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Is BancFirst (BANF) Stock Outpacing Its Finance Peers This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has BancFirst (BANF - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

BancFirst is one of 824 individual stocks in the Finance sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BANF is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for BANF's full-year earnings has moved 3.68% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BANF has returned 25.12% so far this year. At the same time, Finance stocks have lost an average of 0.92%. This means that BancFirst is outperforming the sector as a whole this year.

Looking more specifically, BANF belongs to the Banks - Southwest industry, a group that includes 10 individual stocks and currently sits at #26 in the Zacks Industry Rank. Stocks in this group have gained about 8.69% so far this year, so BANF is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Finance stocks should continue to pay close attention to BANF as it looks to continue its solid performance.


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