Bank First Corp (BFC) Form 8-K — Oct 20, 2026
Bank First Corporation (NASDAQ: BFC) reported Q3 2026 net income of $23.8 million, or $2.15 per share, up 32% from $18.0 million ($1.83 per share) in the prior-year quarter. Adjusted net income (non-GAAP) was $26.1 million, or $2.35 per share, versus $18.8 million ($1.91) a year ago. The Centre 1 Bancorp acquisition, which closed January 1, 2026 and added $1.48 billion in assets, lifted total assets to $5.95 billion and drove net interest income to $55.2 million with a 4.07% net interest margin. Loans reached $4.60 billion and deposits $5.00 billion.
Key figures
- Eps
- 2.15
- Revenue
- Net interest income $55.2 million (26Q3)
- Guidance
- Peoples acquisition expected to close December 4, 2026; company targeting surpassing $10 billion in assets; Centre acquisition cost savings anticipated to be fully realized in future quarters
- Net Income
- 23809000
- Total Debt
- 79839000
- Total Assets
- 5947512000
- Cash Position
- 212222000
- Ytd eps
- 6.14
- Total loans
- $4.60 billion
- Total deposits
- $5.00 billion
- Ytd net income
- $68.5 million
- Adjusted eps q3
- 2.35
- Nii prior year q3
- $38.3 million
- Prior year q3 eps
- 1.83
- Shares outstanding
- 11083124
- Net interest margin
- 4.07%
- Stockholders equity
- $826.4 million
- Book value per share
- 74.57
- Noninterest income q3
- $10.1 million
- Share repurchases ytd
- $23.9 million
- Adjusted net income q3
- $26.1 million (non-GAAP)
- Noninterest expense q3
- $34.7 million
- Prior year q3 net income
- $18.0 million
- Return on average assets
- 1.57%
- Centre acquisition assets
- $1.48 billion
- Ytd prior year net income
- $53.1 million
- Quarterly dividend per share
- 0.65
- Tangible book value per share
- 48.83
- Provision for credit losses q3
- $0.75 million
- Dividend increase vs prior quarter
- 8.3%
- Dividend increase vs prior year q3
- 44.4%
- Nonperforming assets to total assets
- 0.50%
- Return on average tangible common equity
- 17.71%
AI analysis
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