Oklahoma business briefs for May 1

Oklahoma business briefs for May 1, 2014
Oklahoman Published: May 1, 2014
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Oklahoma briefs

Hospital leader joins board

Kelley Brewer, president of Lakeside Women’s Hospital, will serve on the Women’s Choice Award Healthcare Advisory Board. The group is comprised of executive level health care professionals around the country who have deep expertise in health care issues and patient experience.“I look forward to representing Oklahoma women and offering my advice for the betterment of women’s health care throughout our nation,” Brewer said.

EARNINGS

BOK Financial Corp.

BOK Financial Corp., parent of Bank of Oklahoma, reported a first-quarter profit of $76.6 million, or $1.11 per share. That compared to net income of $88 million, or $1.28 per share, in the same period last year. CEO Steven G. Bradshaw described the first quarter as “solid.” “Sustained loan growth, sequential revenue growth from key fee-generating lines of business, and careful expense controls led to a strong bottom line,” Bradshaw said. “Credit quality remains pristine with net recoveries in the quarter, and our capital base remains at industry-leading levels.” BOKF, which also operates banks in six states outside Oklahoma, closed its acquisition of GTRUST Financial Corp. and announced the purchase of MBM Advisors during the quarter.

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