---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-004237"
form_type: "8-K"
ticker: "BFC"
cik: "0001746109"
company_name: "Bank First Corp"
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:49:16.248302+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bank First Q4 net income $12.8M, EPS $1.43; raises dividend 13.6% to $0.25/share

## Summary
- Net income $12.8M ($1.43/sh) for Q4 2022 vs $11.2M ($1.46/sh) in Q4 2021; full year $45.2M ($5.58/sh) vs $45.4M ($5.92/sh).
- Net interest income $30.6M, up $2.9M QoQ and $7.4M YoY; NIM 3.71% vs 3.63% prior quarter.
- Pre-tax M&A expenses from Denmark and Hometown acquisitions totaled $1.4M in Q4, reducing after-tax EPS by $0.12.
- Quarterly dividend increased 13.6% to $0.25 per share, payable April 5, 2023 to holders of record March 22, 2023.
- Total assets $3.66B, up $722.9M from year-end 2021; loans $2.89B; nonperforming assets 0.18% of assets.

## SEC filing metadata
- accession: 0001104659-23-004237
- form_type: 8-K
- ticker: BFC
- cik: 0001746109
- company_name: Bank First Corp
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/0001104659-23-004237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/tm233568d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-004237
- JSON: https://secwatch.observer/filing/0001104659-23-004237.json
- Plain text: https://secwatch.observer/filing/0001104659-23-004237.txt

## Key facts
- Earnings Releases
  Bank First Corp reported the quarter ended December 31, 2022 results: net income $12.8 million, EPS $1.43 per share.
  - Period: the quarter ended December 31, 2022
  - Net income: $12.8 million
  - EPS: $1.43 per share
  - Result: reported results
  source text: reported net income of $12.8 million, or $1.43 per share, for the fourth quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/0001104659-23-004237-index.htm
- Earnings Releases
  Bank First Corp reported the year ended December 31, 2022 results: net income $45.2 million, EPS $5.58 per share.
  - Period: the year ended December 31, 2022
  - Net income: $45.2 million
  - EPS: $5.58 per share
  - Result: reported results
  source text: For the year ended December 31, 2022, Bank First earned $45.2 million, or $5.58 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/0001104659-23-004237-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.