earnings
confidence high
sentiment neutral
materiality 0.75
BOK Financial Q4 net income $82.6M ($1.26 EPS); annual net income $531M ($8.02 EPS)
BOK FINANCIAL CORP
2023-FY EPS reported
$8.02
- Q4 net income $82.6M ($1.26 EPS) vs Q3 $134.5M ($2.04); annual $530.7M ($8.02) vs $520.3M ($7.68) in 2022.
- Net interest revenue $296.7M, down $4.2M QoQ; net interest margin 2.64% vs 2.69%.
- Operating expense $384.1M, up $59.8M, including $43.8M FDIC special assessment (cut EPS $0.52).
- Period-end loans grew $181M to $23.9B; deposits up $367M to $34.0B; loan-to-deposit ratio 70%.
- Sold BOKF Insurance for $31.0M pre-tax gain; AFS securities losses $27.6M from portfolio repositioning.