Earnings summaries and quarterly performance for Bank First.
Executive leadership at Bank First.
Board of directors at Bank First.
DC
Daniel C. McConeghy
Detailed
Director
EB
Ebru Başaran-Shull
Detailed
Director
EA
Erin A. Davis
Detailed
Director
MH
Mary-Kay H. Bourbulas
Detailed
Lead Independent Director
MS
Michael S. Stayer-Suprick
Detailed
Director
PJ
Peter J. Van Sistine
Detailed
Director
PR
Phillip R. Maples
Detailed
Director
RD
Robert D. Gregorski
Detailed
Director
SE
Stephen E. Johnson
Detailed
Director
TA
Todd A. Sprang
Detailed
Director
Research analysts covering Bank First.
Recent press releases and 8-K filings for BFC.
Bank First Corp Announces Q4 and Full Year 2025 Results
BFC
Earnings
Dividends
M&A
- Bank First Corporation reported net income of $18.4 million and earnings per common share of $1.87 for the fourth quarter of 2025, with full-year 2025 figures at $71.5 million and $7.23 respectively.
- The company's net interest margin (NIM) improved to 4.01% for Q4 2025, up from 3.61% in the prior-year fourth quarter.
- A quarterly cash dividend of $0.50 per share was declared, marking an 11.1% increase over the prior quarter and prior-year fourth quarter.
- Total assets reached $4.51 billion and total deposits were $3.70 billion as of December 31, 2025.
- The acquisition of Centre, parent company of First National Bank and Trust Company (FNBT), successfully closed on January 1, 2026, significantly expanding the Bank's operations.
Jan 22, 2026, 9:02 PM
Bank First Reports Strong Q4 and Full-Year 2025 Earnings, Increases Dividend, and Completes Major Acquisition
BFC
Earnings
Dividends
M&A
- Bank First Corporation reported net income of $18.4 million and earnings per common share of $1.87 for the fourth quarter of 2025, with full-year 2025 net income at $71.5 million and EPS at $7.23.
- The company declared a quarterly cash dividend of $0.50 per share, representing an 11.1% increase over the prior quarter and prior-year fourth quarter.
- Total assets reached $4.51 billion and total deposits were $3.70 billion at December 31, 2025, while nonperforming assets remained negligible at $9.0 million.
- Net interest margin (NIM) improved to 4.01% for the fourth quarter of 2025, up from 3.88% in the previous quarter.
- Bank First successfully closed its merger with Centre 1 Bancorp, Inc. on January 1, 2026, an acquisition described as the most transformational event in the bank's history, expanding its geographic reach and services.
Jan 22, 2026, 9:00 PM
Bank First Corporation Completes Centre 1 Bancorp, Inc. Acquisition
BFC
M&A
Board Change
- Bank First Corporation completed its acquisition of Centre 1 Bancorp, Inc., parent company of The First National Bank and Trust Company, on January 2, 2026.
- The combined organization will operate 38 branch locations across Wisconsin and the Stateline area of Illinois, with approximately $6 billion in assets.
- Bank First is expanding its services to include trust and wealth management, integrating a skilled team from First National Bank and Trust.
- Steve Eldred, former Chairman and Chief Executive Officer of Centre, will join the Board of Directors of Bank First.
Jan 2, 2026, 2:40 PM
Bank First Corporation Completes Centre 1 Bancorp, Inc. Acquisition
BFC
M&A
New Projects/Investments
Board Change
- Bank First Corporation (BFC) completed its acquisition of Centre 1 Bancorp, Inc. on January 2, 2026, with the merger effective January 1, 2026.
- The combined organization will operate 38 branch locations across Wisconsin and Illinois, with approximately $6 billion in assets.
- Bank First is expanding its services to include trust and wealth management, integrating a skilled team from First National Bank and Trust.
- Former Centre shareholders are entitled to receive 0.9200 of a share of BFC's common stock for each share of Centre common stock, with BFC issuing approximately 1,382,978 shares as a result.
- Steve Eldred, former Chairman and Chief Executive Officer of Centre, will join the Board of Directors of Bank First and its banking subsidiary.
Jan 2, 2026, 2:30 PM
Bank First Reports Strong Q3 2025 Earnings and Dividend Declaration
BFC
Earnings
Dividends
M&A
- Bank First Corporation reported net income of $18.0 million and earnings per common share of $1.83 for the third quarter of 2025, an increase from $16.6 million and $1.65 per share in the prior-year third quarter. For the first nine months of 2025, net income reached $53.1 million and EPS was $5.36.
- The company's earnings growth was primarily driven by mid-single-digit loan expansion and improved loan yields, despite incurring $891,000 in merger expenses related to the acquisition of First National Bank & Trust.
- Net interest margin (NIM) increased to 3.88% for the third quarter of 2025, up from 3.72% in the prior quarter. Total loans grew at an annualized rate of 5.5% during the third quarter of 2025, reaching $3.63 billion at September 30, 2025.
- As of September 30, 2025, total assets were $4.42 billion and total deposits were $3.54 billion. Nonperforming assets remained low at $13.9 million, representing 0.31% of total assets.
- The Board of Directors approved a quarterly cash dividend of $0.45 per common share, payable on January 7, 2026.
Oct 21, 2025, 8:10 PM
Bank First Corporation Announces Q3 2025 Net Income and EPS
BFC
Earnings
M&A
Dividends
- Bank First Corporation reported net income of $18.0 million and earnings per common share of $1.83 for the third quarter of 2025. For the nine months ended September 30, 2025, net income was $53.1 million and earnings per share were $5.36.
- Net interest income for the third quarter of 2025 was $38.3 million, and the net interest margin was 3.88%.
- Total assets were $4.42 billion and total loans were $3.63 billion at September 30, 2025. Total deposits were $3.54 billion at the same date.
- The company incurred over $891,000 in merger expenses related to its acquisition of First National Bank & Trust, which is scheduled to close on January 1, 2026.
- The Board of Directors approved a quarterly cash dividend of $0.45 per common share, payable on January 7, 2026.
Oct 21, 2025, 8:01 PM
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