$1.34 Earnings Per Share Expected for BOK Financial Co. (BOKF) This Quarter

Analysts expect BOK Financial Co. (NASDAQ:BOKF) to report $1.34 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for BOK Financial’s earnings, with the highest EPS estimate coming in at $1.37 and the lowest estimate coming in at $1.27. BOK Financial posted earnings of $0.76 per share during the same quarter last year, which suggests a positive year over year growth rate of 76.3%. The firm is expected to report its next quarterly earnings results before the market opens on Wednesday, January 24th.

On average, analysts expect that BOK Financial will report full-year earnings of $5.36 per share for the current year, with EPS estimates ranging from $5.34 to $5.37. For the next financial year, analysts anticipate that the firm will report earnings of $6.06 per share, with EPS estimates ranging from $5.47 to $6.61. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts 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 analysts’ consensus estimates of $1.36 by ($0.05). The business had revenue of $394.16 million during the quarter, compared to analyst estimates of $392.05 million. BOK Financial had a return on equity of 9.15% and a net margin of 19.31%. During the same period in the prior year, the firm earned $1.13 EPS.

A number of research firms have commented on BOKF. Morgan Stanley lifted their price objective on shares of BOK Financial from $85.00 to $99.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th. ValuEngine raised shares of BOK Financial from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $92.00 price objective on shares of BOK Financial in a report on Friday, October 27th. Finally, Zacks Investment Research raised shares of BOK Financial from a “hold” rating to a “strong-buy” rating and set a $108.00 price objective for the company in a report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. BOK Financial currently has an average rating of “Hold” and an average target price of $93.75.

BOK Financial (BOKF) opened at $96.70 on Friday. The company has a market cap of $6,264.21, a price-to-earnings ratio of 20.27, a price-to-earnings-growth ratio of 1.98 and a beta of 1.00. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.82. BOK Financial has a 1-year low of $73.44 and a 1-year high of $96.96.

A number of hedge funds have recently bought and sold shares of the business. Legal & General Group Plc lifted its stake in BOK Financial by 1.5% in the second quarter. Legal & General Group Plc now owns 8,819 shares of the bank’s stock valued at $742,000 after buying an additional 129 shares during the last quarter. People s United Financial Inc. lifted its stake in BOK Financial by 1.2% in the second quarter. People s United Financial Inc. now owns 10,643 shares of the bank’s stock valued at $895,000 after buying an additional 130 shares during the last quarter. Nationwide Fund Advisors lifted its stake in BOK Financial by 2.0% in the second quarter. Nationwide Fund Advisors now owns 15,010 shares of the bank’s stock valued at $1,263,000 after buying an additional 300 shares during the last quarter. Amalgamated Bank lifted its stake in BOK Financial by 22.4% in the second quarter. Amalgamated Bank now owns 4,510 shares of the bank’s stock valued at $379,000 after buying an additional 826 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in BOK Financial by 1.9% in the second quarter. TIAA CREF Investment Management LLC now owns 52,179 shares of the bank’s stock valued at $4,390,000 after buying an additional 954 shares during the last quarter. Institutional investors own 31.56% of the company’s stock.

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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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