BOK Financial Corporation (BOKF) is set to report its fourth-quarter results before the opening bell on Friday, January 16, and Wall Street's most accurate forecasters have been making some last-minute adjustments to their expectations.
The Tulsa, Oklahoma-based regional bank is expected to post earnings of $2.16 per share for the quarter, representing a modest uptick from the $2.12 per share it earned in the same period last year. Analysts are also projecting quarterly revenue of $549.37 million, which would mark an increase from the $525.56 million reported in the fourth quarter of 2024.
BOK Financial came into this earnings season with some momentum. Back on October 20, the company delivered better-than-expected results for the third quarter, which helped propel shares higher. The stock gained 2.1% on Thursday, closing at $127.69.
What the Top Analysts Are Saying
A handful of Wall Street's most accurate analysts have weighed in on BOK Financial over the past few months, and their perspectives offer a window into where the stock might be headed.
Wells Fargo analyst Timur Braziler kept his Equal-Weight rating intact on January 5 while bumping up his price target from $105 to $115. Braziler carries a 66% accuracy rate on his calls.
Barclays analyst Jared Shaw also maintained an Equal-Weight stance on December 19, raising his target from $120 to $125. Shaw has been right about 70% of the time, making him one of the more reliable voices in this space.
Not everyone stayed bullish, though. Hovde Group analyst Brett Rabatin downgraded the stock from Outperform to Market Perform on December 12. Rabatin's accuracy rate sits at 61%.
On the more optimistic side, DA Davidson analyst Peter Winter kept his Buy rating and lifted his price target from $120 to $122 on October 22. Winter boasts a 75% accuracy rate, the highest among this group of analysts.
Meanwhile, Keefe, Bruyette & Woods analyst Wood Lay maintained a Market Perform rating but trimmed his price target slightly from $118 to $116, also on October 22. Lay's accuracy rate is 65%.
With earnings just around the corner, investors will soon see whether BOK Financial can meet or exceed these revised expectations. The regional banking sector has faced headwinds from interest rate volatility and economic uncertainty, making this report particularly interesting for those tracking the space.
