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 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bank First Corp reported first quarter of 2026 results: net income net income of $20.0 million, EPS $1.78 per share.

Period: first quarter of 2026
Net income: net income of $20.0 million
EPS: $1.78 per share
Result: reported results

Exact text from the filing

Officer Phone: (920) 652-3200 / klemahieu@bankfirst.com NEWS release [For Immediate Release] Bank First Announces Net Income for the First Quarter of 2026 · Net income of $20.0 million and earnings per common share of $1.78 for the three months ended March 31, 2026 · Adjusted net income (non-GAAP) of $25.1 million and adjusted earnings per common share

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Source: SEC EDGAR

accession 0001104659-26-044352

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