Bank First reports H1 EPS $3.10 vs $2.46, net loans up $112M YoY

Bank First Corp

2024-Q2 EPS reported $3.10

H1 2024 net income $31.5M ($3.10 diluted EPS) vs $24.8M ($2.46) prior year; provision expense fell to $0.2M from $4.2M.
Net interest income $66.4M, down $0.2M YoY; net interest margin 3.62% vs 3.76%.
Quarterly dividend of $0.40/share declared, payable Oct 9, record Sep 25.
Michael Stayer-Suprick (CEO of Johnsonville Holdings) elected to board effective July 16, 2024.
Bank First ranked in top 10% of US community banks by Raymond James in 2023.

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