FY2025 Earnings Forecast for BancFirst Issued By DA Davidson

Key Points

• DA Davidson has reduced their FY2025 earnings per share estimate for BancFirst to $7.18, down from the previous estimate of $7.28, maintaining a "Neutral" rating.
• BancFirst reported Q3 earnings of $1.85 per share, which missed the consensus estimate of $1.87, despite revenues of $175.48 million exceeding expectations.
• The company increased its quarterly dividend to $0.49 per share from $0.46, representing a yield of 1.7% and a payout ratio of 27.80%.

BancFirst Corporation (NASDAQ:BANF - Free Report) - DA Davidson cut their FY2025 earnings per share estimates for shares of BancFirst in a research note issued to investors on Tuesday, October 21st. DA Davidson analyst G. Tenner now expects that the bank will post earnings of $7.18 per share for the year, down from their previous forecast of $7.28. DA Davidson currently has a "Neutral" rating and a $136.00 price objective on the stock. The consensus estimate for BancFirst's current full-year earnings is $6.52 per share. DA Davidson also issued estimates for BancFirst's Q4 2025 earnings at $1.77 EPS and FY2026 earnings at $7.21 EPS.

BancFirst (NASDAQ:BANF - Get Free Report) last posted its quarterly earnings results on Friday, October 17th. The bank reported $1.85 earnings per share for the quarter, missing the consensus estimate of $1.87 by ($0.02). The company had revenue of $175.48 million for the quarter, compared to analyst estimates of $174.60 million. BancFirst had a return on equity of 14.19% and a net margin of 24.94%.

A number of other research firms have also weighed in on BANF. Weiss Ratings reissued a "buy (b-)" rating on shares of BancFirst in a report on Wednesday, October 8th. Keefe, Bruyette & Woods decreased their target price on BancFirst from $132.00 to $120.00 and set a "market perform" rating on the stock in a report on Monday. Wall Street Zen raised BancFirst from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Zacks Research lowered BancFirst from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $128.00.

BancFirst Stock Down 1.5%

BANF stock opened at $113.09 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $3.77 billion, a PE ratio of 16.04 and a beta of 0.76. BancFirst has a 1-year low of $97.02 and a 1-year high of $138.77. The business's 50 day simple moving average is $128.14 and its 200 day simple moving average is $124.08.

Institutional Trading of BancFirst

Institutional investors have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its position in shares of BancFirst by 548.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 201 shares of the bank's stock valued at $25,000 after acquiring an additional 170 shares during the period. Pinnacle Holdings LLC bought a new stake in shares of BancFirst during the 1st quarter valued at $40,000. EverSource Wealth Advisors LLC lifted its position in shares of BancFirst by 957.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 402 shares of the bank's stock valued at $50,000 after acquiring an additional 364 shares during the period. Advisors Asset Management Inc. lifted its position in shares of BancFirst by 108.6% during the 1st quarter. Advisors Asset Management Inc. now owns 559 shares of the bank's stock valued at $61,000 after acquiring an additional 291 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of BancFirst by 211.2% during the 1st quarter. GAMMA Investing LLC now owns 582 shares of the bank's stock valued at $64,000 after acquiring an additional 395 shares during the period. 51.72% of the stock is currently owned by institutional investors.

Insider Transactions at BancFirst

In related news, Director F Ford Drummond sold 5,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $126.29, for a total value of $631,450.00. Following the completion of the sale, the director directly owned 6,000 shares in the company, valued at $757,740. The trade was a 45.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 32.43% of the stock is owned by company insiders.

BancFirst Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a $0.49 dividend. This is a boost from BancFirst's previous quarterly dividend of $0.46. The ex-dividend date was Tuesday, September 30th. This represents a $1.96 annualized dividend and a yield of 1.7%. BancFirst's dividend payout ratio is presently 27.80%.

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. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.

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