FY2025 Earnings Estimate for BancFirst Co. Issued By DA Davidson (NASDAQ:BANF)

BancFirst Co. (NASDAQ:BANF) – DA Davidson lifted their FY2025 earnings estimates for BancFirst in a note issued to investors on Monday, July 22nd. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings per share of $5.84 for the year, up from their prior estimate of $5.48. The consensus estimate for BancFirst’s current full-year earnings is $6.07 per share.

Several other research firms have also recently commented on BANF. Piper Sandler upped their price target on BancFirst from $84.50 to $95.00 and gave the stock an “underweight” rating in a research note on Monday. StockNews.com upgraded shares of BancFirst from a “sell” rating to a “hold” rating in a research report on Friday, July 19th.

BancFirst Stock Up 2.7 %

BANF opened at $108.50 on Wednesday. BancFirst has a 52 week low of $79.99 and a 52 week high of $110.39. The business has a 50 day moving average price of $89.13 and a two-hundred day moving average price of $88.70. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.58 billion, a PE ratio of 17.73 and a beta of 1.04.

BancFirst (NASDAQ:BANF) last announced its earnings results on Thursday, July 18th. The bank reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.09. BancFirst had a net margin of 29.64% and a return on equity of 14.10%.

BancFirst Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a $0.43 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.59%. BancFirst’s dividend payout ratio (DPR) is presently 28.10%.

Insider Buying and Selling

In related news, Director William Scott Martin sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $107.50, for a total value of $537,500.00. Following the completion of the sale, the director now owns 326,904 shares in the company, valued at $35,142,180. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Dennis Jay Hannah sold 5,496 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $92.23, for a total value of $506,896.08. Following the sale, the executive vice president now directly owns 10,714 shares in the company, valued at approximately $988,152.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William Scott Martin sold 5,000 shares of the stock in a transaction that occurred on Wednesday, July 24th. The shares were sold at an average price of $107.50, for a total transaction of $537,500.00. Following the completion of the sale, the director now owns 326,904 shares in the company, valued at $35,142,180. The disclosure for this sale can be found here. Insiders have sold 25,700 shares of company stock valued at $2,495,242 over the last quarter. Company insiders own 33.89% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BANF. GAMMA Investing LLC purchased a new position in BancFirst during the fourth quarter worth $25,000. Global Retirement Partners LLC acquired a new position in BancFirst in the 1st quarter valued at about $35,000. Benjamin F. Edwards & Company Inc. lifted its holdings in BancFirst by 557.1% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 506 shares of the bank’s stock valued at $45,000 after purchasing an additional 429 shares in the last quarter. EntryPoint Capital LLC boosted its stake in shares of BancFirst by 56.8% during the 1st quarter. EntryPoint Capital LLC now owns 842 shares of the bank’s stock worth $74,000 after purchasing an additional 305 shares during the last quarter. Finally, Transcendent Capital Group LLC purchased a new stake in BancFirst in the 1st quarter worth approximately $105,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.

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.