BancFirst (NASDAQ: BANF) taps new accounting head, declares dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
BancFirst Corporation is making a leadership change and returning cash to shareholders. The board appointed Hannah Andrus as Principal Accounting Officer effective March 1, 2026, following the retirement of long-time Principal Accounting Officer Randy Foraker effective February 27, 2026.
The board also declared a quarterly cash dividend of $0.49 per share on common stock, payable April 15, 2026 to shareholders of record on March 31, 2026. In addition, BancFirst will pay interest on $26.8 million of its 7.20% junior subordinated debentures, funding a $0.45 per share dividend on BFC Capital Trust II preferred securities on the same record and payment dates.
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8-K Event Classification
2 items: 5.02, 7.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
FAQ
What leadership change did BancFirst (BANF) announce in this filing?
BancFirst announced that Hannah Andrus will become Principal Accounting Officer effective March 1, 2026, replacing Randy Foraker, who retired from the role effective February 27, 2026. This shifts responsibility for the company’s accounting function to new leadership.
What quarterly dividend did BancFirst (BANF) declare on its common stock?
BancFirst’s board declared a $0.49 per share cash dividend on its common stock. The dividend will be paid on April 15, 2026 to shareholders who are on the company’s records as of the close of business on March 31, 2026.
When are the record date and payment date for BancFirst (BANF) common stock dividend?
Shareholders of record on March 31, 2026 will be eligible to receive BancFirst’s common stock dividend. The $0.49 per share cash dividend is scheduled to be paid on April 15, 2026, aligning with the company’s regular quarterly distribution schedule.
What distributions relate to BFC Capital Trust II in the BancFirst (BANF) filing?
BancFirst will pay quarterly interest on $26.8 million of its 7.20% junior subordinated debentures. BFC Capital Trust II will use these funds to pay a $0.45 per share dividend on its trust preferred securities on April 15, 2026 to holders of record on March 31, 2026.
Who is Hannah Andrus in relation to BancFirst (BANF)?
Hannah Andrus has been appointed Principal Accounting Officer of BancFirst effective March 1, 2026. She joined BancFirst in 2024 after serving as an Assurance Senior Manager at Ernst & Young LLP, and holds accounting degrees from Southern Methodist University as a Certified Public Accountant.
When did BancFirst’s prior Principal Accounting Officer retire?
Randy Foraker, who had served as BancFirst’s Principal Accounting Officer since April 1, 2015, retired from his position effective February 27, 2026. His retirement coincides with the transition of accounting leadership to newly appointed Principal Accounting Officer Hannah Andrus.