BANCFIRST CORP (BANF)
US05945F1030 - Common Stock
We assign a fundamental rating of 4 out of 10 to BANF. BANF was compared to 411 industry peers in the Banks industry. BANF has an average financial health and profitability rating. BANF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BANF had positive earnings in the past year.
BANF had a positive operating cash flow in the past year.
BANF had positive earnings in each of the past 5 years.
BANF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BANF has a better Return On Assets (1.72%) than 93.19% of its industry peers.
BANF's Return On Equity of 14.82% is amongst the best of the industry. BANF outperforms 88.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 14.82% | ||
| ROIC | N/A |
ROA(3y)1.69%
ROA(5y)1.54%
ROE(3y)14.85%
ROE(5y)13.46%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BANF has a Profit Margin of 34.84%. This is amongst the best in the industry. BANF outperforms 89.29% of its industry peers.
In the last couple of years the Profit Margin of BANF has remained more or less at the same level.
BANF does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 34.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y15.8%
PM growth 5Y1.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BANF does not have a ROIC to compare to the WACC, probably because it is not profitable.
BANF has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BANF has been reduced compared to 5 years ago.
BANF has a worse debt/assets ratio than last year.
2.2 Solvency
BANF has a debt to FCF ratio of 0.42. This is a very positive value and a sign of high solvency as it would only need 0.42 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.42, BANF belongs to the best of the industry, outperforming 83.70% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that BANF is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.06, BANF belongs to the top of the industry, outperforming 80.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.42 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.14%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.88% over the past year.
The Earnings Per Share has been growing by 10.66% on average over the past years. This is quite good.
The Revenue has grown by 9.39% in the past year. This is quite good.
Measured over the past years, BANF shows a quite strong growth in Revenue. The Revenue has been growing by 9.60% on average per year.
EPS 1Y (TTM)9.88%
EPS 3Y28.33%
EPS 5Y10.66%
EPS growth Q2Q-14.12%
Revenue 1Y (TTM)9.39%
Revenue growth 3Y11.17%
Revenue growth 5Y9.6%
Revenue growth Q2Q-5.28%
3.2 Future
Based on estimates for the next years, BANF will show a decrease in Earnings Per Share. The EPS will decrease by -7.97% on average per year.
BANF is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.15% yearly.
EPS Next Y-12.23%
EPS Next 2Y-7.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.07%
Revenue Next 2Y-0.15%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.05, the valuation of BANF can be described as correct.
Based on the Price/Earnings ratio, BANF is valued a bit more expensive than the industry average as 77.62% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of BANF to the average of the S&P500 Index (24.92), we can say BANF is valued slightly cheaper.
A Price/Forward Earnings ratio of 16.01 indicates a correct valuation of BANF.
Based on the Price/Forward Earnings ratio, BANF is valued a bit more expensive than 73.72% of the companies in the same industry.
BANF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.05 | ||
| Fwd PE | 16.01 |
4.2 Price Multiples
71.78% of the companies in the same industry are cheaper than BANF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.95 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BANF's earnings are expected to decrease with -7.97% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.32
EPS Next 2Y-7.97%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.93%, BANF has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.82, BANF is paying slightly less dividend.
BANF's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
5.2 History
On average, the dividend of BANF grows each year by 11.78%, which is quite nice.
BANF has paid a dividend for at least 10 years, which is a reliable track record.
BANF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.78%
Div Incr Years17
Div Non Decr Years17
5.3 Sustainability
BANF pays out 25.25% of its income as dividend. This is a sustainable payout ratio.
DP25.25%
EPS Next 2Y-7.97%
EPS Next 3YN/A
BANCFIRST CORP
NASDAQ:BANF (4/26/2024, 7:00:00 PM)
After market: 89.08 0 (0%)89.08
-0.24 (-0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.94B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.05 | ||
| Fwd PE | 16.01 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 14.82% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 34.84% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)9.88%
EPS 3Y28.33%
EPS 5Y
EPS growth Q2Q
EPS Next Y-12.23%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.39%
Revenue growth 3Y11.17%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y