BancFirst Q2 net income falls to $50.6 million, or $1.51 per diluted share
BancFirst Corporation reported second-quarter 2024 net income of $50.6 million, or $1.51 per diluted share, down from $55.0 million, or $1.64 per diluted share, a year earlier. Net interest income rose to $109.9 million, but noninterest income fell to $43.9 million, mainly due to an approximate $5.7 million reduction in interchange fees tied to the Durbin Amendment, and noninterest expense rose to $85.3 million.
Key points
- Q2 2024 net income was $50.6 million, or $1.51 per diluted share, versus $55.0 million, or $1.64 per diluted share, in Q2 2023.
- Net interest income increased to $109.9 million from $105.9 million; net interest margin was 3.76% versus 3.87%.
- Noninterest income fell to $43.9 million from $48.0 million, primarily due to an approximate $5.7 million reduction in Durbin Amendment interchange fees.
- Noninterest expense rose to $85.3 million from $81.1 million; total assets were $12.7 billion at June 30, 2024.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 18, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.