Bank First (BFC) Stock Forecast, Price Target & Predictions
BFC Stock Forecast
Bank First stock forecast is as follows: an average price target of $94.00 (represents a -8.99% downside from BFC’s last price of $103.29) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
BFC Price Target
The average price target for Bank First (BFC) is $94.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $104.00 to $84.00. This represents a potential -8.99% downside from BFC's last price of $103.29.
BFC Analyst Ratings
According to 1 Wall Street analysts, Bank First's rating consensus is 'Hold'. The analyst rating breakdown for BFC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Bank First Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Nathan Rice | Piper Sandler | $104.00 | $94.07 | 10.56% | 0.69% |
| Apr 18, 2024 | Nathan Rice | Piper Sandler | $87.00 | $76.45 | 13.80% | -15.77% |
| Jan 12, 2023 | - | Piper Sandler | $95.00 | $86.63 | 9.66% | -8.03% |
| Apr 21, 2022 | - | Piper Sandler | $84.00 | $73.60 | 14.13% | -18.68% |
| Apr 21, 2022 | Brendan Nosal | National Bank | $84.00 | $73.60 | 14.13% | -18.68% |
The latest Bank First stock forecast, released on Oct 17, 2024 by Nathan Rice from Piper Sandler, set a price target of $104.00, which represents a 10.56% increase from the stock price at the time of the forecast ($94.07), and a 0.69% increase from BFC last price ($103.29).
Bank First Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $104.00 | $104.00 | $95.50 |
| Last Closing Price | $103.29 | $103.29 | $103.29 |
| Upside/Downside | 0.69% | 0.69% | -7.54% |
In the current month, the average price target of Bank First stock is $104.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 0.69% increase as opposed to Bank First's last price of $103.29. This month's average price target is down 0.00% compared to last quarter, and up 8.90% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 18, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jan 12, 2023 | Piper Sandler | - | Neutral | Downgrade |
Bank First's last stock rating was published by Piper Sandler on Oct 17, 2024. The company gave BFC a "Neutral" rating, the same as its previous rate.
Bank First Financial Forecast
Bank First Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $42.87M | $37.68M | $36.62M | $36.05M | $33.34M | $596.00K | $27.65M | $25.99M | $27.59M | $26.45M | $27.07M | $27.36M | $30.46M | $26.38M | $26.53M | $19.78M | $21.06M | $22.38M |
| Avg Forecast | $46.00M | $46.60M | $46.00M | $44.40M | $44.05M | $44.05M | $43.05M | $41.15M | $40.35M | $39.60M | $38.95M | $39.90M | $39.15M | $39.20M | $39.25M | $38.05M | $36.45M | $32.55M | $28.81M | $27.70M | $27.80M | $28.00M | $27.68M | $29.16M | $26.51M | $26.06M | $23.21M | $21.84M | $22.03M | $21.22M |
| High Forecast | $46.03M | $46.63M | $46.03M | $44.43M | $44.08M | $44.08M | $43.08M | $41.18M | $40.37M | $39.62M | $38.97M | $39.92M | $39.17M | $39.22M | $39.27M | $38.07M | $36.47M | $32.64M | $28.89M | $27.78M | $27.88M | $28.08M | $27.76M | $29.24M | $26.58M | $26.14M | $23.28M | $21.90M | $22.10M | $21.28M |
| Low Forecast | $45.97M | $46.57M | $45.97M | $44.37M | $44.02M | $44.02M | $43.02M | $41.12M | $40.33M | $39.58M | $38.93M | $39.88M | $39.13M | $39.18M | $39.23M | $38.03M | $36.43M | $32.46M | $28.73M | $27.62M | $27.71M | $27.92M | $27.59M | $29.08M | $26.43M | $25.99M | $23.15M | $21.78M | $21.97M | $21.16M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.96% | 0.93% | 0.95% | 0.91% | 0.02% | 0.96% | 0.94% | 0.99% | 0.94% | 0.98% | 0.94% | 1.15% | 1.01% | 1.14% | 0.91% | 0.96% | 1.05% |
Bank First's average Quarter revenue forecast for Mar 24 based on 1 analysts is $39.90M, with a low forecast of $39.88M, and a high forecast of $39.92M. BFC's average Quarter revenue forecast represents a -6.93% decrease compared to the company's last Quarter revenue of $42.87M (Dec 23).
Bank First EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-3.46M | $21.29M | $32.21M | $22.91M | $23.32M | $18.87M | $18.35M | $16.21M | $17.28M | $17.55M | $18.24M | $18.39M | $19.16M | $18.27M | $15.26M | $14.23M | $15.50M | $14.21M |
| Avg Forecast | $19.88M | $20.14M | $19.88M | $19.19M | $19.03M | $19.03M | $18.60M | $17.78M | $17.44M | $17.11M | $16.83M | $20.32M | $16.92M | $16.94M | $16.96M | $18.48M | $18.19M | $14.06M | $12.45M | $16.80M | $12.01M | $12.10M | $11.96M | $18.01M | $11.45M | $11.26M | $10.03M | $14.51M | $9.52M | $9.17M |
| High Forecast | $19.89M | $20.15M | $19.89M | $19.20M | $19.05M | $19.05M | $18.61M | $17.79M | $17.45M | $17.12M | $16.84M | $24.39M | $16.93M | $16.95M | $16.97M | $22.17M | $21.83M | $14.11M | $12.48M | $20.16M | $12.05M | $12.13M | $11.99M | $21.61M | $11.49M | $11.29M | $10.06M | $17.41M | $9.55M | $9.20M |
| Low Forecast | $19.86M | $20.12M | $19.86M | $19.17M | $19.02M | $19.02M | $18.59M | $17.77M | $17.42M | $17.10M | $16.82M | $16.26M | $16.91M | $16.93M | $16.95M | $14.78M | $14.55M | $14.02M | $12.41M | $13.44M | $11.98M | $12.06M | $11.92M | $14.41M | $11.42M | $11.23M | $10.00M | $11.61M | $9.49M | $9.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.20% | 1.26% | 1.90% | 1.24% | 1.28% | 1.34% | 1.47% | 0.97% | 1.44% | 1.45% | 1.53% | 1.02% | 1.67% | 1.62% | 1.52% | 0.98% | 1.63% | 1.55% |
1 analysts predict BFC's average Quarter EBITDA for Dec 23 to be $16.92M, with a high of $16.93M and a low of $16.91M. This is -20.55% lower than Bank First's previous annual EBITDA (Sep 23) of $21.29M.
Bank First Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $34.90M | $14.80M | $14.13M | $10.68M | $12.84M | $10.53M | $11.65M | $10.18M | $11.16M | $11.22M | $11.55M | $11.51M | $11.53M | $10.95M | $8.30M | $7.27M | $7.46M | $6.66M |
| Avg Forecast | $17.92M | $18.52M | $18.22M | $17.12M | $17.17M | $17.42M | $16.82M | $15.62M | $15.82M | $15.42M | $14.42M | $12.76M | $14.12M | $14.22M | $14.07M | $11.60M | $11.75M | $16.64M | $14.89M | $10.55M | $14.09M | $14.24M | $13.79M | $11.28M | $13.28M | $10.98M | $7.97M | $7.41M | $10.53M | $9.93M |
| High Forecast | $17.94M | $18.54M | $18.24M | $17.13M | $17.18M | $17.44M | $16.83M | $15.63M | $15.83M | $15.43M | $14.93M | $15.32M | $14.13M | $14.37M | $14.08M | $13.93M | $14.10M | $16.71M | $14.94M | $12.66M | $14.14M | $14.29M | $13.84M | $13.53M | $13.33M | $11.02M | $8.00M | $8.89M | $10.57M | $9.96M |
| Low Forecast | $17.91M | $18.51M | $18.21M | $17.11M | $17.16M | $17.41M | $16.81M | $15.61M | $15.81M | $15.41M | $13.91M | $10.21M | $14.11M | $14.06M | $14.06M | $9.28M | $9.40M | $16.58M | $14.83M | $8.44M | $14.03M | $14.18M | $13.73M | $9.02M | $13.23M | $10.94M | $7.94M | $5.92M | $10.49M | $9.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.47% | 1.04% | 1.00% | 0.92% | 1.09% | 0.63% | 0.78% | 0.97% | 0.79% | 0.79% | 0.84% | 1.02% | 0.87% | 1.00% | 1.04% | 0.98% | 0.71% | 0.67% |
Bank First's average Quarter net income forecast for Mar 24 is $12.76M, with a range of $10.21M to $15.32M. BFC's average Quarter net income forecast represents a -63.42% decrease compared to the company's last Quarter net income of $34.90M (Dec 23).
Bank First SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.26M | $12.67M | $12.27M | $12.24M | $10.43M | $12.66M | $8.64M | $8.79M | $8.90M | $8.51M | $8.66M | $8.73M | $9.39M | $8.33M | $8.29M | $7.88M | $7.63M | $7.62M |
| Avg Forecast | $14.49M | $14.67M | $14.49M | $13.98M | $13.87M | $13.87M | $13.56M | $12.96M | $12.71M | $12.47M | $12.27M | $11.02M | $12.33M | $12.34M | $12.36M | $10.02M | $9.37M | $10.25M | $9.07M | $9.11M | $8.75M | $8.82M | $8.71M | $8.55M | $8.35M | $8.21M | $7.31M | $8.03M | $6.94M | $6.68M |
| High Forecast | $14.49M | $14.68M | $14.49M | $13.99M | $13.88M | $13.88M | $13.56M | $12.97M | $12.71M | $12.48M | $12.27M | $13.23M | $12.34M | $12.35M | $12.37M | $12.02M | $11.24M | $10.28M | $9.10M | $10.93M | $8.78M | $8.84M | $8.74M | $10.26M | $8.37M | $8.23M | $7.33M | $9.64M | $6.96M | $6.70M |
| Low Forecast | $14.48M | $14.67M | $14.48M | $13.97M | $13.86M | $13.86M | $13.55M | $12.95M | $12.70M | $12.46M | $12.26M | $8.82M | $12.32M | $12.34M | $12.35M | $8.02M | $7.49M | $10.22M | $9.05M | $7.29M | $8.73M | $8.79M | $8.69M | $6.84M | $8.32M | $8.18M | $7.29M | $6.42M | $6.92M | $6.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 1.03% | 0.99% | 1.22% | 1.11% | 1.24% | 0.95% | 0.97% | 1.02% | 0.97% | 0.99% | 1.02% | 1.12% | 1.02% | 1.13% | 0.98% | 1.10% | 1.14% |
Bank First's average Quarter SG&A projection for Mar 24 is $11.02M, based on 1 Wall Street analysts, with a range of $8.82M to $13.23M. The forecast indicates a -27.79% fall compared to BFC last annual SG&A of $15.26M (Dec 23).
Bank First EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.38 | $1.43 | $1.39 | $1.09 | $1.73 | $1.26 | $1.55 | $1.34 | $1.47 | $1.46 | $1.50 | $1.49 | $1.51 | $1.42 | $1.11 | $1.03 | $1.06 | $0.95 |
| Avg Forecast | $1.79 | $1.85 | $1.82 | $1.71 | $1.72 | $1.74 | $1.68 | $1.56 | $1.58 | $1.54 | $1.44 | $1.47 | $1.41 | $1.42 | $1.41 | $1.44 | $1.70 | $1.66 | $1.49 | $1.39 | $1.41 | $1.42 | $1.38 | $1.46 | $1.32 | $1.09 | $0.80 | $1.03 | $1.05 | $0.99 |
| High Forecast | $1.79 | $1.85 | $1.82 | $1.71 | $1.72 | $1.74 | $1.68 | $1.56 | $1.58 | $1.54 | $1.49 | $1.52 | $1.41 | $1.44 | $1.41 | $1.44 | $1.70 | $1.67 | $1.49 | $1.41 | $1.41 | $1.43 | $1.38 | $1.47 | $1.33 | $1.10 | $0.80 | $1.03 | $1.05 | $0.99 |
| Low Forecast | $1.79 | $1.85 | $1.82 | $1.71 | $1.71 | $1.74 | $1.68 | $1.56 | $1.58 | $1.54 | $1.39 | $1.41 | $1.41 | $1.40 | $1.40 | $1.43 | $1.70 | $1.65 | $1.48 | $1.37 | $1.40 | $1.41 | $1.37 | $1.45 | $1.32 | $1.09 | $0.79 | $1.03 | $1.05 | $0.99 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.40% | 1.01% | 0.99% | 0.76% | 1.02% | 0.76% | 1.04% | 0.96% | 1.05% | 1.03% | 1.09% | 1.02% | 1.14% | 1.30% | 1.40% | 1.00% | 1.01% | 0.96% |
According to 1 Wall Street analysts, Bank First's projected average Quarter EPS for Mar 24 is $1.47, with a low estimate of $1.41 and a high estimate of $1.52. This represents a -56.66% decrease compared to BFC previous annual EPS of $3.38 (Dec 23).
Bank First Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OFG | OFG Bancorp | $44.58 | $47.00 | 5.43% | Buy |
| NBHC | National Bank | $48.57 | $50.00 | 2.94% | Hold |
| GSBC | Great Southern Bancorp | $63.59 | $62.00 | -2.50% | Hold |
| BOKF | BOK Financial | $115.77 | $112.75 | -2.61% | Hold |
| FFIN | First Financial Bankshares | $41.81 | $39.50 | -5.52% | Hold |
| BFC | Bank First | $103.29 | $94.00 | -8.99% | Hold |
| FBIZ | First Business Financial Services | $50.51 | $45.00 | -10.91% | Buy |
| FGBI | First Guaranty Bancshares | $11.41 | $9.50 | -16.74% | Sell |