earnings
confidence high
sentiment positive
materiality 0.75
BOK Financial Q2 net income $176.5M ($2.92 EPS), up 13% QoQ; loans +$896M
BOK FINANCIAL CORP
- Net income $176.5M ($2.92 diluted EPS) vs $155.8M ($2.58) in Q1; adjusted EPS $2.59 excluding Visa B share gain and securities repositioning loss.
- Net interest income $351.8M (+$9.3M QoQ); net interest margin 2.91% (stable); fees & commissions $202.0M (-$7.8M).
- Loans grew $896M to $27.1B, broad-based; deposits up $1.2B to $39.9B; loan-to-deposit ratio 68%.
- Credit quality strong: nonperforming assets 0.23% of loans, net charge-offs $500K (0.01% annualized); no provision for credit losses.
- Tangible common equity ratio improved to 9.61% from 9.29%; repurchased 2,519 shares at $129.89.