Quarterly ResultJul 21, 2026, 04:12 PM
Bank First Q2 Net Income $24.7M, EPS $2.21; Dividend $0.60
AI Summary
Bank First Corporation reported strong financial results for the second quarter of 2026, with net income rising to $24.7 million, or $2.21 per share. This represents a significant increase from the prior-year quarter, largely driven by the acquisition of Centre 1 Bancorp. The company also declared a quarterly cash dividend of $0.60 per share, marking a substantial increase.
Key Highlights
- Net income for Q2 2026 was $24.7 million, up from $16.9 million in Q2 2025.
- Diluted EPS for Q2 2026 was $2.21, up from $1.71 in Q2 2025.
- Adjusted net income (non-GAAP) for Q2 2026 was $27.3 million, or $2.45 per share.
- Quarterly cash dividend declared at $0.60 per share, a 33.3% increase YoY.
- Total assets reached $5.95 billion as of June 30, 2026, up $1.58 billion YoY.
- Net interest income for Q2 2026 was $55.0 million, an increase of $18.3 million YoY.
- Net interest margin was 4.13% for Q2 2026, up from 3.72% in Q2 2025.
- Book value per common share was $73.95, up from $65.47 at year-end 2025.
Price Impact
More from BFC