BANF

BancFirst Corporation operates as a bank holding company providing commercial banking services to retail customers, small businesses, and commercial entities across Oklahoma through its subsidiary BancFirst. Founded in 1984 and headquartered in Oklahoma City, BancFirst operates over 100 banking locations spanning metropolitan and rural communities throughout Oklahoma, making it the state's largest statewide community bank. The company offers traditional banking products including checking and savings accounts, certificates of deposit, residential and commercial mortgages, construction loans, agricultural lending, consumer loans, treasury management, and wealth management services. BancFirst emphasizes community banking values including local decision-making, relationship-based service, and community involvement, differentiating from larger regional banks using centralized credit approval and standardized product offerings. The company reported total assets exceeding $10 billion with strong profitability metrics including return on assets of 1.5-2% and return on equity exceeding 15%, reflecting prudent risk management, operational efficiency, and favorable market positioning. BancFirst generates revenues primarily through net interest income supplemented by fees from treasury management, wealth management, mortgage origination, and other banking services. The company's loan portfolio diversifies across commercial real estate, commercial and industrial lending, residential mortgages, and agricultural loans, with geographic concentration in Oklahoma creating exposure to state economic conditions heavily influenced by energy sector activity including oil and gas production. Recent strategic priorities include selective expansion into attractive Oklahoma markets, digital banking investments improving customer convenience, operating efficiency initiatives leveraging technology to reduce costs, and maintaining strong capital ratios supporting organic growth and shareholder distributions including consistent dividend payments. BancFirst faces competition from national banks, regional institutions, and community banks operating across Oklahoma, plus fintech companies offering digital banking alternatives. The company benefits from deep Oklahoma roots, extensive branch network, and strong brand recognition built over decades serving communities statewide.