BancFirst (BANF) AI Stock Analysis

• Market Cap: $4.37B
• Dividend Yield: 1.4%
• Average Volume (3M): 97.93K
• Price to Earnings (P/E): 19.9
• Beta (1Y): 0.87
• Revenue Growth: 11.42%
• EPS Growth: 7.58%
• Country: US
• Employees: 2,135
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 1.67
• Shares Outstanding: 33,242,813
• 10 Day Avg. Volume: 148,312
• 30 Day Avg. Volume: 97,929
• PEG Ratio: 7.29
• Price to Book (P/B): 2.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.97
• Enterprise Value/Market Cap: 0.02
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.13
• Enterprise Value/Ebitda: 0.07
• 1Y Price Target: $121.50
• Price Target Upside: -7.50% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 70 Outperform
• Price Target: $148.00 ▲(12.68%Upside)

BancFirst's strong financial performance and positive technical indicators are offset by its moderate valuation and limited upside potential as indicated by analyst ratings. While the corporate event of a dividend declaration is positive, the stock's overbought technical indicators suggest caution in the short term.

BancFirst Business Overview & Revenue Model

Company Description

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, Pegasus Bank, 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. It also provides commercial, financial, and other loans for working capital, facilities acquisition or expansion, purchase of equipment, and other needs; lending services that include private banking, energy, commercial and residential real estate, and commercial and industrial loans; and loans to finance purchases of consumer goods, such as automobiles, boats, household goods, vacations, and education. In addition, the company engages in the investment management and administration of trusts for individuals, corporations, and employee benefit plans, as well as bond trustee and paying agent business for various Oklahoma municipalities and governmental entities; and provision of item processing, research, and other correspondent banking services. Further, it is involved in real estate investment and insurance agency services; and providing funds transfer, collection, safe deposit box, cash management, and other services. The company serves customers in non-metropolitan trade centers and cities in the metropolitan statistical areas of Oklahoma. It operates through 108 banking locations in Oklahoma and 3 banking locations in Dallas, Texas. The company was formerly known as United Community Corporation and changed its name to BancFirst Corporation in November 1988. BancFirst Corporation was incorporated in 1984 and is headquartered in Oklahoma City, Oklahoma.

How the Company Makes Money

BancFirst makes money primarily through the interest income generated from its lending activities, which include commercial, consumer, and real estate loans. The bank also earns revenue from service charges on deposit accounts, transaction fees, and other banking services. Additionally, BancFirst gains income from investment securities and gains on the sale of loans. The company benefits from its expansive branch network across Oklahoma, fostering strong customer relationships and a stable deposit base, which is crucial for its lending operations. While BancFirst does not heavily rely on partnerships, its financial performance is influenced by economic conditions in Oklahoma and the broader interest rate environment, impacting lending rates and deposit interest expenses.

BancFirst Financial Statement Overview

Summary

BancFirst demonstrates strong financial health with excellent profitability, efficient operations, and robust cash flow management. The company benefits from a debt-free balance sheet, mitigating financial risk. Despite a slightly low equity ratio, BancFirst's financial position is stable. Continued revenue growth and effective cash flow management position the company well for future growth.

Income Statement

BancFirst exhibits strong profitability with a consistently high gross profit margin at 100%, reflecting efficient cost management. The net profit margin rose slightly to 29.89% in 2024 from 34.05% in 2023, indicating robust profitability. Revenue growth rate was impressive at 16.06% from 2023 to 2024, showing a positive growth trajectory. The EBIT margin significantly increased to 98.71% in 2024, showcasing operational efficiency. However, despite these strengths, the lack of EBITDA data for 2024 is a minor limitation.

Balance Sheet

The balance sheet of BancFirst is solid with a debt-free position, eliminating leverage risks. The equity ratio stands at 11.96% for 2024, indicating a stable capital structure. Return on Equity (ROE) is strong at 13.35%, signifying effective utilization of equity. Despite these positives, the relatively low equity ratio suggests a heavy reliance on liabilities, which could pose a risk if not managed carefully.

Cash Flow

BancFirst shows a healthy cash flow with a free cash flow growth rate of 24.06% from 2023 to 2024, indicating improved cash generation. The operating cash flow to net income ratio is 1.21, highlighting efficient cash conversion. Additionally, the free cash flow to net income ratio is 1.21, further supporting strong cash flow management. However, the absence of capital expenditures in 2024 may raise concerns about long-term growth investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	923.54M	908.71M	809.34M	603.57M	497.05M	464.34M
Gross Profit	638.71M	622.45M	602.41M	547.34M	494.38M	381.24M
EBITDA	304.08M	296.96M	292.14M	259.48M	228.44M	141.94M
Net Income	222.13M	216.35M	212.47M	193.10M	167.63M	99.59M
Balance Sheet
Total Assets	14.04B	13.55B	12.37B	12.39B	9.41B	9.21B
Cash, Cash Equivalents and Short-Term Investments	4.31B	3.88B	3.95B	4.71B	2.58B	2.17B
Total Debt	86.17M	86.16M	89.45M	86.34M	85.99M	27.90M
Total Liabilities	12.37B	11.93B	10.94B	11.14B	8.23B	8.14B
Stockholders Equity	1.67B	1.62B	1.43B	1.25B	1.17B	1.07B
Cash Flow
Free Cash Flow	234.12M	224.55M	210.54M	206.49M	176.68M	88.41M
Operating Cash Flow	271.83M	261.20M	233.04M	226.27M	203.93M	154.85M
Investing Cash Flow	19.47M	-71.39M	-669.71M	-1.52B	422.88M	-898.51M
Financing Cash Flow	1.16B	966.50M	-334.79M	2.41B	-193.71M	492.28M

BancFirst Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 131.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BANF, the sentiment is Positive. The current price of 131.35 is above the 20-day moving average (MA) of 122.89, above the 50-day MA of 122.87, and above the 200-day MA of 116.05, indicating a bullish trend. The MACD of 1.75 indicates Negative momentum. The RSI at 69.52 is Neutral, neither overbought nor oversold. The STOCH value of 94.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BANF.

BancFirst Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ABCB	78 Outperform	$4.67B	12.57	10.19%	1.18%	7.16%	31.69%
AX	76 Outperform	$4.73B	11.42	17.80%	―	15.93%	0.17%
AUB	75 Outperform	$4.78B	15.35	7.30%	4.05%	26.09%	-19.05%
BANF	70 Outperform	$4.37B	19.91	14.14%	1.40%	11.42%	7.58%
Sector *	67 Neutral	¥722.93B	10.85	7.44%	3.36%	7.82%	15.26%
TFSL	64 Neutral	$3.76B	46.69	4.22%	8.43%	8.99%	3.89%
ASB	56 Neutral	$4.29B	30.36	3.23%	3.56%	0.21%	-12.02%

BancFirst Corporate Events

BancFirst Declares Dividend and Interest Payment

On May 22, 2025, BancFirst Corporation held its annual meeting of shareholders, where all 17 directors were elected, the selection of Forvis Mazars, LLP as the independent registered public accounting firm was ratified, and executive compensation was approved. Additionally, the Board of Directors declared a $0.46 per share cash dividend on common stock and announced a quarterly interest payment on its Junior Subordinated Debentures, both payable on July 15, 2025, to shareholders of record on June 30, 2025.

The most recent analyst rating on (BANF) stock is a Hold with a $110.00 price target. To see the full list of analyst forecasts on BancFirst stock, see the BANF Stock Forecast page.

BancFirst Announces Acquisition of American Bank of Oklahoma

On May 20, 2025, BancFirst Corporation announced its agreement to acquire American Bank of Oklahoma, a community bank with $385 million in assets, $280 million in loans, and $320 million in deposits. The acquisition is expected to close in the third quarter of 2025, with the merger into BancFirst anticipated in the fourth quarter, subject to regulatory approvals.

The most recent analyst rating on (BANF) stock is a Hold with a $110.00 price target. To see the full list of analyst forecasts on BancFirst stock, see the BANF Stock Forecast page.