Symbols / BFC Stock $144.19 +1.66% Bank First Corporation

Financial Services • Banks - Regional • United States • NCM
BFC (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Michael B. Molepske
Exch · Country NCM · United States
Market Cap 1.62B
Enterprise Value 1.34B
Income 72.90M
Sales 193.62M
FCF (ttm) —
Book/sh 73.06
Cash/sh 35.52
Employees 546
Insider 10d —
IPO Oct 15, 2003
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 24.90%
P/E 19.94
Forward P/E 13.83
PEG 0.10
P/S 8.36
P/B 1.97
P/C —
EV/EBITDA —
EV/Sales 6.94
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 7.23
EPS next Y 10.43
EPS Growth -2.10%
Revenue Growth 49.10%
EPS Gr Q/Q 9.60%
Rev Gr Q/Q —
Earnings (next) 2026-04-16
Earnings (prior) 2026-04-16
ROA 1.39%
ROE 9.98%
ROIC —
Gross Margin 0.00%
Oper. Margin 42.87%
Profit Margin 37.83%
Shs Outstand 11.22M
Shs Float 10.11M
Insider Own 9.49%
Instit Own 33.60%
Short Float 3.42%
Short Ratio 3.92
Short Interest 371.92K
52W High 153.00
vs 52W High -5.76%
52W Low 108.00
vs 52W Low 33.51%
Beta 0.40
Impl. Vol. —
Rel Volume 1.06
Avg Volume 96.27K
Volume 101.97K
Target (mean) $158.50
Tgt Median $158.50
Tgt Low $157.00
Tgt High $160.00
# Analysts 2
Recom Buy
Prev Close $141.83
Price $144.19
Change 1.66%
About

Bank First Corporation operates as a holding company for Bank First, N.A. that provides consumer and commercial financial services to businesses, professionals, and consumers, in Wisconsin. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. The company also provides loan products include real estate loans, including commercial real estate, residential mortgage, and home equity loans; commercial and industrial loans for working capital, accounts receivable, inventory financing, and other business purposes; construction and development loans; residential 1-4 family loans; and consumer loans for personal and household purposes, including secured and unsecured installment loans, and revolving lines of credit. In addition, it provides credit cards; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services. The company was formerly known as Bank First National Corporation and changed its name to Bank First Corporation in June 2019. Bank First Corporation was founded in 1894 and is headquartered in Manitowoc, Wisconsin.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$158.50
Mean price target
2. Current target
$144.19
Latest analyst target
3. DCF / Fair value
$108.45
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$144.19
Low
$157.00
High
$160.00
Mean
$158.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-20 main Piper Sandler Neutral → Neutral $157
2026-01-26 main Piper Sandler Neutral → Neutral $150
2025-10-23 main Piper Sandler Neutral → Neutral $142
2025-07-21 main Piper Sandler Neutral → Neutral $137
2025-05-06 up Hovde Group Market Perform → Outperform —
2025-04-17 main Piper Sandler Neutral → Neutral $111
2024-10-17 main Piper Sandler Neutral → Neutral $104
2024-07-18 main Piper Sandler Neutral → Neutral $99
2024-04-18 main Piper Sandler Neutral → Neutral $87
2024-01-18 main Piper Sandler Neutral → Neutral $93
2023-01-12 down Piper Sandler Overweight → Neutral $95
2022-04-21 up Piper Sandler Neutral → Overweight $84
2020-09-29 main Piper Sandler — → Neutral $60
2020-05-19 main Piper Sandler — → Neutral $60
2019-03-07 init Piper Sandler — → Hold —
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-22 SPRANG TODD A. Director — 450 $138.96 $62,532
2026-04-21 STAYER-SUPRICK MICHAEL S Director — 225 $140.04 $31,509
2026-04-09 LEMAHIEU KEVIN M Chief Financial Officer — 1,785 $142.61 $254,559
2026-03-06 JOHNSON STEPHEN E. Director — 407 $135.23 $55,039
2026-03-06 MOLEPSKE MICHAEL B. Chief Executive Officer — 4,470 $135.23 $604,478
2026-03-06 VAN SISTINE PETER J Director — 407 $135.23 $55,039
2026-03-06 LEMAHIEU KEVIN M Chief Financial Officer — 2,316 $135.23 $313,193
2026-03-06 GREGORSKI ROBERT D. Director — 407 $135.23 $55,039
2026-03-06 BOURBULAS MARY-KAY Director — 407 $135.23 $55,039
2026-03-06 MAPLES PHILLIP R Director — 407 $135.23 $55,039
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
170.12
+10.01%
154.64
+12.49%
137.47
+16.19%
118.32
Operating Revenue
170.12
+10.01%
154.64
+12.49%
137.47
+16.19%
118.32
Selling General And Administration
44.96
+4.41%
43.06
+1.30%
42.51
+23.14%
34.52
Selling And Marketing Expense
0.18
-43.77%
0.31
-3.99%
0.33
+20.30%
0.27
General And Administrative Expense
44.78
+4.76%
42.75
+1.34%
42.19
+23.16%
34.25
Salaries And Wages
42.48
+3.85%
40.90
+1.35%
40.35
+21.72%
33.16
Other Gand A
—
—
—
7.09
Reconciled Depreciation
7.42
-7.77%
8.05
-4.18%
8.40
+111.30%
3.97
Total Unusual Items
0.16
-77.09%
0.69
-98.11%
36.77
+25085.62%
0.15
Total Unusual Items Excluding Goodwill
0.16
-77.09%
0.69
-98.11%
36.77
+25085.62%
0.15
Special Income Charges
0.00
0.00
-100.00%
38.90
0.00
Other Special Charges
—
—
—
0.72
Net Income
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Pretax Income
88.17
+10.89%
79.51
-19.52%
98.79
+65.67%
59.63
Net Interest Income
151.66
+10.06%
137.80
+3.24%
133.48
+28.24%
104.08
Interest Expense
70.06
+2.12%
68.61
+40.00%
49.00
+293.63%
12.45
Interest Income
221.72
+7.42%
206.41
+13.11%
182.48
+56.59%
116.53
Gain On Sale Of Security
0.28
+184.38%
-0.33
+95.56%
-7.51
-361.99%
2.87
Gain On Sale Of Business
0.00
0.00
-100.00%
38.90
0.00
Tax Provision
16.67
+19.53%
13.95
-42.55%
24.28
+68.39%
14.42
Tax Rate For Calcs
0.00
+7.79%
0.00
-28.68%
0.00
+1.74%
0.00
Tax Effect Of Unusual Items
0.03
-75.30%
0.12
-98.65%
9.05
+25523.54%
0.04
Net Income Including Noncontrolling Interests
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Net Income From Continuing Operation Net Minority Interest
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Net Income From Continuing And Discontinued Operation
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Net Income Continuous Operations
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Normalized Income
71.37
+9.81%
64.99
+38.90%
46.79
+3.74%
45.10
Net Income Common Stockholders
71.15
+9.10%
65.21
-11.98%
74.09
+65.07%
44.88
Otherunder Preferred Stock Dividend
0.35
-0.57%
0.35
-17.88%
0.42
+28.79%
0.33
Diluted EPS
—
6.50
-10.71%
7.28
+30.47%
5.58
Basic EPS
—
6.50
-10.71%
7.28
+30.47%
5.58
Basic Average Shares
—
10.09
-0.85%
10.17
+26.46%
8.04
Diluted Average Shares
—
10.09
-1.10%
10.20
+26.39%
8.07
Diluted NI Availto Com Stockholders
71.15
+9.10%
65.21
-11.98%
74.09
+65.07%
44.88
Amortization
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Amortization Of Intangibles Income Statement
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Depreciation Amortization Depletion Income Statement
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Depreciation And Amortization In Income Statement
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Insurance And Claims
2.31
+24.86%
1.85
+1.04%
1.83
+66.76%
1.10
Occupancy And Equipment
7.85
+31.76%
5.96
+5.06%
5.67
+3.71%
5.47
Other Non Interest Expense
26.80
+8.90%
24.61
+4.39%
23.58
+19.15%
19.79
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
4,506.10
+0.25%
4,495.06
+6.47%
4,221.84
+15.34%
3,660.43
Cash And Cash Equivalents
243.21
-6.94%
261.33
+5.60%
247.47
+107.34%
119.35
Cash Financial
55.34
-6.45%
59.16
-15.45%
69.97
+35.81%
51.52
Other Short Term Investments
94.04
-57.84%
223.06
+39.44%
159.97
-47.56%
305.03
Net PPE
79.22
+11.40%
71.11
+1.74%
69.89
+23.81%
56.45
Gross PPE
95.78
+11.81%
85.67
+3.04%
83.14
+22.56%
67.83
Accumulated Depreciation
-16.57
-13.78%
-14.56
-9.92%
-13.24
-16.36%
-11.38
Land And Improvements
12.12
+9.33%
11.08
-18.48%
13.59
+42.51%
9.54
Buildings And Improvements
74.62
+12.90%
66.10
+8.73%
60.79
+21.06%
50.22
Machinery Furniture Equipment
7.46
+8.01%
6.90
-3.70%
7.17
+10.38%
6.50
Other Properties
1.59
+0.06%
1.58
+0.13%
1.58
+0.06%
1.58
Goodwill And Other Intangible Assets
204.96
-2.25%
209.68
-2.82%
215.77
+57.94%
136.62
Goodwill
175.11
+0.00%
175.11
+0.00%
175.11
+58.89%
110.21
Other Intangible Assets
29.85
-13.66%
34.57
-14.98%
40.66
+53.97%
26.41
Investments And Advances
327.20
-16.22%
390.55
+30.27%
299.81
-26.95%
410.41
Long Term Equity Investment
35.44
+3.96%
34.09
+3.54%
32.93
-25.47%
44.18
Total Liabilities Net Minority Interest
3,862.26
+0.18%
3,855.38
+7.03%
3,602.04
+12.31%
3,207.33
Current Debt And Capital Lease Obligation
30.00
—
—
—
Current Debt
30.00
—
—
—
Other Current Borrowings
30.00
—
—
—
Long Term Debt And Capital Lease Obligation
91.97
-37.60%
147.37
+186.75%
51.39
+102.11%
25.43
Long Term Debt
91.97
-37.60%
147.37
+186.75%
51.39
+102.11%
25.43
Stockholders Equity
643.84
+0.65%
639.68
+3.21%
619.80
+36.79%
453.10
Common Stock Equity
643.84
+0.65%
639.68
+3.21%
619.80
+36.79%
453.10
Capital Stock
0.12
+0.00%
0.12
+0.00%
0.12
+13.86%
0.10
Common Stock
0.12
+0.00%
0.12
+0.00%
0.12
+13.86%
0.10
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
11.52
+0.00%
11.52
+0.00%
11.52
+14.41%
10.06
Ordinary Shares Number
9.83
-1.77%
10.01
-3.41%
10.37
+14.89%
9.02
Treasury Shares Number
1.68
+11.81%
1.50
+30.70%
1.15
+10.24%
1.04
Additional Paid In Capital
333.84
0.00%
333.84
+0.01%
333.81
+52.94%
218.26
Retained Earnings
417.00
+4.77%
398.00
+14.37%
348.00
+17.77%
295.50
Gains Losses Not Affecting Retained Earnings
-5.02
+46.27%
-9.35
-6.92%
-8.75
+43.81%
-15.57
Treasury Stock
102.09
+23.11%
82.92
+55.33%
53.39
+18.14%
45.19
Total Equity Gross Minority Interest
643.84
+0.65%
639.68
+3.21%
619.80
+36.79%
453.10
Total Capitalization
735.80
-6.51%
787.05
+17.26%
671.19
+40.26%
478.53
Invested Capital
765.80
-2.70%
787.05
+17.26%
671.19
+40.26%
478.53
Total Debt
121.97
-17.24%
147.37
+186.75%
51.39
+102.11%
25.43
Net Tangible Assets
438.88
+2.06%
430.00
+6.43%
404.03
+27.66%
316.49
Tangible Book Value
438.88
+2.06%
430.00
+6.43%
404.03
+27.66%
316.49
Available For Sale Securities
116.45
+414.28%
22.64
+5.98%
21.37
+29.53%
16.50
Cash Cash Equivalents And Federal Funds Sold
243.21
-6.94%
261.33
+5.60%
247.47
+107.34%
119.35
Held To Maturity Securities
81.27
-26.62%
110.76
+29.46%
85.55
+91.36%
44.71
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
62.48
-5.11%
65.85
+24.37%
52.95
+32.34%
40.01
Cash Flow From Continuing Operating Activities
62.48
-5.11%
65.85
+24.37%
52.95
+32.34%
40.01
Net Income From Continuing Operations
71.50
+9.05%
65.56
-12.01%
74.51
+64.80%
45.21
Depreciation Amortization Depletion
7.42
-7.77%
8.05
-4.18%
8.40
+111.30%
3.97
Depreciation
2.42
+7.32%
2.25
+8.68%
2.07
+25.18%
1.66
Amortization Cash Flow
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Depreciation And Amortization
7.42
-7.77%
8.05
-4.18%
8.40
+111.30%
3.97
Amortization Of Intangibles
5.00
-13.64%
5.79
-8.40%
6.32
+172.82%
2.32
Other Non Cash Items
-7.31
-33.61%
-5.47
+35.20%
-8.45
-70.23%
-4.96
Stock Based Compensation
2.14
-1.66%
2.17
+1.40%
2.14
+28.88%
1.66
Deferred Tax
0.18
-89.85%
1.77
+202.84%
-1.72
-98.39%
-0.87
Deferred Income Tax
0.18
-89.85%
1.77
+202.84%
-1.72
-98.39%
-0.87
Operating Gains Losses
-4.80
-9.36%
-4.39
+88.04%
-36.72
-416.08%
-7.12
Gain Loss On Investment Securities
0.00
-100.00%
0.03
-99.57%
7.90
0.00
Gain Loss On Sale Of PPE
0.92
+144.27%
0.38
+3.31%
0.36
+536.84%
0.06
Change In Working Capital
-4.48
-289.23%
2.37
-81.03%
12.48
+3136.50%
-0.41
Change In Other Current Assets
-1.23
+58.88%
-2.99
-49.25%
-2.01
-169.73%
2.88
Change In Other Current Liabilities
-2.48
-142.33%
5.85
-63.26%
15.92
+761.40%
-2.41
Cash Flow From Continuing Investing Activities
-15.97
+93.69%
-252.94
-194.03%
269.00
+251.29%
-177.81
Net PPE Purchase And Sale
-11.44
-136.18%
-4.84
+64.07%
-13.48
-96.22%
-6.87
Purchase Of PPE
-11.44
-58.39%
-7.22
+46.42%
-13.48
-96.22%
-6.87
Sale Of PPE
0.00
-99.96%
2.38
0.00
0.00
Capital Expenditure
-11.44
-58.39%
-7.22
+46.42%
-13.48
-96.22%
-6.87
Net Investment Purchase And Sale
74.55
+187.05%
-85.65
-137.56%
228.05
+278.55%
-127.72
Purchase Of Investment
-212.75
+29.60%
-302.21
-1034.16%
-26.65
+81.29%
-142.41
Sale Of Investment
287.30
+32.66%
216.56
-14.97%
254.70
+1633.81%
14.69
Net Business Purchase And Sale
0.00
0.00
-100.00%
89.96
-41.72%
154.36
Gain Loss On Sale Of Business
0.00
0.00
+100.00%
-38.90
0.00
Net Other Investing Changes
3.02
-26.01%
4.08
+327.53%
-1.79
+54.57%
-3.94
Financing Cash Flow
-64.64
-132.17%
200.95
+203.68%
-193.82
-388.09%
-39.71
Cash Flow From Continuing Financing Activities
-64.64
-132.17%
200.95
+203.68%
-193.82
-388.09%
-39.71
Net Issuance Payments Of Debt
-25.51
-126.61%
95.88
+983.96%
8.85
+1100.57%
-0.88
Issuance Of Debt
220.00
+57.14%
140.00
+15.04%
121.70
-96.11%
3,128.70
Repayment Of Debt
-245.51
-456.40%
-44.12
+60.90%
-112.86
+96.39%
-3,129.58
Long Term Debt Issuance
220.00
+57.14%
140.00
+15.04%
121.70
-96.11%
3,128.70
Long Term Debt Payments
-245.51
-456.40%
-44.12
+60.90%
-112.86
+96.39%
-3,129.58
Net Long Term Debt Issuance
-25.51
-126.61%
95.88
+983.96%
8.85
+1100.57%
-0.88
Net Common Stock Issuance
-21.30
+32.76%
-31.68
-221.62%
-9.85
+30.63%
-14.20
Common Stock Payments
-22.04
+30.96%
-31.93
-217.82%
-10.05
+29.82%
-14.31
Common Stock Dividend Paid
-52.50
-237.37%
-15.56
-30.13%
-11.96
-52.89%
-7.82
Cash Dividends Paid
-52.50
-237.37%
-15.56
-30.13%
-11.96
-52.89%
-7.82
Repurchase Of Capital Stock
-22.04
+30.96%
-31.93
-217.82%
-10.05
+29.82%
-14.31
Changes In Cash
-18.12
-230.73%
13.86
-89.18%
128.12
+172.17%
-177.51
Beginning Cash Position
261.33
+5.60%
247.47
+107.34%
119.35
-59.80%
296.86
End Cash Position
243.21
-6.94%
261.33
+5.60%
247.47
+107.34%
119.35
Free Cash Flow
51.04
-12.94%
58.62
+48.56%
39.46
+19.09%
33.14
Interest Paid Supplemental Data
71.03
+7.68%
65.97
+49.44%
44.15
+290.28%
11.31
Income Tax Paid Supplemental Data
15.87
+12.66%
14.09
-40.83%
23.81
+68.42%
14.13
Amortization Of Securities
-3.41
+0.06%
-3.41
-43.50%
-2.38
-854.60%
0.32
Common Stock Issuance
0.74
+200.82%
0.24
+25.64%
0.20
+71.05%
0.11
Dividends Received CFI
2.56
+9.81%
2.33
-36.39%
3.67
-15.96%
4.37
Earnings Losses From Equity Investments
-3.92
-11.79%
-3.50
+32.49%
-5.19
+7.59%
-5.61
Issuance Of Capital Stock
0.74
+200.82%
0.24
+25.64%
0.20
+71.05%
0.11
Sale Of Business
0.00
0.00
-100.00%
89.96
-41.72%
154.36
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
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