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BOK Financial Corporation · Tulsa, OK United States ·(NASDAQ (GS): BOKF)

Company Description

Bank of Oklahoma Tower
Tulsa, OK
74192
United States (Map)
Phone: 918-588-6000
Fax: 918-588-6853
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    Will your money BOK? Multibank holding company BOK Financial will try to make sure it is! With seven principal banking subsidiaries operating in eight western and southern states, BOK offers regional businesses and consumers a broad range of financial products and services. Through a combined network of about 190 branches, BOK Financial offers deposit and loan products and investment and trust services. Commercial loans (primarily to the energy, services, and wholesale/retail industries) make up nearly 60% of BOK Financial's loan portfolio; commercial real estate lending adds another 20%. BOK Financial has operations in Arizona, Arkansas, Colorado, Kansas, Missouri, New Mexico, Oklahoma, and Texas. To read the full description, subscribe now.

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    Key BOK Financial Corporation Financials

    Company TypePublic - NASDAQ (GS): BOKF

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$1,083.1
    2008 Employees4,300

    BOK Financial Corporation Executives

    52 executives listed for BOK Financial Corporation's Tulsa, OK location.
    TitleName & BioContact
    Chairman, BOK Financial and Bank of OklahomaGeorge KaiserNetwork
    President, CEO, and Director; President and CEO, Bank of OklahomaStanley LybargerNetwork
    EVP and CIODonald ParkerNetwork

    Competition

    Competitive Landscape for BOK Financial Corporation
    Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.
    Top BOK Financial Corporation Competitors
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