BOK Financial: 4Q Earnings Snapshot

January 30, 2019

TULSA, Okla. (AP) _ BOK Financial Corp. (BOKF) on Wednesday reported fourth-quarter net income of $108.5 million.

The Tulsa, Oklahoma-based bank said it had earnings of $1.50 per share. Earnings, adjusted for non-recurring costs, were $1.65 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.

The Regional banking operator posted revenue of $502 million in the period. Its revenue net of interest expense was $422.1 million, which also missed Street forecasts. Six analysts surveyed by Zacks expected $432.3 million.

For the year, the company reported profit of $445.6 million, or $6.63 per share. Revenue was reported as $1.6 billion.

BOK Financial shares have increased 13 percent since the beginning of the year. The stock has decreased 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOKF at https://www.zacks.com/ap/BOKF

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