Bank First Announces Net Income for the Second Quarter of 2025
Bank First Corporation (NASDAQ: BFC) reported strong Q2 2025 financial results with net income of $16.9 million, or $1.71 per share, up from $16.1 million in Q2 2024. The bank's performance showed improvement with net interest margin increasing to 3.72% from 3.63% year-over-year. Total assets reached $4.37 billion, while loans grew to $3.58 billion.
The bank declared a quarterly cash dividend of $0.45 per share and a special dividend of $3.50 per share. Asset quality remained strong with minimal nonperforming assets at 0.31% of total assets. The bank's stockholders' equity stood at $612.3 million, with book value per share at $62.27, despite capital returns through dividends ($43.6 million) and share repurchases ($22.0 million) in the first half of 2025.
The bank continues to benefit from yield curve normalization and maintains strong core deposits representing nearly all of its $3.60 billion deposit base.Bank First Corporation (NASDAQ: BFC) ha riportato solidi risultati finanziari nel secondo trimestre del 2025 con un utile netto di 16,9 milioni di dollari, pari a 1,71 dollari per azione, in aumento rispetto ai 16,1 milioni di dollari del secondo trimestre 2024. La performance della banca è migliorata grazie a un margine di interesse netto salito al 3,72% rispetto al 3,63% dell'anno precedente. Gli attivi totali hanno raggiunto i 4,37 miliardi di dollari, mentre i prestiti sono cresciuti fino a 3,58 miliardi di dollari.
La banca ha dichiarato un dividendo trimestrale in contanti di 0,45 dollari per azione e un dividendo speciale di 3,50 dollari per azione. La qualità degli attivi è rimasta solida con un livello minimo di attività non performanti pari allo 0,31% degli attivi totali. Il patrimonio netto degli azionisti si attestava a 612,3 milioni di dollari, con un valore contabile per azione di 62,27 dollari, nonostante i ritorni di capitale attraverso dividendi (43,6 milioni di dollari) e riacquisti di azioni (22,0 milioni di dollari) nella prima metà del 2025.
La banca continua a beneficiare della normalizzazione della curva dei rendimenti e mantiene forti depositi core che rappresentano quasi l'intera base depositi di 3,60 miliardi di dollari.
Bank First Corporation (NASDAQ: BFC) reportó sólidos resultados financieros en el segundo trimestre de 2025 con un ingreso neto de 16,9 millones de dólares, o 1,71 dólares por acción, superior a los 16,1 millones de dólares del segundo trimestre de 2024. El desempeño del banco mostró mejoras con un margen de interés neto que aumentó al 3,72% desde 3,63% interanual. Los activos totales alcanzaron los 4,37 mil millones de dólares, mientras que los préstamos crecieron hasta 3,58 mil millones de dólares.
El banco declaró un dividendo trimestral en efectivo de 0,45 dólares por acción y un dividendo especial de 3,50 dólares por acción. La calidad de los activos se mantuvo sólida con activos improductivos mínimos en 0,31% del total de activos. El patrimonio neto de los accionistas fue de 612,3 millones de dólares, con un valor contable por acción de 62,27 dólares, a pesar de los retornos de capital mediante dividendos (43,6 millones de dólares) y recompras de acciones (22,0 millones de dólares) en la primera mitad de 2025.
El banco continúa beneficiándose de la normalización de la curva de rendimiento y mantiene depósitos centrales sólidos que representan casi toda su base de depósitos de 3,60 mil millones de dólares.
Bank First Corporation (NASDAQ: BFC)는 2025년 2분기에 순이익 1,690만 달러를 기록했으며 주당 순이익은 1.71달러로 2024년 2분기의 1,610만 달러에서 증가했습니다. 은행의 실적은 순이자마진이 전년 대비 3.63%에서 3.72%로 상승하며 개선되었습니다. 총 자산은 43억 7천만 달러에 달했고 대출금은 35억 8천만 달러로 증가했습니다.
은행은 분기별 현금 배당금으로 주당 0.45달러와 특별 배당금으로 주당 3.50달러를 선언했습니다. 자산 품질은 총 자산의 0.31%에 불과한 최소한의 부실 자산으로 견고하게 유지되었습니다. 주주 지분은 6억 1,230만 달러였으며, 주당 장부 가치는 62.27달러였습니다. 이는 2025년 상반기에 배당금(4,360만 달러)과 자사주 매입(2,200만 달러)을 통한 자본 환원에도 불구하고 유지된 수치입니다.
은행은 수익률 곡선 정상화의 혜택을 계속 누리고 있으며, 36억 달러에 달하는 예금 기반의 거의 전부를 차지하는 강력한 핵심 예금을 유지하고 있습니다.
Bank First Corporation (NASDAQ : BFC) a annoncé de solides résultats financiers pour le deuxième trimestre 2025 avec un bénéfice net de 16,9 millions de dollars, soit 1,71 dollar par action, en hausse par rapport à 16,1 millions de dollars au deuxième trimestre 2024. La performance de la banque s'est améliorée avec une marge nette d'intérêt passant à 3,72% contre 3,63% d'une année sur l'autre. Le total des actifs a atteint 4,37 milliards de dollars, tandis que les prêts ont augmenté pour atteindre 3,58 milliards de dollars.
La banque a déclaré un dividende trimestriel en espèces de 0,45 dollar par action ainsi qu'un dividende spécial de 3,50 dollars par action. La qualité des actifs est restée solide avec un minimum d'actifs non performants représentant 0,31% du total des actifs. Les capitaux propres des actionnaires s'élevaient à 612,3 millions de dollars, avec une valeur comptable par action de 62,27 dollars, malgré des retours de capital via dividendes (43,6 millions de dollars) et rachats d'actions (22,0 millions de dollars) au premier semestre 2025.
La banque continue de bénéficier de la normalisation de la courbe des taux et maintient des dépôts de base solides représentant presque la totalité de sa base de dépôts de 3,60 milliards de dollars.
Bank First Corporation (NASDAQ: BFC) meldete starke Finanzergebnisse für das zweite Quartal 2025 mit einem Nettoeinkommen von 16,9 Millionen US-Dollar bzw. 1,71 US-Dollar pro Aktie, gegenüber 16,1 Millionen US-Dollar im zweiten Quartal 2024. Die Leistung der Bank verbesserte sich durch eine Steigerung der Nettozinsmarge auf 3,72% gegenüber 3,63% im Vorjahresvergleich. Die Gesamtaktiva erreichten 4,37 Milliarden US-Dollar, während die Kredite auf 3,58 Milliarden US-Dollar anwuchsen.
Die Bank erklärte eine vierteljährliche Bardividende von 0,45 US-Dollar pro Aktie sowie eine Sonderdividende von 3,50 US-Dollar pro Aktie. Die Vermögensqualität blieb mit minimalen notleidenden Vermögenswerten von 0,31% der Gesamtaktiva stark. Das Eigenkapital der Aktionäre belief sich auf 612,3 Millionen US-Dollar, mit einem Buchwert je Aktie von 62,27 US-Dollar, trotz Kapitalrückflüssen durch Dividenden (43,6 Millionen US-Dollar) und Aktienrückkäufe (22,0 Millionen US-Dollar) in der ersten Hälfte des Jahres 2025.
Die Bank profitiert weiterhin von der Normalisierung der Zinsstrukturkurve und hält starke Kern-Einlagen, die nahezu die gesamte Einlagenbasis von 3,60 Milliarden US-Dollar ausmachen.
- Net income increased to $16.9 million in Q2 2025, up from $16.1 million year-over-year
- Net interest margin improved to 3.72% from 3.63% year-over-year
- Total loans grew by $151.7 million year-over-year to $3.58 billion
- Strong deposit base with $3.60 billion, up $195.5 million from prior year
- Declared special dividend of $3.50 per share in addition to regular $0.45 quarterly dividend
- Excellent asset quality with only 0.31% nonperforming assets to total assets
- Stockholders' equity decreased by $27.4 million from end of 2024
- Noninterest income declined to $4.9 million from $5.9 million year-over-year
- Noninterest expense increased to $20.8 million from $19.1 million in Q2 2024
- Nonperforming assets increased to $13.6 million from $9.2 million at end of Q4 2024
Insights
Bank First posted solid Q2 2025 results with improving net interest margin and modest growth amid strategic capital management actions.
Bank First Corporation reported
The bank's net interest margin (NIM) improved to
Loan growth remained positive with the portfolio expanding by
Asset quality metrics remain excellent despite a slight uptick in nonperforming assets to
The bank's aggressive capital management strategy is noteworthy, with
- Net income of
$16.9 million $35.1 million - Earnings per common share of
$1.71 $3.53 - Annualized return on average assets of
1.54% and1.59% for the three and six months ended June 30, 2025, respectively - Quarterly cash dividend of
$0.45 12.5% higher than the prior-year second quarter
"Bank First continues to benefit from recent moves towards normalization of the yield curve after an extended period of yield curve inversion," stated Mike Molepske, Chairman and CEO of Bank First. "While we pride ourselves on being interest rate neutral, which minimizes the impact of changes in interest rates on our earnings, a normalized yield curve benefits the entire banking industry. If this move towards normalization continues, Bank First should see an improving net interest margin over the coming months and years."
Operating Results
Net interest income ("NII") during the second quarter of 2025 was
Net interest margin ("NIM") was
Bank First recorded a provision for credit losses of
Noninterest income was
Noninterest expense totaled
Balance Sheet
Total assets were
Total loans were
Total deposits, nearly all of which remain core deposits, were
Asset Quality
Nonperforming assets at June 30, 2025 remained negligible, totaling
Capital Position
Stockholders' equity totaled
Dividend Declaration
Bank First's Board of Directors approved a quarterly cash dividend of
Bank First Corporation provides financial services through its subsidiary, Bank First, N.A., which was incorporated in 1894. Bank First offers loan, deposit, and treasury management products at its 27 banking locations in
For further information, contact:
Kevin M LeMahieu, Chief Financial Officer
Phone: (920) 652-3200 / klemahieu@bankfirst.com
View original content:https://www.prnewswire.com/news-releases/bank-first-announces-net-income-for-the-second-quarter-of-2025-302508444.html
SOURCE Bank First Corporation
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