BOK Financial: Q2 Earnings Snapshot
TULSA, Okla. (AP) _ BOK Financial Corp. (BOKF) on Wednesday reported second-quarter net income of $132.8 million.
The bank, based in Tulsa, Oklahoma, said it had earnings of $1.96 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The Regional banking operator posted revenue of $462.9 million in the period. Its revenue net of interest expense was $442.6 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $420.1 million.
BOK Financial shares have declined 23% since the beginning of the year. The stock has fallen slightly more than 2% in the last 12 months.