secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001104659-26-044352
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First Q1 net income $20.0M, adj. EPS $2.24; dividend raised 10% QoQ to $0.55
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465926044352/0001104659-26-044352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465926044352/tm2611895d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-044352

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer