BOK Financial (NASDAQ:BOKF) reported its earnings on July 22nd, showing $2.54 per share (EPS), which exceeded the $1.89 expected by analysts. The bank’s revenue was $871.84 million, beating estimates of $520.43 million. Last year, its EPS was $2.27. Analysts predict $8 EPS for both this and next fiscal year.
BOK Financial Up 2.7%
BOKF shares opened at $107.95. The 12-month trading range is $62.42 to $109.00. The market cap is $6.96 billion, with a PE ratio of 15.74.
BOK Financial Declares Dividend
The company paid a quarterly dividend of $0.55 on August 30th to shareholders recorded before August 15th. This yields 2.04% with an annual payout of $2.20.
Analyst Upgrades
Wells Fargo raised its price target for BOKF from $100 to $102. Royal Bank of Canada increased theirs from $99 to $114. Truist Financial upgraded it to “buy” with a new target of $123. The consensus rating is currently “Hold” with a price target of $109.80.
Check Out Our Latest Report on BOKF
BOK Financial Overview
BOK Financial Corporation, based in Oklahoma, offers various financial services across several states. It’s divided into segments: Commercial Banking, Consumer Banking, and Wealth Management.
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