NASDAQ$BOKF

BOK Financial Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

BOK Financial reported earnings increase in Q4 2019.

BOK Financial reported net income of $110.4 million, or $1.56 per diluted share, for the fourth quarter of 2019. The results reflect a decrease compared to the previous quarter, driven by lower net interest revenue and fees and commissions revenue.

  • Net income for the fourth quarter of 2019 was $110.4 million, or $1.56 per diluted share.
  • Net interest revenue totaled $270.2 million, a decrease of $8.8 million compared to the third quarter of 2019.
  • Fees and commissions revenue totaled $179.4 million, a decrease of $6.7 million, primarily due to a seasonal decline in mortgage banking revenue.
  • Operating expense increased $9.5 million to $288.8 million.

Headline financials

Total Revenue

$449M

Previous: $422M+6.3%
EPS (adj)

$1.61

Previous: $1.35+19.3%
Efficiency Ratio

63.6%

No prior period
CET1 Ratio

11.4%

No prior period
Leverage Ratio

8.4%

No prior period
Net Income

$111M

Previous: $108M+2.1%
Operating Income

$160M

No prior period
Cash & Equivalents

$1.26B

Previous: $1.14B+10.1%
Total Assets

$42.2B

Previous: $38B+10.9%
Stock-Based Comp

$3.92M

Previous: -$1.75M+324.7%

Revenue & EPS history

BOK Financial · Revenue · Quarterly

$449M

Q4 2019+6.3%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

BOK Financial · $408M total across 3 segments · Q4 2019

  • Commercial Banking
    $206M
  • Wealth Management
    $115M
  • Consumer Banking
    $88.1M

Forward guidance

BOK Financial expects that their approach to creating and sustaining earnings and growing shareholder value will continue to serve them well in 2020.

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 Q4 2019

Historical avgQ4 2019

-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%

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