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Sep 30, 2024
BOK Financial Q3 2024 Earnings Report
Reported earnings of $140 million, or $2.18 per share, in the third quarter
Key Takeaways
BOK Financial Corporation reported a net income of $140 million, or $2.18 per diluted share, for the third quarter of 2024. The results reflect an increase in net interest income and fees and commissions revenue, offset by an increase in operating expenses.
Net income was $140.0 million, or $2.18 per diluted share.
Net interest income totaled $308.1 million, with net interest margin expanding to 2.68%.
Fees and commissions revenue was $202.5 million.
Period end deposits grew by $985 million to $37.2 billion.
BOK Financial
BOK Financial
BOK Financial Revenue by Segment
BOK Financial Revenue by Geographic Location
Revenue by Segment
Commercial Banking Revenue
CapyFin.comConsumer Banking Revenue
CapyFin.comWealth Management Revenue
CapyFin.comRevenue by Geographic Location
Texas Revenue
CapyFin.comOklahoma Revenue
CapyFin.comColorado Revenue
CapyFin.comArizona Revenue
CapyFin.comKansas & Missouri Revenue
CapyFin.comNew Mexico Revenue
CapyFin.comArkansas Revenue
CapyFin.com Forward Guidance
BOK Financial maintained consistent earnings growth in the third quarter, benefiting from net interest income growth and exceptional asset quality.
Positive Outlook
- Resilient business model through various business cycles.
- Revenue diversity and commitment to risk management.
- Economic growth within the eight-state footprint.
- High levels of tangible capital and liquidity.
- Strong risk management practices related to credit, interest rate, liquidity, and capital risk.
Challenges Ahead
- No specific negative forward guidance mentioned in the provided text.