EL7.AI
StocksMedium•24 July 2026•
1 min read

Bank First Reports $24.7M Q2 Net Income and Hikes Dividend by 33.3%

Key Facts

1Bank First reported net income of $24.7 million for the quarter ended June 30, 2026.
2Adjusted earnings per common share (non-GAAP) reached $2.45 after removing acquisition expenses.
3The company declared a quarterly cash dividend of $0.60 per share, a 33.3% increase over the prior-year second quarter.

Amid a robust performance in the regional banking sector, Bank First Corporation announced positive financial results for the second quarter of 2026. The company reported net income of $24.7 million for the quarter ended June 30, 2026, while adjusted earnings per common share (non-GAAP) reached $2.45 after excluding acquisition-related expenses. These results reflect the bank's ability to manage operational costs effectively despite the impact of recent expansion activities.

The company further bolstered shareholder confidence by declaring a quarterly cash dividend of $0.60 per share, representing a significant 33.3% increase over the prior-year second quarter. This move is supported by balance sheet growth, as financial data showed increases in total assets, loans, and core deposits, signaling continued growth in traditional banking operations.

According to the economic calendar, market participants are eyeing the New Zealand Balance of Trade on July 19 and China's Prime Rate decisions on July 20, which may influence broader global market sentiment.