Bank First FY26 Q2 net income rises 46.3% to $24.69 million
BFC•Quarterly net income and revenue rise
Bank First posted net income of $24.69 million, lifting diluted EPS to $2.21 for the quarter ended June 30, 2026.
Net interest income rose to $55.03 million, driven by Centre acquisition scale and a 4.13% taxable-equivalent net interest margin.
Noninterest income climbed to $10 million, including $4.1 million of service charges and $1.62 million from trust and wealth management.
Expenses increase with Centre-related costs
Noninterest expense increased to $34.4 million, including $3.2 million of Centre-related transaction costs.
Proposed PSB Holdings merger targets fourth-quarter close
The proposed merger with PSB Holdings (Peoples) targets a fourth-quarter 2026 close, with stock consideration of about $202.9 million.
