BOK Financial: 2Q Earnings Snapshot

By The Associated Press

Posted Jul 22, 2020 09:03:11 AM.

Last Updated Jul 22, 2020 09:10:14 AM.

This article is more than 5 years old.

TULSA, Okla. (AP) _ BOK Financial Corp. (BOKF) on Wednesday reported second-quarter net income of $64.7 million.

The Tulsa, Oklahoma-based bank said it had earnings of 92 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.

The Regional banking operator posted revenue of $539.1 million in the period. Its revenue net of interest expense was $510.8 million, beating Street forecasts. Three analysts surveyed by Zacks expected $449.3 million.

BOK Financial shares have decreased 37% since the beginning of the year. The stock has dropped 28% in the last 12 months.

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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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