BOK Financial (NASDAQ:BOKF) Releases Quarterly Earnings Results, Beats Estimates By $0.29 EPS

BOK Financial (NASDAQ:BOKF) issued its quarterly earnings data on Tuesday. The bank reported $2.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.92 by $0.29, MarketWatch Earnings reports. BOK Financial had a return on equity of 7.73% and a net margin of 18.23%. During the same period last year, the firm posted $1.56 earnings per share.

NASDAQ:BOKF traded down $1.54 during trading hours on Thursday, reaching $78.07. 3,656 shares of the stock were exchanged, compared to its average volume of 333,760. BOK Financial has a twelve month low of $34.57 and a twelve month high of $86.30. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.78 and a quick ratio of 0.77. The firm has a 50 day moving average of $71.97 and a 200 day moving average of $61.47. The stock has a market cap of $5.49 billion, a PE ratio of 14.02 and a beta of 1.58.

Several brokerages recently issued reports on BOKF. Morgan Stanley boosted their price objective on BOK Financial from $81.00 to $85.00 and gave the company an “equal weight” rating in a research report on Thursday, January 7th. Wells Fargo & Company boosted their price objective on BOK Financial from $80.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday. Truist boosted their price objective on BOK Financial from $60.00 to $69.00 and gave the company a “hold” rating in a research report on Monday, October 26th. TheStreet raised BOK Financial from a “c+” rating to a “b” rating in a research report on Tuesday, November 10th. Finally, Zacks Investment Research raised BOK Financial from a “hold” rating to a “strong-buy” rating and set a $81.00 price target for the company in a research report on Tuesday, December 8th. Seven research analysts have rated the stock with a hold rating, one has assigned 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 price target of $74.57.

BOK Financial Company Profile

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.

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Earnings History for BOK Financial (NASDAQ:BOKF)

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