Ronald Norick - BancFirst Independent Director

BANF Stock  USD 92.36  1.08  1.18%   

Director

Mr. Ronald J. Norick is Independent Director of BancFirst Corporationrationration. He is the Controlling Manager of Norick Investment Company, LLC, a family financial management company. He was the Mayor of Oklahoma City from April 1987 to April 1998. He was also President of Norick Brothers, Inc. from 1981 to 1992. Mr. Norick has formerly served as a director of two banks, including City Bank, Oklahoma City, Oklahoma since 2002.
Age 76
Tenure 22 years
Address 100 North Broadway Avenue, Oklahoma City, OK, United States, 73102
Phone405 270 1086
Webhttps://www.bancfirst.bank
Norick’s extensive business and management experience, together with his prior experience as a bank director, his political acumen, and his knowledge and awareness of the Oklahoma City market, make him well qualified to serve as a director.

BancFirst Management Efficiency

The company has return on total asset (ROA) of 0.0172 % which means that it generated a profit of $0.0172 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1583 %, meaning that it created $0.1583 on every $100 dollars invested by stockholders. BancFirst's management efficiency ratios could be used to measure how well BancFirst manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.01. The current Return On Capital Employed is estimated to decrease to 0.04. At this time, BancFirst's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The BancFirst's current Other Current Assets is estimated to increase to about 2.7 B, while Intangible Assets are projected to decrease to roughly 15 M.
The company currently holds 95.29 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Debt can assist BancFirst until it has trouble settling it off, either with new capital or with free cash flow. So, BancFirst's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BancFirst sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BancFirst to invest in growth at high rates of return. When we think about BancFirst's use of debt, we should always consider it together with cash and equity.

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BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. BancFirst Corporation was incorporated in 1984 and is headquartered in Oklahoma City, Oklahoma. Bancfirst Corp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1948 people. BancFirst (BANF) is traded on NASDAQ Exchange in USA. It is located in 100 North Broadway Avenue, Oklahoma City, OK, United States, 73102 and employs 2,109 people. BancFirst is listed under Regional Banks category by Fama And French industry classification.

Management Performance

BancFirst Leadership Team

Elected by the shareholders, the BancFirst's board of directors comprises two types of representatives: BancFirst inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BancFirst. The board's role is to monitor BancFirst's management team and ensure that shareholders' interests are well served. BancFirst's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BancFirst's outside directors are responsible for providing unbiased perspectives on the board's policies.
Francis Keating, Director
Natalie Shirley, Independent Director
Ronald Norick, Independent Director
Gordon Greer, Vice Chairman of the Board
Ralph McCalmont, Independent Director
William Martin, Independent Director
Dennis Brand, Sr. Executive VP, Director, Member of Executive Committee, CEO of BancFirst and President of BancFirst and Director of BancFirst
Roy Ferguson, Regional Executive of BancFirst
Michael Wallace, Independent Director
Jay Hannah, Executive Vice President - Financial Services of BancFirst
Michael Samis, Director
Scott Copeland, Executive Vice President Head - Operations of BancFirst
Paul Fleming, Executive Vice President and Chief Internal Auditor
William Johnstone, Vice Chairman, CEO of Council Oak Partners Llc and Director of Banc First
Kelly Foster, Senior Vice President Chief Compliance Officer
Wayne Cardwell, Regional Executive of BancFirst
John Anderson, Regional Executive of BancFirst
Rainey Williams, Lead Independent Director
Robin Roberson, Independent Director
David Lopez, Independent Director
Donald Halverstadt, Independent Director
Joseph Ford, Director
Tom McCasland, Independent Director
Randy Foraker, Chief Risk Officer, Executive VP, Assistant Secretary, Chief Risk Officer of Bancfirst, Executive VP of Bancfirst and Assistant Secretary of Bancfirst
Robin Smith, Director
Scott Martin, Independent Director
Mark Gish, Regional Executive, BancFirst
Karen James, Regional Executive of BancFirst
David Seat, Regional Executive of BancFirst
Darryl Schmidt, Executive VP, Director of Community Banking, Member of Executive Committee and Director of BancFirst
Laura Ratliff, Advisory Director
Kevin Lawrence, CFO, Treasurer
Dara Wanzer, Senior Vice President of Human Resources, BancFirst
Marion McMillan, Regional Executive of BancFirst
Harvey Robinson, Regional Executive of BancFirst
Harry Smith, President Bank
David Rainbolt, CEO and President Director, Member of Executive Committee, Member of Board Issues Committee and Chairman of Bancfirst
Michael Rogers, Executive Vice President - Human Resources of BancFirst
Frank Keating, Director
John Barton, Regional Executive, BancFirst
Ford Drummond, Independent Director
Brian Pierson, Senior Secretary
William Crawford, Director
Jennifer Weast, Senior Vice President Controller
Kent Faison, Pres Capital
Kendal Starks, Regional Executive of BancFirst
Paul Odom, Independent Director
David Harlow, Member of Executive Committee, Regional Executive of Bancfirst and Director of Bancfirst
Dale Petersen, Executive Vice President - Asset Quality of BancFirst
C Craig, Independent Director
James Daniel, Vice Chairman of the Board
Gregory Wedel, Director
David Westman, Executive Vice President and CTO of BancFirst
Bill Lance, Independent Director
Robert Neville, Executive Vice President - Investments of BancFirst

BancFirst Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BancFirst a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BancFirst in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BancFirst's short interest history, or implied volatility extrapolated from BancFirst options trading.

Pair Trading with BancFirst

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BancFirst position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BancFirst will appreciate offsetting losses from the drop in the long position's value.

Moving together with BancFirst Stock

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Moving against BancFirst Stock

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The ability to find closely correlated positions to BancFirst could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BancFirst when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BancFirst - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BancFirst to buy it.
The correlation of BancFirst is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BancFirst moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BancFirst moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BancFirst can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BancFirst is a strong investment it is important to analyze BancFirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BancFirst's future performance. For an informed investment choice regarding BancFirst Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BancFirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running BancFirst's price analysis, check to measure BancFirst's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BancFirst is operating at the current time. Most of BancFirst's value examination focuses on studying past and present price action to predict the probability of BancFirst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BancFirst's price. Additionally, you may evaluate how the addition of BancFirst to your portfolios can decrease your overall portfolio volatility.
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Is BancFirst's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BancFirst. If investors know BancFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BancFirst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1.69
Earnings Share
6.34
Revenue Per Share
18.059
Quarterly Revenue Growth
(0.05)
The market value of BancFirst is measured differently than its book value, which is the value of BancFirst that is recorded on the company's balance sheet. Investors also form their own opinion of BancFirst's value that differs from its market value or its book value, called intrinsic value, which is BancFirst's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BancFirst's market value can be influenced by many factors that don't directly affect BancFirst's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BancFirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if BancFirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BancFirst's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.