Compared to Estimates, BancFirst (BANF) Q2 Earnings: A Look at Key Metrics

Core Insights - BancFirst (BANF) reported revenue of $153.84 million for Q2 2024, showing a year-over-year decline of 0% and an EPS of $1.51 compared to $1.64 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate by +2.73%, while the EPS surprised by +6.34% over the consensus estimate of $1.42 [1] Financial Metrics - Net Interest Margin was reported at 3.8%, surpassing the average estimate of 3.7% from two analysts [2] - The Efficiency Ratio stood at 55.5%, better than the average estimate of 56% [2] - Total Noninterest Income reached $43.94 million, exceeding the average estimate of $43.02 million [2] - Net Interest Income was reported at $109.90 million, above the average estimate of $106.81 million [2] Stock Performance - BancFirst shares have returned +19% over the past month, significantly outperforming the Zacks S&P 500 composite's +2.1% change [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [2]