Revenue Update on BancFirst Corporation(NASDAQ:BANF)

BancFirst Corporation(NASDAQ:BANF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Company reported revenue of $76.92M. Analysts estimated a revenue of $75.39M. Earnings per share were $1.10. Analysts had estimated an EPS of $1.04.

BancFirst Corporation (BANF) shares turned negative on Wednesdays trading session with the shares closing down -0.05 points or -0.08% at a volume of 9,952. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $62.47. The peak price level was also seen at $62.47 while the days lowest was $61.63. Finally the shares closed at $62.07. The 52-week high of the shares is $67.64 while the 52-week low is $51.14. According to the latest information available, the market cap of the company is $965 M.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, Darryl Schmidt (Executive Vice President) sold 2,000 shares at $63.03 per share price.Also, On May 3, 2016, J Ralph Mccalmont (Director) sold 10,000 shares at $61.07 per share price.On Apr 6, 2016, David Westman (EVP Chief Technology Officer) sold 2,500 shares at $57.08 per share price, according to the Form-4 filing with the securities and exchange commission.

BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal wholly owned subsidiary BancFirst (the Bank) a state-chartered bank. The Bank provides retail and commercial banking services including commercial real estate agricultural and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; retail brokerage services and other services tailored for both individual and corporate customers. The Bank also offers trust services and acts as executor administrator trustee transfer agent and in various other fiduciary capacities. Through its Technology and Operations Center the Bank provides item processing research and other correspondent banking services to financial institutions and governmental units. The Company has four principal business units: metropolitan banks community banks other financial services and executive operations and support.

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