Bank First Co. (NASDAQ:BFC) Director Michael S. Stayer-Suprick Buys 1,000 Shares

Bank First Co. (NASDAQ:BFC) Director Michael S. Stayer-Suprick purchased 1,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average cost of $102.07 per share, for a total transaction of $102,070.00. Following the completion of the purchase, the director now directly owns 3,035 shares of the company’s stock, valued at approximately $309,782.45. The trade was a 49.14 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bank First Stock Performance

Shares of NASDAQ:BFC opened at $102.78 on Friday. Bank First Co. has a 1 year low of $74.90 and a 1 year high of $110.49. The firm has a market capitalization of $1.03 billion, a PE ratio of 15.81 and a beta of 0.35. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.00 and a quick ratio of 1.00. The business’s 50 day moving average price is $100.63 and its 200-day moving average price is $96.51.

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

Bank First Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, March 26th. This represents a $1.80 dividend on an annualized basis and a yield of 1.75%. Bank First’s payout ratio is 27.69%.

Hedge Funds Weigh In On Bank First

A number of institutional investors have recently added to or reduced their stakes in BFC. Quest Partners LLC lifted its position in Bank First by 212.6% during the third quarter. Quest Partners LLC now owns 2,057 shares of the company’s stock worth $187,000 after buying an additional 1,399 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Bank First by 6.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 74,870 shares of the company’s stock worth $6,791,000 after buying an additional 4,480 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Bank First by 1.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,433 shares of the company’s stock worth $1,037,000 after buying an additional 155 shares in the last quarter. PDT Partners LLC purchased a new stake in Bank First in the third quarter valued at $306,000. Finally, Stifel Financial Corp raised its position in Bank First by 18.1% in the third quarter. Stifel Financial Corp now owns 47,834 shares of the company’s stock valued at $4,339,000 after purchasing an additional 7,336 shares during the period. Hedge funds and other institutional investors 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.