BancFirst was recently named as a top performing bank in the country, according to Forbes magazine. “America’s Best and Worst Banks,” an article written by Kurt Badenhausen, ranked 100 of the largest publicly traded banks and thrifts nationwide. BancFirst ranked 13 on 2014 list, maintaining its position from the 2013 list. BancFirst remains the top ranked Oklahoma-based bank on the Forbes annual list.
Forbes utilized financial data provider SNL Financial to supply the information used to rank the banks on the list. Nine metrics were used to establish the rankings including asset quality, capital adequacy and profitability. The data collected was based on regulatory filings of banks and thrifts.
Regarding this recognition, BancFirst Guthrie president, LaVerne Dowding said, “To receive this designation for the third consecutive year shows BancFirst’s stability and commitment to the financial health of our company.” Dowding went on to say,”Earlier this year, Forbes named BancFirst as a national leader in customer privacy. Third party recognition like this – especially from such a well-respected business publication – demonstrates loyalty to our customers, our community and our state.”
The complete Forbes magazine article can be found at http://www.forbes.com/sites/kurtbadenhausen/2013/12/19/full-list-americas-best-and-worst-banks-2014/
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