Wall Street analysts expect that BOK Financial Corporation (NASDAQ:BOKF) will announce $392.05 million in sales for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for BOK Financial Corporation’s earnings. The highest sales estimate is $399.60 million and the lowest is $388.40 million. BOK Financial Corporation reported sales of $379.19 million in the same quarter last year, which indicates a positive year-over-year growth rate of 3.4%. The business is expected to announce its next quarterly earnings report before the market opens on Wednesday, October 25th.

According to Zacks, analysts expect that BOK Financial Corporation will report full year sales of $392.05 million for the current financial year, with estimates ranging from $1.53 billion to $1.56 billion. For the next financial year, analysts expect that the company will report sales of $1.62 billion per share, with estimates ranging from $1.60 billion to $1.64 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow BOK Financial Corporation.

BOK Financial Corporation (NASDAQ:BOKF) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.05. The firm had revenue of $387.46 million for the quarter, compared to analyst estimates of $384.52 million. BOK Financial Corporation had a net margin of 18.96% and a return on equity of 8.87%. During the same period in the previous year, the company earned $1.00 earnings per share.

Several research analysts have issued reports on the stock. BidaskClub downgraded shares of BOK Financial Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Royal Bank Of Canada reissued a “hold” rating and set a $90.00 price objective on shares of BOK Financial Corporation in a research report on Friday, July 7th. Stephens set a $95.00 price objective on shares of BOK Financial Corporation and gave the stock a “buy” rating in a research report on Wednesday, July 26th. ValuEngine raised shares of BOK Financial Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $90.00 price objective on shares of BOK Financial Corporation in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $90.25.

Shares of BOK Financial Corporation (NASDAQ BOKF) traded up 0.32% during midday trading on Tuesday, hitting $90.14. 18,392 shares of the stock were exchanged. BOK Financial Corporation has a 12 month low of $68.72 and a 12 month high of $92.08. The company has a market cap of $5.90 billion, a PE ratio of 19.68 and a beta of 1.01. The stock has a 50 day moving average price of $86.18 and a 200-day moving average price of $83.46.

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In other news, EVP Stephen D. Grossi sold 550 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $81.62, for a total value of $44,891.00. Following the completion of the sale, the executive vice president now owns 12,601 shares in the company, valued at approximately $1,028,493.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Stacy Kymes sold 3,000 shares of the firm’s stock in a transaction on Friday, July 28th. The stock was sold at an average price of $85.06, for a total transaction of $255,180.00. Following the completion of the sale, the executive vice president now owns 29,627 shares of the company’s stock, valued at approximately $2,520,072.62. The disclosure for this sale can be found here. 62.00% of the stock is currently owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. Marshall Wace North America L.P. lifted its stake in shares of BOK Financial Corporation by 55.2% in the 2nd quarter. Marshall Wace North America L.P. now owns 10,174 shares of the bank’s stock worth $854,000 after acquiring an additional 3,619 shares during the period. Geode Capital Management LLC lifted its stake in shares of BOK Financial Corporation by 6.4% in the 1st quarter. Geode Capital Management LLC now owns 227,576 shares of the bank’s stock worth $17,812,000 after acquiring an additional 13,728 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of BOK Financial Corporation by 23.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 24,064 shares of the bank’s stock worth $2,025,000 after acquiring an additional 4,585 shares during the period. Bank of America Corp DE lifted its stake in shares of BOK Financial Corporation by 45.8% in the 1st quarter. Bank of America Corp DE now owns 54,613 shares of the bank’s stock worth $4,275,000 after acquiring an additional 17,155 shares during the period. Finally, US Bancorp DE lifted its stake in shares of BOK Financial Corporation by 31.2% in the 2nd quarter. US Bancorp DE now owns 6,595 shares of the bank’s stock worth $555,000 after acquiring an additional 1,570 shares during the period. Institutional investors own 31.71% of the company’s stock.

About BOK Financial Corporation

BOK Financial Corporation is a financial holding company. The Company offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri. The Company’s segments include Commercial Banking, Consumer Banking, Wealth Management, and Funds Management and Other.

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Earnings History and Estimates for BOK Financial Corporation (NASDAQ:BOKF)

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