Analysts Brett Rabatin and Jonathan Craycraft of Sterne Agee said that although a decline in the energy market is affecting banks with a big presence in Oklahoma and Texas, BOK Financial Corp. appears poised nicely for future growth.
The analysts expect GDP in Texas to decline from the 4 to 5 percent growth of the past few years to about 2 percent; most economists have been predicting 2.5 percent growth for the U.S. economy as a whole in 2015.
The decline in oil and gas prices since June now is…
Analysts Brett Rabatin and Jonathan Craycraft of Sterne Agee said that although a decline in the energy market is affecting banks with a big presence in Oklahoma and Texas, BOK Financial Corp. appears poised nicely for future growth.
The analysts expect GDP in Texas to decline from the 4 to 5 percent growth of the past few years to about 2 percent; most economists have been predicting 2.5 percent growth for the U.S. economy as a whole in 2015.
The decline in oil and gas prices since June now is…