Bank First - M&A Summary and Business Overview

Financial ServicesCompany

Bank First M&A Summary

Bank First has acquired 4 companies, including 3 in the last 5 years.

Bank First’s largest acquisition to date was in 2022, when it acquired Denmark Bancshares for $119M. Bank First has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Bank First Business Overview

Where is Bank First headquartered?

Bank First is headquartered in Manitowo, Wisconsin.

What sector is Bank First in?

Bank First is a financial services company.

When was Bank First founded?

Bank First was founded in 1894.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 4

Bank First Corp.

402 North 8th Street,
Manitowo, Wisconsin 54220
United States,
(920) 684-6611
www.bankfirstnational.com

Bank First Corp. is a bank holding company headquartered in Manitowoc, Wisconsin with total assets of approximately $1.3 billion. Its principal activity is the ownership and operation of Bank First a nationally-chartered community bank that operates 12 branches in Wisconsin.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - - 1 - - 4
vol $76M $119M $195M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
Denmark Bancshares, Inc. 2022-01-19 119M USD Add-on Acquisition
Denmark, Wisconsin · www.denmarkstate.com
Tomah Bancshares, Inc. 2019-11-20 - Add-on Acquisition
Tomah, Wisconsin · www.timberwoodbanks.com
Partnership Community Bancshares, Inc. 2019-01-23 - Add-on Acquisition
Cedarburg, Wisconsin · www.pcbwi.com
Waupaca Bancorporation, Inc. 2017-05-12 76M USD Add-on Acquisition
Waupaca, Wisconsin · www.fnbwaupaca.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 4 (100%) 195M (100%) - -
Total 4 $195M - -

By Geo

State/Country Buy Value Sell Value
United States 4 195M - -
  Wisconsin 4 195M - -
Total 4 $195M - -

Top M&A Advisors

Financial Deals
Sandler O'Neill + Partners LP
3
Hovde Group LLC
1
Legal Deals
Alston & Bird
3
Barack Ferrazzano Kirschbaum & Nagelberg (BKFN)
1

Deal Values

buy # Total
$100M to $1B 1 $119M
< $100M 1 $76M
TOTAL $195M
Largest Denmark Bancshares, Inc.
$119M (2022-01-19)

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