earnings
confidence high
sentiment positive
materiality 0.70
Bank First Q1 net income $20.0M, adj. EPS $2.24; dividend raised 10% QoQ to $0.55
Bank First Corp
2026-Q1 EPS reported
$1.78
- GAAP net income of $20.0M ($1.78 EPS); adjusted net income (non-GAAP) of $25.1M ($2.24 EPS).
- Net interest income $53.2M, up $16.7M YoY; net interest margin 3.96%.
- Quarterly cash dividend increased 10% to $0.55 per share; payable July 8, record June 24.
- Completed Centre 1 Bancorp acquisition on Jan 1, adding $1.48B in assets.
- Nonperforming assets rose to $30.0M (0.50% of total assets) from $9.0M at year-end; largest driver a single $12.9M relationship.
item 2.02item 9.01