Security
Bank First Corporation Common Stock · BFC
BFCNASDAQCommon stockCurrentCIK 1746109Updated Oct 30, 2026
Name history
Bank First National Corp · through Jun 27, 2019
BFC price & chart
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NASDAQ:BFC on TradingView ↗In the news
Bank First Announces Net Income for the Second Quarter of 2026 ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
EFFECT filing
424B3 filing
S-4/A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 4,420,411,000Source | 4,294,498,000Source | 5,947,512,000Source | 4,365,082,000Source | 4,145,820,000Source | 6,069,013,000Source | 4,505,065,000Source | 4,099,924,000Source | 4,506,095,000Source | 4,495,060,000Source | 4,221,842,000Source | 3,660,432,000Source |
| Property, Plant and Equipment, NetUSD | 78,027,000Source | 69,710,000Source | 96,066,000Source | 75,667,000Source | 68,633,000Source | 93,140,000Source | 72,670,000Source | 69,621,000Source | 79,217,000Source | 71,108,000Source | 69,891,000Source | 56,448,000Source |
| GoodwillUSD | 175,106,000Source | 175,106,000Source | 245,351,000Source | 175,106,000Source | 175,106,000Source | 246,370,000Source | 175,106,000Source | 175,106,000Source | 175,106,000Source | 175,106,000Source | 175,106,000Source | 110,206,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 126,184,000Source | 204,428,000Source | 266,523,000Source | 120,328,000Source | 98,950,000Source | 398,638,000Source | 300,865,000Source | 83,374,000Source | 243,207,000Source | 261,332,000Source | 247,468,000Source | 119,351,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 1,586,000Source | 1,585,000Source | 1,583,000Source | 1,582,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 3,792,286,000Source | 3,665,603,000Source | 5,128,202,000Source | 3,752,749,000Source | 3,531,241,000Source | 5,249,160,000Source | 3,856,651,000Source | 3,490,594,000Source | 3,862,259,000Source | 3,855,377,000Source | 3,602,044,000Source | 3,207,329,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 115,000Source | 115,000Source | 129,000Source | 115,000Source | 115,000Source | 129,000Source | 115,000Source | 115,000Source | 115,000Source | 115,000Source | 115,000Source | 101,000Source |
| Additional Paid in CapitalUSD | 333,285,000Source | 333,303,000Source | 501,251,000Source | 332,734,000Source | 332,763,000Source | 500,627,000Source | 332,250,000Source | 332,224,000Source | 333,836,000Source | 333,842,000Source | 333,815,000Source | 218,263,000Source |
| Retained Earnings (Accumulated Deficit)USD | 403,044,000Source | 384,936,000Source | 449,971,000Source | 389,479,000Source | 372,420,000Source | 431,374,000Source | 411,752,000Source | 359,872,000Source | 416,997,000Source | 398,002,000Source | 348,001,000Source | 295,496,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -6,159,000Source | -6,476,000Source | -8,919,000Source | -7,761,000Source | -9,371,000Source | -9,445,000Source | -8,604,000Source | -9,411,000Source | -5,024,000Source | -9,351,000Source | -8,746,000Source | -15,566,000Source |
| Stockholders' Equity Attributable to ParentUSD | 628,125,000Source | 628,895,000Source | 819,310,000Source | 612,333,000Source | 614,579,000Source | 819,853,000Source | 648,414,000Source | 609,330,000Source | 643,836,000Source | 639,683,000Source | 619,798,000Source | 453,103,000Source |
| Liabilities and EquityUSD | 4,420,411,000Source | 4,294,498,000Source | 5,947,512,000Source | 4,365,082,000Source | 4,145,820,000Source | 6,069,013,000Source | 4,505,065,000Source | 4,099,924,000Source | 4,506,095,000Source | 4,495,060,000Source | 4,221,842,000Source | 3,660,432,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | 19,988,000Source | 18,241,000Source | 71,496,000Source | 65,563,000Source | 74,514,000Source | 45,214,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | — | — | 2,400,000Source | 2,300,000Source | 2,073,000Source | 1,657,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 579,000Source | 551,000Source | 2,136,000Source | 2,172,000Source | 2,142,000Source | 1,662,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 180,000Source | 1,773,000Source | -1,724,000Source | -869,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -11,651,000Source | 6,166,000Source | 62,482,000Source | 65,847,000Source | 52,945,000Source | 40,008,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 238,846,000Source | 31,543,000Source | -15,967,000Source | -252,937,000Source | 268,996,000Source | -177,806,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 5,241,000Source | 2,154,000Source | 11,444,000Source | 7,225,000Source | 13,484,000Source | 6,872,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 3,076,000Source | 6,381,000Source | 22,042,000Source | 31,928,000Source | 10,046,000Source | 14,314,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -71,764,000Source | 1,824,000Source | -64,640,000Source | 200,954,000Source | -193,824,000Source | -39,711,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 126,184,000Source | 204,428,000Source | 266,523,000Source | 120,328,000Source | 398,638,000Source | 300,865,000Source | 243,207,000Source | 261,332,000Source | 247,468,000Source | 119,351,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 19,316,000Source | 18,724,000Source | 71,035,000Source | 65,970,000Source | 44,145,000Source | 11,311,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 2,100,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | — | 1,228,000Source | 1,429,000Source | 2,547,000Source | 1,273,000Source | 2,572,000Source | 1,298,000Source | 5,003,000Source | 5,793,000Source | 6,324,000Source | 2,318,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | 743,000Source | 407,000Source | 1,579,000Source | 1,661,000Source | 1,534,000Source | 925,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | 38,904,000Source | — |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | 482,000Source | 377,000Source | 661,000Source | 338,000Source | 1,076,000Source | 334,000Source | 1,803,000Source | 1,298,000Source | 897,000Source | 1,560,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | -916,000Source | -375,000Source | -363,000Source | -57,000Source |
| GoodwillUSD | — | — | 175,106,000Source | 175,106,000Source | 245,351,000Source | 175,106,000Source | 246,370,000Source | 175,106,000Source | 175,106,000Source | 175,106,000Source | 175,106,000Source | 110,206,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 4,480,000Source | 4,124,000Source | 5,944,000Source | 3,792,000Source | 4,704,000Source | 3,880,000Source | 16,674,000Source | 13,950,000Source | 24,280,000Source | 14,419,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 17,990,000Source | 16,552,000Source | 24,691,000Source | 16,875,000Source | 19,988,000Source | 18,241,000Source | 71,496,000Source | 65,563,000Source | 74,514,000Source | 45,214,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 17,904,000Source | 16,465,000Source | 24,585,000Source | 16,795,000Source | 19,904,000Source | 18,150,000Source | 71,149,000Source | 65,214,000Source | 74,089,000Source | 44,884,000Source |
| Other Interest and Dividend IncomeUSD | — | — | — | — | 2,198,000Source | 1,632,000Source | 2,616,000Source | 2,563,000Source | 5,790,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 88,000Source | 64,000Source | 737,000Source | 245,000Source | 195,000Source | 114,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | 650,000Source | — | — | 200,000Source | — | 400,000Source | 1,250,000Source | -800,000Source | 4,682,000Source | 2,200,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 250,000Source | 400,000Source | — | 550,000Source | — | 400,000Source | 1,200,000Source | 100,000Source | 4,292,000Source | 2,200,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | -31,000Source | — | — | -34,000Source | -7,901,000Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | 341,000Source | 693,000Source | 1,330,000Source | -296,000Source | 693,000Source | 3,028,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 22,470,000Source | 20,676,000Source | 30,635,000Source | 20,667,000Source | 24,692,000Source | 22,121,000Source | 88,170,000Source | 79,513,000Source | 98,794,000Source | 59,633,000Source |
| Income Tax Expense (Benefit)USD | — | — | 4,480,000Source | 4,124,000Source | 5,944,000Source | 3,792,000Source | 4,704,000Source | 3,880,000Source | 16,674,000Source | 13,950,000Source | 24,280,000Source | 14,419,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 17,990,000Source | 16,552,000Source | 24,691,000Source | 16,875,000Source | 19,988,000Source | 18,241,000Source | 71,496,000Source | 65,563,000Source | 74,514,000Source | 45,214,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 1.83Source | 1.65Source | 2.21Source | 1.71Source | 1.78Source | 1.82Source | 7.23Source | 6.5Source | 7.28Source | 5.58Source |
| Earnings Per Share, DilutedUSD per share | — | — | 1.83Source | 1.65Source | 2.21Source | 1.71Source | 1.78Source | 1.82Source | 7.23Source | 6.5Source | 7.28Source | 5.58Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 9,787,275Source | 9,959,556Source | 11,101,854Source | 9,854,306Source | 11,168,335Source | 9,950,970Source | 9,844,073Source | 10,029,901Source | 10,173,210Source | 8,044,906Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 9,808,694Source | 9,980,544Source | 11,116,399Source | 9,868,739Source | 11,187,262Source | 9,972,152Source | 9,867,132Source | 10,054,568Source | 10,198,993Source | 8,069,260Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 1,228,000Source | 1,429,000Source | 2,547,000Source | 1,273,000Source | 2,572,000Source | 1,298,000Source | 5,003,000Source | 5,793,000Source | 6,324,000Source | 2,318,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | — | — | — | — | 743,000Source | 407,000Source | 1,579,000Source | 1,661,000Source | 1,534,000Source | 925,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | — | — | — | — | — | — | — | — | — | 0.94Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | — | — | — | — | — | — | — | 38,904,000Source | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 49,003,000Source | 12,449,000Source |
| InterestExpenseOperatingUSD | — | — | 17,203,000Source | 18,149,000Source | 20,686,000Source | 17,873,000Source | 20,389,000Source | 18,511,000Source | 70,057,000Source | 68,605,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 38,253,000Source | 35,883,000Source | 55,033,000Source | 36,702,000Source | 53,216,000Source | 36,537,000Source | 151,658,000Source | 137,800,000Source | 133,480,000Source | 104,085,000Source |
| Labor and Related ExpenseUSD | — | — | 10,498,000Source | 10,118,000Source | 16,822,000Source | 10,427,000Source | 21,789,000Source | 10,985,000Source | 42,475,000Source | 40,901,000Source | 40,355,000Source | 33,155,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 17,904,000Source | 16,465,000Source | 24,585,000Source | 16,795,000Source | 19,904,000Source | 18,150,000Source | 71,149,000Source | 65,214,000Source | 74,089,000Source | 44,884,000Source |
| Other Interest and Dividend IncomeUSD | — | — | — | — | 2,198,000Source | 1,632,000Source | 2,616,000Source | 2,563,000Source | 5,790,000Source | — | — | — |
| Realized Investment Gains (Losses)USD | — | — | — | — | — | — | -31,000Source | — | — | -34,000Source | -7,901,000Source | — |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 86,000Source | 87,000Source | 106,000Source | 80,000Source | 84,000Source | 91,000Source | 347,000Source | 349,000Source | 425,000Source | 330,000Source |
Offerings
Registration 333-297546
Registration 333-290230
Filing attachments
tm2627817d1_ex99-1.htm · 8-K · 2026-10-20
Exhibit 99.1 PO Box 10, Manitowoc, WI 54221-0010 For further information, contact: Kevin M LeMahieu, Chief Financial Officer Phone: (920) 652-3100 / klemahieu@bankfirst.com NEWS release [For Immediate Release] Bank First Announces Net Income for the Third Quarter of 2026 Net income of $23.8 million and $68.5 million for the three and nine months ended September 30, 2026, respectively Earnings per common share of $2.15 and $6.14 for the three and nine months ended Se…
Read attachment ↗tm2620547d4_ex99-1.htm · S-4/A · 2026-07-30
EX-99.1 7 tm2620547d4_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 2026 PSB HOLDINGS, INC. PLEASE DO NOT RETURN THE PROXY CARD IF YOU ARE VOTING ELECTRONICALLY. Signature_______________________________ Signature, if held jointly_______________________________ Date_____________, 2026 Note: Please sign exactly as name appears hereon. Where more than one owner is shown on your stock certificate, each owner must sign. Persons signing in a fiduciary or representative capacity shall give fu…
Read attachment ↗tm2620547d4_ex99-2.htm · S-4/A · 2026-07-30
EX-99.2 8 tm2620547d4_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Consent of Raymond James & Associates, Inc. Raymond James & Associates, Inc. (“Raymond James”) consents to (i) the inclusion and description of our opinion letter dated May 19, 2026 to the Board of Directors of PSB Holdings, Inc. (the “Company”) included as Exhibit 99.2 to the Proxy Statement / Prospectus of the Company which forms a part of the Amendment No. 1 to the Registration Statement on Form S-4 of Bank First Corporation dat…
Read attachment ↗tm2621108d1_ex99-1.htm · 8-K/A · 2026-07-22
EX-99.1 2 tm2621108d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PO Box 10, Manitowoc, WI 54221-0010 For further information, contact: Kevin M LeMahieu, Chief Financial Officer Phone: (920) 652-3100 / klemahieu@bankfirst.com NEWS release [For Immediate Release] Bank First Announces Net Income for the Second Quarter of 2026 Net income of $24.7 million and $44.7 million for the three and six months ended June 30, 2026, respectively Earnings per common share of $2.21 and $3.…
Read attachment ↗tm2620919d1_ex99-1.htm · 8-K · 2026-07-21
EX-99.1 2 tm2620919d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PO Box 10, Manitowoc, WI 54221-0010 For further information, contact: Kevin M LeMahieu, Chief Financial Officer Phone: (920) 652-3100 / klemahieu@bankfirst.com NEWS release [For Immediate Release] Bank First Announces Net Income for the Second Quarter of 2026 Net income of $24.7 million and $44.7 million for the three and six months ended June 30, 2026, respectively Earnings per common share of $2.21 and…
Read attachment ↗tm2620547d2_ex99-2.htm · S-4 · 2026-07-17
EX-99.2 4 tm2620547d2_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Consent of Raymond James & Associates, Inc. Raymond James & Associates, Inc. (“Raymond James”) consents to (i) the inclusion and description of our opinion letter dated May 19, 2026 to the Board of Directors of PSB Holdings, Inc. (the “Company”) included as Exhibit 99.2 to the Proxy Statement / Prospectus of the Company which forms a part of the Registration Statement on Form S-4 of Bank First Corporation (the “Registration Stateme…
Read attachment ↗