Bank First Q2 net income $14.1M ($1.37 EPS); declares $0.30 dividend, up 20% YoY

Bank First Corp

2023-Q2 EPS reported $2.46

Net income $14.1M vs $11.7M in Q2 2022; GAAP EPS $1.37 vs $1.55; adjusted EPS $1.41 vs $1.61.
Quarterly cash dividend raised 20% to $0.30/share, payable Oct 4 to holders of record Sept 20.
Net interest income $34.3M, up $10.8M YoY; net interest margin 3.77% vs 3.21% a year ago.
Total assets $4.09B, up $1.13B YoY; loans $3.31B, deposits $3.41B; nonperforming assets just 0.18%.
No provision for credit losses in Q2, compared to $4.2M in prior quarter and $0.5M in Q2 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bank First Corp reported financial results for the quarter ended June 30, 2023.

Period: the quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On July 18, 2023, Bank First Corporation (the "Company") announced its earnings for the quarter ended June 30, 2023. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by reference.

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Source: SEC EDGAR

accession 0001104659-23-082000

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