BFC Q2 2025 Earnings
Reported Jul 18, 2025 at 9:00 AM ET · SEC Source
Q2 25 EPS
$1.71
MISS 5.26%
Est. $1.81
Q2 25 Revenue
$41.6M
MISS 5.13%
Est. $43.9M
vs S&P Since Q2 25
-1.1%
TRAILING MARKET
BFC +15.8% vs S&P +16.8%
Market Reaction
Did BFC Beat Earnings? Q2 2025 Results
Bank First Corporation delivered a softer-than-expected second quarter, with earnings of $1.71 per share falling 5.26% short of the $1.80 consensus estimate and revenue of $41.60 million missing forecasts by 5.13%, while sliding 23.4% from the year-a… Read more Bank First Corporation delivered a softer-than-expected second quarter, with earnings of $1.71 per share falling 5.26% short of the $1.80 consensus estimate and revenue of $41.60 million missing forecasts by 5.13%, while sliding 23.4% from the year-ago period. The primary culprit behind the revenue shortfall was a decline in noninterest income to $4.90 million from $5.90 million a year earlier, reflecting the absence of one-time insurance gains and a negative mortgage servicing rights adjustment, even as net interest income climbed $3.70 million year-over-year to $36.70 million on the back of expanding margins. Net interest margin widened to 3.72% from 3.63%, with June alone touching 3.77%, a trajectory that underpins CEO Mike Molepske's view that continued yield curve normalization should support further margin improvement in coming quarters. The results arrive alongside Bank First's announced all-stock deal to acquire Centre 1 Bancorp for approximately $174.30 million, a transaction that would push the combined institution toward nearly $6 billion in total assets.
Key Takeaways
- • Yield curve normalization benefiting net interest margin
- • New and renewed loans pricing at higher yields
- • Certificates of deposit and other deposits repricing lower
- • Net interest margin expanded to 3.72% from 3.63% year-over-year
- • Total loans grew $151.7 million year-over-year
- • Total deposits grew $195.5 million year-over-year
BFC YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
BFC Revenue by Segment
Business unit performance breakdown
“Bank First continues to benefit from recent moves towards normalization of the yield curve after an extended period of yield curve inversion. While we pride ourselves on being interest rate neutral, which minimizes the impact of changes in interest rates on our earnings, a normalized yield curve benefits the entire banking industry. If this move towards normalization continues, Bank First should see an improving net interest margin over the coming months and years.”
— Mike Molepske, Q2 2025 Earnings Press Release
BFC Earnings Trends
BFC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BFC EPS Trend
Earnings per share: estimate vs actual
BFC Revenue Trend
Quarterly revenue: estimate vs actual
BFC Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $2.35 | $2.24 | -4.68% | $63.7M | -2.97% |
| Q4 25 BEAT FY | $1.81 | $1.87 | +3.31% | $45.0M | +2.62% |
| FY Full Year | — | $7.23 | — | $171.0M | — |
| Q3 25 BEAT | $1.81 | $1.83 | +1.10% | $44.3M | +0.34% |
| Q2 25 MISS | $1.81 | $1.71 | -5.26% | $41.6M | -5.13% |