BANF (BancFirst) Retained Earnings : $1,392.6 Mil (As of Sep. 2024)

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What is BancFirst Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BancFirst's retained earnings for the quarter that ended in Sep. 2024 was $1,392.6 Mil.

BancFirst's quarterly retained earnings increased from Mar. 2024 ($1,312.5 Mil) to Jun. 2024 ($1,348.9 Mil) and increased from Jun. 2024 ($1,348.9 Mil) to Sep. 2024 ($1,392.6 Mil).

BancFirst's annual retained earnings increased from Dec. 2021 ($977.1 Mil) to Dec. 2022 ($1,120.3 Mil) and increased from Dec. 2022 ($1,120.3 Mil) to Dec. 2023 ($1,276.3 Mil).

BancFirst Retained Earnings Historical Data

The historical data trend for BancFirst's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BancFirst Retained Earnings Chart

BancFirst Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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815.49

871.16

977.07

1,120.29

1,276.31

BancFirst Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															1,241.53	1,276.31	1,312.46	1,348.91	1,392.57

BancFirst Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

BancFirst (NAS:BANF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

BancFirst Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BancFirst Corp (NAS:BANF) » Definitions » Retained Earnings

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BF1:Germany

Address

101 North Broadway Avenue, Oklahoma City, OK, USA, 73102

Website

https://www.bancfirst.bank

BancFirst Corp is engaged in providing banking services. The company's business unit includes metropolitan banks, community banks, Pegasus Bank, Worthington, other financial services, and executive, operations and support. Metropolitan banks, community banks, Pegasus, and Worthington offer traditional banking products such as commercial and retail lending, and a full line of deposit accounts. Other financial services are specialty product business units including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking, and insurance.

Executives

William Scott Martin	director, Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dennis Jay Hannah	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73120
Leslie Jeannine Rainbolt	director, 10 percent owner	100 N. BROADWAY, OKLAHOMA CITY OK 73102
Main Street Banking Partners Lp	10 percent owner	100 N BROADWAY, OKLAHOMA CITY OK 73102
David E Rainbolt	director, 10 percent owner, officer: President and CEO	C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Randy Foraker	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dave R Lopez	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Darryl Schmidt	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Kevin Lawrence	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Scott Copeland	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Mautra Staley Jones	director, Director	101 N. BROADWAY, OKLAHOMA CITY OK 73102
Robin Noel Smith	director, Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Joe Goyne	director, officer: Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dennis L Brand	director, officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
H E Rainbolt	director, officer: Chairman	100 N BROADWAY, OKLAHOMA CITY OK 73102