Insider Buying: Bank First Co. (NASDAQ:BFC) Director Buys 1,000 Shares of Stock

Bank First Co. (NASDAQ:BFC - Get Free Report) Director Michael S. Stayer-Suprick acquired 1,000 shares of Bank First stock in a transaction dated Wednesday, February 19th. The stock was purchased at an average price of $102.07 per share, with a total value of $102,070.00. Following the completion of the purchase, the director now owns 3,035 shares of the company's stock, valued at approximately $309,782.45. The trade was a 49.14 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bank First Stock Performance

BFC stock traded down $0.32 during trading on Friday, hitting $102.47. 21,693 shares of the company traded hands, compared to its average volume of 16,047. The stock's 50-day simple moving average is $100.55 and its 200 day simple moving average is $96.64. 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 has a market cap of $1.03 billion, a PE ratio of 15.76 and a beta of 0.35. Bank First Co. has a 1 year low of $74.90 and a 1 year high of $110.49.

Bank First (NASDAQ:BFC - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.19. Bank First had a return on equity of 10.53% and a net margin of 29.00%. On average, equities analysts expect that Bank First Co. will post 6.9 earnings per share for the current fiscal year.

Bank First Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, March 26th. Bank First's dividend payout ratio is currently 27.69%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BFC. Lazard Asset Management LLC acquired a new stake in Bank First in the fourth quarter valued at approximately $25,000. Sterling Capital Management LLC grew its holdings in Bank First by 771.4% in the fourth quarter. Sterling Capital Management LLC now owns 305 shares of the company's stock valued at $30,000 after purchasing an additional 270 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in Bank First in the fourth quarter valued at approximately $189,000. Quest Partners LLC grew its holdings in Bank First by 212.6% in the third quarter. Quest Partners LLC now owns 2,057 shares of the company's stock valued at $187,000 after purchasing an additional 1,399 shares during the period. Finally, Hanlon Investment Management Inc. acquired a new stake in Bank First in the fourth quarter valued at approximately $218,000. 29.95% of the stock is currently owned by hedge funds and other institutional investors.

About Bank First

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.