secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001104659-24-047765
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First Q1 net income $15.4M ($1.51/sh); $0.35 dividend, 2.5% share buyback
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- Net income $15.4M, EPS $1.51 vs $10.7M ($1.09) YoY; adjusted EPS $1.51 vs $1.50.
- Net interest income $33.3M, up $1.1M YoY; net interest margin 3.62% vs 3.74% a year ago.
- Total loans $3.38B (+4.9% annualized); total deposits $3.42B, down $16.9M from year-end.
- Nonperforming assets $12.5M (0.31% of assets), up from $9.1M (0.21%) at prior quarter end.
- Board declared $0.35 quarterly dividend (unchanged QoQ, +16.7% YoY); 261,340 shares repurchased in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465924047765/0001104659-24-047765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465924047765/tm2411860d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-047765

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