| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | 1 | — | 3 | 1 | — | 3 | 5 | — |
| total | individual payouts | |
|---|---|---|
| 2027 | ‡‡‡‡ |
|
| 2026 | 1.99 |
—
—
|
| 2025 | 1.90 |
—
—
—
—
|
| 2024 | 1.78 |
—
—
—
—
|
| 2023 | 1.66 |
—
—
—
—
|
| 2022 | 1.52 |
—
—
—
—
|
| 2021 | 1.40 |
—
—
—
—
|
| 2020 | 1.32 |
—
—
—
—
|
| 2019 | 1.24 |
—
—
—
—
|
| 2018 | 1.02 |
—
—
—
—
|
| 2017 | 0.80 |
—
—
—
—
|
| 2016 | 0.74 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 2,398.78 | 3,554.49 | 4,496.07 | 4,404.61 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 10,305.67 | 11,818.15 | 13,336.05 | 13,371.34 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 10,700.12 | 11,718.55 | 12,670.39 | 12,826.29 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 10,852.05 | 11,846.97 | 12,886.55 | 13,038.90 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 241.57 | 249.33 | — | — |
—
|
| ’25 | 231.37 | 236.48 | 244.26 | 248.29 |
960.40
|
| ’24 | 216.54 | 222.41 | 236.36 | 233.40 |
908.71
|
| ’23 | 193.27 | 198.79 | 204.67 | 212.60 |
809.34
|
| ’22 | 122.17 | 134.09 | 163.34 | 183.96 |
603.57
|
| ’21 | 119.96 | 129.56 | 123.00 | 124.54 |
497.05
|
| ’20 | 119.12 | 113.53 | 113.77 | 117.92 |
464.34
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 75.85 | 83.08 | — | — |
—
|
| ’25 | 76.95 | 78.12 | 75.42 | 54.78 |
285.28
|
| ’24 | 66.32 | 100.15 | 77.59 | 17.13 |
261.20
|
| ’23 | 69.50 | 59.68 | 61.10 | 42.76 |
233.05
|
| ’22 | 63.61 | 56.23 | 59.45 | 46.98 |
226.27
|
| ’21 | 69.04 | 68.79 | 39.49 | 26.62 |
203.93
|
| ’20 | 35.26 | 47.38 | 28.61 | 43.60 |
154.85
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 65.06 | 73.28 | — | — |
—
|
| ’25 | 65.64 | 64.38 | 63.71 | 43.23 |
236.97
|
| ’24 | 56.07 | 94.13 | 72.36 | 1.99 |
224.55
|
| ’23 | 61.54 | 54.62 | 56.42 | 37.96 |
210.54
|
| ’22 | 56.71 | 51.26 | 56.22 | 42.30 |
206.49
|
| ’21 | 61.32 | 61.31 | 33.83 | 20.23 |
176.68
|
| ’20 | 23.91 | 28.44 | 10.58 | 25.47 |
88.41
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1.85 | 1.96 | — | — |
—
|
| ’25 | 1.67 | 1.85 | 1.85 | 1.75 |
7.11
|
| ’24 | 1.50 | 1.51 | 1.75 | 1.68 |
6.44
|
| ’23 | 1.72 | 1.64 | 1.52 | 1.46 |
6.34
|
| ’22 | 1.08 | 1.34 | 1.65 | 1.70 |
5.77
|
| ’21 | 1.27 | 1.45 | 1.16 | 1.15 |
5.03
|
| ’20 | 0.68 | 0.63 | 0.63 | 1.06 |
3.00
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 71.04 | 68.44 | 81.21 | 97.02 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 118.07 | 104.00 | 132.29 | 138.77 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,051 | 2,109 | 2,135 | 2,260 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.29 | 0.38 | 0.43 | 0.42 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 603.57 | 809.34 | 908.71 | 960.40 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 92.35% | 75.35% | 69.49% | 71.91% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 237.43 | 269.95 | 275.28 | 305.12 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 39.34% | 33.35% | 30.29% | 31.77% | ‡‡‡ | ‡‡‡ | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 193.10 | 212.47 | 216.35 | 240.61 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 26.61 | 23.92 | 24.08 | 25.55 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.41 | 24.59 | 27.49 | 28.84 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 5.89 | 6.45 | 6.55 | 7.22 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.90 | 7.08 | 7.90 | 8.57 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.60) | (0.68) | (1.11) | (1.45) | ‡‡‡ | ‡‡‡ | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.30 | 6.40 | 6.79 | 7.11 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 38.16 | 43.56 | 49.04 | 55.67 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.78 | 32.92 | 33.06 | 33.31 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.80 | 15.04 | 17.89 | 14.68 | ‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.73 | 3.95 | 4.26 | 3.68 | ‡‡‡ | ‡‡‡ | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.28 | 2.23 | 2.39 | 1.90 | ‡‡‡ | ‡‡‡ | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.38) | 1.09 | 0.45 | (0.90) | ‡‡‡‡ | ‡‡‡ | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.10) | 4.20 | 1.82 | (3.64) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 226.27 | 233.05 | 261.20 | 285.28 | ‡‡‡ | ‡‡‡ | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (19.78) | (22.50) | (36.65) | (48.31) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 206.49 | 210.54 | 224.55 | 236.97 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (720.60) | (546.38) | (28.82) | 449.50 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 88.04 | 86.10 | 86.16 | 98.21 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3,083.72) | (2,312.68) | (3,468.33) | (4,397.86) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,250.84 | 1,433.89 | 1,621.19 | 1,854.13 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.77% | 1.72% | 1.67% | 1.69% | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00% | 0.00% | 0.00% | 0.00% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.94% | 15.83% | 14.16% | 13.85% | — | — | — |
ROE
|
BancFirst Corporation (BANF), a conservative Oklahoma banking standout, has delivered impressive growth amid challenges like COVID-19 and the 2023 regional bank crises, thanks to its strong deposit base and prudent lending. Revenue surged 179% from $326 million in 2016 to $909 million in 2024, with revenue per share up 164% and EPS climbing 189% to $6.55. ROE consistently hit high teens, free cash flow per share reached $6.79, and the stock rocketed from mid-$40s highs to over $130—a 180% gain—rewarding long-term holders with efficient scaling and a fortress balance sheet featuring $1.62 billion in equity and a massive net cash position exceeding $3.5 billion.
Despite gross margin compression from rising rates, profitability remains robust, with net income up 206% and low leverage shielding against downturns. Modest insider sells signal routine diversification, not distress, while disciplined capex supports dividends and buybacks.
Analysts forecast EPS growth to $7.00 in 2026 and $7.14 in 2027, backed by Oklahoma’s energy boom and digital initiatives, with price targets implying 15-20% upside at current undervalued multiples. BANF’s recession-proof model promises compounding returns for patient investors—read the full analysis for the bull case details.
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