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
03 Dec 24	SellUS$255,072	Stephen Johnson	Individual	2,400	US$106.28
15 Mar 24	BuyUS$49,725	Mary-Kay Bourbulas	Individual	600	US$83.00
06 Feb 24	BuyUS$53,118	Phillip Maples	Individual	650	US$81.72

Insider Trading Volume

Insider Buying: BFC insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BFC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,000,071	9.99%
Institutions	3,089,204	30.9%
General Public	5,922,782	59.2%

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

Top Shareholders

Top 25 shareholders own 33.96% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.35%	BlackRock, Inc.	736,192	US$78.4m	4.85%	no data
5.76%	Richard Molepske	576,547	US$61.4m	0%	no data
5.07%	The Vanguard Group, Inc.	507,552	US$54.0m	6.32%	no data
2.38%	State Street Global Advisors, Inc.	238,225	US$25.4m	3.39%	no data
2.22%	Geode Capital Management, LLC	222,204	US$23.7m	3.7%	no data
1.19%	Michael Molepske	118,855	US$12.7m	0%	no data
1.04%	BMO Asset Management Corp.	103,690	US$11.0m	-1.14%	no data
0.95%	Merit Financial Group, LLC	95,290	US$10.1m	20.5%	0.22%
0.9%	Northern Trust Global Investments	90,541	US$9.6m	4.01%	no data
0.75%	Charles Schwab Investment Management, Inc.	74,870	US$8.0m	6.36%	no data
0.75%	Nicolet Advisory Services, LLC	74,673	US$7.9m	-66.2%	0.73%
0.63%	Timothy McFarlane	63,117	US$6.7m	0%	no data
0.61%	Michael Ansay	61,331	US$6.5m	0%	no data
0.59%	Synovus Trust Company, National Association	59,445	US$6.3m	-1.11%	0.09%
0.48%	Stifel Asset Management Corp.	47,834	US$5.1m	18.1%	0.01%
0.44%	American Century Investment Management Inc	44,433	US$4.7m	17.3%	no data
0.39%	BNY Asset Management	38,640	US$4.1m	-15.8%	no data
0.34%	Robert Gregorski	34,317	US$3.7m	0%	no data
0.34%	Morgan Stanley, Investment Banking and Brokerage Investments	33,768	US$3.6m	147%	no data
0.31%	Ziegler Capital Management, LLC	31,000	US$3.3m	0%	0.1%
0.31%	F/M Investments LLC	31,000	US$3.3m	0%	0.11%
0.31%	Millennium Management LLC	30,989	US$3.3m	208%	no data
0.3%	Jason Krepline	30,264	US$3.2m	0%	no data
0.3%	Stephen Johnson	29,675	US$3.2m	-7.48%	no data
0.26%	Goldman Sachs Group, Investment Banking and Securities Investments	26,061	US$2.8m	160%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 15:35
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Bank First Corporation is covered by 3 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
Erik Zwick	Hovde Group, LLC
Brendan Nosal	Hovde Group, LLC
Nathan Race	Piper Sandler Companies