NASDAQ$BOKF
BOK Financial Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported quarterly earnings of $146 million or $2.10 per share in the first quarter.
BOK Financial Corporation reported a net income of $146.1 million, or $2.10 per diluted share, for the first quarter of 2021. The results were driven by exceptional credit outcomes and improving economic metrics, which led to a $25 million release in reserves. However, loan growth remains challenged industry-wide, and net interest revenue decreased by $16.8 million compared to the previous quarter.
- Net income was $146.1 million or $2.10 per diluted share.
- Released $25 million in reserves due to exceptional credit outcomes and improving economic metrics.
- Net interest revenue totaled $280.4 million, a decrease of $16.8 million.
- Fees and commissions revenue totaled $162.2 million, a decrease of $18.9 million.
Headline financials
Revenue & EPS history
BOK Financial · Revenue · Quarterly
$444M
Revenue by segment
BOK Financial · $367M total across 3 segments · Q1 2021
- Commercial Banking$180M-6.7%49.0%
- Wealth Management$114M-2.4%31.1%
- Consumer Banking$73.3M-26.0%20.0%
Forward guidance
While loan growth remains challenged industry-wide, BOK Financial Corporation remains focused on the long-term and sees a clear path to growing loans this year with the economic recovery underway. The company is closely monitoring expense levels, striving for balance between expense reductions and containment while keeping long term investments in people and technology a top priority.
Tailwinds
- Exceptional credit outcomes.
- Improving economic metrics.
- Longstanding track record of loan growth outpacing U.S. GDP growth.
- Substantial capital levels.
- Strong competitive position and a favorable footprint.
Headwinds
- Loan growth remains challenged industry-wide.
- Unprecedented liquidity.
- Heightened uncertainty.
- Lower net interest revenue.
- Compressed net interest margin.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.0%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+1.6%
Avg return
30 days after
43%
30 / 69 earnings
Positive
+6.9%
Q3 2020
Best reaction
-12.0%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -3.3% | -5.4% | |
| Q4 2025 | +1.3% | +5.7% | +4.7% | |
| Q3 2025 | -3.1% | -3.3% | -3.7% | |
| Q2 2025 | -1.7% | -0.4% | +4.6% | |
| Q1 2025 | -1.7% | +2.6% | +4.2% | |
| Q4 2024 | -0.2% | -2.7% | -3.2% | |
| Q3 2024 | -2.1% | -4.1% | +5.0% | |
| Q2 2024 | -1.5% | -1.0% | -5.2% | |
| Q1 2024 | -1.3% | -1.3% | +1.0% | |
| Q4 2023 | +2.9% | +4.2% | +0.0% | |
| Q3 2023 | -9.6% | -7.6% | -0.2% | |
| Q2 2023 | -2.4% | -1.8% | -11.0% | |
| Q1 2023 | +5.2% | +4.3% | +4.8% | |
| Q4 2022 | -0.1% | -0.8% | +4.4% | |
| Q3 2022 | +3.7% | +9.1% | +3.1% | |
| Q2 2022 | +5.7% | +9.3% | +12.8% | |
| Q1 2022 | -0.5% | -1.0% | +0.1% | |
| Q4 2021 | -12.0% | -11.5% | -12.0% | |
| Q3 2021 | +5.4% | +8.5% | +11.7% | |
| Q2 2021 | -0.3% | +1.5% | +6.9% | |
| Q1 2021 | -2.6% | -0.2% | +3.5% | |
| Q4 2020 | -2.7% | -2.2% | +5.5% | |
| Q3 2020 | +6.9% | +6.2% | +21.7% | |
| Q2 2020 | +3.9% | +0.3% | -0.6% | |
| Q1 2020 | +5.8% | +13.2% | +10.4% | |
| Q4 2019 | -3.7% | -6.2% | -5.5% | |
| Q3 2019 | -1.5% | -0.5% | +4.9% | |
| Q2 2019 | +5.0% | +6.1% | -2.8% | |
| Q1 2019 | -1.8% | +0.8% | -9.9% | |
| Q4 2018 | +0.0% | +2.0% | +9.3% | |
| Q3 2018 | -2.1% | -0.4% | -3.3% | |
| Q2 2018 | +0.5% | +0.1% | +3.2% | |
| Q1 2018 | -0.8% | -2.7% | -1.1% | |
| Q4 2017 | +0.0% | +1.1% | -1.2% | |
| Q3 2017 | -3.6% | -4.7% | -6.5% | |
| Q2 2017 | -2.6% | -3.2% | -7.4% | |
| Q1 2017 | +5.9% | +5.0% | +2.7% | |
| Q4 2016 | +1.6% | -1.8% | -0.5% | |
| Q3 2016 | +1.1% | +0.2% | +15.0% | |
| Q2 2016 | -0.8% | -4.1% | +2.9% | |
| Q1 2016 | -3.3% | — | — | |
| Q4 2015 | +5.2% | — | — | |
| Q3 2015 | +6.9% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | -2.9% | — | — | |
| Q3 2014 | +0.4% | — | — | |
| Q2 2014 | +1.7% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | -4.9% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | +2.4% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | +4.9% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q4 2008 | -0.8% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q3 2011 | -3.5% | — | — | |
| Q2 2011 | +2.5% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q3 2009 | +1.3% | — | — | |
| Q3 2010 | +1.3% | — | — | |
| Q2 2010 | -2.3% | — | — | |
| Q2 2009 | -2.3% | — | — |
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