BOK Financial Earnings Calls

Q4 2024 Beat
$2.12 (7.61%)
Release date Jan 17, 2025
EPS estimate $1.97
EPS actual $2.12
EPS Surprise 7.61%
Revenue estimate 522.566M
Revenue actual 519.984M
Revenue Surprise -0.494%
Q3 2024 Beat
$2.18 (10.10%)
Release date Oct 21, 2024
EPS estimate $1.98
EPS actual $2.18
EPS Surprise 10.10%
Revenue estimate 510.586M
Revenue actual 680.31M
Revenue Surprise 33.24%
Q2 2024 Beat
$2.54 (7.63%)
Release date Jul 22, 2024
EPS estimate $2.36
EPS actual $2.54
EPS Surprise 7.63%
Revenue estimate 514.18M
Revenue actual 932.675M
Revenue Surprise 81.39%
Q1 2024 Beat
$1.91 (11.05%)
Release date Apr 24, 2024
EPS estimate $1.72
EPS actual $1.91
EPS Surprise 11.05%
Revenue estimate 480.76M
Revenue actual 814.352M
Revenue Surprise 69.39%

Last 4 Quarters for BOK Financial

Below you can see how BOKF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Beat
Release date Apr 24, 2024
Fiscal end date Mar 31, 2024
Price on release $93.05
EPS estimate $1.72
EPS actual $1.91
EPS surprise 11.05%
Date Price
Apr 18, 2024 $85.43
Apr 19, 2024 $87.85
Apr 22, 2024 $89.26
Apr 23, 2024 $91.11
Apr 24, 2024 $93.05
Apr 25, 2024 $89.96
Apr 26, 2024 $90.83
Apr 29, 2024 $89.95
Apr 30, 2024 $88.73
4 days before 8.92%
4 days after -4.64%
On release day -3.32%
Change in period 3.86%
Q2 2024 Beat
Release date Jul 22, 2024
Fiscal end date Jun 30, 2024
Price on release $106.79
EPS estimate $2.36
EPS actual $2.54
EPS surprise 7.63%
Date Price
Jul 16, 2024 $101.99
Jul 17, 2024 $104.18
Jul 18, 2024 $102.56
Jul 19, 2024 $103.68
Jul 22, 2024 $106.79
Jul 23, 2024 $106.00
Jul 24, 2024 $105.19
Jul 25, 2024 $105.71
Jul 26, 2024 $105.72
4 days before 4.71%
4 days after -1.00%
On release day -0.740%
Change in period 3.66%
Q3 2024 Beat
Release date Oct 21, 2024
Fiscal end date Sep 30, 2024
Price on release $110.17
EPS estimate $1.98
EPS actual $2.18
EPS surprise 10.10%
Date Price
Oct 15, 2024 $110.98
Oct 16, 2024 $112.89
Oct 17, 2024 $114.66
Oct 18, 2024 $113.74
Oct 21, 2024 $110.17
Oct 22, 2024 $107.96
Oct 23, 2024 $107.90
Oct 24, 2024 $108.01
Oct 25, 2024 $105.66
4 days before -0.730%
4 days after -4.09%
On release day -2.01%
Change in period -4.79%
Q4 2024 Beat
Release date Jan 17, 2025
Fiscal end date Dec 30, 2024
Price on release $112.99
EPS estimate $1.97
EPS actual $2.12
EPS surprise 7.61%
Date Price
Jan 13, 2025 $106.55
Jan 14, 2025 $109.44
Jan 15, 2025 $111.23
Jan 16, 2025 $111.12
Jan 17, 2025 $112.99
Jan 21, 2025 $114.26
Jan 22, 2025 $112.80
Jan 23, 2025 $110.60
Jan 24, 2025 $109.91
4 days before 6.04%
4 days after -2.73%
On release day 1.12%
Change in period 3.15%

BOK Financial Earnings Call Transcript Summary of Q4 2024

Total Shareholder Return

27% for the year, outperforming the KRX index by 14%.

Credit Metrics

Excellent credit performance with a net annualized charge-off rate of 5 basis points and a loan loss allowance at 1.38% of outstanding loans.

Loan Portfolio Insights

  • Loan Growth: Period-end loan balances increased 0.5% quarter-over-quarter. Core Commercial & Industrial (C&I) loans grew 8.1% year-over-year.
  • Regional Expansion: Focus on Texas, specifically San Antonio, is yielding growth in C&I loans, which grew 9.8% year-over-year.
  • Commercial Real Estate (CRE) and Healthcare: Experienced payoffs and reductions but are expected to recover as interest rates stabilize.

Deposit Trends

  • Deposit Growth: Strong across all segments; non-interest bearing deposits increased, stabilizing margins despite market rate fluctuations.
  • Strategic Insights: The bank is focused on retaining a competitive edge while managing deposit pricing effectively.

Fee Income Contributions

  • Fee Income: Constituted 40% of total revenue, consistent with prior trends. Notable growth in trading fees (39.8% increase due to demand returning post-Fed cuts).
  • Asset Management and Brokerage Growth: Continued growth in Asset Under Management (AUM) and a solid increase in retail brokerage, indicating strong performance across fee-generating segments.

Looking Ahead - 2025 Guidance

  • Net Interest Income (NII) Expectations: Anticipating mid-to-upper single-digit growth. Expected sector shifts between trading-related fees and NII, projected continued strong loan growth.
  • Expense Management: Projecting mid-single-digit growth in expenses, focused on investments in talent and IT without large lift-outs expected.
  • Economic Environment: Management remains confident in a healthy economic backdrop and improved yield curve conditions fueling growth opportunities.

Management Commentary

  • The company emphasized strong fundamentals, confident guidance for growth, and consistent efforts in talent acquisition to support long-term objectives.
  • Recognition was given to Marc Maun for his contributions over his 40-year tenure, marking a transition in leadership.

BOK Financial Earnings History

Earnings Calendar

FAQ

When is the earnings report for BOKF?
BOK Financial Corporation (BOKF) has scheduled its earnings report for Apr 23, 2025 before the markets open.

What is the BOKF price-to-earnings (P/E) ratio?
BOKF P/E ratio as of Feb 14, 2025 (TTM) is 14.88.

What is the BOKF EPS forecast?
The forecasted EPS (Earnings Per Share) for BOK Financial Corporation (BOKF) for the first fiscal quarter 2025 is $2.00.

What are BOK Financial Corporation's retained earnings?
On its balance sheet, BOK Financial Corporation reported retained earnings of $519.98 million for the latest quarter ending Dec 30, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Click to get the best stock tips daily for free!
ABOUT BOK FINANCIAL CORPORATION
BOK Financial
BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, cash management, and customer commodity risk management products for ...
GOLDEN STAR
Ticker Change Signal Date
T
TBIL
$49.90
0.0802% Feb 12
I
IBTF
$23.33
0.0429% Feb 12
SKT
$33.58
2.00% Feb 12
BSY
$46.63
1.33% Feb 11
IBN
$29.02
0.482% Feb 11

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE