Welcome to our dedicated page for Bankfirst Cap news (Ticker: BFCC), a resource for investors and traders seeking the latest updates and insights on Bankfirst Cap stock.
BankFirst Capital Corporation (NASDAQ: BFCC) maintains this dedicated news hub for investors and stakeholders tracking developments at this Mississippi-based community banking institution. Our curated collection provides official press releases and verified financial updates directly from the company.
This resource serves as your primary source for BFCC's strategic announcements, including quarterly earnings disclosures, leadership transitions, product launches, and regulatory filings. Users gain streamlined access to material information affecting the bank's operational performance and market position.
The archive features updates across key operational areas: financial results, branch network expansions, digital banking enhancements, and community development initiatives. All content undergoes verification to ensure compliance with financial disclosure standards.
Bookmark this page for convenient access to BFCC's latest corporate communications. For comprehensive analysis of these developments, consult our educational resources on evaluating banking sector investments.
BankFirst Capital Corporation (OTCQX: BFCC) reported strong financial results for Q4 2022, with net income reaching $7.0 million ($1.31 per share), up from $5.3 million ($1.00 per share) in Q3 2022 and $4.4 million ($0.84 per share) in Q4 2021. The company’s total assets increased 37% year-over-year to $2.5 billion, driven by significant loan and deposit growth. Total loans rose by 26% to $1.5 billion, while total deposits increased 32% to $2.1 billion. The company also completed acquisitions of Tate Financial Corporation and Mechanics Banc Holding Company, expanding its operations and asset base substantially.
BankFirst Capital Corporation (OTCQX: BFCC) has successfully completed its acquisition of Mechanics Banc Holding Company and its subsidiary, Mechanics Bank, effective January 1, 2023. With this acquisition, BankFirst expands its operations to 47 locations across Mississippi and Alabama, increasing its total assets to approximately $2.7 billion, gross loans to about $1.7 billion, and total deposits to roughly $2.4 billion. Key executives from Mechanics join BankFirst, enhancing its regional leadership.
BankFirst Capital Corporation (OTCQX: BFCC) declared a cash dividend of $0.85 per share on November 17, 2022. This dividend is payable on December 9, 2022, for shareholders recorded as of December 1, 2022. With total assets around $2.2 billion as of September 30, 2022, the company continues to exhibit confidence in shareholder returns through consistent dividend payments. This marks a continued commitment to rewarding investors amidst a stable financial backdrop.
BankFirst Capital Corporation (OTCQX:BFCC) has successfully completed its acquisition of Tate Financial Corporation and its subsidiary, Sycamore Bank, enhancing its operational footprint in Mississippi and Alabama. This strategic move expands BankFirst's network to 38 offices, with total assets now approximated at $2.5 billion, gross loans at $1.4 billion, and total deposits reaching $2.1 billion. Key executives from Sycamore Bank have transitioned to roles within BankFirst, signaling a consolidation of leadership.
