BancFirst Q1 net income $50.3M, EPS $1.50 vs $1.72 YoY; NIM 3.70% from 3.89%

BANCFIRST CORP /OK/

2024-Q1 EPS reported $1.50

Net income $50.3M ($1.50/diluted) vs $57.5M ($1.72) in Q1 2023, down 12.5%.
Net interest income $106.1M vs $109.2M YoY; net interest margin compressed to 3.70% from 3.89%.
Loans grew $127.7M to $7.8B; deposits up $209.5M to $10.9B; total assets $12.6B.
Provision for credit losses $4.0M vs $2.3M; nonaccrual loans 0.54% of loans vs 0.32% year-end.
Noninterest income $44.9M vs $47.8M; Durbin Amendment reduced interchange fees by ~$5.3M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BANCFIRST CORP /OK/ reported the quarter ended March 31, 2024 results: net income $50.3 million, EPS $1.50 per diluted share.

Period: the quarter ended March 31, 2024
Net income: $50.3 million
EPS: $1.50 per diluted share
Result: reported results

Exact text from the filing

BancFirst Corporation (NASDAQ GS:BANF) reported net income of $50.3 million, or $1.50 per diluted share, for the first quarter of 2024 compared to net income of $57.5 million, or $1.72 per diluted share, for the first quarter of 2023.

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1349 earnings releases filed in the last 30 days. Browse all earnings releases →

BANCFIRST CORP /OK/ filing history →

Source: SEC EDGAR

accession 0000950170-24-045660

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