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BANF - BancFirst Corporatio...

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BancFirst Corporation

BANF

NASDAQ

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, Pegasus Bank, and Other Financial Services segments. The company offers checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services. It also provides commercial, financial, and other loans for working capital, facilities acquisition or expansion, purchase of equipment, and other needs; lending services that include private banking, energy, commercial and residential real estate, and commercial and industrial loans; and loans to finance purchases of consumer goods, such as automobiles, boats, household goods, vacations, and education. In addition, the company engages in the investment management and administration of trusts for individuals, corporations, and employee benefit plans, as well as bond trustee and paying agent business for various Oklahoma municipalities and governmental entities; and provision of item processing, research, and other correspondent banking services. Further, it is involved in real estate investment and insurance agency services; and providing funds transfer, collection, safe deposit box, cash management, and other services. The company serves customers in non-metropolitan trade centers and cities in the metropolitan statistical areas of Oklahoma. It operates through 108 banking locations in Oklahoma and 3 banking locations in Dallas, Texas. The company was formerly known as United Community Corporation and changed its name to BancFirst Corporation in November 1988. BancFirst Corporation was incorporated in 1984 and is headquartered in Oklahoma City, Oklahoma.

111.56 USD

2.32 (2.08%)

BANF Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

261.2M

233.04M

226.27M

189.79M

Net Income

216.35M

212.47M

193.1M

167.63M

Depreciation & Amortization

20.63M

22.19M

22.05M

20.04M

Deferred Income Taxes

-2.2M

-2.79M

322k

7.04M

Stock Based Compensation

3.45M

3M

1.94M

2.13M

Change in Working Capital

0

-2.16M

-13.72M

3.6M

Accounts Receivable

0

0

-16.91M

4.21M

Inventory

0

0

-3.19M

617k

Accounts Payable

6.45M

0

3.19M

-617k

Other Working Capital

0

-2.16M

3.19M

-617k

Other Non-Cash Items

22.97M

336k

22.58M

-10.66M

CF from Investing Activities

-71.39M

-669.71M

-1.52B

437.03M

Investments in Property, Plant & Equipment

0

-22.5M

-19.79M

-27.25M

Net Acquisitions

0

8.04M

121.1M

12.6M

Investment Purchases

-375.44M

-454.33M

-1.89B

-464.05M

Sales/Maturities of Investments

742.35M

471.34M

781.48M

509.03M

Other Investing Activites

-438.3M

-672.25M

-515.87M

406.71M

CF from Financing Activities

966.5M

-334.79M

2.41B

-193.71M

Debt Repayment

-3.35M

3.05M

300k

58.05M

Common Stock Issued

9.2M

2.54M

7.65M

2.26M

Common Stock Repurchased

0

-1.82M

0

-11.66M

Dividends Paid

-57.77M

-53.64M

-48.46M

-45.14M

Other Financing Activites

1.03B

-284.92M

2.46B

-197.22M

Free Cash Flow

261.2M

210.54M

206.49M

162.54M

Operating Cash Flow

261.2M

233.04M

226.27M

189.79M

Capital Expenditures

0

-22.5M

-19.79M

-27.25M

Cash at Beginning of Period

2.4B

3.17B

2.05B

1.62B

Cash at End of Period

3.55B

2.4B

3.17B

2.05B

Net Change In Cash

1.16B

-771.45M

1.12B

433.11M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

1.28B

1.12B

977.07M

871.16M

Net Income

216.35M

212.47M

193.1M

167.63M

Stock Repurchases

0

-1.82M

0

-11.66M

Dividend Paid

-57.77M

-53.64M

-48.46M

-45.14M

Retained Earnings

1.43B

1.28B

1.12B

977.07M

Other Distributions

99.69M

100.55M

94.76M

49.1M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

295.94M

284.49M

278.09M

269.05M

Annual Depreciation

21.68M

22.19M

22.05M

20.04M

Capital Expenditure

0

-22.5M

-19.79M

-27.25M

Net PPE

274.26M

284.81M

275.82M

276.26M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

208k

32.13M

0

Goodwill (Previous Year)

182.26M

182.06M

149.92M

149.92M

Goodwill

182.26M

182.26M

182.06M

149.92M

All figures are in USD.

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