Bank First (NASDAQ:BFC) Issues Quarterly Earnings Results

Bank First (NASDAQ:BFC) issued its quarterly earnings results on Tuesday. The company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.20, Zacks reports. Bank First had a return on equity of 10.53% and a net margin of 29.00%.

Bank First Trading Up 2.1 %

BFC stock traded up $2.07 during trading on Tuesday, hitting $101.97. The company had a trading volume of 17,730 shares, compared to its average volume of 20,596. Bank First has a 52-week low of $74.90 and a 52-week high of $110.49. The company has a 50 day simple moving average of $101.62 and a 200-day simple moving average of $99.94. The firm has a market capitalization of $1.02 billion, a P/E ratio of 15.69 and a beta of 0.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02.

Bank First Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, March 26th. Bank First’s payout ratio is presently 27.69%.

Insider Buying and Selling at Bank First

In other news, Director Daniel C. Mcconeghy purchased 380 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $105.72 per share, with a total value of $40,173.60. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $211,440. This represents a 23.46 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael S. Stayer-Suprick acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average cost of $102.07 per share, with a total value of $102,070.00. Following the completion of the purchase, the director now owns 3,035 shares of the company’s stock, valued at $309,782.45. This trade represents a 49.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.10% of the stock is owned by corporate insiders.

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.