Bank First Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:BFC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Mar 25	BuyUS$40,174	Daniel McConeghy	Individual	380	US$105.72
19 Feb 25	BuyUS$102,070	Michael Stayer-Suprick	Individual	1,000	US$102.07
03 Dec 24	SellUS$255,072	Stephen Johnson	Individual	2,400	US$106.28

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BFC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,003,516	10.1%
Institutions	3,278,024	33.1%
General Public	5,636,184	56.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 36.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.09%	BlackRock, Inc.	703,006	US$78.5m	-3.62%	no data
5.87%	The Vanguard Group, Inc.	581,909	US$64.9m	12.3%	no data
5.81%	Richard Molepske	576,547	US$64.3m	0%	no data
2.45%	State Street Global Advisors, Inc.	243,261	US$27.2m	-0.82%	no data
2.28%	Geode Capital Management, LLC	226,114	US$25.2m	3.45%	no data
1.65%	Merit Financial Group, LLC	163,260	US$18.2m	-9.21%	0.26%
1.06%	Michael Molepske	105,053	US$11.7m	0%	no data
1.05%	BMO Asset Management Corp.	103,690	US$11.6m	0%	no data
0.93%	Northern Trust Global Investments	91,829	US$10.2m	-3.98%	no data
0.83%	American Century Investment Management Inc	82,425	US$9.2m	30.2%	no data
0.75%	Charles Schwab Investment Management, Inc.	74,706	US$8.3m	-1.13%	no data
0.73%	Nicolet Advisory Services, LLC	72,827	US$8.1m	0.18%	0.74%
0.66%	Timothy McFarlane	65,853	US$7.3m	0%	no data
0.62%	Michael Ansay	61,331	US$6.8m	0%	no data
0.6%	Synovus Trust Company, National Association	59,445	US$6.6m	0%	0.11%
0.55%	Creative Planning, LLC	54,995	US$6.1m	4.26%	0.01%
0.45%	Stifel Asset Management Corp.	45,020	US$5.0m	0%	0.01%
0.43%	Dimensional Fund Advisors LP	42,294	US$4.7m	39.8%	no data
0.4%	BNY Asset Management	39,862	US$4.4m	-0.29%	no data
0.39%	Robert Gregorski	38,603	US$4.3m	0%	no data
0.33%	UBS Asset Management AG	32,515	US$3.6m	13.1%	no data
0.31%	Jason Krepline	31,017	US$3.5m	-0.03%	no data
0.31%	F/M Investments LLC	31,000	US$3.5m	0%	0.14%
0.3%	Stephen Johnson	30,195	US$3.4m	0%	no data
0.28%	JPMorgan Chase & Co, Brokerage and Securities Investments	28,102	US$3.1m	-36.3%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/17 21:53
End of Day Share Price	2025/06/17 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bank First Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brendan Nosal	Hovde Group, LLC
Nathan Race	Piper Sandler Companies