FY2025 EPS Estimates for BancFirst Decreased by DA Davidson

BancFirst Co. (NASDAQ:BANF - Free Report) - Equities research analysts at DA Davidson lowered their FY2025 earnings per share estimates for BancFirst in a research note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the bank will earn $6.44 per share for the year, down from their prior forecast of $6.47. The consensus estimate for BancFirst's current full-year earnings is $6.52 per share.

BancFirst (NASDAQ:BANF - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The bank reported $1.68 EPS 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%.

Separately, StockNews.com cut BancFirst from a "hold" rating to a "sell" rating in a research report on Friday, April 4th.

BancFirst Stock Up 6.5 %

BANF stock traded up $6.60 during midday trading on Friday, reaching $108.68. The company had a trading volume of 33,234 shares, compared to its average volume of 100,276. The company has a 50 day moving average of $113.85 and a two-hundred day moving average of $115.68. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. BancFirst has a 1 year low of $81.21 and a 1 year high of $132.29. The company has a market capitalization of $3.61 billion, a P/E ratio of 16.95 and a beta of 0.82.

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Hedge Funds Weigh In On BancFirst

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its holdings in shares of BancFirst by 155.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 314 shares of the bank's stock worth $38,000 after purchasing an additional 191 shares in the last quarter. Sterling Capital Management LLC boosted its stake in BancFirst by 779.4% during the fourth quarter. Sterling Capital Management LLC now owns 554 shares of the bank's stock worth $65,000 after buying an additional 491 shares in the last quarter. AlphaQuest LLC increased its holdings in BancFirst by 11.5% in the 4th quarter. AlphaQuest LLC now owns 862 shares of the bank's stock valued at $101,000 after buying an additional 89 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of BancFirst during the 4th quarter worth about $135,000. Finally, KBC Group NV boosted its position in shares of BancFirst by 85.6% during the 4th quarter. KBC Group NV now owns 1,162 shares of the bank's stock valued at $136,000 after acquiring an additional 536 shares in the last quarter. 51.72% of the stock is currently owned by institutional investors.

Insider Activity at BancFirst

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

BancFirst Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.46 per share. The ex-dividend date is Monday, March 31st. This represents a $1.84 annualized dividend and a dividend yield of 1.69%. BancFirst's dividend payout ratio (DPR) is presently 28.57%.

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.