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

Bank First National Corporation (NASDAQ:BFC) declared a quarterly dividend on Tuesday, July 21st. Investors of record on Wednesday, September 23rd will be given a dividend of 0.60 per share on Wednesday, October 7th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 9.1% increase from Bank First National’s previous quarterly dividend of $0.55.

Bank First National has raised its dividend by an average of 0.5%annually over the last three years and has raised its dividend annually for the last 10 consecutive years. Bank First National has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Bank First National to earn $11.07 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 19.9%.

Bank First National Price Performance

Shares of NASDAQ:BFC opened at $146.37 on Thursday. Bank First National has a twelve month low of $115.29 and a twelve month high of $154.29. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.63 billion, a PE ratio of 19.03 and a beta of 0.41. The company’s 50 day moving average is $144.54 and its 200 day moving average is $140.49.

Bank First National (NASDAQ:BFC) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.17. Bank First National had a return on equity of 13.02% and a net margin of 27.70%.The company had revenue of $75.04 million during the quarter, compared to the consensus estimate of $64.40 million. On average, sell-side analysts forecast that Bank First National will post 9.69 EPS for the current year.

Bank First National Company Profile

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.