Bok Financial (BOKF) AI Stock Analysis

• Market Cap: $7.13B
• Dividend Yield: 2.04%
• Average Volume (3M): 202.05K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 1.03
• Revenue Growth: -0.54%
• EPS Growth: 16.85%
• Country: US
• Employees: 5,030
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 2.19
• Shares Outstanding: 63,611,095
• 10 Day Avg. Volume: 243,722
• 30 Day Avg. Volume: 202,050
• PEG Ratio: 8.66
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 2.02
• P/FCF Ratio: 4.74
• Enterprise Value/Market Cap: 1.39
• Enterprise Value/Revenue: 3.49
• Enterprise Value/Gross Profit: 6.44
• Enterprise Value/Ebitda: 12.53
• 1Y Price Target: $116.44
• Price Target Upside: 3.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 75 Outperform
• Price Target: $127.00 ▲(12.71% Upside)

Bok Financial's strong earnings call performance and positive technical indicators are the most significant factors driving the score. While financial performance shows profitability, concerns about revenue growth and cash flow efficiency remain. The stock's valuation is fair, with a reasonable P/E ratio and dividend yield.

Positive Factors

Loan Growth Momentum

Sustained loan growth indicates strong demand for BOK Financial's lending services, supporting revenue stability and market position.

Diversified Revenue Streams

Diversified revenue streams reduce dependency on any single income source, enhancing resilience against market fluctuations.

Strong Capital Levels

Robust capital levels provide financial stability and flexibility to invest in growth opportunities and withstand economic downturns.

Negative Factors

Declining Revenue Growth

Declining revenue growth could signal challenges in expanding market share or product adoption, impacting long-term profitability.

Cash Flow Efficiency Issues

Reduced cash flow growth and low conversion efficiency may limit BOK Financial's ability to fund operations and invest in growth.

Increased Non-Personnel Expenses

Rising expenses, particularly in technology, could pressure margins if not offset by revenue growth, affecting profitability.

Bok Financial Business Overview & Revenue Model

Company Description

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. The Commercial Banking segment offers lending, treasury, cash management, and customer commodity risk management products for small businesses, middle market, and larger commercial customers, as well as operates TransFund electronic funds transfer network. The Consumer Banking segment provides lending and deposit services to small business customers through consumer branch network; and engages in the mortgage loan origination and servicing activities. The Wealth Management segment offers fiduciary, private bank, insurance, and investment advisory services; and brokerage and trading services primarily related to providing liquidity to the mortgage markets through trading of U.S. government agency mortgage-backed securities and related derivative contracts, as well as underwrites state and municipal securities. The company also provides commercial loans, such as loans for working capital, facilities acquisition or expansion, purchases of equipment, and other needs of commercial customers; and service, healthcare, manufacturing, wholesale/retail, energy, and other sector loans. In addition, it offers commercial real estate loans for the construction of buildings or other enhancements to real estate and property held by borrowers for investment purposes; and residential mortgage and personal loans. Further, the company provides automated teller machine (ATM), call center, and Internet and mobile banking services. As of December 31, 2021, it operated 2,593 TransFund ATM locations. The company was founded in 1910 and is headquartered in Tulsa, Oklahoma.

How the Company Makes Money

Bok Financial generates revenue through multiple key streams, primarily from interest income on loans and fees from a variety of banking services. The company makes money by lending to individuals and businesses at higher interest rates than it pays on deposits, which contributes significantly to its net interest income. Additionally, BOKF earns non-interest income through service fees, asset management fees, mortgage origination fees, and investment banking services. Significant partnerships with other financial institutions and a robust presence in various markets further bolster its earnings. The company also benefits from its wealth management services, which provide continued revenue through management fees based on assets under management.

Bok Financial Financial Statement Overview

Summary

Bok Financial shows strong profitability with healthy net and EBIT margins. However, declining revenue growth and cash flow issues are concerns. The balance sheet is stable with moderate leverage, but there is room for improvement in equity utilization.

Income Statement

Bok Financial's income statement shows mixed results. The TTM (Trailing-Twelve-Months) data indicates a decline in revenue growth rate by 15.44%, which is concerning. However, the company maintains a healthy net profit margin of 18.87% and an EBIT margin of 24.09%, indicating strong profitability. The gross profit margin has decreased slightly over the periods, but remains robust. Overall, while profitability is strong, the declining revenue growth is a concern.

Balance Sheet

The balance sheet of Bok Financial reflects a stable financial position with a debt-to-equity ratio of 0.82 in the TTM period, showing moderate leverage. The return on equity is 9.39%, which is decent but has slightly decreased from previous years. The equity ratio is not explicitly calculated, but the company's equity position appears solid. Overall, the balance sheet is stable, but there is room for improvement in leveraging equity more effectively.

Cash Flow

The cash flow statement shows a decline in free cash flow growth by 29.43% in the TTM period, which is a significant concern. The operating cash flow to net income ratio is low at 0.023, indicating potential issues in converting income into cash. However, the free cash flow to net income ratio remains strong at 1.0, suggesting that free cash flow is in line with net income. Overall, the cash flow position is concerning due to declining growth and low cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.84B	3.36B	3.05B	2.00B	1.83B	2.05B
Gross Profit	1.54B	1.92B	1.93B	1.79B	1.87B	1.67B
EBITDA	792.10M	771.95M	793.14M	767.72M	898.57M	662.88M
Net Income	535.95M	523.57M	530.75M	520.27M	618.12M	435.03M
Balance Sheet
Total Assets	51.00B	49.69B	49.82B	47.79B	50.25B	46.67B
Cash, Cash Equivalents and Short-Term Investments	2.41B	14.29B	13.63B	12.90B	16.00B	14.23B
Total Debt	4.82B	4.45B	8.96B	7.14B	2.49B	3.82B
Total Liabilities	45.10B	44.13B	44.68B	43.10B	44.88B	41.38B
Stockholders Equity	5.89B	5.55B	5.14B	4.68B	5.36B	5.27B
Cash Flow
Free Cash Flow	897.35M	1.43B	66.18M	5.12B	-3.69B	-416.26M
Operating Cash Flow	897.35M	1.43B	66.18M	5.12B	-3.69B	-416.26M
Investing Cash Flow	390.13M	-477.23M	-1.79B	-4.60B	2.60B	-2.46B
Financing Cash Flow	-1.00B	-866.79M	1.67B	-1.95B	2.75B	2.80B

Bok Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 112.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOKF, the sentiment is Positive. The current price of 112.68 is above the 20-day moving average (MA) of 111.42, above the 50-day MA of 107.02, and above the 200-day MA of 102.56, indicating a bullish trend. The MACD of 1.23 indicates Positive momentum. The RSI at 58.59 is Neutral, neither overbought nor oversold. The STOCH value of 58.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BOKF.

Bok Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OZK	80 Outperform	5.80B	8.30	12.12%	3.28%	7.12%	2.47%
CADE	75 Outperform	6.81B	13.23	9.08%	2.89%	18.01%	-12.51%
BOKF	75 Outperform	$7.13B	13.24	9.54%	2.04%	-0.54%	16.85%
PNFP	72 Outperform	7.38B	12.60	8.99%	0.99%	10.19%	48.39%
SNV	72 Outperform	6.88B	9.53	13.97%	3.13%	11.52%	220.78%
PB	72 Outperform	6.21B	11.92	6.88%	3.51%	3.65%	20.33%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Bok Financial Corporate Events

BOK Financial Releases Investor Presentation Highlighting Strengths

On September 8, 2025, BOK Financial Corporation released an investor presentation on its website, which is intended for use in discussions with investors and analysts. The presentation highlights the company’s strong market position, with $51 billion in assets and $117.9 billion in assets under management as of June 30, 2025. BOK Financial is noted for its diversified revenue streams and strong credit ratings, positioning it as a top 30 national/regional bank. The company emphasizes long-term value creation and has a robust strategy for managing credit and market risks, which includes a focus on energy lending and commercial real estate. The release underscores BOK Financial’s commitment to maintaining a competitive edge through disciplined management and strategic growth initiatives.

BOK Financial Reports Strong Q2 2025 Results

BOK Financial Corporation reported strong financial results for the second quarter of 2025, with net income reaching $140 million, or $2.19 per share, marking an increase from the previous quarter. The company experienced growth in net interest income, fees, and commissions revenue, while maintaining exceptional credit quality. Loans grew by over $600 million, and nonperforming assets declined, reflecting the company’s robust financial health and strategic growth initiatives. The tangible common equity ratio improved, and the company repurchased a significant number of shares, indicating confidence in its future performance.