Somewhat Favorable Press Coverage Unlikely to Affect BancFirst Corporation (BANF) Share Price

Press coverage about BancFirst Corporation (NASDAQ:BANF) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BancFirst Corporation earned a news impact score of 0.01 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 26 out of 100, meaning that recent press coverage is unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

Insider Buying and Selling by Quarter for BancFirst Corporation (NASDAQ:BANF)

A number of brokerages have recently issued reports on BANF. BidaskClub raised shares of BancFirst Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. ValuEngine raised shares of BancFirst Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Shares of BancFirst Corporation (BANF) traded down 0.289% during midday trading on Friday, hitting $94.825. 6,596 shares of the stock were exchanged. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 19.951 and a beta of 0.57. The stock’s 50-day moving average price is $96.27 and its 200-day moving average price is $93.68. BancFirst Corporation has a 1-year low of $56.30 and a 1-year high of $103.65. Shares of BancFirst Corporation are scheduled to split on the morning of Tuesday, August 1st. The 2-1 split was announced on Wednesday, May 31st. The newly issued shares will be payable to shareholders after the closing bell on Monday, July 31st.

BancFirst Corporation (NASDAQ:BANF) last issued its earnings results on Thursday, April 20th. The bank reported $1.36 EPS for the quarter, topping the consensus estimate of $1.13 by $0.23. BancFirst Corporation had a return on equity of 10.83% and a net margin of 22.83%. The business had revenue of $82.85 million during the quarter, compared to the consensus estimate of $79.46 million. On average, analysts forecast that BancFirst Corporation will post $5.01 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Shareholders of record on Friday, June 30th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $1.52 annualized dividend and a yield of 1.60%. BancFirst Corporation’s dividend payout ratio is currently 32.00%.

In other BancFirst Corporation news, President Harvey Robinson sold 10,000 shares of the firm’s stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $100.39, for a total value of $1,003,900.00. Following the completion of the transaction, the president now owns 5,000 shares in the company, valued at approximately $501,950. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman H E. Rainbolt bought 400 shares of the business’s stock in a transaction on Tuesday, May 23rd. The stock was bought at an average price of $94.84 per share, with a total value of $37,936.00. Following the purchase, the chairman now owns 453 shares in the company, valued at $42,962.52. The disclosure for this purchase can be found here. 44.97% of the stock is owned by company insiders.

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BancFirst Corporation Company Profile

BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.

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