BFC Stock Overview
Bank First Corporation operates as a holding company for Bank First N.A.
Bank First Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$70.56|
|52 Week High||US$77.00|
|52 Week Low||US$66.02|
|1 Month Change||-2.37%|
|3 Month Change||3.01%|
|1 Year Change||0.80%|
|3 Year Change||46.69%|
|5 Year Change||107.23%|
|Change since IPO||386.62%|
Recent News & Updates
|BFC||US Banks||US Market|
Return vs Industry: BFC underperformed the US Banks industry which returned 28% over the past year.
Return vs Market: BFC underperformed the US Market which returned 6.6% over the past year.
|BFC Average Weekly Movement||3.1%|
|Banks Industry Average Movement||3.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BFC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BFC's weekly volatility (3%) has been stable over the past year.
About the Company
Bank First Corporation operates as a holding company for Bank First N.A. that provides consumer and commercial financial services to businesses, professionals, and consumers in Wisconsin. The company offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. The company’s loan products include real estate loans, including commercial real estate, residential mortgage, and home equity loans; commercial and industrial loans for working capital, accounts receivable, inventory financing, and other business purposes; construction and development loans; residential 1-4 family loans; and consumer loans for personal and household purposes, including secured and unsecured installment loans.
Bank First Fundamentals Summary
|BFC fundamental statistics|
Is BFC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BFC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||5.97|
|Net Profit Margin||41.13%|
How did BFC perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Bank First undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BFC ($70.56) is trading below our estimate of fair value ($84.01)
Significantly Below Fair Value: BFC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BFC is poor value based on its PE Ratio (11.8x) compared to the US Banks industry average (11x).
PE vs Market: BFC is good value based on its PE Ratio (11.8x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: BFC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BFC is overvalued based on its PB Ratio (1.7x) compared to the US Banks industry average (1.2x).
How is Bank First forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BFC's earnings are forecast to decline over the next 3 years (-1.4% per year).
Earnings vs Market: BFC's earnings are forecast to decline over the next 3 years (-1.4% per year).
High Growth Earnings: BFC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BFC's revenue (2.4% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: BFC's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BFC's Return on Equity is forecast to be low in 3 years time (12%).
How has Bank First performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BFC has high quality earnings.
Growing Profit Margin: BFC's current net profit margins (41.1%) are higher than last year (36.6%).
Past Earnings Growth Analysis
Earnings Trend: BFC's earnings have grown significantly by 24.2% per year over the past 5 years.
Accelerating Growth: BFC's earnings growth over the past year (20.4%) is below its 5-year average (24.2% per year).
Earnings vs Industry: BFC earnings growth over the past year (20.4%) underperformed the Banks industry 43.4%.
Return on Equity
High ROE: BFC's Return on Equity (14.1%) is considered low.
How is Bank First's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BFC's Assets to Equity ratio (9.1x) is low.
Allowance for Bad Loans: BFC has a sufficient allowance for bad loans (171%).
Low Risk Liabilities: 97% of BFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BFC has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: BFC's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: BFC has an appropriate level of bad loans (0.5%).
What is Bank First current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BFC's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: BFC's dividend (1.25%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: BFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: BFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.3%), BFC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BFC's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Molepske (60 yo)
Mr. Michael B. Molepske, also known as Mike, is President and Chief Executive Officer of Bank First Corporation (formerly known as Bank First National Corporation) and Bank First, National Association in M...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD1.26M) is about average for companies of similar size in the US market ($USD1.70M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Management: BFC's management team is considered experienced (2.7 years average tenure).
Experienced Board: BFC's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bank First Corporation's employee growth, exchange listings and data sources
- Name: Bank First Corporation
- Ticker: BFC
- Exchange: NasdaqCM
- Founded: 1894
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$537.423m
- Shares outstanding: 7.62m
- Website: https://www.bankfirstwi.bank
Number of Employees
- Bank First Corporation
- 402 North 8th Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:44|
|End of Day Share Price||2022/01/21 00:00|
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.