BOKF
- BOK Financial Corporation
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Overview
Company Summary
BOK Financial Corporation, commonly known as BOKF, is a financial holding company based in the United States. The company operates through its subsidiary banks, including Bank of Oklahoma, Bank of Texas, Bank of Albuquerque, Bank of Arkansas, and others. BOKF provides a wide range of financial services to individuals, businesses, and institutional clients.
The company primarily focuses on four business segments. The first is commercial banking, which involves offering a variety of loan and deposit products to commercial customers, including small and middle-market businesses. BOKF aims to meet the financial needs of these businesses by providing working capital loans, equipment financing, commercial real estate loans, and treasury management services.
The second segment is consumer banking, where BOKF offers a range of banking services to individual customers. These include checking and savings accounts, home mortgage loans, personal loans, credit cards, and other consumer financial products. BOKF strives to provide personalized and convenient banking solutions to its retail customers.
The third segment is wealth management, which focuses on providing investment advisory services to individuals and institutions. BOK Financial's wealth management division helps clients with financial planning, retirement planning, estate planning, trust services, and investment management. They aim to help customers achieve their financial goals and grow their wealth.
The fourth segment is treasury and other, which consists of hedging and asset/liability management activities, as well as various investments, including mutual funds and other alternative investments.
BOK Financial differentiates itself by combining a customer-centric approach with a comprehensive suite of financial services. The company's objective is to build long-term relationships with its clients and provide tailored solutions to meet their specific financial needs.
Overall, BOK Financial Corporation operates as a diversified financial services provider, offering commercial and consumer banking, wealth management, and treasury services to its customers.