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

Bank First Co. (NASDAQ:BFC) Director Michael S. Stayer-Suprick purchased 1,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was acquired at an average cost 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 approximately $309,782.45. This trade represents a 49.14 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Bank First Stock Performance

Shares of NASDAQ:BFC opened at $103.15 on Thursday. The firm has a 50 day moving average of $100.72 and a 200 day moving average of $96.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 15.87 and a beta of 0.35. Bank First Co. has a 52 week low of $74.90 and a 52 week high of $110.49.

Bank First (NASDAQ:BFC) last released its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. On average, sell-side analysts predict that Bank First Co. will post 6.9 earnings per share for the current fiscal year.

Bank First Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BFC. Stifel Financial Corp increased its position in Bank First by 18.1% during 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 in the last quarter. State Street Corp grew its stake in shares of Bank First by 3.4% during the third quarter. State Street Corp now owns 238,225 shares of the company’s stock worth $21,701,000 after acquiring an additional 7,822 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Bank First by 130.3% during the third quarter. JPMorgan Chase & Co. now owns 23,865 shares of the company’s stock valued at $2,165,000 after acquiring an additional 13,502 shares in the last quarter. Merit Financial Group LLC raised its position in shares of Bank First by 88.7% in 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 last quarter. Finally, Geode Capital Management LLC boosted its stake in Bank First by 3.7% in the 3rd quarter. Geode Capital Management LLC now owns 222,204 shares of the company’s stock worth $20,158,000 after purchasing an additional 7,922 shares in 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.