Bank First Corp (BFC) company profile
Close on Nov 12, 2026Market cap $1.66BP/E 18.8Yield 3.53%
About Bank First
National Commercial Banks, SIC 6021
Bank First Corporation operates as the bank holding company for Bank First, N.A., delivering retail and commercial banking services. Its offerings include checking, savings, money market, and cash management accounts, alongside certificates of deposit. The company provides commercial real estate loans, commercial and industrial financing, residential mortgages, construction and development loans, and consumer credit. It also provides credit cards, mobile and digital banking, and investment services, along with interests in insurance and title providers. The organization serves individual consumers, professionals, and small to middle-market businesses across multiple industries.
The company is headquartered in Manitowoc, Wisconsin. It maintains thirty-eight offices across eighteen counties in Wisconsin and one county in Illinois. In addition, the bank employs approximately 380 full-time equivalent personnel across its branch footprint.
Summary of the business section of Bank First's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Bank First Corp
- Founded
- 1894
- Headquarters
- Manitowoc, WI
- Address
- 402 North Eighth Street 54220
- Phone
- (920) 652-3100
- Website
- bankfirst.com
- Employees
- 380, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Wisconsin
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Atlanta, Georgia
Stock & identifiers
- Ticker
- BFC
- Former tickers
- BFNC until May 8, 2019
- Exchange
- Nasdaq
- IPO date
- Oct 15, 2003
- Shares outstanding
- 11M, Aug 7, 2026
- Public float
- $1.12B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1746109
- CUSIP
- 06211J100
- ISIN
- US06211J1007
- FIGI
- BBG000BG27V9
- Share class FIGI
- BBG001S79DP6
- EIN
- 39-1435359
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael B. Molepske | Chairman and CEO, Director | 105,929 |
| Timothy J. McFarlane | President, Director | 74,955 |
| Meghann O. Kasper | Chief Credit Officer | 6,165 |
| Kevin M. LeMahieu | Chief Financial Officer | 29,710 |
| Kelly M. Dvorak | Chief Legal Counsel | 9,261 |
| Jason V. Krepline | Chief Lending Officer | 32,704 |
| Todd A. Sprang | Director | 2,431 |
| Sistine Peter J. Van | Director | 7,640 |
| Tracy C. Pearson | Director | 1,024 |
| William J. Ring | Director | 2,590 |
| SriRaj Kantamneni | Director | – |
| Steven M. Eldred | Director | 135,964 |
| Michael S. Stayer-Suprick | Director | 4,597 |
| Daniel C. McConeghy | Director | 2,407 |
| Robert D. Gregorski | Director | 39,010 |
| Stephen E. Johnson | Director | 30,602 |
| Phillip R. Maples | Director | 5,795 |
| Mary Kay Bourbulas | Director | 8,126 |
| Erin A. Davis | Director | 2,927 |
| Laura E. Kohler | Director | 5,373 |
| Judy L. Heun | Director | 3,880 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.80M | $1.87M | $841.35K | $211 | $126 |
| FY2024 | $1.70M | $1.76M | $762.00K | $162 | $113 |
| FY2023 | $1.43M | $1.52M | $587.26K | $139 | $103 |
| FY2022 | $1.33M | $1.59M | $582.26K | $147 | $89 |
| FY2021 | $1.30M | $1.39M | $597.50K | $113 | $114 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Michael B. Molepske Chief Executive Officer (Director) | $805.84K | $463.79K | $463.76K | $67.40K | $1.80M | +6% |
| Timothy J. McFarlane President (Director)(a) | $503.26K | $289.91K | $289.63K | $43.16K | $1.13M | +9% |
| Kevin M. LeMahieu Chief Financial Officer | $521.79K | $240.32K | $240.23K | $51.53K | $1.05M | +8% |
| Jason V. Krepline Chief Lending Officer | $310.83K | $143.36K | $143.10K | $43.00K | $640.28K | +9% |
| Kelly M. Dvorak Chief Legal Counsel | $308.75K | $106.81K | $106.61K | $23.10K | $545.27K | +22% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“The Bank employed approximately 380 full-time equivalent employees (“FTE”), and had an average assets-to-FTE ratio of approximately $11.9 million for the year ended December 31, 2025.”
Corporate history
Events identified from SEC filings
See a number that looks wrong?