Annual Income Statements for BFC Capital Trust II PFD TR 7.20%
This table shows BFC Capital Trust II PFD TR 7.20%'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for BFC Capital Trust II PFD TR 7.20%
This table shows BFC Capital Trust II PFD TR 7.20%'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
59 |
63 |
67 |
| Consolidated Net Income / (Loss) |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
59 |
63 |
67 |
| Net Income / (Loss) Continuing Operations |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
59 |
63 |
67 |
| Total Pre-Tax Income |
|
60 |
64 |
65 |
74 |
72 |
71 |
80 |
79 |
75 |
80 |
85 |
| Total Revenue |
|
150 |
151 |
154 |
164 |
163 |
165 |
169 |
175 |
181 |
179 |
187 |
| Net Interest Income / (Expense) |
|
105 |
106 |
110 |
115 |
116 |
116 |
121 |
126 |
128 |
128 |
134 |
| Total Interest Income |
|
167 |
172 |
178 |
188 |
186 |
182 |
188 |
194 |
195 |
190 |
195 |
| Loans and Leases Interest Income |
|
127 |
132 |
138 |
144 |
141 |
137 |
139 |
144 |
146 |
144 |
148 |
| Investment Securities Interest Income |
|
9.20 |
9.20 |
8.95 |
8.36 |
7.86 |
7.02 |
6.90 |
6.52 |
6.31 |
5.93 |
7.47 |
| Deposits and Money Market Investments Interest Income |
|
32 |
30 |
32 |
35 |
38 |
38 |
42 |
44 |
43 |
40 |
40 |
| Federal Funds Sold and Securities Borrowed Interest Income |
|
0.05 |
0.02 |
0.01 |
0.00 |
0.01 |
0.00 |
0.00 |
0.00 |
0.46 |
0.41 |
0.00 |
| Total Interest Expense |
|
62 |
66 |
69 |
73 |
70 |
67 |
67 |
69 |
67 |
63 |
62 |
| Deposits Interest Expense |
|
61 |
64 |
67 |
72 |
69 |
65 |
66 |
68 |
66 |
61 |
61 |
| Short-Term Borrowings Interest Expense |
|
0.05 |
0.10 |
0.06 |
0.05 |
0.03 |
0.01 |
0.05 |
0.10 |
0.13 |
0.14 |
0.10 |
| Long-Term Debt Interest Expense |
|
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.03 |
1.08 |
1.07 |
1.03 |
| Other Interest Expense |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
- |
- |
0.13 |
0.20 |
| Total Non-Interest Income |
|
45 |
45 |
44 |
49 |
47 |
49 |
48 |
50 |
53 |
51 |
54 |
| Trust Fees by Commissions |
|
7.88 |
8.65 |
9.15 |
9.19 |
9.22 |
10 |
11 |
10 |
10 |
11 |
11 |
| Other Service Charges |
|
16 |
15 |
11 |
16 |
13 |
16 |
13 |
14 |
17 |
15 |
16 |
| Net Realized & Unrealized Capital Gains on Investments |
|
1.43 |
0.17 |
0.73 |
0.35 |
0.72 |
0.64 |
0.93 |
1.47 |
0.73 |
1.51 |
1.53 |
| Other Non-Interest Income |
|
20 |
22 |
23 |
23 |
24 |
22 |
24 |
24 |
25 |
24 |
25 |
| Provision for Credit Losses |
|
- |
4.02 |
3.36 |
3.03 |
-1.40 |
1.59 |
1.39 |
4.44 |
-1.47 |
2.14 |
4.88 |
| Total Non-Interest Expense |
|
90 |
83 |
85 |
87 |
92 |
92 |
88 |
92 |
107 |
97 |
98 |
| Salaries and Employee Benefits |
|
51 |
52 |
52 |
54 |
54 |
55 |
55 |
58 |
59 |
59 |
60 |
| Net Occupancy & Equipment Expense |
|
7.66 |
7.82 |
7.93 |
8.50 |
8.70 |
8.65 |
9.02 |
9.34 |
9.99 |
9.73 |
9.31 |
| Marketing Expense |
|
2.65 |
2.26 |
2.25 |
2.17 |
2.72 |
2.46 |
2.33 |
2.13 |
3.12 |
2.64 |
2.08 |
| Other Operating Expenses |
|
23 |
16 |
18 |
16 |
21 |
21 |
16 |
17 |
30 |
20 |
20 |
| Depreciation Expense |
|
4.56 |
4.56 |
4.50 |
4.48 |
4.59 |
4.81 |
4.69 |
4.73 |
4.87 |
4.82 |
4.99 |
| Amortization Expense |
|
0.89 |
0.89 |
0.89 |
0.89 |
0.89 |
0.89 |
0.86 |
0.86 |
0.84 |
0.98 |
0.97 |
| Income Tax Expense |
|
11 |
14 |
15 |
15 |
16 |
15 |
17 |
16 |
16 |
17 |
18 |
| Basic Earnings per Share |
|
$1.48 |
$1.53 |
$1.53 |
$1.78 |
$1.71 |
$1.69 |
$1.87 |
$1.88 |
$1.78 |
$1.88 |
$1.98 |
| Weighted Average Basic Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
| Diluted Earnings per Share |
|
$1.46 |
$1.50 |
$1.51 |
$1.75 |
$1.68 |
$1.66 |
$1.85 |
$1.85 |
$1.75 |
$1.85 |
$1.96 |
| Weighted Average Diluted Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
Annual Cash Flow Statements for BFC Capital Trust II PFD TR 7.20%
This table details how cash moves in and out of BFC Capital Trust II PFD TR 7.20%'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
|
-316 |
252 |
-93 |
-334 |
444 |
-251 |
433 |
1,119 |
-771 |
1,156 |
851 |
| Net Cash From Operating Activities |
|
78 |
91 |
110 |
140 |
159 |
155 |
204 |
226 |
233 |
261 |
285 |
| Net Cash From Continuing Operating Activities |
|
78 |
91 |
110 |
140 |
159 |
155 |
204 |
226 |
233 |
261 |
285 |
| Net Income / (Loss) Continuing Operations |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
241 |
| Consolidated Net Income / (Loss) |
|
66 |
71 |
86 |
126 |
135 |
100 |
168 |
193 |
212 |
216 |
241 |
| Provision For Loan Losses |
|
7.68 |
12 |
8.51 |
3.80 |
8.29 |
63 |
-8.69 |
10 |
7.46 |
9.00 |
5.67 |
| Depreciation Expense |
|
12 |
12 |
12 |
14 |
16 |
18 |
20 |
22 |
22 |
22 |
23 |
| Amortization Expense |
|
1.02 |
0.13 |
-0.15 |
-0.42 |
-4.28 |
-0.09 |
4.41 |
2.62 |
-1.27 |
-1.05 |
-0.72 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-7.51 |
-2.74 |
6.07 |
-0.52 |
3.22 |
-24 |
17 |
12 |
-5.64 |
9.40 |
15 |
| Changes in Operating Assets and Liabilities, net |
|
-1.10 |
-1.43 |
-2.92 |
-2.21 |
0.87 |
-1.97 |
3.60 |
-14 |
-2.16 |
5.82 |
2.05 |
| Net Cash From Investing Activities |
|
-265 |
-98 |
-350 |
-294 |
50 |
-899 |
423 |
-1,519 |
-670 |
-71 |
16 |
| Net Cash From Continuing Investing Activities |
|
-265 |
-98 |
-350 |
-294 |
50 |
-899 |
423 |
-1,519 |
-670 |
-71 |
16 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-11 |
-11 |
-18 |
-52 |
-27 |
-66 |
-27 |
-20 |
-23 |
-37 |
-48 |
| Acquisitions |
|
- |
- |
- |
- |
0.00 |
0.00 |
-14 |
0.00 |
0.00 |
0.00 |
0.00 |
| Purchase of Investment Securities |
|
-341 |
-402 |
-417 |
-473 |
-489 |
-1,406 |
-60 |
-2,407 |
-1,174 |
-764 |
-659 |
| Sale and/or Maturity of Investments |
|
74 |
316 |
91 |
216 |
597 |
575 |
517 |
917 |
533 |
741 |
748 |
| Net Increase in Fed Funds Sold |
|
13 |
-0.70 |
- |
24 |
-1.00 |
1.00 |
14 |
0.56 |
1.53 |
0.60 |
6.30 |
| Other Investing Activities, net |
|
- |
- |
-5.22 |
-8.86 |
-29 |
-2.20 |
-7.46 |
-9.71 |
-7.64 |
-13 |
-31 |
| Net Cash From Financing Activities |
|
-129 |
260 |
147 |
-180 |
235 |
492 |
-194 |
2,412 |
-335 |
966 |
550 |
| Net Cash From Continuing Financing Activities |
|
-129 |
260 |
147 |
-180 |
235 |
492 |
-194 |
2,412 |
-335 |
966 |
550 |
| Net Change in Deposits |
|
-106 |
275 |
167 |
-140 |
274 |
536 |
-192 |
2,452 |
-285 |
1,018 |
611 |
| Issuance of Debt |
|
- |
- |
0.40 |
0.78 |
-0.58 |
3.00 |
58 |
0.30 |
3.05 |
-3.35 |
10 |
| Issuance of Common Equity |
|
4.43 |
13 |
4.84 |
2.24 |
2.48 |
1.79 |
2.26 |
7.65 |
2.54 |
9.20 |
4.68 |
| Repayment of Debt |
|
-3.48 |
- |
- |
-5.16 |
0.00 |
-3.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-14 |
| Repurchase of Common Equity |
|
-1.65 |
-5.52 |
- |
-7.91 |
-1.60 |
-3.10 |
-12 |
0.00 |
-1.82 |
0.00 |
0.00 |
| Payment of Dividends |
|
-21 |
-23 |
-25 |
-30 |
-40 |
-42 |
-45 |
-48 |
-54 |
-58 |
-62 |
| Cash Interest Paid |
|
12 |
15 |
21 |
42 |
55 |
22 |
12 |
43 |
192 |
271 |
269 |
| Cash Income Taxes Paid |
|
34 |
33 |
41 |
28 |
31 |
27 |
31 |
35 |
52 |
47 |
55 |
Quarterly Cash Flow Statements for BFC Capital Trust II PFD TR 7.20%
This table details how cash moves in and out of BFC Capital Trust II PFD TR 7.20%'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Change in Cash & Equivalents |
|
61 |
128 |
-32 |
499 |
562 |
420 |
23 |
57 |
350 |
280 |
-280 |
| Net Cash From Operating Activities |
|
43 |
66 |
100 |
78 |
17 |
77 |
78 |
75 |
55 |
76 |
83 |
| Net Cash From Continuing Operating Activities |
|
43 |
66 |
100 |
78 |
17 |
77 |
78 |
75 |
55 |
76 |
83 |
| Net Income / (Loss) Continuing Operations |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
59 |
63 |
67 |
| Consolidated Net Income / (Loss) |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
59 |
63 |
67 |
| Provision For Loan Losses |
|
- |
4.02 |
3.36 |
3.03 |
-1.40 |
1.59 |
1.39 |
4.44 |
-1.74 |
2.14 |
4.88 |
| Depreciation Expense |
|
5.45 |
5.44 |
5.39 |
5.37 |
5.48 |
5.69 |
5.55 |
5.59 |
5.71 |
5.79 |
5.96 |
| Amortization Expense |
|
-0.39 |
-0.31 |
-0.32 |
-0.22 |
-0.20 |
-0.06 |
-0.18 |
-0.20 |
-0.29 |
-0.43 |
-0.64 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-12 |
5.98 |
40 |
9.48 |
-46 |
15 |
7.38 |
5.44 |
-12 |
7.10 |
6.25 |
| Changes in Operating Assets and Liabilities, net |
|
1.13 |
0.86 |
1.38 |
1.03 |
2.55 |
-1.05 |
1.63 |
-2.50 |
3.97 |
-1.75 |
-0.05 |
| Net Cash From Investing Activities |
|
-134 |
-141 |
-220 |
-27 |
317 |
-50 |
24 |
-73 |
115 |
-3.65 |
-263 |
| Net Cash From Continuing Investing Activities |
|
-134 |
-141 |
-220 |
-27 |
317 |
-50 |
24 |
-73 |
115 |
-3.65 |
-263 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-4.81 |
-10 |
-6.02 |
-5.24 |
-15 |
-11 |
-14 |
-12 |
-12 |
-11 |
-9.81 |
| Purchase of Investment Securities |
|
-487 |
-131 |
-315 |
-135 |
-182 |
-72 |
-43 |
-166 |
-378 |
-83 |
-371 |
| Sale and/or Maturity of Investments |
|
353 |
0.51 |
103 |
115 |
522 |
46 |
83 |
106 |
514 |
4.59 |
125 |
| Other Investing Activities, net |
|
-0.97 |
-0.43 |
-2.04 |
-3.41 |
-6.77 |
-13 |
-3.34 |
-1.19 |
-14 |
-6.01 |
-6.94 |
| Net Cash From Financing Activities |
|
152 |
203 |
88 |
448 |
228 |
394 |
-79 |
55 |
180 |
208 |
-100 |
| Net Cash From Continuing Financing Activities |
|
152 |
203 |
88 |
448 |
228 |
394 |
-79 |
55 |
180 |
208 |
-100 |
| Net Change in Deposits |
|
166 |
209 |
106 |
459 |
244 |
408 |
-71 |
62 |
211 |
231 |
-75 |
| Issuance of Debt |
|
-0.63 |
6.35 |
-5.44 |
0.17 |
-4.43 |
0.00 |
5.86 |
5.82 |
-1.67 |
4.98 |
-8.99 |
| Issuance of Common Equity |
|
0.48 |
0.85 |
1.71 |
3.63 |
3.01 |
0.89 |
1.09 |
2.62 |
0.08 |
0.78 |
0.35 |
| Repayment of Debt |
|
- |
- |
- |
- |
- |
0.00 |
- |
- |
- |
-12 |
-0.06 |
| Payment of Dividends |
|
-14 |
-14 |
-14 |
-14 |
-15 |
-15 |
-15 |
-15 |
-16 |
-16 |
-16 |
| Cash Interest Paid |
|
60 |
62 |
67 |
72 |
71 |
67 |
67 |
69 |
66 |
63 |
62 |
| Cash Income Taxes Paid |
|
9.72 |
0.25 |
22 |
14 |
10 |
1.98 |
14 |
12 |
26 |
0.00 |
20 |
Annual Balance Sheets for BFC Capital Trust II PFD TR 7.20%
This table presents BFC Capital Trust II PFD TR 7.20%'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
|
6,693 |
7,019 |
7,253 |
7,574 |
8,566 |
9,212 |
9,406 |
12,388 |
12,372 |
13,554 |
14,839 |
| Cash and Due from Banks |
|
203 |
184 |
216 |
228 |
222 |
281 |
229 |
259 |
225 |
238 |
227 |
| Federal Funds Sold |
|
- |
0.70 |
0.70 |
- |
1.00 |
0.00 |
0.80 |
2.85 |
1.32 |
0.72 |
92 |
| Interest Bearing Deposits at Other Banks |
|
1,395 |
1,667 |
1,542 |
1,196 |
1,646 |
1,336 |
1,821 |
2,910 |
2,172 |
3,316 |
4,177 |
| Trading Account Securities |
|
553 |
470 |
464 |
772 |
492 |
555 |
535 |
1,541 |
1,555 |
1,212 |
925 |
| Loans and Leases, Net of Allowance |
|
4,190 |
4,352 |
4,670 |
4,925 |
5,608 |
6,303 |
6,086 |
6,851 |
-97 |
-99 |
-104 |
| Allowance for Loan and Lease Losses |
|
42 |
49 |
52 |
51 |
54 |
91 |
84 |
93 |
97 |
99 |
104 |
| Loans Held for Sale |
|
14 |
9.32 |
6.17 |
8.17 |
11 |
54 |
25 |
6.23 |
3.49 |
8.07 |
12 |
| Premises and Equipment, Net |
|
127 |
127 |
134 |
174 |
206 |
262 |
269 |
278 |
279 |
296 |
326 |
| Goodwill |
|
54 |
54 |
54 |
80 |
149 |
150 |
150 |
182 |
182 |
182 |
183 |
| Intangible Assets |
|
16 |
13 |
11 |
16 |
23 |
19 |
18 |
20 |
17 |
13 |
21 |
| Other Assets |
|
141 |
143 |
155 |
175 |
208 |
253 |
273 |
338 |
8,034 |
8,388 |
8,980 |
| Total Liabilities & Shareholders' Equity |
|
6,693 |
7,019 |
7,253 |
7,574 |
8,566 |
9,212 |
9,406 |
12,388 |
12,372 |
13,554 |
14,839 |
| Total Liabilities |
|
6,037 |
6,308 |
6,478 |
6,671 |
7,561 |
8,144 |
8,234 |
11,137 |
10,938 |
11,933 |
12,985 |
| Non-Interest Bearing Deposits |
|
2,410 |
2,527 |
2,550 |
2,614 |
2,956 |
3,791 |
3,775 |
4,945 |
3,982 |
3,907 |
3,898 |
| Interest Bearing Deposits |
|
3,564 |
3,721 |
3,865 |
3,992 |
4,527 |
4,274 |
4,317 |
6,029 |
6,718 |
7,811 |
8,773 |
| Short-Term Debt |
|
0.50 |
0.50 |
0.90 |
1.68 |
1.10 |
1.10 |
0.00 |
0.30 |
3.35 |
0.00 |
22 |
| Long-Term Debt |
|
32 |
32 |
32 |
27 |
27 |
27 |
86 |
86 |
86 |
86 |
86 |
| Other Long-Term Liabilities |
|
32 |
27 |
30 |
37 |
49 |
52 |
56 |
76 |
149 |
128 |
206 |
| Total Equity & Noncontrolling Interests |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
1,854 |
| Total Preferred & Common Equity |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
1,854 |
| Preferred Stock |
|
- |
- |
- |
0.00 |
0.00 |
- |
- |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
656 |
711 |
776 |
903 |
1,005 |
1,068 |
1,172 |
1,251 |
1,434 |
1,621 |
1,854 |
| Common Stock |
|
118 |
133 |
139 |
182 |
186 |
189 |
193 |
202 |
208 |
220 |
251 |
| Retained Earnings |
|
536 |
578 |
639 |
723 |
815 |
871 |
977 |
1,120 |
1,276 |
1,434 |
1,611 |
| Accumulated Other Comprehensive Income / (Loss) |
|
1.53 |
0.09 |
-2.33 |
-2.14 |
3.45 |
7.43 |
2.15 |
-72 |
-50 |
-33 |
-8.27 |
Quarterly Balance Sheets for BFC Capital Trust II PFD TR 7.20%
This table presents BFC Capital Trust II PFD TR 7.20%'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
Q2 2026 |
| Total Assets |
|
12,332 |
12,020 |
12,115 |
12,602 |
12,737 |
13,313 |
14,038 |
14,046 |
14,198 |
15,117 |
15,082 |
| Cash and Due from Banks |
|
213 |
221 |
203 |
183 |
194 |
248 |
268 |
260 |
205 |
254 |
240 |
| Federal Funds Sold |
|
1.08 |
4.48 |
6.88 |
1.21 |
1.10 |
0.00 |
0.52 |
0.00 |
0.00 |
0.00 |
0.00 |
| Interest Bearing Deposits at Other Banks |
|
2,624 |
2,188 |
2,134 |
2,342 |
2,299 |
2,744 |
3,706 |
3,738 |
3,850 |
4,431 |
4,165 |
| Trading Account Securities |
|
1,618 |
1,571 |
1,525 |
1,535 |
1,441 |
1,377 |
1,167 |
1,105 |
1,016 |
887 |
1,113 |
| Loans and Leases, Net of Allowance |
|
7,024 |
7,202 |
7,375 |
7,685 |
-100 |
-102 |
-100 |
-97 |
-100 |
-105 |
-108 |
| Allowance for Loan and Lease Losses |
|
95 |
97 |
98 |
97 |
100 |
102 |
100 |
97 |
100 |
105 |
108 |
| Loans Held for Sale |
|
6.22 |
8.78 |
3.85 |
6.00 |
7.41 |
7.84 |
8.28 |
10 |
8.92 |
11 |
9.93 |
| Premises and Equipment, Net |
|
279 |
280 |
280 |
284 |
285 |
286 |
303 |
312 |
314 |
329 |
335 |
| Goodwill |
|
182 |
182 |
182 |
182 |
182 |
182 |
182 |
182 |
182 |
183 |
183 |
| Intangible Assets |
|
19 |
18 |
18 |
16 |
15 |
14 |
12 |
11 |
11 |
20 |
19 |
| Other Assets |
|
39 |
345 |
387 |
369 |
8,411 |
8,557 |
8,490 |
8,525 |
8,712 |
9,107 |
9,125 |
| Total Liabilities & Shareholders' Equity |
|
12,332 |
12,020 |
12,115 |
12,602 |
12,737 |
13,313 |
14,038 |
14,046 |
14,198 |
15,117 |
15,082 |
| Total Liabilities |
|
11,021 |
10,679 |
10,744 |
11,133 |
11,225 |
11,729 |
12,365 |
12,318 |
12,415 |
13,215 |
13,125 |
| Non-Interest Bearing Deposits |
|
4,540 |
4,286 |
4,171 |
3,850 |
3,816 |
3,859 |
4,028 |
3,968 |
3,816 |
4,106 |
4,162 |
| Interest Bearing Deposits |
|
6,070 |
6,190 |
6,364 |
7,060 |
7,200 |
7,616 |
8,099 |
8,089 |
8,302 |
8,795 |
8,664 |
| Short-Term Debt |
|
203 |
3.89 |
3.98 |
9.70 |
4.26 |
4.43 |
0.00 |
5.86 |
12 |
15 |
6.00 |
| Long-Term Debt |
|
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
| Other Long-Term Liabilities |
|
122 |
114 |
120 |
128 |
119 |
164 |
152 |
170 |
199 |
212 |
207 |
| Total Equity & Noncontrolling Interests |
|
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
1,673 |
1,728 |
1,783 |
1,902 |
1,957 |
| Total Preferred & Common Equity |
|
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
1,673 |
1,728 |
1,783 |
1,902 |
1,957 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
1,311 |
1,341 |
1,371 |
1,469 |
1,512 |
1,585 |
1,673 |
1,728 |
1,783 |
1,902 |
1,957 |
| Common Stock |
|
203 |
205 |
206 |
209 |
212 |
216 |
222 |
224 |
228 |
255 |
258 |
| Retained Earnings |
|
1,165 |
1,206 |
1,242 |
1,312 |
1,349 |
1,393 |
1,475 |
1,522 |
1,568 |
1,658 |
1,708 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-57 |
-71 |
-77 |
-52 |
-48 |
-24 |
-24 |
-18 |
-13 |
-11 |
-8.23 |
Annual Metrics And Ratios for BFC Capital Trust II PFD TR 7.20%
This table displays calculated financial ratios and metrics derived from BFC Capital Trust II PFD TR 7.20%'s official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$2.13 |
$2.27 |
$2.72 |
$3.85 |
$4.13 |
$3.05 |
$5.12 |
$5.89 |
$6.45 |
$6.55 |
$7.22 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
33.55M |
| Adjusted Diluted Earnings per Share |
|
$2.09 |
$2.22 |
$2.65 |
$3.76 |
$4.05 |
$3.00 |
$5.03 |
$5.77 |
$6.34 |
$6.44 |
$7.11 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
33.55M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
31.06M |
31.73M |
32.63M |
32.61M |
32.70M |
32.75M |
32.63M |
32.89M |
32.94M |
33.23M |
33.55M |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Quarterly Metrics And Ratios for BFC Capital Trust II PFD TR 7.20%
This table displays calculated financial ratios and metrics derived from BFC Capital Trust II PFD TR 7.20%'s official financial filings.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
33,545,098.00 |
33,586,387.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
33,545,098.00 |
33,586,387.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.88 |
1.99 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-5.23% |
-3.81% |
-0.04% |
10.02% |
8.46% |
9.16% |
10.05% |
7.22% |
- |
8.59% |
10.74% |
| EBITDA Growth |
|
-12.94% |
-12.88% |
-6.74% |
12.14% |
18.04% |
10.81% |
21.37% |
6.72% |
- |
11.35% |
6.23% |
| EBIT Growth |
|
-13.88% |
-13.63% |
-6.86% |
13.30% |
19.19% |
10.89% |
22.56% |
6.86% |
- |
12.64% |
6.72% |
| NOPAT Growth |
|
-14.34% |
-12.51% |
-7.94% |
15.52% |
15.41% |
11.48% |
23.12% |
6.37% |
- |
12.27% |
6.96% |
| Net Income Growth |
|
-14.34% |
-12.51% |
-7.94% |
15.52% |
15.41% |
11.48% |
23.12% |
6.37% |
- |
12.27% |
6.96% |
| EPS Growth |
|
-14.12% |
-12.79% |
-7.93% |
15.13% |
15.07% |
10.67% |
22.52% |
5.71% |
- |
11.45% |
5.95% |
| Operating Cash Flow Growth |
|
-8.97% |
-4.58% |
67.82% |
26.99% |
-59.94% |
16.02% |
-21.99% |
-2.80% |
- |
-1.44% |
6.35% |
| Free Cash Flow Firm Growth |
|
-514.47% |
129.97% |
-24.05% |
-25.60% |
7.07% |
-260.86% |
-27.46% |
8.18% |
- |
-31.49% |
-4.98% |
| Invested Capital Growth |
|
13.92% |
-2.21% |
12.03% |
14.69% |
12.08% |
12.39% |
13.55% |
12.27% |
- |
13.88% |
12.60% |
| Revenue Q/Q Growth |
|
0.99% |
0.52% |
1.88% |
6.39% |
-0.45% |
1.17% |
2.71% |
3.65% |
- |
-1.11% |
4.74% |
| EBITDA Q/Q Growth |
|
-7.13% |
5.92% |
1.28% |
12.55% |
-2.24% |
-0.57% |
10.93% |
-1.03% |
- |
6.13% |
5.81% |
| EBIT Q/Q Growth |
|
-7.39% |
6.30% |
1.49% |
13.41% |
-2.58% |
-1.11% |
12.17% |
-1.12% |
- |
6.64% |
6.26% |
| NOPAT Q/Q Growth |
|
-4.03% |
2.86% |
0.61% |
16.31% |
-4.12% |
-0.64% |
11.11% |
0.49% |
- |
5.88% |
5.86% |
| Net Income Q/Q Growth |
|
-4.03% |
2.86% |
0.61% |
16.31% |
-4.12% |
-0.64% |
11.11% |
0.49% |
- |
5.88% |
5.86% |
| EPS Q/Q Growth |
|
-3.95% |
2.74% |
0.67% |
15.89% |
-4.00% |
-1.19% |
11.45% |
0.00% |
- |
5.71% |
5.95% |
| Operating Cash Flow Q/Q Growth |
|
-30.01% |
55.09% |
51.00% |
-22.52% |
-77.92% |
349.17% |
1.52% |
-3.46% |
- |
38.45% |
9.54% |
| Free Cash Flow Firm Q/Q Growth |
|
-10.78% |
162.41% |
-241.86% |
-28.08% |
18.04% |
-8.03% |
-12.41% |
7.73% |
- |
7.35% |
10.25% |
| Invested Capital Q/Q Growth |
|
4.29% |
2.74% |
2.41% |
4.51% |
1.92% |
3.03% |
3.47% |
3.33% |
- |
2.08% |
2.31% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
43.58% |
45.92% |
45.66% |
48.30% |
47.43% |
46.62% |
50.35% |
48.07% |
- |
47.73% |
48.21% |
| EBIT Margin |
|
40.21% |
42.52% |
42.36% |
45.15% |
44.19% |
43.19% |
47.17% |
45.00% |
- |
44.73% |
45.38% |
| Profit (Net Income) Margin |
|
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
34.04% |
36.83% |
35.70% |
- |
35.19% |
35.57% |
| Tax Burden Percent |
|
81.01% |
78.39% |
77.71% |
79.70% |
78.44% |
78.94% |
78.21% |
79.34% |
- |
78.68% |
78.39% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
99.82% |
99.81% |
100.00% |
- |
100.00% |
100.00% |
| Effective Tax Rate |
|
18.99% |
21.61% |
22.29% |
20.30% |
21.56% |
21.06% |
21.79% |
20.66% |
- |
21.32% |
21.61% |
| Return on Invested Capital (ROIC) |
|
13.89% |
12.72% |
13.10% |
14.20% |
13.55% |
13.22% |
14.22% |
13.51% |
- |
13.19% |
13.29% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
13.89% |
12.72% |
13.10% |
14.20% |
13.55% |
13.22% |
14.22% |
13.51% |
- |
13.19% |
13.29% |
| Return on Net Nonoperating Assets (RNNOA) |
|
0.91% |
1.76% |
0.83% |
0.87% |
0.78% |
0.77% |
0.80% |
0.76% |
- |
0.69% |
0.66% |
| Return on Equity (ROE) |
|
14.80% |
14.48% |
13.93% |
15.07% |
14.33% |
13.98% |
15.02% |
14.26% |
- |
13.88% |
13.96% |
| Cash Return on Invested Capital (CROIC) |
|
1.84% |
15.20% |
1.90% |
-0.36% |
2.00% |
1.70% |
0.97% |
1.80% |
- |
0.18% |
1.17% |
| Operating Return on Assets (OROA) |
|
1.98% |
2.06% |
2.07% |
2.20% |
2.15% |
2.09% |
2.33% |
2.20% |
- |
2.16% |
2.25% |
| Return on Assets (ROA) |
|
1.60% |
1.61% |
1.61% |
1.75% |
1.69% |
1.65% |
1.82% |
1.75% |
- |
1.70% |
1.77% |
| Return on Common Equity (ROCE) |
|
14.80% |
14.48% |
13.93% |
15.07% |
14.33% |
13.98% |
15.02% |
14.26% |
- |
13.88% |
13.96% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
13.97% |
13.28% |
13.18% |
0.00% |
13.28% |
13.53% |
13.33% |
- |
13.01% |
12.87% |
| Net Operating Profit after Tax (NOPAT) |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
- |
63 |
67 |
| NOPAT Margin |
|
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
34.04% |
36.83% |
35.70% |
- |
35.19% |
35.57% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
40.64% |
40.80% |
40.37% |
39.64% |
40.35% |
39.86% |
39.27% |
39.40% |
- |
39.79% |
38.24% |
| Operating Expenses to Revenue |
|
59.79% |
54.82% |
55.46% |
52.99% |
56.67% |
55.92% |
52.10% |
52.47% |
- |
54.07% |
52.02% |
| Earnings before Interest and Taxes (EBIT) |
|
60 |
64 |
65 |
74 |
72 |
71 |
80 |
79 |
- |
80 |
85 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
65 |
69 |
70 |
79 |
77 |
77 |
85 |
84 |
- |
85 |
90 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
2.19 |
1.96 |
1.91 |
2.19 |
2.39 |
2.18 |
2.38 |
2.36 |
- |
1.91 |
1.91 |
| Price to Tangible Book Value (P/TBV) |
|
2.55 |
2.27 |
2.20 |
2.50 |
2.72 |
2.47 |
2.68 |
2.65 |
- |
2.14 |
2.13 |
| Price to Revenue (P/Rev) |
|
5.16 |
4.78 |
4.79 |
5.62 |
6.15 |
5.66 |
6.22 |
6.26 |
- |
5.16 |
5.16 |
| Price to Earnings (P/E) |
|
14.81 |
14.05 |
14.40 |
16.64 |
17.94 |
16.44 |
17.57 |
17.73 |
- |
14.71 |
14.82 |
| Dividend Yield |
|
1.74% |
1.93% |
1.96% |
1.66% |
1.52% |
1.65% |
1.49% |
1.48% |
- |
1.78% |
1.76% |
| Earnings Yield |
|
6.75% |
7.12% |
6.94% |
6.01% |
5.57% |
6.08% |
5.69% |
5.64% |
- |
6.80% |
6.75% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.55 |
0.29 |
0.31 |
0.34 |
0.24 |
0.00 |
0.11 |
0.14 |
- |
0.00 |
0.00 |
| Enterprise Value to Revenue (EV/Rev) |
|
1.37 |
0.75 |
0.81 |
0.93 |
0.66 |
0.00 |
0.31 |
0.38 |
- |
0.00 |
0.00 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
2.88 |
1.61 |
1.78 |
2.02 |
1.40 |
0.00 |
0.64 |
0.79 |
- |
0.00 |
0.00 |
| Enterprise Value to EBIT (EV/EBIT) |
|
3.10 |
1.74 |
1.92 |
2.18 |
1.50 |
0.00 |
0.69 |
0.84 |
- |
0.00 |
0.00 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
3.94 |
2.21 |
2.44 |
2.75 |
1.91 |
0.00 |
0.87 |
1.07 |
- |
0.00 |
0.00 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
3.59 |
1.97 |
1.81 |
2.00 |
1.58 |
0.00 |
0.82 |
1.03 |
- |
0.00 |
0.00 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
31.81 |
1.88 |
17.01 |
0.00 |
12.79 |
0.00 |
12.27 |
7.96 |
- |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.06 |
0.07 |
0.06 |
0.06 |
0.05 |
0.05 |
0.05 |
0.05 |
- |
0.05 |
0.05 |
| Long-Term Debt to Equity |
|
0.06 |
0.06 |
0.06 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
- |
0.05 |
0.04 |
| Financial Leverage |
|
0.07 |
0.14 |
0.06 |
0.06 |
0.06 |
0.06 |
0.06 |
0.06 |
- |
0.05 |
0.05 |
| Leverage Ratio |
|
9.22 |
8.97 |
8.68 |
8.60 |
8.49 |
8.48 |
8.27 |
8.17 |
- |
8.16 |
7.90 |
| Compound Leverage Factor |
|
9.22 |
8.97 |
8.68 |
8.60 |
8.49 |
8.46 |
8.25 |
8.17 |
- |
8.16 |
7.90 |
| Debt to Total Capital |
|
5.87% |
6.12% |
5.64% |
5.41% |
5.05% |
4.90% |
5.06% |
5.20% |
- |
5.05% |
4.50% |
| Short-Term Debt to Total Capital |
|
0.22% |
0.62% |
0.27% |
0.26% |
0.00% |
0.00% |
0.32% |
0.62% |
- |
0.75% |
0.29% |
| Long-Term Debt to Total Capital |
|
5.65% |
5.50% |
5.37% |
5.14% |
5.05% |
4.90% |
4.74% |
4.58% |
- |
4.30% |
4.21% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
94.13% |
93.88% |
94.36% |
94.59% |
94.95% |
95.10% |
94.94% |
94.80% |
- |
94.95% |
95.50% |
| Debt to EBITDA |
|
0.31 |
0.34 |
0.33 |
0.32 |
0.29 |
0.28 |
0.29 |
0.30 |
- |
0.30 |
0.27 |
| Net Debt to EBITDA |
|
-7.94 |
-8.66 |
-8.72 |
-10.21 |
-11.72 |
-12.82 |
-12.26 |
-12.22 |
- |
-13.66 |
-12.65 |
| Long-Term Debt to EBITDA |
|
0.30 |
0.31 |
0.31 |
0.30 |
0.29 |
0.28 |
0.27 |
0.27 |
- |
0.26 |
0.25 |
| Debt to NOPAT |
|
0.42 |
0.47 |
0.45 |
0.43 |
0.40 |
0.39 |
0.39 |
0.41 |
- |
0.41 |
0.37 |
| Net Debt to NOPAT |
|
-10.87 |
-11.84 |
-11.97 |
-13.90 |
-16.03 |
-17.51 |
-16.70 |
-16.65 |
- |
-18.52 |
-17.12 |
| Long-Term Debt to NOPAT |
|
0.41 |
0.42 |
0.43 |
0.41 |
0.40 |
0.39 |
0.37 |
0.36 |
- |
0.35 |
0.34 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
- |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-137 |
86 |
-121 |
-156 |
-128 |
-138 |
-155 |
-143 |
- |
-181 |
-163 |
| Operating Cash Flow to CapEx |
|
889.25% |
647.00% |
1,663.09% |
1,482.20% |
113.13% |
680.38% |
568.42% |
644.14% |
- |
703.39% |
847.25% |
| Free Cash Flow to Firm to Interest Expense |
|
-2.20 |
1.31 |
-1.77 |
-2.14 |
-1.81 |
-2.07 |
-2.31 |
-2.08 |
- |
-2.89 |
-2.63 |
| Operating Cash Flow to Interest Expense |
|
0.69 |
1.01 |
1.46 |
1.07 |
0.24 |
1.16 |
1.16 |
1.10 |
- |
1.21 |
1.34 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.61 |
0.86 |
1.37 |
1.00 |
0.03 |
0.99 |
0.96 |
0.93 |
- |
1.04 |
1.18 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
- |
0.05 |
0.05 |
| Fixed Asset Turnover |
|
2.19 |
2.14 |
2.14 |
2.19 |
2.20 |
2.20 |
2.21 |
2.24 |
- |
2.23 |
2.24 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
1,523 |
1,565 |
1,603 |
1,675 |
1,707 |
1,759 |
1,820 |
1,881 |
- |
2,003 |
2,049 |
| Invested Capital Turnover |
|
0.43 |
0.38 |
0.40 |
0.39 |
0.39 |
0.39 |
0.39 |
0.38 |
- |
0.37 |
0.37 |
| Increase / (Decrease) in Invested Capital |
|
186 |
-35 |
172 |
215 |
184 |
194 |
217 |
206 |
- |
244 |
229 |
| Enterprise Value (EV) |
|
837 |
453 |
489 |
574 |
414 |
-238 |
204 |
255 |
- |
-944 |
-580 |
| Market Capitalization |
|
3,146 |
2,884 |
2,893 |
3,476 |
3,882 |
3,651 |
4,109 |
4,212 |
- |
3,640 |
3,732 |
| Book Value per Share |
|
$43.56 |
$44.54 |
$45.85 |
$47.99 |
$48.94 |
$50.34 |
$51.98 |
$53.52 |
- |
$56.70 |
$58.27 |
| Tangible Book Value per Share |
|
$37.51 |
$38.53 |
$39.87 |
$42.04 |
$43.04 |
$44.49 |
$46.16 |
$47.73 |
- |
$50.62 |
$52.23 |
| Total Capital |
|
1,523 |
1,565 |
1,603 |
1,675 |
1,707 |
1,759 |
1,820 |
1,881 |
- |
2,003 |
2,049 |
| Total Debt |
|
89 |
96 |
90 |
91 |
86 |
86 |
92 |
98 |
- |
101 |
92 |
| Total Long-Term Debt |
|
86 |
86 |
86 |
86 |
86 |
86 |
86 |
86 |
- |
86 |
86 |
| Net Debt |
|
-2,309 |
-2,430 |
-2,404 |
-2,902 |
-3,468 |
-3,889 |
-3,905 |
-3,957 |
- |
-4,583 |
-4,312 |
| Capital Expenditures (CapEx) |
|
4.81 |
10 |
6.02 |
5.24 |
15 |
11 |
14 |
12 |
- |
11 |
9.81 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
89 |
96 |
90 |
91 |
86 |
86 |
92 |
98 |
- |
101 |
92 |
| Total Depreciation and Amortization (D&A) |
|
5.06 |
5.14 |
5.07 |
5.15 |
5.28 |
5.64 |
5.38 |
5.39 |
- |
5.36 |
5.32 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.48 |
$1.53 |
$1.53 |
$1.78 |
$1.71 |
$1.69 |
$1.87 |
$1.88 |
$1.78 |
$1.88 |
$1.98 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
| Adjusted Diluted Earnings per Share |
|
$1.46 |
$1.50 |
$1.51 |
$1.75 |
$1.68 |
$1.66 |
$1.85 |
$1.85 |
$1.75 |
$1.85 |
$1.96 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
32.94M |
32.99M |
33.02M |
33.13M |
33.23M |
33.24M |
33.31M |
33.33M |
33.55M |
33.59M |
33.60M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
49 |
50 |
51 |
59 |
56 |
56 |
62 |
63 |
- |
63 |
67 |
| Normalized NOPAT Margin |
|
32.57% |
33.33% |
32.92% |
35.99% |
34.66% |
34.04% |
36.83% |
35.70% |
- |
35.19% |
35.57% |
| Pre Tax Income Margin |
|
40.21% |
42.52% |
42.36% |
45.15% |
44.19% |
43.12% |
47.09% |
45.00% |
- |
44.73% |
45.38% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.97 |
0.98 |
0.95 |
1.02 |
1.02 |
1.07 |
1.19 |
1.15 |
- |
1.28 |
1.38 |
| NOPAT to Interest Expense |
|
0.78 |
0.77 |
0.74 |
0.81 |
0.80 |
0.84 |
0.93 |
0.91 |
- |
1.01 |
1.08 |
| EBIT Less CapEx to Interest Expense |
|
0.89 |
0.82 |
0.86 |
0.94 |
0.81 |
0.90 |
0.98 |
0.98 |
- |
1.11 |
1.22 |
| NOPAT Less CapEx to Interest Expense |
|
0.71 |
0.61 |
0.65 |
0.74 |
0.59 |
0.67 |
0.72 |
0.74 |
- |
0.83 |
0.92 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
25.25% |
26.63% |
27.71% |
27.15% |
26.70% |
26.51% |
25.66% |
25.72% |
- |
25.60% |
25.62% |
| Augmented Payout Ratio |
|
26.10% |
26.63% |
27.71% |
27.15% |
26.70% |
26.51% |
25.66% |
25.72% |
- |
25.60% |
25.62% |
Key Financial Trends
BancFirst’s financial performance continues to improve, although the latest quarter also shows higher credit-loss provisions and a sizable use of cash for investment securities. In Q2 2026, total revenue reached $187.5 million, up 10.7% from $169.3 million in Q2 2025 and 25.3% from Q2 2024. Net income increased to $66.7 million, compared with $62.3 million in Q2 2025 and $50.6 million in Q2 2024. Diluted earnings per share rose to $1.96 from $1.85 in both prior-year comparison quarters.
Net interest income remains the primary earnings engine. Q2 2026 net interest income was $133.5 million, up 10.1% year over year and 21.5% from Q2 2024. Interest income growth has outpaced interest expense growth in recent quarters, helping the bank expand its net interest contribution despite still-elevated deposit funding costs. Non-interest income also reached a period high of $53.9 million, up 12.3% from Q2 2025.
The balance sheet has expanded meaningfully over the longer period covered by the data. Total assets increased from approximately $12.0 billion in Q2 2023 to $15.1 billion in Q2 2026, while total common equity rose from $1.34 billion to $1.96 billion. Deposits also increased from roughly $10.5 billion to $12.8 billion over that period. The supplied standardized data contains inconsistent or incomplete loan-line presentation in several quarters, so loan growth should be evaluated using the company’s reported filings rather than the net-loan values shown here.
Operating cash generation is solid, with Q2 2026 operating cash flow of $83.1 million, up from $78.1 million in Q2 2025 and $77.6 million in Q3 2024. However, cash flow remains volatile because of security portfolio activity and deposit movements. Q2 2026 investment activity used $263.0 million, primarily because of $370.9 million in investment-security purchases, while financing activity used $100.0 million as deposits declined and dividends were paid. As a result, cash and equivalents fell by $279.9 million during the quarter.
- Improving earnings trend: Q2 2026 net income rose 7.0% year over year, while diluted EPS increased 5.9% to $1.96.
- Strong net interest income growth: Net interest income increased from $105.9 million in Q2 2023 to $133.5 million in Q2 2026, supported by higher loan-related and deposit-related interest income.
- Non-interest revenue is expanding: Q2 2026 non-interest income of $53.9 million was 12.3% higher than the restated Q2 2025 figure and 22.8% above Q2 2023.
- Consistent operating cash generation: Operating cash flow has generally remained positive, reaching $83.1 million in Q2 2026 and exceeding net income in the quarter.
- Stronger capital base: Common equity increased from $1.34 billion in Q2 2023 to $1.96 billion in Q2 2026, while retained earnings continued to build.
- Improved accumulated other comprehensive income: AOCI improved from a $77.2 million loss in Q3 2023 to an $8.2 million loss in Q2 2026, reducing a prior drag on reported equity.
- Investment portfolio repositioning: BancFirst purchased $370.9 million of investment securities in Q2 2026 and sold or received maturities of $124.6 million. This may support future interest income, but it also creates near-term cash-flow and interest-rate sensitivity.
- Deposit base remains substantial but variable: Deposits grew over the longer term, yet fell by $74.8 million in Q2 2026 after increasing by $230.7 million in Q1 2026.
- Credit-loss provision increased: The Q2 2026 provision for credit losses rose to $4.9 million from $1.4 million in Q2 2025, reducing the benefit from higher revenue.
- Expenses are rising alongside revenue: Q2 2026 non-interest expense increased to $97.5 million from $88.2 million a year earlier, while large security purchases drove a $279.9 million quarterly decline in cash.
Overall, the statements point to a profitable and increasingly well-capitalized bank with sustained revenue, earnings and equity growth. Investors should nonetheless monitor deposit trends, the direction of credit-loss provisions, the pace of operating-expense growth and the sensitivity of the securities portfolio to changes in interest rates.
09/19/26 03:02 AM ETAI Generated. May Contain Errors.