Bank First National Corporation becomes SEC registered

Loading...
Loading...

Bank First National Corporation becomes SEC registered

- Ticker symbol changes from 'BFNC' to 'BFC'

- Stock traded on NASDAQ

- Subsidiary changes name to Bank First, N.A.

PR Newswire

MANITOWOC, Wis., Oct. 24, 2018 /PRNewswire/ -- Bank First National Corporation BFC, is pleased to announce it has secured regulatory approval from the U.S. Securities and Exchange Commission (SEC) to become a fully reporting public company. In addition, the company has obtained approval to begin trading its stock on the NASDAQ Capital Market under the 'BFC' ticker symbol.

"Becoming an SEC registered company represents a major milestone for Bank First," stated Michael Molepske, President and Chief Executive Officer of Bank First National Corporation. "As a result of the hard work and dedication of our remarkable team of bankers, we have become one of the top performing banks in the State of Wisconsin, allowing us to create an incredible earnings growth story and providing superior shareholder returns. We continue to focus on growing our institution organically and through bank acquisitions. Bank First has recently added relationship minded business bankers in our Oshkosh, Appleton, Waupaca and Sheboygan offices. In addition, Bank First continues to search for community banks to acquire. Our listing on Nasdaq provides the institution with the financial credibility and necessary currency to assist us in that pursuit." 

In addition to increasing the liquidity of its stock, registering with the SEC will bring Bank First greater visibility and credibility before financial markets and investors. It will also provide the company with additional sources of capital and the flexibility to execute efficiently when a strategic opportunity arises.

Along with registering with the SEC, the company's subsidiary, Bank First National, formally changed its name to Bank First, N.A. "Changing our name to Bank First (i.e. removing 'National') supports our strategic initiative to further differentiate ourselves from similarly named banks and strengthens our brand positioning in the marketplace with a name that is more distinctive and recognizable," stated Molepske.

With $1.74 billion in assets, the company continues to strengthen its position as a top-performing community bank at the state and national level. Bank First National Corporation has reported record earnings year-over-year since 2010, and shareholders have enjoyed superior financial returns as a result.

P.O. Box 10
Manitowoc, WI 54221-0010
For further information, contact:
Shannon Klahn, Marketing Communications Officer
Phone: (920) 652-3118
sklahn@bankfirstnational.com

View original content:http://www.prnewswire.com/news-releases/bank-first-national-corporation-becomes-sec-registered-300737057.html

SOURCE Bank First National Corporation

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Small CapPress ReleasesBanking/Financial ServicesNew Products/Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...