Analyst Downgrade Signal: BANF from Neutral to Underweight by Piper Sandler
Price Target: $87>>79
Report Date: 05-06-2022
Symbol: BANF - BancFirst Corporation
Sector: Financial Services
Industry: Banks—Regional
Analyst Downgrade Signal: BANF from Neutral to Underweight by Piper Sandler
Price Target: $87>>79
BancFirst Corporation (BANF)
101 N Broadway Ste 200
Oklahoma City, OKLAHOMA 73102
Phone: 14052701000
Website: http://www.bancfirst.bank
CEO: Mr. David Harlow
NASDAQ, Nasdaq Global Select
BancFirst Corp. is a bank holding company, which provides retail and commercial banking services. The company is headquartered in Oklahoma City, Oklahoma and currently employs 1,782 full-time employees. The firm conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. The company has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support. The metropolitan and community banks offer traditional banking products, such as commercial and retail lending, and a line of deposit accounts. The metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. The community banks consist of banking locations in communities throughout Oklahoma. Its other financial services are specialty product business units, including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, operations and support groups represent executive management, operational support and corporate functions.