Bank First Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 18, 2023 at 01:31 am IST
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Bank First Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 34.06 million compared to USD 27.69 million a year ago. Net income was USD 14.8 million compared to USD 10.53 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 1.26 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 1.26 a year ago.
For the nine months, net interest income was USD 100.56 million compared to USD 73.46 million a year ago. Net income was USD 39.62 million compared to USD 32.37 million a year ago. Basic earnings per share from continuing operations was USD 3.89 compared to USD 4.15 a year ago. Diluted earnings per share from continuing operations was USD 3.89 compared to USD 4.15 a year ago.
Bank First Corporation serves as the holding company of Bank First, N.A. (the Bank). The Bank has about 26 offices, including its headquarters, in Brown, Columbia, Dane, Fond du Lac, Jefferson, Manitowoc, Monroe, Outagamie, Ozaukee, Shawano, Sheboygan, Waupaca, Waushara, and Winnebago counties in the State of Wisconsin. The Bank serves businesses, professionals, and consumers with a variety of financial services, including retail and commercial banking. The Bank offers products, including 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, online banking, telephone banking and mobile banking. The Bank has three subsidiaries: Bank First Investments, Inc., TVG Holdings, Inc. (TVG) and BFC Title, LLC. Bank First Investments, Inc. provides investment and safekeeping services to the Bank.