BOK Financial Corporation has announced that it will discontinue its grocery store branch model, resulting in 29 Instore branch closures in the first quarter of 2015. The decision comes as consumer trends lean more towards use of digital banking for everyday transactions and banking center visits for in-person advice or consult. When fully implemented in second quarter of 2015, annual cost savings are estimated to be approximately $7 million to $8 million.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
103.1 USD | +1.04% |
|
+13.20% | +20.06% |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+20.06% | 6.58B | |
+13.95% | 221B | |
+4.26% | 75.83B | |
+15.62% | 60.1B | |
+6.11% | 48.62B | |
+6.91% | 45.08B | |
+26.36% | 43.35B | |
-8.35% | 38.44B | |
+9.05% | 35.4B | |
-96.60% | 32.24B |
- Stock Market
- Equities
- BOKF Stock
- News BOK Financial Corporation
- BOK Financial Corporation to Discontinue Grocery Store Branch Model