Bank First Co. (NASDAQ:BFC) Director Michael S. Stayer-Suprick Acquires 1,000 Shares

Bank First Co. (NASDAQ:BFC) Director Michael S. Stayer-Suprick bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of $102.07 per share, with a total value of $102,070.00. Following the transaction, the director now directly owns 3,035 shares in the company, valued at $309,782.45. This trade represents a 49.14 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Bank First Price Performance

NASDAQ:BFC traded up $0.31 during trading hours on Wednesday, reaching $103.15. The company had a trading volume of 10,828 shares, compared to its average volume of 15,863. The firm has a market capitalization of $1.03 billion, a PE ratio of 15.87 and a beta of 0.35. The stock has a 50-day moving average of $100.83 and a two-hundred day moving average of $96.42. Bank First Co. has a one year low of $74.90 and a one year high of $110.49. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02.

Bank First (NASDAQ:BFC) last posted its earnings results on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. Analysts forecast that Bank First Co. will post 6.9 earnings per share for the current year.

Bank First Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, March 26th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.75%. Bank First’s payout ratio is 27.69%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp increased its stake in shares of Bank First by 18.1% in the 3rd quarter. Stifel Financial Corp now owns 47,834 shares of the company’s stock valued at $4,339,000 after buying an additional 7,336 shares during the period. State Street Corp increased its position in Bank First by 3.4% in the third quarter. State Street Corp now owns 238,225 shares of the company’s stock worth $21,701,000 after purchasing an additional 7,822 shares during the period. JPMorgan Chase & Co. raised its holdings in Bank First by 130.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,865 shares of the company’s stock worth $2,165,000 after purchasing an additional 13,502 shares during the last quarter. Merit Financial Group LLC lifted its position in Bank First by 88.7% during the 4th quarter. Merit Financial Group LLC now owns 179,814 shares of the company’s stock valued at $17,818,000 after purchasing an additional 84,524 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Bank First by 3.7% in the 3rd quarter. Geode Capital Management LLC now owns 222,204 shares of the company’s stock valued at $20,158,000 after purchasing an additional 7,922 shares during the last quarter. Institutional investors own 29.95% of the company’s stock.

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.