BOK Tower
|
|
Type
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Public |
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Traded as | NASDAQ: BOKF Russell 1000 Component |
Industry | Financial Services |
Founded | 1910 |
Headquarters | Tulsa, Oklahoma USA |
Key people
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George B. Kaiser, Chairman |
Products | Consumer Banking, Corporate Banking, Energy Banking, Wealth Management, Foreign Currency Exchange, Investment Banking |
Revenue | US$360M (FY 2015) |
Net income
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US$59.6M (FY 2015) |
Total assets | US$31.5B (FY 2015) |
Total equity | US$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.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-18 | Future report Set alerts | |
Q2 2022 | 2022-07-27 | 1.96 | 1.96 |
Q1 2022 | 2022-04-27 | 0.91 | 0.91 |
Q4 2021 | 2022-01-19 | 1.71 | 1.71 |
Q3 2021 | 2021-10-20 | 2.74 | 2.74 |
Q2 2021 | 2021-07-21 | 2.40 | 2.40 |
Q1 2021 | 2021-04-21 | 2.10 | 2.10 |
Q3 2020 | 2020-10-21 | 0.00 | 0.00 |
Q2 2020 | 2020-07-22 | 0.92 | 0.92 |
Q1 2020 | 2020-04-22 | 0.88 | 0.88 |
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
In BOKF 157 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
GEORGE KAISER FAMILY FOUNDATION | 3.21M |
ARIEL INVESTMENTS, LLC | 3.04M |
Vanguard Group, Inc | 2.91M |
FMR LLC | 2.23M |
DIMENSIONAL FUND ADVISORS LP | 1.64M |
Neuberger Berman Group LLC | 1.32M |
BlackRock Inc. | 1.28M |
CIBC WORLD MARKETS CORP | 1.05M |
STATE STREET CORP | 0.95M |
DIAMOND HILL CAPITAL MANAGEMENT INC | 0.91M |
BOKF, NA | 0.68M |
KEELEY ASSET MANAGEMENT CORP | 0.67M |
BlackRock Institutional Trust Company, N.A. | 0.62M |
GEODE CAPITAL MANAGEMENT, LLC | 0.43M |
EDGE ASSET MANAGEMENT, INC | 0.41M |