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BOK Financial (BOKF) sells its risk management and employee benefits insurance brokerage and consulting business to USI Insurance. It will use sale proceeds to buy higher-yielding securities.
Elevated expenses and a decline in net interest revenues hurt BOK Financial's (BOKF) Q3 earnings, while lower provisions and higher fees and commissions offer some support.
BOK Financial Corporation (NASDAQ:BOKF ) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Martin Grunst - CFO Stacy Kymes - CEO Marc Maun - EVP, Regional Banks Scott Grauer - EVP, Wealth Management Conference Call Participants Brady Gailey - KBW Peter Winter - D.A. Davidson Jon Arfstrom - RBC Capital Markets Brandon King - Truist Securities Matt Olney - Stephens Timur Braziler - Wells Fargo Securities Operator Greetings, and welcome to BOK Financial Corporation Third Quarter 2023 Earnings Conference Call.
TULSA, OK / ACCESSWIRE / October 3, 2023 / BOK Financial Corporation (NASDAQ:BOKF) will announce financial results for the third quarter of 2023 which will be released before market open on Wednesday, Oct. 25, 2023. The company will hold a conference call at 9 a.m.
BOK Financial (BOKF) reported earnings 30 days ago. What's next for the stock?
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered debt ratings on several small and midsize banks.
Higher net income and an increase in loan balances support BOK Financial's (BOKF) Q2 earnings while a rise in provisions and operating expenses hurt.
The headline numbers for BOK Financial (BOKF) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
BOK Financial (BOKF) came out with quarterly earnings of $2.27 per share, missing the Zacks Consensus Estimate of $2.28 per share. This compares to earnings of $1.96 per share a year ago.
BOK Financial's (BOKF) subsidiary BOK Financial Securities will open a new office in the fast-growing market of Memphis. This underlines the company's efforts to expand in the southeastern regions of the United States.