BOK Financial reports Q4 adjusted EPS $2.48, consensus $2.16

Net interest income totaled $345.3M, an increase of $7.6M. Net interest margin expanded 7 basis points to 2.98% compared to 2.91% in the prior quarter. Stacy Kymes, President and CEO, stated, “Our results this quarter represent a strong capstone to a year of outstanding performance and disciplined execution, highlighted by record earnings per share performance. Loan growth was exceptional this quarter with outstanding loans increasing 3.2% driven by robust growth in our core commercial and industrial lines as well as our specialty businesses. Net interest income has grown every quarter this year and our fee businesses continue to demonstrate the strength of our diversified business model, delivering not only record quarters, but record years for both our Fiduciary and Asset Management and Transaction Card businesses. We are a company well positioned for growth, anchored by a long history of disciplined risk management.”