A Manitowoc-based bank has received a major honor from a global financial services company.
Bank First was named one of the top-performing banks in the nation, as awarded by the Raymond James annual Community Bankers Cup.
Bank First was ranked #7 out of 21 banks to receive the honor following a comprehensive review of 202 publicly traded banks across the United States.
The evaluation considered nonperforming assets to loans and real estate owned, five-year average core deposit percentage, net interest margin, efficiency ratio, return on average assets, and return on average tangible common equity.
Mike Molepske, the Chief Executive Officer of Bank First, said the achievement “reflects the strength of our team and our relationship-based approach to banking. We are committed to providing innovative, value-driven solutions that make a difference for our customers, employees, and shareholders.”
