BancFirst Corporation (BANF)

BancFirst Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	540.5	467.54	336.34	316.12	311.99	291.52
Interest Income on Investments	164.7	156.4	83.48	10.9	15.13	45.14
Total Interest Income	705.21	623.94	419.82	327.02	327.11	336.66
Interest Paid on Deposits	264.81	195.05	41.97	8.23	18.47	52.74
Interest Paid on Borrowings	4.38	4.43	4.18	3.13	1.97	2
Total Interest Expense	269.18	199.48	46.15	11.36	20.45	54.74
Net Interest Income	436.02	424.46	373.67	315.66	306.67	281.92
Net Interest Income Growth (YoY)	1.46%	13.59%	18.38%	2.93%	8.78%	8.23%
Trust Income	21.36	18.78	15.65	12.91	13.13	13.6
Gain (Loss) on Sale of Assets	0.28	1.6	0.45	2.76	0.13	-0.04
Gain (Loss) on Sale of Investments	-1.62	-1.83	-1.83	1.05	-0.39	0.81
Other Non-Interest Income	91.97	86.88	78.18	62.6	43.85	42.66
Total Non-Interest Income	182.71	185.41	183.75	170.03	137.22	137.23
Non-Interest Income Growth (YoY)	-3.79%	0.90%	8.07%	23.91%	-0.01%	9.61%
Revenues Before Loan Losses	618.74	609.86	557.42	485.69	443.89	419.15
Provision for Loan Losses	10.4	7.46	10.08	-8.69	62.65	8.29
Revenue	608.33	602.41	547.34	494.38	381.24	410.86
Revenue Growth (YoY)	-0.02%	10.06%	10.71%	29.68%	-7.21%	7.59%
Salaries and Employee Benefits	199.15	191.24	178.23	160.27	159.52	147.34
Occupancy Expenses	39.76	39.68	37.93	35.41	31.03	25.33
Federal Deposit Insurance	6.03	5.83	4.74	3.46	2.08	1.14
Amortization of Goodwill & Intangibles	3.55	3.53	3.45	3.12	3.82	3.37
Selling, General & Administrative	28.83	26.23	22.41	20.59	18.95	20.08
Other Non-Interest Expense	52.85	50.01	53.26	54.05	43.86	44.83
Total Non-Interest Expense	344.65	332.46	309.91	285.98	257.73	241.3
EBT Excluding Unusual Items	263.69	269.95	237.43	208.4	123.51	169.56
Pretax Income	263.69	269.95	237.43	208.4	123.51	169.56
Income Tax Expense	54.88	57.48	44.33	40.77	23.93	34.68
Net Income	208.81	212.47	193.1	167.63	99.59	134.88
Net Income to Common	208.81	212.47	193.1	167.63	99.59	134.88
Net Income Growth	-5.37%	10.03%	15.19%	68.33%	-26.17%	7.21%
Basic Shares Outstanding	33	33	33	33	33	33
Diluted Shares Outstanding	34	33	33	33	33	33
Shares Change (YoY)	0.19%	0.16%	0.38%	0.31%	-0.36%	-0.30%
EPS (Basic)	6.33	6.45	5.89	5.12	3.05	4.13
EPS (Diluted)	6.22	6.34	5.77	5.03	3.00	4.05
EPS Growth	-5.46%	9.88%	14.71%	67.67%	-25.93%	7.71%
Dividend Per Share	1.750	1.660	1.520	1.400	1.320	1.240
Dividend Growth	7.36%	9.21%	8.57%	6.06%	6.45%	21.57%
Effective Tax Rate	20.81%	21.29%	18.67%	19.56%	19.37%	20.45%

Source: S&P Capital IQ. Banks template. Financial Sources.