Bank First Co. (NASDAQ:BFC - Get Free Report) saw unusually-high trading volume on Monday . Approximately 36,277 shares were traded during trading, an increase of 34% from the previous session's volume of 26,992 shares.The stock last traded at $114.41 and had previously closed at $114.85.
Wall Street Analysts Forecast Growth
BFC has been the subject of several research reports. Hovde Group raised shares of Bank First from a "market perform" rating to an "outperform" rating and set a $130.00 price objective for the company in a report on Tuesday, May 6th. Piper Sandler increased their price objective on shares of Bank First from $110.00 to $111.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th.
Check Out Our Latest Stock Report on Bank First
Bank First Stock Down 0.7%
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 company's 50-day simple moving average is $111.43 and its 200 day simple moving average is $105.15. The firm has a market cap of $1.15 billion, a P/E ratio of 17.79 and a beta of 0.39.
Bank First (NASDAQ:BFC - Get Free Report) last released its earnings results on Tuesday, April 15th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.20. The firm had revenue of $43.10 million during the quarter, compared to analyst estimates of $41.80 million. Bank First had a net margin of 29.00% and a return on equity of 10.53%. Research analysts anticipate that Bank First Co. will post 6.9 EPS for the current fiscal year.
Bank First Increases Dividend
The company also recently declared a dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were issued a $3.50 dividend. This is a boost from Bank First's previous dividend of $0.20. The ex-dividend date of this dividend was Friday, May 9th. Bank First's dividend payout ratio (DPR) is currently 26.43%.
Institutional Trading of Bank First
Institutional investors have recently modified their holdings of the company. Lazard Asset Management LLC bought a new stake in shares of Bank First in the 4th quarter valued at about $25,000. Sterling Capital Management LLC boosted its stake in Bank First by 771.4% in the 4th quarter. Sterling Capital Management LLC now owns 305 shares of the company's stock worth $30,000 after purchasing an additional 270 shares in the last quarter. CWM LLC boosted its stake in Bank First by 176.3% in the 1st quarter. CWM LLC now owns 572 shares of the company's stock worth $58,000 after purchasing an additional 365 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Bank First in the 4th quarter worth approximately $189,000. Finally, GAMMA Investing LLC boosted its stake in Bank First by 17,300.0% in the 1st quarter. GAMMA Investing LLC now owns 1,914 shares of the company's stock worth $193,000 after purchasing an additional 1,903 shares in the last quarter. 29.95% of the stock is currently owned by institutional investors.
Bank First Company Profile
(
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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.
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