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BOK Financial(BOKF) - 2023 Q4 - Earnings Call Transcript

I'll now turn the call over to Stacy Kymes. Beginning on Slide 4, we reported net income of $82.6 million or $1.26 per diluted share for the fourth quarter, which includes a $0.52 per share impact from the FDIC special assessment. Let me briefly diverge and comment on the FDIC special assessment, which I understand most will see as nonrecurring and normalized for the period. The FDIC methodology was flawed and did not use the root cause of the issue which was at low levels of fully-loaded tangible capital c ...