Highest-materiality recent filing
Bank First Corporation to acquire PSB Holdings in all-stock deal valued at ~$202.9M
Each PSB share to be exchanged for 0.3470 BFC shares; aggregate consideration ~$202.9M based on BFC close of $143.66.
Bank First renews $60M annual share repurchase program for two years
Authorization up to $60M per year for common stock repurchases.
Bank First Q1 net income $20.0M, adj. EPS $2.24; dividend raised 10% QoQ to $0.55
GAAP net income of $20.0M ($1.78 EPS); adjusted net income (non-GAAP) of $25.1M ($2.24 EPS).
Bank First 8-K/A adds Centre 1 Bancorp audited financials; net income fell to $1.8M
Centre 1 Bancorp net income $1.83M in 2025, down from $6.07M in 2024; diluted EPS $1.22 vs $4.15.
Bank First Q4 EPS $1.87, annual EPS $7.23; dividend raised 11.1% to $0.50
Q4 net income $18.4M ($1.87 EPS) vs $17.5M ($1.75) a year ago; full year $71.5M ($7.23) vs $65.6M ($6.50).
Bank First completes acquisition of Centre 1 Bancorp, adding trust and wealth management
BFC issued ~1.38M shares at 0.9200 per Centre share in stock-for-stock merger.
Bank First Q3 net income rises to $18.0M ($1.83 EPS); adj. EPS $1.91; declares $0.45 dividend
Net income of $18.0M ($1.83 diluted EPS) vs $16.6M ($1.65) in Q3 2024; nine-month net income $53.1M ($5.36 EPS) vs $48.0M ($4.75).
Bank First Q2 net income $16.9M ($1.71 EPS) up YoY; NIM 3.72%, dividend $0.45
Net income $16.9M ($1.71 EPS) in Q2 2025 vs $16.1M ($1.59 EPS) in Q2 2024, a 5% increase; six-month net income $35.1M.
Bank First agrees to acquire Centre 1 Bancorp for ~$174.3M in all-stock deal
Deal value approximately $174.3M; each Centre share gets 0.9200 BFC shares.
Bank First declares $3.50 special dividend (~$35M), payable May 16
Special cash dividend of $3.50 per share declared; payable May 16, 2025 to holders of record May 9, 2025.
Bank First Q1 2025 net income $18.2M, EPS $1.82, up 20.5% YoY; dividend $0.45
Net income $18.2M ($1.82 EPS) vs $15.4M ($1.51 EPS) in Q1 2024, a 20.53% EPS increase.
Net income for 2024 was $65.6 million, down from $74.5 million in 2023, with EPS of $6.50 vs. $7.28.
Bank First Q4 2024 adjusted EPS $1.74 beats $1.44 YoY; dividend up 28.6%
Net income $17.5M ($1.75 EPS) vs $34.9M ($3.39) YoY; prior year included $38.9M gain on UFS sale.
Bank First posts YTD net income $48.0M, EPS $4.75; new director elected
Net income $48.0M for 9 months ended Sep 30, 2024 vs $39.6M YoY; diluted EPS $4.75 vs $3.86.
Bank First Q3 net income $16.6M, EPS $1.65; dividend raised 12.5% to $0.45
Net income $16.6M ($1.65 per share) for Q3 2024, up from $14.8M ($1.43) in Q3 2023.
Bank First reports H1 EPS $3.10 vs $2.46, net loans up $112M YoY
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.
Bank First Q2 net income $16.1M ($1.59 EPS); dividend raised 14.3% to $0.40
Net income $16.1M ($1.59 EPS) vs $14.1M ($1.37 EPS) in Q2 2023; adjusted EPS $1.56.
Director David R. Sachse retired effective June 17, 2024; Erin A. Davis elected to Board.
Bank First Q1 EPS $1.51 vs $1.09; dividend raised to $0.35/share
Diluted EPS $1.51, net income $15.4M vs $10.7M YoY; one-time costs in prior year reduced EPS by $0.41.
Bank First Q1 net income $15.4M ($1.51/sh); $0.35 dividend, 2.5% share buyback
Net income $15.4M, EPS $1.51 vs $10.7M ($1.09) YoY; adjusted EPS $1.51 vs $1.50.
Bank First renews $30M share buyback, boosts quarterly dividend 16.7% to $0.35
Share repurchase program renewed for up to $30 million through February 2025.
Bank First Q4 net income $34.9M ($3.39 EPS) includes $38.9M UFS sale gain; dividend raised 16.7%
Adjusted net income (non-GAAP) $14.8M ($1.44 EPS) vs $13.9M ($1.54 EPS) a year ago.
Bank First Q3 net income $14.8M ($1.43 EPS); sells UFS stake for $52.2M gain
Net income $14.8M ($1.43 EPS) vs $10.5M ($1.26 EPS) in Q3 2022; adjusted EPS $1.46.
Bank First to sell 49.8% stake in UFS LLC; expects $40M pre-tax gain
Stake sold to an institution focused on tech-enabled business services, which will also purchase remaining UFS for 100% ownership.
Bank First H1 net income $24.8M, EPS $2.46 (down 15% YoY); dividend raised 20% to $0.30
H1 2023 net income $24.8M vs $21.8M in H1 2022; diluted EPS $2.46 vs $2.89, impacted by $0.46/share in one-time Hometown acquisition costs.
Bank First Q2 net income $14.1M ($1.37 EPS); declares $0.30 dividend, up 20% YoY
Net income $14.1M vs $11.7M in Q2 2022; GAAP EPS $1.37 vs $1.55; adjusted EPS $1.41 vs $1.61.
Bank First Q1 EPS $1.09, dividend raised 20% to $0.30
Diluted EPS $1.09 for Q1 2023 vs $1.34 YoY; net income $10.68M.
Bank First Q1 net income $10.7M ($1.09 EPS), adjusted $14.7M ($1.50); dividend raised 20%
Net income $10.7M ($1.09 EPS) vs $10.2M ($1.34) YoY; adjusted net income $14.7M ($1.50) vs $10.5M ($1.38).
Bank First completes Hometown Bancorp acquisition; FY2022 EPS $5.58, declares $0.25 dividend
Merger closed Feb 10, 2023; consideration 87% stock/13% cash; combined assets ~$4.2B, loans ~$3.3B, deposits ~$3.5B.
Bank First closes acquisition of Hometown Bancorp; appoints former Hometown CEO as President
Completed merger with Hometown Bancorp effective Feb 10, 2023; consideration ~87% stock (1.45M BFC shares) and ~13% cash ($15.4M).
Bank First Q4 net income $12.8M, EPS $1.43; raises dividend 13.6% to $0.25/share
Net income $12.8M ($1.43/sh) for Q4 2022 vs $11.2M ($1.46/sh) in Q4 2021; full year $45.2M ($5.58/sh) vs $45.4M ($5.92/sh).
Bank First Corp Q3 net income $32.4M ($4.15 EPS); declares $0.25 dividend; Hometown merger approved
Year-to-date net income $32.4M vs $34.3M prior year; EPS $4.15 vs $4.45; impacted by $5.7M in Denmark acquisition costs.
Bank First Q3 net income $10.5M ($1.26 EPS); closed Denmark Bancshares acquisition
Net income $10.5M vs $11.2M YoY; EPS $1.26 vs $1.46; pre-tax acquisition costs $4.6M reduced EPS by $0.43.
Bank First Corporation completes merger with Denmark Bancshares; files financials
Merger closed Aug 15, 2022; DBI and its bank merged into BFC and Bank First, N.A.
Bank First closes $690M Denmark merger, announces $627.6M Hometown deal; dividend up 13.6%
Completed Denmark Bancshares merger on Aug 12, adding ~$690M in assets and expanding to Shawano County.
On June 16, 2026, Bank First Corporation (the “Company”) elected three new directors to its Board of Directors, including SriRaj Kantamneni, Tracy C. Pearson and William J. Ring, each for a three-year term.
On June 16, 2026, Bank First Corporation (the “Company”) elected three new directors to its Board of Directors, including SriRaj Kantamneni, Tracy C. Pearson and William J. Ring, each for a three-year term.
On June 16, 2026, Bank First Corporation (the “Company”) elected three new directors to its Board of Directors, including SriRaj Kantamneni, Tracy C. Pearson and William J. Ring, each for a three-year term.
Effective June 15, 2026, Bank First Corporation (the “Company”) director Stephen E. Johnson retired from the Board of Directors (the “Board”).
New directors Steven M. Eldred and Todd A. Sprang were elected to the Board.
New directors Steven M. Eldred and Todd A. Sprang were elected to the Board.
Effective June 16, 2025, Bank First Corporation director Laura E. Kohler retired from the Board of Directors (the “Board”).
New directors Daniel C. McConeghy and Michael S. Stayer-Suprick were elected to the Board.
New directors Daniel C. McConeghy and Michael S. Stayer-Suprick were elected to the Board.
Judy L. Heun retired from its Board of Directors, effective February 25, 2025.
On January 27, 2025, Bank First Corporation (the “Company”) announced that its Senior Vice President of Operations, Kristeen Pelot, has resigned from her position at the Company and its wholly owned banking subsidiary, Bank First, N.A.
On October 15, 2024, Bank First Corporation (the “Company”) elected Daniel C. McConeghy to its Board of Directors for a three-year term.
Max materiality 0.80 · Median 0.65 · Most common event earnings