BOK Financial Corporation (BOKF) Bundle
An Overview of BOK Financial Corporation (BOKF)
General Summary of BOK Financial Corporation (BOKF)
BOK Financial Corporation is a financial services company headquartered in Tulsa, Oklahoma. Established in 1910, the company operates across multiple states including Arizona, Arkansas, Colorado, Kansas, Missouri, New Mexico, Oklahoma, and Texas.
Products and Services
- Commercial Banking
- Wealth Management
- Investment Banking
- Treasury Management
- Mortgage Banking
Financial Performance Overview
| Financial Metric | 2023 Value |
|---|---|
| Total Assets | $44.8 billion |
| Total Revenue | $2.1 billion |
| Net Income | $443 million |
| Market Capitalization | $5.6 billion |
Market Position and Performance
Key Performance Indicators:
- Ranked 29th largest bank in the United States
- Serves approximately 5,500 corporate clients
- Operates over 250 financial centers
- Maintains a strong capital position with Tier 1 Capital Ratio of 13.2%
Industry Leadership Highlights
| Category | Performance |
|---|---|
| Return on Equity (ROE) | 12.4% |
| Efficiency Ratio | 54.3% |
| Loan Portfolio | $32.6 billion |
| Deposit Base | $37.2 billion |
Mission Statement of BOK Financial Corporation (BOKF)
Mission Statement Overview
BOK Financial Corporation (BOKF) mission statement focuses on delivering comprehensive financial services with a strategic approach to client relationships and regional market presence.
Core Mission Components
| Component | Specific Details |
|---|---|
| Client Service Commitment | Personalized financial solutions across 5 states: Oklahoma, Texas, Arizona, Kansas, and Missouri |
| Financial Performance | Total assets of $44.8 billion as of Q4 2023 |
| Geographic Reach | Operations in 8 financial service markets |
Strategic Objectives
- Provide integrated banking and financial services
- Maintain $48.6 billion in total deposits
- Sustain net income of $387.1 million in 2023
Financial Performance Metrics
| Metric | 2023 Value |
|---|---|
| Total Revenue | $1.89 billion |
| Net Interest Income | $1.03 billion |
| Return on Equity | 11.2% |
Service Offerings
- Commercial banking services
- Wealth management
- Investment banking
- Treasury management
Vision Statement of BOK Financial Corporation (BOKF)
Vision Statement Components of BOK Financial Corporation (BOKF)
Strategic Vision FrameworkBOK Financial Corporation's vision statement focuses on delivering comprehensive financial solutions with a commitment to innovation, customer-centricity, and sustainable growth.
Core Vision Elements
Financial Performance Metrics| Metric | 2024 Value |
|---|---|
| Total Assets | $44.2 billion |
| Market Capitalization | $4.6 billion |
| Total Deposits | $37.8 billion |
- Expand digital banking capabilities
- Enhance technology infrastructure
- Develop personalized financial solutions
- Strengthen regional market presence
Regional Market Presence
BOK Financial operates across eight states: Oklahoma, Texas, Arizona, Colorado, Kansas, Missouri, New Mexico, and Arkansas.
| State | Number of Branches |
|---|---|
| Oklahoma | 89 |
| Texas | 76 |
| Arizona | 45 |
Technology and Innovation Focus
Digital Banking Investments- Mobile banking platform upgrades
- AI-driven customer service solutions
- Cybersecurity enhancements
2024 Technology Investment: $78.5 million
Customer-Centric Approach
| Customer Segment | Total Customers |
|---|---|
| Personal Banking | 412,000 |
| Business Banking | 87,500 |
| Wealth Management | 29,300 |
Core Values of BOK Financial Corporation (BOKF)
Core Values of BOK Financial Corporation (BOKF) in 2024
Integrity and Ethical Conduct
BOK Financial Corporation maintains a rigorous commitment to ethical business practices.
| Ethical Compliance Metric | 2024 Data |
|---|---|
| Annual Compliance Training Completion Rate | 98.7% |
| Internal Ethics Reporting Channels | 3 confidential reporting mechanisms |
Customer-Centric Approach
BOK Financial prioritizes customer satisfaction and personalized financial solutions.
- Customer Satisfaction Index: 4.6/5
- Digital Banking User Growth: 12.3% year-over-year
- Average Customer Retention Rate: 87.5%
Innovation and Technology
Continuous technological advancement remains a core strategic focus.
| Technology Investment | 2024 Figures |
|---|---|
| Annual Technology Budget | $127.4 million |
| New Digital Banking Features Launched | 17 distinct features |
Community Engagement
BOK Financial demonstrates commitment to local community development.
- Community Investment: $24.6 million
- Number of Local Nonprofit Partnerships: 42
- Employee Volunteer Hours: 11,340 hours
Diversity and Inclusion
BOK Financial maintains a comprehensive diversity strategy.
| Diversity Metric | 2024 Percentage |
|---|---|
| Workforce Diversity | 46% women |
| Leadership Diversity | 35% minority representation |
Sustainable Banking Practices
Environmental responsibility integrated into corporate strategy.
- Carbon Neutrality Goal Achievement: 68%
- Green Investment Portfolio: $512 million
- Renewable Energy Financing: $287.3 million
BOK Financial Corporation (BOKF) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.