BOK Financial (NASDAQ:BOKF – Get Free Report) issued its earnings results on Wednesday. The bank reported $1.91 EPS for the quarter, topping the consensus estimate of $1.72 by $0.19, Briefing.com reports. The company had revenue of $806.91 million during the quarter, compared to analyst estimates of $473.70 million. BOK Financial had a return on equity of 10.62% and a net margin of 13.93%. During the same quarter last year, the firm earned $2.43 EPS.
BOK Financial Trading Up 0.7 %
Shares of BOKF stock traded up $0.62 during trading hours on Friday, reaching $90.58. The company had a trading volume of 55,514 shares, compared to its average volume of 161,272. The company has a 50 day moving average of $87.41 and a 200 day moving average of $81.42. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 13.19 and a beta of 1.21. BOK Financial has a 1-year low of $62.42 and a 1-year high of $93.51.
BOK Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date was Tuesday, February 13th. BOK Financial’s dividend payout ratio (DPR) is currently 32.07%.
Wall Street Analyst Weigh In
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Insider Activity
In other 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 owns 50,985 shares of the company’s stock, valued at approximately $4,159,866.15. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 56.94% of the stock is currently owned by company insiders.
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.
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