BANF

BancFirst stock added 2.4% in Friday trading, edging up to US$112.36 as investors reacted to fresh Q3 2026 numbers. The move looks modest on the screen, yet the story behind it runs deeper than a single green day. The headline is earnings power. Basic earnings per share landed around US$2.00 and net interest margin held at 3.85%, which is healthy territory for a regional bank. The bigger tension sits in valuation. The shares trade on a P/E above industry peers, while a discounted cash flow model still points to a large gap between price and estimated worth. Like BancFirst's earnings power but uneasy about paying a premium P/E for that strength? Shortlist banks and financials that pair solid profitability with more grounded pricing in our 29 high quality undervalued stocks. - Total Revenue (Q3 2026 vs. Q3 2025): US$184.3m vs. US$171.0m (up about 7.8%) - Net Income, excl. extra items (Q3 2026 vs. Q3 2025): US$67.3m vs. US$62.7m (up about 7.3%) - Basic EPS (Q3 2026 vs. Q3 2025): US$2.00 vs. US$1.88 (up about 6.4%) - Net Interest Margin, NIM (Q3 2026 vs. Q3 2025): 3.85% vs. 3.79% (slight improvement) Earnings keep climbing even as BancFirst trades below one value estimate. Ask Charlie what BancFirst's valuation gap really depends on. The upbeat view on BancFirst leans heavily on Tulsa scale turning into real operating muscle. "Continued consolidation in the Tulsa market through the completed American Bank of Oklahoma integration and the planned Spirit BankCorp acquisition increases BancFirst's branch footprint, loans and deposits in a key metropolitan area. This can support higher revenue and earnings if those assets are deployed efficiently." Q3 delivered higher revenue and net income with net interest margin at 3.85% and expenses contained. That points to early proof that added earning assets are being put to work without an obvious hit to profitability, a key milestone as Spirit Bank approaches closing. The cautionary view questions whether BancFirst can keep justifying a premium if growth and cost control soften. "Recent commentary that BancFirst's long term revenue growth is described as mediocre, combined with expectations for a worsening efficiency ratio, suggests that revenue growth and cost control may not be strong enough to support higher earnings, which would pressure net margins and earnings." Q3 results show revenue and net income up year on year and net interest margin steady at 3.85%, with expenses described as contained. Those markers do not yet show the feared efficiency slippage, although the slightly weaker 90 day share return hints that investors are still cautious on the durability of this trend. One Narrative has put a figure on that disagreement. → See the Narrative with its higher Fair Value, assumptions and all. BancFirst just showed how a solid quarter and a firm share price can still leave investors debating valuation. The real opportunity could be spotting stocks that look misaligned before expectations catch up. - Company 1 - 38% below our estimate - uses a single connection to plug major online platforms into local pay-in and pay-out options. - Company 2 - 36% below our estimate - turns a fast growing super app into a way to cross sell payments, lending, insurance and shopping. - Company 3 - 43% below our estimate - ships tracker and control hardware that become the default choice for utility scale solar developers. Three companies from the same screener. Open every one of the 29 undervalued companies on it → This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BANF. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Texas Capital (TCBI) came out with quarterly earnings of $2.35 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $2.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +21.13%. A quarter ago, it was expected that this holding company for Texas Capital Bank would post earnings of $1.85 per share when it actually produced earnings of $1.88, delivering a surprise of +1.62%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Texas Capital, which belongs to the Zacks Banks - Southwest industry, posted revenues of $356.63 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 5.36%. This compares to year-ago revenues of $340.35 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Texas Capital shares have added about 0.6% since the beginning of the year versus the S&P 500's gain of 12.7%. While Texas Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Texas Capital was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.99 on $340.49 million in revenues for the coming quarter and $7.40 on $1.34 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, BancFirst (BANF), is yet to report results for the quarter ended September 2026. This Oklahoma financial services holding company is expected to post quarterly earnings of $1.93 per share in its upcoming report, which represents a year-over-year change of +4.3%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level. BancFirst's revenues are expected to be $187.1 million, up 6.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Capital Bancshares, Inc. (TCBI) : Free Stock Analysis Report BancFirst Corporation (BANF) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

OKLAHOMA CITY, Oct. 21, 2026 /PRNewswire/ -- BancFirst Corporation (NASDAQ GS: BANF) reported net income of $67.3 million, or $1.97 per diluted share, for the third quarter of 2026 compared to net income of $62.7 million, or $1.85 per diluted share, for the third quarter of 2025. The Company's net interest income for the three-months ending September 30, 2026 increased to $136.0 million from $125.6 million for the same period in 2025. Higher loan volume and general growth in earning assets were the primary drivers of the change in net interest income. Net interest margin was 3.85% for the third quarter of 2026 compared to 3.79% for the third quarter of 2025. The Company recorded a provision for credit losses of $3.1 million and $4.4 million for the quarters ended September 30, 2026 and 2025, respectively. Noninterest income for the quarter totaled $51.4 million compared to $49.9 million for the same quarter last year. Service charges on deposits and treasury income each increased when compared to third quarter of 2025. Noninterest expense grew to $98.2 million for the quarter ended September 30, 2026 compared to $92.1 million in the same quarter in 2025. The increase in noninterest expense was primarily attributable to the growth in salaries and employee benefits of $4.1 million. At September 30, 2026, the Company's total assets were $15.0 billion, an increase of $182.3 million from December 31, 2025. Loans grew $187.9 million from December 31, 2025, totaling $8.7 billion at September 30, 2026. Deposits totaled $12.7 billion, an increase of $29.3 million from year-end 2025. Sweep accounts totaled $4.7 billion at the end of the third quarter, down $282.5 million from December 31, 2025. The Company's stockholders' equity stood at $2.0 billion, an increase of $142.9 million from the end of 2025. Nonaccrual loans represented 0.87% of total loans at September 30, 2026, up from 0.72% at year-end 2025. Nonaccrual loans totaled $75.6 million at the end of the third quarter 2026; one commercial loan was the primary driver of the nonaccrual loans balance. The allowance for credit losses to total loans was 1.23% at September 30, 2026 and 1.22% at December 31, 2025. Net charge-offs totaled $4.0 million for the quarter compared to $1.7 million for the third quarter last year. Of the $4.0 million net charge-offs for the quarter, $1.8 million was related to purchased credit deteriorated loans. At acquisition, the Company identified these loans as credit deteriorated and recorded reserves for expected credit losses. These loans performed in line with expectations subsequent to acquisition. BancFirst Corporation CEO David Harlow commented, "Earnings for the quarter were strong, driven by growth in earning assets, a sustained margin, year-over-year growth in non-interest income combined with expenses in line with plan. Capital levels remain strong and the allowance for credit losses is ample – both at levels necessary to support the Company through future economic cycles. Asset quality metrics are stable and charge-offs remain in line with historical levels. While business development pipelines are encouraging, we expect higher interest rates and a higher-for-longer rate outlook to have a dampening effect on future economic activity. Our previously announced acquisition of Tulsa-based Spirit Bank is on schedule to close in October." BancFirst Corporation (the Company) is an Oklahoma based financial services holding company. The Company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank with 108 banking locations serving 62 communities across Oklahoma, Pegasus Bank, a Texas state-chartered bank with three banking locations in the Dallas Metroplex area, and Worthington Bank, a Texas state-chartered bank with three locations in the Fort Worth Metroplex area, one location in Arlington, Texas and one location in Denton, Texas. More information can be found at www.bancfirst.bank. The Company may make forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings, credit quality, corporate objectives, interest rates and other financial and business matters. Forward-looking statements include estimates and give management's current expectations or forecasts of future events. The Company cautions readers that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, including economic conditions, the performance of financial markets and interest rates; legislative and regulatory actions and reforms; competition; as well as other factors, all of which change over time. Actual results may differ materially from forward-looking statements. BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) | | | | | | | | | | | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 | | 3rd Qtr | | 2nd Qtr | | 1st Qtr | | 4th Qtr | | 3rd Qtr Condensed Income Statements: | | | | | | | | | | Net interest income | | $ 135,999 | | $ 133,536 | | $ 127,605 | | $ 127,667 | | $ 125,615 Provision for credit losses on loans | | 3,203 | | 4,831 | | 2,578 | | (1,975) | | 4,222 Provision for/(benefit from) off-balance sheet credit exposures | | (110) | | 48 | | (435) | | 234 | | 216 Noninterest income: | | | | | | | | | | Trust revenue | | 5,874 | | 6,078 | | 6,057 | | 5,933 | | 5,850 Service charges on deposits | | 19,308 | | 19,090 | | 18,042 | | 18,393 | | 18,131 Securities transactions | | 103 | | 725 | | 904 | | 964 | | 492 Sales of loans | | 800 | | 913 | | 780 | | 781 | | 916 Insurance commissions | | 8,680 | | 7,481 | | 9,440 | | 7,643 | | 8,954 Cash management | | 10,933 | | 10,922 | | 10,566 | | 10,120 | | 10,338 Other | | 5,688 | | 8,740 | | 5,602 | | 9,499 | | 5,185 Total noninterest income | | 51,386 | | 53,949 | | 51,391 | | 53,333 | | 49,866 | | | | | | | | | | Noninterest expense: | | | | | | | | | | Salaries and employee benefits | | 61,829 | | 60,306 | | 58,855 | | 58,570 | | 57,681 Occupancy expense, net | | 6,672 | | 6,320 | | 6,286 | | 6,946 | | 6,434 Depreciation | | 5,101 | | 4,988 | | 4,816 | | 4,872 | | 4,725 Amortization of intangible assets | | 975 | | 974 | | 975 | | 836 | | 862 Data processing services | | 3,043 | | 2,990 | | 3,448 | | 3,041 | | 2,901 Net expense from other real estate owned | | 2,420 | | 4,567 | | 3,605 | | 12,044 | | 2,778 Marketing and business promotion | | 2,311 | | 2,077 | | 2,641 | | 3,121 | | 2,126 Deposit insurance | | 1,775 | | 1,642 | | 1,847 | | 1,692 | | 1,736 Other | | 14,083 | | 13,667 | | 14,316 | | 16,268 | | 12,829 Total noninterest expense | | 98,209 | | 97,531 | | 96,789 | | 107,390 | | 92,072 Income before income taxes | | 86,083 | | 85,075 | | 80,064 | | 75,351 | | 78,971 Income tax expense | | 18,829 | | 18,388 | | 17,069 | | 15,854 | | 16,317 Net income | | $ 67,254 | | $ 66,687 | | $ 62,995 | | $ 59,497 | | $ 62,654 Per Common Share Data: | | | | | | | | | | Net income-basic | | $ 2.00 | | $ 1.98 | | $ 1.88 | | $ 1.78 | | $ 1.88 Net income-diluted | | 1.97 | | 1.96 | | 1.85 | | 1.75 | | 1.85 Cash dividends declared | | 0.52 | | 0.49 | | 0.49 | | 0.49 | | 0.49 Common shares outstanding | | 33,619,174 | | 33,598,745 | | 33,575,976 | | 33,539,032 | | 33,329,247 Average common shares outstanding - | | | | | | | | | | Basic | | 33,610,010 | | 33,586,922 | | 33,557,536 | | 33,423,922 | | 33,310,290 Diluted | | 34,086,332 | | 34,057,507 | | 34,027,895 | | 33,906,434 | | 33,864,129 Performance Ratios: | | | | | | | | | | Return on average assets | | 1.76 % | | 1.77 % | | 1.71 % | | 1.60 % | | 1.76 % Return on average stockholders' equity | | 13.42 | | 13.84 | | 13.59 | | 13.02 | | 14.18 Net interest margin | | 3.85 | | 3.84 | | 3.74 | | 3.71 | | 3.79 Efficiency ratio | | 52.41 | | 52.02 | | 54.07 | | 59.33 | | 52.47 BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) | | | | | | | | | | | | 2026 | | 2026 | | 2026 | | 2025 | | 2025 | | 3rd Qtr | | 2nd Qtr | | 1st Qtr | | 4th Qtr | | 3rd Qtr Balance Sheet Data: | | | | | | | | | | | | | | | | | | | | Total assets | | $ 15,021,230 | | $ 15,082,243 | | $ 15,116,541 | | $ 14,838,893 | | $ 14,198,140 Interest-bearing deposits with banks | | 4,010,740 | | 4,164,678 | | 4,430,751 | | 4,177,406 | | 3,849,736 Debt securities | | 1,100,934 | | 1,113,240 | | 886,519 | | 924,948 | | 1,015,941 Total loans | | 8,732,546 | | 8,655,260 | | 8,596,068 | | 8,544,634 | | 8,287,167 Allowance for credit losses | | (107,048) | | (107,810) | | (105,330) | | (104,299) | | (99,511) Noninterest-bearing demand deposits | | 4,049,891 | | 4,162,306 | | 4,105,840 | | 3,897,613 | | 3,816,389 Money market and interest-bearing checking deposits | | 5,400,606 | | 5,442,757 | | 5,605,932 | | 5,610,882 | | 5,393,791 Savings deposits | | 1,450,321 | | 1,428,690 | | 1,391,142 | | 1,318,062 | | 1,251,394 Time deposits | | 1,798,892 | | 1,792,537 | | 1,798,187 | | 1,843,836 | | 1,656,813 Total deposits | | 12,699,710 | | 12,826,290 | | 12,901,101 | | 12,670,393 | | 12,118,387 Stockholders' equity | | 1,997,061 | | 1,957,097 | | 1,901,912 | | 1,854,125 | | 1,782,801 Book value per common share | | 59.40 | | 58.25 | | 56.65 | | 55.28 | | 53.49 Tangible book value per common share (non-GAAP)(1) | | 53.40 | | 52.21 | | 50.58 | | 49.20 | | 47.71 Balance Sheet Ratios: | | | | | | | | | | Average loans to deposits | | 67.49 % | | 67.02 % | | 67.02 % | | 66.43 % | | 67.32 % Average earning assets to total assets | | 92.66 | | 92.45 | | 92.84 | | 93.00 | | 93.00 Average stockholders' equity to average assets | | 13.14 | | 12.79 | | 12.60 | | 12.33 | | 12.38 Asset Quality Data: | | | | | | | | | | Past due loans | | $ 6,028 | | $ 7,077 | | $ 8,364 | | $ 8,115 | | $ 7,959 Nonaccrual loans (3) | | 75,620 | | 81,420 | | 62,178 | | 61,130 | | 57,266 Other real estate owned and repossessed assets | | 60,299 | | 61,703 | | 53,649 | | 49,134 | | 53,233 Nonaccrual loans to total loans | | 0.87 % | | 0.94 % | | 0.72 % | | 0.72 % | | 0.69 % Allowance to total loans | | 1.23 | | 1.25 | | 1.23 | | 1.22 | | 1.20 Allowance to nonaccrual loans | | 141.56 | | 132.41 | | 169.40 | | 170.62 | | 173.77 Net charge-offs to average loans | | 0.04 | | 0.03 | | 0.02 | | 0.02 | | 0.02 | | | | | | | | | | Reconciliation of Tangible Book Value Per Common Share (non-GAAP)(2): | | | | | | | | | | | | | | | Stockholders' equity | | $ 1,997,061 | | $ 1,957,097 | | $ 1,901,912 | | $ 1,854,125 | | $ 1,782,801 Less goodwill | | 183,388 | | 183,388 | | 183,388 | | 182,739 | | 182,263 Less intangible assets, net | | 18,433 | | 19,408 | | 20,382 | | 21,357 | | 10,548 Tangible stockholders' equity (non-GAAP) | | $ 1,795,240 | | $ 1,754,301 | | $ 1,698,142 | | $ 1,650,029 | | $ 1,589,990 Common shares outstanding | | 33,619,174 | | 33,598,745 | | 33,575,976 | | 33,539,032 | | 33,329,247 Tangible book value per common share (non-GAAP) | | $ 53.40 | | $ 52.21 | | $ 50.58 | | $ 49.20 | | $ 47.71 | | | | | | | | | | (1) Refer to the "Reconciliation of Tangible Book Value per Common Share (non-GAAP)" Table. (2) Tangible book value per common share is stockholders' equity less goodwill and intangible assets, net, divided by common shares outstanding. This amount is a non-GAAP financial measure but has been included as it is considered to be a critical metric with which to analyze and evaluate the financial condition and capital strength of the Company. This measure should not be considered a substitute for operating results determined in accordance with GAAP. (3) Government Agencies guarantee approximately $4.1 million of nonaccrual loans at September 30, 2026. BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) | | | | | | Nine months ended September 30, | | 2026 | | 2025 Condensed Income Statements: | | | | Net interest income | | $ 397,140 | | $ 362,820 Provision for credit losses on loans | | 10,612 | | 6,922 (Benefit from)/provision for off-balance sheet credit exposures | | (497) | | 489 Noninterest income: | | | | Trust revenue | | 18,009 | | 17,184 Service charges on deposits | | 56,440 | | 52,676 Securities transactions | | 1,732 | | (581) Sales of loans | | 2,493 | | 2,382 Insurance commissions | | 25,601 | | 27,284 Cash management | | 32,421 | | 30,962 Other | | 20,030 | | 16,901 Total noninterest income | | 156,726 | | 146,808 | | | | Noninterest expense: | | | | Salaries and employee benefits | | 180,990 | | 167,421 Occupancy expense, net | | 19,278 | | 18,224 Depreciation | | 14,905 | | 14,224 Amortization of intangible assets | | 2,924 | | 2,610 Data processing services | | 9,481 | | 8,778 Net expense from other real estate owned | | 10,592 | | 8,377 Marketing and business promotion | | 7,029 | | 6,912 Deposit insurance | | 5,264 | | 5,136 Other | | 42,066 | | 40,768 Total noninterest expense | | 292,529 | | 272,450 Income before income taxes | | 251,222 | | 229,767 Income tax expense | | 54,286 | | 48,654 Net income | | $ 196,936 | | $ 181,113 Per Common Share Data: | | | | Net income-basic | | $ 5.86 | | $ 5.44 Net income-diluted | | 5.78 | | 5.36 Cash dividends declared | | 1.50 | | 1.41 Common shares outstanding | | 33,619,174 | | 33,329,247 Average common shares outstanding - | | | | Basic | | 33,585,015 | | 33,266,315 Diluted | | 34,057,527 | | 33,812,270 Performance Ratios: | | | | Return on average assets | | 1.75 % | | 1.74 % Return on average stockholders' equity | | 13.62 | | 14.26 Net interest margin | | 3.81 | | 3.75 Efficiency ratio | | 52.82 | | 53.46 | BancFirst Corporation | | Consolidated Average Balance Sheets | | And Interest Margin Analysis | | Taxable Equivalent Basis | | (Dollars in thousands - Unaudited) | | | | | | | | | | | | | | | Three Months Ended | | | Nine Months Ended | | September 30, 2026 | | | September 30, 2026 | | | | Interest | | Average | | | | | Interest | | Average | | Average | | Income/ | | Yield/ | | | Average | | Income/ | | Yield/ | | Balance | | Expense | | Rate | | | Balance | | Expense | | Rate | ASSETS | | | | | | | Earning assets: | | | | | | | | | | | | | Loans | $ 8,667,984 | | $ 150,005 | | 6.87 | % | | $ 8,610,147 | | $ 442,335 | | 6.87 | % Securities – taxable | 1,095,827 | | 9,007 | | 3.26 | | | 999,790 | | 22,293 | | 2.98 | Securities – tax exempt | 6,486 | | 64 | | 3.92 | | | 6,925 | | 198 | | 3.82 | Interest bearing deposits with banks and FFS | 4,247,434 | | 40,003 | | 3.74 | | | 4,327,537 | | 120,127 | | 3.71 | Total earning assets | 14,017,731 | | 199,079 | | 5.63 | | | 13,944,399 | | 584,953 | | 5.61 | | | | | | | | | | | | | | Nonearning assets: | | | | | | | | | | | | | Cash and due from banks | 208,416 | | | | | | | 217,024 | | | | | Interest receivable and other assets | 1,008,461 | | | | | | | 994,958 | | | | | Allowance for credit losses | (106,823) | | | | | | | (105,469) | | | | | Total nonearning assets | 1,110,054 | | | | | | | 1,106,513 | | | | | Total assets | $ 15,127,785 | | | | | | | $ 15,050,912 | | | | | | | | | | | | | | | | | | LIABILITIES AND STOCKHOLDERS' EQUITY | | | | | | | Interest bearing liabilities: | | | | | | | | | | | | | Money market and interest-bearing checking deposits | $ 5,480,251 | | $ 35,611 | | 2.58 | % | | $ 5,524,357 | | $ 105,531 | | 2.55 | % Savings deposits | 1,445,206 | | 9,871 | | 2.71 | | | 1,401,712 | | 28,276 | | 2.70 | Time deposits | 1,798,060 | | 16,192 | | 3.57 | | | 1,811,110 | | 49,609 | | 3.66 | Short-term borrowings | 6,007 | | 29 | | 1.94 | | | 11,600 | | 273 | | 3.15 | Long-term borrowings | - | | - | | - | | | 2,026 | | 42 | | 2.77 | Subordinated debt | 86,247 | | 1,030 | | 4.74 | | | 86,233 | | 3,091 | | 4.79 | Other liabilities | 16,769 | | 201 | | 4.76 | | | 16,747 | | 533 | | 4.26 | Total interest bearing liabilities | 8,832,540 | | 62,934 | | 2.83 | | | 8,853,785 | | 187,355 | | 2.83 | | | | | | | | | | | | | | Interest free funds: | | | | | | | | | | | | | Noninterest bearing deposits | 4,119,209 | | | | | | | 4,079,560 | | | | | Interest payable and other liabilities | 188,240 | | | | | | | 184,104 | | | | | Equity | 1,987,796 | | | | | | | 1,933,463 | | | | | Total interest free funds | 6,295,245 | | | | | | | 6,197,127 | | | | | Total liabilities and stockholders' equity | $ 15,127,785 | | | | | | | $ 15,050,912 | | | | | Net interest income | | | $ 136,145 | | | | | | | $ 397,598 | | | Net interest spread | | | | | 2.80 | % | | | | | | 2.78 | % Effect of interest free funds | | | | | 1.05 | % | | | | | | 1.03 | % Net interest margin | | | | | 3.85 | % | | | | | | 3.81 | % | | | | | | | | | | | | | View original content:https://www.prnewswire.com/news-releases/bancfirst-corporation-reports-third-quarter-earnings-302916046.html

BancFirst (BANF) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.07%. A quarter ago, it was expected that this Oklahoma financial services holding company would post earnings of $1.79 per share when it actually produced earnings of $1.96, delivering a surprise of +9.5%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. BancFirst, which belongs to the Zacks Banks - Southwest industry, posted revenues of $187.39 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.15%. This compares to year-ago revenues of $175.48 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. BancFirst shares have added about 3.9% since the beginning of the year versus the S&P 500's gain of 12.7%. While BancFirst has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for BancFirst was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.95 on $192.4 million in revenues for the coming quarter and $7.69 on $746 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Red River Bancshares (RRBI), another stock in the same industry, has yet to report results for the quarter ended September 2026. This holding company for Red River Bank is expected to post quarterly earnings of $1.83 per share in its upcoming report, which represents a year-over-year change of +12.3%. The consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level. Red River Bancshares' revenues are expected to be $34.35 million, up 7.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BancFirst Corporation (BANF) : Free Stock Analysis Report Red River Bancshares, Inc. (RRBI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how BancFirst (NASDAQ:BANF) and the rest of the regional banks stocks fared in Q2. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 93 regional banks stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Operating as a "super community bank" with a decentralized management approach that emphasizes local responsiveness, BancFirst Corporation (NASDAQ:BANF) operates as a financial holding company providing commercial banking services to retail customers and small to medium-sized businesses primarily in Oklahoma and Texas. BancFirst reported revenues of $186.9 million, up 9.8% year on year. This print exceeded analysts’ expectations by 4.7%. Overall, it was a strong quarter for the company with a solid beat of analysts’ net interest income and EPS estimates. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 1.8% since reporting and currently trades at $112.82. Is now the time to buy BancFirst? Access our full analysis of the earnings results here, it’s free. Originally founded in 1964 as a federal savings and loan institution, OFG Bancorp (NYSE:OFG) provides banking and financial services including commercial and consumer lending, wealth management, insurance, and trust services primarily in Puerto Rico and the U.S. Virgin Islands. OFG Bancorp reported revenues of $190.3 million, up 4.5% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS and net interest income estimates. The market seems happy with the results as the stock is up 5.7% since reporting. It currently trades at $52.86. Is now the time to buy OFG Bancorp? Access our full analysis of the earnings results here, it’s free. Originally established in 1941 and now operating with a tech-forward approach that includes its SmartStreet platform for homeowner associations, Banc of California (NYSE:BANC) is a California-based bank holding company that provides banking services to small and middle-market businesses, entrepreneurs, and individuals. Banc of California reported revenues of $273.2 million, flat year on year, falling short of analysts’ expectations by 7.3%. It was a disappointing quarter as it posted a significant miss of analysts’ tangible book value per share and net interest income estimates. As expected, the stock is down 9.8% since the results and currently trades at $19.10. Read our full analysis of Banc of California’s results here. Founded in 1800 and operating as Rhode Island's oldest community bank, Washington Trust Bancorp (NASDAQ:WASH) is a regional bank holding company offering commercial banking, mortgage lending, personal banking, and wealth management services. Washington Trust Bancorp reported revenues of $60.65 million, up 11.3% year on year. This result topped analysts’ expectations by 2.1%. Zooming out, it was a satisfactory quarter as it also produced a beat of analysts’ EPS estimates but net interest income in line with analysts’ estimates. The stock is up 7.3% since reporting and currently trades at $38.98. Read our full, actionable report on Washington Trust Bancorp here, it’s free. Founded in 1991 as a community-focused alternative to big banks in the Chicago area, Wintrust Financial (NASDAQGS:WTFC) operates community banks in the Chicago area and provides specialty finance services including insurance premium financing and wealth management. Wintrust Financial reported revenues of $739.5 million, up 9.9% year on year. This print met analysts’ expectations. Zooming out, it was a slower quarter as it recorded a slight miss of analysts’ net interest income estimates and a narrow beat of analysts’ EPS estimates. The stock is down 2.5% since reporting and currently trades at $159.54. Read our full, actionable report on Wintrust Financial here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. BancFirst (BANF) drew fresh investor attention after reporting second quarter 2026 results, with net income and earnings per share higher than a year earlier and net charge-offs lower for the period. See our latest analysis for BancFirst. BancFirst's latest earnings release has come after a steady period for the stock, with a 1-day share price return of 1.44% and a year to date share price return of 9.5%. The 5 year total shareholder return of 129.94% contrasts with a 1 year total shareholder return that declined 6.33%, which suggests that long term holders have been rewarded even as near term sentiment has cooled. If this kind of steady banking story interests you, it could be a good moment to broaden your watchlist and look at 18 top founder-led companies After BancFirst's solid second quarter, the stock has already put in a respectable run this year. The real question now is whether the bigger upside still lies ahead or if most of the easy gains are behind it. The market is currently valuing BancFirst at a P/E of 15.6x, which sits above both its banking peers and an estimated fair P/E, even though the stock trades at a discount to some valuation models. The P/E ratio compares the share price with earnings per share, so a higher multiple often means investors are willing to pay more today for each dollar of current earnings. For a bank like BancFirst, that usually reflects expectations around future profitability, stability of earnings quality and the perceived resilience of its business model. Here, BancFirst is described as expensive on a P/E basis in several ways. Its P/E of 15.6x is higher than the estimated fair P/E of 11.9x. This suggests the current market pricing is richer than what the fair ratio model indicates. At the same time, Simply Wall St’s DCF work suggests the stock is trading around 35.5% below an estimate of future cash flow value of $180.72, so investors are seeing two very different signals from earnings based and cash flow based approaches. Against the wider US Banks industry, BancFirst's P/E of 15.6x also stands out. It is above the sector average of 12x, and it is higher than the peer group average of 13.1x. This implies the stock is priced at a premium compared with many banking peers. Those reference points, together with the 11.9x fair P/E level, frame a range that the market could potentially move toward if sentiment or earnings expectations shift. Explore the SWS fair ratio for BancFirst Result: Price-to-earnings of 15.6x (OVERVALUED) However, BancFirst's premium P/E and a 1 year total shareholder return that declined 6.33% both leave the stock exposed if sentiment or earnings expectations weaken. Find out about the key risks to this BancFirst narrative. While the 15.6x P/E suggests BancFirst trades at a premium, the SWS DCF model points in the opposite direction. On this view, the stock price of $116.58 sits about 35.5% below an estimated future cash flow value of $180.72, which raises the question of which signal investors should place more weight on. For a closer look at how this cash flow based estimate is built, Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out BancFirst for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 48 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. With mixed signals on BancFirst, it makes sense to check the underlying data yourself and decide how the balance of risks and rewards looks in your view, starting with 3 key rewards and 1 important warning sign If BancFirst has sharpened your focus on quality, do not stop here. The next step is to cast a wider net and spot opportunities early. Target quality at a discount by scanning 48 high quality undervalued stocks that combine solid fundamentals with attractive pricing. Strengthen your income stream by reviewing 9 dividend fortresses that offer higher yields with supporting fundamentals. Protect the downside first by checking 78 resilient stocks with low risk scores built on resilient balance sheets and lower risk scores. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BANF. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

OKLAHOMA CITY, July 23, 2026 /PRNewswire/ -- BancFirst Corporation (NASDAQ GS: BANF) reported net income of $66.7 million, or $1.96 per diluted share, for the second quarter of 2026 compared to net income of $62.3 million, or $1.85 per diluted share, for the second quarter of 2025. The Company's net interest income for the three-months ending June 30, 2026 increased to $133.5 million from $121.3 million for the same period in 2025. Higher loan volume and general growth in earning assets were the primary drivers of the change in net interest income. Net interest margin was 3.84% for the second quarter of 2026 compared to 3.75% for the second quarter of 2025. The Company recorded a provision for credit losses of $4.9 million and $1.4 million for the quarter ended June 30, 2026 and 2025, respectively. Noninterest income for the quarter totaled $53.9 million compared to $48.0 million in the same quarter last year. Trust revenue, service charges on deposits, securities transactions, and treasury income each increased when compared to second quarter of 2025. The Company also recorded gains of $2.9 million related to bank owned life insurance claims during the quarter. The increase in noninterest income was partially offset by a decrease in insurance commissions. Noninterest expense grew to $97.5 million for the quarter ended June 30, 2026 compared to $88.2 million in the same quarter in 2025. The increase in noninterest expense was primarily attributable to the growth in salaries and employee benefits of $5.2 million. The total salaries and employee benefits expenses recorded of $60.3 million is after a favorable adjustment to the funded employee benefit trust of $800,000. Also driving the increase in noninterest expense was net expense from other real estate owned, which increased $1.6 million period to period. At June 30, 2026, the Company's total assets were $15.1 billion, an increase of $243.4 million from December 31, 2025. Loans grew $110.6 million from December 31, 2025, totaling $8.7 billion at June 30, 2026. Deposits totaled $12.8 billion, an increase of $155.9 million from year-end 2025. Sweep accounts totaled $5.0 billion at June 30, 2026, up $100.8 million from December 31, 2025. The Company's stockholders' equity stood at $2.0 billion, an increase of $103.0 million from the end of 2025. Nonaccrual loans represented 0.94% of total loans at June 30, 2026, up from 0.72% at year-end 2025. Nonaccrual loans totaled $81.4 million at the end of the second quarter 2026. The allowance for credit losses to total loans was 1.25% at June 30, 2026 and 1.22% at December 31, 2025. Net charge-offs totaled $2.4 million for the quarter compared to $4.7 million for the second quarter last year. BancFirst Corporation CEO David Harlow commented, "The Company enjoyed a record quarter fueled by an expanding margin and earning asset growth. Noninterest income growth was solid across most major categories and expenses were managed in line with plan. We announced the acquisition of SpiritBank during the quarter, adding the Tulsa MSA communities of Bristow and Sapulpa while expanding our presence in the Tulsa market. Pending regulatory approval, a fourth quarter close and conversion is anticipated. Our economic outlook continues to be guarded, although charge-offs remain at historically low levels. With a $4.9 million provision during the quarter, our allowance for credit losses remains at a healthy level." BancFirst Corporation (the Company) is an Oklahoma based financial services holding company. The Company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank with 109 banking locations serving 62 communities across Oklahoma, Pegasus Bank, a Texas state-chartered bank with three banking locations in the Dallas Metroplex area, and Worthington Bank, a Texas state-chartered bank with three locations in the Fort Worth Metroplex area, one location in Arlington Texas and one location in Denton Texas. More information can be found at www.bancfirst.bank. The Company may make forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings, credit quality, corporate objectives, interest rates and other financial and business matters. Forward-looking statements include estimates and give management's current expectations or forecasts of future events. The Company cautions readers that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, including economic conditions, the performance of financial markets and interest rates; legislative and regulatory actions and reforms; competition; as well as other factors, all of which change over time. Actual results may differ materially from forward-looking statements. View original content:https://www.prnewswire.com/news-releases/bancfirst-corporation-reports-second-quarter-earnings-302833674.html

BancFirst (BANF) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.50%. A quarter ago, it was expected that this Oklahoma financial services holding company would post earnings of $1.77 per share when it actually produced earnings of $1.85, delivering a surprise of +4.52%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. BancFirst, which belongs to the Zacks Banks - Southwest industry, posted revenues of $187.49 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.80%. This compares to year-ago revenues of $169.3 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. BancFirst shares have added about 8.8% since the beginning of the year versus the S&P 500's gain of 9.6%. While BancFirst has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for BancFirst was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.86 on $182.4 million in revenues for the coming quarter and $7.38 on $726.7 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Banc of California (BANC), is yet to report results for the quarter ended June 2026. The results are expected to be released on July 29. This banking service and lending company is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of +29%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Banc of California's revenues are expected to be $297.02 million, up 8.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BancFirst Corporation (BANF) : Free Stock Analysis Report Banc of California, Inc. (BANC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research