BOK Financial reports Q1 EPS $1.11, consensus $1.00 The company said, "Net interest revenue totaled $162.6M for Q1 compared to $166.2M last quarter. Net interest margin was 2.71% for Q1 and 2.74% for last quarter. Fees and commissions revenue totaled $140.9M for Q1, compared to $142.4M last quarter. Operating expenses were $185.1M for Q1, a decrease of $30.3M compared to the previous quarter. Personnel expense decreased $21.2M The company reversed $15.5M accrued in 2011 through 2013 for amounts payable to certain executive officers under the 2011 True-Up Plan. Non-personnel expense decreased $9.1M. No provision for credit losses was recorded in Q1 compared to an $11.4M negative provision for credit losses last quarter. BOK Financial had a net recovery of $2.5M for Q1 compared to a net recovery of $3M in the previous quarter."