- 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.  **[1746109_20251021CG02080:0]**  For the first nine months of 2025, net income reached **$53.1 million** and EPS was **$5.36**.  **[1746109_20251021CG02080:0]** 
- 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.  **[1746109_20251021CG02080:0]** 
- Net interest margin (NIM) increased to **3.88%** for the third quarter of 2025, up from 3.72% in the prior quarter.  **[1746109_20251021CG02080:1]**  Total loans grew at an annualized rate of **5.5%** during the third quarter of 2025, reaching **$3.63 billion** at September 30, 2025.  **[1746109_20251021CG02080:3]** 
- As of September 30, 2025, total assets were **$4.42 billion** and total deposits were **$3.54 billion**.  **[1746109_20251021CG02080:3]**  Nonperforming assets remained low at **$13.9 million**, representing **0.31%** of total assets.  **[1746109_20251021CG02080:3]** 
- The Board of Directors approved a quarterly cash dividend of **$0.45 per common share**, payable on January 7, 2026.  **[1746109_20251021CG02080:3]**

Bank First Reports Strong Q3 2025 Earnings and Dividend Declaration

- Bank First Corporation reported **net income of $18.0 million** and **earnings per common share of $1.83** for the third quarter of 2025.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:0]**  For the nine months ended September 30, 2025, net income was **$53.1 million** and earnings per share were **$5.36**.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:0]** 
- Net interest income for the third quarter of 2025 was **$38.3 million**, and the net interest margin was **3.88%**.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:0]** 
- Total assets were **$4.42 billion** and total loans were **$3.63 billion** at September 30, 2025.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:1]**  Total deposits were **$3.54 billion** at the same date.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:1]** 
- 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.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:0]** 
- The Board of Directors approved a quarterly cash dividend of **$0.45 per common share**, payable on January 7, 2026.  **[1746109_0001104659-25-101224_tm2529109d1_ex99-1.htm:2]**

Bank First (BFC)