Equities research analysts expect BancFirst Co. (NASDAQ:BANF) to report $0.92 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have provided estimates for BancFirst’s earnings. The lowest EPS estimate is $0.90 and the highest is $0.93. BancFirst reported earnings of $0.94 per share during the same quarter last year, which would suggest a negative year over year growth rate of 2.1%. The business is expected to report its next earnings results on Thursday, April 18th.
On average, analysts expect that BancFirst will report full-year earnings of $3.76 per share for the current financial year, with EPS estimates ranging from $3.74 to $3.79. For the next financial year, analysts forecast that the firm will post earnings of $3.83 per share, with EPS estimates ranging from $3.82 to $3.83. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that cover BancFirst.
BancFirst (NASDAQ:BANF) last posted its quarterly earnings data on Thursday, January 17th. The bank reported $0.98 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.04. The company had revenue of $100.74 million during the quarter, compared to analyst estimates of $97.57 million. BancFirst had a net margin of 29.37% and a return on equity of 14.68%.
BANF has been the subject of a number of research reports. Zacks Investment Research raised shares of BancFirst from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a report on Thursday, November 29th. ValuEngine raised shares of BancFirst from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, BidaskClub lowered shares of BancFirst from a “hold” rating to a “sell” rating in a report on Wednesday, November 28th.
Several institutional investors have recently modified their holdings of BANF. Norges Bank acquired a new stake in shares of BancFirst in the fourth quarter valued at approximately $12,917,000. BlackRock Inc. grew its holdings in BancFirst by 3.7% during the 4th quarter. BlackRock Inc. now owns 1,311,440 shares of the bank’s stock worth $65,441,000 after acquiring an additional 47,303 shares during the period. Vanguard Group Inc grew its holdings in BancFirst by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 1,816,854 shares of the bank’s stock worth $108,921,000 after acquiring an additional 31,758 shares during the period. Vanguard Group Inc. grew its holdings in BancFirst by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,816,854 shares of the bank’s stock worth $108,921,000 after acquiring an additional 31,758 shares during the period. Finally, First Trust Advisors LP grew its holdings in BancFirst by 35.4% during the 3rd quarter. First Trust Advisors LP now owns 102,400 shares of the bank’s stock worth $6,139,000 after acquiring an additional 26,761 shares during the period. 33.48% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ BANF traded up $0.11 during mid-day trading on Monday, hitting $55.21. 156,937 shares of the stock were exchanged, compared to its average volume of 44,050. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 2.08 and a beta of 0.79. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.03. BancFirst has a twelve month low of $48.07 and a twelve month high of $65.70.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 29th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Thursday, March 28th. BancFirst’s dividend payout ratio is currently 31.41%.
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. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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