BOK Financial Stock Hits New 52-Week High (BOKF)

NEW YORK ( TheStreet) -- BOK Financial (Nasdaq: BOKF) hit a new 52-week high Thursday as it is currently trading at $56.61, above its previous 52-week high of $56.58 with 42,482 shares traded as of 12:20 p.m. ET. Average volume has been 113,200 shares over the past 30 days.

BOK Financial has a market cap of $3.78 billion and is part of the financial sector and banking industry. Shares are up 1.1% year to date as of the close of trading on Wednesday.

BOK Financial Corporation, a financial holding company, offers a range of financial products and services to commercial and industrial customers, and other financial institutions and consumers. It operates in three segments: Commercial Banking, Consumer Banking, and Wealth Management. The company has a P/E ratio of 13.7, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates BOK Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, expanding profit margins, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full BOK Financial Ratings Report.

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