BOK Financial Q3 2021 Earnings Report
Key Takeaways
BOK Financial Corporation reported a strong third quarter with net income of $188.3 million, or $2.74 per diluted share. The results were driven by record revenues in Wealth Management and gains from alternative investments. Expense management remained well-controlled, and credit quality metrics continued to improve.
Net income was $188.3 million or $2.74 per diluted share.
Net interest revenue totaled $280.2 million, consistent with the prior quarter.
Operating revenue totaled $229.8 million, an increase of $38.4 million.
Period-end loans decreased $1.1 billion to $20.3 billion.
BOK Financial
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BOK Financial Revenue by Segment
Forward Guidance
While loan growth continues to be a challenge, BOK Financial believes that the inevitable return to normalized levels will result in significant earnings growth potential. The company is well-positioned to aggressively add customers throughout its loan portfolio.