Latest revenue
$16.7M
as of 2026-03-31
Latest net income
$20.0M
as of 2026-03-31
Net margin
119.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.58B
- Enterprise value
- $1.58B
- P/E (trailing)
- 22.2×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 1.3%
- 52-wk high
- $153.00
- 52-wk low
- $109.11
- Beta
- —
- Shares out
- 11.2M
5-year trend
What this company does
ITEM 1. BUSINESS General Overview Bank First Corporation is a Wisconsin corporation that was organized in April 1982 to serve as the holding company for Bank First, N.A., a national banking association founded in 1894. The Bank is a wholly-owned subsidiary of the Company. The Company and the Bank are headquartered in Manitowoc, Wisconsin, and the Bank is a member of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and regulated by the Office of the Comptroller of the Currency (the “OCC”). The Bank has thirty-eight (38) offices, including its headquarters, in Brown, Columbia, Dane, Door, Fond du Lac, Green, Jefferson, Manitowoc, Monroe, Outagamie, Ozaukee, Rock,…
AI summary unavailable — showing raw filing excerpt
Generated from BFC's filing dated 2026-02-27
Key risks
ITEM 1A. RISK FACTORS In addition to the other information contained in this Form 10-K, you should carefully consider the risks described below, as well as the risk factors and uncertainties discussed in our other public filings with the SEC under the caption "Risk Factors" in evaluating us and our business and making or continuing an investment in our stock. Our operations and financial results are subject to various risks and uncertainties, including, but not limited, to the material risks described below. Many of these risks are beyond our control although efforts are made to manage those risks while simultaneously optimizing operational and financial results. The occurrence of any of…
AI summary unavailable — showing raw filing excerpt
Generated from BFC's filing dated 2026-02-27
Profitability
Net margin
29.3%
1.1%Return on equity
11.1%
5.0%Return on assets
68.9%
16.4%Leverage
Debt / equity
-0.84×
2.1%Long-term debt / equity
0.02×
Debt / assets
-520.7%
13.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $16.7M | +73.6% | $20.0M | +9.6% | 119.9% |
Q4 2025 2025-12-31 | $222.3M | +7.5% | $18.4M | +4.8% | 8.3% |
Q3 2025 2025-09-30 | $6.7M | +18.6% | $18.0M | +8.7% | 270.1% |
Q2 2025 2025-06-30 | $5.4M | -15.2% | $16.9M | +5.1% | 312.8% |
Q1 2025 2025-03-31 | $9.6M | +31.8% | $18.2M | +18.4% | 190.0% |
Q4 2024 2024-12-31 | $206.8M | — | $17.5M | — | 8.5% |
Q3 2024 2024-09-30 | $5.6M | -7.0% | $16.6M | +11.8% | 294.7% |
Q2 2024 2024-06-30 | $6.4M | +24.7% | $16.1M | +13.6% | 252.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
National Commercial Banks · SIC 6021
Your notes
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Insider activity
Insider buying
$165.5K
Insider selling
$2.4M
Net activity
−$2.2M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns BFC
Institutional value
$334.9M
Total shares held
2.5M
Distinct holders
86
-56 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 762.2K | $102.9M | +69.5K (+10.0%) | Added |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 471.0K | $63.6M | — | New |
| 3 | Merit Financial Group, LLC | 176.7K | $23.9M | -770 (-0.4%) | Trimmed |
| 4 | DIMENSIONAL FUND ADVISORS LP | 159.7K | $21.6M | +28.0K (+21.2%) | Added |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 135.9K | $18.4M | — | New |
| 6 | BANK OF MONTREAL /CAN/ | 103.8K | $14.0M | -2 (-0.0%) | Trimmed |
| 7 | FIRST TRUST ADVISORS LP | 73.0K | $9.9M | +6.4K (+9.6%) | Added |
| 8 | VANGUARD FIDUCIARY TRUST CO | 67.8K | $9.2M | — | New |
| 9 | Creative Planning | 58.7K | $7.9M | -6 (-0.0%) | Trimmed |
| 10 | STIFEL FINANCIAL CORP | 42.5K | $5.7M | -856 (-2.0%) | Trimmed |
| 11 | Bank of New York Mellon Corp | 41.8K | $5.6M | +1.4K (+3.5%) | Added |
| 12 | Wealthcare Advisory Partners LLC | 37.4K | $5.0M | -221 (-0.6%) | Trimmed |
| 13 | UBS Group AG | 22.7K | $3.1M | -15.7K (-40.9%) | Trimmed |
| 14 | Nuveen, LLC | 21.5K | $2.9M | +738 (+3.5%) | Added |
| 15 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 19.0K | $2.6M | +74 (+0.4%) | Added |
| 16 | Swiss National Bank | 18.4K | $2.5M | +0 (+0.0%) | No change |
| 17 | Linden Thomas Advisory Services, LLC | 17.5K | $2.4M | +100 (+0.6%) | Added |
| 18 | Invesco Ltd. | 14.8K | $2.0M | +1.0K (+7.5%) | Added |
| 19 | BNP PARIBAS FINANCIAL MARKETS | 14.3K | $1.9M | +9.2K (+182.7%) | Added |
| 20 | PRINCIPAL FINANCIAL GROUP INC | 13.7K | $1.8M | -18.2K (-57.1%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once BFC's latest filing finishes processing.