- After releasing provisioning in the last three quarters, BOKF will likely report subdued provision expense in the coming quarters.
- The loan portfolio will likely start recovering in the last quarter of 2021 on the back of economic recovery.
- Due to subdued loan growth and normal deposit growth, low-yielding earning assets will likely continue to grow at a strong rate.
- The year-end target price suggests a modest upside from the current market price. Further, BOKF is offering a small dividend yield.
For further details see:
BOK Financial: Decent Price Upside With A Rosy Earnings Outlook