Shares float of BancFirst Corporation
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on NASDAQ compared to BancFirst Corporation
About BancFirst Corporation
BancFirst Corporation operates as the holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan Banks, Community Banks, and Other Financial Services segments. The company offers a range of deposit services, including checking accounts, negotiable order of withdrawal accounts, savings accounts, money market accounts, sweep accounts, club accounts, individual retirement accounts, and certificates of deposit, as well as overdraft protection and auto draft services. It also provides various loan products, such as commercial loans comprising commercial mortgages, asset-based financing, working capital lines of credit, and small business administration guaranteed loans; consumer loans consisting of automobile, home equity, and other personal loans; home loans in non-metropolitan areas; and agricultural loans. In addition, the company engages in the investment management and administration of trusts for individuals, corporations, and employee benefit plans, as well as serves as bond trustee and paying agent for various Oklahoma municipalities and governmental entities; and provision of item processing, research, and other correspondent banking services for financial institutions and governmental units. Further, it is involved in real estate investment and insurance agency services; and providing funds transfer, collections, safe deposit boxes, cash management, retail brokerage services, and other services for individual and corporate customers. The company serves customers in non-metropolitan trade centers and cities in the metropolitan statistical areas of Oklahoma. It operates through 100 banking locations serving 53 communities in Oklahoma. The company was formerly known as United Community Corporation and changed its name to BancFirst Corporation in November 1988. BancFirst Corporation was incorporated in 1984 and is based in Oklahoma City, Oklahoma.
- BancFirst Corporation, 101 North Broadway, Oklahoma City 73102, United States