BOKF will report Q4 earnings on Jan. 16, projecting $2.16 EPS. Revenue for Q4 is estimated at $549.37 million, up from $525.56 million. Recent analysts' earnings expectations show mixed ratings for BOKF. BOKF shares gained 2.1% to close at $127.69 recently. Analyst target prices vary, with some increases and a downgrade.
Analyst upgraded BOKF to Buy, raising price target to $124 from $113. BOKF well-positioned for lower rates, boosting EPS estimates for 2024 and 2025. Recent rate cuts improve revenue outlook despite earlier revenue downgrade. BOKF's high interest-bearing deposit beta ranks it among top peers. EPS estimates now $8.00 for 2024 and $8.71 for 2025, surpassing consensus.
- BOKF's Q1 EPS of $1.91 beat estimates but was lower than a year ago. - Shares rose 2.1% due to higher than expected performance. - Revenues decreased, expenses rose, and efficiency ratio worsened. - Loan and deposit balances increased, provisions declined, but capital ratios decreased. - BOKF outlook positive, but concerns over revenues and expenses noted. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings