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Stock impact report

Bank First Announces Net Income for the Third Quarter of 2019

Bank First Corporation (BFC) 
Last bank first corporation earnings: 4/22 09:00 am Check Earnings Report
Company Research Source: PR Newswire
MANITOWOC, Wis., Oct. 16, 2019 /PRNewswire/ -- Bank First Corporation (NASDAQ: BFC) ("Bank First" or the "Company"), the holding company for Bank First, N.A., reported net income of $6.7 million, or $0.95 per share, for the third quarter of 2019, compared with net income of $5.9 million, or $0.89 per share, for the respective prior-year period. For the nine months ended September 30, 2019, Bank First earned $19.2 million, or $2.86 per share, compared to $19.4 million, or $2.90 per share for the same period in 2018.Operating ResultsNet interest income during the third quarter of 2019 was $20.3 million, up $4.9 million from the previous quarter and up $4.8 million from the third quarter of 2018. As discussed in detail below, these comparisons to the prior quarter and prior-year third quarter were heavily impacted by purchase accounting adjustments. Net interest income for the first nine months of 2019 was $50.9 million, up from $47.6 million for the first nine months of 2018.Interest in Show less Read more
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