earnings
confidence high
sentiment neutral
materiality 0.60
BOK Financial Q1 net income $84M ($1.29 EPS), NIM 2.61%, commercial loans grow 9% annualized
BOK FINANCIAL CORP
2024-Q1 EPS reported
$1.29
- Net income $83.7M ($1.29 diluted EPS); adjusted net income $123.2M ($1.91 EPS) excluding securities repositioning loss and FDIC assessment.
- Net interest revenue $293.6M, down $3.1M; NIM 2.61% vs 2.64% prior quarter.
- Period-end loans $24.2B, up $268M; commercial loans grew ~9% annualized.
- Nonperforming assets fell to 0.51% of loans; net charge-offs 0.09% annualized.
- Repurchased 616,630 shares at avg $83.89; Tier 1 capital ratio 12.00%.