Macquarie Upgrades BOK Financial (BOKF) to Neutral

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Go back to Macquarie Upgrades BOK Financial (BOKF) to Neutral

BOK Financial Reports Quarterly Earnings of $74 Million

October 26, 2016 8:00 AM EDT

TULSA, Okla., Oct. 26, 2016 (GLOBE NEWSWIRE) -- BOK Financial Corporation (NASDAQ: BOKF) reported net income of $74.3 million or $1.13 per diluted share for the third quarter of 2016. Net income was $65.8 million or $1.00 per diluted share for the second quarter of 2016 and $74.9 million or $1.09 per diluted share for the third quarter of 2015.

Steven G. Bradshaw, president and chief executive officer of BOK Financial, stated, Earnings were strong in the third quarter due to record revenue combined with lower credit costs as the commodities market continues to normalize. While loan growth was... More