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Bank First BFC · USD

Financials · US listing · 🇺🇸 United States

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150.57

+1.81%

Close of 9 Nov 2026, in USD

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About Bank First

From its filings with the US Securities and Exchange Commission

SEC filings

Bank First is based in Manitowoc, Wisconsin and is incorporated in Wisconsin. Its shares trade on Nasdaq under the ticker BFC. The SEC classifies its business as national commercial banks. In the fiscal year to 31 December 2025, it reported net income of $71.5m. At that date it held total assets of $4.51bn and shareholders' equity of $643.8m.

In its own words

Bank First Corporation is a Wisconsin corporation that was organized in April 1982 to serve as the holding company for Bank First, N.A., a national banking association founded in 1894. The Bank is a wholly-owned subsidiary of the Company. The Company and the Bank are headquartered in Manitowoc, Wisconsin, and the Bank is a member of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and regulated by the Office of the Comptroller of the Currency (the “OCC”). The Bank has thirty-eight (38) offices, including its headquarters, in Brown, Columbia, Dane, Door, Fond du Lac, Green, Jefferson, Manitowoc, Monroe, Outagamie, Ozaukee, Rock, Shawano, Sheboygan, Walworth, Waupaca, Waushara, and Winnebago counties in the State of Wisconsin and Winnebago county in the State of Illinois. We serve businesses, professionals and consumers with a wide variety of financial services, including retail and commercial banking. Some of the products that we offer include checking accounts, savings accounts, money market accounts, cash management accounts, certificates of deposit, commercial and industrial loans, commercial real estate loans, construction and development loans, residential mortgages, consumer loans, credit cards, online banking, telephone banking and mobile banking.

Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Banks
Listed since
29 Jan 2002
Employees
380
Head office
402 NORTH EIGHTH STREET, MANITOWOC, WI, 54220
Incorporated in
WI
Classification
National Commercial Banks
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Timothy McfarlanePresident, Director, since 2023$1.0m
  • Mr. Michael MolepskeChief Executive Officer, Director, since 2008$1.7m
  • Mr. Kevin LemahieuChief Financial Officer$976,683
  • Mr. Jason KreplineChief Lending Officer$589,165
  • Ms. Kelly DvorakCorporate Secretary, Chief Legal Counsel$445,149
  • Ms. Mary-kay BourbulasLead Independent Director$95,941
  • Ms. Erin DavisIndependent Director$25,000
  • Mr. Robert GregorskiIndependent Director$80,941
  • Mr. Stephen JohnsonIndependent Director$80,941
  • Mr. Phillip MaplesIndependent Director$80,941
  • Mr. Daniel McConeghyIndependent Director$25,000
  • Mr. Michael Stayer-SuprickIndependent Director$25,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
16
Social
63
Governance
28
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bank First Corp boasts a solid financial position, with robust profitability and consistent growth in revenue. This enables the company to withstand economic fluctuations and support its operations effectively.
  • Bank First Corp offers a wide range of financial products and services, including personal banking, business banking, mortgage loans, investment options, and insurance. This diversity allows the company to cater to the varied needs of its customer base and capture a larger market share.
  • Bank First Corp values its customers and has built strong, long-lasting relationships with them over the years. This trust and loyalty provide a competitive advantage as it leads to continued patronage and increased referrals.

Weaknesses

  • Bank First Corp operates primarily in a specific region, which limits its potential market reach. This dependence on a specific geographic area exposes the bank to regional economic risks and may hinder its growth opportunities in other markets.
  • Bank First Corp's technological infrastructure and digital capabilities are not as advanced as some of its competitors. This may result in a less efficient customer experience and hinder the bank's ability to keep up with rapidly changing industry trends.

Opportunities

  • Bank First Corp has the opportunity to expand its operations into new geographic markets where it currently has a limited presence. This expansion would allow the bank to tap into new customer segments and diversify its revenue streams.
  • Bank First Corp can invest in technology and digitalization to enhance its online banking platforms, mobile applications, and overall digital experience. This would attract tech-savvy customers and improve operational efficiency.

Threats

  • Bank First Corp faces intense competition from other established banks and emerging fintech companies. This competition puts pressure on the bank to continuously innovate, improve customer service, and offer competitive interest rates and fees.
  • Bank First Corp is susceptible to economic downturns and fluctuations that can impact the overall financial industry. A recession or financial crisis can lead to reduced customer demand, increased loan defaults, and potential regulatory challenges.

Sources and methodology

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