earnings
confidence high
sentiment positive
materiality 0.80
BancFirst Q4 net income $57.1M, $1.70 EPS; record earnings in 2022
BANCFIRST CORP /OK/
2022-FY EPS reported
$5.77
- Q4 net income $57.1M ($1.70 diluted EPS) vs $38.2M ($1.15) Q4 2021; FY 2022 net income $193.1M ($5.77) vs $167.6M ($5.03).
- Net interest income rose to $110.4M from $75.9M; net interest margin expanded to 3.83% from 2.87%.
- Loan growth of 9% (organic $578M); total loans $6.9B; deposits $11.0B, up $2.9B.
- Provision for credit losses $3.8M expense (vs $224k benefit); noninterest expense $84.6M incl $3.7M OREO write-down.
- Asset quality: nonaccrual loans 0.22% of loans; allowance 1.33%; net charge-offs 0.01%.