Quarterly ResultApr 16, 2026, 04:21 PM
BancFirst Q1 Net Income Rises to $63.0M, EPS at $1.85
AI Summary
BancFirst Corporation reported strong first-quarter 2026 results, with net income climbing to $63.0 million, or $1.85 per diluted share, compared to $56.1 million, or $1.66 per diluted share, in the prior year. The increase was primarily driven by higher loan volume and general growth in earning assets, which boosted net interest income to $127.6 million from $115.9 million. The company also saw an improvement in its net interest margin, reaching 3.74% for the quarter.
Key Highlights
- Net income rose to $63.0 million in Q1 2026 from $56.1 million in Q1 2025.
- Diluted EPS increased to $1.85 in Q1 2026 from $1.66 in Q1 2025.
- Net interest income grew to $127.6 million in Q1 2026 from $115.9 million in Q1 2025.
- Net interest margin improved to 3.74% in Q1 2026 from 3.70% in Q1 2025.
- Provision for credit losses was $2.1 million in Q1 2026 vs $1.6 million in Q1 2025.