Equities research analysts forecast that BancFirst Co. (NASDAQ:BANF) will report $0.94 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for BancFirst’s earnings, with the lowest EPS estimate coming in at $0.93 and the highest estimate coming in at $0.94. BancFirst reported earnings per share of $0.91 in the same quarter last year, which suggests a positive year over year growth rate of 3.3%. The company is scheduled to report its next quarterly earnings report on Thursday, July 18th.

According to Zacks, analysts expect that BancFirst will report full year earnings of $3.89 per share for the current year, with EPS estimates ranging from $3.86 to $3.95. For the next year, analysts anticipate that the business will post earnings of $4.01 per share, with EPS estimates ranging from $3.86 to $4.16. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for BancFirst.

BancFirst (NASDAQ:BANF) last issued its earnings results on Thursday, April 18th. The bank reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.04. The business had revenue of $98.90 million for the quarter, compared to analyst estimates of $98.50 million. BancFirst had a net margin of 29.07% and a return on equity of 14.31%.

A number of equities analysts have recently commented on BANF shares. ValuEngine lowered shares of BancFirst from a “hold” rating to a “sell” rating in a research report on Wednesday, March 6th. Zacks Investment Research raised shares of BancFirst from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a research report on Tuesday, April 23rd. Finally, BidaskClub raised shares of BancFirst from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 4th.

Shares of NASDAQ:BANF traded up $0.39 during trading on Friday, reaching $54.14. 55,937 shares of the company were exchanged, compared to its average volume of 44,066. The firm has a market cap of $1.82 billion, a PE ratio of 14.17, a price-to-earnings-growth ratio of 2.05 and a beta of 0.79. BancFirst has a 12-month low of $48.07 and a 12-month high of $65.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.99 and a current ratio of 0.99.

Large investors have recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in BancFirst during the first quarter valued at approximately $34,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in BancFirst by 77.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,043 shares of the bank’s stock valued at $54,000 after buying an additional 456 shares during the period. Acadian Asset Management LLC purchased a new position in BancFirst during the fourth quarter valued at approximately $61,000. SG Americas Securities LLC purchased a new position in BancFirst during the first quarter valued at approximately $157,000. Finally, Meeder Asset Management Inc. increased its holdings in BancFirst by 47.3% during the first quarter. Meeder Asset Management Inc. now owns 3,331 shares of the bank’s stock valued at $174,000 after buying an additional 1,070 shares during the period. 34.35% of the stock is currently owned by institutional investors and hedge funds.

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 and Estimates for BancFirst (NASDAQ:BANF)

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