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BOKF

BOK FinancialNasdaqGS:BOKF Stock Report

Last Price

US$101.33

Market Cap

US$6.9b

7D

-5.7%

1Y

33.4%

Updated

26 Jan, 2022

Data

Company Financials +
BOKF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends5/6

BOKF Stock Overview

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.

BOK Financial Competitors

Signature Bank

NasdaqGS:SBNY

US$19.2b

Western Alliance Bancorporation

NYSE:WAL

US$11.4b

Commerce Bancshares

NasdaqGS:CBSH

US$8.4b

Cullen/Frost Bankers

NYSE:CFR

US$8.3b

Price History & Performance

Summary of all time highs, changes and price drops for BOK Financial
Historical stock prices
Current Share PriceUS$101.33
52 Week HighUS$120.20
52 Week LowUS$72.81
Beta1.44
1 Month Change-3.50%
3 Month Change-0.24%
1 Year Change33.36%
3 Year Change19.09%
5 Year Change23.97%
Change since IPO2,237.74%

Recent News & Updates

Jan 22

BOK Financial: Anticipated Top Line Growth Not High Enough To Counter Pressures On Earnings

Economic recovery and tapering-off of heightened payoffs and forgiveness will likely drive loan growth this year. The margin will likely expand on the back of a rising interest-rate environment. Further, the asset mix will likely improve this year which will benefit the margin. Due to higher loan growth, the provisioning for loan losses will likely trend upwards this year. The December 2022 target price suggests a small downside from the current market price. Further, BOKF is offering a low dividend yield.

Nov 07
BOK Financial (NASDAQ:BOKF) Is Increasing Its Dividend To US$0.53

BOK Financial (NASDAQ:BOKF) Is Increasing Its Dividend To US$0.53

The board of BOK Financial Corporation ( NASDAQ:BOKF ) has announced that it will be increasing its dividend on the...

Shareholder Returns

BOKFUS BanksUS Market
7D-5.7%-4.5%-5.1%
1Y33.4%28.6%3.3%

Return vs Industry: BOKF exceeded the US Banks industry which returned 28.6% over the past year.

Return vs Market: BOKF exceeded the US Market which returned 3.3% over the past year.

Price Volatility

Is BOKF's price volatile compared to industry and market?
BOKF volatility
BOKF Average Weekly Movement4.2%
Banks Industry Average Movement3.9%
Market Average Movement6.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.4%

Stable Share Price: BOKF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BOKF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19104,794Stacy Kymeshttps://investor.bokf.com

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, and cash management services, as well as customer risk management products for small businesses, middle market, and larger commercial customers.

BOK Financial Fundamentals Summary

How do BOK Financial's earnings and revenue compare to its market cap?
BOKF fundamental statistics
Market CapUS$6.94b
Earnings (TTM)US$618.12m
Revenue (TTM)US$1.97b

11.2x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOKF income statement (TTM)
RevenueUS$1.97b
Cost of RevenueUS$0
Gross ProfitUS$1.97b
ExpensesUS$1.36b
EarningsUS$618.12m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.03
Gross Margin100.00%
Net Profit Margin31.32%
Debt/Equity Ratio51.6%

How did BOKF perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is BOK Financial undervalued compared to its fair value and its price relative to the market?

0.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOKF ($101.33) is trading below our estimate of fair value ($101.84)

Significantly Below Fair Value: BOKF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BOKF is poor value based on its PE Ratio (11.2x) compared to the US Banks industry average (11x).

PE vs Market: BOKF is good value based on its PE Ratio (11.2x) compared to the US market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: BOKF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BOKF is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Future Growth

How is BOK Financial forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

-13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOKF's earnings are forecast to decline over the next 3 years (-13.7% per year).

Earnings vs Market: BOKF's earnings are forecast to decline over the next 3 years (-13.7% per year).

High Growth Earnings: BOKF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BOKF's revenue is expected to decline over the next 3 years (-1.6% per year).

High Growth Revenue: BOKF's revenue is forecast to decline over the next 3 years (-1.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOKF's Return on Equity is forecast to be low in 3 years time (8.5%).


Past Performance

How has BOK Financial performed over the past 5 years?

15.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOKF has high quality earnings.

Growing Profit Margin: BOKF's current net profit margins (31.3%) are higher than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: BOKF's earnings have grown by 15% per year over the past 5 years.

Accelerating Growth: BOKF's earnings growth over the past year (42.9%) exceeds its 5-year average (15% per year).

Earnings vs Industry: BOKF earnings growth over the past year (42.9%) underperformed the Banks industry 43.8%.


Return on Equity

High ROE: BOKF's Return on Equity (11.5%) is considered low.


Financial Health

How is BOK Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BOKF's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: BOKF has a low allowance for bad loans (74%).

Low Risk Liabilities: 92% of BOKF's liabilities are made up of primarily low risk sources of funding.

Loan Level: BOKF has an appropriate level of Loans to Assets ratio (40%).

Low Risk Deposits: BOKF's Loans to Deposits ratio (48%) is appropriate.

Level of Bad Loans: BOKF has an appropriate level of bad loans (1.7%).


Dividend

What is BOK Financial current dividend yield, its reliability and sustainability?

2.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOKF's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: BOKF's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (3.56%).


Stability and Growth of Payments

Stable Dividend: BOKF's dividends per share have been stable in the past 10 years.

Growing Dividend: BOKF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.2%), BOKF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOKF's dividends in 3 years are forecast to be well covered by earnings (30.7% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

7.0yrs

Average management tenure


CEO

Stacy Kymes (50 yo)

no data

Tenure

US$1,900,763

Compensation

Mr. Stacy C. Kymes serves as President and Chief Executive Officer at BOK Financial Corporation since April 1, 2022. Mr. Kymes had been Chief Operating Officer at BOK Financial Corporation since March 2021...


CEO Compensation Analysis

Compensation vs Market: Stacy's total compensation ($USD1.90M) is below average for companies of similar size in the US market ($USD6.49M).

Compensation vs Earnings: Stacy's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BOKF's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: BOKF's board of directors are seasoned and experienced ( 13.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BOKF insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BOK Financial Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: BOK Financial Corporation
  • Ticker: BOKF
  • Exchange: NasdaqGS
  • Founded: 1910
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$6.938b
  • Shares outstanding: 68.47m
  • Website: https://investor.bokf.com

Number of Employees


Location

  • BOK Financial Corporation
  • Bank of Oklahoma Tower
  • Boston Avenue at Second Street
  • Tulsa
  • Oklahoma
  • 74172
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 23:58
End of Day Share Price2022/01/26 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.