Bank First Corp director Daniel McConeghy buys $40,173 in common stock

Published 19/03/2025, 21:04
Bank First Corp director Daniel McConeghy buys $40,173 in common stock

In a recent transaction disclosed by Bank First Corp (NASDAQ:BFC), Director Daniel C. McConeghy purchased 380 shares of the company’s common stock. The shares were acquired at a price of $105.72 each, amounting to a total transaction value of $40,173. Following this acquisition, McConeghy now directly owns 2,000 shares of Bank First Corp, showing confidence in the $1.04 billion market cap financial institution. The stock has demonstrated strong performance with a 27% return over the past year, while maintaining a modest P/E ratio of 15.8x. InvestingPro analysis indicates the stock is currently trading above its Fair Value.

This transaction was reported in a Form 4 filing with the Securities and Exchange Commission, highlighting McConeghy’s continued investment in the financial institution headquartered in Manitowoc, Wisconsin. The company has maintained dividend payments for 16 consecutive years, currently offering a 1.77% yield. InvestingPro subscribers can access additional insights, including two more bullish signals and comprehensive financial health metrics.

In other recent news, Bank First Corporation announced the resignation of Kristeen Pelot, the Senior Vice President of Operations. The company disclosed this development in a filing with the Securities and Exchange Commission, noting that Pelot will officially leave her position on April 30, 2025. The announcement did not include details about the reasons for her departure or information on her successor. This leadership change comes at a time when transitions within financial institutions are under close scrutiny by investors and industry analysts. Bank First Corporation has not yet commented on any potential impact on its operations or strategic direction following Pelot’s resignation. The SEC filing was signed by the company’s Chief Financial Officer, Kevin M. LeMahieu, ensuring the accuracy and timeliness of the report. Further details on the search for Pelot’s replacement have not been provided.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.