secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001104659-24-063392
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First Q1 EPS $1.51 vs $1.09; dividend raised to $0.35/share
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- Diluted EPS $1.51, net income $15.4M vs $10.7M YoY; one-time costs in prior year reduced EPS by $0.41.
- Quarterly dividend increased to $0.35/share (YTD $0.35 vs $0.25); payable July 10 to holders of record June 26.
- Net loans grew $59M to $3.34B; deposits declined $47M to $3.42B; total assets $4.10B.
- Two directors (Dave Sachse, Mike Ansay) retiring after 14 years; Erin Davis appointed to board April 16, 2024.
- Net interest margin 3.62% (down from 3.74%); net interest income $33.3M vs $32.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465924063392/0001104659-24-063392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465924063392/tm2414983d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-063392

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