BOK Financial Third Quarter 2024 Earnings: Beats Expectations

BOK Financial (NASDAQ:BOKF) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$514.3m (up 4.5% from 3Q 2023).
• Net income: US$140.0m (up 5.0% from 3Q 2023).
• Profit margin: 27% (in line with 3Q 2023).
• EPS: US$2.21 (up from US$2.04 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BOK Financial Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 10%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 6.6% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are down 2.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on BOK Financial's balance sheet health.

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