Bank First Corp

Bank First Corporation announced its third quarter 2026 financial results, reporting a significant increase in net income and earnings per share compared to the prior year. Net income for the quarter was $23.8 million, or $2.15 per share, up from $18.0 million, or $1.83 per share, in the third quarter of 2025. The company also highlighted its progress on the acquisition of Peoples and the successful integration of Centre, which contributed to asset growth. Additionally, Bank First declared a quarterly cash dividend of $0.65 per share, reflecting an 8.3% increase from the previous quarter.

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.

Bank First Corporation announced the election of three new directors, SriRaj Kantamneni, Tracy C. Pearson, and William J. Ring, to its Board of Directors. Each new director will serve a three-year term. They were also appointed to the Board of Directors of Bank First, N.A., the company's wholly owned banking subsidiary.

Bank First Corporation held its 2026 Annual Meeting of Shareholders, where Steven M. Eldred and Todd A. Sprang were elected as new directors, and Timothy J. McFarlane was re-elected. Shareholders also ratified Forvis Mazars, LLP as the independent auditor, approved executive compensation in an advisory vote, and amended the company's Articles of Incorporation. Additionally, Stephen E. Johnson retired from the Board. The company provided updates on its strategic growth, including the completed merger with First National Bank and Trust and the pending acquisition of Peoples State Bank, which is expected to be significantly accretive to earnings.

Bank First Corporation announced an agreement to acquire PSB Holdings, Inc. in an all-stock transaction valued at approximately $202.9 million. Each PSB common stock share will convert into 0.3470 shares of Bank First common stock. The merger, unanimously approved by both boards, is expected to close in the fourth quarter of 2026, creating a combined entity with over $7.6 billion in assets. The transaction is projected to be 14.2% accretive to EPS in 2027 with a 0.25-year tangible book value earnback.

Bank First Corporation announced the renewal of its share repurchase program, authorizing the company to repurchase up to $60 million of its common stock annually. The program is set to run for two years, concluding on April 20, 2028. Repurchases will be conducted at the company's discretion through open market or privately negotiated transactions, subject to market conditions and applicable securities laws.

Bank First Corporation announced its financial results for the first quarter ended March 31, 2026. The company reported a net income of $20.0 million for the quarter. Earnings per common share stood at $1.78. Additionally, adjusted net income (non-GAAP) for the quarter was $25.1 million.