BancFirst Corporation (NASDAQ:BANF) Earning Somewhat Favorable Press Coverage, Accern Reports
News articles about BancFirst Corporation (NASDAQ:BANF) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BancFirst Corporation earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.9024597274364 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- IHS Markit Score Update: Rise in demand for ETFs holding BancFirst Corp is a positive for its shares (finance.yahoo.com)
- BancFirst Co. (NASDAQ:BANF) Director Sells $270,046.98 in Stock (americanbankingnews.com)
- Dave R. Lopez Sells 4,366 Shares of BancFirst Co. (NASDAQ:BANF) Stock (americanbankingnews.com)
- BancFirst Co. (NASDAQ:BANF) Expected to Post Q3 2017 Earnings of $0.74 Per Share (americanbankingnews.com)
- IHS Markit Score Update: Drop in demand for ETFs holding BancFirst Corp is a negative sign for its shares (finance.yahoo.com)
Shares of BancFirst Corporation (NASDAQ:BANF) traded down 0.80% during mid-day trading on Friday, reaching $49.45. 40,810 shares of the company traded hands. The company has a market capitalization of $1.57 billion, a P/E ratio of 19.49 and a beta of 0.54. The firm’s 50 day moving average price is $50.79 and its 200-day moving average price is $48.02. BancFirst Corporation has a 52-week low of $33.03 and a 52-week high of $57.90.
BancFirst Corporation (NASDAQ:BANF) last issued its earnings results on Thursday, July 20th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.13. BancFirst Corporation had a return on equity of 11.35% and a net margin of 23.91%. The business had revenue of $84.42 million during the quarter, compared to analysts’ expectations of $81.12 million. Equities analysts predict that BancFirst Corporation will post $2.80 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Wednesday, June 28th. BancFirst Corporation’s payout ratio is currently 29.98%.
BANF has been the topic of several research reports. ValuEngine raised shares of BancFirst Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub raised shares of BancFirst Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 16th.
In related news, Chairman H E. Rainbolt purchased 400 shares of BancFirst Corporation stock in a transaction that occurred on Tuesday, May 23rd. The shares were purchased at an average cost of $94.84 per share, with a total value of $37,936.00. Following the transaction, the chairman now owns 453 shares of the company’s stock, valued at approximately $42,962.52. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dave R. Lopez sold 5,373 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $50.26, for a total value of $270,046.98. Following the transaction, the director now directly owns 4,366 shares in the company, valued at $219,435.16. The disclosure for this sale can be found here. Insiders have sold a total of 12,739 shares of company stock valued at $650,026 in the last quarter. Company insiders own 44.97% of the company’s stock.
About BancFirst Corporation
BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.
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