#United States #Columbus #Financial Services #BankFirst #Mississippi

BankFirst Capital Corporation Reports Impressive Earnings for 2025

BankFirst Capital Corporation (OTCQX: BFCC), headquartered in Columbus, Mississippi, recently reported its financial performance for the fourth quarter and full year of 2025. The company has demonstrated significant growth, with its net income reaching $10.17 million in the fourth quarter, indicating a strong recovery from the challenges posed in previous years. This sharp increase comes from a previous income of $5.20 million in the third quarter of 2025 and $7.67 million during the same period in 2024.

Earnings Overview

In the full year, the corporation recorded a net income of $28.68 million, translating to $4.62 per common share, marking an increase from $25.54 million, or $4.20 per share, a year prior. The rise in earnings can be attributed to various internal factors including effective management strategies and enhanced loan portfolio performance. The total net interest income for the fourth quarter was reported at $27.87 million, representing an increase from $22.23 million in the fourth quarter of 2024, thus highlighting the company's strong interest income growth.

Moreover, the bank's total assets surged by 17.7%, reaching $3.30 billion as of December 31, 2025, compared to $2.80 billion at the end of the previous year. This impressive growth can be linked to the bank's strategic acquisition initiatives.

Loan and Deposit Growth

As of the same date, total gross loans stood at $2.20 billion, reflecting a 19% increase from $1.85 billion at year-end 2024. Total deposits also experienced a healthy rise of 19%, reaching $2.80 billion. The substantial growth in both loans and deposits underpins the company's robust operational framework, ensuring continued stability and potential for future profitability.

BankFirst's credit quality remains commendable, with non-performing assets constituting only 0.45% of total assets as of December 30, 2025, signaling effective credit risk management amid ongoing economic uncertainties.

Strategic Developments

The company executed a successful stock repurchase program and repurchased over 100,000 shares during the fourth quarter of 2025, showing confidence in its market position and providing value to its shareholders. Furthermore, CEO Moak Griffin characterized the fourth quarter of 2025 as a monumental phase for BankFirst, largely due to the integration of Magnolia State Bank into its operations following the strategic acquisition finalized earlier in the year.

Looking forward, Griffin emphasized a strategic focus on leveraging enhanced scale to deliver exquisite value to customers while adhering to sound credit standards and cost management practices.

BankFirst Capital Corporation remains committed to maintaining its growth trajectory as they navigate through economic dynamics and pursue avenues for expansion within and beyond Mississippi.

Conclusion

In summary, BankFirst Capital Corporation's financial results for 2025 reflect a solid performance characterized by a significant uptick in net income, impressive asset and loan growth, and a focus on maintaining high credit quality. As the company heads into 2026, it aims to capitalize on its newfound scale and operational synergies to enhance service delivery and shareholder value effectively.

For further details, visit the company's official website at www.BankFirstfs.com.