FY2025 Earnings Estimate for BancFirst Issued By DA Davidson

BancFirst Co. (NASDAQ:BANF) – Analysts at DA Davidson upped their FY2025 earnings estimates for shares of BancFirst in a research note issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings of $6.26 per share for the year, up from their previous forecast of $6.19. DA Davidson currently has a “Neutral” rating and a $110.00 price target 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 results on Thursday, October 17th. The bank reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.18. The business had revenue of $163.67 million for the quarter, compared to the consensus estimate of $156.70 million. BancFirst had a return on equity of 13.92% and a net margin of 23.52%.

Several other equities analysts have also commented on the stock. Keefe, Bruyette & Woods increased their price objective on shares of BancFirst from $117.00 to $135.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. StockNews.com upgraded shares of BancFirst from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th.

BancFirst Trading Up 1.4 %

BancFirst stock opened at $118.84 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $3.94 billion, a PE ratio of 19.11 and a beta of 1.05. The stock has a 50-day moving average of $119.79 and a two-hundred day moving average of $105.61. BancFirst has a one year low of $81.21 and a one year high of $132.29.

BancFirst Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Tuesday, December 31st. BancFirst’s dividend payout ratio (DPR) is currently 29.58%.

Insider Activity

In other news, Director William Scott Martin sold 25,000 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $123.00, for a total value of $3,075,000.00. Following the completion of the transaction, the director now owns 249,106 shares of the company’s stock, valued at $30,640,038. The trade was a 9.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Leslie Jeannine Rainbolt sold 2,152 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $110.47, for a total value of $237,731.44. Following the sale, the director now directly owns 4,942,550 shares in the company, valued at approximately $546,003,498.50. This trade represents a 0.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 129,150 shares of company stock valued at $15,442,825 in the last ninety days. Insiders own 33.89% of the company’s stock.

Hedge Funds Weigh In On BancFirst

Institutional investors have recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. acquired a new stake in BancFirst during the third quarter valued at $38,000. Blue Trust Inc. boosted 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 purchasing an additional 99 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in BancFirst by 64.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 834 shares of the bank’s stock valued at $73,000 after purchasing an additional 328 shares during the period. Point72 DIFC Ltd acquired a new stake in BancFirst in the second quarter valued at approximately $77,000. Finally, nVerses Capital LLC purchased a new stake in shares of BancFirst in the third quarter valued at approximately $105,000. 51.72% of the stock is owned by hedge funds and other institutional investors.

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.