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BancFirst (BANF) Reports Q2 Earnings: What Key Metrics Have to Say

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BancFirst (BANF - Free Report) reported $153.9 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 18.9%. EPS of $1.64 for the same period compares to $1.34 a year ago.

The reported revenue represents a surprise of -0.58% over the Zacks Consensus Estimate of $154.8 million. With the consensus EPS estimate being $1.61, the EPS surprise was +1.86%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how BancFirst performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin [%]: 3.87% versus the two-analyst average estimate of 3.86%.
  • Efficiency ratio: 52.7% compared to the 52.25% average estimate based on two analysts.
  • Total Noninterest Income: $47.97 million versus the two-analyst average estimate of $45.74 million.
  • Net Interest Income: $105.93 million versus $109.11 million estimated by two analysts on average.
View all Key Company Metrics for BancFirst here>>>

Shares of BancFirst have returned +10.2% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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