BancFirst Corp. (BANF) Tops Q2 EPS by 20c

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Go back to BancFirst Corp. (BANF) Tops Q2 EPS by 20c

BancFirst Corporation Reports Second Quarter Earnings

July 16, 2020 4:30 PM EDT

OKLAHOMA CITY, July 16, 2020 /PRNewswire/ -- BancFirst Corporation (NASDAQ GS: BANF) reported net income of $20.7 million, or $0.63 diluted earnings per share, for the second quarter of 2020 compared to net income of $34.2 million, or $1.02 diluted earnings per share, for the second quarter of 2019. The results for the second quarter of 2020 were negatively impacted by a higher provision for loan losses. The second quarter of 2020 includes the net income of Pegasus Bank in Dallas, Texas, which was acquired on August 15, 2019, and the income and expenses associated with the purchase of assets and assumption... More