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BOK Financial Q3 EPS surpasses analyst estimate

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BOK Financial Q3 EPS surpasses analyst estimate

BOK Financial Corp. reported third-quarter net income attributable to shareholders of $142.2 million, or $2.00 per share, up from $117.3 million, or $1.79 per share, in the same quarter last year.

The Tulsa, Okla.-based bank outdid the S&P Global Market Intelligence GAAP EPS consensus estimate for the quarter of $1.90.

Total loans as of Sept. 30 stood at $22.41 billion, up from $22.00 billion at the end of the previous quarter and from $18.20 billion a year ago.

Total deposits grew to $25.70 billion at the end of the most recent quarter, from $25.16 as of June 30 and $21.94 billion at the end of the year-ago quarter.

BOK Financial posted net interest revenue of $279.1 million in the third quarter, up from $240.9 million in the same quarter last year.

Net interest margin for the third quarter was 3.01%, compared with 3.30% in the second quarter and 3.21% in the third quarter of 2018.