Keefe Bruyette & Woods Lowers Estimates On BOK Financial (BOKF)

Keefe Bruyette & Woods is lowering earnings estimates on BOK Financial Corp

after the company reported earnings for this past quarter. KBW rates shares at Market Perform and gives it a $52 price target. In the report, Keefe Bruyette & Woods writes, "Credit appears to be stabilizing as NPAs and the LLP have declined three consecutive qtrs. There was a small increase in NCOs. Capital was boosted by good core profitability and a positive swing in AOCI. Loan demand remains weak and good deposit growth in the core OK franchise. Lowering estimates." Shares of BOK Financial are up $1.01 to $49.72.