DA Davidson Has Bullish Forecast for BancFirst Q1 Earnings

BancFirst Co. (NASDAQ:BANF) – Investment analysts at DA Davidson boosted their Q1 2025 earnings estimates for shares of BancFirst in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the bank will earn $1.61 per share for the quarter, up from their prior estimate of $1.60. The consensus estimate for BancFirst’s current full-year earnings is $6.52 per share. DA Davidson also issued estimates for BancFirst’s FY2026 earnings at $6.86 EPS.

Separately, StockNews.com lowered BancFirst from a “hold” rating to a “sell” rating in a research note on Friday.

BancFirst Stock Performance

BANF stock opened at $100.43 on Thursday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. BancFirst has a twelve month low of $81.21 and a twelve month high of $132.29. The business’s fifty day moving average is $114.85 and its 200-day moving average is $115.75. The company has a market cap of $3.34 billion, a P/E ratio of 15.59 and a beta of 0.82.

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

BancFirst Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.83%. BancFirst’s dividend payout ratio is 28.57%.

Insider Activity

In other news, Director William Scott Martin sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $119.13, for a total value of $1,191,300.00. Following the completion of the transaction, the director now owns 214,499 shares in the company, valued at $25,553,265.87. This represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director F Ford Drummond sold 5,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $117.97, for a total transaction of $589,850.00. Following the sale, the director now owns 6,000 shares in the company, valued at approximately $707,820. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,000 shares of company stock valued at $2,994,350 in the last quarter. Company insiders own 33.89% of the company’s stock.

Hedge Funds Weigh In On BancFirst

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of BancFirst by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 2,306,204 shares of the bank’s stock valued at $270,241,000 after purchasing an additional 44,563 shares in the last quarter. State Street Corp lifted its stake in BancFirst by 12.4% in the 3rd quarter. State Street Corp now owns 872,101 shares of the bank’s stock valued at $92,187,000 after acquiring an additional 96,483 shares in the last quarter. Geode Capital Management LLC boosted its position in BancFirst by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 484,883 shares of the bank’s stock worth $56,832,000 after acquiring an additional 2,098 shares during the last quarter. Norges Bank acquired a new stake in shares of BancFirst in the fourth quarter valued at approximately $26,649,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of BancFirst by 16.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 192,320 shares of the bank’s stock worth $20,242,000 after purchasing an additional 26,707 shares in the last quarter. Institutional investors own 51.72% of the company’s stock.

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.