BancFirst (NASDAQ:BANF) will announce its earnings results after the market closes on Wednesday, April 18th. Analysts expect the company to announce earnings of $0.72 per share for the quarter.
BancFirst (NASDAQ:BANF) last announced its quarterly earnings data on Friday, January 19th. The bank reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.04). BancFirst had a return on equity of 11.72% and a net margin of 23.61%. The firm had revenue of $91.53 million during the quarter, compared to analysts’ expectations of $86.53 million. On average, analysts expect BancFirst to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of NASDAQ:BANF opened at $54.20 on Wednesday. BancFirst has a 52-week low of $43.13 and a 52-week high of $61.05. The stock has a market capitalization of $1,742.59, a PE ratio of 19.93, a PEG ratio of 1.58 and a beta of 0.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.02 and a quick ratio of 1.02.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Friday, March 30th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Wednesday, March 28th. BancFirst’s payout ratio is 30.88%.
Several research analysts have recently issued reports on BANF shares. Zacks Investment Research upgraded BancFirst from a “hold” rating to a “strong-buy” rating and set a $60.00 price objective for the company in a research note on Monday, January 1st. BidaskClub cut BancFirst from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 4th. Finally, ValuEngine cut BancFirst from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd.
In related news, EVP Kevin Lawrence sold 2,000 shares of BancFirst stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $56.30, for a total transaction of $112,600.00. Following the completion of the transaction, the executive vice president now directly owns 2,000 shares in the company, valued at $112,600. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Banking Ltd Ptnrshp R sold 38,518 shares of BancFirst stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $56.06, for a total value of $2,159,319.08. Following the transaction, the insider now owns 10,947,241 shares of the company’s stock, valued at $613,702,330.46. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 232,889 shares of company stock valued at $13,053,762. 42.32% of the stock is owned by company insiders.
BancFirst Company Profile
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. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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