Bank First Corp (BFC)

Bank First Corp. received regulatory approval to acquire Centre 1 Bancorp, Inc. on October 17, 2025, and announced net income for Q3 2025 on October 21, 2025, resulting in a stock price increase. The acquisition of Centre 1 Bancorp, Inc. was completed on January 2, 2026, expanding the company's reach and services. On January 22, 2026, Bank First announced its net income for Q4 2025, leading to a stock increase. The company's stock has shown strong performance, with a 42.4% gain over the past 12 months as of April 9, 2026. In March 2026, the Board of Directors approved an 11.1% increase in its quarterly cash dividend to $0.50 per common share.

Demand for banking products and services can exhibit seasonality, influenced by various factors such as economic cycles, holidays, and tax seasons. Historically, for Bank First Corp. stock, April has been the strongest month while January has been the weakest. December is considered the least effective time for marketing bank products, while September and October are often strong periods. Marketing savings accounts can be effective during tax season. Regional banks may experience demand fluctuations tied to local economic conditions and seasonal business cycles.

Bank First Corp. is a financial holding company that operates in the commercial banking industry. Through its subsidiary, Bank First, N.A., it offers a range of financial products and services to individuals, businesses, and professionals, including lending, deposit options, treasury management, credit cards, and online banking. The company also provides insurance services through Ansay & Associates, LLC, and offers trust and investment advisory services.

Bank First Corp. primarily serves customers throughout Wisconsin and has expanded into the Stateline area of Illinois. Following its merger with Centre 1 Bancorp, Inc. and First National Bank & Trust, the combined entity operates 38 banking locations across these regions. The 11 offices from the acquisition will operate as a division of Bank First until a planned system conversion in May 2026, after which all locations will unify under the Bank First brand.

Bank First Corp. has maintained a positive brand reputation over the past year. In April 2026, Bank First was recognized by S&P Global Market Intelligence for its continued strong performance. Furthermore, in March 2026, Forbes named Bank First one of America's Best Banks for 2026. The company emphasizes a relationship-based community banking model and a commitment to community involvement, with employees volunteering over 8,670 hours and the bank contributing over $972,400 to local events and non-profit organizations in 2025.

Bank First Corporation has a diverse ownership structure, with institutional investors holding a significant portion of its shares. As of April 8, 2026, there are 144 institutional owners holding a total of 3,709,725 shares. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, State Street Corp, Geode Capital Management, LLC, Merit Financial Group, LLC, Dimensional Fund Advisors LP, Bank Of Montreal /can/, Northern Trust Corp, Charles Schwab Investment Management Inc, and First Trust Advisors LP. Individual insiders also hold a notable percentage of the company's stock. Key individual insiders include Robert W. Holmes and Michael B. Molepske (Chairman and CEO).