Bank First posts YTD net income $48.0M, EPS $4.75; new director elected

Bank First Corp

2024-Q3 EPS reported $4.75

Net income $48.0M for 9 months ended Sep 30, 2024 vs $39.6M YoY; diluted EPS $4.75 vs $3.86.
Effective tax rate fell to 16.8% from 24.9% YoY, aided by Wisconsin tax legislation.
Net loans grew $113.6M to $3.43B; deposits grew $86.4M to $3.48B.
Quarterly cash dividend of $0.45/share declared, payable Jan 6, 2025 to holders of record Dec 23, 2024.
Daniel 'Skip' McConeghy (VP/Chief Accounting & Tax Officer at Johnson Controls) elected to Board of Directors.

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