BCML vs BFC

BayCom Corp vs Bank First Corporation — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BFC scores higher on quality with 8.8/10 vs BCML's 8.0/10. BCML trades at $31.20 while BFC trades at $139.87. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BCML

Banks - Regional
BayCom Corp
Quality
8.0
out of 10
Value Trap
20
SAFE
Price
$31.20
Last close
Models
11/13
Active
VS

BFC

Banks - Regional
Bank First Corporation
Quality
8.8
out of 10
Value Trap
Price
$139.87
Last close
Models
12/13
Active
BCML
Earnings Power Value sees +61.2% upside
Limited to 2/13 visible models
BFC
Quality Score 8.8/10 — top tier
Limited to 2/13 visible models

BCML vs BFC — Fair Value Comparison

BCML
$0$20$40$59 Price$31.20 Bayesian …$29.66 (-4.9%) Earnings …$50.30 (+61.2%)
BFC
$0$55$110$165 Price$139.87 Bayesian …$58.28 (-58.3%) Earnings …$83.35 (-40.4%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BCML Fair ValueBCML Upside BFC Fair ValueBFC Upside
Bayesian DCF Intrinsic $29.66 -4.9% $58.28 -58.3%
Earnings Power Value Intrinsic $50.30 +61.2% $83.35 -40.4%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BCML vs BFC — Which Stock Is More Undervalued in 2026?

BFC scores higher with a 8.8/10 quality rating vs BCML's 8.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BCML and BFC Valuations Compare?

At $31.20, BCML trades +4.9% above its Bayesian DCF fair value of $29.66, while BFC at $139.87 trades +58.3% above its estimate of $58.28. BFC shows a wider gap between price and intrinsic value.

Quality of Company: BCML vs BFC

BCML earns a Quality of Company score of 8.0/10 compared to BFC's 8.8/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BCML vs BFC

Review the value trap analysis for both BCML and BFC to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Banks - Regional

Both BCML and BFC operate in Banks - Regional, which has 329 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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