Bancfirst vs First Merchants
Bancfirst and First Merchants are similar in size: $691m and $663m of revenue in their latest fiscal years. Bancfirst grew faster (9.4% against 2.5%). Bancfirst kept more of each dollar of sales as profit: a net margin of 34.8% against 34.1%.
| Latest fiscal year | BancfirstBANF, 2025 | First MerchantsFRME, 2025 |
|---|---|---|
| Revenue | $691m | $663m |
| Revenue growth | 9.4% | 2.5% |
| Net income | $241m | $226m |
| Operating margin | — | — |
| Net margin | 34.8% | 34.1% |
| Return on equity | 13.8% | 9.5% |
| Free cash flow | $237m | — |
| Cash | — | $84.2m |
| Total debt | $10.0m | $1000m |
| Debt to equity | — | — |
| Dividend per share | $1.90 | $1.43 |
| Dividend yield | 1.7% | 3.5% |
| Share buybacks | — | $46.9m |
| Employees | 2,260 | 2,086 |
| Market value | $3.78bn | $2.56bn |
| Price vs our value range | — | — |
| Moat score | 87 (Strong) | 74 (Strong) |
| Insider trades, 12 months | 0 buys, 16 sales | 0 buys, 9 sales |