Quarterly ResultOct 22, 2026, 06:01 AM
BancFirst Corp Q3 Earnings Up 7.5% to $67.3M; Acquires Spirit Bank
AI Summary
BancFirst Corporation reported strong third-quarter earnings, with net income rising to $67.3 million, or $1.97 per diluted share, compared to $62.7 million, or $1.85 per diluted share, in the same quarter last year. The increase was driven by higher net interest income, which grew to $136.0 million due to increased loan volume and general growth in earning assets. Total assets grew to $15.0 billion, and loans increased by $187.9 million from the end of 2025. The company also noted that its previously announced acquisition of Spirit Bank is on schedule to close in October.
Key Highlights
- BancFirst Corporation reported Q3 2026 net income of $67.3 million, or $1.97 per diluted share, up from $62.7 million, or $1.85 per diluted share, in Q3 2025.
- Net interest income increased to $136.0 million in Q3 2026 from $125.6 million in Q3 2025, driven by higher loan volume.
- Total assets reached $15.0 billion at September 30, 2026, an increase of $182.3 million from December 31, 2025.
- Loans grew $187.9 million from December 31, 2025, totaling $8.7 billion at September 30, 2026.
- Deposits totaled $12.7 billion, an increase of $29.3 million from year-end 2025.
- Nonaccrual loans represented 0.87% of total loans at September 30, 2026, up from 0.72% at year-end 2025.
- The acquisition of Tulsa-based Spirit Bank is on schedule to close in October.
- CEO David Harlow noted strong earnings driven by earning asset growth and sustained margins.
Price Impact
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