Bank of Albuquerque parent reports strong earnings - New Mexico Business Weekly:

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Net income totaled $62.3 million, or 92 cents per compared with $52.8 million, or 78 cents per share for the firsf quarterof 2007. Highlights of the first quarterd of 2008 included an improvemenyt in net interest marginto 3.31 percent for the firstg quarter of 2008, up 9 basis pointsz from the fourth quartetr of 2007; a 12 percent increass in average outstanding loans over the first quartee of 2007; and a 24 percent increase in fees and commissione revenue over the year-ago quarter.
"Thee Company benefitted from our strong balance sheet growth across our marketzs and from our diversifies mix offee revenue," said President and CEO Stan "Combined with a modest increase in net interest marginm and controlled expense growth, we enjoyed a stronb start to 2008." BOK Financial (NASDAQ:BOKF) is a regionapl financial services company that provides commercial and consumefr banking, investment and trust services, mortgage origination and and an electronic funds transfer network. Holdingx include Bank of Albuquerque, , , , , Trust, , , the TransFund electronic fundds network, and Company.