Bank First National Corporation (BFC) To Go Ex-Dividend on December 23rd

Bank First National Corporation (NASDAQ:BFC) declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, December 23rd will be given a dividend of $0.65 per share on Wednesday, January 6th. This represents a $2.60 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, December 23rd. This is a 8.3% increase from Bank First National’s previous quarterly dividend of $0.60.

Bank First National has raised its dividend payment by an average of 0.5% per year over the last three years and has increased its dividend annually for the last 10 consecutive years. Bank First National has a payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Bank First National to earn $10.70 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 22.4%.

Bank First National Price Performance

NASDAQ:BFC opened at $142.04 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.03. The business’s 50-day simple moving average is $151.42 and its two-hundred day simple moving average is $147.55. Bank First National has a 52 week low of $119.08 and a 52 week high of $159.10. The stock has a market cap of $1.58 billion, a PE ratio of 17.73 and a beta of 0.42.

Bank First National (NASDAQ:BFC) last posted its earnings results on Tuesday, October 20th. The company reported $2.35 earnings per share for the quarter, missing the consensus estimate of $2.60 by ($0.25). The company had revenue of $75.44 million for the quarter, compared to analysts’ expectations of $65.80 million. Bank First National had a net margin of 27.38% and a return on equity of 12.89%. As a group, analysts forecast that Bank First National will post 9.94 EPS for the current fiscal year.

Bank First National Company Profile

Bank First National, operating as Bank First Corporation (NASDAQ:BFC), is the holding company for Bank First, a community bank headquartered in Manitowoc, Wisconsin. The bank provides banking services to individuals, families, businesses and municipalities through locations across Wisconsin.

Its products and services include checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate and business lending, agricultural loans, treasury management and online and mobile banking.