Bank First National (NASDAQ:BFC) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Bank First National (NASDAQ:BFC) from a sell rating to a hold rating in a report published on Friday morning.

A number of other equities analysts have also recently weighed in on BFC. Weiss Ratings reissued a “buy (b)” rating on shares of Bank First National in a report on Wednesday. Piper Sandler lifted their price target on shares of Bank First National from $137.00 to $142.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Finally, Hovde Group boosted their price objective on shares of Bank First National from $145.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $146.00.

Bank First National Stock Performance

Bank First National stock opened at $137.32 on Friday. Bank First National has a fifty-two week low of $93.00 and a fifty-two week high of $142.12. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market cap of $1.35 billion, a P/E ratio of 18.99 and a beta of 0.42. The firm’s fifty day moving average price is $127.76 and its 200-day moving average price is $126.16.

Bank First National (NASDAQ:BFC) last released its earnings results on Thursday, January 22nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.25. Bank First National had a return on equity of 11.68% and a net margin of 29.31%.The business had revenue of $49.68 million for the quarter, compared to analysts’ expectations of $43.75 million. On average, equities research analysts expect that Bank First National will post 6.9 earnings per share for the current fiscal year.

Bank First National Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This is a positive change from Bank First National’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 1.5%. Bank First National’s payout ratio is presently 25.32%.

Institutional Investors Weigh In On Bank First National

A number of large investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new position in shares of Bank First National during the third quarter valued at about $48,000. CWM LLC increased its holdings in Bank First National by 17.0% during the 2nd quarter. CWM LLC now owns 669 shares of the company’s stock valued at $79,000 after purchasing an additional 97 shares during the period. Nisa Investment Advisors LLC raised its position in Bank First National by 17,650.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 710 shares of the company’s stock valued at $84,000 after purchasing an additional 706 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in Bank First National in the 3rd quarter worth approximately $94,000. Finally, BNP Paribas Financial Markets grew its position in shares of Bank First National by 22.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 816 shares of the company’s stock worth $96,000 after buying an additional 150 shares during the last quarter. Institutional investors own 29.95% of the company’s stock.

More Bank First National News

Here are the key news stories impacting Bank First National this week:

• Positive Sentiment: Reported Q4 beat — Bank First posted $2.00 EPS vs. a $1.75 consensus and revenue of $49.68M vs. $43.75M expected; margins and profitability were strong, which supports near-term share strength. Zacks: BFC Beats Q4
• Positive Sentiment: Dividend raised — the board declared a quarterly cash dividend of $0.50/share (11.1% increase from $0.45). Record/ex-dividend timing announced (record Mar 25; pay Apr 8), which signals confidence in earnings and returns capital to shareholders. PR Newswire: Dividend & Net Income
• Positive Sentiment: Company-level results — PR Newswire/press materials show Q4 net income of $18.4M and full-year net income of $71.5M, with annual EPS of $7.23 and solid quarterly annualized ROA (~1.65%). These fundamentals back the earnings beat and dividend increase. PR Newswire: Net Income Details
• Neutral Sentiment: Higher trading interest — volume spiked well above average during the move, indicating increased investor attention; price sits near its 52-week high and above both the 50- and 200-day moving averages, which could limit further upside without continued catalyst.
• Negative Sentiment: Modest yield and valuation — the new dividend yields ~1.4% and the stock trades at a P/E around 19, which may temper interest from income-focused investors seeking higher yields.

About Bank First National

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.