BFC 8-K SEC Filing Analysis

Latest settled — T+20d

BFC ▲ +2.06% at T+20d

NEUTRAL call ✓ call won +2.06% · α vs SPY -3.31% · entry $140.87 → $143.77

Next anchor: T+60d in 28d

Last close $145.16 (close Jun 12) · +3.05% from $140.87 entry

Entry anchored
Apr 16, 03:59 PM ET
via Databento tick

T+1d

-1.31%

call -1.31% · α -1.11%

$139.03

settled 8w ago

T+5d

+2.36%

call +2.36% · α +1.80%

$144.19

settled 8w ago

T+20d

+2.06%

call +2.06% · α -3.31%

$143.77

settled 5w ago

T+60d

—

call — · α —

—

in 28d

Price Chart

Loading chart...

Executive Summary

Bank First reported Q1 2026 earnings with GAAP EPS of $1.78, missing consensus by 24.2%, but adjusted EPS of $2.24 beat expectations. The bank completed its acquisition of Centre Bancorp, driving significant balance sheet growth and noninterest income expansion, though net interest margin declined to 3.96%.

Actionable Insight

The stock may react negatively to the GAAP EPS miss despite the adjusted beat, with focus on the 45bps NIM compression. Monitor integration costs and whether cost synergies from the Centre acquisition materialize in coming quarters.

Key Facts

GAAP EPS of $1.78 missed consensus of $2.35 by 24.2%
Adjusted EPS of $2.24 beat expectations after removing $6.5M acquisition costs
Net interest margin declined to 3.96% from 4.01% in prior quarter
Acquisition of Centre Bancorp added $1.48B in assets and $1.38B in deposits
Noninterest income doubled to $10.5M, driven by new Trust and Wealth Management line

Financial Impact

Adjusted net income beat by 4.9% vs consensus, but GAAP EPS missed by 24.2%

epsrevenuenet interest marginnoninterest incometangible book value

Risk Factors

NIM compression from acquisition-related purchase accounting unwind
Elevated nonperforming assets at $30M (0.50% of total assets)
Integration risks from Centre Bancorp acquisition

Market Snapshot

Exchange

Nasdaq

Sector

National Commercial Banks

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001104659-26-044352
Document: tm2611895d1_8k.htm	0001104659-26-044352
Document: 0001104659-26-044352-index-headers.html	0001104659-26-044352
Document: 0001104659-26-044352-index.html	0001104659-26-044352
Document: 0001104659-26-044352.txt	0001104659-26-044352
8-K Data (Synthetic)	0001104659-26-044352

5 reports for BFC

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for BFC — sortable, filterable
	Type				Now
Jun 11, 2026 3d ago	Institutional Cluster BULLISH ★ 5/10	$145.03 awaiting T+5	awaiting T+5	—	$145.16 (+0.09%)
May 19, 2026 26d ago	8-K BULLISH ★ 7/10	$143.05 $140.83	▼ −1.55%	▼ −3.35%	$145.16 (+1.48%)
Apr 24, 2026 7w ago	DEFA14A NEUTRAL ★ 3/10	$144.19 $145.31	▲ +0.78%	▼ −0.13%	$145.16 (+0.67%)
Apr 22, 2026 7w ago	8-K NEUTRAL ★ 4/10	$141.83 $144.81	▲ +2.10%	▲ +0.62%	$145.16 (+2.35%)
Apr 16, 2026 8w ago	8-K MIXED ★ 6/10	$140.87 $144.19	▲ +2.36%	▲ +1.80%	$145.16 (+3.05%)

US Market Status

Market Closed — Opens in 4h 18m

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access