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Side-by-side financial comparison of BANCFIRST CORP (BANF) and Ultragenyx Pharmaceutical Inc. (RARE). Click either name above to swap in a different company.

Ultragenyx Pharmaceutical Inc. is the larger business by last-quarter revenue ($207.3M vs $181.0M, roughly 1.1× BANCFIRST CORP). BANCFIRST CORP runs the higher net margin — 32.9% vs -62.0%, a 94.9% gap on every dollar of revenue. On growth, Ultragenyx Pharmaceutical Inc. posted the faster year-over-year revenue change (25.9% vs 11.1%). BANCFIRST CORP produced more free cash flow last quarter ($237.0M vs $-100.8M). Over the past eight quarters, Ultragenyx Pharmaceutical Inc.'s revenue compounded faster (38.0% CAGR vs 9.5%).

BancFirst Corporation is an Oklahoma-based financial services holding company. The company operates three subsidiary banks, BancFirst, an Oklahoma state-chartered bank; and Pegasus Bank and Worthington Bank, both Texas state-chartered banks.

Ultragenyx Pharmaceutical Inc. is an American biopharmaceutical company involved in the research and development of novel products for treatment of rare and ultra-rare genetic diseases for which there are typically no approved treatments and high unmet medical need. The company works with multiple drug modalities including biologics, small molecule, gene therapies, and ASO and mRNAs in the disease categories of bone, endocrine, metabolic, muscle and CNS diseases.

BANF vs RARE — Head-to-Head

Bigger by revenue
RARE
RARE
1.1× larger
RARE
$207.3M
$181.0M
BANF
Growing faster (revenue YoY)
RARE
RARE
+14.8% gap
RARE
25.9%
11.1%
BANF
Higher net margin
BANF
BANF
94.9% more per $
BANF
32.9%
-62.0%
RARE
More free cash flow
BANF
BANF
$337.7M more FCF
BANF
$237.0M
$-100.8M
RARE
Faster 2-yr revenue CAGR
RARE
RARE
Annualised
RARE
38.0%
9.5%
BANF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BANF
BANF
RARE
RARE
Revenue
$181.0M
$207.3M
Net Profit
$59.5M
$-128.6M
Gross Margin
Operating Margin
41.6%
-54.7%
Net Margin
32.9%
-62.0%
Revenue YoY
11.1%
25.9%
Net Profit YoY
5.3%
3.5%
EPS (diluted)
$1.75
$-1.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANF
BANF
RARE
RARE
Q4 25
$181.0M
$207.3M
Q3 25
$175.5M
$159.9M
Q2 25
$169.3M
$166.5M
Q1 25
$164.8M
$139.3M
Q4 24
$162.9M
$164.6M
Q3 24
$163.7M
$139.5M
Q2 24
$153.8M
$147.0M
Q1 24
$151.0M
$108.8M
Net Profit
BANF
BANF
RARE
RARE
Q4 25
$59.5M
$-128.6M
Q3 25
$62.7M
$-180.4M
Q2 25
$62.3M
$-115.0M
Q1 25
$56.1M
$-151.1M
Q4 24
$56.5M
$-133.2M
Q3 24
$58.9M
$-133.5M
Q2 24
$50.6M
$-131.6M
Q1 24
$50.3M
$-170.7M
Operating Margin
BANF
BANF
RARE
RARE
Q4 25
41.6%
-54.7%
Q3 25
45.0%
-106.9%
Q2 25
47.1%
-64.8%
Q1 25
43.1%
-102.6%
Q4 24
44.2%
-74.3%
Q3 24
45.2%
-94.6%
Q2 24
42.4%
-79.1%
Q1 24
42.5%
-151.9%
Net Margin
BANF
BANF
RARE
RARE
Q4 25
32.9%
-62.0%
Q3 25
35.7%
-112.8%
Q2 25
36.8%
-69.0%
Q1 25
34.0%
-108.5%
Q4 24
34.7%
-80.9%
Q3 24
36.0%
-95.7%
Q2 24
32.9%
-89.5%
Q1 24
33.3%
-156.8%
EPS (diluted)
BANF
BANF
RARE
RARE
Q4 25
$1.75
$-1.28
Q3 25
$1.85
$-1.81
Q2 25
$1.85
$-1.17
Q1 25
$1.66
$-1.57
Q4 24
$1.68
$-1.34
Q3 24
$1.75
$-1.40
Q2 24
$1.51
$-1.52
Q1 24
$1.50
$-2.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANF
BANF
RARE
RARE
Cash + ST InvestmentsLiquidity on hand
$421.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$-80.0M
Total Assets
$14.8B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANF
BANF
RARE
RARE
Q4 25
$421.0M
Q3 25
$202.5M
Q2 25
$176.3M
Q1 25
$127.1M
Q4 24
$174.0M
Q3 24
$150.6M
Q2 24
$480.7M
Q1 24
$112.3M
Stockholders' Equity
BANF
BANF
RARE
RARE
Q4 25
$1.9B
$-80.0M
Q3 25
$1.8B
$9.2M
Q2 25
$1.7B
$151.3M
Q1 25
$1.7B
$144.2M
Q4 24
$1.6B
$255.0M
Q3 24
$1.6B
$346.8M
Q2 24
$1.5B
$432.4M
Q1 24
$1.5B
$140.3M
Total Assets
BANF
BANF
RARE
RARE
Q4 25
$14.8B
$1.5B
Q3 25
$14.2B
$1.2B
Q2 25
$14.0B
$1.3B
Q1 25
$14.0B
$1.3B
Q4 24
$13.6B
$1.5B
Q3 24
$13.3B
$1.5B
Q2 24
$12.7B
$1.6B
Q1 24
$12.6B
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANF
BANF
RARE
RARE
Operating Cash FlowLast quarter
$285.3M
$-99.8M
Free Cash FlowOCF − Capex
$237.0M
$-100.8M
FCF MarginFCF / Revenue
130.9%
-48.6%
Capex IntensityCapex / Revenue
26.7%
0.5%
Cash ConversionOCF / Net Profit
4.79×
TTM Free Cash FlowTrailing 4 quarters
$430.7M
$-472.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANF
BANF
RARE
RARE
Q4 25
$285.3M
$-99.8M
Q3 25
$75.4M
$-91.4M
Q2 25
$78.1M
$-108.3M
Q1 25
$77.0M
$-166.5M
Q4 24
$261.2M
$-79.3M
Q3 24
$77.6M
$-67.0M
Q2 24
$100.2M
$-77.0M
Q1 24
$66.3M
$-190.7M
Free Cash Flow
BANF
BANF
RARE
RARE
Q4 25
$237.0M
$-100.8M
Q3 25
$63.7M
$-92.7M
Q2 25
$64.4M
$-110.7M
Q1 25
$65.6M
$-167.8M
Q4 24
$224.5M
$-79.5M
Q3 24
$72.4M
$-68.6M
Q2 24
$94.1M
$-79.0M
Q1 24
$56.1M
$-193.9M
FCF Margin
BANF
BANF
RARE
RARE
Q4 25
130.9%
-48.6%
Q3 25
36.3%
-58.0%
Q2 25
38.0%
-66.5%
Q1 25
39.8%
-120.5%
Q4 24
137.8%
-48.3%
Q3 24
44.2%
-49.2%
Q2 24
61.2%
-53.7%
Q1 24
37.1%
-178.2%
Capex Intensity
BANF
BANF
RARE
RARE
Q4 25
26.7%
0.5%
Q3 25
6.7%
0.8%
Q2 25
8.1%
1.5%
Q1 25
6.9%
1.0%
Q4 24
22.5%
0.1%
Q3 24
3.2%
1.2%
Q2 24
3.9%
1.4%
Q1 24
6.8%
3.0%
Cash Conversion
BANF
BANF
RARE
RARE
Q4 25
4.79×
Q3 25
1.20×
Q2 25
1.25×
Q1 25
1.37×
Q4 24
4.62×
Q3 24
1.32×
Q2 24
1.98×
Q1 24
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BANF
BANF

Segment breakdown not available.

RARE
RARE

Royalty$105.6M51%
Products$101.7M49%

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