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Dec 31, 2023
BOK Financial Q4 2023 Earnings Report
BOK Financial reported annual earnings and quarterly earnings in the fourth quarter.
Key Takeaways
BOK Financial Corporation reported Q4 2023 earnings of $83 million, or $1.26 per share. The quarter included a 52 cent per share reduction as a result of the FDIC special assessment. Net interest revenue totaled $296.7 million, a decrease of $4.2 million compared to the prior quarter. Operating expense increased $59.8 million to $384.1 million, including the FDIC special assessment of $43.8 million.
Net income was $82.6 million or $1.26 per diluted share for the fourth quarter of 2023.
Net interest revenue totaled $296.7 million, a decrease of $4.2 million compared to the prior quarter.
Fees and commissions revenue was $196.8 million, largely consistent with the prior quarter.
Period-end loans grew by $181 million to $23.9 billion at December 31, 2023.
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
While no specific forward guidance was provided, the CEO indicated that the core results were very strong and serve as a great starting point for 2024.