Bank First Corporation Reports Strong Q2 Earnings Exceeding Expectations

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Bank First Corporation (BFC) reported quarterly earnings of $1.56 per share on July 24, 2024, surpassing the Zacks Consensus Estimate of $1.43 per share and the previous year’s earnings of $1.42 per share. The company’s revenues for the quarter were $38.88 million, exceeding expectations by 0.48% and up from $38.34 million a year earlier.

This quarter marks a 9.09% earnings surprise for BFC, following a prior surprise of 1.34%. The company has exceeded consensus EPS estimates in two of the last four quarters. Currently, the consensus EPS estimate for the coming quarter stands at $1.49, with projected revenues of $39.4 million. BFC shares have increased approximately 1.5% since the beginning of 2024, compared to the S&P 500’s 18.1% rise.

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