BOKF Earnings Prediction
The chart below shows how BOKF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BOKF sees a -2.28% change in stock price 10 days leading up to the earnings, and a -1.49% change 10 days following the report. On the earnings day itself, the stock moves by -0.27%. This data can give you a slight idea of what to expect for the next quarter's release.
BOKF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
453.96M
6.01%
4.39%
Gross Margin
--
--
--
Operating Margin
38.43%
3.86%
10.30%
Net Margin
30.83%
-1.85%
-18.11%
EPS
2.18
6.86%
-14.17%
No Data Available
BOKF Earnings Analysis
BOK Financial Corp Corporation (BOKF.O) Earnings Conference Call
Positive
Strong Q3 Earnings Performance: Earnings of $140,000,000 or EPS of $2.18 per diluted share for Q3 2024, demonstrating strong financial performance.
Net Interest Income Increase: Net interest income increased by $12,100,000, with net interest margin up 12 basis points, indicating improved profitability.
Fee Income Growth: Total fee income grew by $2,500,000, contributing $202,500,000 of revenue, representing 40% of total revenue, showcasing strong performance in fee-based segments.
Record Assets Under Management: Assets under management surpassed $110,000,000,000 for the first time, reflecting growth in the asset management business.
Exceptional Credit Quality: Credit quality remains exceptional with net recoveries of $54,000 during the quarter and a combined allowance for credit losses of $332,000,000, or 1.39% of outstanding loans, indicating strong risk management.
Negative
Loan Growth Decline: Overall period end loans decreased 2.3% linked quarter, with commercial loans down 4.8%, indicating a decline in loan growth after 11 consecutive quarters of increases.
Energy Loan Balance Decline: Loan balances in the energy business decreased 9.4% linked quarter, primarily due to broader trends in the public debt market and M&A activity leading to lower utilization rates.
Decreased Trading Fees: Trading fees decreased 14.6% to $23,600,000 during the quarter, driven by lower MBS volumes as client demand ahead of anticipated rate cuts was relatively muted.
Stable Mortgage Banking Revenue: Mortgage banking revenue remained unchanged at $18,400,000 for the past three quarters, reflecting a soft mortgage origination market significantly below historical norms.
Personnel Expense Increase: Personnel expenses grew $15,700,000 largely driven by incentive compensation expense, contributing to a total expense increase of $4,300,000 or 1.3% linked quarter.
BOKF FAQs
How does BOKF typically perform around its earnings report dates?
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BOKF Earning Call Sentiment
Earnings call transcript: BOK Financial Q3 2024 earnings beat expectations
BOKF.O
0%Positive
The earnings call presents mixed signals: strong credit quality and record investment banking revenue are positive, but loan growth decline, increased expenses, and no shareholder return plan are concerns. The Q&A highlights management confidence in municipal bonds and C&I growth, but also expense management challenges and competitive pressures. Without clear guidance or new partnerships, and given the neutral financial performance, the stock is likely to remain stable over the next two weeks.
