BANKFIRST CAPITAL CORPORATION Reports Third Quarter 2026 Earnings of $8.53 Million
Key Highlights
- ➤Q3 net income $8.53 million, EPS $1.47, versus $5.20 million and $0.83 year-over-year
- ➤Net interest income reached $30.45 million, increasing 5% year-over-year
- ➤Gross loans rose 7% to $2.35 billion year-over-year
- ➤ECIP Deep Impact Condition met for 16 consecutive quarters, enabling Senior Preferred repurchase option
- ➤Company targets a 0.50% ECIP dividend rate by June 15, 2027, versus current 1.25%
Expert Statements
Moak Griffin, President and Chief Executive Officer of BankFirst Capital Corporation and BankFirst Financial Services
“We delivered steady results during the third quarter of 2026, where we increased our net income compared to the prior year period, held our balance sheet steady and maintained our cost of funds despite the remaining inflationary pressures and the resulting impact on consumers. Furthermore, credit quality remains strong and we remain well above the regulatory thresholds to be deemed 'well-capitalized.' Even though rising interest rates in the United States continue to contribute to the uncertain economic environment, we believe the Bank is in a favorable position to capitalize on opportunities to pursue disciplined growth opportunities.”
BANKFIRST CAPITAL CORPORATION Reports Third Quarter 2026 Earnings of $8.53 Million PR Newswire
COLUMBUS, Miss., Oct. 28, 2026 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX: BFCC) ("BankFirst" or the "Company"), parent company of BankFirst Financial Services, Macon, Mississippi (the "Bank"), reported net income of $8.53 million, or $1.47 per common share, for the third quarter of 2026, compared to net income of $8.66 million, or $1.48 per common share, for the second quarter of 2026, and compared to net income of $5.20 million, or $0.83 per common share, for the third quarter of 2025. The Company also reported net income for the nine months ended September 30, 2026 of $25.58 million, or $4.38 per common share, compared to net income of $18.5 million, or $2.88 per common share, for the nine months ended September 30, 2025.
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