NASDAQ$BOKF

BOK Financial Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported net income of $163.7 million, or $2.54 per diluted share.

BOK Financial Corporation reported a net income of $163.7 million, or $2.54 per diluted share, for the second quarter of 2024. The results were driven by robust commercial and industrial loan growth and gains in Visa B stock.

  • Net income was $163.7 million, or $2.54 per diluted share.
  • Net interest income totaled $296.0 million, an increase of $2.4 million.
  • Fees and commissions revenue was $200.0 million, consistent with the prior quarter.
  • Period end loans grew by $381 million to $24.6 billion.

Headline financials

Total Revenue

$556M

Previous: $531M+4.6%
EPS

$2.54

Previous: $2.27+11.9%
Leverage Ratio

9.4%

Previous: 9.8%-3.7%
Tangible Common Equity

8.4%

Previous: 7.8%+7.6%
Net Interest Margin

2.6%

Previous: 3.0%-14.7%
Free Cash Flow

$164M

Previous: $151M+8.2%
Net Income

$164M

Previous: $151M+8.2%
Operating Income

$125M

Previous: $176M-29.1%
Gross Profit

$548M

Previous: $514M+6.5%
Stock-Based Comp

$5.51M

Previous: $4.41M+24.9%

Revenue & EPS history

BOK Financial · Revenue · Quarterly

$556M

Q2 2024+4.6%vs Q2 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

BOK Financial · $616M total across 3 segments · Q3 2023

  • Commercial Banking
    $312M+17.8%
  • Wealth Management
    $160M+9.1%
  • Consumer Banking
    $143M+93.2%

Forward guidance

BOK Financial Corporation did not provide specific forward guidance in the provided earnings report.

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 Q2 2024

Historical avgQ2 2024

-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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro