Bank First National Corporation (BFC) to Issue Quarterly Dividend of $0.50 on April 8th

Bank First National Corporation (NASDAQ:BFC) announced a quarterly dividend on Thursday, January 22nd. Stockholders of record on Wednesday, March 25th will be paid a dividend of 0.50 per share on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, March 25th. This is a 11.1% increase from Bank First National’s previous quarterly dividend of $0.45.

Bank First National has increased its dividend payment by an average of 0.5%per year over the last three years and has raised its dividend annually for the last 10 consecutive years. Bank First National has a dividend payout ratio of 26.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Bank First National to earn $7.35 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 27.2%.

Bank First National Stock Down 2.9%

NASDAQ:BFC opened at $130.32 on Monday. The company has a market cap of $1.46 billion, a PE ratio of 18.02 and a beta of 0.43. The stock has a 50-day simple moving average of $138.44 and a 200 day simple moving average of $130.91. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00. Bank First National has a 52-week low of $93.00 and a 52-week high of $152.99.

Bank First National (NASDAQ:BFC) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.25. Bank First National had a net margin of 29.31% and a return on equity of 11.61%. The company had revenue of $49.68 million during the quarter, compared to analysts’ expectations of $43.75 million. On average, sell-side analysts expect that Bank First National will post 6.9 EPS for the current fiscal year.

About Bank First National

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.