Bank First delivered higher net income and EPS in Q2 2025, supported by improved net interest margin and loan growth, despite elevated noninterest expenses and slightly higher nonperforming assets.
Bank First Corporation reported a net income of $17.5 million, or $1.75 per share, for the fourth quarter of 2024. Adjusted net income (non-GAAP) was $17.4 million, or $1.74 per share. The Bank delivered a return on assets of 1.56%.
Bank First Corporation reported a net income of $16.6 million, or $1.65 per share, for the third quarter of 2024, compared to $14.8 million, or $1.43 per share, for the third quarter of the previous year. Net interest income increased by $1.8 million from the third quarter of 2023 to $35.9 million. Total assets increased to $4.29 billion, and total loans reached $3.47 billion.
Bank First Corporation reported a net income of $16.1 million, or $1.59 per share, for the second quarter of 2024. Adjusted net income (non-GAAP) was $15.7 million, or $1.56 per share. Total assets were $4.15 billion at June 30, 2024.
Bank First Corporation reported a net income of $15.4 million, or $1.51 per share, for the first quarter of 2024, compared to $10.7 million, or $1.09 per share, for the prior-year first quarter. Adjusted net income (non-GAAP) was also $15.4 million, or $1.51 per share.
Bank First Corporation reported a net income of $34.9 million for the fourth quarter of 2023, compared to $12.8 million for the same period last year. The results include significant one-time transactions. Total assets reached $4.22 billion, and total loans were $3.34 billion.