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BOKF $53.31   View long term graphs

BOK Financial Corporation
Type
Public
Traded as NASDAQ: BOKF
Russell 1000 Component
Industry Financial Services
Founded 1910
Headquarters Tulsa, Oklahoma USA
Key people
George B. Kaiser, Chairman
Products Consumer Banking, Corporate Banking, Energy Banking, Wealth Management, Foreign Currency Exchange, Investment Banking
Revenue IncreaseUS$360M (FY 2015)
Net income
IncreaseUS$59.6M (FY 2015)
Total assets IncreaseUS$31.5B (FY 2015)
Total equity IncreaseUS$3.23B (FY 2015)
Number of employees
4,800
Website www.bokf.com

BOK Financial Corporation is a US-based financial services holding company in the West South Central States region of the United States with 4,800 employees and operations in ten states, servicing clients around the country. Headquartered in the BOK Tower in downtown Tulsa, Oklahoma, the company began as an energy bank more than 100 years ago during the early-century oil boom. Today, it maintains its strength in the energy sector, but has successfully diversified into a variety of industries, businesses and geographies - all of which provide footing for its steady financial position.

BOK Financial's holdings include BOKF, NA, BOSC, Inc. and the Milestone Group. BOKF, NA operates TransFund, Cavanal Hill Investment Management 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. BOKF, NA has full-service banks located in eight states.

BOKF has a market value of approximately $3422 million USD as April 7, 2016.

BOK Financial traces its roots to the Exchange National Bank of Tulsa, which was formed in 1910 when four men bought the remains of the failed Farmers National Bank. One of the bank's major investors was Harry F. Sinclair, who became the bank's president.

In 1917, Exchange National Bank of Tulsa began construction of a headquarters building in Tulsa at Third Street and Boston Avenue. In 1928, the bank constructed a 28-story tower adjacent to the initial building. The combined structure, since renamed the 320 South Boston Building, remained the tallest building in Tulsa until 1967.

During the Great Depression, several Tulsa oil men, including William G. Skelly and J.A. Chapman, pumped $18 million of their own wealth into the bank to keep it afloat. As a result, it was a major player in the early 1930s oil boom. In 1933, it was reorganized as the National Bank of Tulsa (NBT).

In 1975, NBT changed its name to Bank of Oklahoma (BOK). The following year, BOK began moving its headquarters employees into the new BOK Tower.

In 1986, the Federal Deposit Insurance Corporation granted Bank of Oklahoma its Open Bank Assistance package and it was bought in 1990 by Tulsa businessman, George Kaiser. At the time, it was a $2 billion bank with 20 branches in Oklahoma.

Under Kaiser's ownership, BOK began an aggressive expansion effort with the strategy to locate in growing markets near Oklahoma. Currently BOK Financial operates banks in 8 states including Oklahoma, New Mexico, Arizona, Arkansas, Texas, Colorado, Kansas and Missouri.

In 2007, BOK Financial continued their aggressive push, expanding market share in the Dallas-Fort Worth area. Currently, the Bank of Texas is the 8th largest bank based in Texas with assets of 3.7 billion.

On August 17, 2012, BOK Financial acquired Milestone Group. The acquisition is the first since 2007.

In March, 2014, BOK Financial announced the acquisition of MBM Advisors, Inc. of Houston, Texas.

On December 8, 2015, BOK Financial announced the purchase of MBT Bancshares; the parent company of Missouri Bank and Trust of Kansas City, informally known as "mobank."

In 2005, BOK Financial acquired the naming rights for the BOK Center, for a price of $11 million USD.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-01-20 Future report Set alerts
Q3 2020 2020-10-21 Future report Set alerts
Q2 2020 2020-07-22 0.92 0.92
Q1 2020 2020-04-22 0.88 0.88
Q4 2019 2020-01-22 1.56 1.56
Q3 2019 2019-10-23 2.00 2.00
Q2 2019 2019-07-24 1.93 1.93
Q1 2019 2019-04-24 1.54 1.54
Q4 2018 2019-01-30 1.50 1.50
Q3 2018 2018-10-24 1.79 1.79

Ratings

2016-05-09 Upgrade Raymond James Market Perform to Outperform
2016-05-09 Upgrade Raymond James Financial Inc. Market Perform to Outperform
2016-04-28 Downgrade Wells Fargo Market Perform to Underperform
2016-04-28 Boost Price Target RBC Capital Sector Perform $55.00 to $61.00
2016-04-28 Downgrade Wells Fargo & Co. Market Perform to Underperform
2016-04-28 Boost Price Target Royal Bank Of Canada Sector Perform $55.00 to $61.00
2016-01-29 Lower Price Target Keefe, Bruyette & Woods $70.00 to $60.00
2016-01-28 Lower Price Target RBC Capital Sector Perform $58.00 to $55.00
2016-01-14 Lower Price Target Sterne Agee CRT Neutral $64.00 to $59.00
2016-01-14 Lower Price Target RBC Capital Sector Perform $68.00 to $58.00
2016-01-13 Downgrade Macquarie Neutral to Underperform
2016-01-04 Initiated Coverage Hovde Group Market Perform $65.00
2015-12-21 Initiated Coverage Wells Fargo Market Perform
2015-12-16 Downgrade Piper Jaffray Overweight to Neutral
2015-12-16 Downgrade Piper Jaffray Cos. Overweight to Neutral
2015-10-29 Boost Price Target Morgan Stanley $67.00 to $68.00
2015-10-08 Lower Price Target Sterne Agee CRT $67.00 to $65.00
2015-09-10 Lower Price Target Sterne Agee CRT $68.00 to $67.00
2015-08-25 Downgrade SunTrust Buy to Neutral $80.00 to $62.00
2015-08-25 Downgrade SunTrust Banks Inc. Buy to Neutral $80.00 to $62.00
2015-08-19 Initiated Coverage Sterne Agee CRT Neutral $68.00
2015-08-03 Reiterated Rating Piper Jaffray Overweight
2015-07-30 Boost Price Target RBC Capital Sector Perform $66.00 to $68.00
2015-06-12 Initiated Coverage Piper Jaffray Overweight $76.50
2015-05-25 Reiterated Rating RBC Capital Hold $66.00
2015-05-07 Reiterated Rating Keefe, Bruyette & Woods Market Perform $62.00 to $70.00
2015-05-07 Reiterated Rating Cowen and Company Buy $64.00 to $74.00
2015-04-30 Boost Price Target RBC Capital Sector Perform $64.00 to $66.00
2015-01-29 Reiterated Rating Keefe, Bruyette & Woods Hold $72.00 to $62.00
2015-01-20 Lower Price Target DA Davidson Neutral $68.00 to $60.00
2014-12-04 Upgrade Sterne Agee CRT Neutral to Buy $39.00 to $71.00
2014-12-01 Lower Price Target DA Davidson Neutral $69.00 to $68.00
2014-08-01 Reiterated Rating Keefe, Bruyette & Woods Hold $70.00 to $72.00
2014-07-31 Reiterated Rating SunTrust Buy $70.00 to $75.00
2014-07-31 Boost Price Target DA Davidson Neutral $67.00 to $69.00
2014-07-31 Upgrade BMO Capital Markets Underperform to Market Perform $61.00 to $66.00
2014-04-08 Downgrade BMO Capital Markets Market Perform to Underperform $61.00
2014-04-07 Boost Price Target Macquarie $61.00 to $65.00
2014-03-27 Boost Price Target Morgan Stanley $67.00 to $68.00
2013-10-31 Lower Price Target DA Davidson Neutral $70.00 to $67.00
2013-10-31 Reiterated Rating BMO Capital Markets Market Perform $65.00 to $63.00
2012-01-06 Downgrade Stifel Nicolaus Buy to Hold
2011-09-13 Initiated RBC Capital Mkts Sector Perform $50
2008-07-03 Reiterated BMO Capital Markets Market Perform $54 to $49
2008-04-16 Upgrade Sun Trust Rbsn Humphrey Neutral to Buy $58
2008-04-16 Reiterated BMO Capital Markets Market Perform $52 to $53
2007-10-17 Reiterated BMO Capital Markets Market Perform $51 to $54
2007-01-31 Reiterated BMO Capital Markets Market Perform $56 to $54
2007-01-04 Downgrade BMO Capital Markets Outperform to Market Perform
2016-05-09 Upgrade Raymond James Market Perform to Outperform
2016-05-09 Upgrade Raymond James Financial Inc. Market Perform to Outperform
2016-04-28 Downgrade Wells Fargo Market Perform to Underperform
2016-04-28 Boost Price Target RBC Capital Sector Perform $55.00 to $61.00
2016-04-28 Downgrade Wells Fargo & Co. Market Perform to Underperform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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