earnings
confidence high
sentiment positive
materiality 0.75
BancFirst Q3 net income $58.9M ($1.75 EPS), up 15% YoY; NIM expands to 3.78%
BANCFIRST CORP /OK/
2024-Q3 EPS reported
$4.76
- Net income $58.9M ($1.75 diluted EPS) vs $51.0M ($1.52) in Q3 2023.
- Net interest income rose to $115.0M from $104.3M; net interest margin 3.78% vs 3.73%.
- Loans grew $528.1M YTD to $8.2B; deposits increased $774.2M to $11.5B.
- Nonaccrual loans at 0.56% of total loans (year-end 2023: 0.32%); provision $3.0M.
- CEO notes Fed rate cut adds uncertainty to net interest margin outlook; credit stance unchanged.