What is DA Davidson’s Estimate for BancFirst Q1 Earnings?

BancFirst Co. (NASDAQ:BANF) – DA Davidson issued their Q1 2025 earnings estimates for BancFirst in a research note issued on Tuesday, January 28th. DA Davidson analyst G. Tenner expects that the bank will earn $1.60 per share for the quarter. DA Davidson has a “Neutral” rating and a $110.00 price target on the stock. The consensus estimate for BancFirst’s current full-year earnings is $6.37 per share.

BancFirst (NASDAQ:BANF) last issued its quarterly earnings results on Thursday, January 23rd. The bank reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.07. BancFirst had a net margin of 23.52% and a return on equity of 13.92%.

BANF has been the subject of a number of other research reports. StockNews.com cut BancFirst from a “hold” rating to a “sell” rating in a report on Friday, January 24th. Keefe, Bruyette & Woods boosted their target price on BancFirst from $117.00 to $135.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

BancFirst Stock Down 1.0 %

NASDAQ BANF opened at $118.15 on Wednesday. The business has a fifty day moving average price of $121.33 and a two-hundred day moving average price of $112.11. The stock has a market capitalization of $3.91 billion, a PE ratio of 19.00 and a beta of 1.06. BancFirst has a fifty-two week low of $81.21 and a fifty-two week high of $132.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

BancFirst Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.56%. The ex-dividend date was Tuesday, December 31st. BancFirst’s dividend payout ratio (DPR) is 29.58%.

Insider Buying and Selling

In other BancFirst news, EVP Dennis L. Brand sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $126.50, for a total value of $506,000.00. Following the completion of the transaction, the executive vice president now directly owns 33,000 shares in the company, valued at approximately $4,174,500. This represents a 10.81 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dennis Jay Hannah sold 10,543 shares of BancFirst stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $126.58, for a total transaction of $1,334,532.94. Following the transaction, the executive vice president now owns 1,564 shares in the company, valued at approximately $197,971.12. This trade represents a 87.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 94,448 shares of company stock worth $11,626,527 in the last 90 days. Insiders own 33.89% of the company’s stock.

Hedge Funds Weigh In On BancFirst

Hedge funds have recently made changes to their positions in the stock. Tectonic Advisors LLC boosted its holdings in BancFirst by 11.3% in the fourth quarter. Tectonic Advisors LLC now owns 11,383 shares of the bank’s stock valued at $1,334,000 after acquiring an additional 1,157 shares during the last quarter. Hodges Capital Management Inc. lifted its position in shares of BancFirst by 81.6% in the 4th quarter. Hodges Capital Management Inc. now owns 73,000 shares of the bank’s stock worth $8,554,000 after purchasing an additional 32,800 shares during the period. KBC Group NV boosted its stake in shares of BancFirst by 85.6% in the 4th quarter. KBC Group NV now owns 1,162 shares of the bank’s stock valued at $136,000 after purchasing an additional 536 shares during the last quarter. Liberty One Investment Management LLC acquired a new stake in shares of BancFirst during the fourth quarter worth $660,000. Finally, Ameritas Advisory Services LLC raised its stake in BancFirst by 110.0% during the fourth quarter. Ameritas Advisory Services LLC now owns 5,020 shares of the bank’s stock worth $588,000 after buying an additional 2,630 shares during the last quarter. 51.72% of the stock is currently owned by institutional investors.

BancFirst Company Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.