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

BancFirst Co. (NASDAQ:BANF) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of BancFirst in a research note issued to investors 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.

A number of other research analysts have also issued reports on the stock. Keefe, Bruyette & Woods boosted their price target on shares of BancFirst from $117.00 to $135.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. StockNews.com downgraded BancFirst from a “hold” rating to a “sell” rating in a research note on Friday, January 24th.

BancFirst Stock Performance

NASDAQ:BANF opened at $119.35 on Wednesday. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 19.19 and a beta of 1.06. 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 has a 1-year low of $81.21 and a 1-year high of $132.29. The firm’s fifty day moving average price is $121.39 and its 200 day moving average price is $112.07.

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

Hedge Funds Weigh In On BancFirst

Several hedge funds have recently bought and sold shares of BANF. Hsbc Holdings PLC raised its stake in BancFirst by 16.0% in the 2nd quarter. Hsbc Holdings PLC now owns 2,836 shares of the bank’s stock valued at $249,000 after purchasing an additional 392 shares during the last quarter. Marshall Wace LLP acquired a new position in BancFirst in the 2nd quarter valued at $356,000. Cubist Systematic Strategies LLC acquired a new position in BancFirst in the 2nd quarter valued at $935,000. AQR Capital Management LLC purchased a new position in shares of BancFirst during the 2nd quarter worth $220,000. Finally, Millennium Management LLC lifted its stake in shares of BancFirst by 499.6% during the 2nd quarter. Millennium Management LLC now owns 57,614 shares of the bank’s stock worth $5,053,000 after purchasing an additional 48,006 shares during the period. Hedge funds and other institutional investors own 51.72% of the company’s stock.

Insider Buying and Selling at BancFirst

In other news, Director William Scott Martin sold 15,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $117.00, for a total value of $1,755,000.00. Following the sale, the director now directly owns 291,904 shares in the company, valued at $34,152,768. This represents a 4.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dennis L. Brand sold 4,000 shares of BancFirst stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $126.50, for a total value of $506,000.00. Following the transaction, the executive vice president now owns 33,000 shares of the company’s stock, valued at $4,174,500. This represents a 10.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,448 shares of company stock valued at $11,036,677. Insiders own 33.89% of the company’s stock.

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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.84 annualized dividend and a yield of 1.54%. BancFirst’s dividend payout ratio is presently 29.58%.

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.