What types of shareholders hold the majority of the shares of Bank First Corporation (NASDAQ: BFC)?
The large shareholder groups of Bank First Corporation (NASDAQ: BFC) have power over the company. Generally speaking, as a business grows, institutions will increase their participation. Conversely, insiders often decrease their ownership over time. I like to see at least a little insider ownership. As Charlie Munger said, “Show me the motivation and I’ll show you the result.
Bank First is not a large corporation by global standards. It has a market cap of US $ 555 million, which means it wouldn’t get the attention of many institutional investors. In the graph below, we can see that the institutions hold shares in the company. Let’s take a closer look at what different types of shareholders can tell us about Bank First.
NasdaqCM: Breakdown of BFC ownership May 23, 2021
What does institutional ownership tell us about banking first?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. You would expect most businesses to have institutions listed, especially if they are growing.
As you can see, institutional investors own a large stake in Bank First. This implies that the analysts working for these institutions have looked at the stock and they like it. But like anyone else, they could be wrong. It is not uncommon to see a sharp drop in the stock price if two large institutional investors attempt to sell a stock at the same time. So it’s worth checking out Bank First’s past earnings trajectory (below). Of course, keep in mind that there are other factors to consider as well.
NasdaqCM: BFC profit and revenue growth May 23, 2021
Bank First is not owned by hedge funds. Richard Molepske is currently the largest shareholder, with 6.8% of the shares outstanding. By comparison, the second and third largest shareholders hold around 6.1% and 5.7% of the shares. Additionally, we found that Michael Molepske, the CEO has 1.4% of the shares attributed to his name.
Looking at our ownership data, we found that 25 of the major shareholders collectively own less than 50% of the share register, implying that no one has a controlling stake.
Institutional ownership research is a good way to assess and filter the expected performance of a stock. The same can be achieved by studying the feelings of analysts. While there is some analyst coverage, the company is probably not widely covered. So that might get more attention, on the track.
Bank First Insider Ownership
The definition of an insider may differ slightly from country to country, but board members still count. The company’s management runs the business, but the CEO will report to the board, even if he or she is a member of the board.
Insider ownership is positive when it indicates that executives think like the real owners of the company. However, strong insider ownership can also confer immense power on a small group within the company. This can be negative in certain circumstances.
It appears that insiders own a significant stake in Bank First Corporation. The insiders hold a US $ 84 million stake in this US $ 555 million company. It’s great to see insiders so invested in the business. It might be worth checking out if these insiders bought recently.
General public property
The general public collectively owns 57% of Bank First shares. This level of ownership gives mainstream investors some power to influence key policy decisions such as board composition, executive compensation, and dividend payout ratio.
While it is worth considering the different groups that own a business, other factors are even more important. Take risks for example – Bank First a 2 warning signs (and 1 which makes us a little uncomfortable) we think you should know.
Ultimately the future is the most important. You can access it free business analyst forecast report.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month in which the balance sheet is dated. This may not be consistent with figures in annual reports.
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