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In a remarkable display of financial strength, Bank First National Corporation (NASDAQ:BFC) stock has soared to an all-time high, reaching a price level of $117.34. This milestone underscores a period of significant growth for the company, which has seen its stock value climb by an impressive 54% over the past year. With a market capitalization of $1.16 billion and a P/E ratio of 17.2, the company currently trades above its InvestingPro Fair Value. Investors have shown increasing confidence in Bank First National’s performance and prospects, propelling the stock to new heights and setting a robust precedent for its market trajectory. The bank’s strategic initiatives and strong financial results have evidently resonated well with the market, leading to this record-setting achievement. According to InvestingPro, the company maintains a healthy 1.54% dividend yield and has maintained dividend payments for 16 consecutive years, demonstrating consistent shareholder returns. InvestingPro analysis reveals 8 additional key insights about BFC’s performance and outlook.
In other recent news, Bank First National Corp. reported strong financial results for the first quarter, with a return on assets of 1.6% and a return on tangible common equity of 16%. The company experienced a 5% positive surprise in pre-provision net revenue, attributed to significant balance sheet growth and an increase in core fee income. Piper Sandler adjusted its price target for Bank First National Corp. to $111 from $110, maintaining a neutral rating. The firm’s analyst highlighted the company’s potential for long-term value and its strong position to enhance scale and earnings per share growth through mergers and acquisitions. Despite the positive outlook, the neutral rating was reiterated due to the stock’s current premium valuation. The earnings per share estimates for 2025 and 2026 were revised upward by 5% and 1% to $7.25 and $7.40, respectively. This adjustment follows the first-quarter performance and anticipates increased buyback activity. The new price target reflects a 15.0x multiple of the firm’s 2026 earnings estimate, acknowledging the company’s stable credit quality prospects and superior profitability outlook.
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