Bank First (BFC) faces Q3 2026 earnings on October 20, with consensus estimates at $2.60 EPS and $65.8 million revenue. Trader sentiment favoring a miss at 56% implied probability reflects the bank's mixed recent results, including a Q2 beat to $2.45 EPS (versus $2.40 consensus) but a Q1 shortfall, alongside elevated noninterest expenses from the Centre Bancorp acquisition integration and pending PSB Holdings merger. Net interest income growth and asset expansion to $5.95 billion have supported underlying performance, yet one-time costs and revenue variability introduce uncertainty ahead of the release. The stock trades near $148 with a 19x trailing P/E, as markets weigh acquisition-driven scale against margin pressures.