1 insider bought €139k of shares over the last 90 days, the latest filed 24 Aug 2026.
Bank First Corp, classified in the Finance & Banking sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). 16 insiders have disclosed 23 filings since 18 October 2025.
The record shows 4 purchases on the open market worth €237k, made by 3 insiders, against 2 sales worth €1.2M by 2 insiders. The net balance comes to €996k on the selling side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Those buying include 3 senior executives. Biggest ticket of the year: €985k, sold by Eldred Steven M and made public on 12 February 2026.
The data flag 2 purchases as part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The most recent open-market purchase was published on 24 August 2026, 54 days ago. Typically, a trade is published a median of 4 days after it takes place. Section 16 rules allow two business days to file each Form 4.
With 23 filings in twelve months, the company is more active than the median of 19 filings across the 5,816 companies we follow on the same exchange. The full history, which starts in 2021, counts 12 purchases against 4 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists net income at 71.5 m USD; the dividend was 5.30 USD per share.
In the same sector, recent insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc also feature in our signals. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 96 declarations
Bank First Corp. (BFC) is a U.S.-listed bank holding company traded on NASDAQ, positioned as a relationship-driven regional community bank rather than a large national money center institution. Its operating business is conducted primarily through Bank First, N.A., a franchise whose roots date back to 1894, when the predecessor institution was founded as the Bank of Manitowoc. The company is headquartered in Manitowoc, Wisconsin, and its identity remains closely tied to that long-standing Midwest community-banking heritage. ([ir.bankfirst.com](https://ir.bankfirst.com/overview/default.aspx))
Bank First’s core business mix is straightforward and typical of a high-quality community bank: loans, deposits, treasury management, and wealth management services. That product set gives the bank exposure to both balance-sheet income and fee-based relationships, serving households, small businesses, and commercial customers across its footprint. The company also offers insurance services through its bond with Ansay & Associates, LLC, and it provides trust, investment advisory, and related financial services through regional partnerships. From an analyst’s perspective, this is a diversified local-bank model designed to deepen customer relationships and generate recurring revenue streams beyond basic spread income. ([ir.bankfirst.com](https://ir.bankfirst.com/overview/default.aspx))
The competitive strategy has been built around disciplined acquisitions and de novo branch expansion. Bank First has historically used M&A to expand its reach while preserving a community-banking orientation. The most important recent development is the merger with First National Bank & Trust (FNBT), effective January 1, 2026. Following that transaction, Bank First operates 38 banking locations across Wisconsin and the Stateline area of Illinois; the 11 FNBT offices temporarily operate as a division of Bank First until systems conversion in May 2026. This supports a broader but still highly regional franchise, with scale benefits coming from integration rather than national expansion. ([ir.bankfirst.com](https://ir.bankfirst.com/overview/default.aspx))
Recent company developments underline both growth and community visibility. In its 2024 year-end materials, Bank First reported assets of approximately $4.5 billion and about 357 full-time equivalent employees; the 2026 corporate profile, after the FNBT merger, describes assets of approximately $6 billion and roughly 546 full-time equivalent staff. That indicates a materially larger platform, though investors should treat the post-merger footprint as a transitional period until the conversion is completed. On the community side, Bank First announced a $500,000 donation in March 2025 to support Livasu Village, a dementia-care community in Sheboygan County, highlighting the bank’s local ESG posture and civic engagement. The company’s SEC filing activity in 2026 also includes Form 4 insider transaction reporting, which is relevant for investors monitoring governance and insider sentiment in a listed regional bank. ([ir.bankfirst.com](https://ir.bankfirst.com/files/doc_news/2025/BFC-12-31-2024-earnings-press-release.pdf))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | n.d. | 71.5 m USD | 7.23 USD | 5.30 USD | 10-K |
| Dec 2024 | n.d. | 65.6 m USD | 6.50 USD | 1.55 USD | 10-K |
| Dec 2023 | n.d. | 74.5 m USD | 7.28 USD | 1.15 USD | 10-K |
| Dec 2022 | n.d. | 45.2 m USD | 5.58 USD | 0.94 USD | 10-K |
| Dec 2021 | n.d. | 45.4 m USD | 5.92 USD | 1.14 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.