What is DA Davidson's Estimate for BancFirst Q1 Earnings?

BancFirst Co. (NASDAQ:BANF - Free Report) - Equities researchers at DA Davidson raised their Q1 2025 earnings estimates for BancFirst in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the bank will post earnings per share of $1.61 for the quarter, up from their previous forecast 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.

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

Separately, StockNews.com lowered BancFirst from a "hold" rating to a "sell" rating in a research report on Friday.

BancFirst Stock Up 0.4 %

Shares of NASDAQ:BANF traded up $0.40 during trading on Thursday, hitting $103.47. The company's stock had a trading volume of 41,982 shares, compared to its average volume of 99,856. BancFirst has a fifty-two week low of $81.21 and a fifty-two week high of $132.29. The stock's 50-day moving average price is $114.52 and its two-hundred day moving average price is $115.82. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $3.44 billion, a PE ratio of 16.01 and a beta of 0.82.

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Hedge Funds Weigh In On BancFirst

A number of large investors have recently bought and sold shares of BANF. Smartleaf Asset Management LLC raised its position 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 during the period. Sterling Capital Management LLC grew its stake in BancFirst by 779.4% during the 4th quarter. Sterling Capital Management LLC now owns 554 shares of the bank's stock worth $65,000 after buying an additional 491 shares during the last quarter. AlphaQuest LLC increased its position in BancFirst by 11.5% in the fourth quarter. AlphaQuest LLC now owns 862 shares of the bank's stock worth $101,000 after buying an additional 89 shares during the period. Cubist Systematic Strategies LLC bought a new stake in BancFirst in the fourth quarter valued at $135,000. Finally, KBC Group NV boosted its holdings in shares of BancFirst by 85.6% during the fourth quarter. KBC Group NV now owns 1,162 shares of the bank's stock valued at $136,000 after acquiring an additional 536 shares during the period. Institutional investors own 51.72% of the company's stock.

Insider Activity at BancFirst

In other news, Director F Ford Drummond sold 5,000 shares of BancFirst stock in a transaction that occurred on 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 in the company, valued at approximately $723,480. This trade represents a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the director now directly owns 214,499 shares in the company, valued at approximately $25,553,265.87. This represents a 4.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,000 shares of company stock valued at $2,994,350 over the last three months. 33.89% of the stock is owned by insiders.

BancFirst Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.46 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a yield of 1.78%. BancFirst's dividend payout ratio (DPR) is 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.