BOK Financial (NASDAQ:BOKF – Get Free Report) posted its earnings results on Wednesday. The bank reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.19, Briefing.com reports. The business had revenue of $806.91 million during the quarter, compared to analysts’ expectations of $473.70 million. BOK Financial had a return on equity of 10.62% and a net margin of 13.93%. During the same period in the prior year, the business earned $2.43 EPS.
BOK Financial Trading Up 0.6 %
Shares of BOK Financial stock traded up $0.54 on Friday, reaching $90.50. 78,035 shares of the company’s stock were exchanged, compared to its average volume of 161,536. The company has a market capitalization of $5.85 billion, a P/E ratio of 13.19 and a beta of 1.21. BOK Financial has a 52 week low of $62.42 and a 52 week high of $93.51. The firm’s 50-day moving average is $87.41 and its two-hundred day moving average is $81.42. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.85 and a current ratio of 0.85.
BOK Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Tuesday, February 13th. BOK Financial’s payout ratio is 32.07%.
Analysts Set New Price Targets
Check Out Our Latest Report on BOKF
Insiders Place Their Bets
In related news, Director Steven Bangert sold 3,000 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $81.59, for a total value of $244,770.00. Following the transaction, the director now directly owns 50,985 shares in the company, valued at approximately $4,159,866.15. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 56.94% of the company’s stock.
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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