
Overview
U.S. financial services firm's Q4 net income rose yr/yr
Company declared 11.1% higher quarterly dividend
Outlook
Bank First did not provide specific guidance for future quarters
Result Drivers
ACQUISITION IMPACT - Acquisition of Centre 1 Bancorp expanded reach and added new services
HIGHER LOAN YIELDS - Improvement in net interest margin driven by higher yields on newly originated and renewed loans
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | Beat | $1.87 | $1.75 (2 Analysts) |
Q4 Net Income | Beat | $18.40 mln | $18.08 mln (1 Analyst) |
Q4 Net Interest Income |
| $40.2 mln |
|
Q4 Dividend |
| $0.50 |
|
Q4 Net Interest Margin |
| 4.01% |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Bank First Corp is $143.50, about 5.8% above its January 21 closing price of $135.68
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago
Press Release: ID:nPn8Gc37da
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