Bank First reports Q3 non-GAAP EPS $5.42 vs $4.71 last year

Reports Q3 Tangible book value per common share $44.30, compared to $44.28 at December 31, 2024 and $43.07 at September 30, 2024. “We are pleased to report that earnings per share through the first three quarters of 2025 increased by nearly 13% compared to the same period last year, despite incurring over $891,000 in merger expenses related to our acquisition of First National Bank & Trust in Beloit Wisconsin, which is scheduled to close on January 1, 2026,” stated Mike Molepske, Chairman and CEO of Bank First (BFC). “This continued growth in earnings was driven by mid-single-digit loan expansion and an increase in loan yields due to repricing. We expect loan repricing to continue boosting our loan portfolio yields for some time to come.”