Bank First National (NASDAQ:BFC) Announces Quarterly Earnings Results, Misses Estimates By $0.25 EPS

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

Bank First National Trading Up 1.6%

BFC stock traded up $2.33 on Tuesday, reaching $148.34. The company’s stock had a trading volume of 60,163 shares, compared to its average volume of 86,541. The business has a fifty day simple moving average of $151.89 and a two-hundred day simple moving average of $147.43. Bank First National has a 12-month low of $119.08 and a 12-month high of $159.10. 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 firm has a market cap of $1.65 billion, a PE ratio of 19.29 and a beta of 0.42.

Insiders Place Their Bets

In other Bank First National news, Director Sistine Peter J. Van sold 1,848 shares of Bank First National stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,188,554.80. The trade was a 19.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.97% of the company’s stock.

Wall Street Analyst Weigh In

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

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.