Bank First(BFC) - 2025 Q1 - Quarterly Results

Exhibit 99.1 NEWS RELEASE Net interest margin ("NIM") was 3.65% for the first quarter of 2025, compared to 3.61% for the previous quarter and 3.62% for the first quarter of 2024. NII from purchase accounting increased NIM by 0.10%, 0.08% and 0.13% for each period, respectively. The Bank's cost of funds declined 0.08% quarter-over-quarter despite persistent elevated levels of interest-bearing demand and savings deposits in accounts that garner some of the highest yielding rates in the Bank's deposit portfoli ...