Bank First National (NASDAQ:BFC) Announces Earnings Results

Bank First National (NASDAQ:BFC) released its quarterly earnings data on Tuesday. The company reported $2.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.60 by ($0.25), FiscalAI reports. The firm had revenue of $75.44 million during the quarter, compared to analyst estimates of $65.80 million. Bank First National had a net margin of 27.70% and a return on equity of 12.48%.

Bank First National Stock Up 1.6%

NASDAQ:BFC traded up $2.33 on Tuesday, hitting $148.34. The stock had a trading volume of 60,163 shares, compared to its average volume of 86,541. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $1.65 billion, a P/E ratio of 19.29 and a beta of 0.42. The firm’s fifty day simple moving average is $151.89 and its two-hundred day simple moving average is $147.43. Bank First National has a 1 year low of $119.08 and a 1 year high of $159.10.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BFC shares. Weiss Ratings raised Bank First National from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday. Zacks Research lowered shares of Bank First National from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, Piper Sandler raised their price objective on Bank First National from $157.00 to $161.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Bank First National presently has a consensus rating of “Moderate Buy” and an average price target of $163.00.

Insider Activity

In other news, Director Sistine Peter J. Van sold 1,848 shares of Bank First National stock in a transaction on Friday, September 11th. The stock was sold at an average price of $155.57, for a total transaction of $287,493.36. Following the sale, the director directly owned 7,640 shares in the company, valued at $1,188,554.80. The trade was a 19.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.97% of the stock is currently owned by corporate insiders.

About Bank First National

Bank First Corporation is a Wisconsin-based bank holding company that operates through its subsidiary, Bank First. Headquartered in Manitowoc, Wisconsin, the institution provides banking services to individuals, families, businesses and municipal customers throughout eastern Wisconsin.

Bank First offers deposit accounts, consumer and business loans, mortgage lending, cash-management and treasury services, online and mobile banking, credit and debit cards, and other personal and commercial banking products.