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BOK Financial (BOKF) Rides on Loan Growth as Costs Rise
BOKFBOK Financial(BOKF) Zacks Investment Research·2024-02-28 15:01

BOK Financial Corporation (BOKF) is well-poised for revenue growth on the back of steady loan demand. High interest rates, robust deposit balance and a solid asset quality will continue to support its financials. However, elevated expenses and high debt remain concerns given limited liquidity.BOK Financial demonstrated continued loan growth on account of diversified portfolio. Though loans declined in 2021, it witnessed a compound annual growth rate (CAGR) of 2% in the last five years (2018-2023). Concurren ...