Bank First Corp (BFC)
Operating cash flow minus capital spending left $51M of free cash flow in fiscal 2025. At September 30, 2026 it held $212.2M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Bank First Corp
- Net worth
- Bank First Corp has a market value (market cap) of $1.7B at the latest share price, and shareholders' equity of $826.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $62.5M of cash; after $11.4M of capital spending, free cash flow was $51M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Bank First Corp's next report is expected around January 21, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Bank First Corp paid dividends of $5.30 per share in fiscal 2025, a yield of 3.51% at the current price.
What Bank First Corp does
Bank First Corp is registered with the SEC under industry code SIC 6021 (National Commercial Banks). Its shares trade on NASDAQ under the ticker BFC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $71.5M | $7.23 | $51M |
| 2024 | n/a | $65.6M | $6.50 | $58.6M |
| 2023 | n/a | $74.5M | $7.28 | $39.5M |
| 2022 | n/a | $45.2M | $5.58 | $33.1M |
| 2021 | n/a | $45.4M | $5.92 | $31.6M |
| 2020 | n/a | $38M | $5.07 | $35.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
Bank First Corp paid $5.30 per share in fiscal 2025. At the current price that is a yield of 3.51%. It paid out $52.5M in cash dividends, 73% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $5.30 | $52.5M | 73% |
| 2024 | $1.55 | $15.6M | 24% |
| 2023 | $1.15 | $12M | 16% |
| 2022 | $0.94 | $7.8M | 17% |
| 2021 | $1.14 | $8.7M | 19% |
| 2020 | $0.81 | $6.1M | 16% |
Latest SEC filings
What Bank First Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026
- October 20, 2026
- August 7, 2026
- July 30, 2026
- July 22, 2026Quarterly results 8-K/A
- July 21, 2026
- July 17, 2026
- June 26, 2026
- June 23, 2026
- June 18, 2026
Insider trades
What the people running Bank First Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $220.1K and sold $287.5K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 28, 2026 | Sprang Todd A.Director | Bought | 400 | $59.3K |
| September 11, 2026 | Van Sistine Peter J.Director | Sold | 1,848 | $287.5K |
| August 17, 2026 | Pearson Tracy CDirector | Bought | 1,024 | $160.7K |
| June 30, 2026 | Eldred Steven MDirector | Gave as a giftindirect | 1,003 | $149K |
| April 22, 2026 | Sprang Todd A.Director | Bought | 450 | $62.5K |
| April 21, 2026 | Stayer-Suprick Michael SDirector | Bought | 225 | $31.5K |
| April 9, 2026 | LeMahieu Kevin M.Chief Financial Officer | Gave as a gift | 1,785 | $254.6K |
| March 6, 2026 | Mcconeghy Daniel CDirector | Received as pay | 407 | $55K |
Who owns BFC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 170 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 821,389 | +59,190 |
| Vanguard Capital Management LLC | 465,415 | -5,563 |
| State Street Corp | 437,337 | +88,850 |
| Geode Capital Management, LLC | 296,453 | +14,346 |
| Dimensional Fund Advisors LP | 187,678 | +28,000 |
| Merit Financial Group, LLC | 174,046 | -2,681 |
| Vanguard Portfolio Management LLC | 146,537 | +10,607 |
| Northern Trust Corp | 104,085 | +5,680 |
| Bank of Montreal | 103,836 | 0 |
| Charles Schwab Investment Management Inc | 85,178 | +1,211 |
| First Trust Advisors LP | 70,605 | -2,431 |
| Vanguard Fiduciary Trust Co | 68,220 | +413 |
| Creative Planning | 59,058 | +378 |
| Nicolet Bankshares Inc | 51,534 | +15 |
| J.W. Cole Advisors, Inc. | 52,307 | new |
| Marshall Wace, Llp | 47,893 | +42,956 |
| Bank of New York Mellon Corp | 45,090 | +3,273 |
| Stifel Financial Corp | 42,467 | 0 |
| Morgan Stanley | 42,259 | +4,155 |
| Prairie Advisory, LLC | 37,140 | new |
Insiders
16 insiders reported holding 471,269 shares in total, about $71.1M at the last price.
| Holder | Shares |
|---|---|
| Eldred Steven MDirector | 135,96410,284 held indirectly |
| Molepske Michael B.Chairman and CEO, Director | 102,57047,449 held indirectly |
| McFarlane Timothy J.President, Director | 68,646 |
| Gregorski Robert D.Director | 39,010 |
| Krepline Jason VChief Lending Officer | 32,704 |
| Johnson Stephen EDirector | 27,690 |
| LeMahieu Kevin M.Chief Financial Officer | 22,021 |
| Dvorak Kelly MChief Legal Counsel | 9,261 |
| Bourbulas Mary KayDirector | 8,126 |
| Van Sistine Peter J.Director | 7,640 |
Questions about BFC
What does Bank First Corp do?
Bank First Corp is a company in the Finance sector, listed on NASDAQ as BFC. Its shares trade on NASDAQ under the ticker BFC.
What is Bank First Corp's net worth?
Bank First Corp has a market value (market cap) of $1.7B at the latest share price, and shareholders' equity of $826.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bank First Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $86.9M.
When did Bank First Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Bank First Corp's next earnings report?
Bank First Corp's next report is expected around January 21, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Bank First Corp pay a dividend?
Yes. Bank First Corp paid dividends of $5.30 per share in fiscal 2025, a yield of 3.51% at the current price.
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Where the numbers come from
Financial figures are the values Bank First Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.