BOK Financial Q3 2022 Earnings Report
Key Takeaways
BOK Financial Corporation reported net income of $156.5 million, or $2.32 per diluted share, for the third quarter of 2022. The company saw growth in net interest revenue, fees and commissions revenue, and period-end loans. The company also recorded a provision for expected credit losses due to loan growth and increased uncertainty in the economic outlook.
Net income was $156.5 million or $2.32 per diluted share for the third quarter of 2022.
Net interest revenue totaled $316.3 million, an increase of $42.3 million.
Fees and commissions revenue increased $19.3 million to $192.6 million.
Period-end loans increased $499 million to $21.8 billion at September 30, 2022.
BOK Financial
BOK Financial
BOK Financial Revenue by Segment
Forward Guidance
The longer-term economic outlook is less certain, but the company remains optimistic about its ability to grow earnings from current levels in the near-term.