BANF FY 2015 Earnings Report — BancFirst Corporation Revenue & Financial Results | Market Cap Arena

BancFirst CorporationBANF

FY 2015 Earnings

Reported March 11, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$307M	—	$291M	—	5.6%
Op. Income	$101M	—	$91M	—	11.0%
Gross Margin	93.5%	—	94.5%	—	-1.0pp
Net Margin	21.6%	—	22.0%	—	-0.4pp
EPS (Diluted)	$2.08	—	$2.02	—	3.0%
Free Cash Flow	$67M	—	$65M	—	2.2%

Revenue Flow

Item	Amount
REVENUE	$307M
Cost of Revenue	$20M
GROSS PROFIT	$287M
R&D Expenses	$0
Selling & Marketing	$7M
General & Administrative	$116M
SG&A Expenses	$123M
Other Expenses	$62M
Operating Expenses	$186M
Cost & Expenses	$206M
OPERATING INCOME	$101M
Interest Income	$201M
Interest Expense	$12M
Other Income/Expenses	$0
INCOME BEFORE TAX	$101M
Income Tax Expense	$35M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$66M
D&A	$12M
EBIT	$101M
EBITDA	$113M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$307M
Cost of Revenue	$20M
GROSS PROFIT	$287M
R&D Expenses	$0
Selling & Marketing	$7M
General & Administrative	$116M
SG&A Expenses	$123M
Other Expenses	$62M
Operating Expenses	$186M
Cost & Expenses	$206M
OPERATING INCOME	$101M
Interest Income	$201M
Interest Expense	$12M
Other Income/Expenses	$0
INCOME BEFORE TAX	$101M
Income Tax Expense	$35M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$66M
D&A	$12M
EBIT	$101M
EBITDA	$113M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$66M
Depreciation & Amortization	$12M
Stock-Based Compensation	$2M
Deferred Income Tax	-$2M
Other Non-Cash Items	$1M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$78M
Capital Expenditure	-$11M
Acquisitions (Net)	-$4M
Purchases of Investments	-$93M
Sales/Maturities of Investments	$69M
Other Investing Activities	-$226M
NET CASH FROM INVESTING	-$265M
Net Debt Issuance	-$3M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$21M
Other Financing Activities	-$106M
NET CASH FROM FINANCING	-$129M
FREE CASH FLOW	$67M
Net Change in Cash	-$316M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.6B
Short-Term Investments	$0
Net Receivables	$133M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$127M
Goodwill	$54M
Intangible Assets	$16M
Long-Term Investments	$4.8B
Tax Assets	$0
Other Non-Current Assets	$8M
TOTAL NON-CURRENT ASSETS	$5.0B
TOTAL ASSETS	$6.7B
Account Payables	$32M
Short-Term Debt	$500.0K
Deferred Revenue	$0
Other Current Liabilities	$6.0B
TOTAL CURRENT LIABILITIES	$6.0B
Long-Term Debt	$32M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$32M
TOTAL LIABILITIES	$6.0B
Common Stock	$16M
Additional Paid-In Capital	$103M
Retained Earnings	$536M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$656M
Minority Interest	$0
TOTAL EQUITY	$656M
TOTAL LIABILITIES & EQUITY	$6.7B
Total Debt	$32M
Net Debt	-$1.6B