UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-14384 BancFirst Corporation (Exact name of registrant as specified in charter) Oklahoma 73-1221379 (State or other Jurisdiction of (I.R.S. Emp ...

BancFirst (BANF) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this Oklahoma financial services holding company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Oklahoma City, OK 73102 100 N. Broadway Ave Thursday, July 17, 2025 www.bancfirst.bank BANCFIRST CORPORATION REPORTS SECOND QUARTER EARNINGS BancFirst Corporation (NASDAQ GS:BANF) reported net income of $62.3 million, or $1.85 per diluted share, for the second quarter of 2025 compared to net income of $50.6 million, or $1.51 per diluted share, for the second quarter of 2024. The Company's net interest income for the three-months ended June 30, 2025 increased to $121.3 mill ...

The market expects BancFirst (BANF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the ...

BancFirst (BANF) FY 2025 Annual General Meeting May 22, 2025 10:30 AM ET Speaker0 Good morning. We are called to order and welcome to the BankFirst Corporation shareholders meeting. My introductory comments will be very brief. We all look back at the unwinding of the pandemic stimulus. And while the stimulus run up was a challenge in its own way, quantitative tightening is probably even more of a challenge to the banking industry. I'm proud to say BankFirst Corporation navigated both sets of challenges very ...

After reaching an important support level, BancFirst Corporation (BANF) could be a good stock pick from a technical perspective. BANF recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common mo ...

David Harlow, CEO of BancFirst Corporation, commented: "Collinsville and Skiatook are thriving communities that continue to experience dynamic growth in Northeastern Oklahoma. We are excited to welcome the American Bank of Oklahoma team and their customers to BancFirst. This acquisition aligns with our continued commitment to serving communities here in our home state." Teresa Brown, President & CEO of American Bank of Oklahoma, added: OKLAHOMA CITY, May 21, 2025 /PRNewswire/ -- BancFirst Corporation (NASDA ...

Financial Performance - Net income for the three months ended March 31, 2025, was $56,112 thousand, compared to $50,334 thousand for the same period in 2024, reflecting an increase of 11.2%[15] - Basic net income per common share increased to $1.69 for Q1 2025, up from $1.53 in Q1 2024, representing a growth of 10.5%[15] - The company reported a significant increase in net income, reaching $41 million, representing a growth of 15% year-over-year[178] - The net income available to common stockholders for the three months ended March 31, 2025, was $56,112,000, compared to $50,334,000 for the same period in 2024, reflecting a year-over-year increase of 11.1%[74] Asset Growth - Total assets increased to $14,038,055 thousand as of March 31, 2025, up from $13,554,314 thousand at December 31, 2024, representing a growth of 3.56%[13] - Total deposits reached $12,126,750 thousand as of March 31, 2025, an increase of 3.5% from $11,718,546 thousand at December 31, 2024[13] - Cash and cash equivalents carrying amount increased to $3,974,172,000 as of March 31, 2025, from $3,553,772,000 at December 31, 2024[99] - Loans held for investment net of allowance for credit losses increased to $8,792,307,000 as of March 31, 2025, compared to $7,925,613,000 at December 31, 2024[99] Income and Revenue - Net interest income after provision for credit losses rose to $114,363 thousand, up from $102,089 thousand year-over-year, marking a growth of 12.0%[15] - Noninterest income for the first quarter of 2025 was $48,894 thousand, up from $44,900 thousand in the same quarter of 2024, indicating an increase of 8.9%[15] - Noninterest income for the quarter totaled $49.0 million, an increase from $44.9 million in the previous year, with growth in trust revenue, treasury income, sweep fees, and insurance commissions[114] Credit Quality - The provision for credit losses on loans decreased to $1,586 thousand in Q1 2025 from $4,015 thousand in Q1 2024, a reduction of 60.5%[15] - Nonaccrual loans totaled approximately $56,371,000 as of March 31, 2025, down from $57,984,000 on December 31, 2024[46] - Total past due loans amounted to $81,348,000 as of March 31, 2025, compared to $96,691,000 on December 31, 2024[47] - The allowance for credit losses to total loans remained unchanged at 1.24% as of March 31, 2025[117] Loan Portfolio - As of March 31, 2025, total loans held for investment amounted to $8,094.5 million, an increase from $8,025.1 million at December 31, 2024, reflecting a growth of approximately 0.86%[36] - Total loans held for investment reached $8,094,527 thousand, with a significant increase from $1,280,833 thousand in the previous year[50] - The total commercial real estate owner-occupied loans amounted to $938,368 thousand, showing a decrease from $1,049,066 thousand in the prior year[50] Expenses - Noninterest expense increased to $92.2 million in Q1 2025 from $82.8 million in Q1 2024, including a $4.4 million expense related to the Volcker Rule[115] - Operating expenses were managed effectively, showing a decrease of 3% compared to the previous quarter[178] Capital and Equity - Total stockholders' equity rose to $1,672,827 thousand as of March 31, 2025, compared to $1,621,187 thousand at December 31, 2024, an increase of 3.2%[13] - The total capital amount for BancFirst Corporation was $1,687,961,000 as of March 31, 2025[72] - BancFirst Corporation, BancFirst, Pegasus, and Worthington were classified as "well capitalized" under the prompt corrective action provisions as of March 31, 2025[73] Market and Strategic Initiatives - The company is investing $2 million in technology development to enhance digital banking services[178] - Market expansion efforts include entering two new states, aiming for a 5% increase in market share[178] - The company is exploring potential acquisitions to diversify its service offerings, with a budget of $10 million allocated for this purpose[178] Stock and Compensation - The Company reported stock-based compensation expense of $790,000 for the three months ended March 31, 2025, compared to $715,000 for the same period in 2024[69] - The outstanding stock options as of March 31, 2025, totaled 921,921, with an average exercise price of $58.74[67]

Core Insights - The article emphasizes the importance of efficiency ratios in evaluating a company's potential for profitability and stock performance [1] Efficiency Ratios - **Receivables Turnover**: This ratio measures a company's ability to extend credit and collect debts, with a high ratio indicating effective collection practices and quality customers [2] - **Asset Utilization**: This ratio assesses how well a company converts its assets into sales, with higher values suggesting greater efficiency [3] - **Inventory Turnover**: This ratio indicates a company's ability to manage inventory relative to its cost of goods sold, where a high value reflects efficient inventory management [4] - **Operating Margin**: This ratio measures the efficiency of a company in controlling operating expenses, with higher values indicating better expense management compared to peers [5] Screening Criteria - The screening process identified stocks with efficiency ratios above industry averages, narrowing down from over 7,906 stocks to eight candidates [7] - A favorable Zacks Rank of 1 (Strong Buy) was also included in the screening criteria to enhance profitability [6] Selected Stocks - **Quad Graphics (QUAD)**: Specializes in print and multichannel solutions, with an average four-quarter earnings surprise of 71.8% [7] - **ONESPAN (OSPN)**: Develops security software and e-signature solutions, achieving an average four-quarter earnings surprise of 38.6% [8] - **ChampionX (CHX)**: Provides chemistry solutions and technologies for oil and gas production, with an average four-quarter earnings surprise of 9% [9] - **BancFirst (BANF)**: A bank holding company offering commercial banking services, with an average four-quarter earnings surprise of 7% [10]

Core Viewpoint - BancFirst (BANF) is positioned as a strong investment opportunity due to significant revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock price growth [1][2]. Earnings Estimate Revisions - Analysts have shown increasing optimism regarding BancFirst's earnings prospects, leading to higher earnings estimates that are expected to positively impact the stock price [2]. - The current-quarter earnings estimate is $1.66 per share, reflecting a year-over-year increase of +9.93%. The Zacks Consensus Estimate has risen by 10.67% over the past 30 days due to one upward revision and no negative revisions [5]. - For the full year, the earnings estimate stands at $6.76 per share, representing a +4.97% change from the previous year. The consensus estimate has increased by 7.3% following two upward revisions and no negative revisions in the last month [6][7]. Zacks Rank and Performance - BancFirst currently holds a Zacks Rank 1 (Strong Buy), which is based on favorable estimate revisions. This ranking is associated with a strong historical performance, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3][8]. - The Zacks Rank system has demonstrated that stocks rated 1 (Strong Buy) and 2 (Buy) tend to significantly outperform the S&P 500 [8]. Recent Stock Performance - BancFirst shares have appreciated by 6.2% over the past four weeks, indicating investor confidence in the company's earnings growth potential driven by the positive estimate revisions [9].