Analysts Set Expectations for BOK Financial FY2025 Earnings

BOK Financial Co. (NASDAQ:BOKF - Free Report) - Investment analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for BOK Financial in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $8.59 for the year, down from their prior estimate of $8.61. The consensus estimate for BOK Financial's current full-year earnings is $8.83 per share.

Several other research firms have also weighed in on BOKF. Royal Bank of Canada lifted their target price on shares of BOK Financial from $115.00 to $120.00 and gave the company a "sector perform" rating in a report on Wednesday, January 22nd. StockNews.com lowered BOK Financial from a "buy" rating to a "hold" rating in a research report on Monday, March 17th. Barclays lowered their price target on shares of BOK Financial from $115.00 to $110.00 and set an "equal weight" rating for the company in a report on Tuesday. Finally, Stephens cut their price objective on shares of BOK Financial from $135.00 to $127.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 22nd. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $118.20.

BOK Financial Trading Up 4.0 %

BOKF stock traded up $3.56 during midday trading on Friday, reaching $92.63. 106,374 shares of the company's stock traded hands, compared to its average volume of 144,114. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.75 and a quick ratio of 0.79. BOK Financial has a fifty-two week low of $85.02 and a fifty-two week high of $121.58. The business has a 50-day moving average price of $104.76 and a two-hundred day moving average price of $108.69. The company has a market capitalization of $5.95 billion, a P/E ratio of 11.49 and a beta of 0.93.

BOK Financial (NASDAQ:BOKF - Get Free Report) last released its quarterly earnings data on Friday, January 17th. The bank reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.15. BOK Financial had a return on equity of 9.86% and a net margin of 15.32%.

Institutional Investors Weigh In On BOK Financial

A number of hedge funds have recently made changes to their positions in BOKF. Venturi Wealth Management LLC increased its position in BOK Financial by 33.8% in the 4th quarter. Venturi Wealth Management LLC now owns 396 shares of the bank's stock valued at $42,000 after acquiring an additional 100 shares during the period. CIBC Asset Management Inc increased its holdings in shares of BOK Financial by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 2,041 shares of the bank's stock valued at $217,000 after purchasing an additional 107 shares during the period. True Wealth Design LLC raised its stake in shares of BOK Financial by 66.9% during the fourth quarter. True Wealth Design LLC now owns 282 shares of the bank's stock valued at $30,000 after purchasing an additional 113 shares in the last quarter. US Bancorp DE lifted its holdings in BOK Financial by 12.5% in the fourth quarter. US Bancorp DE now owns 1,088 shares of the bank's stock worth $116,000 after purchasing an additional 121 shares during the period. Finally, Tidal Investments LLC grew its position in BOK Financial by 1.7% in the 3rd quarter. Tidal Investments LLC now owns 8,919 shares of the bank's stock valued at $933,000 after buying an additional 147 shares in the last quarter. Institutional investors own 34.44% of the company's stock.

BOK Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a $0.57 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $2.28 annualized dividend and a dividend yield of 2.46%. BOK Financial's payout ratio is currently 28.04%.

About BOK Financial

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.