Bank First (NASDAQ:BFC) Posts Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Bank First (NASDAQ:BFC) issued its 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 Stock Performance

BFC traded up $2.07 during trading on Tuesday, reaching $101.97. 17,730 shares of the company’s stock were exchanged, compared to its average volume of 20,596. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. Bank First has a 1 year low of $74.90 and a 1 year high of $110.49. The company’s fifty day simple moving average is $101.62 and its 200-day simple moving average is $99.94. The stock has a market capitalization of $1.02 billion, a P/E ratio of 15.69 and a beta of 0.31.

Bank First Announces Dividend

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

Insider Transactions at Bank First

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

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.