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BANF

BancFirst Corporation

In the published model solve dated 2026-Q2, anchored at $110.55, BancFirst Corporation (BANF) is priced for 13.6% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.

Published model solve
13.6% return on equity
Priced In
elevated

Key Takeaways

• Nearly a third of the money funding BancFirst's loan book costs it nothing: noninterest-bearing accounts were 30.8% of total deposits at the end of 2025, and core deposits ran at 94.8% of the total, a base the 10-K calls ⟦"a stable, low-cost funding source"⟧. • The price asks for a return on equity near 14.6% sustained for close to two decades, against 13.0% on trailing earnings and an 11.5% average across the seventeen years of the bank's own record. • Short-term rates are the variable with t

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Institutional ownership

236 institutional managers reported holding BANF in 13F filings for the quarter ended 2026-03-31. Together they hold about 49% of the company; the top 10 hold 38%. 22 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 1.0M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (6.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

BANF's share count grew 2.4% over the past five years even with $13.48M spent on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 12 years straight; the current rate is $1.90 a share annually. Cash returned over the past three years: $163.75M in dividends and $1.82M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at BANF over the trailing three years: 2023: 5 buys totaling $59k; 2024: 6 buys totaling $69k. 20 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

BANF's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05+0.5%-13.0%
2023-11-07+0.8%+10.8%
2024-02-28+0.4%+4.4%
2024-05-08+8.8%-4.3%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

BANF's latest 8-K filings: 2026-07-23 (items 2.02, 9.01); 2026-06-10 (items 7.01); 2026-05-28 (items 5.07, 7.01); 2026-04-16 (items 2.02); 2026-02-27 (items 5.02, 7.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.