BFC at a glance
Bank First Corp (BFC, SEC CIK 1746109) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on July 22, 2026 and Form 4 insider filings as recently as September 11, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Bank First Corp (BFC) reported revenue of $221.7 million (up 7.4% from FY2024) and net income of $71.5 million. Diluted EPS was $7.23.
- As of June 30, 2026, 28 institutional investment managers tracked by SignalX reported holding Bank First Corp (BFC) shares worth $370.9 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Van Sistine Peter J. on September 11, 2026 of 1,848 shares at $155.57 per share.
- In the last 90 days, BFC insiders reported 1 open-market purchase ($161K) and 1 open-market sale ($287K) on Form 4, a net sale of $127K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $221.7M
- +7.4% vs prior year
- Insiders · 90 days
- 1 buy · 1 sell
- Net −$127K
- 13F holders
- 28 funds
- $370.9M · +1 vs prior quarter
- Latest 8-K
- Jul 22, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Community-focused banking offering retail and commercial financial services across Wisconsin and Illinois with $4.51 billion in assets
- Strategic acquisition of Centre 1 Bancorp, Inc. completed Jan 1, 2026, enhancing market presence and relationship-based banking model
- Loan portfolio $3.60 billion, 80.1% of assets; commercial real estate largest segment at $1.78 billion (49.3% of loans)
- Workforce size steady at ~380 FTE, with 73% female employees and diversity efforts highlighted in hiring and development programs
- Added Information Technology as sixth strategic priority, emphasizing cybersecurity, data transformation, and digital banking improvements
Risk Factors
- Cybersecurity risk oversight by Board Audit Committee with ISO reporting and annual CRI assessments under SEC incident evaluation rules
- ISO key-person risk: one individual with 3 years as ISO, 6 years as Enterprise Risk Manager, crucial to cyber risk management
- Third-party consultant co-sourced relationship for cybersecurity risk management introduces operational reliance outside the company
- No specific regulatory, geopolitical, competitive, or financial risks detailed in the section provided
Management Discussion & Analysis
- Revenue impacted by $168.8M acquisition of Centre 1 Bancorp on Jan 1, 2026, adding 17 branches and wealth management services
- No profitability or margin percentages stated for FY 2026 or prior year for comparison
- Segment info limited; acquisition expanded Wisconsin/Illinois footprint and added wealth management; insurance segment (Ansay) contributed noninterest income but no numbers given
- Forward-looking focus on integration completion in Q2 2026, operational continuity, client retention, risk, capital, and liquidity discipline
AI summary of the BFC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Net interest income $55.0M, up $18.3M from $36.7M YoY; net income $24.7M vs $16.9M
- Net interest margin 4.13% vs 3.72% YoY; return on average assets 1.66% vs 1.54%
- Best line net interest income $55.0M; noninterest income $10.0M vs $4.9M YoY
- Cash and equivalents $266.5M vs $120.3M YoY; loans $4.52B vs $3.58B
- Peoples merger expected in fourth quarter 2026, subject to shareholder and regulatory approvals; consideration approximately $202.9M
Risk Factors
- No risk-factors section provided; supplied text covers repurchases and exhibits rather than 10-Q risk disclosures
- New merger agreement with PSB Holdings dated May 19, 2026
- Share-repurchase authorization up to $60 million annually through April 20, 2028
- 1% nondeductible excise tax applies to covered-corporation stock repurchases under the Inflation Reduction Act
- 144,000 shares repurchased during second quarter 2026 at average $141.09 per share
AI summary of the BFC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 references incorporated filings but provides no earnings figures or operating results
- Investor-relevant details require review of the referenced Securities Act or Exchange Act filings
Item EX-99.1: Item EX-99.1
- Q2 net income $24.7M, or $2.21 per share, up from $16.9M and $1.71 year over year
- Adjusted EPS $2.45 versus $1.69, excluding $3.3M of acquisition expenses and other items
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 text contains only an incorporation-by-reference disclaimer
- No fiscal 2026 financial results or operating metrics provided
Item EX-99.1: Item EX-99.1
- Q2 net income $24.7M, or $2.21 per share, versus $16.9M and $1.71 year over year
- Adjusted EPS $2.45, excluding $3.3M acquisition expenses and asset-sale effects
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Three new directors elected: SriRaj Kantamneni, Tracy C. Pearson, and William J. Ring
- Each appointed to three-year terms on Bank First Corporation’s board
AI summaries of BFC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for BFC
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Van Sistine Peter J. | Sell | Sep 11, 2026 | 1,848 | $155.57 |
| Pearson Tracy C | Buy | Aug 17, 2026 | 1,024 | $156.97 |
| Eldred Steven M | G | Jun 30, 2026 | 1,003 | $148.55 |
| Sprang Todd A. | Buy | Apr 22, 2026 | 450 | $138.96 |
| Stayer-Suprick Michael S | Buy | Apr 21, 2026 | 225 | $140.04 |
| LeMahieu Kevin M. | G | Apr 9, 2026 | 1,785 | $142.61 |
| Krepline Jason V | A | Mar 6, 2026 | 1,380 | $135.23 |
| Molepske Michael B. | F | Mar 6, 2026 | 2,277 | $135.23 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $182.5M | $206.4M | $221.7M |
| Net Income | $74.5M | $65.6M | $71.5M |
| Net Margin | 40.8% | 31.8% | 32.2% |
| Balance Sheet | |||
| Total Assets | $4.2B | $4.5B | $4.5B |
| Equity | - | $639.7M | $643.8M |
| ROE | - | 10.2% | 11.1% |
| Per Share | |||
| EPS | $7.28 | $6.50 | $7.23 |
| Cash Flow | |||
| Operating CF | $52.9M | $65.8M | $62.5M |
| CapEx | $13.5M | $7.2M | $11.4M |
Source: XBRL data in Bank First Corp (BFC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate BFC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 28 | $370.9M |
| Q1 2026 | 27 | $319.2M |
| Q4 2025 | 26 | $273.5M |
| Q3 2025 | 25 | $285.7M |
| Q2 2025 | 25 | $229.3M |
| Q1 2025 | 23 | $119.8M |
| Q4 2024 | 18 | $100.9M |
| Q3 2024 | 16 | $45.3M |
- State Street Corp+88.8K (+25%)
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- Dimensional Fund Advisors+28.0K (+18%)
- Vanguard Portfolio Management LLC+10.6K (+8%)
- AQR Capital Management+5.7K (+45%)
- Two Sigma Investments−28.8K (-81%)
- Raymond James Financial−18.6K (-88%)
- Renaissance Technologies LLC−13.7K (-41%)
- Citadel Advisors LLC−10.4K (-54%)
- Vanguard Capital Management LLC−5.6K (-1%)
- Allstate+4.3K
Source: 13F-HR filings on SEC EDGAR (aggregated from 188 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
BFC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 11, 2026 | - | - | - |
| 4 | Aug 24, 2026 | - | - | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jul 1, 2026 | - | - | - |
| 8-K | Jun 23, 2026 | - | Analysis | - |
| 8-K | Jun 18, 2026 | - | Analysis | - |
| 8-K | May 19, 2026 | - | Analysis | |
| 10-Q | May 11, 2026 | Mar 31, 2026 | Analysis | |
| 4 | Apr 23, 2026 | - | - | - |
| 4 | Apr 23, 2026 | - | - | - |
| 8-K | Apr 22, 2026 | - | Analysis | - |
| 8-K | Apr 16, 2026 | - | Analysis | - |
| 4 | Apr 10, 2026 | - | - | - |
| 4 | Mar 19, 2026 | - | - | - |
| 8-K | Mar 16, 2026 | - | Analysis | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
| 4 | Mar 10, 2026 | - | - | - |
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BFC SEC filings: frequently asked questions
Are BFC insiders buying or selling?
In the last 90 days, Bank First Corp (BFC) officers, directors and 10% owners reported 1 open-market purchase worth $160,737 by 1 insider and 1 open-market sale worth $287,493 by 1 insider on Form 4, a net sale of $126,756. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold BFC stock?
As of June 30, 2026, the largest Bank First Corp (BFC) holders among the 13F filers tracked by SignalX were BlackRock ($121.9 million), Vanguard Capital Management LLC ($69.0 million), State Street Corp ($65.1 million), Dimensional Fund Advisors ($27.8 million), Vanguard Portfolio Management LLC ($21.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was BFC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Bank First Corp (BFC) reported revenue of $221.7 million (up 7.4% from FY2024) and net income of $71.5 million. Diluted EPS was $7.23. The figures come from the XBRL data in the 10-K.
What are the main risks in BFC's latest 10-K?
In the 10-K filed February 27, 2026, Bank First Corp (BFC) flagged: Cybersecurity risk oversight by Board Audit Committee with ISO reporting and annual CRI assessments under SEC incident evaluation rules. ISO key-person risk: one individual with 3 years as ISO, 6 years as Enterprise Risk Manager, crucial to cyber risk management. (AI summary of the Risk Factors section.)
What did BFC report in its latest 8-K?
Bank First Corp (BFC) filed an 8-K on July 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Item 2.02 references incorporated filings but provides no earnings figures or operating results.
What are the latest BFC SEC filings?
Bank First Corp (BFC) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on July 22, 2026 and a Form 4 insider filing on September 11, 2026.
What is BFC's SEC CIK number?
Bank First Corp (BFC)'s SEC Central Index Key (CIK) is 1746109. EDGAR lists every BFC filing under that number.
Ask anything about BFC
The research agent reads BFC's filings, financials, insider trades and 13F holders, then answers with sources.