Susquehanna International Group LLP Has $1.09 Million Stock Holdings in Bank First National Corporation $BFC

Susquehanna International Group LLP reduced its stake in Bank First National Corporation (NASDAQ:BFC) by 61.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,376 shares of the company’s stock after selling 11,754 shares during the quarter. Susquehanna International Group LLP owned about 0.07% of Bank First National worth $1,094,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Bank First National in the 2nd quarter worth approximately $121,853,000. Vanguard Group Inc. lifted its holdings in Bank First National by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 598,817 shares of the company’s stock valued at $72,948,000 after buying an additional 10,052 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Bank First National by 2,452,855.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 490,591 shares of the company’s stock valued at $59,764,000 after acquiring an additional 490,571 shares during the last quarter. Geode Capital Management LLC boosted its position in Bank First National by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 247,275 shares of the company’s stock valued at $30,127,000 after acquiring an additional 8,308 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Bank First National by 21.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 159,678 shares of the company’s stock worth $21,565,000 after acquiring an additional 27,953 shares during the period. Institutional investors and hedge funds own 29.95% of the company’s stock.

Bank First National Stock Performance

Shares of Bank First National stock opened at $152.81 on Monday. The stock has a market capitalization of $1.69 billion, a PE ratio of 19.87 and a beta of 0.41. Bank First National Corporation has a 52 week low of $119.08 and a 52 week high of $159.10. The stock has a 50 day moving average price of $150.91 and a two-hundred day moving average price of $144.20. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.93 and a current ratio of 0.93.

Bank First National (NASDAQ:BFC) last issued its earnings results on Tuesday, July 21st. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $65.03 million for the quarter, compared to analysts’ expectations of $65.25 million. Bank First National had a return on equity of 12.48% and a net margin of 27.70%. As a group, equities analysts anticipate that Bank First National Corporation will post 9.91 earnings per share for the current fiscal year.

Bank First National Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.6%. This is an increase from Bank First National’s previous quarterly dividend of $0.55. Bank First National’s dividend payout ratio is presently 28.61%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Bank First National from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings downgraded Bank First National from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday. Zacks Research raised Bank First National from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Piper Sandler increased their price target on Bank First National from $157.00 to $161.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Hovde Group raised their price objective on shares of Bank First National from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $163.00.

Bank First National Company Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.