BancFirst Corp (NASDAQ: BANF) has reported E.P.S. of $1.78 for its third fiscal quarter (ending September 30) versus $1.55 for the same period a year ago — an increase of 15%. This performance was $0.20 better than the consensus estimate of $1.58. E.P.S. were $6.32 for the latest four quarters through September 30 versus $6.71 for the same period a year ago — a decline of -6%.
Recent Price Action
BancFirst Corp (NASDAQ: BANF) stock enjoyed a large increase of 3.2% on 10/17/24. The stock closed at $115.62. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and has risen 10.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BANF is expected to continue to be a Value Builder.
BancFirst has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. BancFirst has a neutral Appreciation Score of 54 but a good Power Rating of 72, resulting in the Positive Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Be the first to comment