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Mar 31, 2024
Bank First Q1 2024 Earnings Report
Reported net income for the first quarter of 2024.
Key Takeaways
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.
Net income for Q1 2024 was $15.4 million, or $1.51 per share.
Net interest income increased to $33.3 million, up from both the previous quarter and the first quarter of 2023.
Total assets decreased to $4.10 billion.
Total loans increased to $3.38 billion, representing an annualized growth of 4.9%.