Bankers, investors look past shaky near-term conditions and see growth [Yahoo! Finance]
BOK Financial Corporation (BOKF)
Last bok financial corporation earnings: 4/22 07:55 am
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Source: Yahoo! Finance
The KBW Bank Index was up 7% year to date through Tuesday and has jumped 39% over the prior 52 weeks "The American economy has just proven to be extremely resilient," said Stacy Kymes, president and CEO of BOK Financial in Tulsa, Oklahoma. BOK's shares are up more than 7% this year. The $50 billion-asset BOK's loan growth eased late in 2023 and early this year, and credit quality briefly deteriorated at one point in that span. Yet the parent of Bank of Oklahoma continued to generate loan growth while credit losses held below historical averages . It expects to extend those trends, with loan growth poised to pick up as borrowers adjust to higher interest expenses and, even more so, should interest rates begin to decline later this year or next. "I'm very optimistic about growth broadly," Kymes said. At issue: The U.S. economy is slowing, and the job market shows signs of following suit amid a protracted era of high interest rates and festering inflation. The confluence of head
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BOKF
Earnings
- 4/24/24 - Beat
BOKF
Sec Filings
- 5/16/24 - Form 4
- 5/10/24 - Form 3
- 5/7/24 - Form 4
- BOKF's page on the SEC website