BancFirst Q4 net income $56.5M ($1.68 EPS) up from $48.9M; record annual earnings

BANCFIRST CORP /OK/

2024-FY EPS reported $6.44

Net income Q4 $56.5M ($1.68 diluted EPS) vs $48.9M ($1.46) in Q4 2023; annual net income record $216.4M ($6.44 EPS).
Net interest income increased to $115.9M from $105.1M; NIM stable at 3.68%.
Loans grew $373M to $8.0B; deposits up $1.0B to $11.7B; sweep accounts up $871.6M to $5.2B.
Nonaccrual loans rose to 0.72% of total loans from 0.32% a year ago; allowance ratio 1.24% vs 1.26%.
CEO David Harlow: record net income for fourth consecutive year; positive outlook for 2025 on strong regional economy.

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