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BOKF

BOK FinancialNasdaqGS:BOKF Stock Report

Market Cap

US$7.0b

7D

6.8%

1Y

74.1%

Updated

26 Oct, 2021

Data

Company Financials +
BOKF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends5/6

BOKF 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$18.7b

Western Alliance Bancorporation

NYSE:WAL

US$12.2b

Cullen/Frost Bankers

NYSE:CFR

US$8.4b

Pinnacle Financial Partners

NasdaqGS:PNFP

US$7.5b

Price History & Performance

Summary of all time highs, changes and price drops for BOK Financial
Historical stock prices
Current Share PriceUS$101.32
52 Week HighUS$55.83
52 Week LowUS$103.25
Beta1.43
1 Month Change14.23%
3 Month Change21.36%
1 Year Change74.12%
3 Year Change17.60%
5 Year Change43.37%
Change since IPO2,237.51%

Recent News & Updates

Sep 13
Does BOK Financial (NASDAQ:BOKF) Deserve A Spot On Your Watchlist?

Does BOK Financial (NASDAQ:BOKF) Deserve A Spot On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

BOKFUS BanksUS Market
7D6.8%2.9%1.9%
1Y74.1%77.0%33.4%

Return vs Industry: BOKF underperformed the US Banks industry which returned 77% over the past year.

Return vs Market: BOKF exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is BOKF's price volatile compared to industry and market?
BOKF volatility
BOKF Beta1.43
Industry Beta1.32
Market Beta1

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
19104,817Steve Bradshawhttps://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$6.95b
Earnings (TTM)US$652.42m
Revenue (TTM)US$2.03b

10.7x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOKF income statement (TTM)
RevenueUS$2.03b
Cost of RevenueUS$0
Gross ProfitUS$2.03b
ExpensesUS$1.37b
EarningsUS$652.42m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.51
Gross Margin100.00%
Net Profit Margin32.20%
Debt/Equity Ratio32.5%

How did BOKF perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

5%

Payout Ratio

Valuation

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

10.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOKF ($101.32) is trading below our estimate of fair value ($112.6)

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 good value based on its PE Ratio (10.7x) compared to the US Banks industry average (11.1x).

PE vs Market: BOKF is good value based on its PE Ratio (10.7x) compared to the US market (18.3x).


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 10 analysts?

-14.6%

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 (-14.6% per year).

Earnings vs Market: BOKF's earnings are forecast to decline over the next 3 years (-14.6% per year).

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

Revenue vs Market: BOKF's revenue (0.7% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: BOKF's revenue (0.7% per year) is forecast to grow slower than 20% 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 (8.2%).


Past Performance

How has BOK Financial performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOKF has high quality earnings.

Growing Profit Margin: BOKF's current net profit margins (32.2%) are higher than last year (23.4%).


Past Earnings Growth Analysis

Earnings Trend: BOKF's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: BOKF's earnings growth over the past year (67.8%) exceeds its 5-year average (15.5% per year).

Earnings vs Industry: BOKF earnings growth over the past year (67.8%) exceeded the Banks industry 37.8%.


Return on Equity

High ROE: BOKF's Return on Equity (12.1%) 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 (8.7x) is low.

Allowance for Bad Loans: BOKF has a low allowance for bad loans (86%).

Low Risk Liabilities: 93% 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 (43%).

Low Risk Deposits: BOKF's Loans to Deposits ratio (52%) is appropriate.

Level of Bad Loans: BOKF has an appropriate level of bad loans (1.6%).


Dividend

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

2.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOKF's dividend (2.05%) is higher than the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: BOKF's dividend (2.05%) is low compared to the top 25% of dividend payers in the US market (3.48%).


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 (5.5%), BOKF's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOKF's dividends in 3 years are forecast to be well covered by earnings (31.3% payout ratio).


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Steve Bradshaw (61 yo)

7.75yrs

Tenure

US$5,523,014

Compensation

Mr. Steven Glen Bradshaw, also known as Steve, serves as President and Chief Executive Officer of BOK Financial Corporation (“BOK Financial”) and BOKF, National Association ("BOKF") since January 1, 2014....


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD5.52M) is about average for companies of similar size in the US market ($USD6.29M).

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


Leadership Team

Experienced Management: BOKF's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: BOKF's board of directors are seasoned and experienced ( 12.1 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
  • Market Cap: US$6.950b
  • Shares outstanding: 68.60m
  • 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 Analysis2021/10/26 22:33
End of Day Share Price2021/10/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.