Announcement • Mar 20
BOK Financial Corporation, Annual General Meeting, May 05, 2026 BOK Financial Corporation, Annual General Meeting, May 05, 2026. Announcement • Mar 17
BOK Financial Corporation to Report Q1, 2026 Results on Apr 20, 2026 BOK Financial Corporation announced that they will report Q1, 2026 results After-Market on Apr 20, 2026 Announcement • Feb 20
Bok Financial Corporation Announces Executive Changes BOK Financial Corporation announced that Brad Vincent, Executive Vice President Specialized Industries Banking, will retire effective November 30, 2026, after 29 years with the company and over four decades in the industry. Chet Cadieux has decided not to stand for re-election to the Board of Directors at the 2026 annual meeting of shareholders. Announcement • Jan 19
BOK Financial Corporation Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2025 BOK Financial Corporation reported unaudited net charge-offs for the fourth quarter ended December 31, 2025. For the quarter, the company reported net charge-offs of $1,446,000 as compared to $528,000 a year ago. Announcement • Dec 13
BOK Financial Corporation to Report Q4, 2025 Results on Jan 16, 2026 BOK Financial Corporation announced that they will report Q4, 2025 results After-Market on Jan 16, 2026 Announcement • Oct 22
Bok Financial Corporation Provides Earnings Guidance for the Year 2025 BOK Financial Corporation provided earnings guidance for the Year 2025. For net interest income, The company expects $1.325 billion to $1.35 billion. The guide for total revenue is mid-single-digit growth versus prior year. Announcement • Oct 21
BOK Financial Corporation Announces Net Charge-Offs for the Third Quarter Ended September 30, 2025 BOK Financial Corporation announced Net charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported net charge-offs of $3,627,000. Announcement • Oct 02
BOK Financial Corporation to Report Q3, 2025 Results on Oct 20, 2025 BOK Financial Corporation announced that they will report Q3, 2025 results After-Market on Oct 20, 2025 Announcement • Jul 08
BOK Financial Corporation to Report Q2, 2025 Results on Jul 21, 2025 BOK Financial Corporation announced that they will report Q2, 2025 results After-Market on Jul 21, 2025 Announcement • Mar 22
BOK Financial Corporation to Report Q1, 2025 Results on Apr 21, 2025 BOK Financial Corporation announced that they will report Q1, 2025 results After-Market on Apr 21, 2025 Announcement • Mar 21
BOK Financial Corporation, Annual General Meeting, Apr 29, 2025 BOK Financial Corporation, Annual General Meeting, Apr 29, 2025. Announcement • Jan 18
BOK Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2024 BOK Financial Corporation reported net charge-offs for the fourth quarter ended December 31, 2024. For the quarter, the company reported net charge-offs of $528,000 against $4,096,000 a year ago. Announcement • Jan 02
BOK Financial Corporation to Report Q4, 2024 Results on Jan 20, 2025 BOK Financial Corporation announced that they will report Q4, 2024 results After-Market on Jan 20, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €110, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €169 per share. New Risk • Nov 09
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €611k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Declared Dividend • Nov 04
Third quarter dividend of US$0.57 announced Shareholders will receive a dividend of US$0.57. Ex-date: 15th November 2024 Payment date: 27th November 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: US$2.21 (vs US$2.04 in 3Q 2023) Third quarter 2024 results: EPS: US$2.21 (up from US$2.04 in 3Q 2023). Revenue: US$514.3m (up 4.5% from 3Q 2023). Net income: US$140.0m (up 5.0% from 3Q 2023). Profit margin: 27% (in line with 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 22
BOK Financial Corporation Revises Net Interest Income Guidance for the Year 2024 BOK Financial Corporation revised net interest income guidance for the year 2024. For the year, the company expects net interest income of slightly above $1.2 billion compared to previous guidance of ~$1.2 billion. Announcement • Oct 02
BOK Financial Corporation to Report Q3, 2024 Results on Oct 21, 2024 BOK Financial Corporation announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 21, 2024 Announcement • Sep 04
BOK Financial Corporation Announces Executive Changes BOK Financial announced the promotion of David Stratton to the role of executive vice president, regional banking executive. Stratton, who has been with the company since 2018, will assume the new position on April 1, 2025. The role was previously held by Marc Maun, who will retire March 31, 2025. In this new role, Stratton will oversee BOK Financial'sTulsa, Oklahoma City, Denver, Phoenix, Albuquerque and Kansas City markets, as well as Treasury Management across the company's eight-state footprint. Stratton has more than two decades of banking experience. Prior to joiningBOK Financial he served as managing director, Oklahoma Region Head, for JP Morgan Chase. He graduated from University of Oklahoma with a bachelor's degree in business administration, and from the University of Tulsa with a master's in business administration. Stratton holds his Chartered Financial Analyst Designation. Stratton serves on the board of River Parks Authority, Tulsa Stadium Trust, Metro Christian Academy, and Tulsa Community College Foundation and was previously the chair of the Tulsa Regional Chamber. Declared Dividend • Aug 04
Second quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 2.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (25% forecast payout ratio). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: US$2.57 (vs US$2.28 in 2Q 2023) Second quarter 2024 results: EPS: US$2.57 (up from US$2.28 in 2Q 2023). Revenue: US$547.7m (up 6.5% from 2Q 2023). Net income: US$163.7m (up 9.1% from 2Q 2023). Profit margin: 30% (in line with 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jul 02
BOK Financial Corporation to Report Q2, 2024 Results on Jul 22, 2024 BOK Financial Corporation announced that they will report Q2, 2024 results After-Market on Jul 22, 2024 Declared Dividend • May 13
First quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 14th May 2024 Payment date: 30th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (32% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • May 08
Insider recently sold €425k worth of stock On the 3rd of May, Steven Bangert sold around 5k shares on-market at roughly €85.10 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €832k more than they bought in the last 12 months. Announcement • May 02
BOK Financial Corporation Appoints Wendell Franklin as Director of Corporate Security , Effective September 1, 2024 Tulsa Police Department Chief Wendell Franklin will assume his role as the new director of corporate security for BOK Financial when he leaves the force later this year. Franklin has officially resigned from TPD and will take his post at BOK Financial on September 1, 2024. As director of corporate security, Franklin will oversee BOK Financial's safety and security initiatives. His responsibilities will include developing corporate security strategies aligned with company objectives, managing emergency response, monitoring security systems, providing training and ensuring compliance with legal regulations. Additionally, he will collaborate with local and federal law enforcement agencies, and partner closely with the Emergency Operations Center and Fraud Prevention and Detection. Franklin rose through the ranks of the Tulsa PD, joining as an officer in 1997 and being named chief in early 2020. He is a graduate of Langston University with a degree in criminal justice and corrections. He is also a graduate of PERF's Senior Management Institute for Police, and an alumnus of the FBI National Academy and the FBI National Executive institute. He is actively involved with the Oklahoma Association of Chiefs of Police, Major Cities Chiefs Association, International Association of Chiefs of Police and National Public Safety Partnership. He also serves on the boards of the Tulsa Historical Society, Boy Scouts of America and Dr. Martin Luther King, Jr. Commemoration Society. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$1.30 (vs US$2.43 in 1Q 2023) First quarter 2024 results: EPS: US$1.30 (down from US$2.43 in 1Q 2023). Revenue: US$447.3m (down 13% from 1Q 2023). Net income: US$83.7m (down 48% from 1Q 2023). Profit margin: 19% (down from 31% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 04
BOK Financial Corporation to Report Q1, 2024 Results on Apr 24, 2024 BOK Financial Corporation announced that they will report Q1, 2024 results Pre-Market on Apr 24, 2024 Announcement • Mar 22
BOK Financial Corporation, Annual General Meeting, Apr 30, 2024 BOK Financial Corporation, Annual General Meeting, Apr 30, 2024, at 14:30 Central Standard Time. Agenda: To fix the number of directors to be elected at seventeen (17) and to elect seventeen (17) persons as directors for a term of one year or until their successors have been elected and qualified; to ratify the selection of Ernst & Young LLP as the Company’s independent auditor for the fiscal year ending December 31, 2024; to consider an advisory vote to approve the compensation of the named executive officers; and to discuss other matters. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: US$8.02 (vs US$7.68 in FY 2022) Full year 2023 results: EPS: US$8.02 (up from US$7.68 in FY 2022). Revenue: US$2.02b (up 11% from FY 2022). Net income: US$526.5m (up 1.9% from FY 2022). Profit margin: 26% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.55 per share at 2.7% yield Eligible shareholders must have bought the stock before 13 February 2024. Payment date: 28 February 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.1%). Declared Dividend • Feb 05
Fourth quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 13th February 2024 Payment date: 28th February 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (23% payout ratio) and is expected to be well covered in 3 years' time (23% forecast payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 24
Full year 2023 earnings released: EPS: US$8.08 (vs US$7.68 in FY 2022) Full year 2023 results: EPS: US$8.08 (up from US$7.68 in FY 2022). Revenue: US$2.02b (up 11% from FY 2022). Net income: US$530.7m (up 2.8% from FY 2022). Profit margin: 26% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Announcement • Jan 24
BOK Financial Corporation Reports Net Charge-Offs Results for the Fourth Quarter Ended December 31, 2023 BOK Financial Corporation reported net charge-offs results for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $4,096,000 against $15,506,000 a year ago. Announcement • Dec 02
USI Insurance Services, LLC acquired BOK Financial Insurance, Inc. from BOK Financial Corporation. USI Insurance Services, LLC acquired BOK Financial Insurance, Inc. from BOK Financial Corporation on December 1, 2023. This transaction will result in a pre-tax gain of $28 million after considering transaction-related expenses. All of BOK Financial Insurance's 45 employees will join USI following the sale. BOK Financial will utilize this gain to realize an equivalent amount of losses in its available for sale securities portfolio and reposition into higher yielding securities. Goldman Sachs served as financial advisor on the transaction, and Frederic Dorwart Lawyers provided legal counsel to BOK Financial Corporation. Arnold & Porter provided legal counsel to USI.USI Insurance Services, LLC completed the acquisition of BOK Financial Insurance, Inc. from BOK Financial Corporation on December 1, 2023. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.55 per share at 3.1% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.5%). New Risk • Oct 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$2.05 (vs US$2.32 in 3Q 2022) Third quarter 2023 results: EPS: US$2.05 (down from US$2.32 in 3Q 2022). Revenue: US$492.0m (flat on 3Q 2022). Net income: US$134.5m (down 13% from 3Q 2022). Profit margin: 27% (down from 32% in 3Q 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Announcement • Oct 05
BOK Financial Corporation to Report Q3, 2023 Results on Oct 25, 2023 BOK Financial Corporation announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023 New Risk • Aug 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €458k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€458k sold). Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$2.29 (vs US$1.96 in 2Q 2022) Second quarter 2023 results: EPS: US$2.29 (up from US$1.96 in 2Q 2022). Revenue: US$514.3m (up 16% from 2Q 2022). Net income: US$151.3m (up 15% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 07
BOK Financial Corporation to Report Q2, 2023 Results on Jul 26, 2023 BOK Financial Corporation announced that they will report Q2, 2023 results Pre-Market on Jul 26, 2023 Recent Insider Transactions • Jun 08
Insider recently sold €211k worth of stock On the 5th of June, Steven Bangert sold around 3k shares on-market at roughly €79.54 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.5m more than they bought in the last 12 months. Recent Insider Transactions • May 21
Insider recently bought €71k worth of stock On the 16th of May, Brad Vincent bought around 1k shares on-market at roughly €70.99 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €238k. Despite this recent purchase, insiders have collectively sold €6.1m more in shares than they bought in the last 12 months. Recent Insider Transactions • May 04
Executive VP & CFO recently bought €77k worth of stock On the 1st of May, Martin Grunst bought around 1k shares on-market at roughly €76.62 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €238k. This was Martin's only on-market trade for the last 12 months. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$2.45 (vs US$0.92 in 1Q 2022) First quarter 2023 results: EPS: US$2.45 (up from US$0.92 in 1Q 2022). Revenue: US$514.2m (up 44% from 1Q 2022). Net income: US$162.4m (up 162% from 1Q 2022). Profit margin: 32% (up from 17% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Recent Insider Transactions • Mar 19
Independent Director recently bought €238k worth of stock On the 15th of March, Stanley Lybarger bought around 3k shares on-market at roughly €80.93 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €6.8m more in shares than they bought in the last 12 months. Reported Earnings • Mar 07
Full year 2022 earnings released: EPS: US$7.68 (vs US$8.95 in FY 2021) Full year 2022 results: EPS: US$7.68 (down from US$8.95 in FY 2021). Revenue: US$1.82b (down 7.6% from FY 2021). Net income: US$516.5m (down 16% from FY 2021). Profit margin: 28% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.98% (up from 2.60% in FY 2021). Non-performing loans: 1.26% (down from 1.71% in FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 11
Insider recently sold €721k worth of stock On the 7th of February, Steven Bangert sold around 8k shares on-market at roughly €96.12 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.6m more than they bought in the last 12 months. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$7.74 (vs US$8.95 in FY 2021) Full year 2022 results: EPS: US$7.74 (down from US$8.95 in FY 2021). Revenue: US$1.82b (down 7.6% from FY 2021). Net income: US$520.3m (down 15% from FY 2021). Profit margin: 28% (down from 31% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 12
BOK Financial Announces Executive Changes BOK Financial has added three new members to its Diversity, Equity & Inclusion Council. The members will support the company’s efforts to excel and grow by valuing and leveraging the power of diversity and inclusion. The new members are: Ben Suh, senior vice president, Energy underwriting; Colorado. Linda Cooper, senior vice president, Consumer delivery; New Mexico. Kevin Kramer, market CEO; Kansas City. These three will fill vacancies left those members whose terms have expired: John Barela, Jo Ann Stall and Christine Nowaczyk. Announcement • Jan 06
BOK Financial Corporation to Report Q4, 2022 Results on Jan 25, 2023 BOK Financial Corporation announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 25, 2023 Announcement • Dec 22
Bok Financial Corporation Announces the Retirement of Steven G. Bradshaw from the Board of Directors BOK Financial Corporation announced that Steven G. Bradshaw has provided notice that he is retiring from the Board of Directors of BOK Financial Corporation effective December 31, 2022. Mr. Bradshaw served the company for thirty-one years including eight years as its Chief Executive Officer, a position from which he retired January 1, 2022. Announcement • Dec 08
BOK Financial Corporation Announces the Appointment of Carrie Clasen Porter as Chief Operations and Administrative Officer for BOK Financial’s Wealth Management Division, Effective April 1, 2023 BOK Financial Corporation announced the appointment of Carrie Clasen Porter as chief operations and administrative officer for BOK Financial’s wealth management division, effective April 1, 2023. In this role, Clasen Porter will be responsible for ensuring that BOK Financial Wealth Management offers financial professionals the latest technology and highest-quality service to their clients. She will fill the role previously held by Mindy Mahaney, who will assume the position of chief risk officer in the new year. Clasen Porter began her career with BOK Financial in 2008. Most recently she served as director of investment management strategic initiatives. She graduated from Kansas State University with a dual degree in finance and management, and earned her MBA from the University of Missouri-Kansas City. She is a member of Leadership Tulsa, and serves as a board member and executive committee member for Youth Services of Tulsa. She previously served as vice president and board member for Palmer Continuum of Care. Recent Insider Transactions • Nov 16
Insider recently sold €211k worth of stock On the 8th of November, Marc Maun sold around 2k shares on-market at roughly €105 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. Insiders have been net sellers, collectively disposing of €9.4m more than they bought in the last 12 months. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.54 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 25 November 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Recent Insider Transactions • Nov 01
Chairman & CEO of Bank of Texas recently sold €373k worth of stock On the 28th of October, Norman Bagwell sold around 4k shares on-market at roughly €106 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €373k. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$2.34 (vs US$2.74 in 3Q 2021) Third quarter 2022 results: EPS: US$2.34 (down from US$2.74 in 3Q 2021). Revenue: US$491.0m (down 8.8% from 3Q 2021). Net income: US$156.5m (down 16% from 3Q 2021). Profit margin: 32% (down from 35% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Oct 18
BOK Financial Corporation Appoints Shannon Habermehl as Executive Director of Commercial Strategies BOK Financial Corporation announced that Shannon Habermehl has been named the new executive director of Commercial Strategies for BOK Financial. In this role, Habermehl will be responsible for identifying and managing the implementation of strategic initiatives—products, processes and technology—to enhance the Commercial division’s ability to grow across the BOK Financial footprint. Habermehl began her career with BOK Financial in the Accelerated Career Track (ACT) program in 1999. She spent eight years leading the Commercial Treasury Services team including domestic, international and merchant for other financial institutions, before returning to BOK Financial in 2017. She has served as the BOK Financial Treasury Services Manager in Tulsa since January 2020. Habermehl has a Bachelor of Science in Accounting and Psychology from Oklahoma State University. She has also earned the Certified Treasury Professional (CTP) and Accredited ACH Professional (AAP) designations. She is an active member of the advisory board for the Tulsa Dream Center and Past President’s Council for Emergency Infant Services. She has also served on the board as treasurer, VP and president for Emergency Infant Services and March of Dimes. Announcement • Oct 12
BOK Financial Corporation to Report Q3, 2022 Results on Oct 26, 2022 BOK Financial Corporation announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 26, 2022 Announcement • Oct 06
BOK Financial Corporation Appoints Jeff Reid as Chief Human Resource Officer BOK Financial announced that Jeff Reid has assumed the position of chief human resource officer, effective immediately. Reid has worked for BOK Financial since 2004 in a variety of roles including senior human resources business partner, and director of talent acquisition and talent development. Reid assumes the position previously held by Kelley Weil, who was recently named Consumer banking executive. Reid earned a bachelor’s of Finance from Georgia State University and is a certified change practitioner. He is active in the community, previously chairing and serving on the board of Clarehouse and still serves on their operations committee. He has chaired and served on the board for Big Brothers Big Sisters. Announcement • Sep 29
BOK Financial Corporation Appoints David Jeter as Executive Director for Commercial Banking Line of Business David Jeter has been named executive director for BOK Financial’s Commercial Banking line of business. The line of business, which generally serves owner-managed companies and nonprofits with $5 million to $50 million in revenue, is one of the company’s largest lines of business. In 18 years with BOK Financial, Jeter has served in many roles. Most recently, he served as the chief strategy and operations officer for the commercial banking line of business where he was responsible for product development, credit underwriting and approval, technology deployment and charting the strategic vision for commercial banking. Jeter earned a bachelor’s degree in agriculture economics from Oklahoma State and his MBA from University of Oklahoma. He has been honored as a Tulsa 40 Under 40 recipient and was previously awarded the Dan Harris Entrada Award. He has served on numerous nonprofit boards in the community including the Tulsa Stadium Trust, Monte Cassino School Board, Charitable Trust and Finance Committee, VisitTulsa, Tulsa Regional Chamber, Tulsa Sports Commission, Bartlesville Chamber of Commerce and Bartlesville YMCA. Announcement • Sep 08
BOK Financial Corporation Names Derek Martin as Chief Information Officer and Kelley Weil as Consumer Banking Executive BOK Financial Corporation has named Derek Martin as chief information officer and Kelley Weil as Consumer banking executive. As chief information officer, Martin will lead the enterprise operations and information technology division, which enables and supports almost every facet of the company. Martin has been with the company for almost 30 years, most recently serving as Consumer banking executive. He received his bachelor’s degree in finance from University of Central Oklahoma and MBA from Oklahoma City University. He is a graduate of Southern Methodist University’s graduate school of banking, and currently serves on the boards of the Tulsa Children’s Coalition and River Parks Authority. Weil, who previously served as the company’s chief human resources officer, will assume leadership of the company’s Consumer banking division. In that role, she will oversee the company’s consumer banking, mortgage and corporate marketing divisions. Weil has been with the company for almost seven years in a number of roles, including project integration leader for the company’s large acquisition. Prior to joining BOK Financial, she held roles with Covenant Health, PlainsCapital Corporation and Williams. She received her bachelor’s degree in business administration and MBA from Texas Tech University, and serves on the boards of Tulsa Day Center, Tulsa Regional Chamber and Philbrook Museum of Art. Announcement • Aug 18
Bok Financial Corporation Appoints Mark Wade as CEO of Bank of Texas BOK Financial Corporation announced that Mark Wade has been named CEO for Bank of Texas as of Jan. 1, 2023. Wade will assume the role as long-time CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years. Wade joined BOK Financial in 2001 as the Dallas corporate banking manager for Bank of Texas. He helped to launch the company’s healthcare banking division in Texas and formed the commercial finance group, which has grown into a national line of business for the company. He was named president and chief operating officer for Bank of Texas in 2008. Since 2020, he has served as executive director for the company’s Commercial Banking line of business. As Bank of Texas CEO, Wade will lead the company’s growth and strategy across Texas and Arkansas. He will also be responsible for commercial banking, commercial finance and equipment leasing. He earned a bachelor’s degree in Finance from the University of Texas at Austin. He actively supports several organizations including Make-a-Wish Foundation of North Texas, American Cancer Society, Adult Literacy of Texas, United Way, Susan G. Komen of Dallas and Good Night Shelter of North Texas. Recent Insider Transactions • Aug 13
Director recently sold €224k worth of stock On the 11th of August, Steven Bradshaw sold around 3k shares on-market at roughly €89.66 per share. In the last 3 months, they made an even bigger sale worth €833k. Insiders have been net sellers, collectively disposing of €7.5m more than they bought in the last 12 months. Announcement • Aug 12
BOK Financial Appoints New Arkansas Market as President BOK Financial Corporation announced the appointment of Arkansas market as president. He fills the role previously held by Jacob Hudson, who transitioned to a new role in the company earlier this year. Schaechtel has worked in the financial industry for more than 15 years, starting in operations, then assistant branch manager, before becoming a commercial real estate analyst, underwriter and credit specialist. Most recently, he served as a corporate relationship manager at BOK Financial. As market president, Schaechtel will lead operational and business development efforts for all lines of business for BOK Financial in Arkansas including commercial, consumer banking and mortgage. The company has approximately 75 employees in Arkansas serving customers through branches and corporate offices in Fayetteville and Bentonville. Recent Insider Transactions • Aug 02
Insider recently sold €833k worth of stock On the 29th of July, Steven Bradshaw sold around 10k shares on-market at roughly €83.33 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$1.97 (vs US$2.40 in 2Q 2021) Second quarter 2022 results: EPS: US$1.97 (down from US$2.40 in 2Q 2021). Revenue: US$442.6m (down 12% from 2Q 2021). Net income: US$132.8m (down 20% from 2Q 2021). Profit margin: 30% (down from 33% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 2.0%, compared to a 20% growth forecast for the industry in Germany. Announcement • Jul 06
BOK Financial Corporation to Report Q2, 2022 Results on Jul 27, 2022 BOK Financial Corporation announced that they will report Q2, 2022 results Pre-Market on Jul 27, 2022 Announcement • Jul 02
BOK Financial Corporation Announces Resignation of Norm Bagwell as Executive Vice President Norm Bagwell, Executive Vice President of BOK Financial Corporation has announced plans to step down from his current position effective December 31, 2022. Beginning in 2023, Mr. Bagwell will support the organization's talent and business development activities on a part-time basis. BOK Financial plans to appoint a new Chief Executive Officer for the Texas market in the near future. Announcement • Jun 09
BOK Financial Announces Executive Changes BOK Financial announced that Chet Samuelson has been named Arizona market CEO as of July 11, 2022. Samuelson will assume the role upon the planned retirement of Dave Ralston. The change comes as current market executive Dave Ralston, who has served as the market executive since 2005, announced his retirement as of August 1, 2022. Samuelson has more than 20 years of financial services experience, most recently serving as Arizona commercial banking leader for Wells Fargo with responsibility for a $4 billion loan portfolio. He previously served as market president for Utah’s Hillcrest Bank which is part of NBH Bank and regional vice president for Wells Fargo’s eight-state mountain division. He earned a bachelor’s degree in business administration and MBA from Weber State University. He currently serves on the Greater Phoenix Economic Council (GPEC) and Phoenix Chamber of Commerce boards. He previously served on the boards for Utah World Trade Center, Boys and Girls Club of Utah, and Mountain West Capital Network, among others. Recent Insider Transactions • May 21
Insider recently sold €228k worth of stock On the 20th of May, Steven Bangert sold around 3k shares on-market at roughly €75.99 per share. In the last 3 months, there was an even bigger sale from another insider worth €462k. Insiders have been net sellers, collectively disposing of €7.4m more than they bought in the last 12 months. Announcement • May 12
BOK Financial Appoints Scott Andrews as Executive Director BOK Financial has named an executive director of its healthcare banking division. He is Scott Andrews, who has served as chief operating officer of the commercial division since 2017. Announcement • May 05
Bank of Albuquerque Announces Market CEO Changes Kyle Beasley has been named market CEO for Bank of Albuquerque as of July 1, 2022. Beasley will assume the role upon the planned retirement of Jennifer Thomas who served as market executive for 13 years. The change comes as current market executive Jennifer Thomas, who has served as the market executive since 2009, announced her retirement as of Aug. 1, 2022. Kyle Beasley currently serves on the board of the Greater Albuquerque Chamber of Commerce and the New Mexico Bankers Association. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: US$0.92 (vs US$2.10 in 1Q 2021) First quarter 2022 results: EPS: US$0.92 (down from US$2.10 in 1Q 2021). Revenue: US$356.3m (down 26% from 1Q 2021). Net income: US$62.5m (down 57% from 1Q 2021). Profit margin: 18% (down from 30% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 3.0% compared to a 8.7% growth forecast for the industry in Germany. Announcement • Apr 05
BOK Financial Corporation to Report Q1, 2022 Results on Apr 27, 2022 BOK Financial Corporation announced that they will report Q1, 2022 results Pre-Market on Apr 27, 2022 Recent Insider Transactions • Mar 16
Chairman & CEO of Bank of Texas recently sold €462k worth of stock On the 11th of March, Norman Bagwell sold around 5k shares on-market at roughly €92.42 per share. In the last 3 months, there was an even bigger sale from another insider worth €913k. Insiders have been net sellers, collectively disposing of €9.2m more than they bought in the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$8.95 (up from US$6.19 in FY 2020). Revenue: US$1.97b (up 14% from FY 2020). Net income: US$613.8m (up 42% from FY 2020). Profit margin: 31% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.60% (down from 2.83% in FY 2020). Non-performing loans: 1.71% (up from 1.68% in FY 2020). Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is expected to shrink by 8.8% compared to a 11% growth forecast for the banks industry in Germany. Recent Insider Transactions • Feb 09
Insider recently sold €459k worth of stock On the 7th of February, Steven Bangert sold around 5k shares on-market at roughly €91.89 per share. In the last 3 months, there was an even bigger sale from another insider worth €913k. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Recent Insider Transactions • Jan 28
Insider recently sold €913k worth of stock On the 26th of January, Steven Bradshaw sold around 10k shares on-market at roughly €91.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Reported Earnings • Jan 20
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$9.01 (up from US$6.19 in FY 2020). Revenue: US$1.97b (up 14% from FY 2020). Net income: US$618.1m (up 43% from FY 2020). Profit margin: 31% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is expected to shrink by 7.9% compared to a 11% growth forecast for the banks industry in Germany. Recent Insider Transactions • Dec 18
Executive VP recently sold €101k worth of stock On the 13th of December, Steven Nell sold around 1k shares on-market at roughly €92.23 per share. In the last 3 months, there was an even bigger sale from another insider worth €861k. Steven has been a seller over the last 12 months, reducing personal holdings by €852k. Recent Insider Transactions • Dec 04
Executive VP recently sold €751k worth of stock On the 2nd of December, Steven Nell sold around 8k shares on-market at roughly €93.85 per share. In the last 3 months, there was an even bigger sale from another insider worth €861k. This was Steven's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 24
Insider recently sold €96k worth of stock On the 23rd of November, Charles Ball sold around 1k shares on-market at roughly €95.61 per share. In the last 3 months, there was an even bigger sale from another insider worth €861k. Insiders have been net sellers, collectively disposing of €8.5m more than they bought in the last 12 months. Recent Insider Transactions • Oct 24
President recently sold €861k worth of stock On the 22nd of October, Steven Bradshaw sold around 10k shares on-market at roughly €86.14 per share. This was the largest sale by an insider in the last 3 months. Steven has been a seller over the last 12 months, reducing personal holdings by €3.5m. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS US$2.76 (vs US$2.19 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$533.1m (up 5.4% from 3Q 2020). Net income: US$188.3m (up 23% from 3Q 2020). Profit margin: 35% (up from 30% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Executive Departure • Oct 07
Chairman of Transfund Brian Bourgeois has left the company On the 30th of September, Brian Bourgeois' tenure as Chairman of Transfund ended. We don't have any record of a personal shareholding under Brian's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.92 years. Recent Insider Transactions • Sep 01
Insider recently sold €636k worth of stock On the 27th of August, Steven Bangert sold around 8k shares on-market at roughly €75.31 per share. In the last 3 months, they made an even bigger sale worth €1.2m. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months. Recent Insider Transactions • Aug 07
President recently sold €723k worth of stock On the 5th of August, Steven Bradshaw sold around 10k shares on-market at roughly €72.31 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. Steven has been a seller over the last 12 months, reducing personal holdings by €2.6m. Recent Insider Transactions • Jul 28
Insider recently sold €1.2m worth of stock On the 23rd of July, Steven Bangert sold around 17k shares on-market at roughly €68.88 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.5m more than they bought in the last 12 months. Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS US$2.42 (vs US$0.92 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$506.8m (up 35% from 2Q 2020). Net income: US$166.4m (up 159% from 2Q 2020). Profit margin: 33% (up from 17% in 2Q 2020). The increase in margin was driven by higher revenue. Recent Insider Transactions • Jun 07
Insider recently sold €58k worth of stock On the 2nd of June, Charles Ball sold around 767 shares on-market at roughly €75.11 per share. In the last 3 months, there was an even bigger sale from another insider worth €983k. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months. Recent Insider Transactions • May 09
Insider recently sold €318k worth of stock On the 6th of May, Norman Bagwell sold around 4k shares on-market at roughly €74.24 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €3.9m more than they bought in the last 12 months. Recent Insider Transactions • Apr 27
Insider recently sold €983k worth of stock On the 23rd of April, Steven Bangert sold around 14k shares on-market at roughly €72.81 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.1m. Insiders have been net sellers, collectively disposing of €3.5m more than they bought in the last 12 months. 
