Bank First (Nasdaq:BFC) - Stock Price, News & Analysis

BFC Stock Overview

Bank First Corporation operates as a holding company for Bank First N.A.

BFC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 45.2% below our estimate of its fair value

Earnings are forecast to grow 12.5% per year

Earnings have grown 17.9% per year over the past 5 years

Risk Analysis

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Bank First Corporation Competitors

Brookline Bancorp

NasdaqGS:BRKL

US$786.4m

Byline Bancorp

NYSE:BY

US$712.3m

W.T.B. Financial

OTCPK:WTBF.B

US$769.1m

Farmers & Merchants Bancorp

OTCPK:FMCB

US$750.9m

Price History & Performance

Summary of all time highs, changes and price drops for Bank First
Historical stock prices
Current Share Price	US$81.99
52 Week High	US$99.84
52 Week Low	US$65.00
Beta	0.29
1 Month Change	22.67%
3 Month Change	4.05%
1 Year Change	12.39%
3 Year Change	26.14%
5 Year Change	55.58%
Change since IPO	465.45%

Recent updates

What Type Of Shareholders Own The Most Number of Bank First Corporation (NASDAQ:BFC) Shares?

Mar 13

How Does Bank First Corporation (NASDAQ:BFC) Fare As A Dividend Stock?

Feb 20

Trade Alert: The Independent Director Of Bank First Corporation (NASDAQ:BFC), Mary-Kay Bourbulas, Has Just Spent US$70k Buying 47% More Shares

Jan 30

Analysts Just Shipped A Meaningful Upgrade To Their Bank First Corporation (NASDAQ:BFC) Estimates

Jan 22

Shareholders Of Bank First (NASDAQ:BFC) Must Be Happy With Their 177% Total Return

Jan 08

Bank First goes ex-dividend tomorrow

Dec 21

Is It Smart To Buy Bank First Corporation (NASDAQ:BFC) Before It Goes Ex-Dividend?

Dec 18

Here's Why I Think Bank First (NASDAQ:BFC) Is An Interesting Stock

Dec 14

What Type Of Shareholders Own The Most Number of Bank First Corporation (NASDAQ:BFC) Shares?

Nov 26

Shareholder Returns

	BFC	US Banks	US Market
7D	8.1%	2.7%	2.1%
1Y	12.4%	-14.3%	2.4%

Return vs Industry: BFC exceeded the US Banks industry which returned -18.2% over the past year.

Return vs Market: BFC exceeded the US Market which returned -1% over the past year.

Price Volatility

Is BFC's price volatile compared to industry and market?
BFC volatility
BFC Average Weekly Movement	4.9%
Banks Industry Average Movement	6.2%
Market Average Movement	6.6%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BFC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1894	382	Mike Molepske	https://www.bankfirst.com

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. The company offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. It also provides credit cards; ATM processing; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services.

Bank First Corporation Fundamentals Summary

How do Bank First's earnings and revenue compare to its market cap?
BFC fundamental statistics
Market Cap	US$851.81m
Earnings (TTM)	US$45.40m
Revenue (TTM)	US$129.23m

18.8x

P/E Ratio

1.5x

P/B Ratio

Is BFC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BFC income statement (TTM)
Revenue	US$129.23m
Cost of Revenue	US$0
Gross Profit	US$129.23m
Other Expenses	US$83.84m
Earnings	US$45.40m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	4.37
Gross Margin	100.00%
Net Profit Margin	35.13%
Debt/Equity Ratio	20.9%

How did BFC perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

18%

Payout Ratio

Does BFC pay a reliable dividends?

See BFC dividend history and benchmarks

When do you need to buy BFC by to receive an upcoming dividend?
Bank First dividend dates
Ex Dividend Date	Jun 20 2023
Dividend Pay Date	Jul 05 2023
Days until Ex dividend	16 days
Days until Dividend pay date	31 days

Does BFC pay a reliable dividends?

See BFC dividend history and benchmarks

BFC Stock Overview

Rewards

Risk Analysis

Bank First Corporation Competitors

NasdaqGS:BRKL

US$786.4m

NYSE:BY

US$712.3m

OTCPK:WTBF.B

US$769.1m

OTCPK:FMCB

US$750.9m

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 12%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.25 per share at 1.4% yield

President notifies of intention to sell stock

Consensus EPS estimates fall by 11%

Price target decreased to US$87.00

Recent updates

Consensus EPS estimates fall by 12%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.25 per share at 1.4% yield

President notifies of intention to sell stock

Consensus EPS estimates fall by 11%

Price target decreased to US$87.00

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bank First Corporation Approves Quarterly Cash Dividend, Payable on April 5, 2023

Price target increased to US$97.00

Upcoming dividend of US$0.25 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Bank First Corporation Approves Quarterly Cash Dividend, Payable on January 4, 2023

Upcoming dividend of US$0.25 per share

Bank First Corporation (NasdaqCM:BFC) signed a definitive agreement to acquire Hometown Bancorp, Ltd. for approximately $120 million.

Second quarter 2022 earnings released: EPS: US$1.56 (vs US$1.50 in 2Q 2021)

Bank First Corporation Announces Quarterly Dividend, Payable on October 5, 2022

Bank First GAAP EPS of $1.55 beats by $0.06, revenue of $29.1M beats by $0.28M

Bank First Corporation Elects Laura E. Kohler as Director

Upcoming dividend of US$0.22 per share

First quarter 2022 earnings: EPS misses analyst expectations

Bank First Corporation (NasdaqCM:BFC) announces an Equity Buyback for $30 million worth of its shares.

Bank First Corporation, Annual General Meeting, Jun 13, 2022

Bank First Corporation Approves Quarterly Cash Dividend, Payable on July 6, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 21% undervalued

Upcoming dividend of US$0.22 per share

Now 20% undervalued after recent price drop

Consensus revenue estimates increase by 12%

Bank First Corporation (NasdaqCM:BFC) signed a definitive agreement to acquire Denmark Bancshares, Inc. (OTCPK:DMKB.A) for approximately $120 million.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.22 per share

Third quarter 2021 earnings released: EPS US$1.48 (vs US$1.42 in 3Q 2020)

Upcoming dividend of US$0.50 per share

President recently bought US$70k worth of stock

High number of new directors

Second quarter 2021 earnings released: EPS US$1.50 (vs US$1.11 in 2Q 2020)

Bank First Corporation(NasdaqCM:BFC) dropped from Russell Microcap Growth Index

Independent Director Katherine Reynolds has left the company

Upcoming dividend of US$0.21 per share

We Think Bank First Corporation's (NASDAQ:BFC) CEO Compensation Looks Fair

First quarter 2021 earnings released: EPS US$1.50 (vs US$1.02 in 1Q 2020)

Here's Why I Think Bank First (NASDAQ:BFC) Might Deserve Your Attention Today

First quarter 2021 earnings released: EPS US$1.50 (vs US$1.02 in 1Q 2020)

Upcoming Dividend of US$0.21 Per Share

Full year 2020 earnings released: EPS US$5.07 (vs US$3.91 in FY 2019)

Revenue and earnings beat expectations

What Type Of Shareholders Own The Most Number of Bank First Corporation (NASDAQ:BFC) Shares?

New 90-day high: US$72.58

How Does Bank First Corporation (NASDAQ:BFC) Fare As A Dividend Stock?

Trade Alert: The Independent Director Of Bank First Corporation (NASDAQ:BFC), Mary-Kay Bourbulas, Has Just Spent US$70k Buying 47% More Shares

Independent Director recently bought US$70k worth of stock

Analysts increase revenue estimates to US$113.2m

Analysts Just Shipped A Meaningful Upgrade To Their Bank First Corporation (NASDAQ:BFC) Estimates

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS US$5.11

Shareholders Of Bank First (NASDAQ:BFC) Must Be Happy With Their 177% Total Return

Bank First goes ex-dividend tomorrow

Is It Smart To Buy Bank First Corporation (NASDAQ:BFC) Before It Goes Ex-Dividend?

Upcoming Dividend of US$0.21 Per Share