BOK Financial Q4 2021 Earnings Report
Key Takeaways
BOK Financial Corporation reported net income of $117.3 million, or $1.71 per diluted share, for the fourth quarter of 2021. The results reflect a decrease compared to the previous quarter, influenced by reduced transaction activity and tighter margins in brokerage and trading revenues, as well as lower mortgage banking revenue.
Net income was $117.3 million, or $1.71 per diluted share.
Net interest revenue totaled $277.1 million, a decrease of $3.2 million.
Operating revenue totaled $157.4 million, a decrease of $72.4 million.
Period-end loans decreased $142 million to $20.2 billion.
BOK Financial
BOK Financial
BOK Financial Revenue by Segment
Forward Guidance
BOK Financial anticipates loan growth, strong asset quality, fundamental growth in wealth management, and is well-positioned for a rising rate environment in 2022.
Positive Outlook
- Turned the corner on loan growth
- Overall asset quality is better than pre-pandemic
- Strong fundamental growth in assets under management in Wealth Management business
- Well positioned for a rising rate environment
- Deliver net interest revenue growth that will perform exceptionally well in the regional bank space