Newspaper article THE JOURNAL RECORD

Net Income Falls at BancFirst

Newspaper article THE JOURNAL RECORD

Net Income Falls at BancFirst

Article excerpt

OKLAHOMA CITY (JR) - BancFirst Corp. on Thursday reported net income for the second quarter of $17.5 million, or $1.10 per diluted share, down from $18.6 million, or $1.17 per diluted share, for the second quarter of 2015.

Results for second quarter of 2015 included a $5.3 million gain from the sale of an equity investment by Council Oak Partners, a wholly owned subsidiary.

Net income for the six months of 2016 totaled $34.1 million, or $2.15 per diluted share, down from $34.8 million, or $2.20 per diluted share, for the first half of 2015.

Net interest income for the second quarter increased to $50.9 million from $46.2 million for the second quarter of 2015. The net interest margin for the quarter was 3.28 percent, compared with 3.07 percent a year earlier.

The provision for loan losses for the second quarter increased to $2. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.