BOKF 📈 BOK Financial - Overview

BOK Financial Corporation is a financial holding company that oversees a diverse range of financial products and services, catering to a broad customer base across Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. The company's operations are structured into three primary segments: Commercial Banking, Consumer Banking, and Wealth Management. This strategic segmentation enables BOK Financial Corporation to tailor its services to the specific needs of its clientele, whether they are small businesses, middle market companies, or larger commercial entities. For instance, the Commercial Banking segment provides lending solutions, treasury services, and cash management products, in addition to operating the TransFund electronic funds transfer network, which facilitates efficient transactions for its customers.

The Consumer Banking segment focuses on delivering retail lending and deposit services to small business customers through an extensive retail branch network. Moreover, this segment is involved in mortgage loan origination and servicing activities, providing customers with a comprehensive suite of financial solutions. In contrast, the Wealth Management segment offers a more personalized suite of services, including fiduciary, private bank, insurance, and investment advisory services. This segment also engages in brokerage and trading services, primarily aimed at providing liquidity to the mortgage markets through the trading of U.S. government agency mortgage-backed securities and related derivative contracts. Furthermore, it underwrites state and municipal securities, highlighting the company's commitment to supporting local economic development.

BOK Financial Corporation's product portfolio is further diversified by its commercial loan offerings, which encompass loans for working capital, facilities acquisition or expansion, equipment purchases, and other commercial needs. The company also provides sector-specific loans, such as service, healthcare, manufacturing, wholesale/retail, energy, and other industry loans. Additionally, it offers commercial real estate loans for construction projects or improvements to real estate and property held by borrowers for investment purposes. Residential mortgage and personal loans are also available, ensuring that the company's services cater to a wide range of customer requirements. To enhance customer convenience, BOK Financial Corporation provides automated teller machine, call center, and Internet and mobile banking services, reflecting its commitment to leveraging technology to improve the banking experience.

With a history dating back to 1910, BOK Financial Corporation has established itself as a reputable financial institution, headquartered in Tulsa, Oklahoma. The company's common stock is listed on the NASDAQ under the ticker symbol BOKF, with the ISIN US05561Q2012. As a regional bank, BOK Financial Corporation operates within the GICS Sub Industry of Regional Banks, underscoring its focus on serving the financial needs of its local communities. For more information, investors can visit the company's website at https://investor.bokf.com, which provides access to a wealth of financial data, corporate updates, and investor resources.