BancFirst (NASDAQ:BANF) EVP Kevin Lawrence sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $56.30, for a total transaction of $112,600.00. Following the sale, the executive vice president now directly owns 2,000 shares in the company, valued at $112,600. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
BancFirst stock opened at $53.40 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.02. BancFirst has a 12-month low of $43.13 and a 12-month high of $61.05. The firm has a market cap of $1,758.90, a P/E ratio of 19.63, a P/E/G ratio of 1.60 and a beta of 0.70.
BancFirst (NASDAQ:BANF) last released its quarterly earnings data on Friday, January 19th. The bank reported $0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.04). BancFirst had a return on equity of 11.72% and a net margin of 23.61%. The business had revenue of $91.53 million for the quarter, compared to analyst estimates of $86.53 million. equities research analysts expect that BancFirst will post 3.38 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Friday, March 30th will be paid a $0.21 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.84 annualized dividend and a dividend yield of 1.57%. BancFirst’s payout ratio is 30.88%.
Several hedge funds and other institutional investors have recently bought and sold shares of BANF. SG Americas Securities LLC bought a new stake in shares of BancFirst in the 3rd quarter worth $134,000. Ameritas Investment Partners Inc. grew its stake in shares of BancFirst by 100.0% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 2,602 shares of the bank’s stock worth $138,000 after acquiring an additional 1,301 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in shares of BancFirst by 100.0% in the 3rd quarter. Great West Life Assurance Co. Can now owns 2,630 shares of the bank’s stock worth $149,000 after acquiring an additional 1,315 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of BancFirst in the 3rd quarter worth $201,000. Finally, Victory Capital Management Inc. grew its stake in shares of BancFirst by 95.3% in the 3rd quarter. Victory Capital Management Inc. now owns 4,081 shares of the bank’s stock worth $232,000 after acquiring an additional 1,991 shares in the last quarter. Hedge funds and other institutional investors own 33.15% of the company’s stock.
A number of research firms have weighed in on BANF. BidaskClub raised shares of BancFirst from a “hold” rating to a “buy” rating in a report on Friday. ValuEngine downgraded shares of BancFirst from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research downgraded shares of BancFirst from a “buy” rating to a “hold” rating in a research report on Wednesday, March 21st.
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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. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services.
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