BOK Financial Corporation (BOKF) was Downgraded by Wells Fargo to ” Underperform”. Earlier the firm had a rating of “Market Perform ” on the company shares. Wells Fargo advised their investors in a research report released on Apr 28, 2016.
On the company’s financial health, BOK Financial Corporation reported $0.89 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.97.Analysts expectations of $ 346.81.During the same quarter in the previous year, the company posted $1.08 EPS.
BOK Financial Corporation closed down -0.87 points or -1.41% at $60.89 with 4,18,425 shares getting traded on Wednesday. Post opening the session at $58.7, the shares hit an intraday low of $57.79 and an intraday high of $62.38 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Feb 11, 2016, Scott Grauer (EVP – Wealth Management) sold 850 shares at $71.60 per share price. According to the SEC, on Mar 20, 2015, C Fred Jr Ball (director) sold 489 shares at $60.95 per share price. On Mar 10, 2015, Norman P Bagwell (Chairman & CEO – Bank of Texas) sold 5,000 shares at $60.00 per share price, according to the Form-4 filing with the securities and exchange commission.
BOK Financial Corporation (BOK Financial) is a financial holding company. BOK Financial offers full service banking in Oklahoma Texas New Mexico Northwest Arkansas Colorado Arizona and Kansas/Missouri. BOK Financial operates three principal lines of business: Commercial Banking which includes lending treasury and cash management services and customer risk management products for small businesses middle market and commercial customers; Consumer Banking which includes retail lending and deposit services lending and deposit services to small business customers served through the retail branch network and all mortgage banking activities and Wealth Management which provides fiduciary services private bank services and investment advisory services in all markets.