BancFirst Corp. (BANF) Tops Q4 EPS by 4c

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BancFirst Corporation Reports Fourth Quarter Earnings

January 17, 2019 4:30 PM EST

OKLAHOMA CITY, Jan. 17, 2019 /PRNewswire/ -- BancFirst Corporation (NASDAQ GS: BANF) reported net income of $32.7 million, or $0.98 diluted earnings per share, for the fourth quarter of 2018 compared to net income of $19.5 million, or $0.59 diluted earnings per share, for the fourth quarter of 2017. Net income for the fourth quarter of 2017 included a write down on deferred tax assets of $4.3 million due to the signing of the Tax Cuts and Jobs Act, which reduced the corporate tax rate beginning in 2018. Net income for the year ended December 31, 2018 was $125.8 million, or $3.76 diluted earnings per share,... More