Bank First Corporation Tops Q2 Earnings and Revenue Estimates
Bank First Corporation (NASDAQ: BFC) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this company would post earnings of $1.49 per share when it actually produced earnings of $1.51, delivering a surprise of 1.34%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Bank First Corporation, which belongs to the Zacks Banks – Northeast industry, posted revenues of $38.88 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.48%. This compares to year-ago revenues of $38.34 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.
Bank First Corporation shares have added about 1.5% …
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