Markets.News
BankFirst Capital Corporation, parent company of BankFirst Financial Services, reported notable financial results for the fourth quarter of 2025, with net income of $10.17 million compared to $7.67 million in the same period of 2024. Total assets increased to $3.30 billion by the end of 2025 from $2.80 billion in 2024, with total gross loans at $2.20 billion and total deposits at $2.80 billion. The company also initiated a stock repurchase program and has met the Qualified Lending Condition for the past 14 quarters. Total trades of the company's common stock were 258, with closing price at $47.25 per share and a market capitalization of $251.92 million as of December 31, 2025. Credit quality remained strong, with a negative provision of $2.59 million in the fourth quarter of 2025 and a ratio of non-performing assets to total assets at 0.45%. The company's capital position exceeded the 9.0% minimum requirement for the Community Bank Leverage Ratio, confirming it as "well-capitalized." Furthermore, the company cautioned about potential risks related to economic uncertainties, inflationary pressures, emerging technologies, and other factors, urging vigilance for future provisions for credit losses.