BancFirst (BANF) Tops Q4 Earnings and Revenue Estimates

Group 1 - BancFirst reported quarterly earnings of $1.68 per share, exceeding the Zacks Consensus Estimate of$ 1.61 per share, and up from $1.46 per share a year ago, representing an earnings surprise of 4.35% [1] - The company posted revenues of$ 162.94 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.64%, and an increase from $150.22 million year-over-year [2] - BancFirst has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Group 2 - The stock has gained about 3% since the beginning of the year, compared to the S&P 500's gain of 3.5%, suggesting a slight underperformance relative to the market [3] - The current consensus EPS estimate for the upcoming quarter is$ 1.52 on revenues of $159.5 million, and for the current fiscal year, it is$ 6.15 on revenues of $644.5 million [7] - The Zacks Industry Rank for Banks - Southwest is in the top 6% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Group 3 - The estimate revisions trend for BancFirst is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another company in the same industry, Cullen/Frost Bankers, is expected to report quarterly earnings of$ 2.17 per share, reflecting a year-over-year change of -0.5% [9]