BancFirst (BANF) Expected to Announce Earnings on Thursday

BancFirst (NASDAQ:BANF - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $1.57 per share and revenue of $161.72 million for the quarter.

BancFirst (NASDAQ:BANF - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The bank reported $1.68 EPS 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%. On average, analysts expect BancFirst to post $7 EPS for the current fiscal year and $6 EPS for the next fiscal year.

BancFirst Price Performance

NASDAQ:BANF traded up $1.93 during trading hours on Tuesday, hitting $106.00. The stock had a trading volume of 80,245 shares, compared to its average volume of 101,210. The company has a 50 day simple moving average of $112.10 and a two-hundred day simple moving average of $115.61. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 16.46 and a beta of 0.82. 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 has a one year low of $81.21 and a one year high of $132.29.

BancFirst Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Monday, March 31st. BancFirst's payout ratio is 28.57%.

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Analyst Upgrades and Downgrades

Separately, StockNews.com raised BancFirst from a "sell" rating to a "hold" rating in a report on Monday.

Insider Transactions at BancFirst

In other BancFirst news, Director William Scott Martin sold 10,000 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $119.13, for a total transaction of $1,191,300.00. Following the sale, the director now owns 214,499 shares in the company, valued at $25,553,265.87. This trade represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director F Ford Drummond sold 5,000 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $120.58, for a total value of $602,900.00. Following the completion of the transaction, the director now owns 6,000 shares of the company's stock, valued at $723,480. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,000 shares of company stock valued at $2,994,350. Insiders own 33.89% 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.