BFC - Bank First Corp Stock Price, Fair Value and News

78.54USD-0.74 (-0.93%)Market Closed

Market Summary

USD78.54-0.74

Market Closed

-0.93%

BFC Alerts

1 major insider buys recently.

BFC Stock Price

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BFC RSI Chart

BFC Valuation

Market Cap

804.1M

Price/Earnings (Trailing)

10.79

Price/Sales (Trailing)

4.41

EV/EBITDA

2.4

Price/Free Cashflow

20.38

BFC Price/Sales (Trailing)

BFC Profitability

EBT Margin

54.14%

Return on Equity

12.02%

Return on Assets

1.76%

Free Cashflow Yield

4.91%

BFC Fundamentals

BFC Revenue

Revenue (TTM)

182.5M

Rev. Growth (Yr)

36.11%

Rev. Growth (Qtr)

3.56%

BFC Earnings

Earnings (TTM)

74.5M

Earnings Growth (Yr)

171.71%

Earnings Growth (Qtr)

135.73%

Breaking Down BFC Revenue

Last 7 days

1.2%

Last 30 days

-3.4%

Last 90 days

-10.8%

Trailing 12 Months

17.7%

How does BFC drawdown profile look like?

BFC Financial Health

BFC Investor Care

Dividend Yield

1.45%

Dividend/Share (TTM)

1.15

Buy Backs (1Y)

3.24%

Diluted EPS (TTM)

7.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	133.2M	153.3M	169.6M	182.5M
2022	98.2M	100.0M	105.8M	116.5M
2021	101.8M	101.5M	100.4M	98.4M
2020	92.7M	97.0M	97.4M	100.7M
2019	78.4M	79.1M	85.1M	89.2M
2018	61.3M	68.7M	75.6M	77.9M
2017	46.9M	49.1M	51.3M	53.5M
2016	0	0	0	44.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Bank First Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	bourbulas mary kay	bought	49,725	82.875	600	-
Mar 01, 2024	van sistine peter j.	acquired	55,029	85.85	641	-
Mar 01, 2024	lemahieu kevin m.	acquired	218,402	85.85	2,544	chief financial officer
Mar 01, 2024	molepske michael b.	acquired	421,352	85.85	4,908	chairman and ceo
Mar 01, 2024	kohler laura e	acquired	55,029	85.85	641	-
Mar 01, 2024	gregorski robert d.	acquired	55,029	85.85	641	-
Mar 01, 2024	krepline jason v	acquired	130,063	85.85	1,515	chief lending officer
Mar 01, 2024	maples phillip r	acquired	55,029	85.85	641	-
Mar 01, 2024	krepline jason v	sold (taxes)	-97,697	85.85	-1,138	chief lending officer
Mar 01, 2024	johnson stephen e	acquired	55,029	85.85	641	-

Which funds bought or sold BFC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-59.31	-41,000	27,000	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	23.86	150,532	781,070	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	47,056	428,794	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	unchanged	-	24.00	208,008	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	sold off	-100	-533,132	-	-%
Apr 18, 2024	McGlone Suttner Wealth Management, Inc.	unchanged	-	48.00	422,516	0.08%
Apr 15, 2024	Wealthcare Advisory Partners LLC	new	-	2,053,750	2,053,750	0.07%
Apr 15, 2024	THOMPSON INVESTMENT MANAGEMENT, INC.	unchanged	-	71.00	615,444	0.09%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	added	0.05	268	535,837	-%
Apr 10, 2024	Legacy Private Trust Co.	unchanged	-	36.00	316,778	0.02%

Are Funds Buying or Selling BFC?

Are funds buying BFC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BFC

No. of Funds

BFC Alerts

1 major insider buys recently.

Unveiling Bank First Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 26, 2024	blackrock inc.	6.7%	696,520	SC 13G/A
Feb 03, 2023	blackrock inc.	6.0%	538,986	SC 13G
Sep 08, 2022	blackrock inc.	4.9%	443,502	SC 13G
Feb 03, 2022	blackrock inc.	6.1%	464,475	SC 13G/A
Feb 02, 2021	blackrock inc.	5.9%	454,134	SC 13G
Jun 09, 2020	blackrock inc.	4.96%	383,568	SC 13G/A
Feb 07, 2020	blackrock inc.	5.4%	382,964	SC 13G

Recent SEC filings of Bank First Corp

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Apr 16, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 13, 2024	3	Insider Trading
Mar 12, 2024	4/A	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Bank First Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.1B	171.1B	-2.31%	36.49%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.56%	28.93%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.72%	47.09%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	3.01%	27.78%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	-0.51%	22.27%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-2.00%	32.35%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.92%	23.45%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.71%	47.68%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.85%	41.72%	12.28	2.58	43.24%	-22.35%
ASB	3.2B	2.0B	3.40%	20.85%	17.57	1.64	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.1M	164.9M	-1.69%	36.50%	35.41	2.51	42.66%	-70.76%
AROW	383.2M	162.6M	-4.81%	4.19%	12.74	2.36	25.39%	-38.37%
ACNB	291.3M	96.6M	-3.52%	8.70%	9.19	3.01	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.56%	-9.83%	-13.48	0.74	24.06%	-144.92%

Bank First Corp News

Latest updates

Bank First Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.6%	49.00	47.00	46.00	41.00	36.00	31.00	26.00	24.00	25.00	25.00	24.00	24.00	27.00	26.00	24.00	23.00	24.00	25.00	20.00	20.00	20.00
EBITDA Margin	7.5%	1.27*	1.18*	1.23*	1.31*	1.40*	1.46*	1.50*	1.51*	1.53*	1.52*	1.50*	1.44*	1.36*	-	-	-	-	-	-	-	-
Interest Expenses	-3.4%	33.00	34.00	34.00	32.00	31.00	28.00	23.00	22.00	23.00	23.00	22.00	22.00	24.00	23.00	21.00	19.00	19.00	20.00	15.00	15.00	16.00
Income Taxes	128.6%	11.00	5.00	5.00	4.00	4.00	3.00	4.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	2.00	2.00	2.00	2.00	2.00	1.00
Earnings Before Taxes	134.0%	46.00	20.00	19.00	14.00	17.00	14.00	15.00	14.00	15.00	15.00	15.00	15.00	16.00	14.00	11.00	9.00	10.00	8.00	8.00	9.00	7.00
EBT Margin	32.0%	0.54*	0.41*	0.42*	0.45*	0.51*	0.54*	0.58*	0.59*	0.61*	0.61*	0.60*	0.55*	0.50*	-	-	-	-	-	-	-	-
Net Income	135.7%	35.00	15.00	14.00	11.00	13.00	11.00	12.00	10.00	11.00	11.00	12.00	12.00	12.00	11.00	8.00	7.00	7.00	7.00	6.00	7.00	6.00
Net Income Margin	32.0%	0.41*	0.31*	0.31*	0.34*	0.39*	0.41*	0.44*	0.45*	0.46*	0.46*	0.45*	0.42*	0.38*	-	-	-	-	-	-	-	-
Free Cashflow	40.3%	18.00	13.00	7.00	1.00	18.00	7.00	7.00	1.00	10.00	12.00	5.00	5.00	19.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.3%	4,222	4,088	4,092	4,167	3,660	3,641	2,961	2,925	2,938	2,847	2,819	2,846	2,718	2,639	2,658	2,200	2,210	2,164	1,806	1,805	1,793
Cash Equivalents	226.6%	247	76.00	111	170	119	143	44.00	107	297	300	251	261	170	81.00	177	54.00	86.00	118	126	109	108
Net PPE	-1.6%	70.00	71.00	67.00	64.00	56.00	57.00	51.00	50.00	49.00	44.00	44.00	44.00	43.00	41.00	40.00	37.00	35.00	32.00	28.00	27.00	24.00
Goodwill	0%	175	175	175	175	110	112	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	55.00	43.00	43.00	43.00	28.00	15.00	-
Liabilities	2.6%	3,602	3,510	3,521	3,605	3,207	3,201	2,647	2,607	2,615	2,531	2,508	2,543	2,423	2,353	2,382	1,963	1,980	1,938	1,621	1,626	1,619
Shareholder's Equity	7.4%	620	577	571	562	453	439	314	318	323	315	311	303	295	286	276	238	230	225	185	179	174
Retained Earnings	10.1%	348	316	305	294	295	285	277	267	258	249	241	231	221	211	202	195	189	184	178	174	168
Additional Paid-In Capital	0.2%	334	333	333	332	218	218	93.00	92.00	93.00	93.00	92.00	92.00	93.00	93.00	92.00	63.00	63.00	63.00	27.00	27.00	28.00
Shares Outstanding	-0.1%	10.00	10.00	10.00	10.00	9.00	9.00	7.00	8.00	8.00	8.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	815	-	-	-	527	-	-	-	536	-	-	-	496	-	-	-	453	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	16.1%	20,302	17,480	11,049	4,114	20,013	9,922	7,586	2,487	15,620	13,025	5,505	6,133	21,642	3,333	21,102	-2,114	13,508	6,930	3,604	-1,394	12,886
Share Based Compensation	0%	561	561	564	456	447	448	447	320	360	363	366	304	287	283	296	215	174	177	182	152	146
Cashflow From Investing	333.9%	82,503	-35,266	16,191	205,568	-38,576	150,346	-103,525	-186,051	-95,141	22,450	19,927	-41,122	12,794	-74,704	-125,483	-18,635	-82,661	-38,241	18,677	-3,928	16,320
Cashflow From Financing	487.8%	68,887	-17,764	-85,605	-159,342	-5,527	-60,812	32,565	-5,937	76,428	13,407	-35,535	125,944	55,031	-25,108	227,459	-11,550	37,204	23,838	-5,585	6,757	43,221
Buy Backs	-9.3%	941	1,037	1,341	6,727	1.00	2,071	7,224	5,018	1,741	3,271	2,858	402	1,283	116	-	2,968	-	1,555	161	2,489	2,384

BFC Income Statement

2023-12-31

Consolidated Statements of Income - USD ($)	12 Months Ended
Consolidated Statements of Income - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans, including fees	$ 168,815,000	$ 106,951,000	$ 93,422,000
Securities:
Taxable	8,460,000	5,887,000	2,788,000
Tax-exempt	1,035,000	1,801,000	1,866,000
Other	4,173,000	1,895,000	310,000
Total interest income	182,483,000	116,534,000	98,386,000
Interest expense:
Deposits	42,367,000	10,268,000	7,527,000
Securities sold under repurchase agreements	1,813,000	542,000	10,000
Borrowed funds	4,823,000	1,639,000	767,000
Total interest expense	49,003,000	12,449,000	8,304,000
Net interest income	133,480,000	104,085,000	90,082,000
Provision for credit losses	4,682,000	2,200,000	3,100,000
Net interest income after provision for credit losses	128,798,000	101,885,000	86,982,000
Noninterest income:
Service charges	7,033,000	5,810,000	6,128,000
Income from Ansay and Associates, LLC ("Ansay")	2,922,000	2,558,000	2,587,000
Income from UFS, LLC ("UFS")	2,265,000	3,055,000	2,556,000
Loan servicing income	2,860,000	1,922,000	1,622,000
Valuation adjustment on MSR	395,000	2,865,000	1,290,000
Net gain on sales of mortgage loans	897,000	1,560,000	7,371,000
Gain on sale of UFS	38,904,000
Other	2,839,000	1,931,000	1,967,000
Total noninterest income	58,115,000	19,701,000	23,521,000
Noninterest expense:
Salaries, commissions, and employee benefits	40,355,000	33,155,000	28,515,000
Occupancy	5,670,000	5,467,000	4,198,000
Data processing	8,011,000	6,324,000	5,344,000
Postage, stationery, and supplies	1,084,000	771,000	713,000
Net loss (gain) on sales and valuations of OREO	2,133,000	(146,000)	(20,000)
Net loss on sale of securities	7,901,000		3,000
Advertising	326,000	271,000	227,000
Charitable contributions	944,000	718,000	534,000
Outside service fees	6,350,000	6,727,000	3,076,000
Amortization of intangibles	6,324,000	2,318,000	1,405,000
Other	9,021,000	6,348,000	6,541,000
Total noninterest expense	88,119,000	61,953,000	50,536,000
Income before provision for income taxes	98,794,000	59,633,000	59,967,000
Provision for income taxes	24,280,000	14,419,000	14,523,000
Net Income	$ 74,514,000	$ 45,214,000	$ 45,444,000
Earnings per share - basic	$ 7.28	$ 5.58	$ 5.92
Earnings per share - diluted	$ 7.28	$ 5.58	$ 5.92

BFC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 69,973,000	$ 51,524,000
Interest-bearing deposits	177,495,000	67,827,000
Cash and cash equivalents	247,468,000	119,351,000
Securities held to maturity, at amortized cost ($103,626 and $43,770 fair value at December 31, 2023 and December 31, 2022, respectively)	103,324,000	45,097,000
Securities available for sale, at fair value ($154,318 and $325,960 amortized cost at December 31, 2023 and December 31, 2022, respectively)	142,197,000	304,637,000
Loans held for sale	3,012,000	648,000
Loans	3,342,974,000	2,893,978,000
Allowance for credit losses - loans ("ACL-Loans")	(43,609,000)	(22,680,000)
Loans, net	3,299,365,000	2,871,298,000
Premises and equipment, net	69,891,000	56,448,000
Goodwill	175,106,000	110,206,000
Other investments	21,366,000	16,495,000
Cash value of life insurance	61,292,000	46,050,000
Core deposit intangibles, net	26,996,000	16,829,000
Mortgage servicing rights ("MSR")	13,668,000	9,582,000
Other real estate owned ("OREO")	2,573,000	2,520,000
Investment in minority-owned subsidiaries	32,926,000	44,180,000
Other assets	22,658,000	17,091,000
TOTAL ASSETS	4,221,842,000	3,660,432,000
Deposits:
Interest-bearing deposits	2,382,185,000	2,126,137,000
Noninterest-bearing deposits	1,050,735,000	934,092,000
Total deposits	3,432,920,000	3,060,229,000
Securities sold under repurchase agreements	75,747,000	97,196,000
Notes payable	35,270,000	1,929,000
Subordinated notes	12,000,000	23,500,000
Junior subordinated notes	4,124,000
Other liabilities	41,983,000	24,475,000
Total liabilities	3,602,044,000	3,207,329,000
Stockholders' equity:
Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares
Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 11,515,130 and 10,064,858 shares as of December 31, 2023 and December 31, 2022, respectively; Outstanding - 10,365,131 and 9,021,697 shares as of December 31, 2023 and December 31, 2022, respectively	115,000	101,000
Additional paid-in capital	333,815,000	218,263,000
Retained earnings	348,001,000	295,496,000
Treasury stock, at cost - 1,149,999 and 1,043,161 shares as of December 31, 2023 and December 31, 2022, respectively	(53,387,000)	(45,191,000)
Accumulated other comprehensive loss	(8,746,000)	(15,566,000)
Total stockholders' equity	619,798,000	453,103,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 4,221,842,000	$ 3,660,432,000

About Bank First Corp

Bank First Corporation operates as a holding company for Bank First N.A. that provides consumer and commercial financial services to businesses, professionals, consumers, associations, individuals, and governmental authorities in Wisconsin. The company offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products. It also provides credit cards; ATM processing; insurance; data processing and other information technology; investment and safekeeping; treasury management; and online, telephone, and mobile banking services. The company's 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. 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.

CEO	Mr. Michael B. Molepske
WEBSITE	bankfirst.com
INDUSTRY	Banks Diversified
EMPLOYEES	398

Bank First Corp Frequently Asked Questions

What is the ticker symbol for Bank First Corp? What does BFC stand for in stocks?

BFC is the stock ticker symbol of Bank First Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bank First Corp (BFC)?

As of Tue Apr 23 2024, market cap of Bank First Corp is 804.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BFC stock?

You can check BFC's fair value in chart for subscribers.

What is the fair value of BFC stock?

You can check BFC's fair value in chart for subscribers. The fair value of Bank First Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bank First Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bank First Corp a good stock to buy?

The fair value guage provides a quick view whether BFC is over valued or under valued. Whether Bank First Corp is cheap or expensive depends on the assumptions which impact Bank First Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BFC.

What is Bank First Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, BFC's PE ratio (Price to Earnings) is 10.79 and Price to Sales (PS) ratio is 4.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bank First Corp's stock?

In the past 10 years, Bank First Corp has provided 0.178 (multiply by 100 for percentage) rate of return.