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Bank First National Adds Veteran Director Amid Merger Integration

Tipranks - Wed Jan 21, 5:04PM CST

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The latest announcement is out from Bank First National ( (BFC) ).

On January 20, 2026, Bank First Corporation announced that veteran community banker Steven M. Eldred had been elected to the boards of both Bank First and Bank First Corporation, effective January 13, 2026, for a three-year term to begin following shareholder approval at the company’s June 15, 2026 annual meeting. Eldred’s appointment, made in connection with Bank First’s merger with Centre 1 Bancorp, Inc., brings more than 40 years of experience in community banking, extensive board tenure, and deep civic and regional ties in the Beloit area, reinforcing the bank’s emphasis on community-focused governance and strategic growth as it integrates FNBT and advances its position in its Midwest markets.

The most recent analyst rating on (BFC) stock is a Hold with a $138.00 price target. To see the full list of analyst forecasts on Bank First National stock, see the BFC Stock Forecast page.

Spark’s Take on BFC Stock

According to Spark, TipRanks’ AI Analyst, BFC is a Outperform.

The score is driven primarily by solid financial performance (strong margins and low leverage) and supportive valuation (4.39% yield, reasonable P/E). These positives are offset by weak near-term technical momentum (below major moving averages with bearish MACD and low RSI), while recent corporate events are favorable due to the franchise-expanding merger.

To see Spark’s full report on BFC stock, click here.

More about Bank First National

Bank First Corporation is a financial services company that operates through its subsidiary Bank First, N.A., founded in 1894. The bank provides loan, deposit, treasury management, trust, and wealth management services across 38 locations in Wisconsin and Illinois, supported by approximately 500 full-time equivalent employees and total assets of around $6 billion. The company has expanded through acquisitions and new branch openings, most recently growing its footprint via a merger with Centre 1 Bancorp, Inc., parent of First National Bank and Trust, effective January 1, 2026, and also offers insurance services through an arrangement with Ansay & Associates.

Average Trading Volume: 59,673

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.45B

See more insights into BFC stock on TipRanks’ Stock Analysis page.

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