BancFirst Historical Income Statement
| BANF Stock | USD 82.01 0.74 0.91% |
Historical analysis of BancFirst income statement accounts such as Interest Expense of 3.9 M, Selling General Administrative of 216.1 M or Total Revenue of 832.3 M can show how well BancFirst performed in making a profits. Evaluating BancFirst income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BancFirst's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BancFirst latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BancFirst is a good buy for the upcoming year.
BancFirst |
About BancFirst Income Statement Analysis
BancFirst Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BancFirst shareholders. The income statement also shows BancFirst investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
BancFirst Income Statement Chart
BancFirst Income Statement is one of the three primary financial statements used for reporting BancFirst's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BancFirst revenue and expense. BancFirst Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BancFirst's Gross Profit is most likely to increase significantly in the upcoming years. The BancFirst's current Other Operating Expenses is estimated to increase to about 548.9 M, while Interest Expense is projected to decrease to roughly 3.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts BancFirst generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of BancFirst minus its cost of goods sold. It is profit before BancFirst operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from BancFirst operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BancFirst is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from BancFirst's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BancFirst current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, BancFirst's Gross Profit is most likely to increase significantly in the upcoming years. The BancFirst's current Other Operating Expenses is estimated to increase to about 548.9 M, while Interest Expense is projected to decrease to roughly 3.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.4M | 46.1M | 4.1M | 3.9M | Depreciation And Amortization | 20.0M | 22.0M | 22.2M | 11.2M |
BancFirst income statement Correlations
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BancFirst Account Relationship Matchups
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BancFirst income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 16.3M | 18.4M | 20.0M | 22.0M | 22.2M | 11.2M | |
| Interest Expense | 54.7M | 20.4M | 11.4M | 46.1M | 4.1M | 3.9M | |
| Selling General Administrative | 154.2M | 166.8M | 170.2M | 189.7M | 205.8M | 216.1M | |
| Total Revenue | 419.2M | 443.9M | 485.7M | 557.4M | 792.7M | 832.3M | |
| Gross Profit | 419.2M | 443.9M | 485.7M | 557.4M | 593.9M | 623.6M | |
| Other Operating Expenses | 249.6M | (320.4M) | (277.3M) | (320.0M) | 522.8M | 548.9M | |
| Operating Income | 169.6M | 123.5M | 208.4M | 237.4M | 273.0M | 286.7M | |
| Ebit | 202.5M | 169.6M | 123.5M | 208.4M | 237.4M | 0.0 | |
| Ebitda | 185.9M | 141.9M | 228.4M | 259.5M | 22.2M | 21.1M | |
| Total Operating Expenses | (249.6M) | (320.4M) | (277.3M) | (320.0M) | 76.9M | 80.7M | |
| Income Before Tax | 169.6M | 123.5M | 208.4M | 237.4M | 269.9M | 283.4M | |
| Total Other Income Expense Net | 169.6M | 123.5M | 208.4M | 237.4M | 269.9M | 283.4M | |
| Net Income | 134.9M | 99.6M | 167.6M | 193.1M | 212.5M | 223.1M | |
| Income Tax Expense | 34.7M | 23.9M | 40.8M | 44.3M | 57.5M | 60.4M | |
| Net Income Applicable To Common Shares | 134.9M | 99.6M | 167.6M | 193.1M | 222.1M | 233.2M | |
| Selling And Marketing Expenses | 8.6M | 7.0M | 7.4M | 8.1M | 9.1M | 7.3M | |
| Net Income From Continuing Ops | 134.9M | 99.6M | 167.6M | 193.1M | 212.5M | 127.5M | |
| Tax Provision | 34.7M | 23.9M | 40.8M | 44.3M | 57.5M | 43.7M | |
| Net Interest Income | 281.9M | 306.7M | 315.7M | 373.7M | 424.5M | 315.7M | |
| Interest Income | 336.7M | 306.7M | 315.7M | 373.7M | 623.9M | 357.8M | |
| Reconciled Depreciation | 16.0M | 18.4M | 20.0M | 22.0M | 22.2M | 19.5M |
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
| 0.82 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.9 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.8 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against BancFirst Stock
| 0.69 | TECTP | Tectonic Financial | PairCorr |
| 0.64 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.56 | CFG-PD | Citizens Financial | PairCorr |
| 0.48 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.43 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
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.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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for BancFirst Stock analysis
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 (0.14) | Dividend Share 1.66 | Earnings Share 6.34 | Revenue Per Share 18.299 | Quarterly Revenue Growth (0.04) |
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.