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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 in the United States. It operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments. The company offers checking, negotiable order of withdrawal, savings, money market, health savings, coverdell education, individual retirement, and sweep accounts, as well as certificates of deposit, overdraft protection, and auto draft services. It also provides commercial real estate owner occupied and non-owner occupied, construction and development, construction residential real estate, residential real estate first lien, agricultural, commercial and consumer non-real estate, and oil and gas loans; lending activities, such as private banking, commercial and residential real estate, commercial and industrial, and energy loans; automobiles, home equity loans, and other personal loans; and securities investment products. In addition, the company offers 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 commercial and personal insurance products; and depository and funds transfer, collection, safe deposit box, cash management, and other services. It serves 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $691M | - | $241M | $237M | 13.0% | 9.4% | 11.2% |
| 2024 | $631M | - | $216M | $225M | 13.3% | 3.5% | 1.8% |
| 2023 | $610M | - | $212M | $211M | 14.8% | 9.4% | 10.0% |
| 2022 | $557M | - | $193M | $206M | 15.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 557.42 | 609.86 | 631.45 | 690.63 |
| Operating Revenue | - | 557.42 | 609.86 | 631.45 | 690.63 |
| Selling General And Administration | - | 197.78 | 214.93 | 227.74 | 242.85 |
| Interest Income | - | 419.82 | 623.94 | 724.14 | 760.25 |
| Interest Expense | - | 46.15 | 199.48 | 277.26 | 269.77 |
| Net Interest Income | - | 373.67 | 424.46 | 446.87 | 490.49 |
| Pretax Income | - | 237.43 | 269.95 | 275.28 | 305.12 |
| Tax Provision | - | 44.33 | 57.48 | 58.93 | 64.51 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.08 | 0.34 | 0 | 0.20 |
| Net Income Continuous Operations | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Net Income From Continuing And Discontinued Operation | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Net Income From Continuing Operation Net Minority Interest | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Net Income | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Net Income Common Stockholders | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Net Income Including Noncontrolling Interests | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Normalized Income | - | 192.74 | 211.20 | 216.36 | 239.86 |
| Diluted NI Availto Com Stockholders | - | 193.10 | 212.46 | 216.35 | 240.61 |
| Basic Average Shares | - | 32.78 | 32.92 | 33.06 | 33.31 |
| Diluted Average Shares | - | 33.44 | 33.49 | 33.62 | 33.84 |
| Reconciled Depreciation | - | 22.05 | 22.19 | 21.68 | 22.54 |
| Total Unusual Items | - | 0.45 | 1.60 | -0.01 | 0.96 |
| Total Unusual Items Excluding Goodwill | - | 0.45 | 1.60 | -0.01 | 0.96 |
| Gain On Sale Of Security | - | -1.83 | -1.83 | 0.10 | 0.38 |
| Depreciation Amortization Depletion Income Statement | - | 22.05 | 22.19 | 21.68 | 22.54 |
| Depreciation And Amortization In Income Statement | - | 22.05 | 22.19 | 21.68 | 22.54 |
| General And Administrative Expense | - | 189.71 | 205.81 | 218.35 | 232.82 |
| Other Gand A | 6.74 | - | - | - | - |
| Salaries And Wages | - | 184.98 | 199.99 | 212 | 225.99 |
| Insurance And Claims | - | 4.74 | 5.83 | 6.35 | 6.83 |
| Selling And Marketing Expense | - | 8.07 | 9.11 | 9.39 | 10.03 |
| Average Dilution Earnings | 0 | 0 | - | - | - |
| Amortization | - | 3.45 | 3.53 | 3.55 | 3.45 |
| Amortization Of Intangibles Income Statement | - | 3.45 | 3.53 | 3.55 | 3.45 |
| Occupancy And Equipment | - | 19.33 | 21.03 | 22.19 | 25.17 |
| Depreciation Income Statement | - | 18.60 | 18.66 | 18.14 | 19.10 |
| Other Non Interest Expense | - | 70.75 | 74.32 | 75.55 | 89.28 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BancFirst Corporationthis co. | BANF | $3.7B | 15.37 | 1.99 | 13.0% | - |
| Cathay General Bancorp | CATY | $3.9B | 12.38 | 1.33 | 10.8% | - |
| Independent Bank Corp. | INDB | $3.8B | 18.52 | 1.07 | 5.8% | - |
| Cohen & Steers, Inc. | CNS | $3.8B | 24.67 | 6.73 | 27.3% | 17.84 |
| First BanCorp. | FBP | $3.8B | 10.90 |
| - |
| - |
| - |
| - |
| - |
| 1.91 |
| 17.5% |
| - |
| Renasant Corporation | RNST | $3.7B | 20.64 | 0.96 | 4.7% | - |
| WSFS Financial Corporation | WSFS | $3.7B | 12.89 | 1.35 | 10.5% | - |
| Bread Financial Holdings, Inc. | BFH | $3.7B | 7.11 | 1.11 | 15.6% | 4.25 |
| CVB Financial Corp. | CVBF | $3.6B | 17.23 | 1.57 | 9.1% | - |
| Peer Median | - | 15.06 | 1.34 | 10.6% | 11.05 | |