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Bancfirst vs Merchants Bancorp

Bancfirst and Merchants Bancorp are similar in size: $691m and $681m of revenue in their latest fiscal years. Bancfirst grew faster (9.4% against 1.6%). Bancfirst kept more of each dollar of sales as profit: a net margin of 34.8% against 32.1%.

Latest fiscal yearBancfirstBANF, 2025Merchants BancorpMBIN, 2025
Revenue $691m $681m
Revenue growth 9.4% 1.6%
Net income $241m $219m
Operating margin — —
Net margin 34.8% 32.1%
Return on equity 13.8% 9.7%
Free cash flow $237m −$362m
Cash — $212m
Total debt $10.0m $3.84bn
Debt to equity — —
Dividend per share $1.90 —
Dividend yield 1.7% 2.5%
Share buybacks — —
Employees 2,260 735
Market value $3.78bn $2.40bn
Price vs our value range — —
Moat score 87 (Strong) 76 (Strong)
Insider trades, 12 months 0 buys, 16 sales 0 buys, 34 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.