Bank First Reports Strong Q4 and Full-Year 2025 Earnings, Increases Dividend by 11.1%
BFC sits 46% above its 52-week low of $93.
Summary
Bank First Corporation announced robust fourth-quarter and full-year 2025 financial results, featuring significant earnings growth, improved net interest margin, and a substantial dividend increase, alongside the completion of a transformational acquisition.
Key Events · Earnings and Guidance · BFC
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Strong Earnings Growth
Reported Q4 2025 net income of $18.4 million ($1.87 EPS) and full-year net income of $71.5 million ($7.23 EPS), representing increases of 5.1% and 9.0% respectively year-over-year. Adjusted annual EPS grew by 15%.
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Expanded Net Interest Margin
Net interest margin improved to 4.01% in Q4 2025, up from 3.61% in Q4 2024, reflecting favorable interest rate dynamics.
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Excellent Asset Quality
Nonperforming assets decreased to a negligible $9.0 million (0.20% of total assets) and no provision for credit losses was recorded in Q4 2025.
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Increased Quarterly Dividend
The Board of Directors approved an 11.1% increase in the quarterly cash dividend to $0.50 per common share.
Analysis · BFC · Finance
Bank First Corporation delivered a strong financial performance for Q4 and full-year 2025, marked by a 6.9% increase in quarterly EPS and an 11.2% rise in annual EPS. The company's net interest margin expanded significantly to 4.01%, driven by higher loan yields and reduced funding costs. Asset quality remained excellent, with nonperforming assets declining and no provision for credit losses recorded in the quarter. The board also approved an 11.1% increase in the quarterly cash dividend, signaling confidence in future performance. These results, coupled with the recent completion of a transformational acquisition, position the company well for continued growth, especially as the stock trades near its 52-week high.
At the time of this filing, BFC was trading at $135.82 on NASDAQ in the Finance sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $93.00 to $139.71. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.