secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001104659-23-004237
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/0001104659-23-004237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923004237/tm233568d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-004237

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