BancFirst Q1 EPS beat estimates on higher loan volume, asset growth

BancFirst

16/04/2026 21:20

Overview

US regional bank's Q1 adjusted EPS and net income beat analyst expectations

Net interest income rose, driven by higher loan volume and asset growth

Company completed conversion of American Bank of Oklahoma during the quarter

Outlook

Company says regional economy continues to perform well, but longer-term outlook remains mixed

BancFirst continues to maintain a healthy allowance for credit losses amid macroeconomic uncertainties

Result Drivers

NET INTEREST INCOME - Higher loan volume and growth in earning assets drove increase in net interest income

NONINTEREST INCOME - Trust revenue, service charges, treasury income, and securities transactions rose, partly offset by lower insurance commissions

EXPENSES - Noninterest expense rose due to higher salaries and employee benefits, and costs related to American Bank of Oklahoma conversion

Company press release: ID:nPnWYTmna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
Beat
$1.85
$1.75 (3 Analysts)
Q1 Net Income
Beat
$63 mln
$59.72 mln (3 Analysts)
Q1 Net Interest Income
$127.61 mln
Q1 Provision for credit losses on loans
$2.58 mln
Q1 Net Interest Margin
3.74%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for BancFirst Corp is $123.00, about 8.9% above its April 15 closing price of $112.94

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)