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Jun 30, 2021

BOK Financial Q2 2021 Earnings Report

Net income of $166.4 million, or $2.40 per diluted share, was reported for the second quarter of 2021.

Key Takeaways

BOK Financial Corporation reported a strong second quarter with net income of $166.4 million, or $2.40 per diluted share. The organization eclipsed $160 million in net income for the first time, driven by contributions from Wealth Management and stable net interest revenues. The company also saw growth in its Healthcare portfolio and steady core C&I.

Net income was $166.4 million or $2.40 per diluted share for the second quarter of 2021.

Net interest revenue totaled $280.3 million, consistent with the prior quarter.

Fees and commissions revenue totaled $169.4 million, an increase of $7.3 million.

Operating expense decreased $4.6 million to $291.2 million.

Total Revenue
$472M
Previous year: $511M
-7.6%
EPS
$2.4
Previous year: $0.92
+160.9%
Efficiency Ratio
64.2%
Previous year: 59.57%
+7.8%
Cash and Equivalents
$1.26B
Previous year: $1.25B
+0.9%
Total Assets
$47.2B
Previous year: $45.8B
+2.9%

BOK Financial

BOK Financial

BOK Financial Revenue by Segment

Forward Guidance

This news release contains forward-looking statements that are based on management's beliefs, assumptions, current expectations, estimates and projections about BOK Financial Corporation, the financial services industry, the economy generally and the expected or potential impact of the novel coronavirus (COVID-19) pandemic, and the related responses of the government, consumers, and others, on our business, financial condition and results of operations.