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Bank First reports 41% increase in quarterly earnings, declares per share cash dividend of $0.16
Posted on Wednesday July 18, 2018
MANITOWOC, Wis., July 18, 2018 /PRNewswire/ -- Bank First National Corporation (BFNC), the holding company for Bank First, reported net income for the second quarter of 2018 of $6.40 million, or $0.96 per share, as compared to $4.21 million, or $0.68 per share, for the second quarter of 2017, representing a 41% year-over-year increase in earnings per share. Net interest income was $15.77 million for the quarter ended June 30, 2018, compared to $10.13 million for the prior year quarter, representing a 56% increase year-over-year. The increase in net interest income was primarily driven by a 33% increase in loans year-over-year largely attributable to Bank First's acquisition of Waupaca Bancorporation, Inc. during the fourth quarter of 2017.
Bank First reports quarterly earnings per share of $1.05, declares a per share cash dividend of $0.16
Posted on Tuesday April 17, 2018
MANITOWOC, Wis., April 17, 2018 /PRNewswire/ -- Bank First National Corporation (BFNC), the holding company for Bank First, reported net income for the first quarter of 2018 of $7.06 million, or $1.05 per share, as compared to $3.99 million, or $0.64 per share, for the first quarter of 2017, representing a 64% year-over-year increase in earnings per share. The increase in net interest margin was a result of 34% loan growth year-over-year, along with 31% core deposit growth, both largely attributable to the acquisition of Waupaca Bancorporation, Inc. during the fourth quarter of 2017.
Bank First reports fourth quarter 2017 net income of $3.3 million, or $0.50 per share, declares a cash dividend of $0.16 per share
Posted on Wednesday January 17, 2018
MANITOWOC, Wis., Jan. 17, 2018 /PRNewswire/ -- Bank First National Corporation (BFNC), the holding company for Bank First, reported net income for the fourth quarter of 2017 of $3.3 million, or $0.50 per share, down 7.8% from the same period in 2016. For the year ended December 31, 2017, Bank First earned $15.3 million or $2.44 per share, up 2.7% from the year ended December 31, 2016. Fourth quarter 2017 net income was adversely impacted by $2.0 million ($1.4 million after tax) in expenses related to the acquisition of Waupaca Bancorporation, Inc. Also, federal tax reform legislation signed in December required the revaluation of the net deferred tax asset to the lower corporate tax rates enacted, resulting in additional income tax expense of $0.6 million.
Bank First National Corp. (Wisconsin) : BFNC-US: Dividend Analysis : December 28th, 2017 (record date) : By the numbers : December 28, 2017
Posted on Thursday December 28, 2017
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Bank First National Corp. (Wisconsin) with the following peers – Associated Banc-Corp, Central Pacific Financial Corp., CSB Bancorp, Inc., Enterprise Bancorp, Inc., First Financial Bankshares, Inc., Blue Valley Ban Corp., Guaranty Federal Bancshares, Inc., Guaranty Bancorp and Western Alliance Bancorporation (ASB-US, CPF-US, CSBB-US, EBTC-US, FFIN-US, ... Read more (Read more...)