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Bok Financial Corp  (BOKF)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $90.8300 $-1.22 -1.325%
Day's High: $93.73 Week Perf: -3.81 %
Day's Low: $ 90.05 30 Day Perf: 0.00
Volume (M): 138 52 Wk High: $ 96.01
Volume (M$): $ 12,535 52 Wk Avg: $83.39
Open: $92.49 52 Wk Low: $62.42



 Market Capitalization (Millions $) 5,839
 Shares Outstanding (Millions) 64
 Employees 4,789
 Revenues (TTM) (Millions $) 1,949
 Net Income (TTM) (Millions $) 452
 Cash Flow (TTM) (Millions $) -208
 Capital Exp. (TTM) (Millions $) 148

Bok Financial Corp

BOK Financial is a financial holding company incorporated in the state of Oklahoma in 1990 whose activities are governed by the Bank Holding Company Act of 1956 (“BHCA”), as amended by the Financial Services Modernization Act or Gramm-Leach-Bliley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). BOK Financial offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.

BOKF, NA (“the Bank”) is a wholly owned subsidiary bank of BOK Financial. BOKF, NA operates TransFund, Cavanal Hill Investment Management, BOK Financial Asset Management, Inc. and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. Other wholly owned subsidiaries of BOK Financial include BOSC, Inc., a broker/dealer that engages in retail and institutional securities sales and municipal bond underwriting and The Milestone Group, Inc., an investment adviser to high net worth clients. Other non-bank subsidiary operations do not have a significant effect on the Company’s financial statements.

Our overall strategic objective is to emphasize growth in long-term value by building on our leadership position in Oklahoma through expansion into other high-growth markets in contiguous states. We operate primarily in the metropolitan areas of Tulsa and Oklahoma City, Oklahoma; Dallas, Fort Worth and Houston, Texas; Albuquerque, New Mexico; Denver, Colorado; Phoenix, Arizona, and Kansas City, Kansas/Missouri. Our acquisition strategy targets fairly priced quality organizations with demonstrated solid growth that would supplement our principal lines of business. We provide additional growth opportunities by hiring talent to enhance competitiveness, adding locations and broadening product offerings. Our operating philosophy embraces local decision-making in each of our geographic markets while adhering to common Company standards.

Our primary focus is to provide a comprehensive range of nationally competitive financial products and services in a personalized and responsive manner. Products and services include loans and deposits, cash management services, fiduciary services, mortgage banking and brokerage and trading services to middle-market businesses, financial institutions and consumers. Commercial banking represents a significant part of our business. Our credit culture emphasizes building relationships by making high quality loans and providing a full range of financial products and services to our customers. Our energy financing expertise enables us to offer commodity derivatives for customers to use in their risk management. We also offer derivative products for customers to use in managing their interest rate and foreign exchange risk. Our diversified base of revenue sources is designed to generate returns in a range of economic situations. Historically, fees and commissions provide 43% to 49% of our total revenue. Approximately 48% of our revenue came from fees and commissions.

BOK Financial’s corporate headquarters is located at Bank of Oklahoma Tower, Boston Avenue at Second Street, Tulsa, Oklahoma 74172.

As a financial holding company, BOK Financial is regulated under the BHCA and is subject to regular inspection, examination and supervision by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”). Under the BHCA, BOK Financial files quarterly reports and other information with the Federal Reserve Board.

The Bank is organized as a national banking association under the National Banking Act, and is subject to regulation, supervision and examination by the Office of the Comptroller of the Currency (the “OCC”), the Federal Deposit Insurance Corporation (the “FDIC”), the Federal Reserve Board, the Consumer Financial Protection Bureau and other federal and state regulatory agencies. The OCC has primary supervisory responsibility for national banks and must approve certain corporate or structural changes, including changes in capitalization, payment of dividends, change of place of business, and establishment of a branch or operating subsidiary. The OCC performs examinations concerning safety and soundness, the quality of management and directors, information technology and compliance with applicable regulations. The National Banking Act authorizes the OCC to examine every national bank as often as necessary



   Company Address: Boston Avenue at Second Street Tulsa, 74192 OK
   Company Phone Number: 588-6000   Stock Exchange / Ticker: NASDAQ BOKF
   


Customers Net Income grew by BOKF's Customers Net Profit Margin grew to

52.1 %

11.17 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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WFC   -3.22%    
• View Complete Report
   



Bok Financial Corp

Bok Financial Corp Sees Steep Decline in EPS Amid Weak First Quarter Sales



In the first quarter of 2024, Bok Financial Corp, a commercial bank, experienced a decline in both its top and bottom lines. The company's revenue fell by 13.018% year on year, reaching $447.27 million, while its earnings per share (EPS) plummeted by 46.91%, dropping to $1.29. This represents a significant decrease compared to the previous year, where EPS stood at $2.43 during the same period. In addition, Bok Financial Corp's net income decreased by 48.49%, from $162.496 million to $83.694 million.
Financial Results:
1. Revenue: Bok Financial Corp's Q1 revenue decreased to $447.27 million from $514.21 million in the previous year, reflecting a decline of 13.018%.

Bok Financial Corp

Bok Financial Corp Faces Major Setback with Sharp Decline in EPS during Q4 of 2023

Bok Financial Corp, a leading commercial bank, experienced a challenging fourth quarter in the fiscal year of 2023. The company reported a significant decrease in income per share, with a staggering -49.57% drop to $1.28 per share. This decline can be attributed to a 7.322% decrease in revenue, which fell to $495.56 million year on year.
This downturn contrasts with the overall trend seen in the commercial banks industry, as Bok Financial Corp's counterparts reported a 2.38% rise in revenue during the same reporting period. In the preceding quarter, the company had achieved revenue of $492.05 million and a bottom line of $2.04 per share.

Bok Financial Corp

Bok Financial Corp Reports Revenue Growth Amidst Declining Earnings in July-September 2023

Bok Financial Corp: Revenue Decline and Stock Performance
Bok Financial Corp, a leading provider of commercial banking services, recently reported a revenue rise of 0.209% in the July to September 2023 interval, reaching $492.05 million. However, this increase was not enough to prevent a significant income reduction of -12.07% compared to the corresponding reporting period a year before. The EPS (earnings per share) stood at $2.04.
To understand Bok Financial Corp's performance in the third quarter of 2023, investors need to consider the broader context within the commercial banking industry. It becomes apparent that Bok Financial Corp has underperformed as its contemporaries reported a revenue rise of 2.05% relative to the same period a year ago. Furthermore, compared to the previous reporting period, profits fell by -10.13% from $2.27 per share, and revenue decreased by -4.329% from $514.31 million.

Bok Financial Corp

BOK Financial Corp Reports a Robust 15.82% Increase in Income Per Share for Q2 2023, Outperforming Commercial Bank Sector Averages

As a stock market journalist, it is my role to analyze and interpret financial results and market trends. Today, I will be focusing on the recent financial results of Bok Financial Corp, a commercial banks company.
In the second quarter of 2023, Bok Financial Corp delivered impressive revenue and earnings growth. Compared to the prior year period, their revenue experienced a significant increase of 16.193% to reach $514.31 million. This growth in revenue outperformed many other businesses in the Commercial Banks sector, which saw an average increase of 8.62% in the second quarter of 2023 when compared to the same period in 2022.

Bok Financial Corp

An amazing execution by the company in the most recent fiscal period

performance.
Bok Financial Corp has experienced a successful first quarter in 2023, with a return on asset (ROA) of 1.36%, which exceeded the company's average return on assets of 1.03%. This improvement in ROA is even more impressive considering the company's net income had deteriorated. However, despite these challenges, Bok Financial Corp managed to elevate their earnings per share to $2.43, up by 167.03% compared to the previous year, with revenue surpassing $514 million, marking a growth of 44.334%.






 

Bok Financial's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Bok Financial does not provide revenue guidance.

Earnings Outlook
Bok Financial Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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