BancFirst (BANF) investor relations material

Executive summary

• Achieved record net income of $66.7 million ($1.96 per diluted share) for Q2 2026, up from $62.3 million ($1.85 per diluted share) in Q2 2025, driven by higher loan volume and earning asset growth.

• Net interest income rose to $133.5 million from $121.3 million year-over-year, with net interest margin expanding to 3.84% from 3.75%.

• Noninterest income increased to $53.9 million, supported by gains in trust revenue, service charges, securities transactions, and treasury income.

• Announced acquisition of SpiritBank, expanding presence in the Tulsa market, with closing expected in Q4 2026 pending regulatory approval.

Financial highlights

• Net income for Q2 2026 was $66.7 million, up 7% year-over-year.

• Net interest income increased 10% year-over-year to $133.5 million.

• Noninterest expense rose to $97.5 million, mainly due to higher salaries and employee benefits.

• Total assets reached $15.1 billion, loans grew to $8.7 billion, and deposits increased to $12.8 billion as of June 30, 2026.

• Stockholders' equity rose to $2.0 billion, up $103 million from year-end 2025.

Outlook and guidance

• Management maintains a guarded economic outlook, citing historically low charge-offs and a healthy allowance for credit losses.

• SpiritBank acquisition expected to close in Q4 2026, pending regulatory approval.