Bank First Management
Management criteria checks 4/4
Bank First's CEO is Mike Molepske, appointed in Dec 2008, has a tenure of 15.33 years. total yearly compensation is $1.34M, comprised of 43.3% salary and 56.7% bonuses, including company stock and options. directly owns 1.17% of the company’s shares, worth $9.05M. The average tenure of the management team and the board of directors is 3 years and 5.1 years respectively.
Key information
Mike Molepske
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 43.3% |
| CEO tenure | 15.3yrs |
| CEO ownership | 1.2% |
| Management average tenure | 3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Bank First (NASDAQ:BFC) Is Increasing Its Dividend To $0.35
Feb 22
Bank First (NASDAQ:BFC) Will Pay A Larger Dividend Than Last Year At $0.35
Jan 20Bank First GAAP EPS of $1.55 beats by $0.06, revenue of $29.1M beats by $0.28M
Jul 19We Think Bank First Corporation's (NASDAQ:BFC) CEO Compensation Looks Fair
Jun 08Here's Why I Think Bank First (NASDAQ:BFC) Might Deserve Your Attention Today
Apr 30What Type Of Shareholders Own The Most Number of Bank First Corporation (NASDAQ:BFC) Shares?
Mar 13How Does Bank First Corporation (NASDAQ:BFC) Fare As A Dividend Stock?
Feb 20Trade 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 22Shareholders Of Bank First (NASDAQ:BFC) Must Be Happy With Their 177% Total Return
Jan 08Bank First goes ex-dividend tomorrow
Dec 21Is It Smart To Buy Bank First Corporation (NASDAQ:BFC) Before It Goes Ex-Dividend?
Dec 18Here's Why I Think Bank First (NASDAQ:BFC) Is An Interesting Stock
Dec 14What Type Of Shareholders Own The Most Number of Bank First Corporation (NASDAQ:BFC) Shares?
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$79m |
| Dec 31 2023 | n/a | n/a | US$74m |
| Sep 30 2023 | n/a | n/a | US$52m |
| Jun 30 2023 | n/a | n/a | US$48m |
| Mar 31 2023 | n/a | n/a | US$45m |
| Dec 31 2022 | US$1m | US$582k | US$45m |
| Sep 30 2022 | n/a | n/a | US$43m |
| Jun 30 2022 | n/a | n/a | US$44m |
| Mar 31 2022 | n/a | n/a | US$44m |
| Dec 31 2021 | US$1m | US$565k | US$45m |
| Sep 30 2021 | n/a | n/a | US$45m |
| Jun 30 2021 | n/a | n/a | US$45m |
| Mar 31 2021 | n/a | n/a | US$42m |
| Dec 31 2020 | US$1m | US$551k | US$38m |
| Sep 30 2020 | n/a | n/a | US$34m |
| Jun 30 2020 | n/a | n/a | US$29m |
| Mar 31 2020 | n/a | n/a | US$27m |
| Dec 31 2019 | US$1m | US$533k | US$26m |
| Sep 30 2019 | n/a | n/a | US$25m |
| Jun 30 2019 | n/a | n/a | US$24m |
| Mar 31 2019 | n/a | n/a | US$25m |
| Dec 31 2018 | US$929k | US$425k | US$25m |
| Sep 30 2018 | n/a | n/a | US$23m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$18m |
| Dec 31 2017 | US$824k | US$413k | US$15m |
Compensation vs Market: Mike's total compensation ($USD1.34M) is below average for companies of similar size in the US market ($USD3.46M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Molepske (62 yo)
15.3yrs
Tenure
US$1,341,529
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 15.3yrs | US$1.34m | 1.17% $ 9.1m | |
| President & Director | 1.2yrs | no data | 0.62% $ 4.8m | |
| Chief Financial Officer | 9.7yrs | US$613.10k | 0.22% $ 1.7m | |
| Chief Lending Officer | no data | US$565.83k | 0.30% $ 2.3m | |
| Chief Legal Counsel | 7.1yrs | no data | 0.071% $ 548.0k | |
| Vice President of Marketing | no data | no data | no data | |
| Assistant Vice President of Human Resources | less than a year | no data | no data | |
| President of Central Region | 4.8yrs | no data | no data | |
| Chief Credit Officer | no data | no data | no data | |
| Chief Retail Officer | no data | no data | no data | |
| President of South Region | less than a year | no data | no data | |
| President of Northeast Region | less than a year | no data | no data |
3.0yrs
Average Tenure
53.5yo
Average Age
Experienced Management: BFC's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 15.3yrs | US$1.34m | 1.17% $ 9.1m | |
| President & Director | 1.2yrs | no data | 0.62% $ 4.8m | |
| Independent Director | 1.8yrs | US$10.00k | 0.048% $ 369.7k | |
| Independent Director | 13.8yrs | US$59.79k | 0.25% $ 1.9m | |
| Independent Director | 13.5yrs | US$54.79k | 0.34% $ 2.6m | |
| Independent Director | 5.3yrs | US$54.79k | 0.32% $ 2.4m | |
| Independent Director | 4.8yrs | US$62.29k | 0.069% $ 533.5k | |
| Independent Director | 5.9yrs | US$59.79k | 0.077% $ 591.9k | |
| Independent Director | 5yrs | US$62.29k | 0.033% $ 256.0k | |
| Independent Director | 2.8yrs | US$10.45k | 0.048% $ 370.9k |
5.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: BFC's board of directors are considered experienced (5.1 years average tenure).