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BOK Financial Corp (BOKF.OQ)

BOKF.OQ on NASDAQ Stock Exchange Global Select Market

97.04USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

BOK Financial Says Fee Of $34.2 Mln Will Be Payable By CoBiz To Co Upon Deal Termination
Monday, 18 Jun 2018 

June 18 (Reuters) - BOK Financial Corp ::BOK FINANCIAL CORP SAYS FEE OF $34.2 MILLION WILL BE PAYABLE BY COBIZ TO CO UPON DEAL TERMINATION UNDER CERTAIN CIRCUMSTANCES - SEC FILING.  Full Article

BOK Financial Corp To Acquire CoBiz Financial
Monday, 18 Jun 2018 

June 18 (Reuters) - BOK Financial Corp ::BOK FINANCIAL CORPORATION TO ACQUIRE COBIZ FINANCIAL.BOK FINANCIAL CORP - APPROXIMATELY 75 PERCENT OF CONSIDERATION WILL BE IN STOCK, WITH REST IN CASH.BOK FINANCIAL CORP - TRANSACTION VALUED AT APPROXIMATELY $1 BILLION.BOK FINANCIAL CORP - EXPECTS THIS ACQUISITION TO BE 6 PERCENT ACCRETIVE TO EARNINGS IN 2019.BOK FINANCIAL CORP - COMMON SHAREHOLDERS OF COBIZ WILL RECEIVE $977 MILLION OF TOTAL CONSIDERATION.BOK FINANCIAL CORP - EXPECTS ACQUISITION TO BE 9 PERCENT ACCRETIVE TO EARNINGS IN 2020, FIRST FULL YEAR WITH SYNERGIES.BOK FINANCIAL CORP - DEAL'S MERGER CONSIDERATION IS VALUED AT $23.02 PER SHARE.BOK FINANCIAL CORP - COBIZ CHAIRMAN AND CEO STEVE BANGERT WILL JOIN CO'S BOARD AFTER CLOSE OF TRANSACTION.BOK FINANCIAL CORP - EXPECTS TO INCUR PRE-TAX MERGER AND INTEGRATION COSTS OF APPROXIMATELY $60 MILLION.BOK FINANCIAL CORP - EXPECTS TO ACHIEVE ANNUAL COST SAVINGS OF ABOUT 40 PERCENT OF COBIZ'S NON-INTEREST EXPENSE.BOK FINANCIAL CORP - DEAL CONSIDERATION CONSISTS OF 0.17 SHARES OF BOK FINANCIAL COMMON STOCK AND $5.70 IN CASH FOR EACH SHARE OF COBIZ COMMON STOCK.  Full Article

BOK Financial Reports Quarterly Earnings Of $106 Million
Wednesday, 25 Apr 2018 

April 25 (Reuters) - BOK Financial Corp ::BOK FINANCIAL REPORTS QUARTERLY EARNINGS OF $106 MILLION.Q1 EARNINGS PER SHARE $1.61.Q1 EARNINGS PER SHARE VIEW $1.52 -- THOMSON REUTERS I/B/E/S.NET INTEREST REVENUE TOTALED $219.7 MILLION FOR Q1 OF 2018, AN INCREASE OF $2.9 MILLION OVER Q4 OF 2017.LOWER FEDERAL CORPORATE INCOME TAX RATES DECREASED INCOME TAX EXPENSE FOR Q1 OF 2018 BY ABOUT $13.8 MILLION.  Full Article

BOK Financial Corp Sees Mid-Single-Digit Growth In Net Interest Income​ In ‍2018
Thursday, 25 Jan 2018 

Jan 24 (Reuters) - Bok Financial Corp ::BOK FINANCIAL CORP SEES MID-SINGLE-DIGIT GROWTH IN NET INTEREST INCOME​ IN ‍2018 - SEC FILING.BOK FINANCIAL SAYS SEES LOW-SINGLE-DIGIT REVENUE GROWTH FROM FEE-GENERATING BUSINESSES IN 2018‍​.  Full Article

BOK FINANCIAL SAYS BOARD DECLARES INCREASED DIVIDEND OF $0.45/SHARE
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - BOK Financial Corp ::BOK FINANCIAL CORP SAYS BOARD DECLARED A DIVIDEND ON COMPANY'S COMMON STOCK OF 45 CENTS PER SHARE - SEC FILING ‍​.BOK FINANCIAL CORP - THE ‍DIVIDEND OF 45 CENTS PER SHARE IS AN INCREASE OF 2.27% FROM 44 CENTS PER SHARE PREVIOUSLY​.  Full Article

BOK financial reports qtrly earnings per share of $1.00
Wednesday, 27 Jul 2016 

BOK Financial Corp : BOK financial reports quarterly earnings of $66 million . Q2 earnings per share $1.00 . Q2 earnings per share view $0.99 -- Thomson Reuters I/B/E/S . Q2 fees and commissions revenue was $183.5 million . Stability in commodity price environment translated into lower credit costs for quarter . Stability in commodity price environment translated into reduced concern about spillover impact on economies in energy states . Net interest revenue totaled $182.6 million for Q2 of 2016, unchanged compared to Q1 of 2016 . Net interest margin was 2.63 percent for Q2 of 2016, compared to 2.65 percent for Q1 . Combined allowance for credit losses totaled $252 million at June 30 compared to $240 million or 1.50 percent of outstanding loans at March 31 . Nonperforming energy loans increased $8.6 million during Q2 . Recorded $20.0 million provision for credit losses during Q2 versus $35.0 million provision for credit losses in previous quarter . Company completed an energy loan portfolio redetermination during Q2 ."We recognize that macroeconomic factors may result in additional pressure on commodity prices".  Full Article

BOK Financial to buy peer CoBiz in $1 billion deal

BOK Financial Corp said on Monday it would buy smaller peer CoBiz Financial Inc in a cash-and-stock deal valued at about $1 billion to expand in Arizona and Colorado.