Equity Analysis /
United States of America

US : BOK Financial Corporation - BOKF | 4Q20 First Look: Core EPS Above Forecast; Trends Mixed

    Joseph Yanchunis
    Carl-Harry Doirin
    20 January 2021
    Published byCGS-CIMB

    Event: BOK Financial reported 4Q20 EPS of $2.21. However, ex. items detailed in the table on page 3, we peg core EPS at $2.10 which exceeded our forecast of $2.08 and consensus of $1.92 (range: $1.50-2.14). On a core basis, stronger net interest income, lower noninterest expenses, and a negative lo