BancFirst Corporation's Financial Performance and Capital Efficiency Compared to Peers

Core Insights - BancFirst Corporation (NASDAQ:BANF) is a financial services company based in Oklahoma City, offering a range of banking services and competing with regional banks [1] - The company's Return on Invested Capital (ROIC) is 11.75%, slightly below its Weighted Average Cost of Capital (WACC) of 12.00%, indicating a need for improvement in capital efficiency [2][5] Comparative Analysis - Community Trust Bancorp, Inc. (CTBI) has a ROIC of 8.01% and a WACC of 12.54%, resulting in a ROIC to WACC ratio of 0.638, indicating lower efficiency compared to BancFirst [3] - City Holding Company (CHCO) demonstrates superior efficiency with a ROIC of 35.96% and a WACC of 7.94%, achieving the highest ROIC to WACC ratio of 4.52 among peers [3][5] - Westamerica Bancorporation (WABC) shows strong performance with a ROIC of 12.40% and a WACC of 6.86%, resulting in a ROIC to WACC ratio of 1.80, indicating effective capital utilization [4][5] - BOK Financial Corporation (BOKF) and Arrow Financial Corporation (AROW) exhibit less favorable results, with ROIC to WACC ratios of 0.300 and -0.041, respectively, suggesting inefficiencies in their capital utilization [4]