Bank First Co. (BFC) To Go Ex-Dividend on March 26th

Bank First Co. (NASDAQ:BFC) declared a quarterly dividend on Wednesday, January 22nd,Wall Street Journal reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.45 per share on Wednesday, April 9th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Wednesday, March 26th.

Bank First has raised its dividend by an average of 22.2% per year over the last three years. Bank First has a payout ratio of 25.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Bank First to earn $7.15 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 25.2%.

Bank First Trading Up 2.0 %

Shares of BFC stock opened at $101.35 on Friday. The company has a market cap of $1.01 billion, a PE ratio of 15.59 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 stock’s 50 day simple moving average is $102.07 and its two-hundred day simple moving average is $94.72. Bank First has a 1 year low of $74.90 and a 1 year high of $110.49.

Bank First (NASDAQ:BFC) last announced its quarterly earnings data on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.19. Bank First had a net margin of 29.00% and a return on equity of 10.53%. Research analysts predict that Bank First will post 6.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their price objective on Bank First from $99.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th.

Bank First Company Profile

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.