BancFirst Corp reports results for the quarter ended in March - Earnings Summary

BancFirst

23/04/2024 13:00

* BancFirst Corp  BANF.OQ  reported quarterly adjusted
earnings of
$1.50​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of $1.72. 
The mean expectation of four analysts for the quarter was
for earnings of $1.39 per share. Wall Street expected results to
range from $1.37  to $1.42 per share.
    * Revenue fell 3.8% to $151.00 million from a year ago;
analysts
expected $147.54 million. 
    * BancFirst Corp's reported EPS for the quarter was $1.50​.
    * The company reported quarterly net income of $50.33
million.
    * BancFirst Corp shares had risen by 3.7% this quarter and
lost 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for BancFirst Corp is
$91.00 
This summary was machine generated from LSEG data April 23 at
12:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.39           1.50           Beat
 Dec. 31 2023      1.38           1.46           Beat
 Sep. 30 2023      1.49           1.52           Beat
 Jun. 30 2023      1.61           1.64           Beat