業績公告
即時報告
8-K
2026-07-23
BancFirst公佈2026年第二季創紀錄淨收入6670萬美元 每股盈利1.96美元
AI 繁中摘要
BancFirst Corporation（NASDAQ: BANF）公佈2026年第二季業績 🏦
申報類型：8-K（業績公佈）
**業績重點**
- 第二季淨收入6,670萬美元（每股攤薄盈利1.96美元），高於去年同期的6,230萬美元（每股1.85美元），創紀錄季度。
- 淨利息收入增至1.335億美元，比去年同期1.213億美元上升，主因貸款量及生息資產增長。
- 淨息差由3.75%擴至3.84%，反映利率環境利好。
- 信貸損失準備為490萬美元（去年同期140萬美元），管理層指信貸損失準備仍處於健康水平。
**非利息收入及支出**
- 非利息收入5,390萬美元（去年同期4,800萬美元），主要受惠於信託收入、存款服務費、證券交易及庫務收入增加，部分被保險佣金下降抵銷；另錄得290萬美元銀行人壽保險索償收益。
- 非利息支出9,750萬美元（去年同期8,820萬美元），主要因薪資及員工福利增加520萬美元，以及其他房地產擁有淨支出上升。
**資產負債表（截至2026年6月30日）**
- 總資產151億美元，較2025年底增加2.434億美元。
- 貸款總額87億美元，增加1.106億美元。
- 存款總額128億美元，增加1.559億美元。
- 股東權益20億美元，增加1.03億美元。
- 非應計貸款佔總貸款0.94%（2025年底0.72%），非應計貸款總額8,140萬美元。
- 信貸損失準備對貸款比率1.25%（2025年底1.22%）。
- 季度淨撇帳240萬美元（去年同期470萬美元），撇帳率仍處於歷史低位。
**管理層展望**
- CEO David Harlow表示季度表現創紀錄，受惠於息差擴闊及生息資產增長。非利息收入多數類別穩健，支出符合計劃。
- 季度內宣佈收購SpiritBank，預期第四季度完成並轉換（需監管批准）。
- 經濟前景保持審慎，但撇帳率仍低，信貸準備充足。
**對投資者影響**
業績顯示公司盈利能力持續改善，淨息差擴闊及資產增長帶動收入，但信貸準備增加及非應計貸款比率上升需關注。收購SpiritBank將擴展Tulsa市場份額，有助未來增長。整體基本面穩健，惟需留意經濟環境變化對資產質素的潛在影響。
展開英文正文
EX-99.1 2 banf-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 100 N. Broadway Ave FOR IMMEDIATE RELEASE Oklahoma City, OK 73102 Thursday, July 23, 2026 www.bancfirst.bank BANCFIRST CORPORATION REPORTS SECOND QUARTER EARNINGS BancFirst Corporation (NASDAQ GS: BANF) reported net income of $66.7 million, or $1.96 per diluted share, for the second quarter of 2026 compared to net income of $62.3 million, or $1.85 per diluted share, for the second quarter of 2025. The Company’s net interest income for the three-months ending June 30, 2026 increased to $133.5 million from $121.3 million for the same period in 2025. Higher loan volume and general growth in earning assets were the primary drivers of the change in net interest income. Net interest margin was 3.84% for the second quarter of 2026 compared to 3.75% for the second quarter of 2025. The Company recorded a provision for credit losses of $4.9 million and $1.4 million for the quarter ended June 30, 2026 and 2025, respectively. Noninterest income for the quarter totaled $53.9 million compared to $48.0 million in the same quarter last year. Trust revenue, service charges on deposits, securities transactions, and treasury income each increased when compared to second quarter of 2025. The Company also recorded gains of $2.9 million related to bank owned life insurance claims during the quarter. The increase in noninterest income was partially offset by a decrease in insurance commissions. Noninterest expense grew to $97.5 million for the quarter ended June 30, 2026 compared to $88.2 million in the same quarter in 2025. The increase in noninterest expense was primarily attributable to the growth in salaries and employee benefits of $5.2 million. The total salaries and employee benefits expenses recorded of $60.3 million is after a favorable adjustment to the funded employee benefit trust of $800,000. Also driving the increase in noninterest expense was net expense from other real estate owned, which increased $1.6 million period to period. At June 30, 2026, the Company’s total assets were $15.1 billion, an increase of $243.4 million from December 31, 2025. Loans grew $110.6 million from December 31, 2025, totaling $8.7 billion at June 30, 2026. Deposits totaled $12.8 billion, an increase of $155.9 million from year-end 2025. Sweep accounts totaled $5.0 billion at June 30, 2026, up $100.8 million from December 31, 2025. The Company’s stockholders’ equity stood at $2.0 billion, an increase of $103.0 million from the end of 2025. Nonaccrual loans represented 0.94% of total loans at June 30, 2026, up from 0.72% at year-end 2025. Nonaccrual loans totaled $81.4 million at the end of the second quarter 2026. The allowance for credit losses to total loans was 1.25% at June 30, 2026 and 1.22% at December 31, 2025. Net charge-offs totaled $2.4 million for the quarter compared to $4.7 million for the second quarter last year. BancFirst Corporation CEO David Harlow commented, “The Company enjoyed a record quarter fueled by an expanding margin and earning asset growth. Noninterest income growth was solid across most major categories and expenses were managed in line with plan. We announced the acquisition of SpiritBank during the quarter, adding the Tulsa MSA communities of Bristow and Sapulpa while expanding our presence in the Tulsa market. Pending regulatory approval, a fourth quarter close and conversion is anticipated. Our economic outlook continues to be guarded, although charge-offs remain at historically low levels. With a $4.9 million provision during the quarter, our allowance for credit losses remains at a healthy level.” BancFirst Corporation (the Company) is an Oklahoma based financial services holding company. The Company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank with 109 banking locations serving 62 communities across Oklahoma, Pegasus Bank, a Texas state-chartered bank with three banking locations in the Dallas Metroplex area, and Worthington Bank, a Texas state-chartered bank with 1 three locations in the Fort Worth Metroplex area, one location in Arlington Texas and one location in Denton Texas. More information can be found at www.bancfirst.bank. The Company may make forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings, credit quality, corporate objectives, interest rates and other financial and business matters. Forward-looking statements include estimates and give management’s current expectations or forecasts of future events. The Company cautions readers that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, including economic conditions, the performance of financial markets and interest rates; legislative and regulatory actions and reforms; competition; as well as other factors, all of which change over time. Actual results may differ materially from forward-looking statements. For additional information call: Hannah Andrus, Chief Financial Officer at (405) 218-4174 or David Harlow, Chief Executive Officer at (405) 270-1082. 2 BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) 2026 2026 2025 2025 2025 2nd Qtr 1st Qtr 4th Qtr 3rd Qtr 2nd Qtr Condensed Income Statements: Net interest income $ 133,536 $ 127,605 $ 127,667 $ 125,615 $ 121,256 Provision for credit losses on loans 4,831 2,578 (1,975 ) 4,222 1,239 Provision for/(benefit from) off-balance sheet credit exposures 48 (435 ) 234 216 148 Noninterest income: Trust revenue 6,078 6,057 5,933 5,850 5,795 Service charges on deposits 19,090 18,042 18,393 18,131 17,741 Securities transactions 725 904 964 492 (740 ) Sales of loans 913 780 781 916 830 Insurance commissions 7,481 9,440 7,643 8,954 7,920 Cash management 10,922 10,566 10,120 10,338 10,573 Other 8,740 5,602 9,499 5,185 5,929 Total noninterest income 53,949 51,391 53,333 49,866 48,048 Noninterest expense: Salaries and employee benefits 60,306 58,855 58,570 57,681 55,147 Occupancy expense, net 6,320 6,286 6,946 6,434 6,037 Depreciation 4,988 4,816 4,872 4,725 4,691 Amortization of intangible assets 974 975 836 862 862 Data processing services 2,990 3,448 3,041 2,901 2,985 Net expense from other real estate owned 4,567 3,605 12,044 2,778 2,941 Marketing and business promotion 2,077 2,641 3,121 2,126 2,325 Deposit insurance 1,642 1,847 1,692 1,736 1,675 Other 13,667 14,316 16,268 12,829 11,536 Total noninterest expense 97,531 96,789 107,390 92,072 88,199 Income before income taxes 85,075 80,064 75,351 78,971 79,718 Income tax expense 18,388 17,069 15,854 16,317 17,371 Net income $ 66,687 $ 62,995 $ 59,497 $ 62,654 $ 62,347 Per Common Share Data: Net income-basic $ 1.98 $ 1.88 $ 1.78 $ 1.88 $ 1.87 Net income-diluted 1.96 1.85 1.75 1.85 1.85 Cash dividends declared 0.49 0.49 0.49 0.49 0.46 Common shares outstanding 33,598,745 33,575,976 33,539,032 33,329,247 33,272,131 Average common shares outstanding - Basic 33,586,922 33,557,536 33,423,922 33,310,290 33,255,015 Diluted 34,057,507 34,027,895 33,906,434 33,864,129 33,795,243 Performance Ratios: Return on average assets 1.77 % 1.71 % 1.60 % 1.76 % 1.79 % Return on average stockholders’ equity 13.84 13.59 13.02 14.18 14.74 Net interest margin 3.84 3.74 3.71 3.79 3.75 Efficiency ratio 52.02 54.07 59.33 52.47 52.10 3 BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) 2026 2026 2025 2025 2025 2nd Qtr 1st Qtr 4th Qtr 3rd Qtr 2nd Qtr Balance Sheet Data: Total assets $ 15,082,243 $ 15,116,541 $ 14,838,893 $ 14,198,140 $ 14,045,780 Interest-bearing deposits with banks 4,164,678 4,430,751 4,177,406 3,849,736 3,737,763 Debt securities 1,113,240 886,519 924,948 1,015,941 1,104,604 Total loans 8,655,260 8,596,068 8,544,634 8,287,167 8,124,497 Allowance for credit losses (107,810 ) (105,330 ) (104,299 ) (99,511 ) (96,988 ) Noninterest-bearing demand deposits 4,162,306 4,105,840 3,897,613 3,816,389 3,967,626 Money market and interest-bearing checking deposits 5,442,757 5,605,932 5,610,882 5,393,791 5,301,439 Savings deposits 1,428,690 1,391,142 1,318,062 1,251,394 1,205,602 Time deposits 1,792,537 1,798,187 1,843,836 1,656,813 1,581,525 Total deposits 12,826,290 12,901,101 12,670,393 12,118,387 12,056,192 Stockholders' equity 1,957,097 1,901,912 1,854,125 1,782,801 1,728,038 Book value per common share 58.25 56.65 55.28 53.49 51.94 Tangible book value per common share (non-GAAP)(1) 52.21 50.58 49.20 47.71 46.12 Balance Sheet Ratios: Average loans to deposits 67.02 % 67.02 % 66.43 % 67.32 % 67.11 % Average earning assets to total assets 92.45 92.84 93.00 93.00 92.97 Average stockholders' equity to average assets 12.79 12.60 12.33 12.38 12.14 Asset Quality Data: Past due loans $ 7,077 $ 8,364 $ 8,115 $ 7,959 $ 7,515 Nonaccrual loans (3) 81,420 62,178 61,130 57,266 49,878 Other real estate owned and repossessed assets 61,703 53,649 49,134 53,233 53,022 Nonaccrual loans to total loans 0.94 % 0.72 % 0.72 % 0.69 % 0.61 % Allowance to total loans 1.25 1.23 1.22 1.20 1.19 Allowance to nonaccrual loans 132.41 169.40 170.62 173.77 194.45 Net charge-offs to average loans 0.03 0.02 0.02 0.02 0.05 Reconciliation of Tangible Book Value Per Common Share (non-GAAP)(2): Stockholders' equity $ 1,957,097 $ 1,901,912 $ 1,854,125 $ 1,782,801 $ 1,728,038 Less goodwill 183,388 183,388 182,739 182,263 182,263 Less intangible assets, net 19,408 20,382 21,357 10,548 11,410 Tangible stockholders’ equity (non-GAAP) $ 1,754,301 $ 1,698,142 $ 1,650,029 $ 1,589,990 $ 1,534,365 Common shares outstanding 33,598,745 33,575,976 33,539,032 33,329,247 33,272,131 Tangible book value per common share (non-GAAP) $ 52.21 $ 50.58 $ 49.20 $ 47.71 $ 46.12 (1) Refer to the “Reconciliation of Tangible Book Value per Common Share (non-GAAP)” Table. (2) Tangible book value per common share is stockholders’ equity less goodwill and intangible assets, net, divided by common shares outstanding. This amount is a non-GAAP financial measure but has been included as it is considered to be a critical metric with which to analyze and evaluate the financial condition and capital strength of the Company. This measure should not be considered a substitute for operating results determined in accordance with GAAP. (3) Government Agencies guarantee approximately $7.9 million of nonaccrual loans at June 30, 2026. 4 BancFirst Corporation Summary Financial Information (Dollars in thousands, except per share and share data - Unaudited) Six months ended June 30, 2026 2025 Condensed Income Statements: Net interest income $ 261,141 $ 237,205 Provision for credit losses on loans 7,409 2,700 (Benefit from)/provision for off-balance sheet credit exposures (387 ) 273 Noninterest income: Trust revenue 12,135 11,334 Service charges on deposits 37,132 34,545 Securities transactions 1,629 (1,073 ) Sales of loans 1,693 1,466 Insurance commissions 16,921 18,330 Cash management 21,488 20,624 Other 14,342 11,716 Total noninterest income 105,340 96,942 Noninterest expense: Salaries and employee benefits 119,161 109,740 Occupancy expense, net 12,606 11,790 Depreciation 9,804 9,499 Amortization of intangible assets 1,949 1,748 Data processing services 6,438 5,877 Net expense from other real estate owned 8,172 5,599 Marketing and business promotion 4,718 4,786 Deposit insurance 3,489 3,400 Other 27,983 27,939 Total noninterest expense 194,320 180,378 Income before income taxes 165,139 150,796 Income tax expense 35,457 32,337 Net income $ 129,682 $ 118,459 Per Common Share Data: Net income-basic $ 3.86 $ 3.56 Net income-diluted 3.81 3.51 Cash dividends declared 0.98 0.92 Common shares outstanding 33,598,745 33,272,131 Average common shares outstanding - Basic 33,572,310 33,243,963 Diluted 34,040,322 33,782,069 Performance Ratios: Return on average assets 1.74 % 1.73 % Return on average stockholders’ equity 13.72 14.31 Net interest margin 3.79 3.72 Efficiency ratio 53.02 53.98 5 BancFirst Corporation Consolidated Average Balance Sheets And Interest Margin Analysis Taxable Equivalent Basis (Dollars in thousands - Unaudited) Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 Interest Average Interest Average Average Income/ Yield/ Average Income/ Yield/ Balance Expense Rate Balance Expense Rate ASSETS Earning assets: Loans $ 8,610,837 $ 148,013 6.89 % $ 8,580,750 $ 292,330 6.87 % Securities – taxable 999,677 7,413 2.97 950,975 13,286 2.82 Securities – tax exempt 6,756 68 4.01 7,148 134 3.77 Interest bearing deposits with banks and FFS 4,343,973 40,042 3.70 4,368,252 80,124 3.70 Total earning assets 13,961,243 195,536 5.62 13,907,125 385,874 5.60 Nonearning assets: Cash and due from banks 217,300 221,400 Interest receivable and other assets 1,028,343 988,094 Allowance for credit losses (105,148 ) (104,780 ) Total nonearning assets 1,140,495 1,104,714 Total assets $ 15,101,738 $ 15,011,839 LIABILITIES AND STOCKHOLDERS' EQUITY Interest bearing liabilities: Money market and interest-bearing checking deposits $ 5,499,834 $ 34,602 2.52 % $ 5,546,776 $ 69,920 2.54 % Savings deposits 1,408,443 9,467 2.70 1,379,604 18,405 2.69 Time deposits 1,815,864 16,445 3.63 1,817,743 33,417 3.71 Short-term borrowings 13,798 102 2.97 14,444 244 3.40 Long-term borrowings - - - 3,055 42 2.77 Subordinated debt 86,233 1,031 4.80 86,226 2,061 4.82 Other liabilities 16,747 199 4.76 16,736 332 4.00 Total interest bearing liabilities 8,840,919 61,846 2.81 8,864,584 124,421 2.83 Interest free funds: Noninterest bearing deposits 4,123,897 4,059,407 Interest payable and other liabilities 204,942 182,001 Equity 1,931,980 1,905,847 Total interest free funds 6,260,819 6,147,255 Total liabilities and stockholders’ equity $ 15,101,738 $ 15,011,839 Net interest income $ 133,690 $ 261,453 Net interest spread 2.81 % 2.77 % Effect of interest free funds 1.03 % 1.02 % Net interest margin 3.84 % 3.79 % 6