Bank First (NASDAQ:BFC – Free Report) had its price target hoisted by Piper Sandler from $99.00 to $104.00 in a research report released on Thursday, Benzinga reports. They currently have a neutral rating on the stock.
Bank First Stock Up 2.3 %
NASDAQ BFC opened at $96.28 on Thursday. The business has a fifty day moving average price of $89.37 and a 200 day moving average price of $85.06. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $970.60 million, a P/E ratio of 12.50 and a beta of 0.30. Bank First has a one year low of $70.00 and a one year high of $96.28.
Bank First (NASDAQ:BFC – Get Free Report) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.11. Bank First had a net margin of 32.18% and a return on equity of 10.07%. The firm had revenue of $58.93 million for the quarter, compared to the consensus estimate of $39.60 million. Research analysts anticipate that Bank First will post 6.07 EPS for the current fiscal year.
Bank First Increases Dividend
Institutional Investors Weigh In On Bank First
A number of institutional investors and hedge funds have recently made changes to their positions in BFC. Arizona State Retirement System lifted its stake in Bank First by 5.5% during the 2nd quarter. Arizona State Retirement System now owns 2,554 shares of the company’s stock worth $211,000 after acquiring an additional 133 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Bank First by 6.3% in the second quarter. Harbour Investments Inc. now owns 4,250 shares of the company’s stock valued at $351,000 after purchasing an additional 250 shares during the period. Linden Thomas Advisory Services LLC increased its stake in Bank First by 1.7% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 17,954 shares of the company’s stock worth $1,483,000 after buying an additional 296 shares during the period. Quest Partners LLC boosted its position in Bank First by 65,700.0% in the 2nd quarter. Quest Partners LLC now owns 658 shares of the company’s stock valued at $54,000 after buying an additional 657 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Bank First by 5.5% in the second quarter. Rhumbline Advisers now owns 14,246 shares of the company’s stock valued at $1,177,000 after acquiring an additional 746 shares in the last quarter. 29.95% of the stock is owned by hedge funds and other institutional investors.
About Bank First
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.
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