BOK Financial Corporation (NASDAQ:BOKF) is set to announce third quarter earning results on Wednesday 21st October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, BOKF to report 3Q20 income of $ 1.56 per share.
For the full year, analysts anticipate top line of $ 1910.91 million, while looking forward to income of $ 4.87 per share bottom line.
Previous Quarter Performance
BOK Financial Corporation unwinded income for the second quarter of $ 0.92 per share, from the revenue of $ 510.80 million. The quarterly earnings dropped 52.33 percent while revenues boosted 11.65 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.12 per share from $ 455.60 million in revenue. The bottom line results missed street analysts by $ 0.2 or 17.86 percent, at the same time, top line results outshined analysts by $ 55.20 million or 12.12 percent.
Stock Performance
Shares of BOK Financial Corporation traded up $ 1.49 or 2.70 percent on Tuesday, reaching $ 56.77 with volume of 373.00 thousand shares. BOK Financial Corporation has traded high as $ 57.08 and has cracked $ 55.67 on the downward trend
The closing price of $ 56.77, representing a 59.91 % increase from the 52 week low of $ 34.57 and a 37.38 % decrease over the 52 week high of $ 88.28.
The company has a market capital of $ 3.99 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Conference Call
BOK Financial Corporation will be hosting a conference call at 10:00 AM eastern time on 21st October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bokf.com
BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, and cash management services, as well as customer risk management products for small businesses, middle market, and larger commercial customers.
