Bank First Corp (BFC)

Bank First Corp. completed its acquisition of Centre 1 Bancorp, Inc. on January 1, 2026, increasing total assets and expanding services. The company reported strong fourth-quarter 2025 earnings but missed analyst expectations in Q1 2026, although adjusted net income indicated core profitability. The stock price has shown positive momentum, outperforming the S&P500 Index, and the company increased its quarterly cash dividend.

Specific demand seasonality for Bank First Corp.'s products and services is not explicitly detailed, but general trends in the banking industry within Wisconsin and Illinois offer insights. The services sector can experience increased business activity due to end-of-year and seasonal factors. Lending and deposits in the Wisconsin banking sector saw increases, partly driven by high interest rates on CDs and money market accounts.

Bank First Corporation operates as a financial holding company for Bank First, N.A., offering consumer and commercial financial services, including various deposit accounts, loan products, and additional services like credit cards, insurance, and investment services. The company also has subsidiaries such as Bank First Investments, Inc., TVG Holdings, Inc., and BFC Title, LLC.

Bank First Corporation primarily operates in Wisconsin and has expanded into the Stateline area of Illinois following a merger. It has 38 banking locations across multiple counties in Wisconsin and expanded its presence into southern Wisconsin and northern Illinois through a merger with First National Bank & Trust on January 1, 2026.

Bank First Corporation has received recognition for its performance, including being named one of "America's Best Banks" by Forbes in March 2026 and being recognized by S&P Global Market Intelligence as one of the Top-Performing U.S. Community Banks of 2024. These recognitions highlight the bank's financial and strategic position.

Bank First Corporation has a diverse ownership structure, with institutional shareholders holding 33.16%, insiders owning 10.56%, and retail investors accounting for 56.28%. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. The largest individual shareholder is Robert W. Holmes.