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BancFirst Corporation (NASDAQ:BANF), a $4.46 billion regional bank trading near its 52-week high, announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.49 per share on its common stock. The dividend, representing a 1.37% yield, will be payable on October 15, 2025, to shareholders of record as of September 30, 2025. According to InvestingPro, BancFirst has maintained dividend payments for 33 consecutive years, with a notable 6.98% dividend growth in the past year.
In addition to the common stock dividend, BancFirst Corporation will pay the quarterly interest on $26.8 million of its 7.20% Junior Subordinated Debentures, which are related to the trust preferred securities issued by its subsidiary, BFC Capital Trust II. The trust will use these proceeds to pay a dividend of $0.45 per share on the trust preferred securities, also payable on October 15, 2025, to shareholders of record on September 30, 2025.
This information is based on a statement issued in a Securities and Exchange Commission filing.
In other recent news, BancFirst Corporation reported second-quarter earnings and revenue that surpassed analyst expectations. The company achieved net income of $62.3 million, or $1.85 per diluted share, compared to $50.6 million, or $1.51 per diluted share, in the same period last year. Revenue reached $169.3 million, exceeding the consensus estimate of $163.82 million. Earnings per share were $1.85, beating analyst projections of $1.65 by $0.20. DA Davidson recently adjusted its price target for BancFirst, raising it from $120 to $136, while maintaining a Neutral rating. The firm attributed this decision to BancFirst’s strong quarterly performance, highlighting net interest margin expansion and quarter-over-quarter earning asset growth. These developments reflect the company’s ongoing financial strength and operational efficiency.
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