While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. The consensus EPS estimate for the quarter has been revised 1.56% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The Zacks Earni ...

When looking at the last two reports, this Regional banking operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.27%, on average, in the last two quarters. For the last reported quarter, BOK Financial came out with earnings of $1.91 per share versus the Zacks Consensus Estimate of $1.72 per share, representing a surprise of 11.05%. For the previous quarter, the company was expected to post earnings of $1.72 per share and it actually produced earnings ...

BOK Financial has an encouraging credit quality metrics. The company has been witnessing a sharp decline in its non-performing assets as well as net charge-offs (NCOs) in the past. The metrics have been better than the pre-pandemic levels. With a history of outperformance during credit cycles, BOK Financial is believed to be well-positioned amid expectations of an economic slowdown. Shares of the company have gained 4.3% over the past six months against the industry's decline of 10.2%. Image Source: Zacks I ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

Harnessing the Power of Earnings Estimate Revisions The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recomme ...

SECURITIES AND EXCHANGE COMMISSION FORM 10-Q For the transition period from _____________ to ______________ BOK FINANCIAL CORP (Exact name of registrant as specified in its charter) 73-1373454 (IRS Employer Identification No.) 74192 Offices) (Zip Code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such ...

BOK Financial Corporation’s (BOKF) first-quarter 2024 adjusted earnings per share (EPS) of $1.91 beat the Zacks Consensus Estimate of $1.72. The bottom line compared unfavorably with earnings of $2.43 per share reported a year ago.Shares of BOKF have gained 2.1% following the release of its higher-than-expected quarterly performance.The results benefited from a rise in total fees and commissions, higher loans and deposit balances. Moreover, a decline in provisions was another positive. However, lower net in ...

Our footprint is located in dynamic, high growth markets and our strong risk management culture allows us to remain open for business, actively growing our portfolio during times when others are pulling back. We have a seasoned management team with deep bench strength. Our executive leadership team has an average of 34 years of industry experience and 24 years at this organization. Discipline is key to generating value and one differentiator I wanted to highlight for us is our credit culture. If you look ba ...

BOK Financial (BOKF) reported $455.27 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 14.1%. EPS of $1.91 for the same period compares to $2.43 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $473.7 million, representing a surprise of -3.89%. The company delivered an EPS surprise of +11.05%, with the consensus EPS estimate being $1.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

'18 '22 Med '13 100 year history in energy lending and a tested playbook that works 7 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic • Credit quality remains better than pre-pandemic level with a decline in non-performing assets during the quarter • CRE office exposure is less than 4% of outstanding period end total loan balances, with properties in resilient markets Committed Criticized Assets / Tier 1 Capital & Reserves CRE Office by Location In Footprint, 66% Out of Fo ...