Bank First Corporation (BFC) AI Stock Analysis

Bank First Corporation serves as the holding company for Bank First N.A., providing a broad array of financial services across Wisconsin. Founded in 1894 and headquartered in Manitowoc, Wisconsin, the company operates a network of 21 offices located across counties such as Manitowoc, Outagamie, Brown, Winnebago, Sheboygan, Waupaca, Ozaukee, Monroe, and Jefferson. Its client base includes businesses, professionals, associations, individuals, and governmental authorities. Products include checking, savings, money market, health savings, and retirement accounts, along with certificates of deposit and time deposits. The bank also provides residential mortgage products, credit cards, insurance services, investment options, ATM processing, and digital banking platforms while monitoring financial technology developments such as cryptocurrency and blockchain.

Bank First Corporation grew annual revenue from $116.8M in FY2021 to $240.4M in FY2025, recording a 5-year revenue compound annual growth rate of 15.5%. Annual net income increased from $45.4M in FY2021 to $71.5M in FY2025, with diluted EPS rising from $6.00 to $7.18 over the same timeframe. Annual operating margin was 51.3% in FY2021 and 36.7% in FY2025. In the trailing twelve months ended June 30, 2026, revenue stood at $217.2M with an operating margin of 51.5% and EPS of $7.69. For the quarter ended June 30, 2026, quarterly revenue grew 57.0% year-over-year while quarterly earnings increased 29.7% year-over-year.

As of June 30, 2026, Bank First Corporation held $875.2M in cash and short-term investments against $104.8M in total debt, resulting in net cash of $770.3M. The bank reported total assets of $5.95B and shareholders' equity of $819.3M, reflecting a debt-to-equity ratio of 0.13 and a current ratio of 0.17. In FY2025, operating cash flow reached $62.5M and free cash flow was $51.0M. During FY2025, cash usage included $11.4M for capital expenditures, $22.0M for share buybacks, and $52.5M paid in dividends.

At a share price of $147.70, Bank First Corporation has a market capitalization of $1.64B and an enterprise value of $1.48B. The stock trades at a trailing price-to-earnings multiple of 19.2x, above the 12.1x median of its US-listed Financial Services peers. Its forward P/E is 5.8x compared to the peer median of 10.8x, with a price-to-book ratio of 2.0x and price-to-sales of 7.5x. Over the past year, the stock returned 23.9%, outpacing the S&P 500 return of 16.8%. Over five years, the stock gained 134.1% compared to 83.0% for the index.

Bank First Corporation pays an annualized forward dividend of $2.40 per share, representing a dividend yield of 1.62% and a payout ratio of 26.2%. Dividends are distributed quarterly, with 17 consecutive years of payments. The annualized 5-year dividend growth rate is 45.6%, and the last ex-dividend date was September 23, 2026.

Wall Street coverage includes 2 analysts, consisting of 1 Strong Buy and 1 Hold rating. The mean price target is $163.00, representing a 10.4% upside from the last closing price of $147.70. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $265.6M and EPS of $9.94, representing 34.0% earnings growth. For the following fiscal year, 1 analyst projects revenue of $342.7M and EPS of $11.93. The bank beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is October 20, 2026.

This page is an AI-written research summary of Bank First Corporation (BFC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: BFC income statement, BFC balance sheet, BFC key metrics, BFC analyst forecast, BFC chart. See the BFC stock overview for the latest quote and news.