FY2025 Earnings Estimate for BancFirst Issued By DA Davidson

BancFirst Co. (NASDAQ:BANF) – Equities researchers at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for BancFirst in a note issued to investors on Tuesday, January 28th. DA Davidson analyst G. Tenner now forecasts that the bank will earn $6.90 per share for the year, up from their prior estimate of $6.26. DA Davidson has a “Neutral” rating and a $110.00 price target on the stock. The consensus estimate for BancFirst’s current full-year earnings is $6.52 per share.

Other equities analysts have also recently issued research reports about the stock. StockNews.com cut shares of BancFirst from a “hold” rating to a “sell” rating in a research report on Friday, January 24th. Keefe, Bruyette & Woods raised their price target on BancFirst from $117.00 to $135.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th.

BancFirst Trading Up 0.1 %

Shares of BANF stock opened at $119.08 on Thursday. BancFirst has a 1-year low of $81.21 and a 1-year high of $132.29. The firm has a market cap of $3.95 billion, a PE ratio of 18.49 and a beta of 1.06. The company has a 50-day moving average of $121.10 and a two-hundred day moving average of $112.33. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

BancFirst (NASDAQ:BANF) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.07. BancFirst had a return on equity of 14.21% and a net margin of 23.52%.

Institutional Investors Weigh In On BancFirst

A number of hedge funds and other institutional investors have recently modified their holdings of BANF. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of BancFirst during the third quarter worth $38,000. Blue Trust Inc. boosted its position in shares of BancFirst by 33.9% during the 3rd quarter. Blue Trust Inc. now owns 391 shares of the bank’s stock worth $41,000 after acquiring an additional 99 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of BancFirst in the 2nd quarter valued at about $77,000. nVerses Capital LLC acquired a new stake in shares of BancFirst during the 3rd quarter worth about $105,000. Finally, Point72 Asset Management L.P. purchased a new stake in BancFirst during the second quarter worth approximately $114,000. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director F Ford Drummond sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $117.97, for a total value of $589,850.00. Following the sale, the director now owns 6,000 shares of the company’s stock, valued at $707,820. This trade represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William Scott Martin sold 15,000 shares of BancFirst stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $117.00, for a total transaction of $1,755,000.00. Following the completion of the transaction, the director now owns 291,904 shares of the company’s stock, valued at $34,152,768. This represents a 4.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 94,448 shares of company stock valued at $11,626,527 in the last ninety days. Company insiders own 33.89% of the company’s stock.

BancFirst Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Tuesday, December 31st. BancFirst’s dividend payout ratio (DPR) is currently 28.57%.

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.