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Slide 2: BancFirst Corporation Profile
BancFirst Corporation Profile Relationship Banking • More Oklahoma households bank with BancFirst than any other bank • Overwhelmingly funded by core deposits • 109 locations in 64 Oklahoma communities including the MSAs of Oklahoma City, Tulsa, Muskogee and Lawton • Pegasus Bank and Worthington Ban
Slide 3: BancFirst Corporation Profile
BancFirst Corporation Profile Conservative Credit Culture • Aggressive loan review function • Proactive portfolio management • Historically low problem loan and charge off ratios Acquisition and Integration Strategy • Communities with a diversified employment base and reasonable growth • Disciplined
Slide 4: 2025 Highlights
2025 Highlights • Organic loan growth was 3.3% during 2025 • Asset quality remained strong as net charge-offs to average loans was 0.10% while nonperforming and restructured loans to total loans was 0.81% • Net interest margin was 3.74% during 2025 • Over 31 consecutive years of dividend growth • Co
Slide 5: Expansion to Texas
Expansion to Texas Pegasus Bank | Dallas, TX Worthington Bank | Forth Worth, TX • Pegasus Bank and Worthington Bank operate as separate Texas state-charter banks under consolidated BANF, each bank has a separate board and management team • These banks add the high-growth MSA of Dallas-Fort Worth to
Slide 6: Pegasus & Worthington Total Deposits
PEGASUS & WORTHINGTON TOTAL DEPOSITS $2,500,000 $2,000,000 $1,500,000 $1,000,000 ($ in Thousands) $500,000 $0 6
Slide 7: Pegasus & Worthington Total Loans
PEGASUS & WORTHINGTON TOTAL LOANS $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 ($ in Thousands) $400,000 $200,000 $0 • Average annual loan growth was 12.1% over the last 10 years • Loans decreased $16.6 million during the first six-months of 2026 over year-end December 2025. 7
Slide 8: BancFirst Locations
BancFirst. CORPORATION | BancFirst Locations Blade + Bartlesi StiatooksCotinvien + 109 Staffed Offices + 64Communities + 32 Counties + 25 County seat communities + Over 250 Free ATMs including Oklahoma Walgreens and Costco stores. Oklahoma locations only. 2.26 +=Stitwater Sand Spris Jenks Luther ‘We
Slide 9: Primary Risk Factors
Primary Risk Factors • Changes to the regional economy • Interest rate fluctuations and shifts in deposit mix • Ongoing pressure to non-interest income and expense, including cost associated with compliance and regulatory requirements • Changes in consumer behavior, including spending, borrowing and
Slide 10: Oklahoma Economic Overview
Oklahoma Economic Overview *Monthly receipts were up $86.0 million or 5.8% from June 2026 vs. 2025. Source: Oklahoma.gov/treasurer 10
Slide 11: Oklahoma Economic Overview
Oklahoma Economic Overview Unemployment Rate 2000 – 2026 April *Oklahoma Unemployment was 4.0% in April 2026. Source: Oklahoma.gov/treasurer 11
Slide 12: Dallas Overview
Dallas Overview *The Dallas unemployment rate was 4.3%, the same as the Texas jobless rate, but slightly above the US unemployment rate of 4.2%. 12
Slide 13: Fort Worth - Arlington Overview
Fort Worth - Arlington Overview *The Fort Worth - Arlington unemployment rate was 4.0%, lower than the Texas unemployment rate of 4.3% and the US unemployment rate of 4.2%. 13
Slide 14: Energy Prices
Energy Prices Oil Price Gas Price Energy Prices $120.00 $16.00 $14.00 $100.00 $12.00 $80.00 $10.00 $60.00 $8.00 $6.00 $40.00 $4.00 $20.00 $2.00 $0.00 $0.00 7/22/22 1/22/23 7/22/23 1/22/24 7/22/24 1/22/25 7/22/25 1/22/26 7/22/26 Oil Natural Gas 14
Slide 15: Liquidity
Liquidity 5,000 35.0% 4,500 30.0% 4,000 3,500 25.0% 3,000 20.0% 2,500 15.0% 2,000 (Cash in Millions) 1,500 10.0% 1,000 5.0% 500 - 0.0% Total Cash Total Cash/Total Assets 15
Slide 16: Liquidity Portfolio
Liquidity Portfolio High-Quality Liquidity Portfolio: $5.5 billion U.S Treasury 19%(1) • Portfolio used exclusively as an on-balance sheet source of liquidity: • 35% unencumbered • 65% pledged as collateral for public funds on Other Securities deposit, repurchase agreements and for other 1%(1) purpo
Slide 17: Total Loans
Total Loans $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 ($ in Millions) $3,000 $2,000 $1,000 $0 • Average annual loan growth was 7.1% over the last 10 years. • Loans increased by 6.4% in 2025. 17
Slide 18: Loan Portfolio Composition
Loan Portfolio Composition Agriculture, 6% Real Estate 69.1% total loans Comm Non-RE, 16% • 1-4 family not construction: 21.6% • Office professional: 7.7% Consumer Non-RE, 6% • Warehouse/storage: 5.6% Residential RE All Other, 4% • Retail/shopping center: 5.4% • Multi-family residential: 5.1% • Farm
Slide 19: Loan Portfolio Composition
Loan Portfolio Composition Loan Portfolio Composition Community Retail, 18% Banks, 40% Metro Areas, 60% Commercial, 82% 19
Slide 20: Nonperforming Loans
Nonperforming Loans $100,000 1.20% $90,000 1.00% $80,000 $70,000 0.80% ($ in Thousands) $60,000 $50,000 0.60% $40,000 0.40% $30,000 $20,000 0.20% $10,000 $0 0.00% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Nonperforming Loans Nonperforming to Total Loans 20
Slide 21: FDIC Insured Institutions: Net Charge-Offs to Loans & Leases
FDIC Insured Institutions: Net Charge-Offs to Loans & Leases 0.80% 0.70% 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% 0.00% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 US OK BANF 21
Slide 22: Total Deposits
Total Deposits $20,000 $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 ($ in millions) $2,000 $0 Total Deposits Sweeps • Average annual deposit growth was 7.8% in the last 10 years • From 2017 through 2026, growth from acquisitions was 2.6% compared to 5.2% organic growth in the same pe
Slide 23: Deposit Mix
Deposit Mix Other Savings 11% CDs < $250,000 9% Treasury Fund (MMDA) CDs > $250,000 37% 5% Interest-Bearing Demand Deposits Transaction Accounts, 32% 6% Community Banks, 46% Retail, 48% Commercial, Metro Areas, 52% 54% 23
Slide 24: Deposit Mix
Deposit Mix Demand & Interest Bearing Savings & MMDA CDs < $250,000 CDs > $250,000 Transaction Accts 100% 2% 2% 3% 5% 5% 5% 6% 5% 6% 8% 10% 9% 80% 36% 39% 46% 47% 47% 60% 48% 40% 57% 54% 45% 20% 40% 37% 39% 0% 2021 2022 2023 2024 2025 2026 24
Slide 25: Funding Rates
Funding Rates 6.00% 5.00% 4.00% ($ in Thousands) 3.00% Interest Bearing Deposits Cost to Fund Average Earning Assets Avg Fed Funds Rate 2.00% 1.00% 0.00% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2023 2023 2023 2024 2024 2024 2024 2025 2025 2025 2025 2026 2026 25
Slide 26: Delivery Channels
Delivery Channels 60,000 50,000 40,000 Mobile App Teller Transactions 30,000 Online Banking Daily Data Line Call Center 20,000 (Volume in Thousands) 10,000 0 2021 2022 2023 2024 2025 26
Slide 27: POS Transactions and Number of Demand Deposit Accounts
POS Transactions Number of Demand (in thousands) Deposit Accounts 110,000 350,000 100,000 300,000 90,000 80,000 250,000 70,000 200,000 60,000 150,000 50,000 40,000 100,000 30,000 50,000 20,000 10,000 - 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 POS Transactions POS Interchange Income Consumer
Slide 28: Capital Ratios
Capital Ratios Capital Ratios June 30, 2026 BancFirst Pegasus Worthington BancFirst (Bank) (Bank) (Bank) Corp Total Capital/Risk Assets 18.56% 17.51% 13.61% 20.87% Common Equity Tier 1/Risk Assets 17.11% 16.40% 12.56% 18.80% Tier 1 Capital/Risk Assets 17.37% 16.40% 12.56% 19.08% Leverage Ratio (Tier
Slide 29: Change in Net Interest Income
Change in Net Interest Income $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 ($10,000) ($20,000) ($30,000) ($40,000) ($50,000) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Volume Rate 29
Slide 30: Net Interest Income
Net Interest Income $600 6.00% $500 5.00% $400 4.00% $300 3.00% $200 2.00% $100 1.00% ($ in Millions) $0 0.00% Net Interest Income Net Interest Margin 30
Slide 31: Noninterest Income
Noninterest Income Trust Revenue, 12% Cash Management, 20% Secondary Mortgage Market, 2% Other, 15% Service Charges, 9% Overdraft Fees, 15% Insurance Commissions, 16% Interchange Fees, 11% 31
Slide 32: Noninterest Income
Noninterest Income $250,000 70% 60% $200,000 50% $150,000 40% 30% $100,000 ($ in thousands) 20% $50,000 10% $0 0% Noninterest Income Noninterest Income as Percentage of Noninterest Expense
Slide 33: Insurance and Trust
Insurance $40,000 $30,000 $20,000 (In Thousands) $10,000 $0 Insurance Revenue Insurance Pre-Tax Income Trust $25,000 $20,000 (In Thousands) $15,000 $10,000 $5,000 $0 Trust Revenue Trust Pre-Tax Income 33
Slide 34: Mortgage and Treasury
Mortgage $8,000 $7,000 (In Thousands) $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 Mortgage Revenue Mortgage Pre-Tax Income Treasury $50,000 $40,000 (In Thousands) $30,000 $20,000 $10,000 $0 Treasury Management Revenue 34
Slide 35: Interchange and NSF/OD
Interchange $60,000 $50,000 $40,000 (In Thousands) $30,000 $20,000 $10,000 $0 Interchange Fees NSF/OD $40,000 (In Thousands) $30,000 $20,000 $10,000 $0 NSF Fees 35
Slide 36: Stock Price/Tangible Book Value
Stock Price/Tangible Book Value $140.00 $119.36 High: 2025 $120.00 $111.57 Low: $136.48 High: $27.22 $98.85 Low: $100.43 $100.00 $90.57 $88.13 $80.00 $64.55 $57.85 $56.04 $60.00 $52.21 $50.20 $49.20 $45.55 $42.92 $40.00 $37.50 $30.80 $31.90 $24.74 $25.50 $27.47 CAGR since $22.28 $20.00 2017: 9.92% $
Slide 37: Earnings Per Share
Earnings Per Share $7.50 $7.00 $6.50 $6.00 $5.50 $5.00 $4.50 $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 Earnings Per Share 37
Slide 38: Dividend History
Dividend History $2.00 50.00% $1.80 45.00% $1.60 40.00% $1.40 35.00% $1.20 30.00% $1.00 25.00% $0.80 20.00% $0.60 15.00% $0.40 10.00% $0.20 5.00% $0.00 0.00% Dividends per Share Payout Ratio 38
Slide 39: Stock Performance vs. the General Market since IPO
Stock Performance vs. the General Market since IPO 7000% 6000% 5000% 4000% 3000% 2000% 1000% 0% -1000% BANF S&P 500 KBW Bank Index KRE Bank Index • Average increase in shareholder return since IPO in 1993 has been 12.4% vs. S&P 500 of 10.8% and KBW Bank Index of 8.7%. • KRE Bank Index has an average
Slide 40: Summary
Summary Summary • Number and quality of both household and commercial core deposit relationships • Sustained asset quality • Strong capital • Exceptional liquidity; high level of core deposit funding • Emphasis on non-interest income • Invested management • Acquisition/conversion expertise 40
Slide 41: One of America's Strongest Banks
One of America’s Strongest Banks Ranked one of the SAFEST & STRONGEST BANKS IN THE NATION STRONG. SAFE. LOYAL. By Bank Director Magazine 19 CONSECUTIVE YEARS 41
Slide 42: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings, credit quality, corporate objectives, interest rates and other financial a