BancFirst (NASDAQ:BANF) Posts Earnings Results, Misses Expectations By $0.13 EPS

BancFirst (NASDAQ:BANF) posted its earnings results on Thursday. The bank reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.13), MarketWatch Earnings reports. BancFirst had a return on equity of 11.34% and a net margin of 23.55%.

Shares of BANF stock opened at $44.31 on Friday. BancFirst has a 1 year low of $26.00 and a 1 year high of $63.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.01 and a quick ratio of 1.00. The stock’s 50 day simple moving average is $43.29 and its two-hundred day simple moving average is $39.63. The company has a market cap of $1.45 billion, a PE ratio of 13.11 and a beta of 1.29.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This is an increase from BancFirst’s previous quarterly dividend of $0.32. This represents a $1.36 dividend on an annualized basis and a yield of 3.07%. BancFirst’s dividend payout ratio is 33.01%.

A number of research firms recently commented on BANF. Zacks Investment Research upgraded BancFirst from a “sell” rating to a “hold” rating in a research report on Thursday, October 1st. BidaskClub upgraded BancFirst from a “sell” rating to a “hold” rating in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $54.50.

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. 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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Earnings History for BancFirst (NASDAQ:BANF)

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