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bok financial corp. - All News and Analysis
BOK Financial Corp. Declares Quarterly Dividend
TULSA, Okla. -- The BOK Financial Corp. (Nasdaq: BOKF) Board of Directors declared a second quarter dividend July 29 on the company's common stock of 22.5 cents per share, payable on or about Aug. 29, 2008, to shareholders of record on Aug. 15. BOK Financial is a regional financial...
Public company report
BOK Financial Corp. Tulsa's BOK Financial Corp., which owns Bank of Arkansas N.A., will issue a 3 percent stock dividend on May 29 to shareholders of record by May 13. BOK is a regional financial services company with total assets of $10.9 billion and a six-state coverage area. In addition...
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Oklahoma's BOK Financial targets insurance sector
With revenue up some 50 percent this year, and Wall Street's meltdown making consumer financial stability issues even more critical, BOK Financial foresees even stronger growth going forward from its infant insurance unit. "I think there's a great deal of upside potential," said J. Robert Cole, a...
Oklahomans on the Move: December 5, 2008
McAfee & Taft Benchmak Litigation, a guide to business and litigation firms and attorneys in America, recognized the following McAfee & Taft attorneys as local litigation stars: Joseph Bocock, John Hermes, John Kenney, Reid Robison, Spencer Smith, Jeff Todd and James Webb. Michael Mclintock, Tamara Pullin and...
BOK Financial Corp. Chooses Not to Participate in Treasury's Capital Purchase Program
TULSA, Okla. -- BOK Financial Corp. (NASDAQ: BOKF) elected not to participate in the Treasury's Capital Purchase Program, an element of the Troubled Assets Relief Program TARP intended to provide banks with additional capital. "We were invited to participate in this program though government officials made it clear...
Tulsa-based Cavanal Hill Investment Management credits caution for
In another time, a quarterly investment portfolio increase of 2.1 percent might not have seemed like a lot. But Cavanal Hill managed this feat during the third quarter of 2008, at a time when all of the other investment portfolios for the state EDGE fund lost ground - with one...
Okla.-based BOK Financial Community Development Fund receives New
The BOK Financial Community Development Fund has received $35 million in federal New Markets Tax Credit funds from the U.S. Department of the Treasury, Community Development Financial Institutions Fund. The BOK Financial Community Development Fund will use the allocation to finance businesses and real estate developments in...
Oklahoma-based BOK Financial foresees double-digit mortgage
Despite media discussions of a national credit crunch, there's no shortage of mortgage money available in Oklahoma, Coldwell Banker Select Chief Executive Sam Rader said Thursday. Case in point: BOK Financial's Mortgage Group has experienced 15 percent-plus growth this year, countering Fannie Mae's 25-percent drop. ...
Tulsa-based BOKF earnings fall 5%, but beat projections
BOK Financial shares rose 1.7 percent Wednesday after the Tulsa bank-holding company reported third-quarter earnings 5 percent below year-ago marks, but ahead of Wall Street projections. "Despite continued disruptions in the financial markets, our capital position and liquidity remain strong," said BOKF President and Chief Executive Stan...
Revenue Growth Provides Solid Earnings
Reserves Strengthen in an Uncertain Banking Environment TULSA, Okla. -- BOK Financial Corporation (NASDAQ:BOKF) reported earnings of $56.7 million or $0.84 per diluted share for the third quarter of 2008. The Company reported a net loss of $1.2 million or $.02 per diluted share for the second quarter...
Tulsa-based BOK Financial foresees investment services growth in
As the world's stock markets teeter on the edge of the abyss, Scott B. Grauer assumed control of all BOK Financial Wealth Management operations. He couldn't be more excited, for in his eyes the global financial meltdown broadens the growth opportunities for the 650-employee BOKF division. ...
Oklahomans on the Move: October 8, 2008
Edmond Medical Center Edmond Medical Center named Dr. Stephen Mihalsky chief medical officer. Mihalsky is a surgeon specializing in surgery of the hand. Dr. Jeffery Davenport was named physician advisor to patient case management. His responsibilities include working in conjunction with the quality and risk management departments...
Yes vote on bailout fails to soothe Wall Street
The Journal Record Index was a mirror of the bleak conditions on Wall Street as our trading session ended Oct. 3. It tanked 190.64 points, or 17.74 percent, and ended at 883.79, its worst showing since the index was created in early August 2007. Declining issues nearly obliterated advancing issues...
Tulsa-based BOK Financial declares dividend
BOK Financial Corp.'s board of directors on Tuesday declared a common stock dividend for the second quarter of 22.5 cents per share. The dividend is payable Aug. 29 to shareholders of record on Aug. 15...
BOK Financial Corp. Declares Quarterly Dividend
TULSA, Okla. -- The BOK Financial Corp. (Nasdaq: BOKF) Board of Directors declared a second quarter dividend July 29 on the company's common stock of 22.5 cents per share, payable on or about Aug. 29, 2008, to shareholders of record on Aug. 15. BOK Financial is a regional...
Fitch Affirms BOK Financial's IDR at 'A-' on 8K Filing
NEW YORK -- Fitch Ratings has affirmed BOK Financial Corporation's BOKF long- and short-term Issuer Default Ratings IDRs as follows: --Long-term IDR 'A-'; --Short-term IDR 'F1'. The rating affirmation follows BOKF's disclosure of its exposure to SemGroup, L.P. which recently filed for bankruptcy protection...
Share of Tulsa-based BOK Financial drop following $87M SemGroup
BOK Financial shares dropped almost 3 percent Friday after the Tulsa multistate bank holding company warned it would take an $87 million pre-tax charge due to SemGroup LP oil hedging losses. A U.S. Securities and Exchange Commission filing late Thursday recognized BOKF's $147 million of credit exposure...
Oklahoma-based BOK Financial filing details SemGroup oil hedging
BOK Financial detailed some oil hedging activity by SemGroup LP in a U.S. Securities and Exchange Commission filing. A BOKF filing Friday with the U.S. Securities and Exchange Commission detailed the resignation of SemGroup co-founder Thomas Kivisto on Wednesday, one day before trading of units in SemGroup...
Tulsa-based BOK Financial earnings drop nearly 19% for second
Rising credit costs and investment losses contributed to an 18.9- percent drop in BOK Financial earnings in the second quarter, missing analyst estimates. "It could be a lot worse," said market analyst M. Jake Dollarhide, attributing the problems to existing financial market conditions. "That's not to say...
BOK Financial Year-to-Date Earnings Down 1%
Rising Credit Costs Impact Earnings TULSA, Okla. -- BOK Financial Corporation (NASDAQ:BOKF) reported earnings of $43.7 million or $0.65 per diluted share for the second quarter of 2008. Net income totaled $62.3 million or $0.92 per diluted share for the first quarter of 2008 and $53.9 million or...
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- Revenue (Fiscal Year) $1.5B
- Profit (Fiscal Year) $217.6M
- Incorporated: 1990
- CEO: Mr. Stanley A. Lybarger
- Employees: 4,110
BOK Financial is a financial holding company that provides full service banking in Oklahoma, Dallas, Fort Worth and Houston, TX, Albuquerque, NM, Northwest Arkansas, Denver, CO, Phoenix, AZ, and Kansas City, KS. Co.'s primary subsidiaries are the Bank of Oklahoma, N.A., Bank of Texas, N.A., Bank of Albuquerque, N.A., Bank of Arkansas, N.A., Colorado State Bank and Trust, N.A., Bank of Arizona, N.A., and Bank of Kansas City, N.A. Other subsidiaries include BOSC, Inc., a broker/dealer that engages in retail and institutional securities sales and municipal bond underwriting. As of Dec 31 2007, Co. had total assets of $20.84 billion and total deposits of $13.46 billion.
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Board of Directors
Mr. George B. Kaiser Chairman
Mr. David F. Griffin
Mr. E. Carey Joullian IV
Mr. Robert J. LaFortune
Mr. Stanley A. Lybarger
Mr. Steven J. Malcolm
Ms. Paula Marshall
Mr. V. Burns Hargis Vice-Chairman
Mr. Gregory S. Allen
Mr. C. Fred Ball Jr.
Ms. Sharon J. Bell
Mr. Peter C. Boylan III
Mr. Chester Cadieux III
Mr. Joseph W. Craft III
Mr. William E. Durrett
NAICS Code
Commercial Banking: 522110
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