Bank First Corporation

NasdaqCM:BFC Stock Report

Market Cap: US$1.0b

Bank First Management

Management criteria checks 4/4

Bank First's CEO is Mike Molepske, appointed in Dec 2008, has a tenure of 15.92 years. directly owns 1.19% of the company’s shares, worth $11.93M. The average tenure of the management team and the board of directors is 3.7 years and 4.5 years respectively.

Key information

Mike Molepske

Chief executive officer

US$1.4m

Total compensation

CEO salary percentagen/a
CEO tenure16yrs
CEO ownership1.2%
Management average tenure3.7yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Bank First (NASDAQ:BFC) Is Paying Out A Larger Dividend Than Last Year

Dec 02
Bank First (NASDAQ:BFC) Is Paying Out A Larger Dividend Than Last Year

Bank First (NASDAQ:BFC) Has Announced That It Will Be Increasing Its Dividend To $0.45

Oct 19
Bank First (NASDAQ:BFC) Has Announced That It Will Be Increasing Its Dividend To $0.45

Bank First (NASDAQ:BFC) Is Increasing Its Dividend To $0.40

Aug 22
Bank First (NASDAQ:BFC) Is Increasing Its Dividend To $0.40

Bank First (NASDAQ:BFC) Will Pay A Larger Dividend Than Last Year At $0.40

Jul 20
Bank First (NASDAQ:BFC) Will Pay A Larger Dividend Than Last Year At $0.40

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

Jul 15
Here's Why We Think Bank First (NASDAQ:BFC) Might Deserve Your Attention Today

Bank First (NASDAQ:BFC) Is Increasing Its Dividend To $0.35

Feb 22
Bank First (NASDAQ:BFC) Is Increasing Its Dividend To $0.35

Bank First (NASDAQ:BFC) Will Pay A Larger Dividend Than Last Year At $0.35

Jan 20
Bank First (NASDAQ:BFC) Will Pay A Larger Dividend Than Last Year At $0.35

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

Jul 19

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

Jun 08
We Think Bank First Corporation's (NASDAQ:BFC) CEO Compensation Looks Fair

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

Apr 30
Here's Why I Think Bank First (NASDAQ:BFC) Might Deserve Your Attention Today

CEO Compensation Analysis

How has Mike Molepske's remuneration changed compared to Bank First's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$82m

Jun 30 2024n/an/a

US$81m

Mar 31 2024n/an/a

US$79m

Dec 31 2023US$1mn/a

US$74m

Sep 30 2023n/an/a

US$52m

Jun 30 2023n/an/a

US$48m

Mar 31 2023n/an/a

US$45m

Dec 31 2022US$1mUS$582k

US$45m

Sep 30 2022n/an/a

US$43m

Jun 30 2022n/an/a

US$44m

Mar 31 2022n/an/a

US$44m

Dec 31 2021US$1mUS$565k

US$45m

Sep 30 2021n/an/a

US$45m

Jun 30 2021n/an/a

US$45m

Mar 31 2021n/an/a

US$42m

Dec 31 2020US$1mUS$551k

US$38m

Sep 30 2020n/an/a

US$34m

Jun 30 2020n/an/a

US$29m

Mar 31 2020n/an/a

US$27m

Dec 31 2019US$1mUS$533k

US$26m

Sep 30 2019n/an/a

US$25m

Jun 30 2019n/an/a

US$24m

Mar 31 2019n/an/a

US$25m

Dec 31 2018US$929kUS$425k

US$25m

Sep 30 2018n/an/a

US$23m

Jun 30 2018n/an/a

US$21m

Mar 31 2018n/an/a

US$18m

Dec 31 2017US$824kUS$413k

US$15m

Compensation vs Market: Mike's total compensation ($USD1.43M) is below average for companies of similar size in the US market ($USD3.24M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Molepske (63 yo)

16yrs

Tenure

US$1,434,645

Compensation

Mr. Michael B. Molepske, also known as Mike, is Chairman of the Board of Bank First Corporation from June 2022. He is Chief Executive Officer of Bank First Corporation (formerly known as Bank First Nationa...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Molepske
CEO & Chairman of the Board16yrsUS$1.43m1.19%
$ 11.9m
Timothy McFarlane
President & Director1.8yrsUS$460.15k0.63%
$ 6.3m
Kevin LeMahieu
Chief Financial Officer10.3yrsUS$691.27k0.22%
$ 2.2m
Jason Krepline
Chief Lending Officerno dataUS$581.93k0.30%
$ 3.0m
Kelly Dvorak
Chief Legal Counsel & Company Secretary7.8yrsno data0.072%
$ 721.9k
Debbie Weyker
Vice President of Marketingno datano datano data
Brenda Haese
Assistant Vice President of Human Resourcesless than a yearno datano data
Glenn Curran
President of Central Region5.5yrsno datano data
Meghann Kasper
Chief Credit Officerno datano datano data
Jeff Zimmerlee
Chief Retail Officerno datano datano data
Vince Cameranesi
President of South Regionless than a yearno datano data
Aaron Faulkner
President of Northeast Regionless than a yearno datano data

3.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: BFC's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Molepske
CEO & Chairman of the Board15.9yrsUS$1.43m1.19%
$ 11.9m
Timothy McFarlane
President & Director1.8yrsUS$460.15k0.63%
$ 6.3m
Laura Kohler
Independent Director2.5yrsUS$80.82k0.048%
$ 487.0k
Robert Gregorski
Independent Director14.2yrsUS$80.82k0.34%
$ 3.4m
Stephen Johnson
Independent Director5.9yrsUS$80.82k0.30%
$ 3.0m
Mary-Kay Bourbulas
Lead Independent Director5.4yrsUS$95.82k0.070%
$ 702.8k
Peter Van Sistine
Independent Director6.6yrsUS$95.82k0.078%
$ 779.6k
Judy Heun
Independent Director5.7yrsUS$95.82k0.034%
$ 337.2k
Phillip Maples
Independent Director3.5yrsUS$80.82k0.049%
$ 488.5k
Daniel McConeghy
Directorless than a yearno data0.011%
$ 110.4k
Erin Davis
Independent Directorless than a yearno data0.020%
$ 200.7k
Michael Stayer-Suprick
Directorless than a yearno data0.020%
$ 204.3k

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: BFC's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 05:30
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Erik ZwickHovde Group, LLC
Brendan NosalHovde Group, LLC
Nathan RacePiper Sandler Companies