Professional
Added to YB: 2025-02-06
Pitch date: 2025-02-05
BFCC [bullish]
BankFirst Capital Corporation
+21.88%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
Company Info
BankFirst Capital Corporation operates as the bank holding company for BankFirst Financial Services that provides banking and financial services to individual and corporate customers in Mississippi, and northwest and west Alabama.
Market Cap
$223.4M
Pitch Price
$38.90
Price Target
60.00 (+27%)
Dividend
2.44%
EV/EBITDA
N/A
P/E
9.76
EV/Sales
N/A
Sector
Banks
Category
value
River Oaks Capital Portfolio Holding: BankFirst Capital Corporation
BFCC: Community bank, $220m mkt cap, 65% of ECIP-adj BV. Allowed to buy back $218.5m ECIP pref at 28% in 8yrs. $2.8B assets, goal $5B via M&A. 12-14% FCF yield, 7-8 P/E. $75m+ holdco cash, $26m+ annual FCF. $10m buyback program. Insiders own 25%+. Uplisting to NASDAQ considered.
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