Bank First (NASDAQ:BFC) Posts Quarterly Earnings Results

Bank First (NASDAQ:BFC) released its quarterly earnings results on Tuesday. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.19, Zacks reports. Bank First had a return on equity of 10.10% and a net margin of 32.02%.

Bank First Price Performance

Shares of NASDAQ:BFC traded up $1.14 during trading on Tuesday, reaching $100.08. The company had a trading volume of 18,149 shares, compared to its average volume of 18,512. The firm’s fifty day moving average is $102.30 and its 200 day moving average is $94.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $1.00 billion, a PE ratio of 12.29 and a beta of 0.35. Bank First has a twelve month low of $74.90 and a twelve month high of $110.49.

Analysts Set New Price Targets

Separately, Piper Sandler lifted their target price on Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th.

About Bank First

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. It offers checking, savings, money market, cash management, retirement, and health savings accounts; other time deposits; certificates of deposit; and residential mortgage products.