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BFC

Bank First Corporation

BFC

NASDAQ·Financial Services·Banks - Regional·Mkt cap $1.7B

$151.80

-0.78%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$115.29 - $154.29

P/E

21.11

Fwd P/E

15.67

Beta

0.42

Div Yield

1.27%

Avg Vol

96.3K

Shares Out

11.2M

Mkt Cap

$1.7B

Price action

Price chart

Up 24.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • 130+ year heritage and deep community roots across nine Wisconsin counties
  • Comprehensive product suite serving both retail and commercial customers
  • Established branch network with 21 offices providing personalized local service
  • Diversified revenue streams across consumer, commercial, and real estate lending

Bear Case

2 risks

  • Low volatility (beta 0.4).
  • Growth premium of 1.3x vs Commercial Banking peers. Reasonable for this growth rate.

Growth

Stable outlook

Expansion of digital banking capabilities and mobile services adoption

Value

Growth premium of 1.3x vs Commercial Banking peers. Reasonable for this growth rate.

Momentum

Strong

+11.7% over 3m

Quality

Excellent

High-growth business (54% revenue growth, 72% gross margin). Profitable with strong growth momentum.

Dividend

Modest

1.27% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 21, 2026

Q2 26 RECAP

APR 16, 2026

Reported EPS of $2.24 vs $2.40 consensus (-6.7% surprise). Revenue of $63.7M vs $65.7M expected (-3.0%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-6.7%

Next: Apr 21, 2026

Revenue trend · last 8Q

+14%

+7%

+8%

+12%

+101%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$38.0M

$39.7M

$40.2M

$41.9M

$40.6M

$60.1M

$61.4M

$84.3M

Margins · last 8Q

Gross

75.8%

Operating

29.3%

Profit

23.7%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

$157.00

+3.4% vs $151.80

Low $157.00
Median $157.00
High $157.00

Latest: Piper Sandler · $157.00 · Apr 20, 2026

1 analyst covering

vs Industry

How BFC stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.