NasdaqGS:BOKF

Stock Analysis Report

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Market Cap

US$6.0b

Last Updated

2021/08/03 23:45 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Excellent balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has BOK Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

4.4%

BOKF

1.2%

US Banks

0.9%

US Market


1 Year Return

56.3%

BOKF

61.5%

US Banks

34.7%

US Market

Return vs Industry: BOKF underperformed the US Banks industry which returned 58.2% over the past year.

Return vs Market: BOKF exceeded the US Market which returned 34.4% over the past year.


Shareholder returns

BOKFIndustryMarket
7 Day4.4%1.2%0.9%
30 Day-0.2%-2.6%0.2%
90 Day-4.6%-5.6%4.7%
1 Year60.8%56.3%66.0%61.5%36.8%34.7%
3 Year-5.9%-13.2%18.3%8.1%62.5%52.4%
5 Year44.0%27.3%91.4%67.4%123.1%98.4%

Long-Term Price Volatility Vs. Market

How volatile is BOK Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

33.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOKF ($85.76) is trading below our estimate of fair value ($129.17)

Significantly Below Fair Value: BOKF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BOKF is good value based on its PE Ratio (9.6x) compared to the US Banks industry average (10.7x).

PE vs Market: BOKF is good value based on its PE Ratio (9.6x) compared to the US market (17.9x).


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's PB Ratio (1.1x) is in line with the US Banks industry average.


Future Growth

How is BOK Financial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-11.3%

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 (-11.3% per year).

Earnings vs Market: BOKF's earnings are forecast to decline over the next 3 years (-11.3% per year).

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

Revenue vs Market: BOKF's revenue (1% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: BOKF's revenue (1% 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 (8.5%).


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%) are higher than last year (23.5%).


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 (63.8%) exceeds its 5-year average (15% per year).

Earnings vs Industry: BOKF earnings growth over the past year (63.8%) exceeded the Banks industry 35.1%.


Return on Equity

High ROE: BOKF's Return on Equity (11.6%) 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 (8.8x) is low.

Allowance for Bad Loans: BOKF has a low allowance for bad loans (89%).

Low Risk Liabilities: 90% 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 (45%).

Low Risk Deposits: BOKF's Loans to Deposits ratio (56%) 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?

2.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOKF's dividend (2.43%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: BOKF's dividend (2.43%) is low compared to the top 25% of dividend payers in the US market (3.57%).


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 (11.7%), 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 (32.3% payout ratio).


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Steve Bradshaw (61 yo)

7.58yrs

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 ($USD5.52M) is about average for companies of similar size in the US market ($USD6.51M).

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 (5.8 years average tenure).


Board Members

Experienced Board: BOKF's board of directors are seasoned and experienced ( 14.3 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 company bio, 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$5.965b
  • Shares outstanding: 69.56m
  • 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


Biography

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,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 23:45
End of Day Share Price2021/08/03 00:00
Earnings2021/06/30
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.