Bank First Corporation Reports Strong Q4 Earnings, Revenue
MANITOWOC, Wis. (AP) — Bank First Corporation (BFC) announced fourth-quarter earnings of $17.5 million on Tuesday. The Manitowoc, Wisconsin-based bank reported earnings per share of $1.75, or $1.74 per share excluding non-recurring gains.
Revenue for the period totaled $58.3 million, with net interest income of $40.1 million, exceeding market expectations. For the full year, the company recorded a profit of $65.6 million ($6.50 per share) on revenue of $157.5 million.
Bank First Corporation shares have risen 1% since the start of the year, reaching $100.08 in Tuesday's late trading. This represents a 13% increase over the past 12 months.