BOK Financial: 4Q Earnings Snapshot
TULSA, Okla. (AP) _ BOK Financial Corp. (BOKF) on Wednesday reported fourth-quarter net income of $154.2 million.
The Tulsa, Oklahoma-based bank said it had earnings of $2.21 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.
The Regional banking operator posted revenue of $515.8 million in the period. Its revenue net of interest expense was $494 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $487.2 million.
For the year, the company reported profit of $435 million, or $6.19 per share. Revenue was reported as $1.95 billion.
BOK Financial shares have increased 17% since the beginning of the year. The stock has declined 7% in the last 12 months.