For the quarter ended March 2024, BancFirst (BANF) reported income of $151 million, down 3.8% over the identical interval final 12 months. EPS got here in at $1.50, in comparison with $1.72 within the year-ago quarter.
The reported income represents a shock of +2.20% over the Zacks Consensus Estimate of $147.75 million. With the consensus EPS estimate being $1.37, the EPS shock was +9.49%.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how BancFirst carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Curiosity Margin [%]: 3.7% versus 3.6% estimated by two analysts on common.
- Effectivity ratio: 54.8% versus the two-analyst common estimate of 57%.
- Complete Noninterest Earnings: $44.90 million versus $44.64 million estimated by two analysts on common.
- Internet Curiosity Earnings: $106.10 million versus $103.07 million estimated by two analysts on common.
View all Key Company Metrics for BancFirst here>>>
Shares of BancFirst have returned -6.9% over the previous month versus the Zacks S&P 500 composite’s -1.7% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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