BancFirst (BANF) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.46%. A quarter ago, it was expected that this Oklahoma financial services holding company would post earnings of $1.42 per share when it actually produced earnings of $1.51, delivering a surprise of 6.34%.Over the las ...

Exhibit 99.1 100 N. Broadway Ave FOR IMMEDIATE RELEASE Oklahoma City, OK 73102 Thursday, October 17, 2024 www.bancfirst.bank BANCFIRST CORPORATION REPORTS THIRD QUARTER EARNINGS BancFirst Corporation (NASDAQ GS:BANF) reported net income of $58.9 million, or $1.75 per diluted share, for the third quarter of 2024 compared to net income of $51.0 million, or $1.52 per diluted share, for the third quarter of 2023. The Company's net interest income for the third quarter of 2024 increased to $115.0 million from $1 ...

OKLAHOMA CITY, Oct. 17, 2024 /PRNewswire/ -- BancFirst Corporation (NASDAQ GS:BANF) reported net income of $58.9 million, or $1.75 per diluted share, for the third quarter of 2024 compared to net income of $51.0 million, or $1.52 per diluted share, for the third quarter of 2023.The Company's net interest income for the third quarter of 2024 increased to $115.0 million from $104.3 million for the same period in 2023. Loan volume was the primary driver of the change in net interest income, but was partially o ...

Core Viewpoint - BancFirst (BANF) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations and positive analyst sentiment [1][2]. Earnings Performance - BancFirst has consistently beaten earnings estimates, with an average surprise of 7.91% over the last two quarters [1]. - In the last reported quarter, BancFirst achieved earnings of $1.51 per share, surpassing the Zacks Consensus Estimate of $1.42 per share by 6.34% [1]. - For the previous quarter, the company reported earnings of $1.50 per share against an expected $1.37 per share, resulting in a surprise of 9.49% [1]. Analyst Estimates - Recent estimates for BancFirst have been trending upward, indicating positive sentiment among analysts [2]. - The Zacks Earnings ESP for BancFirst is currently +0.32%, suggesting that analysts are optimistic about the company's earnings prospects [3]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data indicating that nearly 70% of stocks with this combination exceed consensus estimates [2][3]. Importance of Earnings ESP - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3]. - A positive Earnings ESP indicates bullish sentiment, while a negative value does not necessarily predict an earnings miss [3]. - Monitoring the Earnings ESP is crucial for increasing the chances of successful investment decisions prior to earnings releases [4].

Wall Street expects a year-over-year increase in earnings on higher revenues when BancFirst (BANF) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 stock may ...

Welcome back for another edition of upcoming dividend increases. Next week also closes out the third quarter of 2024. I have a strong list for your consideration this week. Not only do we have thirteen increases, but two are Dividend Kings! Illinois ToolDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

BancFirst (BANF) shares ended the last trading session 4% higher at $105.29. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% gain over the past four weeks.Prospects of the first interest rate cut by the Federal Reserve since March 2020 are turning investors bullish on bank stocks. As the rates will come down, loan demand is expected to improve. Thus, these factors drove the BANF stock higher.This Oklahoma fina ...

Walter Bibikow I didn't see much value in BancFirst (NASDAQ:BANF) when I opened on this Oklahoma-based bank last year. To quickly recap, BancFirst has a nice deposit base and earns above-average returns on tangible equity ("ROTE"), but ultimately the stock was trading for 2.4x tangible book value, and that looked rich given the numerous headwinds it was facing. As it happens, these shares have actually done quite well since then, lifted by the broader rally in regional bank stocks. While the bank has un ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 21:The First of Long Island Corporation (FLIC) : This holding company for The First National Bank of Long Island has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% the last 60 days.This Zacks Rank #1 company has a dividend yield of 6.8%, compared with the industry average of 2.8%.StepStone Group Inc. (STEP) : This private equity and venture capital company has w ...