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BancFirst NasdaqGS:BANF Stock Report

Last Price


Market Cap







19 May, 2022


Company Financials +
BANF fundamental analysis
Snowflake Score
Future Growth1/6
Past Performance5/6
Financial Health6/6

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

Summary of all time highs, changes and price drops for BancFirst
Historical stock prices
Current Share PriceUS$80.90
52 Week HighUS$86.82
52 Week LowUS$53.77
1 Month Change-4.70%
3 Month Change3.76%
1 Year Change13.42%
3 Year Change50.51%
5 Year Change70.05%
Change since IPO1,803.53%

Recent News & Updates

Shareholder Returns

BANFUS BanksUS Market

Return vs Industry: BANF exceeded the US Banks industry which returned -18.2% over the past year.

Return vs Market: BANF exceeded the US Market which returned -11.5% over the past year.

Price Volatility

Is BANF's price volatile compared to industry and market?
BANF volatility
BANF Average Weekly Movement2.9%
Banks Industry Average Movement4.0%
Market Average Movement8.0%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

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

19841,948David Harlow

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

How do BancFirst's earnings and revenue compare to its market cap?
BANF fundamental statistics
Market CapUS$2.67b
Earnings (TTM)US$161.03m
Revenue (TTM)US$488.66m


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BANF income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$488.66m
Other ExpensesUS$327.63m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)4.92
Gross Margin100.00%
Net Profit Margin32.95%
Debt/Equity Ratio7.6%

How did BANF perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is BancFirst undervalued compared to its fair value and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BANF ($80.9) is trading below our estimate of fair value ($135.95)

Significantly Below Fair Value: BANF is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: BANF is poor value based on its PE Ratio (16.4x) compared to the US Banks industry average (9.7x).

PE vs Market: BANF is poor value based on its PE Ratio (16.4x) compared to the US market (15.5x).

Price to Earnings Growth Ratio

PEG Ratio: BANF is poor value based on its PEG Ratio (4.5x)

Price to Book Ratio

PB vs Industry: BANF is overvalued based on its PB Ratio (2.3x) compared to the US Banks industry average (1.1x).

Future Growth

How is BancFirst forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score


Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BANF's forecast earnings growth (3.6% per year) is above the savings rate (1.9%).

Earnings vs Market: BANF's earnings (3.6% per year) are forecast to grow slower than the US market (12.4% per year).

High Growth Earnings: BANF's earnings are forecast to grow, but not significantly.

Revenue vs Market: BANF's revenue (5.5% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: BANF's revenue (5.5% per year) is forecast to grow slower than 20% 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 (12.9%).

Past Performance

How has BancFirst performed over the past 5 years?

Past Performance Score


Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BANF has high quality earnings.

Growing Profit Margin: BANF's current net profit margins (33%) are higher than last year (29.2%).

Past Earnings Growth Analysis

Earnings Trend: BANF's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: BANF's earnings growth over the past year (34.8%) exceeds its 5-year average (12% per year).

Earnings vs Industry: BANF earnings growth over the past year (34.8%) exceeded the Banks industry 20.9%.

Return on Equity

High ROE: BANF's Return on Equity (13.8%) is considered low.

Financial Health

How is BancFirst's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: BANF's Assets to Equity ratio (10.8x) is moderate.

Allowance for Bad Loans: BANF has a sufficient allowance for bad loans (334%).

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 (51%).

Low Risk Deposits: BANF's Loans to Deposits ratio (57%) is appropriate.

Level of Bad Loans: BANF has an appropriate level of bad loans (0.4%).


What is BancFirst current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BANF's dividend (1.78%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: BANF's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (4.07%).

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

Earnings Coverage: With its reasonably low payout ratio (28.8%), BANF's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


David Harlow (58 yo)





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 ($USD796.73K) is below average for companies of similar size in the US market ($USD6.81M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: BANF's management team is seasoned and experienced (6 years average tenure).

Board Members

Experienced Board: BANF's board of directors are seasoned and experienced ( 19.3 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BANF insiders have only sold shares 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$2.670b
  • Shares outstanding: 32.73m
  • Website:

Number of Employees


  • BancFirst Corporation
  • 100 North Broadway Avenue
  • Oklahoma City
  • Oklahoma
  • 73102
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Annual Earnings2021/12/31

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.