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Sep 30, 2020
BOK Financial Q3 2020 Earnings Report
Reported record quarterly earnings due to fee-based revenues, wealth management, and mortgage businesses performance.
Key Takeaways
BOK Financial Corporation reported a net income of $154.0 million, or $2.19 per diluted share, for the third quarter of 2020. The company's performance was driven by its fee-based revenues, as well as strong results from its Wealth Management and Mortgage businesses.
Net income was $154.0 million or $2.19 per diluted share for the third quarter of 2020.
Pre-provision net revenue was $204.6 million for the third quarter of 2020.
Net interest revenue totaled $271.8 million, a decrease of $6.4 million.
Fees and commissions revenue totaled $222.9 million, an increase of $9.2 million.
BOK Financial
BOK Financial
BOK Financial Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in the earnings report.