-20%
Total Gains Per Share	-	-	0.266	-87.153	+32810%	94.757	-100%	2.314	-88%	-0.972	+465%
Usd Book Value	-	-	609330000.000	2317032500.000	-74%	1334332750.000	-54%	895614250.000	-32%	799093982.250	-24%
Usd Book Value Change Per Share	-	-	-0.081	-87.466	+107261%	94.539	-100%	2.105	-104%	-1.120	+1275%
Usd Book Value Per Share	-	-	59.868	224.346	-73%	132.356	-55%	87.741	-32%	78.716	-24%
Usd Dividend Per Share	-	-	0.348	0.313	+11%	0.217	+60%	0.209	+67%	0.148	+135%
Usd Eps	-	-	1.514	1.922	-21%	1.134	+34%	1.175	+29%	0.798	+90%
Usd Free Cash Flow	-	-	-854000.000	9804750.000	-109%	8266000.000	-110%	7934750.000	-111%	5531474.975	-115%
Usd Free Cash Flow Per Share	-	-	-0.084	0.948	-109%	0.820	-110%	0.782	-111%	0.728	-112%
Usd Free Cash Flow To Equity Per Share	-	-	-12.119	-2.893	-76%	-3.969	-67%	1.415	-957%	2.110	-674%
Usd Market Cap	815686074.000	-8%	882121366.440	858982262.048	+3%	803210341.500	+10%	740044644.810	+19%	530480405.155	+66%
Usd Price Per Share	80.910	-7%	86.670	83.420	+4%	79.673	+9%	73.050	+19%	52.441	+65%
Usd Profit	-	-	15412000.000	19811500.000	-22%	11385500.000	+35%	11895900.000	+30%	8073732.550	+91%
Usd Revenue	-	-	52703000.000	42468250.000	+24%	24408250.000	+116%	28277000.000	+86%	20671859.425	+155%
Usd Total Gains Per Share	-	-	0.266	-87.153	+32810%	94.757	-100%	2.314	-88%	-0.972	+465%
	EOD	+3 -5	MRQ	TTM	+12 -24	YOY	+14 -22	5Y	+15 -21	10Y	+20 -16

4.2. Fundamental Score

Let's check the fundamental score of Bank First National Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	13.358
Price to Book Ratio (EOD)	Between	0-1	1.351
Net Profit Margin (MRQ)	Greater than	0	0.292
Operating Margin (MRQ)	Greater than	0	-0.070
Quick Ratio (MRQ)	Greater than	1	0.224
Current Ratio (MRQ)	Greater than	1	0.087
Debt to Asset Ratio (MRQ)	Less than	1	0.851
Debt to Equity Ratio (MRQ)	Less than	1	5.729
Return on Equity (MRQ)	Greater than	0.15	0.025
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			3/10 (30.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Bank First National Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	49.939
Ma 20	Greater than	Ma 50	80.560
Ma 50	Greater than	Ma 100	80.929
Ma 100	Greater than	Ma 200	81.924
Open	Greater than	Close	82.750
Total			1/5 (20.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	4,099,924
Total Liabilities	3,490,594
Total Stockholder Equity	609,330

	As reported
Total Liabilities	3,490,594
Total Stockholder Equity	+ 609,330
Total Assets	= 4,099,924

Assets

Total Assets	4,099,924
Total Current Assets	86,048
Long-term Assets	4,013,876

Total Current Assets

Total Current Assets (as reported)	86,048
Cash And Cash Equivalents	83,374
Short-term Investments	138,420
Total Current Assets (calculated)	221,794
+/-	135,746

Long-term Assets

Long-term Assets (as reported)	4,013,876
Property Plant Equipment	69,621
Goodwill	175,106
Long Term Investments	304,814
Intangible Assets	38,852
Long-term Assets Other	72,504
Long-term Assets (calculated)	660,897
+/-	3,352,979

Liabilities & Shareholders' Equity

Total Current Liabilities	990,574
Long-term Liabilities	2,500,020
Total Stockholder Equity	609,330

Total Current Liabilities

Total Current Liabilities (as reported)	990,574
Short-term Debt	85
Other Current Liabilities	990,489
Total Current Liabilities (calculated)	990,574
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	2,500,020
Long term Debt	47,295
Long-term Liabilities (calculated)	47,295
+/-	2,452,725

Total Stockholder Equity

Total Stockholder Equity (as reported)	609,330
Common Stock	115
Retained Earnings	359,872
Accumulated Other Comprehensive Income	-9,411
Other Stockholders Equity	258,754
Total Stockholder Equity (calculated)	609,330
+/-	0

Other

Capital Stock	115
Cash and Short Term Investments	83,374
Common Stock Shares Outstanding	10,178
Liabilities and Stockholders Equity	4,099,924
Net Debt	-34,495
Net Invested Capital	656,625
Net Working Capital	-904,526
Short Long Term Debt Total	48,879

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

> Total Assets

452,943
462,881
482,949
495,410
505,942
512,767
518,927
527,304
530,397
542,893
547,419
565,810
573,467
572,476
563,535
581,953
584,911
607,168
606,753
622,175
621,983
624,990
624,125
658,238
645,428
644,873
665,511
688,064
673,426
679,822
694,978
720,503
729,175
739,681
767,516
794,128
778,274
761,999
784,255
838,754
833,752
815,049
803,947
831,579
837,664
847,565
880,161
910,028
923,281
938,594
937,621
1,020,426
971,619
988,733
1,038,738
1,060,887
1,057,748
1,089,387
1,095,123
1,105,008
1,168,487
1,126,511
1,201,357
1,237,675
1,215,281
1,302,438
1,347,296
1,315,997
1,286,591
1,308,375
1,333,016
1,753,404
1,703,623
1,741,874
1,735,754
1,793,165
1,805,408
1,806,467
2,163,501
2,210,168
2,200,320
2,657,911
2,639,247
2,718,016
2,846,199
2,818,950
2,846,605
2,937,552
2,924,936
2,961,027
3,640,754
3,660,432
4,167,228
4,092,071
4,087,519
4,237,185
4,099,924

4,099,924

4,237,185

4,087,519

4,092,071

4,167,228

3,660,432

3,640,754

2,961,027

2,924,936

2,937,552

2,846,605

2,818,950

2,846,199

2,718,016

2,639,247

2,657,911

2,200,320

2,210,168

2,163,501

1,806,467

1,805,408

1,793,165

1,735,754

1,741,874

1,703,623

1,753,404

1,333,016

1,308,375

1,286,591

1,315,997

1,347,296

1,302,438

1,215,281

1,237,675

1,201,357

1,126,511

1,168,487

1,105,008

1,095,123

1,089,387

1,057,748

1,060,887

1,038,738

988,733

971,619

1,020,426

937,621

938,594

923,281

910,028

880,161

847,565

837,664

831,579

803,947

815,049

833,752

838,754

784,255

761,999

778,274

794,128

767,516

739,681

729,175

720,503

694,978

679,822

673,426

688,064

665,511

644,873

645,428

658,238

624,125

624,990

621,983

622,175

606,753

607,168

584,911

581,953

563,535

572,476

573,467

565,810

547,419

542,893

530,397

527,304

518,927

512,767

505,942

495,410

482,949

462,881

452,943

> Total Current Assets

435,406
445,394
465,715
478,009
485,922
492,976
499,406
508,044
511,390
524,037
528,940
407,441
416,830
418,606
406,600
423,985
416,348
430,852
424,058
445,819
443,030
447,966
452,837
484,000
15,619
15,967
13,307
54,490
38,890
24,718
28,781
3,639
3,639
3,639
3,639
571,301
3,639
3,539
3,539
607,142
3,639
3,539
4,561
653,018
3,539
3,539
3,539
740,862
0
0
0
111,615
30,206
29,487
68,354
58,613
49,185
38,657
33,930
49,435
111,611
35,993
80,394
75,704
54,554
104,542
104,045
68,401
44,613
34,198
34,240
1,526,388
37,752
45,304
1,503,313
1,558,729
1,564,113
1,567,801
1,865,666
1,851,300
1,846,515
2,319,353
2,301,615
2,387,285
2,513,083
2,499,672
2,532,111
241,860
405,337
337,455
349,060
424,377
240,564
302,629
254,822
250,041
86,048

86,048

250,041

254,822

302,629

240,564

424,377

349,060

337,455

405,337

241,860

2,532,111

2,499,672

2,513,083

2,387,285

2,301,615

2,319,353

1,846,515

1,851,300

1,865,666

1,567,801

1,564,113

1,558,729

1,503,313

45,304

37,752

1,526,388

34,240

34,198

44,613

68,401

104,045

104,542

54,554

75,704

80,394

35,993

111,611

49,435

33,930

38,657

49,185

58,613

68,354

29,487

30,206

111,615

740,862

3,539

653,018

4,561

3,539

3,639

607,142

3,539

3,639

571,301

3,639

28,781

24,718

38,890

54,490

13,307

15,967

15,619

484,000

452,837

447,966

443,030

445,819

424,058

430,852

416,348

423,985

406,600

418,606

416,830

407,441

528,940

524,037

511,390

508,044

499,406

492,976

485,922

478,009

465,715

445,394

435,406

Cash And Cash Equivalents

21,298
17,604
23,232
26,374
27,011
27,894
33,201
39,896
41,042
39,541
33,445
35,630
36,647
42,829
15,934
24,334
14,790
25,520
15,488
18,524
14,534
14,907
14,053
24,749
15,619
15,967
13,307
54,490
38,890
24,718
28,781
34,594
0
0
0
21,486
0
0
0
18,946
0
0
0
18,579
0
0
0
40,029
0
0
0
111,615
30,206
29,487
68,354
58,613
49,185
38,657
33,930
49,435
111,611
35,993
80,394
75,704
54,554
104,542
104,045
68,401
44,613
34,198
34,240
53,100
37,752
45,304
33,601
63,265
47,120
109,037
61,807
53,059
28,215
34,304
34,339
41,450
28,744
30,625
33,596
296,860
107,359
43,985
143,441
119,351
169,691
111,326
75,776
247,468
83,374

83,374

247,468

75,776

111,326

169,691

119,351

143,441

43,985

107,359

296,860

33,596

30,625

28,744

41,450

34,339

34,304

28,215

53,059

61,807

109,037

47,120

63,265

33,601

45,304

37,752

53,100

34,240

34,198

44,613

68,401

104,045

104,542

54,554

75,704

80,394

35,993

111,611

49,435

33,930

38,657

49,185

58,613

68,354

29,487

30,206

111,615

40,029

18,579

18,946

21,486

34,594

28,781

24,718

38,890

54,490

13,307

15,967

15,619

24,749

14,053

14,907

14,534

18,524

15,488

25,520

14,790

24,334

15,934

42,829

36,647

35,630

33,445

39,541

41,042

39,896

33,201

27,894

27,011

26,374

23,232

17,604

21,298

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,639
3,639
3,639
3,639
0
3,639
3,539
3,539
0
3,639
3,539
4,561
3,539
3,539
3,539
3,539
3,539
0
0
0
73,016
0
0
0
45,316
0
0
0
34,269
0
0
0
64,384
0
0
0
50,899
0
0
0
122,771
0
0
124,036
121,832
125,688
122,407
136,935
185,642
176,204
174,067
174,085
165,790
168,010
154,532
149,091
212,689
297,978
293,470
304,324
305,026
206,904
191,303
179,046
159,969
138,420

138,420

159,969

179,046

191,303

206,904

305,026

304,324

293,470

297,978

212,689

149,091

154,532

168,010

165,790

174,085

174,067

176,204

185,642

136,935

122,407

125,688

121,832

124,036

122,771

50,899

64,384

34,269

45,316

73,016

3,539

4,561

3,539

3,639

3,539

3,639

Net Receivables

13,017
12,170
13,384
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,901
3,046
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,016
5,466
6,977
9,563
9,582
14,052
13,504
0
0
0

13,504

14,052

9,582

9,563

6,977

5,466

5,016

3,046

2,901

13,384

12,170

13,017

Other Current Assets

401,091
415,620
429,099
451,635
458,911
465,082
466,205
468,148
470,348
484,496
495,495
371,811
380,183
375,777
390,666
399,651
401,558
405,332
408,570
427,295
428,496
430,158
435,738
459,251
0
0
0
0
0
0
0
0
0
0
0
549,815
0
0
0
588,196
0
0
0
634,439
0
0
0
697,294
0
0
0
0
0
0
0
0
0
0
0
12,418
0
0
0
10,308
0
0
0
11,756
0
0
0
1,350,517
461
460
1,345,676
1,373,632
1,391,305
1,336,357
1,666,924
1,612,599
1,642,096
2,110,982
2,093,191
2,180,045
2,316,329
2,314,515
2,349,424
297,010
107,359
43,985
144,846
121,871
173,601
113,565
77,620
250,041
86,048

86,048

250,041

77,620

113,565

173,601

121,871

144,846

43,985

107,359

297,010

2,349,424

2,314,515

2,316,329

2,180,045

2,093,191

2,110,982

1,642,096

1,612,599

1,666,924

1,336,357

1,391,305

1,373,632

1,345,676

460

461

1,350,517

11,756

10,308

12,418

697,294

634,439

588,196

549,815

459,251

435,738

430,158

428,496

427,295

408,570

405,332

401,558

399,651

390,666

375,777

380,183

371,811

495,495

484,496

470,348

468,148

466,205

465,082

458,911

451,635

429,099

415,620

401,091

> Long-term Assets

17,537
17,487
17,234
17,401
20,020
19,791
19,521
19,260
19,007
18,856
18,479
158,369
156,637
153,870
156,935
157,968
168,563
176,316
182,695
176,356
178,953
177,024
171,288
174,238
186,583
181,260
193,207
182,838
181,827
179,597
183,875
185,793
190,843
185,484
198,399
222,827
186,373
179,540
179,698
231,612
203,134
173,928
159,834
178,561
149,839
139,350
146,992
169,166
0
0
0
20,122
20,090
959,246
970,384
1,002,274
1,008,563
1,050,730
1,061,193
1,055,573
1,056,876
1,090,518
1,120,963
1,161,971
1,160,727
1,197,896
1,243,250
1,247,596
1,241,978
1,274,177
1,298,776
227,016
1,665,871
1,696,570
232,441
234,436
241,295
238,666
297,835
358,868
353,805
338,558
337,632
330,731
333,116
319,278
314,494
68,396
480,652
505,947
201,285
603,474
292,356
554,802
544,632
3,987,144
4,013,876

4,013,876

3,987,144

544,632

554,802

292,356

603,474

201,285

505,947

480,652

68,396

314,494

319,278

333,116

330,731

337,632

338,558

353,805

358,868

297,835

238,666

241,295

234,436

232,441

1,696,570

1,665,871

227,016

1,298,776

1,274,177

1,241,978

1,247,596

1,243,250

1,197,896

1,160,727

1,161,971

1,120,963

1,090,518

1,056,876

1,055,573

1,061,193

1,050,730

1,008,563

1,002,274

970,384

959,246

20,090

20,122

169,166

146,992

139,350

149,839

178,561

159,834

173,928

203,134

231,612

179,698

179,540

186,373

222,827

198,399

185,484

190,843

185,793

183,875

179,597

181,827

182,838

193,207

181,260

186,583

174,238

171,288

177,024

178,953

176,356

182,695

176,316

168,563

157,968

156,935

153,870

156,637

158,369

18,479

18,856

19,007

19,260

19,521

19,791

20,020

17,401

17,234

17,487

17,537

Property Plant Equipment

9,624
9,669
9,528
9,491
9,719
9,642
9,532
9,431
9,246
9,164
8,855
8,653
8,578
8,674
8,688
8,608
8,719
8,856
8,861
8,778
8,644
7,963
8,217
9,236
9,132
9,002
9,043
8,938
8,821
8,788
8,719
9,243
9,990
10,036
10,047
10,299
10,346
10,097
10,138
8,989
9,232
9,172
9,197
9,063
9,077
9,365
9,326
9,573
9,182
9,446
9,698
10,051
10,024
10,028
9,285
9,272
9,797
9,894
10,632
11,152
11,494
11,437
12,054
12,960
13,796
13,666
13,082
13,323
13,823
13,840
14,808
18,578
24,343
23,458
23,724
24,489
26,915
28,097
32,306
35,286
36,615
39,645
41,186
43,183
43,606
43,503
44,181
49,461
50,068
50,608
57,019
56,448
63,736
66,958
70,994
69,891
69,621

69,621

69,891

70,994

66,958

63,736

56,448

57,019

50,608

50,068

49,461

44,181

43,503

43,606

43,183

41,186

39,645

36,615

35,286

32,306

28,097

26,915

24,489

23,724

23,458

24,343

18,578

14,808

13,840

13,823

13,323

13,082

13,666

13,796

12,960

12,054

11,437

11,494

11,152

10,632

9,894

9,797

9,272

9,285

10,028

10,024

10,051

9,698

9,446

9,182

9,573

9,326

9,365

9,077

9,063

9,197

9,172

9,232

8,989

10,138

10,097

10,346

10,299

10,047

10,036

9,990

9,243

8,719

8,788

8,821

8,938

9,043

9,002

9,132

9,236

8,217

7,963

8,644

8,778

8,861

8,856

8,719

8,608

8,688

8,674

8,578

8,653

8,855

9,164

9,246

9,431

9,532

9,642

9,719

9,491

9,528

9,669

9,624

Goodwill

0
0
0
0
0
0
0
8,968
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,884
0
0
0
16,492
0
0
0
7,932
0
0
0
8,480
0
0
0
7,984
0
0
7,984
7,984
7,984
7,984
7,984
7,984
0
7,984
0
7,984
7,984
7,984
7,984
7,984
7,984
7,984
7,984
7,984
7,984
7,984
7,984
15,085
15,024
15,024
15,024
15,024
15,024
15,024
43,456
43,456
43,456
55,052
55,022
55,472
55,472
55,357
55,357
55,357
55,357
55,357
111,551
110,206
175,125
205,329
203,705
175,106
175,106

175,106

203,705

205,329

175,125

110,206

111,551

55,357

55,472

55,022

55,052

43,456

15,024

15,085

7,984

8,480

7,932

16,492

10,884

8,968

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
130,172
0
0
0
154,385
0
0
0
168,312
0
0
0
187,775
190,790
193,650
1,623,665
1,609,464
1,617,981
190,571
211,376
270,460
264,401
233,354
2,412,169
2,399,405
2,436,879
211,335
2,397,696
2,486,674
2,661,329
2,755,218
3,240,837
3,284,875
72,900
269,011
256,200
299,813
304,814

304,814

299,813

256,200

269,011

72,900

3,284,875

3,240,837

2,755,218

2,661,329

2,486,674

2,397,696

211,335

2,436,879

2,399,405

2,412,169

233,354

264,401

270,460

211,376

190,571

1,617,981

1,609,464

1,623,665

193,650

190,790

187,775

168,312

154,385

130,172

Intangible Assets

0
0
0
7,910
0
0
0
2,016
0
9,692
0
0
0
0
11,152
11,085
11,259
0
0
0
0
11,564
0
12,357
0
0
0
0
0
0
0
3,726
0
0
0
6,854
0
0
0
2,252
0
0
0
2,546
0
0
0
1,797
0
0
9,986
2,087
2,082
10,478
10,473
2,563
0
10,378
0
2,427
10,407
2,346
10,325
2,325
10,305
10,262
2,273
2,409
2,406
2,739
2,739
5,578
5,389
5,590
5,401
5,297
5,136
4,974
10,697
9,666
9,333
10,507
10,088
9,167
8,816
9,083
8,731
9,051
9,208
10,425
27,373
26,411
45,949
13,504
13,733
40,664
38,852

38,852

40,664

13,733

13,504

45,949

26,411

27,373

10,425

9,208

9,051

8,731

9,083

8,816

9,167

10,088

10,507

9,333

9,666

10,697

4,974

5,136

5,297

5,401

5,590

5,389

5,578

2,739

2,406

2,409

2,273

10,262

10,305

2,325

10,325

2,346

10,407

2,427

10,378

2,563

10,473

10,478

2,082

2,087

9,986

1,797

2,546

2,252

6,854

3,726

12,357

11,564

11,259

11,085

11,152

9,692

2,016

7,910

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
274,516
297,241
286,126
323,682
293,554
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

293,554

323,682

286,126

297,241

274,516

Other Assets

0
0
0
0
0
0
0
0
0
0
0
724,179
730,104
726,346
720,470
739,921
753,474
783,484
789,448
798,531
800,936
802,014
795,413
832,476
443,226
447,646
458,997
450,736
452,709
475,507
482,322
531,071
534,693
550,558
565,478
1,016,955
588,262
578,920
601,018
1,070,366
626,979
637,582
639,552
1,010,140
684,286
704,676
729,630
1,079,194
188,138
192,118
176,331
888,689
921,322
164,868
163,030
159,798
167,070
181,999
182,253
165,260
167,652
181,315
186,133
190,222
190,617
188,709
212,016
205,405
191,286
192,419
189,820
1,980,420
242,140
1,453,337
1,968,195
2,027,601
2,046,703
2,045,133
2,461,336
2,569,036
2,200,320
2,657,911
2,639,247
2,718,016
2,846,199
2,818,950
2,846,605
2,627,296
2,038,947
2,117,625
3,090,409
2,632,581
3,634,308
3,234,640
3,288,065
0
0

3,288,065

3,234,640

3,634,308

2,632,581

3,090,409

2,117,625

2,038,947

2,627,296

2,846,605

2,818,950

2,846,199

2,718,016

2,639,247

2,657,911

2,200,320

2,569,036

2,461,336

2,045,133

2,046,703

2,027,601

1,968,195

1,453,337

242,140

1,980,420

189,820

192,419

191,286

205,405

212,016

188,709

190,617

190,222

186,133

181,315

167,652

165,260

182,253

181,999

167,070

159,798

163,030

164,868

921,322

888,689

176,331

192,118

188,138

1,079,194

729,630

704,676

684,286

1,010,140

639,552

637,582

626,979

1,070,366

601,018

578,920

588,262

1,016,955

565,478

550,558

534,693

531,071

482,322

475,507

452,709

450,736

458,997

447,646

443,226

832,476

795,413

802,014

800,936

798,531

789,448

783,484

753,474

739,921

720,470

726,346

730,104

724,179

> Total Liabilities

417,190
425,778
443,879
453,949
462,040
468,126
471,886
480,815
482,189
491,682
493,460
511,526
517,529
514,003
504,749
521,730
522,040
545,662
541,784
556,302
555,572
559,237
561,306
593,728
579,566
579,616
597,200
618,460
602,354
608,659
620,584
644,941
651,308
664,536
690,323
716,660
687,317
684,645
702,668
757,461
750,448
730,082
716,643
746,568
750,383
757,796
788,410
817,207
828,345
840,955
839,205
2,820
2,880
5,350
32,195
1,815
2,435
22,905
1,000
995,946
49,000
13,000
70,000
1,118,747
1,093,786
100,000
100,000
1,188,474
1,156,339
1,175,728
35,000
1,591,676
35,500
55,500
1,566,621
1,618,842
1,626,231
1,621,019
1,938,169
1,979,957
1,962,638
2,381,811
2,353,143
2,423,159
2,542,757
2,507,520
2,531,343
2,614,899
2,606,633
2,646,865
3,201,339
3,207,329
36,577
70,269
70,319
3,617,387
3,490,594

3,490,594

3,617,387

70,319

70,269

36,577

3,207,329

3,201,339

2,646,865

2,606,633

2,614,899

2,531,343

2,507,520

2,542,757

2,423,159

2,353,143

2,381,811

1,962,638

1,979,957

1,938,169

1,621,019

1,626,231

1,618,842

1,566,621

55,500

35,500

1,591,676

35,000

1,175,728

1,156,339

1,188,474

100,000

1,093,786

1,118,747

70,000

13,000

49,000

995,946

1,000

22,905

2,435

1,815

32,195

5,350

2,880

2,820

839,205

840,955

828,345

817,207

788,410

757,796

750,383

746,568

716,643

730,082

750,448

757,461

702,668

684,645

687,317

716,660

690,323

664,536

651,308

644,941

620,584

608,659

602,354

618,460

597,200

579,616

579,566

593,728

561,306

559,237

555,572

556,302

541,784

545,662

522,040

521,730

504,749

514,003

517,529

511,526

493,460

491,682

482,189

480,815

471,886

468,126

462,040

453,949

443,879

425,778

417,190

> Total Current Liabilities

1,394
2,000
2,114
0
739
2,000
2,000
0
0
0
0
733
0
0
0
16,565
0
0
0
25,000
0
8,560
26,917
25,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
985,255
0
0
0
1,108,192
0
0
0
1,177,126
0
0
0
5,000
1,495,659
1,508,857
2,000
1,607,342
1,614,731
1,609,519
1,869,725
1,911,545
1,895,261
2,338,090
25,145
23,469
12,967
812,086
815,084
8,011
818,073
836,593
2,569
1,645,313
2,411,584
1,108,245
1,082,717
1,843,193
990,574

990,574

1,843,193

1,082,717

1,108,245

2,411,584

1,645,313

2,569

836,593

818,073

8,011

815,084

812,086

12,967

23,469

25,145

2,338,090

1,895,261

1,911,545

1,869,725

1,609,519

1,614,731

1,607,342

2,000

1,508,857

1,495,659

5,000

1,177,126

1,108,192

985,255

4,200

25,000

26,917

8,560

25,000

16,565

733

2,000

739

2,114

2,000

1,394

Short-term Debt

1,394
2,000
2,114
0
739
2,000
2,000
0
0
0
0
733
0
0
0
16,565
0
0
0
25,000
0
7,000
25,000
25,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,513
0
0
0
45,617
0
0
0
50,106
0
0
0
5,000
61,379
68,933
2,000
2,000
0
0
0
1,400
0
0
25,145
23,469
12,967
29,169
24,888
8,011
19,816
16,725
2,569
98,688
48,094
24,402
17,876
75,832
85

75,832

17,876

24,402

48,094

98,688

2,569

16,725

19,816

8,011

24,888

29,169

12,967

23,469

25,145

1,400

2,000

68,933

61,379

5,000

50,106

45,617

30,513

4,200

25,000

7,000

25,000

16,565

733

2,000

739

2,114

2,000

1,394

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,513
0
0
0
45,617
0
0
0
50,106
0
0
0
5,101
61,379
68,933
68,933
0
0
0
0
1,400
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,400

68,933

61,379

5,101

50,106

45,617

30,513

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,560
1,917
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
783,041
786,591
803,156
869,163
833,729
840,904
880,720
919,486
916,048
903,421
923,797
954,742
961,493
968,909
986,262
1,062,575
1,065,183
1,064,279
1,080,933
1,127,020
1,120,776
1,147,662
1,141,767
1,506,642
1,468,713
1,495,424
1,486,470
1,557,167
1,573,677
1,574,998
1,838,080
1,843,311
1,847,209
2,263,145
2,271,040
2,320,963
2,448,035
2,446,654
2,472,258
2,528,440
2,557,106
2,601,479
3,138,201
3,060,229
0
3,405,736
3,398,293
0
0

3,398,293

3,405,736

3,060,229

3,138,201

2,601,479

2,557,106

2,528,440

2,472,258

2,446,654

2,448,035

2,320,963

2,271,040

2,263,145

1,847,209

1,843,311

1,838,080

1,574,998

1,573,677

1,557,167

1,486,470

1,495,424

1,468,713

1,506,642

1,141,767

1,147,662

1,120,776

1,127,020

1,080,933

1,064,279

1,065,183

1,062,575

986,262

968,909

961,493

954,742

923,797

903,421

916,048

919,486

880,720

840,904

833,729

869,163

803,156

786,591

783,041

1,917

1,560

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,067
0
1,486,470
1,557,167
1,573,677
1,574,998
1,838,080
1,843,311
1,847,209
2,263,145
25,145
23,469
12,967
782,917
790,196
2,528,440
798,257
819,868
3,138,201
1,546,625
2,363,490
1,083,843
1,064,841
1,767,361
990,489

990,489

1,767,361

1,064,841

1,083,843

2,363,490

1,546,625

3,138,201

819,868

798,257

2,528,440

790,196

782,917

12,967

23,469

25,145

2,263,145

1,847,209

1,843,311

1,838,080

1,574,998

1,573,677

1,557,167

1,486,470

1,067

> Long-term Liabilities

41,000
30,000
30,000
23,000
38,195
37,176
36,939
47,179
43,180
43,166
43,152
37,405
36,411
37,375
31,121
15,345
41,221
42,313
41,926
17,280
46,927
40,245
22,377
22,427
41,108
42,133
37,871
27,846
27,822
27,622
27,571
26,779
17,389
21,643
29,071
28,170
36,614
33,350
27,097
22,135
25,551
24,842
13,178
7,810
6,642
6,459
15,011
3,700
0
0
0
2,820
2,880
5,350
32,195
1,815
2,435
22,905
1,000
0
49,000
13,000
70,000
0
0
100,000
100,000
0
0
0
35,000
15,000
35,500
55,500
57,500
11,500
11,500
11,500
68,444
68,412
67,377
43,721
45,657
40,969
30,467
26,697
26,679
2,606,888
25,247
2,646,865
3,198,770
3,207,329
36,577
70,269
70,319
1,774,194
2,500,020

2,500,020

1,774,194

70,319

70,269

36,577

3,207,329

3,198,770

2,646,865

25,247

2,606,888

26,679

26,697

30,467

40,969

45,657

43,721

67,377

68,412

68,444

11,500

57,500

55,500

35,500

15,000

35,000

100,000

70,000

13,000

49,000

1,000

22,905

2,435

1,815

32,195

5,350

2,880

2,820

3,700

15,011

6,459

6,642

7,810

13,178

24,842

25,551

22,135

27,097

33,350

36,614

28,170

29,071

21,643

17,389

26,779

27,571

27,622

27,822

27,846

37,871

42,133

41,108

22,427

22,377

40,245

46,927

17,280

41,926

42,313

41,221

15,345

31,121

37,375

36,411

37,405

43,152

43,166

43,180

47,179

36,939

37,176

38,195

23,000

30,000

41,000

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,500
11,500
11,500
11,500
68,444
68,412
67,377
43,721
25,145
40,969
30,467
26,697
26,679
25,511
25,247
17,500
23,500
23,500
23,500
23,500
0
0
0

23,500

17,500

25,247

25,511

26,679

26,697

30,467

40,969

25,145

43,721

67,377

68,412

68,444

11,500

59,500

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,448
5,656
6,976
9,251
5,641
4,675
3,692
7,173
9,088
24,115
25,870
10,691
8,083
7,149
7,220
10,555
6,594
7,065
7,850
11,348
8,441
7,827
8,619
17,466
11,736
12,317
13,353
18,686
13,843
12,769
17,736
20,670
10,577
15,825
10,884
23,259
15,037
12,490
15,005
19,826
11,150
10,026
15,106
22,893
0
19,810
24,387
0
0

24,387

19,810

22,893

15,106

10,026

11,150

19,826

15,005

12,490

15,037

23,259

10,884

15,825

10,577

20,670

17,736

12,769

13,843

18,686

13,353

12,317

11,736

17,466

8,619

7,827

8,441

11,348

7,850

7,065

6,594

10,555

7,220

7,149

8,083

10,691

25,870

24,115

9,088

7,173

3,692

4,675

5,641

9,251

6,976

5,656

6,448

> Total Stockholder Equity

35,753
37,103
39,070
41,461
43,902
44,641
47,041
46,489
48,208
51,211
53,959
54,284
55,938
58,473
58,786
60,223
62,871
61,506
64,969
65,873
66,411
65,753
62,819
64,510
65,862
65,257
68,311
69,604
71,072
71,163
74,394
75,562
77,867
75,145
77,193
77,468
90,957
77,354
81,587
81,293
83,304
84,967
87,304
85,011
87,281
89,769
91,751
92,821
94,936
97,639
98,416
96,093
99,066
98,578
99,355
101,568
103,876
106,343
107,361
109,062
112,539
114,151
116,991
118,928
121,495
123,918
126,485
127,523
130,252
132,647
134,933
161,728
161,795
165,200
169,133
174,323
179,177
185,448
225,332
230,211
237,682
276,100
286,104
294,857
303,442
311,430
315,262
322,653
318,303
314,162
439,415
453,103
562,372
570,872
577,329
619,798
609,330

609,330

619,798

577,329

570,872

562,372

453,103

439,415

314,162

318,303

322,653

315,262

311,430

303,442

294,857

286,104

276,100

237,682

230,211

225,332

185,448

179,177

174,323

169,133

165,200

161,795

161,728

134,933

132,647

130,252

127,523

126,485

123,918

121,495

118,928

116,991

114,151

112,539

109,062

107,361

106,343

103,876

101,568

99,355

98,578

99,066

96,093

98,416

97,639

94,936

92,821

91,751

89,769

87,281

85,011

87,304

84,967

83,304

81,293

81,587

77,354

90,957

77,468

77,193

75,145

77,867

75,562

74,394

71,163

71,072

69,604

68,311

65,257

65,862

64,510

62,819

65,753

66,411

65,873

64,969

61,506

62,871

60,223

58,786

58,473

55,938

54,284

53,959

51,211

48,208

46,489

47,041

44,641

43,902

41,461

39,070

37,103

35,753

Common Stock

1,896
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
3,792
7,584
7,584
7,584
7,584
7,584
7,584
7,584
7,584
7,584
7,584
1,800
1,800
67
0
0
0
0
0
0
0
67
0
0
0
67
0
0
0
67
0
0
0
67
0
0
0
67
0
0
67
67
67
98,578
99,355
67
103,876
106,343
107,361
67
112,539
67
116,991
67
121,495
123,918
67
67
67
67
67
74
74
74
74
74
74
74
79
79
79
85
85
85
85
85
85
85
85
85
101
101
115
115
115
115
115

115

101

123,918

121,495

116,991

112,539

107,361

106,343

103,876

99,355

98,578

1,800

7,584

3,792

1,896

Retained Earnings

35,998
35,962
37,088
37,991
39,099
40,089
41,494
42,355
43,929
45,430
46,988
44,387
45,941
47,544
49,239
50,560
52,326
53,767
55,410
56,866
58,602
60,074
57,504
61,860
0
0
0
0
0
0
0
71,669
0
0
0
75,319
0
0
0
78,383
0
0
0
83,063
0
0
0
88,831
0
0
98,517
93,473
96,491
101,446
102,439
103,631
0
110,166
0
113,339
117,567
118,618
122,315
123,526
128,188
132,056
132,211
134,773
137,773
140,999
143,851
145,879
151,874
157,204
162,075
168,363
173,644
178,314
183,551
189,494
195,329
202,082
211,486
221,393
231,289
241,222
248,619
258,104
266,614
276,630
284,907
295,496
293,510
304,525
316,212
348,001
359,872

359,872

348,001

316,212

304,525

293,510

295,496

284,907

276,630

266,614

258,104

248,619

241,222

231,289

221,393

211,486

202,082

195,329

189,494

183,551

178,314

173,644

168,363

162,075

157,204

151,874

145,879

143,851

140,999

137,773

134,773

132,211

132,056

128,188

123,526

122,315

118,618

117,567

113,339

110,166

103,631

102,439

101,446

96,491

93,473

98,517

88,831

83,063

78,383

75,319

71,669

61,860

57,504

60,074

58,602

56,866

55,410

53,767

52,326

50,560

49,239

47,544

45,941

44,387

46,988

45,430

43,929

42,355

41,494

40,089

39,099

37,991

37,088

35,962

35,998

Accumulated Other Comprehensive Income

-2,093
-1,951
-1,110
378
1,711
1,460
2,455
1,042
1,187
2,689
3,879
3,013
3,113
4,045
2,663
2,779
3,661
855
2,675
2,123
925
1,479
1,115
138
65,862
65,257
68,311
69,604
71,072
71,163
74,394
1,194
0
0
0
1,284
0
0
0
2,045
0
0
0
1,197
0
0
0
3,214
0
0
0
0
0
0
0
1,050
0
0
0
1,435
0
653
0
1,224
0
0
2,182
292
642
1,303
1,308
977
-374
-669
-1,506
-366
1,487
3,010
3,732
2,494
3,515
5,503
5,936
5,759
4,523
5,049
4,371
3,609
-4,590
-12,031
-18,739
-15,566
-13,156
-14,938
-19,755
-8,746
-9,411

-9,411

-8,746

-19,755

-14,938

-13,156

-15,566

-18,739

-12,031

-4,590

3,609

4,371

5,049

4,523

5,759

5,936

5,503

3,515

2,494

3,732

3,010

1,487

-366

-1,506

-669

-374

977

1,308

1,303

642

292

2,182

1,224

653

1,435

1,050

3,214

1,197

2,045

1,284

1,194

74,394

71,163

71,072

69,604

68,311

65,257

65,862

138

1,115

1,479

925

2,123

2,675

855

3,661

2,779

2,663

4,045

3,113

3,013

3,879

2,689

1,187

1,042

2,455

1,460

1,711

378

-1,110

-1,951

-2,093

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,455
27,601
27,305
27,436
62,911
63,085
62,672
92,277
92,560
92,847
92,105
92,426
92,789
93,149
92,166
92,613
218,365
218,263
332,199
332,718
0
0
0

332,718

332,199

218,263

218,365

92,613

92,166

93,149

92,789

92,426

92,105

92,847

92,560

92,277

62,672

63,085

62,911

27,436

27,305

27,601

27,455

Treasury Stock

-45,191

-45,219

-43,135

-35,972

-32,294

-30,602

-27,352

-24,560

-25,227

-23,963

-23,847

-23,913

-24,941

-23,386

-23,333

-21,349

-18,965

-18,719

-16,994

-12,730

-13,017

-12,337

-10,778

-10,437

-10,711

-10,827

-9,264

-8,580

-8,023

-7,744

-7,575

-8,385

-6,410

-5,788

-5,713

-5,453

-2,768

-3,041

-2,266

Other Stockholders Equity

-48
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
-700
2,400
2,400
2,445
0
0
0
0
0
0
0
2,632
77,867
75,145
77,193
798
90,957
77,354
81,587
798
83,304
84,967
87,304
684
87,281
89,769
91,751
709
0
0
0
2,553
2,508
0
0
-3,180
0
0
0
-5,779
0
-5,188
0
-5,889
0
0
-7,975
-7,609
-8,230
-9,722
-10,293
14,798
10,221
8,591
8,490
6,252
3,972
4,050
37,970
38,144
38,759
68,430
68,597
67,620
67,545
65,074
62,187
60,855
56,194
49,478
173,146
173,072
281,903
281,170
280,757
280,428
258,754

258,754

280,428

280,757

281,170

281,903

173,072

173,146

49,478

56,194

60,855

62,187

65,074

67,545

67,620

68,597

68,430

38,759

38,144

37,970

4,050

3,972

6,252

8,490

8,591

10,221

14,798

-10,293

-9,722

-8,230

-7,609

-7,975

-5,889

-5,188

-5,779

-3,180

2,508

2,553

709

91,751

89,769

87,281

684

87,304

84,967

83,304

798

81,587

77,354

90,957

798

77,193

75,145

77,867

2,632

2,445

2,400

-700

-48

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Accounts Payable	0	3,060,229	2,528,440	2,320,963	1,843,311	1,557,167	1,506,642	1,127,020	1,062,575	954,742	919,486	869,163	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-8,746	-15,566	3,609	5,759	2,494	-366	977	292	1,224	1,435	1,050	3,058	3,214	1,197	2,045	1,284	0	69,604	138	2,123	2,779	3,013	1,042	378	-2,248	1,174
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	115	101	85	85	79	74	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	218,263	93,149	92,847	63,085	27,601	27,528	2,828	2,691	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	247,468	119,351	296,860	41,450	53,059	63,265	53,100	40,306	28,070	41,055	71,635	111,161	40,029	18,579	18,946	21,486	0	54,490	24,749	18,524	24,334	35,630	39,896	26,374	40,716	30,838
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	247,468	424,377	509,549	207,240	238,701	185,097	175,871	154,171	127,933	116,288	181,285	229,116	43,568	18,579	18,946	21,486	3,639	54,490	24,749	18,524	24,334	35,630	39,896	26,374	40,716	30,838
Common Stock	115	101	85	85	79	74	74	67	67	67	67	67	67	67	67	67	0	0	67	7,584	7,584	7,584	3,792	3,792	1,896	1,896
Common Stock Shares Outstanding	10,199	8,069	7,643	7,481	6,903	6,674	6,286	6,221	6,291	6,338	6,464	6,587	6,594	6,594	6,595	6,634	6,714	6,714	6,835	6,932	6,935	6,950	3,469	3,465	3,470	1,736
Common Stock Total Equity	0	101	85	85	79	74	74	67	67	67	67	67	67	67	67	67	0	0	67	7,584	7,584	7,584	3,792	3,792	1,896	1,896
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	323,682	255,934	251,838	219,211	219,137	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	175,106	110,206	55,357	55,472	43,456	15,024	15,085	7,984	7,984	7,984	7,984	7,984	7,984	8,480	7,932	16,492	0	0	0	0	0	0	0	0	0	0
Intangible Assets	40,664	26,411	9,051	9,167	9,666	5,297	5,578	2,409	2,325	2,427	2,563	2,087	1,797	2,546	2,252	6,854	0	0	12,357	0	11,085	0	0	7,910	0	0
Inventory	0	2,520	150	1,885	6,888	3,592	6,270	1,583	1,855	2,943	5,664	6,845	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	4,237,185	3,660,432	2,937,552	2,718,016	2,210,168	1,793,165	1,753,404	1,315,997	1,237,675	1,105,008	1,060,887	1,020,426	910,028	831,579	838,754	794,128	720,503	688,064	658,238	622,175	581,953	565,810	527,304	495,410	462,518	367,828
Long Term Debt	51,394	23,500	25,511	40,969	68,412	11,500	15,000	0	0	0	1,695	1,890	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	23,500	25,511	40,969	68,412	11,500	20,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	299,813	3,284,875	2,486,674	2,399,405	270,460	189,626	187,775	168,312	154,385	130,172	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-118,744	-93,922	-271,349	-481	15,353	-51,765	-33,100	9,800	-28,070	-41,055	-69,820	-108,341	-36,329	-10,769	7,389	6,684	26,779	-26,644	22,678	23,756	7,576	2,508	7,283	-3,374	-2,716	-2,036
Net Invested Capital	671,192	478,532	348,164	335,826	298,623	185,823	181,728	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	0	9,582	5,016	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Tangible Assets	0	326,068	263,261	230,218	181,376	157,087	143,675	119,536	110,923	101,039	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-1,593,152	-1,220,936	-1,965,944	-1,822,164	-1,261,602	1,078,343	1,521,388	123,338	-48,171	-31,982	0	864,411	0	0	602,942	0	0	0	459,000	420,819	407,420	406,708	0	0	0	0
Non Current Assets Total	3,987,144	603,474	384,408	330,731	358,868	234,436	227,016	192,028	177,654	151,735	147,173	155,205	169,166	178,561	231,612	222,827	185,793	182,838	174,238	176,356	157,968	158,369	19,260	17,401	17,578	5,102
Non Current Liabilities Other	0	123,600	60,948	61,227	68,234	50,175	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	1,774,194	3,207,329	25,511	40,969	68,412	11,500	15,000	194,288	0	0	1,815	2,010	3,700	7,810	22,135	28,170	26,779	27,846	22,427	17,280	15,345	37,405	47,179	23,000	38,000	28,802
Non Currrent Assets Other	3,444,798	-13,012	-6,144	-5,531	-5,177	-5,219	-4,797	-6,445	-154,385	-130,172	-127,354	-135,083	-149,812	-158,472	-212,439	-189,182	-185,793	-182,838	-152,645	10,909	-138,275	11,111	-129,387	-116,852	-97,595	-97,197
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	2,632,581	2,043,595	2,180,045	1,612,599	2,027,601	1,980,420	1,508,025	1,415,329	1,256,743	1,208,060	1,175,631	1,079,194	1,010,140	1,070,366	1,016,955	531,071	450,736	832,476	798,531	739,921	724,179	0	0	0	0
Other Current Assets	250,041	121,871	297,010	172,104	93,340	1,373,632	1,350,517	969,798	932,088	836,985	732,429	636,105	697,294	634,439	588,196	549,815	0	0	459,251	427,295	399,651	371,811	468,148	451,635	404,224	331,888
Other Current Liab	1,767,361	1,546,625	2,427,435	1,972,652	1,454,305	448,765	0	950,525	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liab	0	22,893	19,826	23,259	20,670	18,686	17,466	11,348	10,555	10,691	7,173	9,251	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	280,428	173,072	60,855	67,620	38,144	6,252	14,798	-7,609	-5,889	-5,779	-3,180	-505	709	684	798	798	75,562	0	2,445	-700	-700	-700	-700	-700	-48	-48
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	83,136	67,831	59,768	43,183	35,286	24,489	18,578	13,323	12,960	11,152	9,272	10,051	9,573	9,063	8,989	10,299	9,243	8,938	9,236	8,778	8,608	8,653	9,431	9,491	8,872	4,187
Property Plant And Equipment Net	69,891	56,448	49,461	43,183	35,286	24,489	18,578	13,323	12,960	11,152	9,272	10,051	9,573	9,063	8,989	10,299	9,243	8,938	9,236	8,778	8,608	8,653	9,431	9,491	8,872	4,187
Property Plant Equipment	0	56,448	49,461	43,183	35,286	24,489	18,578	13,323	12,960	11,152	9,272	10,051	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	348,001	295,496	258,104	221,393	189,494	168,363	145,879	134,773	123,526	113,339	103,631	93,473	88,831	83,063	78,383	75,319	0	0	61,860	56,866	50,560	44,387	42,355	37,991	34,906	30,869
Retained Earnings Total Equity	0	295,496	258,104	221,393	189,494	168,363	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	1,400	0	5,000	50,106	45,617	30,513	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	128,724	25,429	25,511	40,969	68,412	11,500	20,000	50,106	0	0	1,815	2,820	3,700	7,810	26,335	28,170	26,779	27,846	47,427	42,280	31,910	38,138	47,179	23,000	38,000	28,802
Short Term Debt	75,832	98,688	48,058	56,752	45,998	31,621	5,000	50,106	45,617	30,513	0	810	0	0	4,200	0	0	0	25,000	25,000	16,565	733	0	0	0	0
Short Term Investments	159,969	305,026	212,689	165,790	185,642	121,832	122,771	113,865	99,863	75,233	109,650	117,955	3,539	0	0	0	3,639	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4,237,185	3,660,432	2,937,552	2,718,016	2,210,168	1,793,165	1,753,404	1,315,997	1,237,675	1,105,008	1,060,887	1,020,426	910,028	831,579	838,754	794,128	720,503	688,064	658,238	622,175	581,953	565,810	527,304	495,410	462,518	367,828
Total Current Assets	250,041	424,377	509,549	207,240	238,701	1,558,729	1,526,388	1,123,969	1,060,021	953,273	913,714	865,221	740,862	653,018	607,142	571,301	3,639	54,490	484,000	445,819	423,985	407,441	508,044	478,009	444,940	362,726
Total Current Liabilities	1,843,193	1,645,313	2,475,493	2,029,404	1,500,303	480,386	5,000	1,000,631	1,108,192	985,255	0	810	0	0	4,200	0	0	0	25,000	25,000	16,565	733	0	0	0	0
Total Liab	3,617,387	3,207,329	25,511	40,969	68,412	1,618,842	1,591,676	1,188,474	1,118,747	995,946	959,319	924,333	817,207	746,568	757,461	716,660	644,941	618,460	593,728	556,302	521,730	511,526	480,815	453,949	428,012	333,936
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	619,798	453,103	322,653	294,857	230,211	174,323	161,728	127,523	118,928	109,062	101,568	96,093	92,821	85,011	81,293	77,468	75,562	69,604	64,510	65,873	60,223	54,284	46,489	41,461	34,506	33,892
Treasury Stock	0	-45,191	-32,294	-25,227	-24,941	-21,349	-12,730	-10,437	-8,580	-8,385	-5,788	-3,041	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31
Accounts Payable	0	0	3,398,293	3,405,736	0	3,060,229	3,138,201	2,601,479	2,557,106	2,528,440	2,472,258	2,446,654	2,448,035	2,320,963	2,271,040	2,263,145	1,847,209	1,843,311	1,838,080	1,574,998	1,573,677	1,557,167	1,486,470	1,495,424	1,468,713	1,506,642	1,141,767	1,147,662	1,120,776	1,127,020	1,080,933	1,064,279	1,065,183	1,062,575	986,262	968,909	961,493	954,742	923,797	903,421	916,048	919,486	880,720	840,904	833,729	869,163	803,156	786,591	783,041	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	1,917	1,560	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-9,411	-8,746	-19,755	-14,938	-13,156	-15,566	-18,739	-12,031	-4,590	3,609	4,371	5,049	4,523	5,759	5,936	5,503	3,515	2,494	3,732	3,010	1,487	-366	-1,506	-669	-374	977	1,308	1,303	642	292	2,182	0	0	1,224	0	653	0	1,435	0	0	0	1,050	0	0	0	0	0	0	0	3,214	-	-	-	1,197	-	-	-	2,045	-	-	-	1,284	-	-	-	1,194	74,394	71,163	71,072	69,604	68,311	65,257	65,862	138	1,115	1,479	925	2,123	2,675	855	3,661	2,779	2,663	4,045	3,113	3,013	3,879	2,689	1,187	1,042	2,455	1,460	1,711	378	-1,110	-1,951	-2,093
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	115	115	115	115	115	101	101	85	85	85	85	85	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	332,718	332,199	218,263	218,365	92,613	92,166	93,149	92,789	92,426	92,105	92,847	92,560	92,277	62,672	63,085	62,911	27,436	27,305	27,601	27,455	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	83,374	247,468	75,776	111,326	169,691	119,351	143,441	43,985	107,359	296,860	33,596	30,625	28,744	41,450	34,339	34,304	28,215	53,059	61,807	109,037	47,120	63,265	33,601	45,304	37,752	53,100	34,240	34,198	44,613	68,401	104,045	104,542	54,554	75,704	80,394	35,993	111,611	49,435	33,930	38,657	49,185	58,613	68,354	29,487	30,206	111,615	0	0	0	40,029	-	-	-	18,579	-	-	-	18,946	-	-	-	21,486	-	-	-	34,594	28,781	24,718	38,890	54,490	13,307	15,967	15,619	24,749	14,053	14,907	14,534	18,524	15,488	25,520	14,790	24,334	15,934	42,829	36,647	35,630	33,445	39,541	41,042	39,896	33,201	27,894	27,011	26,374	23,232	17,604	21,298
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	83,374	247,468	254,822	302,629	240,564	424,377	349,060	337,455	405,337	241,860	182,687	185,157	196,754	207,240	208,424	208,371	204,419	238,701	198,742	231,444	172,808	185,097	157,637	45,304	37,752	175,871	34,240	34,198	44,613	68,401	104,045	104,542	54,554	75,704	80,394	35,993	111,611	49,435	33,930	38,657	49,185	58,613	68,354	29,487	30,206	111,615	0	0	0	43,568	3,539	3,539	3,539	18,579	4,561	3,539	3,639	18,946	3,539	3,539	3,639	21,486	3,639	3,639	3,639	3,639	28,781	24,718	38,890	54,490	13,307	15,967	15,619	24,749	14,053	14,907	14,534	18,524	15,488	25,520	14,790	24,334	15,934	42,829	36,647	35,630	33,445	39,541	41,042	39,896	33,201	27,894	27,011	26,374	23,232	17,604	21,298
Common Stock	115	115	115	115	115	101	101	85	85	85	85	85	85	85	85	85	79	79	79	74	74	74	74	74	74	74	67	67	67	67	67	123,918	121,495	67	116,991	67	112,539	67	107,361	106,343	103,876	67	99,355	98,578	67	67	67	0	0	67	-	-	-	67	-	-	-	67	-	-	-	67	-	-	-	67	-	0	-	0	-	-	-	67	1,800	1,800	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	1,896
Common Stock Shares Outstanding	10,178	10,339	10,331	10,347	9,738	8,994	8,228	7,473	7,559	7,625	7,625	7,669	7,678	7,678	7,691	7,406	7,128	7,128	7,108	6,645	6,576	6,608	6,659	6,672	6,714	6,714	6,144	6,172	6,205	6,203	6,200	6,162	6,310	6,236	6,354	6,308	6,296	6,312	6,337	6,299	6,404	6,389	6,376	6,545	6,545	6,528	6,588	6,715	6,715	6,670	6,670	6,670	6,670	6,670	6,670	6,670	6,530	6,530	6,530	6,530	7,722	7,722	7,722	7,722	6,662	6,659	6,710	6,170	6,654	6,714	6,835	6,835	6,835	6,835	6,937	6,937	6,834	6,834	6,983	7,012	6,926	6,926	7,038	6,724	7,041	7,041	3,458	3,454	3,461	3,461	3,433	3,523	3,898	3,464	3,464	3,498	1,733
Common Stock Total Equity	0	0	0	115	115	101	101	85	85	85	85	85	85	85	85	85	79	79	79	74	74	74	74	0	0	74	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	67	-	-	-	67	-	-	-	67	-	-	-	67	-	-	-	-	-	0	-	0	-	-	-	67	1,800	1,800	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	7,584	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	3,792	1,896
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	293,554	323,682	286,126	297,241	274,516	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	175,106	175,106	203,705	205,329	175,125	110,206	111,551	55,357	55,357	55,357	55,357	55,357	55,472	55,472	55,022	55,052	43,456	43,456	43,456	15,024	15,024	15,024	15,024	15,024	15,024	15,085	7,984	7,984	7,984	7,984	7,984	7,984	7,984	7,984	7,984	7,984	7,984	7,984	0	7,984	0	7,984	7,984	7,984	7,984	7,984	7,984	0	0	7,984	-	-	-	8,480	-	-	-	7,932	-	-	-	16,492	-	-	-	10,884	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,968	0	0	0	0	0	0	0
Intangible Assets	38,852	40,664	13,733	13,504	45,949	26,411	27,373	10,425	9,208	9,051	8,731	9,083	8,816	9,167	10,088	10,507	9,333	9,666	10,697	4,974	5,136	5,297	5,401	5,590	5,389	5,578	2,739	2,739	2,406	2,409	2,273	10,262	10,305	2,325	10,325	2,346	10,407	2,427	0	10,378	0	2,563	10,473	10,478	2,082	2,087	9,986	0	0	1,797	-	-	-	2,546	-	-	-	2,252	-	-	-	6,854	-	-	-	3,726	-	0	-	0	-	-	-	12,357	-	11,564	0	0	0	0	11,259	11,085	11,152	0	0	0	0	9,692	0	2,016	0	0	0	7,910	0	0	0
Inventory	0	0	0	2,239	0	2,520	1,405	0	0	150	197	212	915	1,885	3,264	2,269	4,530	6,888	6,870	3,543	3,880	3,592	4,892	5,051	6,256	6,270	2,303	2,590	2,296	1,583	3,668	2,647	1,818	2,223	3,081	3,370	3,504	2,943	0	2,491	0	5,664	3,516	5,036	5,580	6,845	6,498	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	4,099,924	4,237,185	4,087,519	4,092,071	4,167,228	3,660,432	3,640,754	2,961,027	2,924,936	2,937,552	2,846,605	2,818,950	2,846,199	2,718,016	2,639,247	2,657,911	2,200,320	2,210,168	2,163,501	1,806,467	1,805,408	1,793,165	1,735,754	220,700	197,295	1,753,404	169,933	132,647	130,252	127,523	226,485	223,918	121,495	118,928	186,991	127,151	161,539	109,062	108,361	129,248	106,311	103,383	131,550	103,928	0	0	0	0	0	910,028	880,161	847,565	837,664	831,579	803,947	815,049	833,752	838,754	784,255	761,999	778,274	794,128	767,516	739,681	729,175	720,503	694,978	679,822	673,426	688,064	665,511	644,873	645,428	658,238	624,125	624,990	621,983	622,175	606,753	607,168	584,911	581,953	563,535	572,476	573,467	565,810	547,419	542,893	530,397	527,304	518,927	512,767	505,942	495,410	482,949	462,881	452,943
Long Term Debt	47,295	51,394	70,319	70,269	23,500	23,500	23,500	17,500	25,247	25,511	26,679	26,697	30,467	40,969	25,145	43,721	67,377	68,412	68,444	11,500	11,500	11,500	59,500	55,500	35,500	20,000	35,000	0	0	0	100,000	100,000	0	0	70,000	13,000	49,000	0	1,000	22,905	2,435	1,815	32,195	5,350	2,880	2,820	3,600	13,170	3,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	23,500	23,500	23,500	23,500	17,500	25,247	25,511	26,679	26,697	30,467	40,969	25,145	43,721	67,377	68,412	68,444	11,500	11,500	11,500	59,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	304,814	299,813	256,200	269,011	72,900	3,284,875	3,240,837	2,755,218	2,661,329	2,486,674	2,397,696	211,335	2,436,879	2,399,405	2,412,169	233,354	264,401	270,460	211,376	190,571	1,617,981	1,609,464	1,623,665	193,650	190,790	187,775	0	0	0	168,312	0	0	0	154,385	0	0	0	130,172	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-34,495	-118,744	-5,457	-41,057	-98,697	-93,922	-117,372	-24,750	-82,112	-271,349	-6,917	-3,928	1,723	-481	11,318	9,417	39,162	15,353	6,637	-97,537	-35,620	-51,765	25,899	10,196	-2,252	-33,100	760	-34,198	-44,613	-68,401	-4,045	-4,542	-54,554	-75,704	-10,394	-22,993	-62,611	-49,435	-32,930	-15,752	-46,750	-56,798	-36,159	-24,137	-30,206	-111,615	0	0	0	-36,329	15,011	6,459	6,642	-10,769	13,178	24,842	25,551	7,389	27,097	33,350	36,614	6,684	29,071	21,643	17,389	-7,815	-1,210	2,904	-11,068	-26,644	24,564	26,166	25,489	22,678	33,324	32,338	32,393	23,756	26,438	16,793	26,431	7,576	15,187	-5,454	-236	2,508	9,707	3,625	2,138	7,283	5,738	11,282	11,923	-3,374	8,882	14,396	21,096
Net Invested Capital	656,625	671,192	70,319	70,269	633,366	478,532	465,484	333,397	343,550	348,164	341,941	338,127	333,909	335,826	331,761	319,821	305,059	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	0	0	0	13,504	14,052	9,582	9,563	6,977	5,466	5,016	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	3,046	2,901	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	13,384	12,170	13,017
Net Tangible Assets	0	0	373,624	365,543	355,350	326,068	310,054	255,357	259,204	263,261	251,173	246,990	239,154	230,218	220,994	210,541	184,893	181,376	171,179	165,450	159,017	154,002	148,708	147,586	143,992	143,675	0	0	0	119,536	0	0	0	110,923	0	0	0	101,039	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-904,526	-1,593,152	-827,895	-805,616	-2,171,020	-1,220,936	346,491	-499,138	-412,736	233,849	1,717,027	1,687,586	2,500,116	2,363,816	2,276,470	-18,737	-48,746	-60,245	-4,059	-41,718	-50,618	-48,613	1,501,313	-1,463,553	-1,457,907	1,521,388	0	0	0	-1,108,725	0	0	0	-1,032,488	0	0	0	-935,820	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	459,000	-	439,406	0	420,819	0	0	0	407,420	0	0	0	406,708	0	0	0	0	497,406	490,976	485,183	0	463,601	443,394	434,012
Non Current Assets Total	4,013,876	3,987,144	544,632	554,802	292,356	603,474	201,285	505,947	480,652	68,396	314,494	319,278	333,116	330,731	337,632	338,558	353,805	358,868	297,835	238,666	241,295	234,436	232,441	1,696,570	1,665,871	227,016	1,298,776	1,274,177	1,241,978	1,247,596	1,243,250	1,197,896	1,160,727	1,161,971	1,120,963	1,090,518	1,056,876	1,055,573	1,061,193	1,050,730	1,008,563	1,002,274	970,384	959,246	20,090	20,122	0	0	0	169,166	146,992	139,350	149,839	178,561	159,834	173,928	203,134	231,612	179,698	179,540	186,373	222,827	198,399	185,484	190,843	185,793	183,875	179,597	181,827	182,838	193,207	181,260	186,583	174,238	171,288	177,024	178,953	176,356	182,695	176,316	168,563	157,968	156,935	153,870	156,637	158,369	18,479	18,856	19,007	19,260	19,521	19,791	20,020	17,401	17,234	17,487	17,537
Non Current Liabilities Other	0	0	0	91,963	118,121	123,600	39,638	27,888	24,280	60,948	33,406	34,169	64,255	61,227	36,446	74,945	48,052	68,234	31,645	34,521	41,054	50,175	20,651	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	2,500,020	1,774,194	70,319	70,269	36,577	3,207,329	3,198,770	2,646,865	25,247	2,606,888	26,679	26,697	30,467	40,969	45,657	43,721	67,377	68,412	68,444	11,500	11,500	11,500	57,500	55,500	35,500	15,000	35,000	0	0	0	100,000	100,000	0	0	70,000	13,000	49,000	0	1,000	22,905	2,435	1,815	32,195	5,350	2,880	2,820	0	0	0	3,700	15,011	6,459	6,642	7,810	13,178	24,842	25,551	22,135	27,097	33,350	36,614	28,170	29,071	21,643	17,389	26,779	27,571	27,622	27,822	27,846	37,871	42,133	41,108	22,427	22,377	40,245	46,927	17,280	41,926	42,313	41,221	15,345	31,121	37,375	36,411	37,405	43,152	43,166	43,180	47,179	36,939	37,176	38,195	23,000	30,000	30,000	41,000
Non Currrent Assets Other	72,504	3,444,798	-544,632	-554,802	-335,028	-13,012	-397,815	-505,947	41,615	-49,461	40,687	39,695	-268,828	-266,092	-272,522	1,968,055	-301,016	1,583,342	1,610,330	1,321,844	1,332,174	1,332,080	1,348,374	1,652,498	1,621,115	-187,775	1,273,245	1,249,614	1,217,765	1,223,880	1,219,911	1,184,230	1,146,931	1,138,702	1,108,909	1,068,751	1,045,382	1,034,010	1,050,561	1,040,836	998,766	982,455	961,099	949,218	-20,090	-20,122	0	0	0	-149,812	-146,992	-139,350	-149,839	-158,472	-159,834	-173,928	-203,134	-212,439	-179,698	-179,540	-186,373	-189,182	-198,399	-185,484	-190,843	-14,610	-183,875	-179,597	-181,827	-182,838	-193,207	-181,260	-186,583	-152,645	11,308	-157,497	10,824	10,909	10,806	10,639	-148,585	-138,275	-137,095	11,144	11,125	11,111	-141,325	-136,534	-132,089	-129,387	-124,331	-120,223	-118,649	-116,852	-109,593	-102,134	-97,596
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	0	3,288,065	3,234,640	3,634,308	2,632,581	3,090,409	2,117,625	2,038,947	2,627,296	2,846,605	2,818,950	2,846,199	2,718,016	2,639,247	2,657,911	2,200,320	2,569,036	2,461,336	2,045,133	2,046,703	2,027,601	1,968,195	1,453,337	242,140	1,980,420	189,820	192,419	191,286	205,405	212,016	188,709	190,617	190,222	186,133	181,315	167,652	165,260	182,253	181,999	167,070	159,798	163,030	164,868	921,322	888,689	176,331	192,118	188,138	1,079,194	729,630	704,676	684,286	1,010,140	639,552	637,582	626,979	1,070,366	601,018	578,920	588,262	1,016,955	565,478	550,558	534,693	531,071	482,322	475,507	452,709	450,736	458,997	447,646	443,226	832,476	795,413	802,014	800,936	798,531	789,448	783,484	753,474	739,921	720,470	726,346	730,104	724,179	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	86,048	250,041	77,620	113,565	173,601	121,871	144,846	43,985	107,359	297,010	2,349,424	2,314,515	2,316,329	2,180,045	2,093,191	2,110,982	1,642,096	1,612,599	1,666,924	1,336,357	1,391,305	1,373,632	1,345,676	460	461	1,350,517	0	0	0	11,756	0	0	0	10,308	0	0	0	12,418	0	0	0	0	0	0	0	0	0	0	0	697,294	-	-	-	634,439	-	-	-	588,196	-	-	-	549,815	-	-	-	-	-	0	-	0	-	-	-	459,251	435,738	430,158	428,496	427,295	408,570	405,332	401,558	399,651	390,666	375,777	380,183	371,811	495,495	484,496	470,348	468,148	466,205	465,082	458,911	451,635	429,099	415,620	401,091
Other Current Liab	990,489	1,767,361	1,064,841	1,083,843	2,363,490	1,546,625	3,138,201	819,868	798,257	2,528,440	790,196	782,917	12,967	23,469	25,145	2,263,145	1,847,209	1,843,311	1,838,080	1,574,998	1,573,677	1,557,167	1,486,470	0	1,067	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liab	0	0	24,387	19,810	0	22,893	15,106	10,026	11,150	19,826	15,005	12,490	15,037	23,259	10,884	15,825	10,577	20,670	17,736	12,769	13,843	18,686	13,353	12,317	11,736	17,466	8,619	7,827	8,441	11,348	7,850	7,065	6,594	10,555	7,220	7,149	8,083	10,691	25,870	24,115	9,088	7,173	3,692	4,675	5,641	9,251	6,976	5,656	6,448	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	258,754	280,428	280,757	281,170	281,903	173,072	173,146	49,478	56,194	60,855	62,187	65,074	67,545	67,620	68,597	68,430	38,759	38,144	37,970	4,050	3,972	6,252	8,490	8,591	10,221	14,798	-10,293	-9,722	-8,230	-7,609	-7,975	0	0	-5,889	0	-5,188	0	-5,779	0	0	0	-3,180	0	0	2,508	2,553	0	0	0	709	91,751	89,769	87,281	684	87,304	84,967	83,304	798	81,587	77,354	90,957	798	77,193	75,145	77,867	2,632	-	0	-	0	-	-	-	2,445	2,400	2,400	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-700	-48
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	83,136	0	0	0	67,831	0	0	0	0	0	0	43,606	43,183	41,186	39,645	36,615	35,286	32,306	28,097	26,915	24,489	23,724	0	0	18,578	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,573	9,326	9,365	9,077	9,063	9,197	9,172	9,232	8,989	10,138	10,097	10,346	10,299	10,047	10,036	9,990	9,243	8,719	8,788	8,821	8,938	9,043	9,002	9,132	9,236	8,217	7,963	8,644	8,778	8,861	8,856	8,719	8,608	8,688	8,674	8,578	8,653	8,855	9,164	9,246	9,431	9,532	9,642	9,719	9,491	9,528	9,669	9,624
Property Plant And Equipment Net	69,621	69,891	70,994	66,958	63,736	56,448	57,019	50,608	50,068	49,461	44,181	43,503	43,606	43,183	41,186	39,645	36,615	35,286	32,306	28,097	26,915	24,489	23,724	23,458	24,343	18,578	14,808	13,840	13,823	13,323	13,082	13,666	13,796	12,960	12,054	11,437	11,494	11,152	10,632	9,894	9,797	9,272	9,285	10,028	10,024	10,051	0	0	0	9,573	9,326	9,365	9,077	9,063	9,197	9,172	9,232	8,989	10,138	10,097	10,346	10,299	10,047	10,036	9,990	9,243	8,719	8,788	8,821	8,938	9,043	9,002	9,132	9,236	8,217	7,963	8,644	8,778	8,861	8,856	8,719	8,608	8,688	8,674	8,578	8,653	8,855	9,164	9,246	9,431	9,532	9,642	9,719	9,491	9,528	9,669	9,624
Property Plant Equipment	0	0	70,994	66,958	63,736	56,448	57,019	50,608	50,068	49,461	44,181	43,503	43,606	43,183	41,186	39,645	36,615	35,286	32,306	28,097	26,915	24,489	23,724	23,458	24,343	18,578	14,808	13,840	13,823	13,323	13,082	13,666	13,796	12,960	12,054	11,437	11,494	11,152	10,632	9,894	9,797	9,272	9,285	10,028	10,024	10,051	9,698	9,446	9,182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	359,872	348,001	316,212	304,525	293,510	295,496	284,907	276,630	266,614	258,104	248,619	241,222	231,289	221,393	211,486	202,082	195,329	189,494	183,551	178,314	173,644	168,363	162,075	157,204	151,874	145,879	143,851	140,999	137,773	134,773	132,211	132,056	128,188	123,526	122,315	118,618	117,567	113,339	0	110,166	0	103,631	102,439	101,446	96,491	93,473	98,517	0	0	88,831	-	-	-	83,063	-	-	-	78,383	-	-	-	75,319	-	-	-	71,669	-	0	-	0	-	-	-	61,860	57,504	60,074	58,602	56,866	55,410	53,767	52,326	50,560	49,239	47,544	45,941	44,387	46,988	45,430	43,929	42,355	41,494	40,089	39,099	37,991	37,088	35,962	35,998
Retained Earnings Total Equity	0	0	0	304,525	293,510	295,496	284,907	276,630	266,614	258,104	248,619	241,222	231,289	221,393	211,486	202,082	195,329	189,494	183,551	178,314	173,644	168,363	162,075	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,400	0	0	0	0	68,933	68,933	61,379	5,101	0	0	0	50,106	0	0	0	45,617	0	0	0	30,513	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	48,879	128,724	70,319	70,269	70,994	25,429	26,069	19,235	25,247	25,511	26,679	26,697	30,467	40,969	45,657	43,721	67,377	68,412	68,444	11,500	11,500	11,500	59,500	55,500	35,500	20,000	35,000	0	0	0	100,000	100,000	0	0	70,000	13,000	49,000	0	1,000	22,905	2,435	1,815	32,195	5,350	0	0	0	0	0	3,700	15,011	6,459	6,642	7,810	13,178	24,842	25,551	26,335	27,097	33,350	36,614	28,170	29,071	21,643	17,389	26,779	27,571	27,622	27,822	27,846	37,871	42,133	41,108	47,427	47,377	47,245	46,927	42,280	41,926	42,313	41,221	31,910	31,121	37,375	36,411	38,138	43,152	43,166	43,180	47,179	38,939	39,176	38,934	23,000	32,114	32,000	42,394
Short Term Debt	85	75,832	17,876	24,402	48,094	98,688	2,569	16,725	19,816	8,011	24,888	29,169	12,967	23,469	25,145	0	0	1,400	0	0	0	2,000	2,000	68,933	61,379	5,000	0	0	0	50,106	0	0	0	45,617	0	0	0	30,513	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	4,200	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	25,000	25,000	7,000	0	25,000	0	0	0	16,565	0	0	0	733	0	0	0	0	2,000	2,000	739	0	2,114	2,000	1,394
Short Term Investments	138,420	159,969	179,046	191,303	206,904	305,026	304,324	293,470	297,978	212,689	149,091	154,532	168,010	165,790	174,085	174,067	176,204	185,642	136,935	122,407	125,688	121,832	124,036	0	0	122,771	0	0	0	50,899	0	0	0	64,384	0	0	0	34,269	0	0	0	45,316	0	0	0	73,016	0	0	0	3,539	3,539	3,539	3,539	3,539	4,561	3,539	3,639	-	3,539	3,539	3,639	-	3,639	3,639	3,639	3,639	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4,099,924	4,237,185	4,087,519	4,092,071	4,167,228	3,660,432	3,640,754	2,961,027	2,924,936	2,937,552	2,846,605	2,818,950	2,846,199	2,718,016	2,639,247	2,657,911	2,200,320	2,210,168	2,163,501	1,806,467	1,805,408	1,793,165	1,735,754	1,741,874	1,703,623	1,753,404	1,333,016	1,308,375	1,286,591	1,315,997	1,347,296	1,302,438	1,215,281	1,237,675	1,201,357	1,126,511	1,168,487	1,105,008	1,095,123	1,089,387	1,057,748	1,060,887	1,038,738	988,733	971,619	1,020,426	937,621	938,594	923,281	910,028	880,161	847,565	837,664	831,579	803,947	815,049	833,752	838,754	784,255	761,999	778,274	794,128	767,516	739,681	729,175	720,503	694,978	679,822	673,426	688,064	665,511	644,873	645,428	658,238	624,125	624,990	621,983	622,175	606,753	607,168	584,911	581,953	563,535	572,476	573,467	565,810	547,419	542,893	530,397	527,304	518,927	512,767	505,942	495,410	482,949	462,881	452,943
Total Current Assets	86,048	250,041	254,822	302,629	240,564	424,377	349,060	337,455	405,337	241,860	2,532,111	2,499,672	2,513,083	2,387,285	2,301,615	2,319,353	1,846,515	1,851,300	1,865,666	1,567,801	1,564,113	1,558,729	1,503,313	45,304	37,752	1,526,388	34,240	34,198	44,613	68,401	104,045	104,542	54,554	75,704	80,394	35,993	111,611	49,435	33,930	38,657	49,185	58,613	68,354	29,487	30,206	111,615	0	0	0	740,862	3,539	3,539	3,539	653,018	4,561	3,539	3,639	607,142	3,539	3,539	3,639	571,301	3,639	3,639	3,639	3,639	28,781	24,718	38,890	54,490	13,307	15,967	15,619	484,000	452,837	447,966	443,030	445,819	424,058	430,852	416,348	423,985	406,600	418,606	416,830	407,441	528,940	524,037	511,390	508,044	499,406	492,976	485,922	478,009	465,715	445,394	435,406
Total Current Liabilities	990,574	1,843,193	1,082,717	1,108,245	2,411,584	1,645,313	2,569	836,593	818,073	8,011	815,084	812,086	12,967	23,469	25,145	2,338,090	1,895,261	1,911,545	1,869,725	1,609,519	1,614,731	1,607,342	2,000	1,508,857	1,495,659	5,000	0	0	0	1,177,126	0	0	0	1,108,192	0	0	0	985,255	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	4,200	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	25,000	26,917	8,560	0	25,000	0	0	0	16,565	0	0	0	733	0	0	0	0	2,000	2,000	739	0	2,114	2,000	1,394
Total Liab	3,490,594	3,617,387	70,319	70,269	36,577	3,207,329	3,201,339	2,646,865	2,606,633	2,614,899	2,531,343	2,507,520	2,542,757	2,423,159	2,353,143	2,381,811	1,962,638	1,979,957	1,938,169	1,621,019	1,626,231	1,618,842	1,566,621	55,500	35,500	1,591,676	35,000	1,175,728	1,156,339	1,188,474	100,000	100,000	1,093,786	1,118,747	70,000	13,000	49,000	995,946	1,000	22,905	2,435	1,815	32,195	5,350	2,880	2,820	839,205	840,955	828,345	817,207	788,410	757,796	750,383	746,568	716,643	730,082	750,448	757,461	702,668	684,645	687,317	716,660	690,323	664,536	651,308	644,941	620,584	608,659	602,354	618,460	597,200	579,616	579,566	593,728	561,306	559,237	555,572	556,302	541,784	545,662	522,040	521,730	504,749	514,003	517,529	511,526	493,460	491,682	482,189	480,815	471,886	468,126	462,040	453,949	443,879	425,778	417,190
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	609,330	619,798	577,329	570,872	562,372	453,103	439,415	314,162	318,303	322,653	315,262	311,430	303,442	294,857	286,104	276,100	237,682	230,211	225,332	185,448	179,177	174,323	169,133	165,200	161,795	161,728	134,933	132,647	130,252	127,523	126,485	123,918	121,495	118,928	116,991	114,151	112,539	109,062	107,361	106,343	103,876	101,568	99,355	98,578	99,066	96,093	98,416	97,639	94,936	92,821	91,751	89,769	87,281	85,011	87,304	84,967	83,304	81,293	81,587	77,354	90,957	77,468	77,193	75,145	77,867	75,562	74,394	71,163	71,072	69,604	68,311	65,257	65,862	64,510	62,819	65,753	66,411	65,873	64,969	61,506	62,871	60,223	58,786	58,473	55,938	54,284	53,959	51,211	48,208	46,489	47,041	44,641	43,902	41,461	39,070	37,103	35,753
Treasury Stock	0	0	0	0	0	-45,191	-45,219	-43,135	-35,972	-32,294	-30,602	-27,352	-24,560	-25,227	-23,963	-23,847	-23,913	-24,941	-24,941	-23,386	-23,333	-21,349	-18,965	-18,719	-16,994	-12,730	-13,017	-12,337	-10,778	-10,437	-10,711	-10,827	-9,264	-8,580	-8,023	-7,744	-7,575	-8,385	0	-6,410	0	-5,788	-5,713	-5,453	-2,768	-3,041	-2,266	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Begin Period Cash Flow	119,351	296,860	170,219	86,452	107,743	101,977	80,157	85,644	61,853	71,764	111,615	40,939	32,389	42,963	37,372	46,669	54,490	56,414	39,873	35,767	56,089	39,896	26,374	40,716	30,838	27,534
Capital Expenditures	13,484	6,872	8,718	8,371	7,268	7,927	2,825	1,322	3,075	2,942	851	1,887	1,662	1,838	768	1,895	956	0	829	893	701	305	398	1,408	2,083	726
Cash And Cash Equivalents Changes	0	-177,509	126,641	83,767	-21,291	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-3,324	-1,318	-15,699	-13,004	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	128,117	-177,509	126,641	83,767	-21,291	5,766	21,820	-5,487	23,791	-9,911	-39,851	70,676	8,550	-10,577	3,375	-9,297	-7,821	0	16,541	4,106	-20,322	16,193	13,522	-14,342	9,878	3,304
Change In Working Capital	13,914	-411	-4,359	6,981	332	1,757	5,379	655	-739	3,560	-272	671	1,110	-1,201	1,157	1,257	2,292	-636,645	-284	-947	77	927	-101,336	30,035	33,069	444,940
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	467	750	0	537	998	2,218	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	-2,407	-5,013	6,440	1,268	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	-912	-807	9,587	5,564	-6,033	-2,976	-2,071	-953	-507	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	470	-3,151	4,564	548	1,526	4,728	822	-540	3,357	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	8,397	3,974	3,185	3,172	2,342	1,872	1,258	918	912	966	999	1,008	1,012	949	1,146	1,140	842	0	1,510	1,749	2,027	1,670	1,510	1,248	726	708
Dividends Paid	11,959	7,822	8,733	6,147	5,463	4,530	4,046	3,666	3,208	2,912	1,405	5,778	2,779	2,770	3,007	2,588	2,350	0	1,827	1,596	1,456	1,265	1,041	971	885	791
End Period Cash Flow	247,468	119,351	296,860	170,219	86,452	107,743	101,977	80,157	85,644	61,853	71,764	111,615	40,939	32,386	40,747	37,372	46,669	54,490	56,414	39,873	35,767	56,089	39,896	26,374	40,716	30,838
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	44,599	33,136	31,565	35,592	15,380	15,125	17,124	13,093	9,540	13,494	12,769	13,675	11,858	7,296	10,014	11,250	10,451	0	8,346	7,099	9,284	11,040	7,464	6,967	3,391	5,466
Investments	147,917	-197,894	-92,360	-242,524	-94,255	-30,098	-42,824	-83,031	-24,174	-1,055	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	173	114	114	19	0	1,347	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	55,190	-10,635	-50,705	54,376	-24,579	17,462	4,489	15,104	-2,147	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	74,089	45,214	45,444	38,046	26,694	25,456	15,313	14,913	13,395	12,620	11,563	10,420	8,547	7,450	6,671	6,238	7,399	6,904	6,821	7,902	7,629	7,089	5,405	5,301	4,928	4,601
Other Cashflows From Financing Activities	-159,410	3,111,895	217,515	390,727	75,882	36,291	527,976	395,634	344,837	272,924	162,094	159,553	73,815	229	750	84,466	41,053	0	37,675	50,763	16,660	61,530	43,156	59,915	34,106	13,943
Other Cashflows From Investing Activities	0	26,960	7,192	44,867	-4,630	3,089	1,879	1,747	-105,027	2,962	3,773	3,085	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-38,735	-9,562	-5,379	-5,201	-8,261	-7,737	-3,090	-2,424	-1,512	-136	1,525	3,210	-1,025	1,936	1,808	4,510	874	-6,904	1,128	-712	252	1,659	102,283	-28,209	-256	1,079
Sale Purchase Of Stock	-10,046	-14,314	-8,272	-4,367	-4,205	-10,449	-3,631	-2,587	-1,442	-3,227	-3,337	-1,881	-234	-114	-12,600	-1,409	-244	0	0	0	0	0	0	0	0	0
Stock Based Compensation	2,142	1,662	1,393	1,081	685	556	465	419	341	232	170	118	4,817	0	0	0	0	0	0	0	0	0	0	0	-33,043	-444,896
Total Cash From Financing Activities	-193,824	-39,711	180,244	245,832	62,214	12,812	44,695	63,129	119,278	27,366	32,814	99,853	66,653	-10,337	38,377	64,916	17,392	0	30,777	32,537	8,976	29,477	23,571	22,944	33,221	13,152
Total Cash From Operating Activities	58,083	40,008	40,283	43,963	22,648	23,052	19,949	14,415	12,615	16,436	13,620	15,562	13,520	9,134	10,782	13,145	11,407	0	9,175	7,992	9,985	11,345	7,862	8,375	5,475	6,192
Total Cashflows From Investing Activities	0	-177,806	-93,886	-206,028	-106,153	-30,098	-41,425	-83,031	-108,102	-53,713	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2007-06-30	2006-12-31	2005-12-31	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31
Begin Period Cash Flow	247,468	75,776	111,326	169,691	119,351	143,441	43,985	107,359	296,860	299,953	251,071	261,174	170,219	80,752	177,231	54,153	86,452	118,401	125,874	109,178	107,743	35,316	45,304	37,753	101,977	34,240	35,951	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	56,414	39,873	31,990	39,873	27,133	37,711	26,476	35,767	30,167	52,544	59,216	56,089	33,090	39,541	41,042	39,896	33,201	27,894	27,011	26,374	23,232	17,604	21,298	40,716
Capital Expenditures	778	2,172	4,560	4,048	2,704	1,548	3,379	940	1,005	5,822	1,072	587	1,237	2,853	1,901	1,835	1,782	3,421	1,383	1,465	999	1,810	509	8	5,600	1,209	1,212	17	500	1,272	-584	-130	836	3,075	617	-57	342	2,942	738	97	525	822	-743	4	-27	1,884	252	264	0	0	0	0	0	69	36	222	324	311	62	218	287	134	84	48	127	46	53	137	150	58	87	8	347	966
Cash And Cash Equivalents Changes	0	0	0	-58,365	50,340	-24,090	99,456	-63,374	-189,501	-3,093	48,882	-10,103	90,955	89,467	-96,479	123,078	-32,299	-31,949	-7,473	16,696	1,435	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	-952	-5,028	-2,469	-244	-1,656	1,045	2,005	-2,579	-561	-183	-5,113	-3,979	-3,363	-3,244	-1,815	-5,695	-2,729	-2,765	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-164,094	171,692	-35,550	-58,365	50,340	-24,090	99,456	-63,374	-189,501	-3,093	48,882	-10,103	90,955	89,467	-96,479	123,078	-32,299	-31,949	-7,473	16,696	1,435	72,427	-9,988	7,551	-64,224	67,737	-1,711	0	0	-5,487	0	0	0	23,791	0	0	0	-9,911	0	0	0	0	0	0	0	0	0	0	0	0	0	16,541	7,883	-7,883	12,740	-10,578	11,235	-9,291	5,600	-22,377	-6,672	3,127	22,999	-6,451	-1,501	1,146	6,695	5,307	883	637	3,142	5,628	-3,694	-19,418
Change In Working Capital	-15,388	16,616	4,586	-2,756	-5,691	8,105	1,295	-2,379	-7,432	3,753	1,595	-3,465	-6,242	8,854	-7,207	12,973	-7,639	4,281	2,769	-1,467	-5,251	5,392	532	-129	-4,038	8,673	-2,047	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-811,490	-653,018	653,018	-447	-1,172	-416	361	280	-360	-239	337	339	0	0	0	0	0	6,430	5,793	393	-636,645	-459,000	33,080	425,920
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	467	0	0	0	750	0	0	0	0	0	0	0	537	0	0	0	998	0	0	0	2,218	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	-2,574	-2,097	9,369	-1,978	-1,122	-8,676	3,822	3,518	-4,130	-8,223	11,856	-4,912	6,221	-6,725	2,935	4,136	-1,017	-4,786	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	0	397	-313	433	505	-1,604	-246	-1,010	1,241	-3,416	1,152	5,268	2,222	2,220	-123	4,144	1,226	963	-769	1,180	-1,286	-1,286	-1,286	-3,627	0	0	0	-2,071	0	0	0	-953	0	0	0	-507	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	-1,747	-1,747	8,040	1,351	-1,999	-6,922	4,862	2,708	-3,465	-7,256	11,695	-5,480	5,943	-7,594	4,300	2,830	-1,430	-5,152	4,956	488	488	488	4,728	0	0	0	822	0	0	0	-540	0	0	0	3,357	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2,064	2,279	2,007	2,195	1,916	1,427	1,162	694	691	748	740	838	859	942	775	698	757	804	665	435	438	458	457	462	495	526	294	0	0	918	0	0	0	912	0	0	0	966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	400	347	480	473	449	358	525	807	337	830	180	358	302	271	407	387	445	247	347	328	326
Dividends Paid	3,541	3,109	3,117	3,117	2,616	2,255	2,256	1,638	1,673	1,679	3,821	1,615	1,618	1,623	1,550	1,543	1,431	1,416	1,422	1,319	1,306	1,331	1,061	1,071	1,067	1,087	981	0	0	3,666	0	0	0	3,208	0	0	0	2,912	0	0	0	1,405	0	0	0	5,778	0	0	0	0	0	0	0	451	451	382	382	381	416	346	347	347	380	295	295	295	312	243	243	243	295	225	226	225
End Period Cash Flow	83,374	247,468	75,776	111,326	169,691	119,351	143,441	43,985	107,359	296,860	299,953	251,071	261,174	170,219	80,752	177,231	54,153	86,452	118,401	125,874	109,178	107,743	35,316	45,304	37,753	101,977	34,240	34,240	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	56,414	39,873	31,990	39,873	27,133	37,711	26,476	35,767	30,167	52,544	59,216	56,089	33,090	39,541	41,042	39,896	33,201	27,894	27,011	26,374	23,232	17,604	21,298
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-854	20,152	12,920	7,001	1,410	18,465	6,543	6,646	1,482	9,798	11,953	4,918	4,896	18,789	1,432	19,267	-3,896	10,087	5,547	2,139	-2,393	11,076	5,082	4,470	-5,503	12,773	882	0	0	13,143	0	0	0	9,540	0	0	0	13,494	0	0	0	12,798	0	0	0	13,678	0	0	0	0	0	9,175	-2,160	2,091	545	1,854	2,205	2,495	1,408	2,497	2,933	2,446	2,399	5,047	1,086	2,508	2,148	2,429	4,879	-1,992	2,501	1,415	2,627	424
Investments	-42,929	82,503	-35,266	13,662	-27,360	93,921	-1,716	-103,818	-186,281	-90,458	22,062	14,669	-42,374	13,102	-74,587	-161,885	-19,154	-80,965	-27,727	18,371	-3,934	2,497	3,663	3,663	3,663	12,782	0	0	0	-14,691	0	0	0	-24,174	0	0	0	-1,055	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	55	51	63	44	37	29	13	61	37	49	21	21	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	0	-23,607	-20,594	74,599	11,838	-3,005	-28,242	22,570	-4,277	-29,702	774	7,833	-31,548	-15,911	-11,079	33,664	32,167	-5,450	-6,005	-23,809	-2,135	-2,135	-2,135	17,462	0	0	0	4,489	0	0	0	15,104	0	0	0	-2,147	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	15,328	34,701	14,804	14,132	10,680	12,844	10,533	11,654	10,183	11,164	11,218	11,548	11,514	11,530	10,954	8,296	7,266	7,459	6,659	5,989	6,587	6,061	5,932	6,400	7,063	3,278	3,831	4,211	3,993	3,555	3,751	3,759	3,849	3,110	3,432	3,390	3,463	3,100	3,232	3,086	3,202	2,868	2,477	3,200	3,018	1,963	2,271	2,909	3,277	2,612	1,668	1,454	2,280	2,187	1,907	2,025	1,823	2,147	1,737	2,041	1,950	1,901	1,571	1,853	1,796	1,869	1,173	1,648	1,233	1,351	1,199	1,351	1,434	1,317
Other Cashflows From Financing Activities	-92,546	111,094	-7,062	-80,418	-58,302	-2,666	45,228	1,568,366	1,500,967	80,949	20,478	-22,333	138,421	67,587	-23,442	279,752	66,849	38,620	-13,185	-4,105	10,552	94,936	-15,011	15,264	-58,898	139,521	-10,945	0	0	64,445	0	0	0	107,833	0	0	0	35,256	0	0	0	50,323	0	0	0	116,677	0	0	0	0	0	30,777	1,323	6,481	15,209	-4,328	23,787	16,095	40,240	-3,111	-2,426	28,957	22,215	5,311	16,573	39,875	16,368	3,556	10,979	20,509	9,939	16,818	8,142	-10,984
Other Cashflows From Investing Activities	0	0	0	6,577	235,632	-130,949	155,441	1,233	1,235	1,139	1,460	1,147	2,489	2,545	1,784	38,237	2,301	1,725	-9,131	1,771	1,005	672	1,415	1,415	1,415	2,208	0	0	0	2,421	0	0	0	3,238	0	0	0	2,962	0	0	0	3,773	0	0	0	3,085	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	2,048	-30,109	-2,102	-513	-3,247	-1,941	-3,516	-2,830	-1,275	-404	946	-1,358	2,579	145	-25	1,624	-1,558	842	-4,820	-676	-2,272	-850	-953	-2,170	-2,297	904	-92	-4,441	-3,993	-4,741	-3,751	-3,759	-3,849	-4,075	-3,432	-3,390	-3,463	-3,931	-3,232	-3,086	-3,202	-3,734	-2,477	-3,200	-3,018	-1,963	0	0	0	-2,612	-1,668	660,739	-657,458	20	-501	-13	-128	-70	-265	388	126	3	82	3,062	-941	383	757	511	3,409	-4,123	1,142	458,725	-31,868	-426,173
Sale Purchase Of Stock	-22,283	-941	-1,037	-1,341	-6,727	-1	-2,071	-7,224	-5,018	-1,741	-3,271	-2,858	-402	-1,283	-116	0	-2,968	4,205	-1,555	-161	-2,489	-2,384	-246	-2,171	-5,648	-43	-840	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	554	561	561	564	456	447	448	447	320	360	363	366	304	287	283	296	215	174	177	182	152	146	144	145	121	127	108	230	0	1,186	0	0	0	965	0	0	0	831	0	0	0	866	0	0	0	692	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-122,494	68,887	-17,764	-85,605	-159,342	-5,527	-60,812	32,565	-5,937	76,428	13,407	-35,535	125,944	55,031	-25,108	227,459	-11,550	37,204	23,838	-5,585	6,757	43,221	-12,318	32,022	-50,113	38,722	22,234	0	0	63,129	0	0	0	119,278	0	0	0	27,366	0	0	0	32,814	0	0	0	99,853	0	0	0	0	0	30,777	1,323	-1,323	14,741	-4,726	23,389	-867	17,288	-9,711	-3,737	5,136	18,297	1,129	8,943	1,108	9,273	3,236	6,685	4,377	9,644	16,593	7,916	-11,209
Total Cash From Operating Activities	-76	22,324	17,480	11,049	4,114	20,013	9,922	7,586	2,487	15,620	13,025	5,505	6,133	21,642	3,333	21,102	-2,114	13,508	6,930	3,604	-1,394	12,886	5,591	4,478	97	13,982	2,094	0	0	14,415	0	0	0	12,615	0	0	0	16,436	0	0	0	13,620	0	0	0	15,562	0	0	0	0	0	9,175	-2,160	2,160	581	2,076	2,529	2,806	1,470	2,715	3,220	2,580	2,483	5,095	1,213	2,554	2,201	2,566	5,029	-1,934	2,588	1,423	2,974	1,390
Total Cashflows From Investing Activities	0	0	0	16,191	205,568	-38,576	150,346	-103,525	-186,051	-95,141	22,450	19,927	-41,122	12,794	-74,704	-125,483	-18,635	-82,661	-38,241	18,677	-3,928	16,320	-3,261	-3,261	-3,261	-41,425	0	0	0	-83,031	0	0	0	-108,102	0	0	0	-53,713	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Cost Of Revenue	-395	0	0	0	0	0	8,787	6,252	6,071	6,813	6,354	8,713	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	8,397	3,974	3,185	3,172	2,342	1,872	1,258	918	912	966	999	1,008	1,012	949	1,146	1,140	842	19,255	1,510	1,749	2,027	1,670	1,510	1,248	726	708
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-17,798	72,082	59,967	49,877	34,289	46,898	31,871	28,551	25,212	23,662	21,381	20,302	18,756	19,297	21,886	23,543	31,351	8,734	21,459	19,104	19,393	20,904	24,310	25,197	19,526	19,986
Ebitda	-9,401	76,056	63,152	53,049	36,631	48,770	33,129	29,469	26,124	24,628	22,380	21,310	19,768	20,246	23,032	24,683	32,193	27,989	22,969	20,853	21,420	22,574	25,820	26,445	20,252	20,694
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	-642	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	186,473	118,319	108,477	103,154	77,645	69,670	51,552	44,066	40,759	40,219	37,961	38,018	35,206	37,368	38,970	36,536	31,588	29,203	27,059	25,740	25,393	25,418	8,344	3,776	3,208	2,820
Income Before Tax	98,794	59,633	59,967	49,877	34,289	32,053	24,139	22,619	20,149	18,879	16,502	14,489	11,404	9,775	8,751	5,992	9,702	8,734	8,549	10,308	9,710	8,926	6,328	6,202	5,924	5,834
Income Tax Expense	24,280	14,419	14,523	11,831	7,595	6,597	8,826	7,706	6,754	6,259	4,939	4,069	2,857	2,325	2,080	-246	1,878	1,830	1,728	2,406	2,081	1,837	923	901	996	1,233
Interest Expense	4,823	12,449	8,304	13,865	19,498	14,845	7,732	5,932	5,063	4,783	4,879	5,813	7,352	9,522	13,135	17,551	21,649	19,255	12,910	8,796	9,683	11,978	17,982	18,995	13,603	14,152
Interest Income	169,574	116,534	98,386	100,700	89,165	77,944	53,472	44,726	41,062	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	74,514	45,214	45,444	38,046	26,694	25,456	15,313	14,913	13,395	12,620	11,563	10,420	8,547	7,450	6,671	6,238	7,824	6,904	6,821	7,902	7,629	7,089	5,405	5,301	4,928	4,601
Net Income Applicable To Common Shares	0	45,214	45,444	38,046	26,494	25,456	15,313	14,913	13,395	12,620	11,563	10,420	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	52,460	45,214	45,444	38,046	26,694	25,456	15,313	14,913	13,395	12,620	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	131,186	104,085	90,082	86,835	69,667	63,099	45,740	38,794	35,999	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	108,195	72,082	59,967	49,877	34,289	46,898	31,871	28,551	25,212	23,662	21,381	20,302	18,756	19,297	21,886	23,543	31,351	8,734	21,459	19,104	19,393	20,904	24,310	25,197	19,526	19,986
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	130,431	271	48,510	53,277	43,356	22,772	19,681	15,515	15,547	16,557	16,580	17,716	16,450	18,071	17,084	12,993	237	20,469	5,600	6,636	6,000	4,514	15,966	21,421	16,318	17,166
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	7,545	3,974	3,185	3,172	2,342	1,872	1,258	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	326	271	227	226	268	220	183	201	177	185	149	160	11,962	202	303	329	0	0	363	314	355	425	0	0	0	0
Selling General Administrative	40,355	40,250	34,572	33,660	28,003	25,739	19,986	16,149	14,323	13,435	13,645	13,563	3,955	15,159	20,081	17,599	0	0	10,018	8,956	8,478	8,242	7,413	5,971	4,958	4,055
Tax Provision	17,086	14,419	14,523	11,831	7,595	6,597	8,826	7,706	6,754	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	31,116	271	-48,510	-53,277	-43,356	-22,772	-19,681	-15,515	-15,547	-16,557	-16,580	-17,716	-16,450	-18,071	-17,084	-12,993	-237	-20,469	-5,600	-6,636	-6,000	-4,514	15,966	21,421	16,318	17,166
Total Other Income Expense Net	98,794	-12,449	59,967	49,877	34,289	-14,845	-7,732	-5,932	-5,063	-4,783	-4,879	-5,813	-7,352	-9,522	-13,135	-17,551	-21,649	0	-12,910	-8,796	-9,683	-11,978	-17,982	-18,995	-13,603	-14,152
Total Revenue	186,078	118,319	108,477	103,154	77,645	69,670	51,552	44,066	40,759	40,219	37,961	38,018	35,206	37,368	38,970	36,536	31,588	29,203	27,059	25,740	25,393	25,418	8,344	3,776	3,208	2,820

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31
Cost Of Revenue	1,220	0	0	0	-4,855	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,990	4,773	4,505	3,512	2,718	2,252	1,988	1,829	1,467	1,584	1,516	1,685	1,592	1,499	1,439	1,541	2,089	1,599	1,761	1,364	1,463	1,672	1,611	1,608	2,553	1,828	2,301	2,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	2,064	1,604	1,626	1,672	1,916	1,427	1,162	694	691	748	740	838	859	942	775	698	757	804	665	435	438	458	457	462	495	526	-5,787	-6,521	-6,005	-5,504	-5,674	-5,667	-5,823	-4,662	-5,163	-5,125	-5,207	-4,891	-5,086	-4,450	-4,607	-4,960	-3,444	-4,690	-4,361	-1,924	0	0	0	-	-	-	-	-	-	-	-	-	3,124	-	-	-	4,246	-	-	-	-	5,344	-	5,356	-	-	-	3,925	-	2,972	400	347	480	473	449	358	525	807	337	830	180	358	302	271	407	387	445	247	347	328	326
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-3,693	-5,063	19,665	30,537	20,989	21,896	17,705	17,652	15,523	16,528	16,810	17,406	17,527	18,216	17,491	14,558	13,477	14,699	13,547	12,439	13,102	11,663	11,510	11,435	12,290	8,479	13,434	6,293	6,016	5,484	5,645	0	0	4,647	5,173	5,122	0	4,736	0	0	0	4,007	0	4,660	4,391	2,482	0	0	0	2,221	3,049	2,712	3,422	2,044	3,206	1,649	2,876	1,701	2,862	2,519	1,669	-391	1,401	1,671	3,311	1,401	2,479	3,570	2,254	2,077	3,807	1,387	2,850	1,713	936	3,011	5,507	4,814	5,038	4,373	4,880	4,319	4,930	5,015	5,129	4,756	5,341	5,287	5,520	5,023	6,388	6,205	6,694	6,344	6,614	6,388	5,851
Ebitda	-1,629	-3,459	21,291	32,209	22,905	23,323	18,867	18,346	16,214	17,276	17,550	18,244	18,386	19,158	18,266	15,256	14,234	15,503	14,212	12,874	13,540	12,121	11,967	11,897	12,785	9,005	7,647	-228	11	-19	-29	0	0	-15	11	-3	0	-155	0	0	0	-953	0	-30	30	558	0	0	0	3,910	4,872	4,618	5,356	4,060	5,433	4,136	5,668	4,774	5,986	5,838	5,288	3,798	5,647	5,970	8,128	6,811	8,098	8,914	7,529	7,433	13,352	5,877	7,204	5,638	4,331	5,983	5,907	5,161	5,518	4,846	5,329	4,677	5,455	5,822	5,466	5,586	5,521	5,645	5,822	5,294	6,795	6,592	7,139	6,591	6,961	6,716	6,177
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	51,483	42,869	37,684	36,617	36,047	33,341	596	27,649	25,993	27,592	26,455	27,075	27,355	30,463	26,382	26,533	19,776	21,058	22,381	16,971	17,235	17,257	16,994	17,639	17,787	16,452	12,179	12,932	12,369	11,947	11,946	11,765	11,835	10,582	10,586	10,463	10,823	10,356	10,319	9,868	10,246	9,461	9,838	10,031	9,970	8,879	0	0	0	8,076	8,709	9,062	9,359	9,336	10,387	8,626	9,019	10,217	9,541	10,072	9,140	9,220	9,158	8,585	9,573	7,816	7,282	9,354	7,136	7,441	14,237	7,026	7,525	6,896	6,536	6,889	6,738	6,503	6,712	5,908	6,617	6,049	6,639	6,351	6,354	20,642	1,590	1,719	1,467	3,322	1,738	2,044	1,276	1,543	847	741	754
Income Before Tax	17,222	46,012	19,665	18,880	14,237	16,764	13,964	15,312	13,593	14,716	14,846	15,217	15,188	15,593	14,488	10,972	8,824	9,684	8,371	7,655	8,579	7,423	7,536	7,832	9,263	6,181	5,649	6,293	6,016	5,484	5,645	5,667	5,823	4,647	5,173	5,122	5,207	4,736	5,086	4,450	4,607	4,007	3,444	4,660	4,391	2,482	3,155	4,065	4,787	2,221	3,049	2,712	3,422	2,044	3,206	1,649	2,876	1,701	2,862	2,519	1,669	-391	1,401	1,671	3,311	1,401	2,479	3,568	2,254	2,077	3,807	1,387	2,850	1,713	936	3,011	2,889	2,453	2,794	2,273	2,788	2,130	2,636	2,482	2,462	1,888	2,360	2,289	2,389	1,324	2,025	1,403	1,576	1,209	1,614	1,760	1,619
Income Tax Expense	1,810	11,114	4,861	4,748	3,557	3,920	3,431	3,658	3,410	3,552	3,628	3,669	3,674	4,063	3,534	2,676	1,558	2,225	1,712	1,666	1,992	1,362	1,604	1,431	2,200	2,903	1,818	2,082	2,023	1,930	1,895	1,908	1,974	1,537	1,741	1,732	1,744	1,636	1,854	1,364	1,405	1,139	967	1,460	1,373	519	884	1,156	1,510	349	750	804	954	419	885	300	721	336	788	677	279	-702	-106	-152	714	-47	578	956	391	409	720	223	701	259	36	731	702	546	769	450	641	393	595	532	561	317	507	493	520	151	377	170	225	10	263	326	302
Interest Expense	15,923	15,747	12,931	11,657	8,668	5,132	3,047	2,340	1,930	1,812	1,964	2,189	2,339	2,623	3,003	3,586	4,653	5,015	5,176	4,784	4,523	4,240	3,974	3,603	3,027	2,298	1,998	0	0	5,932	0	0	0	5,063	0	0	0	4,783	0	0	0	4,879	0	0	0	5,813	0	0	0	1,689	1,823	1,906	1,934	2,016	2,227	2,487	2,792	3,073	3,124	3,319	3,619	4,189	4,246	4,299	4,817	5,410	5,619	5,346	5,275	5,356	9,545	4,490	4,354	3,925	3,395	2,972	2,618	2,361	2,244	2,100	2,092	2,189	2,294	2,533	2,667	2,868	2,981	2,998	3,131	3,699	4,363	4,802	5,118	5,135	5,000	4,628	4,232
Interest Income	49,272	48,663	46,989	45,929	40,902	35,754	30,740	25,820	24,220	25,043	24,898	24,003	24,442	27,094	25,928	24,382	23,296	23,795	25,489	20,158	19,723	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	15,412	34,898	14,804	14,132	10,680	12,844	10,457	11,561	10,104	11,164	11,130	11,456	11,426	11,530	10,872	8,231	7,210	7,459	6,611	5,937	6,535	6,061	5,932	6,401	7,063	3,278	3,831	4,211	3,993	3,555	3,751	3,759	3,849	3,110	3,432	3,390	3,463	3,100	3,232	3,086	3,202	2,868	2,477	3,200	3,018	1,963	2,271	2,909	3,277	1,872	2,299	1,908	2,468	1,625	2,321	1,349	2,155	1,365	2,074	1,842	1,390	311	1,507	1,823	2,598	1,448	1,901	2,612	1,863	1,668	3,087	1,164	2,149	1,454	900	2,280	2,187	1,907	2,025	1,823	2,147	1,737	2,041	1,950	1,901	1,571	1,853	1,796	1,869	1,173	1,648	1,233	1,351	1,199	1,351	1,434	1,317
Net Income Applicable To Common Shares	0	0	14,804	14,132	10,680	12,844	10,533	11,654	10,183	11,164	11,218	11,548	11,514	11,530	10,954	8,231	7,210	7,459	6,659	5,989	6,587	6,061	5,932	6,400	7,063	3,278	3,831	4,211	3,993	3,555	3,750	3,759	3,849	3,110	3,432	3,390	3,463	3,100	3,232	3,087	3,201	2,868	2,477	3,200	3,018	1,963	2,271	2,909	3,277	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	15,412	34,898	14,804	14,132	10,680	12,844	10,533	11,654	10,183	11,164	11,218	11,548	11,514	11,530	10,954	8,296	7,266	7,459	6,659	5,989	6,587	6,061	5,932	6,400	7,063	15,313	0	0	0	14,913	0	0	0	13,395	0	0	0	12,620	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	33,349	32,916	34,058	34,272	32,234	30,622	27,693	23,480	22,290	23,231	22,934	21,814	22,103	24,471	22,925	20,796	18,643	18,780	20,313	15,374	15,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	18,851	49,471	19,665	30,537	20,989	21,896	17,705	17,652	15,523	16,528	16,810	17,406	17,527	18,216	17,491	14,558	13,477	14,699	13,547	12,439	13,102	11,663	11,510	11,435	12,290	8,479	7,647	6,521	6,005	5,504	5,674	5,667	5,823	4,662	5,163	5,125	5,207	4,891	5,086	4,450	4,607	4,960	3,444	4,690	4,361	1,924	0	0	0	3,910	4,872	4,618	5,356	4,060	5,433	4,136	5,668	4,774	2,862	5,838	5,288	3,798	1,401	5,970	8,128	6,811	8,098	3,570	7,529	2,077	13,352	5,877	7,204	1,713	4,331	3,011	5,507	4,814	5,038	4,373	4,880	4,319	4,930	5,015	5,129	4,756	5,341	5,287	5,520	5,023	6,388	6,205	6,694	6,344	6,614	6,388	5,851
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	36,284	35,692	18,019	6,080	81	210	61	55	89	227	50	53	49	226	41	69	55	20,646	53	53	74	19,294	36	6,204	5,497	7,973	4,532	6,639	6,353	6,463	6,300	6,098	6,012	5,935	5,413	5,341	5,616	5,620	5,233	5,418	5,639	5,454	6,394	5,371	5,579	6,397	0	0	0	4,166	3,837	4,444	4,003	5,276	4,954	4,490	3,351	5,443	6,679	4,234	3,852	5,422	7,757	2,615	1,445	1,005	816	5,784	393	5,364	885	1,149	321	5,183	2,205	3,878	1,231	1,689	1,674	1,535	1,737	1,730	1,709	1,336	1,225	15,886	3,751	3,568	4,053	1,701	4,650	4,161	5,418	4,801	5,767	5,647	5,097
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	2,064	2,279	1,626	1,672	1,916	1,427	1,162	694	691	748	740	838	859	942	775	698	757	804	665	435	438	458	457	462	495	526	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	400	347	480	473	449	358	525	807	337	830	180	358	302	271	407	387	445	247	347	328	326
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	95	99	60	85	81	66	61	55	89	75	50	53	49	61	41	69	55	88	53	53	74	78	36	54	52	59	54	54	16	64	19	0	0	177	106	74	0	185	0	0	0	149	0	49	49	160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	363	-	132	132	61	58	84	111	115	84	96	60	425	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	2,627	2,136	12,613	12,188	12,156	10,362	12,604	8,581	8,703	8,822	8,459	8,610	8,681	9,327	8,291	8,219	7,823	7,537	7,565	6,555	6,346	6,587	6,199	6,530	6,423	6,708	4,450	825	690	719	681	3,745	4,155	2,130	1,036	533	3,928	2,133	3,689	3,337	3,936	1,894	3,625	482	482	1,865	3,621	3,390	3,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	3,053	2,585	2,221	2,159	2,433	2,215	2,091	2,217	2,113	2,173	1,994	2,198	2,428	2,057	1,787	1,970	1,980	1,873	1,589	1,866	1,610	1,508	1,330	1,523
Tax Provision	1,810	11,114	4,861	4,748	3,557	3,920	3,431	3,658	3,410	3,552	3,628	3,669	3,674	4,063	3,534	2,676	1,558	2,225	1,712	1,666	1,992	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	7,684	7,781	-18,019	-6,080	81	210	61	55	89	227	50	53	49	226	41	69	55	-20,646	53	53	74	-19,294	36	-6,204	-5,497	-7,973	-4,532	6,639	6,353	6,463	6,300	6,098	6,012	5,935	5,413	5,341	5,616	5,620	5,233	5,418	5,639	5,454	6,394	5,371	5,579	6,397	0	0	0	-4,166	-3,837	-4,444	-4,003	-5,276	-4,954	-4,490	-3,351	-5,443	-6,679	-4,234	-3,852	-5,422	-7,757	-2,615	-1,445	-1,005	816	-5,784	393	-5,364	-885	-1,149	-321	-5,183	-2,205	-3,878	-1,231	-1,689	-1,674	-1,535	-1,737	-1,730	-1,709	-1,336	-1,225	-15,886	3,751	3,568	4,053	1,701	4,650	4,161	5,418	4,801	5,767	5,647	5,097
Total Other Income Expense Net	17,222	46,012	19,665	-11,657	-6,752	-5,132	-3,741	-2,340	-1,930	-1,812	-1,964	-2,189	-2,339	-2,623	-3,003	-3,586	-4,653	-5,015	-5,176	-4,784	-4,523	-4,240	-3,974	-3,603	-3,027	-2,298	-1,998	-228	11	-19	-29	0	0	-15	11	-3	0	-155	0	0	0	-953	0	-30	30	558	0	0	0	-1,689	-1,823	-1,906	-1,934	-2,016	-2,227	-2,487	-2,792	-3,073	-	-3,319	-3,619	-4,189	-	-4,299	-4,817	-5,410	-5,619	-2	-5,275	0	-9,545	-4,490	-4,354	0	-3,395	0	-2,618	-2,361	-2,244	-2,100	-2,092	-2,189	-2,294	-2,533	-2,667	-2,868	-2,981	-2,998	-3,131	-3,699	-4,363	-4,802	-5,118	-5,135	-5,000	-4,628	-4,232
Total Revenue	52,703	42,869	37,684	36,617	36,047	33,341	596	27,649	25,993	27,592	26,455	27,075	27,355	30,463	26,382	26,533	19,776	21,058	22,381	16,971	17,235	17,257	16,994	17,639	17,787	16,452	12,179	12,932	12,369	11,947	11,946	11,765	11,835	10,582	10,586	10,463	10,823	10,356	10,319	9,868	10,246	9,461	9,838	10,031	9,970	8,879	0	0	0	8,076	8,709	9,062	9,359	9,336	10,387	8,626	9,019	10,217	9,541	10,072	9,140	9,220	9,158	8,585	9,573	7,816	7,282	9,354	7,136	7,441	14,237	7,026	7,525	6,896	6,536	6,889	6,738	6,503	6,712	5,908	6,617	6,049	6,639	6,351	6,354	20,642	1,590	1,719	1,467	3,322	1,738	2,044	1,276	1,543	847	741	754

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	186,078
Cost of Revenue	--395
Gross Profit	186,473	186,473

Operating Income (+$)
Gross Profit	186,473
Operating Expense	-31,116
Operating Income	108,195	155,357

Operating Expense (+$)
Research Development	0
Selling General Administrative	40,355
Selling And Marketing Expenses	326
Operating Expense	31,116	40,681

Net Interest Income (+$)
Interest Income	169,574
Interest Expense	-4,823
Other Finance Cost	-33,565
Net Interest Income	131,186

Pretax Income (+$)
Operating Income	108,195
Net Interest Income	131,186
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	98,794	9,401 EBIT - interestExpense = -22,621 98,794 79,337
Interest Expense	4,823
Earnings Before Interest and Taxes (EBIT)	-17,798	103,617
Earnings Before Interest and Taxes (EBITDA)	-9,401

After tax Income (+$)
Income Before Tax	98,794
Tax Provision	-17,086
Net Income From Continuing Ops	52,460	81,708
Net Income	74,514
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	130,431
Total Other Income/Expenses Net	98,794	-131,186

Technical Analysis of Bank First National Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bank First National Corp. The general trend of Bank First National Corp is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bank First National Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-42.9%)		Bearish trend (42.9%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Bank First National Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 84.65 < 85.25 < 86.13.

The bearish price targets are: 82.12 > 78.95 > 77.69.

Tweet this

Bank First National Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bank First National Corp. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
MA 50 trending up: The MA 50 is trending up. +1
Close < MA 50: The price is below the MA 50. -1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
MA 100 trending down: The MA 100 is trending down. -1
Close < MA 100: The price is below the MA 100. -1
MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
MA 200 trending up: The MA 200 is trending up. +1
Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bank First National Corp Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bank First National Corp. The current macd is 0.21354007.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bank First National Corp price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bank First National Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bank First National Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Bank First National Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Bank First National Corp. The current adx is 13.71.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Bank First National Corp shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

Bank First National Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bank First National Corp. The current sar is 77.51.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Bank First National Corp Daily Parabolic SAR Chart

3rd party ad SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bank First National Corp. The current rsi is 49.94. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending down: The RSI is trending down. -1

Bank First National Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bank First National Corp. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank First National Corp price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Bank First National Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bank First National Corp. The current cci is 68.41.

Bank First National Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bank First National Corp. The current cmo is -0.77909544.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Bank First National Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Bank First National Corp. The current willr is -42.5.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Bank First National Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Bank First National Corp Daily Williams %R Chart

3rd party ad SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Bank First National Corp.

Bank First National Corp Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bank First National Corp. The current atr is 1.94024968.

Bank First National Corp Daily Average True Range (ATR) Chart

3rd party ad SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bank First National Corp. The current obv is -196,703.

Bank First National Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bank First National Corp. The current mfi is 55.31.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

MFI > 50: +1

Bank First National Corp Daily Money Flow Index (MFI) Chart

3rd party ad SUPPORTERis ad-free.

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Bank First National Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2024-02-12	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-20	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-27	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-06	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-14	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-26	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-04-01	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-19	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-26	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-30	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-05-01	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-05-02	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-05-06	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-05-07	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-05-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-05-10	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-05-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-05-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-05-21	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-05-22	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-05-23	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-05-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-05-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-05-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-05-31	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-06-03	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-06-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-06-06	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-06-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-06-10	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-06-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-06-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-06-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-06-14	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-06-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-06-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-06-21	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-06-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-06-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-06-26	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-06-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-06-28	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-07-02	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-07-03	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).

6.3. Candlestick Patterns

Bank First National Corp Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Bank First National Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	49.939
Ma 20	Greater than	Ma 50	80.560
Ma 50	Greater than	Ma 100	80.929
Ma 100	Greater than	Ma 200	81.924
Open	Greater than	Close	82.750
Total			1/5 (20.0%)

Create your own Symbol Scanner

Get notifications about Bank First National Corp

I send you an email if I find something interesting about Bank First National Corp.

Bank First National Corp Buy, Hold or Sell?

Let's analyze Bank First National Corp together

Get notifications about Bank First National Corp

Quick analysis of Bank First National Corp (30 sec.)

What can you expect buying and holding a share of Bank First National Corp? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Bank First National Corp (5 min.)

$80.91

$59.87

$-1.79 - $-3.60

$58.08 - $56.27

2. Growth of Bank First National Corp (5 min.)

Is Bank First National Corp growing?

How much money is Bank First National Corp making?

How much money comes from the company's main activities?

3. Financial Health of Bank First National Corp (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Bank First National Corp? (5 min.)

What can you expect buying and holding a share of Bank First National Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Bank First National Corp

About Bank First National Corp

Financial Health

Valuation

1.1. Profitability of Bank First National Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Bank First National Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Bank First National Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Bank First National Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Bank First National Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

Bank First National Corp
Buy, Hold or Sell?