Equities research analysts expect that BOK Financial Corporation (NASDAQ:BOKF) will announce $390.82 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for BOK Financial’s earnings, with the highest sales estimate coming in at $394.82 million and the lowest estimate coming in at $387.20 million. BOK Financial reported sales of $356.23 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.7%. The business is expected to report its next quarterly earnings results on Wednesday, January 24th.
On average, analysts expect that BOK Financial will report full year sales of $390.82 million for the current financial year, with estimates ranging from $1.53 billion to $1.56 billion. For the next financial year, analysts forecast that the company will post sales of $1.61 billion per share, with estimates ranging from $1.59 billion to $1.63 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover BOK Financial.
BOK Financial (NASDAQ:BOKF) last released its quarterly earnings data on Wednesday, October 25th. The bank reported $1.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.36 by ($0.05). The business had revenue of $394.16 million for the quarter, compared to analysts’ expectations of $392.05 million. BOK Financial had a net margin of 19.31% and a return on equity of 9.15%. During the same period last year, the company earned $1.13 earnings per share.
Several large investors have recently added to or reduced their stakes in BOKF. Teachers Advisors LLC increased its stake in BOK Financial by 5.8% during the 1st quarter. Teachers Advisors LLC now owns 28,911 shares of the bank’s stock valued at $2,263,000 after purchasing an additional 1,582 shares in the last quarter. UBS Group AG grew its stake in shares of BOK Financial by 81.3% during the 1st quarter. UBS Group AG now owns 3,670 shares of the bank’s stock valued at $288,000 after purchasing an additional 1,646 shares during the period. Bank of America Corp DE lifted its position in shares of BOK Financial by 45.8% during the 1st quarter. Bank of America Corp DE now owns 54,613 shares of the bank’s stock valued at $4,275,000 after buying an additional 17,155 shares in the last quarter. Aperio Group LLC lifted its position in shares of BOK Financial by 6.6% during the 2nd quarter. Aperio Group LLC now owns 13,267 shares of the bank’s stock valued at $1,116,000 after buying an additional 818 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of BOK Financial by 31.2% in the 2nd quarter. US Bancorp DE now owns 6,595 shares of the bank’s stock worth $555,000 after buying an additional 1,570 shares during the period. Institutional investors own 31.55% of the company’s stock.
BOK Financial (BOKF) opened at $89.00 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of $5,704.56, a PE ratio of 18.27, a PEG ratio of 2.04 and a beta of 1.01. BOK Financial has a 1-year low of $73.44 and a 1-year high of $92.08.
The firm also recently announced a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Monday, November 13th were given a dividend of $0.45 per share. The ex-dividend date was Friday, November 10th. This is an increase from BOK Financial’s previous quarterly dividend of $0.44. This represents a $1.80 annualized dividend and a yield of 2.02%. BOK Financial’s dividend payout ratio (DPR) is currently 37.74%.
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BOK Financial Company Profile
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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