BancFirst Corporation (BANF) vs Independent Bank Corp. (INDB)
A side-by-side comparison of BancFirst Corporation and Independent Bank Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — BANF vs INDB
growth of $100 · dividends reinvested · last 10yBANF vs INDB: by the numbers
- •INDB is the larger company ($3.84B vs $3.62B market cap).
- •INDB trades at the lower trailing earnings multiple (14.38 vs 14.53 P/E), one valuation lens rather than an overall verdict.
- •BANF converts more revenue to profit (32.25% vs 21.64% net margin).
- •INDB grew revenue faster over the past five years (20.53% vs 10.17% CAGR).
- •INDB pays the higher dividend yield (3.15% vs 1.85%).
Metrics side by side
Valuation
| Metric | BANF | INDB |
|---|---|---|
| P/E ratio | 14.53 | 14.38 |
| Forward P/E | 13.97 | 11.11 |
| PEG ratio | 0.77 | 3.51 |
| P/S ratio | 4.63 | 3.07 |
| P/B ratio | 1.85 | 1.09 |
Profitability
| Metric | BANF | INDB |
|---|---|---|
| Operating margin | 41.06% | 22.66% |
| Net margin | 32.25% | 21.64% |
| ROE | 12.87% | 7.73% |
BancFirst Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Independent Bank Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | BANF | INDB |
|---|---|---|
| Dividend yield | 1.85% | 3.15% |
| Payout ratio | 26.86% | 45.31% |
Growth (annualized)
| Metric | BANF | INDB |
|---|---|---|
| Revenue CAGR (5Y) | 10.17% | 20.53% |
| EPS CAGR (5Y) | 18.81% | 4.10% |
| Total return CAGR (5Y) | 13.65% | 4.05% |
Frequently asked
- Which has the lower trailing P/E, BANF or INDB?
- INDB has the lower trailing P/E: BANF trades at 14.53 and INDB at 14.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BANF or INDB?
- Over the past five years, INDB grew revenue faster — BANF at a 10.17% CAGR versus INDB at 20.53%.
- Does BANF or INDB pay a bigger dividend?
- BANF yields 1.85% and INDB yields 3.15% based on trailing dividends and the latest price.
- Is BANF or INDB more profitable?
- BANF runs the higher net margin — BANF at 32.25% versus INDB at 21.64%.
- How have BANF and INDB total returns compared?
- Over the past 10 years, BANF delivered 13.69% and INDB delivered 7.05% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BancFirst & Independent Bank appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.