Bank First Co. (NASDAQ:BFC) Director Acquires $102,070.00 in Stock

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

Bank First Stock Down 0.3 %

Bank First stock opened at $102.47 on Friday. The company has a 50 day moving average of $100.55 and a 200-day moving average of $96.64. 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 Co. has a twelve month low of $74.90 and a twelve month high of $110.49. The stock has a market capitalization of $1.03 billion, a PE ratio of 15.76 and a beta of 0.35.

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

Bank First Announces Dividend

The company also recently disclosed 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 is Wednesday, March 26th. This represents a $1.80 annualized dividend and a dividend yield of 1.76%. Bank First’s dividend payout ratio is currently 27.69%.

Institutional Investors Weigh In On Bank First

Hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in Bank First by 2.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,731 shares of the company’s stock worth $469,000 after acquiring an additional 105 shares during the last quarter. Mariner LLC boosted its holdings in Bank First by 4.7% during the fourth quarter. Mariner LLC now owns 2,497 shares of the company’s stock worth $247,000 after purchasing an additional 112 shares during the last quarter. Citadel Advisors LLC boosted its holdings in Bank First by 1.2% during the fourth quarter. Citadel Advisors LLC now owns 10,264 shares of the company’s stock worth $1,017,000 after purchasing an additional 119 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Bank First by 2.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,506 shares of the company’s stock valued at $546,000 after purchasing an additional 124 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Bank First by 1.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock valued at $1,037,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds 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.