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Bank Recovers Some Impairment Reserve.(company sales and earnings)(Brief Article)
Growth in net interest income, solid credit quality and a recovery of "impairment" to its mortgage servicing rights helped BOK Financial Corp. here grow net income by 12% in the second quarter.
The company reported net income of $45.5 million, or $0.68 per share, in the quarter. That's up from $40.8 million, or $0.61 per share, in the same period last year.
The company's president and CEO, Stan Lybarger, touts growing fee income, disciplined operating expense management, and investments made to improve operations as factors behind the increase, but the company also benefited ...
- BANK OF OKLAHOMA TO APPOINT STAN LYBARGER CEO; ANNOUNCES SECOND QUARTER RESULTS
- Press release article from: PR Newswire July 25, 1995 700+ words
...Executive Officer in 1991, I stated that I intended to continue in that position for up to five years," said Kaiser. "Under Stan Lybarger's direction, the past four years have seen BOk re-establish its leadership role in Oklahoma banking, more than double...
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- News wire article from: Mortgage Line September 17, 2004 700+ words
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Source: HighBeam Research, Bank Recovers Some Impairment Reserve.(company sales and...