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Bank First National Corporation (NASDAQ:BFC) stock soared to an all-time high this week, reaching a price level of $117.26, just shy of its 52-week high of $119.04. According to InvestingPro analysis, the $1.16 billion market cap company currently trades above its Fair Value, suggesting investors might want to monitor valuation levels carefully. This milestone underscores a period of robust growth for the company, with the stock delivering an even more impressive 43.93% return over the past year. Investors have shown increasing confidence in Bank First National’s performance and prospects, propelling the stock to new heights and outpacing many of its peers in the financial sector. The company maintains a healthy 1.55% dividend yield and has raised its dividend for three consecutive years. InvestingPro subscribers can access 8 additional investment tips and detailed financial metrics to make more informed investment decisions.
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 due to substantial balance sheet growth and an increase in core fee income. Piper Sandler adjusted its price target for Bank First National Corp. to $111, slightly up from $110, while maintaining a neutral rating on the stock. The firm’s analyst noted the company’s potential for long-term value and its strong position to enhance 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 company’s first-quarter performance and anticipates increased buyback activity. The revised price target reflects a 15.0x multiple of the 2026 earnings estimate, considering the company’s stable credit quality and superior profitability outlook.
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