FY2025 EPS Estimates for BOK Financial Decreased by Analyst

BOK Financial Co. (NASDAQ:BOKF) – Analysts at DA Davidson cut their FY2025 earnings per share estimates for shares of BOK Financial in a note issued to investors on Wednesday, October 23rd. DA Davidson analyst P. Winter now forecasts that the bank will post earnings of $8.58 per share for the year, down from their previous estimate of $8.71. DA Davidson has a “Buy” rating and a $123.00 price objective on the stock. The consensus estimate for BOK Financial’s current full-year earnings is $7.85 per share.

BOK Financial (NASDAQ:BOKF) last issued its quarterly earnings results on Monday, October 21st. The bank reported $2.18 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.20. The company had revenue of $888.50 million during the quarter, compared to the consensus estimate of $509.43 million. BOK Financial had a return on equity of 9.94% and a net margin of 13.92%. During the same period in the previous year, the firm posted $2.04 EPS.

A number of other analysts also recently commented on the company. Wells Fargo & Company upped their price objective on BOK Financial from $100.00 to $102.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 1st. Wedbush restated a “neutral” rating and set a $115.00 price objective on shares of BOK Financial in a report on Tuesday, October 22nd. Truist Financial upgraded BOK Financial from a “hold” rating to a “buy” rating and upped their price objective for the stock from $112.00 to $123.00 in a report on Friday, September 20th. Keefe, Bruyette & Woods upped their price objective on BOK Financial from $100.00 to $110.00 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Finally, StockNews.com upgraded BOK Financial from a “sell” rating to a “hold” rating in a report on Friday, July 26th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, BOK Financial has an average rating of “Hold” and a consensus target price of $111.90.

BOK Financial Trading Down 2.2 %

Shares of BOKF opened at $105.66 on Friday. The company has a market capitalization of $6.82 billion, a PE ratio of 15.40 and a beta of 1.17. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.81 and a current ratio of 0.82. The stock has a fifty day moving average of $104.80 and a two-hundred day moving average of $97.27. BOK Financial has a fifty-two week low of $62.42 and a fifty-two week high of $114.93.

BOK Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a $0.55 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.20 annualized dividend and a yield of 2.08%. BOK Financial’s dividend payout ratio is currently 32.07%.

Institutional Trading of BOK Financial

Several large investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its holdings in BOK Financial by 1.4% in the 2nd quarter. American Century Companies Inc. now owns 16,056 shares of the bank’s stock valued at $1,471,000 after purchasing an additional 225 shares in the last quarter. Covestor Ltd boosted its position in BOK Financial by 361.8% in the 1st quarter. Covestor Ltd now owns 471 shares of the bank’s stock valued at $43,000 after buying an additional 369 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in BOK Financial in the 2nd quarter valued at about $39,000. Vanguard Personalized Indexing Management LLC boosted its position in BOK Financial by 18.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,816 shares of the bank’s stock valued at $258,000 after buying an additional 431 shares during the last quarter. Finally, Olistico Wealth LLC purchased a new position in BOK Financial in the 2nd quarter valued at about $46,000. 34.44% of the stock is currently owned by institutional investors and hedge funds.

About BOK Financial

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.