Bank First Q1 EPS $1.09, dividend raised 20% to $0.30

Bank First Corp

2023-Q1 EPS reported $1.09

Diluted EPS $1.09 for Q1 2023 vs $1.34 YoY; net income $10.68M.
One-time acquisition costs of $0.41/sh from Hometown; net interest income up $9.9M to $32.2M.
Quarterly dividend increased 20% to $0.30/sh, payable July 5 to holders of record June 21.
Total assets $4.17B (+43% YoY) from Denmark and Hometown deals; deposits $3.46B.
Bank First highlights strong liquidity, low uninsured deposits, and no duration mismatch after recent bank failures.

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