Bank First (NASDAQ:BFC) Releases Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Bank First (NASDAQ:BFC) issued its earnings results on Tuesday. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.19, Zacks reports. Bank First had a net margin of 32.02% and a return on equity of 10.10%.

Bank First Stock Down 0.7 %

Shares of BFC opened at $99.37 on Thursday. The firm has a market cap of $994.69 million, a P/E ratio of 12.21 and a beta of 0.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. Bank First has a 52 week low of $74.90 and a 52 week high of $110.49. The firm’s 50-day simple moving average is $102.10 and its 200 day simple moving average is $94.67.

Bank First Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Wednesday, March 26th. Bank First’s dividend payout ratio is presently 22.11%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their price objective on Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th.

About Bank First

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. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.