earnings
confidence high
sentiment negative
materiality 0.75
BOKF Q1 earnings drop to $0.91 EPS from $1.71; trading revenue plunges $41.9M
BOK FINANCIAL CORP
2022-Q1 EPS reported
$0.91
- Net income $62.5M ($0.91 diluted EPS) vs $117.3M ($1.71) in Q4 2021.
- Brokerage & trading revenue fell $41.9M to a net loss of $27.1M due to interest rate volatility and Ukraine conflict.
- Net interest revenue $268.4M, down $8.7M; net interest margin 2.44% vs 2.52%.
- Period-end loans increased $469M to $20.7B; average deposits up $560M, but period-end down $1.8B seasonally.
- No provision for credit losses; allowance 1.37% of loans; CET1 ratio 11.30%.