TULSA, Okla. (AP) — TULSA, Okla. (AP) — BOK Financial Corp. (BOKF) on Monday reported third-quarter net income of $140 million.
The bank, based in Tulsa, Oklahoma, said it had earnings of $2.18 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2 per share.
The Regional banking operator posted revenue of $888.5 million in the period. Its revenue net of interest expense was $516.3 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $509.4 million.
BOK Financial shares have risen 29% since the beginning of the year. In the final minutes of trading on Monday, shares hit $110.17, a rise of 45% in the last 12 months.
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