BancFirst Corporation (BANF)
BancFirst (BANF) Is Up 3.47% in One Week: What You Should Know
Does BancFirst (BANF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Strength Seen in BancFirst (BANF): Can Its 4.0% Jump Turn into More Strength?
BancFirst (BANF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
BancFirst: Shares Still Look Pricey Amid Soft Earnings
Shares of Oklahoma-based BancFirst have done okay since my opening piece last year, lifted by the broader rally in regional bank stocks. Earnings have been fairly muted as expected, with net interest income still recovering from recent funding cost pressure and non-interest income hit by a reduction in swipe fees. Currently trading for over 2.5x tangible book value, these shares are now even more expensive than at opening coverage, with earnings set to remain fairly flat in the near term.
Best Income Stocks to Buy for August 21st
FLIC, STEP, and BANF made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 21, 2024.
Should You Buy BancFirst (BANF) After Golden Cross?
After reaching an important support level, BancFirst Corporation (BANF) could be a good stock pick from a technical perspective. BANF recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Compared to Estimates, BancFirst (BANF) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for BancFirst (BANF) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
BancFirst (BANF) Beats Q2 Earnings and Revenue Estimates
BancFirst (BANF) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.64 per share a year ago.
Best Income Stocks to Buy for June 12th
BFS, ISNPY and BANF made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 12, 2024.
Best Income Stocks to Buy for May 23rd
IVR, FFBC and BANF made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 23, 2024.
BancFirst (NASDAQ:BANF) versus First of Long Island (NASDAQ:FLIC) Critical Contrast
BancFirst (NASDAQ:BANF – Get Free Report) and First of Long Island (NASDAQ:FLIC – Get Free Report) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, earnings, analyst recommendations, dividends, valuation, profitability and institutional ownership. Earnings and Valuation This table compares BancFirst and First of Long Island’s gross revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio BancFirst $809.34 million 3.75 $212.46 million $6.12 15.04 First of Long Island $161.82 million 1.49 $26.24 million $1.08 9.92 BancFirst has higher revenue and earnings than First of Long Island. First of Long Island is trading at a lower price-to-earnings ratio than BancFirst, indicating that it is currently the more affordable of the two stocks. Risk and Volatility BancFirst has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500. Comparatively, First of Long Island has a beta of 0.66, suggesting that its share price is 34% less volatile than the S&P 500. Analyst Recommendations This is a breakdown of current recommendations for BancFirst and First of Long Island, as reported by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score BancFirst 1 1 0 0 1.50 First of Long Island 0 0 0 0 N/A BancFirst presently has a consensus price target of $85.50, indicating a potential downside of 7.14%. Given BancFirst’s higher probable upside, analysts plainly believe BancFirst is more favorable than First of Long Island. Profitability This table compares BancFirst and First of Long Island’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets BancFirst 24.65% 14.62% 1.67% First of Long Island 14.14% 6.54% 0.57% Dividends BancFirst pays an annual dividend of $1.72 per share and has a dividend yield of 1.9%. First of Long Island pays an annual dividend of $0.84 per share and has a dividend yield of 7.8%. BancFirst pays out 28.1% of its earnings in the form of a dividend. First of Long Island pays out 77.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. BancFirst has raised its dividend for 30 consecutive years. Institutional & Insider Ownership 51.7% of BancFirst shares are owned by institutional investors. Comparatively, 48.3% of First of Long Island shares are owned by institutional investors. 33.9% of BancFirst shares are owned by company insiders. Comparatively, 6.3% of First of Long Island shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Summary BancFirst beats First of Long Island on 14 of the 15 factors compared between the two stocks. About BancFirst (Get Free Report) 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. It 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. The company also provides commercial and agricultural non-real estate loans for working capital, facilities acquisition or expansion, purchase of equipment, and other needs; lending services that include private banking, energy, commercial and residential real estate, and commercial and industrial loans; and loans to finance purchases of consumer goods, such as automobiles, boats, household goods, vacations, and education. In addition, it engages in the investment management and administration of trusts for individuals, corporations, and employee benefit plans, as well as bond trustee and paying agent business for various Oklahoma municipalities and governmental entities; and provision of item processing, research, and other correspondent banking services to financial institutions and governmental units. Further, the company provides insurance agency services; depository and funds transfer, collection, safe deposit box, cash management, and other services. It serves customers in non-metropolitan trade centers and cities in the metropolitan statistical areas of Oklahoma. The company was formerly known as United Community Corporation and changed its name to BancFirst Corporation in November 1988. BancFirst Corporation was incorporated in 1984 and is headquartered in Oklahoma City, Oklahoma. About First of Long Island (Get Free Report) The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations. The company offers business and small business checking, personal checking, negotiable order of withdrawal, interest on lawyer, escrow service, rent security, personal and nonpersonal money market, savings, time deposit, and individual retirement accounts. It also provides commercial and residential mortgage, commercial and industrial, small business credit scored, Small Business Administration, construction and land development, consumer, and home equity lines/loans, as well as standby letters of credit; debit or credit cards; and overdraft facilities. In addition, the company offers life insurance, investment management, trust, estate and custody, retail investment, bill payment, lockbox, ACH, safe deposit box rental, wire transfer, money order, checkbook printing, check, ATM, and online and mobile banking services. The First of Long Island Corporation was founded in 1927 and is headquartered in Melville, New York.
