Logo

BANF

BancFirst Corporation

BANF

BancFirst Corporation • NASDAQ
$110.84 ▼ -0.69% (-0.77)
Market Cap $3.69 B
52w High $138.77
52w Low $97.02
Dividend Yield 1.96%
P/E 15.74
Volume 71.45K
Outstanding Shares 33.33M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $175.481M ▼ $92.072M ▲ $62.654M ▲ 35.704% ▲ $1.881 ▲ $78.971M ▼
Q2-2025 $236.475M ▲ $88.199M ▼ $62.347M ▲ 26.365% ▲ $1.87 ▲ $85.271M ▲
Q1-2025 $231.37M ▼ $92.179M ▼ $56.112M ▼ 24.252% ▲ $1.69 ▼ $76.772M ▼
Q4-2024 $233.4M ▼ $92.335M ▲ $56.476M ▼ 24.197% ▼ $1.7 ▼ $77.481M ▼
Q3-2024 $236.362M $86.734M $58.903M 24.921% $1.78 $79.272M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $4.411B ▲ $14.198B ▲ $12.415B ▲ $1.783B ▲
Q2-2025 $4.334B ▲ $14.046B ▲ $12.318B ▼ $1.728B ▲
Q1-2025 $4.31B ▲ $14.038B ▲ $12.365B ▲ $1.673B ▲
Q4-2024 $3.884B ▼ $13.554B ▲ $11.933B ▲ $1.621B ▲
Q3-2024 $4.368B $13.313B $11.729B $1.585B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $62.654M ▲ $75.422M ▼ $-73.457M ▼ $55.323M ▲ $57.288M ▲ $63.713M ▼
Q2-2025 $62.347M ▲ $78.123M ▲ $23.953M ▲ $-78.898M ▼ $23.178M ▼ $64.379M ▼
Q1-2025 $56.112M ▼ $76.951M ▲ $-50.367M ▼ $393.816M ▲ $420.4M ▼ $65.641M ▲
Q4-2024 $56.476M ▼ $17.132M ▼ $317.032M ▲ $227.535M ▼ $561.699M ▲ $1.988M ▼
Q3-2024 $58.903M $77.593M $-27.154M $448.342M $498.781M $72.358M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Deposit Account
Deposit Account
 $20.00M ▲$40.00M ▲$20.00M ▼$20.00M ▲
Fiduciary and Trust
Fiduciary and Trust
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Earnings have grown steadily over the past five years, with both revenue and profits rising almost every year. Profitability has not only held up but improved, suggesting good cost control and pricing discipline. Margins look healthy for a regional bank, indicating that the core lending and fee businesses are performing well. Overall, the income statement tells a story of consistent, measured growth rather than volatility.

Balance Sheet

Balance Sheet The balance sheet looks conservative and solid. Assets have expanded meaningfully as the bank has grown, while equity has steadily increased, pointing to a stronger capital base over time. Debt levels are very low relative to the size of the bank, which reduces financial risk. Cash and liquid resources are ample, giving the bank flexibility to manage funding needs and support future growth. In simple terms, it appears to be a prudently run balance sheet with a strong capital cushion.

Cash Flow

Cash Flow Cash generation from the core banking business has been consistently positive and gradually improving. After routine investments back into the business, there is still a healthy amount of cash left over, showing that growth is being funded comfortably from internal resources. Spending on physical and technology investments appears modest and controlled, without straining cash. The pattern suggests a business that throws off reliable cash and does not depend heavily on outside financing to fund its operations or expansion.

Competitive Edge

Competitive Edge BancFirst operates as a leading regional bank with a deep focus on Oklahoma, where it has strong brand recognition and a long history. Its “super community bank” structure, which gives meaningful decision-making power to local leaders, helps it build tight relationships with customers and adapt to local economic conditions. This supports a loyal, relatively stable deposit base and strong ties to key local industries like agriculture and energy, as well as government and public finance through its trust services. The main trade-offs are concentration in a single state and exposure to that region’s economic cycles, plus ongoing competition from larger national banks and digital-first players.

Innovation and R&D

Innovation and R&D The company is not a heavy spender on experimental technology, but it has invested steadily in practical digital tools like online and mobile banking, security infrastructure, and back-office systems. Its most distinctive “innovation” is organizational: the decentralized, community-focused model that empowers local bank presidents. That structure is hard for bigger, more centralized banks to copy and is central to its moat. Technology investments are aimed at supporting this model rather than reinventing it, and future innovation is likely to be incremental—better digital channels, smoother operations, and integration of acquired banks—rather than headline-grabbing fintech breakthroughs.

Summary

BancFirst presents as a disciplined, steady regional bank with a clear identity: a locally driven “super community bank” anchored in Oklahoma. Financial results show consistent growth in revenue, earnings, and cash flow, backed by a conservative balance sheet with strong capital and very modest debt. Its competitive edge comes from deep community roots, local decision-making, and specialized services for key state industries and public entities. The main risks to watch are geographic concentration, interest-rate and credit cycles, and execution on acquisitions, rather than balance-sheet fragility. Overall, the picture is of a cautious, relationship-driven bank focused on steady expansion rather than aggressive, high-risk growth or flashy innovation.

NEWS

October 17, 2025 · 8:00 AM UTC

BANCFIRST CORPORATION REPORTS THIRD QUARTER EARNINGS

Read more