| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
BANF Stock Overview
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.
BancFirst Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$77.95 |
| 52 Week High | US$78.50 |
| 52 Week Low | US$53.77 |
| Beta | 1.36 |
| 1 Month Change | 16.36% |
| 3 Month Change | 20.97% |
| 1 Year Change | 21.10% |
| 3 Year Change | 45.73% |
| 5 Year Change | 64.63% |
| Change since IPO | 1,734.12% |
Recent News & Updates
BancFirst (NASDAQ:BANF) Is Increasing Its Dividend To US$0.36
BancFirst Corporation ( NASDAQ:BANF ) has announced that it will be increasing its dividend on the 17th of January to...
Here's Why I Think BancFirst (NASDAQ:BANF) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
BancFirst (NASDAQ:BANF) Will Pay A Larger Dividend Than Last Year At US$0.36
BancFirst Corporation's ( NASDAQ:BANF ) dividend will be increasing to US$0.36 on 15th of October. The announced...
Shareholder Returns
| BANF | US Banks | US Market | |
|---|---|---|---|
| 7D | 4.9% | -3.7% | -3.5% |
| 1Y | 21.1% | 29.3% | 10.2% |
Return vs Industry: BANF underperformed the US Banks industry which returned 32.9% over the past year.
Return vs Market: BANF exceeded the US Market which returned 13.7% over the past year.
Price Volatility
| BANF volatility | |
|---|---|
| BANF Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 3.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: BANF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BANF's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 2,036 | David Harlow | https://www.bancfirst.bank |
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.
BancFirst Fundamentals Summary
| BANF fundamental statistics | |
|---|---|
| Market Cap | US$2.54b |
| Earnings (TTM) | US$164.82m |
| Revenue (TTM) | US$477.73m |
15.4x
P/E Ratio2.2x
P/B RatioIs BANF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BANF income statement (TTM) | |
|---|---|
| Revenue | US$477.73m |
| Cost of Revenue | US$0 |
| Gross Profit | US$477.73m |
| Expenses | US$312.91m |
| Earnings | US$164.82m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.06 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.50% |
| Debt/Equity Ratio | 7.8% |
How did BANF perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield27%
Payout RatioValuation
Is BancFirst undervalued compared to its fair value and its price relative to the market?
16.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BANF ($77.95) is trading below our estimate of fair value ($93.46)
Significantly Below Fair Value: BANF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BANF is poor value based on its PE Ratio (15.4x) compared to the US Banks industry average (11.3x).
PE vs Market: BANF is good value based on its PE Ratio (15.4x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: BANF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BANF is overvalued based on its PB Ratio (2.2x) compared to the US Banks industry average (1.2x).
Future Growth
How is BancFirst forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-14.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BANF's earnings are forecast to decline over the next 3 years (-14.7% per year).
Earnings vs Market: BANF's earnings are forecast to decline over the next 3 years (-14.7% per year).
High Growth Earnings: BANF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BANF's revenue is expected to decline over the next 3 years (-1.4% per year).
High Growth Revenue: BANF's revenue is forecast to decline over the next 3 years (-1.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BANF's Return on Equity is forecast to be low in 3 years time (10.5%).
Past Performance
How has BancFirst performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BANF has high quality earnings.
Growing Profit Margin: BANF's current net profit margins (34.5%) are higher than last year (26.3%).
Past Earnings Growth Analysis
Earnings Trend: BANF's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: BANF's earnings growth over the past year (65.3%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: BANF earnings growth over the past year (65.3%) exceeded the Banks industry 43.7%.
Return on Equity
High ROE: BANF's Return on Equity (14.4%) is considered low.
Financial Health
How is BancFirst's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BANF's Assets to Equity ratio (9.9x) is low.
Allowance for Bad Loans: BANF has a sufficient allowance for bad loans (222%).
Low Risk Liabilities: 98% of BANF's liabilities are made up of primarily low risk sources of funding.
Loan Level: BANF has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: BANF's Loans to Deposits ratio (59%) is appropriate.
Level of Bad Loans: BANF has an appropriate level of bad loans (0.6%).
Dividend
What is BancFirst current dividend yield, its reliability and sustainability?
1.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BANF's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: BANF's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: BANF's dividends per share have been stable in the past 10 years.
Growing Dividend: BANF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.4%), BANF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BANF's dividends in 3 years are forecast to be well covered by earnings (41.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
David Harlow (58 yo)
4.67yrs
Tenure
US$1,451,109
Compensation
Mr. David R. Harlow has been the Chief Executive Officer of Bancfirst Corporation since May 25, 2017 and serves as its President. Mr. Harlow served as President of BancFirst since 2003 until July 2017. He...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.45M) is below average for companies of similar size in the US market ($USD5.13M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: BANF's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: BANF's board of directors are seasoned and experienced ( 19 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BancFirst Corporation's employee growth, exchange listings and data sources
Key Information
- Name: BancFirst Corporation
- Ticker: BANF
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$2.539b
- Shares outstanding: 32.57m
- Website: https://www.bancfirst.bank
Number of Employees
Location
- BancFirst Corporation
- 100 North Broadway Avenue
- Oklahoma City
- Oklahoma
- 73102
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/18 23:48 |
| End of Day Share Price | 2022/01/18 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.