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Jun 30, 2020

BOK Financial Q2 2020 Earnings Report

Reported quarterly earnings with diversified revenue model effectiveness and record pre-provision net revenue.

Key Takeaways

BOK Financial Corporation reported net income of $64.7 million, or $0.92 per diluted share, for the second quarter of 2020. The company's diversified revenue model and record quarters from Wealth Management and Mortgage businesses drove strong fee revenue, eclipsing pre-provision net revenue from the same quarter a year ago.

Net income was $64.7 million or $0.92 per diluted share for the second quarter of 2020.

Pre-provision net revenue was $215.8 million for the second quarter of 2020.

Net interest revenue totaled $278.1 million.

Fees and commissions revenue totaled $213.7 million.

Total Revenue
$511M
Previous year: $457M
+11.7%
EPS
$0.92
Previous year: $1.93
-52.3%
Efficiency Ratio
59.57%
Leverage Ratio
7.74%
Cash and Equivalents
$1.25B
Previous year: $1.34B
-6.6%
Total Assets
$45.8B
Previous year: $41.9B
+9.4%

BOK Financial

BOK Financial

BOK Financial Revenue by Segment

BOK Financial Revenue by Geographic Location

Forward Guidance

The company will continue to evaluate critical assumptions and estimates and will adjust amounts reported if necessary.