BOK Financial Corporation (NASDAQ:BOKF) came out with its second quarter earnings results on Wednesday 22nd July 2020 before market open.
The financial products and services provider reported $ 0.92 income per share for the quarter, missed the consensus estimate of $ 1.12 income per share by $ 0.20 or 17.86 percent.
The quarterly earnings down 52.33 percent compared with the same quarter last year.
The firm had revenue of $ 510.80 million for the quarter, compared to the consensus estimate of $ 455.60 million. The revenues outshined analysts estimates by $ 55.20 million or 12.12 percent.
The financial report showed revenues expanded 11.65 percent versus second quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
Steven G. Bradshaw, president and chief executive officer, commented: The second quarter, unlike any in recent memory, demonstrated the effectiveness of our diversified revenue model. Record quarters from both our Wealth Management and Mortgage businesses added more than $150 million to fee revenue this quarter, eclipsing our pre-provision net revenue from the same quarter a year ago.
