FY2025 EPS Estimates for BancFirst Increased by DA Davidson

BancFirst Co. (NASDAQ:BANF) – Research analysts at DA Davidson increased their FY2025 earnings per share estimates for BancFirst in a research report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the bank will post earnings of $6.26 per share for the year, up from their previous estimate of $6.19. DA Davidson currently has a “Neutral” rating and a $110.00 target price on the stock. The consensus estimate for BancFirst’s current full-year earnings is $6.37 per share.

BancFirst (NASDAQ:BANF) last issued its quarterly earnings data on Thursday, October 17th. The bank reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.18. The business had revenue of $163.67 million during the quarter, compared to analysts’ expectations of $156.70 million. BancFirst had a net margin of 23.52% and a return on equity of 13.92%.

Other analysts also recently issued reports about the company. StockNews.com upgraded BancFirst from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Keefe, Bruyette & Woods upped their target price on shares of BancFirst from $117.00 to $135.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

BancFirst Stock Down 0.2 %

Shares of NASDAQ:BANF opened at $117.25 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50 day simple moving average of $119.54 and a two-hundred day simple moving average of $105.37. BancFirst has a 1 year low of $81.21 and a 1 year high of $132.29. The firm has a market capitalization of $3.88 billion, a PE ratio of 18.85 and a beta of 1.05.

Institutional Investors Weigh In On BancFirst

A number of hedge funds have recently modified their holdings of BANF. Whittier Trust Co. of Nevada Inc. acquired a new stake in BancFirst in the 3rd quarter valued at about $38,000. Blue Trust Inc. lifted its position in BancFirst by 33.9% during the third quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock worth $41,000 after buying an additional 99 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in BancFirst by 64.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 834 shares of the bank’s stock worth $73,000 after buying an additional 328 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in BancFirst in the 2nd quarter valued at $77,000. Finally, nVerses Capital LLC purchased a new position in shares of BancFirst during the 3rd quarter worth $105,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Leslie Jeannine Rainbolt sold 2,152 shares of the business’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $110.47, for a total transaction of $237,731.44. Following the completion of the sale, the director now owns 4,942,550 shares of the company’s stock, valued at $546,003,498.50. The trade was a 0.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David E. Rainbolt sold 5,601 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $110.21, for a total value of $617,286.21. Following the transaction, the director now directly owns 208,723 shares of the company’s stock, valued at $23,003,361.83. The trade was a 2.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 129,150 shares of company stock valued at $15,442,825 in the last quarter. 33.89% of the stock is currently owned by company insiders.

BancFirst Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Tuesday, December 31st. BancFirst’s payout ratio is 29.58%.

About BancFirst

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.