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BOK Financial
-7.36%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
BOK Financial is a financial services holding company based in Tulsa, Oklahoma. It was founded in 1910 as the Exchange National Bank of Tulsa and has since grown to become one of the largest banks in the United States. The company operates branches in 10 states and offers a variety of banking, wealth management, and investment services.
BOK Financial is publicly traded on the NASDAQ stock exchange under the ticker symbol BOKF. As of 2021, the company has a market capitalization of over $6 billion and employs approximately 6,000 people.
The company's banking services include personal and business banking, mortgage lending, consumer and commercial lending, and treasury management. Its wealth management services include investment management, trust and estate planning, and retirement planning. BOK Financial also offers investment banking, energy banking, and asset management services.
BOK Financial has received numerous accolades, including being named one of the best banks in America by Forbes and one of the best places to work in Oklahoma by Forbes and the Tulsa World. It has also been recognized for its community involvement and philanthropic efforts.
The company has a strong commitment to diversity and inclusion, and has been recognized for its efforts in promoting a diverse and inclusive workplace. BOK Financial also has a strong track record of financial stability and has consistently been rated as one of the strongest and safest banks in the country by independent rating agencies.
Overall, BOK Financial is a reputable and well-established financial services company that offers a wide range of services to individuals and businesses. With a focus on customer service, community involvement, and financial stability, BOK Financial is a trusted brand in the banking industry.
BOK Financial is publicly traded on the NASDAQ stock exchange under the ticker symbol BOKF. As of 2021, the company has a market capitalization of over $6 billion and employs approximately 6,000 people.
The company's banking services include personal and business banking, mortgage lending, consumer and commercial lending, and treasury management. Its wealth management services include investment management, trust and estate planning, and retirement planning. BOK Financial also offers investment banking, energy banking, and asset management services.
BOK Financial has received numerous accolades, including being named one of the best banks in America by Forbes and one of the best places to work in Oklahoma by Forbes and the Tulsa World. It has also been recognized for its community involvement and philanthropic efforts.
The company has a strong commitment to diversity and inclusion, and has been recognized for its efforts in promoting a diverse and inclusive workplace. BOK Financial also has a strong track record of financial stability and has consistently been rated as one of the strongest and safest banks in the country by independent rating agencies.
Overall, BOK Financial is a reputable and well-established financial services company that offers a wide range of services to individuals and businesses. With a focus on customer service, community involvement, and financial stability, BOK Financial is a trusted brand in the banking industry.
What is special about the company?
1. Long History: BOK Financial has a long history, dating back to 1910 when it was first founded as the Exchange National Bank of Tulsa. This long track record has helped establish the company as a trusted and reliable financial institution.
2. Strong Community Focus: BOK Financial places a strong emphasis on community involvement and giving back. The company has a dedicated community relations team that helps support local charities, educational programs, and economic development initiatives. In 2020 alone, BOK Financial gave back over $14M to local communities.
3. Wealth Management Services: BOK Financial offers a range of wealth management services, including investment management, trust services, and retirement planning. These services are designed to help individuals and families build and protect their wealth.
4. Diversified Business Model: BOK Financial has a diversified business model, with different lines of business including commercial banking, consumer banking, and wealth management. This diversification helps the company mitigate risk and maintain stability, even during challenging economic times.
5. Strong Financial Performance: BOK Financial has a strong financial track record, with consistent growth in revenue and earnings over the years. This has helped establish the company as a stable and reliable financial institution.
6. Customer Centric Approach: BOK Financial prides itself on its customer-centric approach. The company strives to provide personalized and high-quality service to its clients, building lasting relationships and trust.
7. Strong Corporate Culture: BOK Financial has a strong corporate culture, focused on employee engagement and development. The company has been recognized as a top workplace by numerous publications and has a reputation for treating its employees well.
8. Digital Innovation: BOK Financial has invested in digital innovations to improve and enhance its products and services. This has allowed the company to stay ahead of changing consumer needs and preferences, making it more competitive in the digital age.
9. Commitment to Diversity and Inclusion: BOK Financial is committed to diversity and inclusion in its workplace and the communities it serves. The company has initiatives and programs in place to promote diversity, equity, and inclusion within the company and the society at large.
10. Strong Leadership: BOK Financial has a strong leadership team, with a proven track record of success in the financial industry. This leadership helps drive the company's vision and strategy, ensuring its continued growth and success.
2. Strong Community Focus: BOK Financial places a strong emphasis on community involvement and giving back. The company has a dedicated community relations team that helps support local charities, educational programs, and economic development initiatives. In 2020 alone, BOK Financial gave back over $14M to local communities.
3. Wealth Management Services: BOK Financial offers a range of wealth management services, including investment management, trust services, and retirement planning. These services are designed to help individuals and families build and protect their wealth.
4. Diversified Business Model: BOK Financial has a diversified business model, with different lines of business including commercial banking, consumer banking, and wealth management. This diversification helps the company mitigate risk and maintain stability, even during challenging economic times.
5. Strong Financial Performance: BOK Financial has a strong financial track record, with consistent growth in revenue and earnings over the years. This has helped establish the company as a stable and reliable financial institution.
6. Customer Centric Approach: BOK Financial prides itself on its customer-centric approach. The company strives to provide personalized and high-quality service to its clients, building lasting relationships and trust.
7. Strong Corporate Culture: BOK Financial has a strong corporate culture, focused on employee engagement and development. The company has been recognized as a top workplace by numerous publications and has a reputation for treating its employees well.
8. Digital Innovation: BOK Financial has invested in digital innovations to improve and enhance its products and services. This has allowed the company to stay ahead of changing consumer needs and preferences, making it more competitive in the digital age.
9. Commitment to Diversity and Inclusion: BOK Financial is committed to diversity and inclusion in its workplace and the communities it serves. The company has initiatives and programs in place to promote diversity, equity, and inclusion within the company and the society at large.
10. Strong Leadership: BOK Financial has a strong leadership team, with a proven track record of success in the financial industry. This leadership helps drive the company's vision and strategy, ensuring its continued growth and success.
What the company's business model?
BOK Financial is a publicly traded financial services company that provides a wide range of banking, trust, and wealth management services through its subsidiaries. The company's business model can be described as a diversified financial services model, with a focus on commercial and consumer banking, investment and trust services, and mortgage banking.
BOK Financial operates through various subsidiaries, including BOKF, NA, BOSC Inc., CoBiz Wealth LLC, The Milestone Group, and others, which allow the company to offer a broad range of financial products and services to its clients.
The primary sources of revenue for BOK Financial include interest income from loans and investments, fees from various financial services, and income from its wealth management and investment activities. The company serves a diverse customer base, including individuals, small businesses, middle-market companies, and large corporations.
BOK Financial differentiates itself by offering personalized and relationship-driven banking services, along with a strong regional presence in its target markets. The company also focuses on building long-term client relationships, leveraging technology to improve its products and services, and maintaining a strong credit culture.
Overall, BOK Financial's business model is centered on providing comprehensive financial solutions to its clients, while also maintaining a strong focus on risk management and profitability.
BOK Financial operates through various subsidiaries, including BOKF, NA, BOSC Inc., CoBiz Wealth LLC, The Milestone Group, and others, which allow the company to offer a broad range of financial products and services to its clients.
The primary sources of revenue for BOK Financial include interest income from loans and investments, fees from various financial services, and income from its wealth management and investment activities. The company serves a diverse customer base, including individuals, small businesses, middle-market companies, and large corporations.
BOK Financial differentiates itself by offering personalized and relationship-driven banking services, along with a strong regional presence in its target markets. The company also focuses on building long-term client relationships, leveraging technology to improve its products and services, and maintaining a strong credit culture.
Overall, BOK Financial's business model is centered on providing comprehensive financial solutions to its clients, while also maintaining a strong focus on risk management and profitability.
Interesting facts about the company
1. BOK Financial is one of the oldest and largest banks in Oklahoma, with its roots dating back to 1910.
2. The company’s name comes from its original name, Bank of Oklahoma, which was shortened to BOK in 1968.
3. BOK Financial is a financial services holding company that operates under several different brand names, including Bank of Oklahoma, Bank of Texas, and Colorado State Bank and Trust.
4. The company has over $40 billion in assets and operates over 200 banking locations across the United States.
5. BOK Financial has been consistently recognized as one of the best companies to work for, including being ranked as a Fortune 100 Best Companies to Work For every year since 2004.
6. The company has a history of community involvement and philanthropy, with programs focused on education, health and human services, and the arts.
7. In addition to traditional banking services, BOK Financial also offers wealth management and investment management services through its subsidiaries BOK Financial Asset Management and Cavanal Hill Investment Management.
8. BOK Financial has received numerous awards and recognitions for its commitment to diversity and inclusion, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
9. The company has been listed on the New York Stock Exchange since 1990 and is publicly traded under the ticker symbol BOKF.
10. BOK Financial has a strong track record of financial stability and performance, with a long history of profitability and consistent dividend payments to shareholders.
See Company Due Diligence:
2. The company’s name comes from its original name, Bank of Oklahoma, which was shortened to BOK in 1968.
3. BOK Financial is a financial services holding company that operates under several different brand names, including Bank of Oklahoma, Bank of Texas, and Colorado State Bank and Trust.
4. The company has over $40 billion in assets and operates over 200 banking locations across the United States.
5. BOK Financial has been consistently recognized as one of the best companies to work for, including being ranked as a Fortune 100 Best Companies to Work For every year since 2004.
6. The company has a history of community involvement and philanthropy, with programs focused on education, health and human services, and the arts.
7. In addition to traditional banking services, BOK Financial also offers wealth management and investment management services through its subsidiaries BOK Financial Asset Management and Cavanal Hill Investment Management.
8. BOK Financial has received numerous awards and recognitions for its commitment to diversity and inclusion, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
9. The company has been listed on the New York Stock Exchange since 1990 and is publicly traded under the ticker symbol BOKF.
10. BOK Financial has a strong track record of financial stability and performance, with a long history of profitability and consistent dividend payments to shareholders.
See Company Due Diligence:
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