NASDAQ : BOKF
BOK Financial Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 132.37 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 8.04B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 1.65B | 1.63B | 1.77B | 1.63B | 982.68M | 774.82M |
| Interest Income on Investments | 900.85M | 900.85M | 870.63M | 707.50M | 409.42M | 405.11M |
| Total Interest Income | 2.55B | 2.53B | 2.64B | 2.34B | 1.39B | 1.18B |
| Interest Paid on Deposits | 889.43M | 955.77M | 1.03B | 626.60M | 121.75M | 33.48M |
| Interest Paid on Borrowings | 248.15M | 248.15M | 399.98M | 443.69M | 58.97M | 28.41M |
| Total Interest Expense | 1.14B | 1.20B | 1.43B | 1.07B | 180.72M | 61.90M |
| Net Interest Income | 1.41B | 1.33B | 1.21B | 1.27B | 1.21B | 1.12B |
| Trust Income | 275.70M | 257.16M | 230.86M | 207.32M | 196.33M | 178.27M |
| Mortgage Banking Activities | 75.70M | 77.58M | 74.11M | 55.70M | 49.37M | 105.90M |
| Gain (Loss) on Sale of Investments | 29.33M | 39.48M | 19.22M | -34.93M | -21.33M | 1.47M |
| Other Non-Interest Income | 373.10M | 349.33M | 396.71M | 453.35M | 308.26M | 365.92M |
| Total Non-Interest Income | 885.55M | 849.09M | 839.64M | 789.95M | 643.26M | 755.77M |
| Revenues Before Loan Losses | 2.30B | 2.18B | 2.05B | 2.06B | 1.85B | 1.87B |
| Provision for Loan Losses | 2.00M | 18.00M | 46.00M | 30.00M | -100.00M | |
| Revenue | 2.30B | 2.17B | 2.03B | 2.02B | 1.82B | 1.97B |
| Salaries and Employee Benefits | 838.54M | 855.27M | 788.36M | 750.26M | 659.35M | 682.14M |
| Occupancy Expenses | 91.57M | 89.96M | 83.12M | 80.61M | 79.31M | 72.79M |
| Federal Deposit Insurance | 24.30M | 26.41M | 31.11M | 30.78M | 17.99M | 15.88M |
| Amortization of Goodwill & Intangibles | 9.80M | 10.62M | 11.61M | 13.88M | 15.69M | 18.31M |
| Selling, General & Administrative | 390.95M | 380.09M | 354.64M | 340.96M | 313.66M | 282.07M |
| Other Non-Interest Expense | 91.88M | 81.20M | 77.79M | 69.90M | 75.97M | 97.52M |
| Total Non-Interest Expense | 1.45B | 1.44B | 1.36B | 1.29B | 1.16B | 1.18B |
| EBT Excluding Unusual Items | 848.15M | 730.89M | 672.16M | 727.02M | 660.16M | 796.10M |
| Other Unusual Items | 8.52M | 9.73M | -5.52M | -43.77M | ||
| Pretax Income | 856.67M | 740.62M | 666.64M | 683.25M | 660.16M | 796.10M |
| Income Tax Expense | 187.23M | 162.64M | 143.09M | 152.12M | 139.86M | 179.78M |
| Earnings From Continuing Operations | 669.44M | 577.98M | 523.55M | 531.13M | 520.29M | 616.33M |
| Minority Interest in Earnings | 16.00K | 12.00K | 16.00K | -387.00K | -20.00K | 1.80M |
| Net Income | 669.46M | 577.99M | 523.57M | 530.75M | 520.27M | 618.12M |
| Preferred Dividends & Other Adjustments | 4.01M | 4.01M | 4.99M | 4.25M | 3.80M | 4.30M |
| Net Income to Common | 665.45M | 573.98M | 518.58M | 526.49M | 516.47M | 613.82M |
| Basic Shares Outstanding | 60.28M | 62.62M | 63.75M | 65.65M | 67.21M | 68.59M |
| Diluted Shares Outstanding | 60.28M | 62.62M | 63.75M | 65.65M | 67.21M | 68.59M |
| EPS (Basic) | 11.04 | 9.17 | 8.14 | 8.02 | 7.68 | 8.95 |
| EPS (Diluted) | 11.04 | 9.17 | 8.14 | 8.02 | 7.68 | 8.95 |
| Dividend Per Share | 0.63 | 2.40 | 2.24 | 2.18 | 2.14 | 2.10 |
| Effective Tax Rate | 21.86% | 21.96% | 21.46% | 22.26% | 21.19% | 22.58% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.27B | 1.66B | 1.43B | 1.35B | 1.40B | 2.84B |
| Investment Securities | 859.87M | 710.48M | 347.74M | 640.72M | 809.29M | 713.34M |
| Trading Asset Securities | 4.92B | 5.69B | 5.14B | 5.60B | 5.34B | 10.23B |
| Mortgage-Backed Securities | 14.59B | 15.20B | 14.54B | 13.91B | 13.49B | 12.70B |
| Total Investments | 20.38B | 21.61B | 20.03B | 20.16B | 19.65B | 23.65B |
| Gross Loans | 27.73B | 25.65B | 24.11B | 23.90B | 22.56B | 20.21B |
| Allowance for Loan Losses | -272.56M | -275.86M | -280.04M | -277.12M | -235.70M | -256.42M |
| Net Loans | 27.46B | 25.38B | 23.83B | 23.63B | 22.32B | 19.95B |
| Property, Plant & Equipment | 612.26M | 638.94M | 634.49M | 622.22M | 565.17M | 574.15M |
| Goodwill | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B |
| Other Intangible Assets | 15.96M | 34.75M | 46.79M | 59.98M | 76.13M | 91.78M |
| Loans Held for Sale | 82.88M | 94.63M | 77.56M | 56.94M | 75.27M | 192.29M |
| Other Receivables | 1.05B | 355.01M | 285.92M | 709.83M | 304.82M | 279.19M |
| Other Real Estate Owned & Foreclosed | 303.00K | 176.00K | 2.25M | 2.88M | 177.84M | 24.59M |
| Other Long-Term Assets | 2.17B | 1.43B | 2.30B | 2.20B | 2.17B | 1.61B |
| Total Assets | 54.08B | 52.24B | 49.69B | 49.82B | 47.79B | 50.25B |
| Interest Bearing Deposits | 31.69B | 30.46B | 28.86B | 24.36B | 20.62B | 25.07B |
| Institutional Deposits | 891.00M | 956.00M | 465.00M | 470.00M | 828.00M | |
| Non-Interest Bearing Deposits | 7.84B | 8.08B | 8.37B | 9.20B | 13.40B | 15.34B |
| Total Deposits | 39.53B | 39.44B | 38.19B | 34.02B | 34.48B | 41.24B |
| Short-Term Borrowings | 2.36B | 1.92B | 1.55B | 1.72B | 2.84B | 2.61B |
| Current Portion of Leases | 34.49M | |||||
| Accrued Interest Payable | 309.23M | 382.81M | 352.35M | 339.00M | 296.87M | 273.04M |
| Other Current Liabilities | 1.33B | 991.07M | 405.49M | 254.06M | 147.47M | 160.69M |
| Long-Term Debt | 4.17B | 408.31M | 143.69M | 146.04M | 157.50M | 160.56M |
| Federal Home Loan Bank Debt, Long-Term | 2.70B | 3.00B | 7.67B | 4.70B | ||
| Long-Term Leases | 193.62M | |||||
| Other Long-Term Liabilities | 467.11M | 248.00M | 494.11M | 523.73M | 484.85M | 435.22M |
| Total Liabilities | 48.16B | 46.32B | 44.13B | 44.68B | 43.10B | 44.88B |
| Common Stock | 6.46B | 5.00K | 5.00K | 5.00K | 5.00K | 5.00K |
| Additional Paid-In Capital | 1.43B | 1.43B | 1.41B | 1.39B | 1.38B | |
| Retained Earnings | 6.02B | 5.59B | 5.21B | 4.82B | 4.45B | |
| Treasury Stock | -1.37B | -970.34M | -876.72M | -694.96M | -535.13M | |
| Comprehensive Income & Other | -544.45M | -166.17M | -503.04M | -599.10M | -836.96M | 72.37M |
| Total Common Equity | 5.91B | 5.92B | 5.55B | 5.14B | 4.68B | 5.36B |
| Minority Interest | 561.00K | 2.03M | 2.60M | 2.98M | 4.71M | 4.64M |
| Shareholders' Equity | 5.92B | 5.92B | 5.55B | 5.15B | 4.69B | 5.37B |
| Total Liabilities & Equity | 54.08B | 52.24B | 49.69B | 49.82B | 47.79B | 50.25B |
| Total Debt | 6.52B | 5.26B | 4.69B | 9.54B | 7.69B | 2.77B |
| Net Cash (Debt) | -338.27M | 2.09B | 1.88B | -2.59B | -947.17M | 10.30B |
| Net Cash Per Share | -5.61 | 33.40 | 29.57 | -39.46 | -14.09 | 150.18 |
| Filing Date Shares Outstanding | 60.76M | 60.70M | 64.23M | 65.06M | 66.97M | 68.32M |
| Total Common Shares Outstanding | 60.76M | 60.62M | 64.12M | 64.97M | 66.96M | 68.47M |
| Book Value Per Share | 97.34 | 97.63 | 86.53 | 79.15 | 69.93 | 78.34 |
| Tangible Book Value | 4.85B | 4.84B | 4.46B | 4.04B | 3.56B | 4.23B |
| Tangible Book Value Per Share | 79.89 | 79.83 | 69.51 | 62.15 | 53.19 | 61.74 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 577.99M | 523.57M | 530.75M | 520.27M | 618.12M | |
| Depreciation & Amortization | 110.21M | 105.31M | 109.89M | 107.56M | 102.47M | |
| Gain (Loss) on Sale of Investments | -8.31M | -252.21M | 86.97M | -42.15M | -18.95M | |
| Provision for Credit Losses | 2.00M | 18.00M | 46.00M | 30.00M | -100.00M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -8.40M | -11.89M | 13.00M | 115.19M | 120.73M | |
| Change in Trading Asset Securities | -577.96M | 297.20M | -453.34M | 4.42B | -4.36B | |
| Change in Other Net Operating Assets | 600.13M | 724.24M | -306.62M | 29.74M | 39.51M | |
| Other Operating Activities | 30.02M | 10.99M | 18.70M | -66.72M | -35.80M | |
| Operating Cash Flow | 739.62M | 1.43B | 66.18M | 5.12B | -3.69B | |
| Capital Expenditures | -164.39M | -171.59M | -165.92M | -215.05M | -204.29M | |
| Sale of Property, Plant and Equipment | 68.28M | 25.15M | 39.71M | 60.77M | 165.04M | |
| Investment in Securities | -69.37M | -265.05M | -292.80M | -1.89B | -450.37M | |
| Divestitures | 32.60M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -1.49B | -195.62M | -1.35B | -2.35B | 2.85B | |
| Other Investing Activities | 138.37M | 129.88M | -54.96M | -214.01M | 238.97M | |
| Investing Cash Flow | -1.52B | -477.23M | -1.79B | -4.60B | 2.60B | |
| Long-Term Debt Issued | 396.57M | 1.80B | 4.61B | |||
| Long-Term Debt Repaid | -265.85M | -4.53B | -1.42B | |||
| Net Debt Issued (Repaid) | 130.72M | -4.53B | 1.80B | 4.61B | -1.42B | |
| Issuance of Common Stock | 37.00K | 973.00K | ||||
| Repurchase of Common Stock | -419.77M | -93.62M | -181.76M | -159.83M | -123.78M | |
| Common Dividends Paid | -147.50M | -142.98M | -143.40M | -143.80M | -144.10M | |
| Net Increase (Decrease) in Deposit Accounts | 1.24B | 4.17B | -461.00M | -6.76B | 5.10B | |
| Other Financing Activities | 198.30M | -274.83M | 655.24M | 500.45M | -665.28M | |
| Financing Cash Flow | 1.01B | -866.79M | 1.67B | -1.95B | 2.75B | |
| Net Cash Flow | 223.40M | 86.44M | -53.45M | -1.44B | 1.66B | |
| Free Cash Flow | 575.23M | 1.26B | -99.73M | 4.91B | -3.90B | |
| Free Cash Flow Margin | 26.45% | 61.94% | -4.95% | 268.94% | -197.43% | |
| Free Cash Flow Per Share | 9.19 | 19.75 | -1.52 | 73.01 | -56.81 | |
| Cash Interest Paid | 1.21B | 1.43B | 1.04B | 176.08M | 68.78M | |
| Cash Income Tax Paid | 94.23M | 100.51M | 173.92M | 79.53M | 135.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.91B | 7.49B | 6.83B | 5.62B | 6.98B | 7.24B |
| Last Close Price | 130.22 | 116.82 | 102.68 | 80.73 | 95.26 | 94.70 |
| PE Ratio | 11.80 | 13.05 | 13.16 | 10.68 | 13.52 | 11.79 |
| PS Ratio | 3.45 | 3.45 | 3.36 | 2.79 | 3.83 | 3.67 |
| PB Ratio | 1.34 | 1.26 | 1.23 | 1.09 | 1.49 | 1.35 |
| P/FCF Ratio | 5.93 | 13.03 | 5.42 | 1.42 | ||
| P/OCF Ratio | 5.26 | 10.13 | 4.77 | 84.98 | 1.36 | |
| Debt / Equity Ratio | 1.10 | 0.89 | 0.84 | 1.85 | 1.64 | 0.52 |
| Debt / FCF Ratio | 9.14 | 3.73 | 1.57 | |||
| Net Debt / Equity Ratio | 0.06 | -0.35 | -0.34 | 0.50 | 0.20 | -1.92 |
| Net Debt / FCF Ratio | -3.64 | -1.50 | -25.98 | 0.19 | 2.64 | |
| Return on Equity (ROE) | 11.21% | 10.08% | 9.79% | 10.80% | 10.35% | 11.56% |
| Return on Assets (ROA) | 1.28% | 1.13% | 1.05% | 1.09% | 1.06% | 1.27% |
| Earnings Yield | 8.48% | 7.71% | 7.67% | 9.44% | 7.45% | 8.54% |
| FCF Yield | 16.85% | 7.68% | 18.44% | -1.77% | 70.30% | -53.85% |
| Dividend Yield | 1.93% | 1.94% | 2.10% | 2.52% | 2.05% | 1.99% |
| Payout Ratio | 22.83% | 25.52% | 27.31% | 27.02% | 27.64% | 23.31% |
| Buyback Yield / Dilution | 4.73% | 1.76% | 2.90% | 2.32% | 2.01% | 1.79% |
| Total Shareholder Return | 6.66% | 3.70% | 5.01% | 4.84% | 4.07% | 3.78% |