BOKF - BOK Financial GAAP EPS of $2.43 beats by $0.12 revenue of $530.21M beats by $5.47M
2023-04-26 07:59:19 ET
- BOK Financial press release ( NASDAQ: BOKF ): Q1 GAAP EPS of $2.43 beats by $0.12 .
- Revenue of $530.21M (+48.8% Y/Y) beats by $5.47M .
- Net interest revenue totaled $352.3 million, consistent with the prior quarter.
- Net interest margin was 3.45 percent compared to 3.54 percent, driven by higher funding costs, as expected.
- We recorded a $16.0 million provision for expected credit losses in the first quarter of 2023.
- The company's common equity Tier 1 capital ratio was 12.19 percent at March 31, 2023. In addition, the company's Tier 1 capital ratio was 12.20 percent, total capital ratio was 13.21 percent, and leverage ratio was 9.94 percent at March 31, 2023.
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BOK Financial GAAP EPS of $2.43 beats by $0.12, revenue of $530.21M beats by $5.47M