Bank First Corp — Form 8-K/A
Filed July 22, 2026 · analyzed by the 8-K Agent
8-K/A
▲ Likely positive
significance 52/100
What the filing says
Bank First reported Q2 2026 net income of $24.7M ($2.21/share), up 46% YoY from $16.9M ($1.71/share). The Centre 1 Bancorp acquisition ($1.48B in assets, closed Jan 1, 2026) increased total assets to $5.95B (+33%). Quarterly dividend increased 33% YoY to $0.60/share. Key metrics: NII $55.0M (+$18.3M YoY), NIM 4.13% (+41 bps YoY), nonperforming assets $27.8M (0.47% of assets). A second acquisition (PSB Holdings) is expected to close December 2026, bringing pro forma assets to ~$7.5B.
Why this rating
Centre deal adds 33% to asset base, modestly accretive. Dividend raise and strong earnings growth are positive, but integrations ongoing and share count increased. Moderate but not trajectory-changing for $1.1B company.
See more from July 22, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.