BOK Financial reported solid operational performance for the first quarter of 2024, with net income of $83.7 million and EPS of $1.29, supported by a diversified revenue mix and resilient credit quality. On a reported basis, revenue was $800.6 million and net income rose meaningfully from prior periods once one-off items (AFS repositioning and FDIC special assessment) are normalized; excluding those items, adjusted net income would be about $123.2 million, or roughly $1.91 per share. The bank benefits from a diversified fee-income structure (41% of total revenue) and a strong, well-capitalized balance sheet, enabling selective loan growth in growth markets (notably San Antonio, Austin, and Memphis) while maintaining liquidity and ample capital. The quarter showed continued loan growth (period-end loans +1% QoQ; 9% annualized growth in commercial loans) and deposit expansion (+$1.4 billion). Management framed the quarter as a trough for net interest income, with NII of $293.6 million and a net interest margin of 2.61%, and signaled an expectation of NII to stabilize and improve as the yield curve steepens. Credit metrics remained robust, with nonperforming assets at 51 basis points and net charge-offs at 9 basis points annualized. The firm reaffirmed guidance for 2024: 5-7% period-end loan growth and total net interest income just over $1.2 billion, underpinned by balance sheet strength and disciplined credit risk. Management also highlighted ongoing capital discipline (adjusted tangible common equity ~7.92%), ongoing share repurchases, and a focus on expanding fee-based platforms (wealth, mortgage, and TransFund) to offset earnings volatility from net interest income.