Bank First National Corporation (NASDAQ:BFC - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $125.27 and last traded at $123.75, with a volume of 241663 shares trading hands. The stock had previously closed at $123.00.
Wall Street Analyst Weigh In
BFC has been the topic of several research reports. Hovde Group upgraded shares of Bank First National from a "market perform" rating to an "outperform" rating and set a $130.00 price objective on the stock in a research note on Tuesday, May 6th. Piper Sandler upped their price objective on shares of Bank First National from $110.00 to $111.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th.
Get Our Latest Stock Analysis on BFC
Bank First National Trading Down 0.0%
The company's 50 day moving average price is $115.91 and its 200 day moving average price is $106.61. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 18.06 and a beta of 0.39. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00.
Bank First National (NASDAQ:BFC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.62 by $0.20. Bank First National had a net margin of 29.22% and a return on equity of 10.73%. The company had revenue of $43.10 million for the quarter, compared to analyst estimates of $41.80 million. Research analysts anticipate that Bank First National Corporation will post 6.9 EPS for the current year.
Bank First National Increases Dividend
The business also recently declared a dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were issued a $3.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This is an increase from Bank First National's previous dividend of $0.20. Bank First National's dividend payout ratio is 26.43%.
Institutional Trading of Bank First National
A number of hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its position in shares of Bank First National by 58.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,052 shares of the company's stock valued at $749,000 after acquiring an additional 2,224 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Bank First National by 194.8% during the 1st quarter. Jane Street Group LLC now owns 10,962 shares of the company's stock valued at $1,104,000 after acquiring an additional 7,244 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Bank First National by 58.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 20,843 shares of the company's stock valued at $2,100,000 after acquiring an additional 7,656 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Bank First National by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,756 shares of the company's stock valued at $580,000 after acquiring an additional 250 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Bank First National by 102.9% during the 1st quarter. AQR Capital Management LLC now owns 17,100 shares of the company's stock valued at $1,723,000 after acquiring an additional 8,672 shares in the last quarter. 29.95% of the stock is owned by institutional investors.
About Bank First National
(
Get Free Report)
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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