BOKF Stock Summary and Trading Ideas (Bok Financial | NASDAQ:BOKF)

BOK Financial Corp is the largest financial institution in Oklahoma and it provides a comprehensive range of nationally competitive financial products and services. Its operating segments consist of commercial banking, consumer banking, and wealth management. The company has various products and services including cash management services, loans and deposits, fiduciary and insurance services, mortgage banking and brokerage and trading services. It generates maximum revenue from the commercial banking segment. Its commercial banking segment includes lending, treasury and cash management services, and customer risk management products to small businesses, middle market, and larger commercial customers.

Bok Financial trades on the NASDAQ stock market under the symbol BOKF.

As of April 23, 2024, BOKF stock price climbed to $91.11 with 253,013 million shares trading.

BOKF has a beta of 1.25, meaning it tends to be more sensitive to market movements. BOKF has a correlation of 0.28 to the broad based SPY ETF.

BOKF has a market cap of $5.89 billion. This is considered a Mid Cap stock.

Last quarter Bok Financial reported $502 million in Revenue and $1.76 earnings per share. This beat revenue expectation by $11 million and exceeded earnings estimates by $.01.

In the last 3 years, BOKF stock traded as high as $120.20 and as low as $62.42.

The top ETF exchange traded funds that BOKF belongs to (by Net Assets): VTI, VB, VXF, VBR, DFAT.

BOKF stock has underperformed the market in the last year with a return of +14.4%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BOKF shares. However, BOKF has outperformed the market in the last 3 month and 2 week periods, returning +8.6% and 0.0%, while SPY returned +4.9% and -2.5%, respectively. This indicates BOKF has been having a stronger performance recently.

BOKF support price is $87.70 and resistance is $90.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOKF stock will trade within this expected range on the day.