Bok Financial Corp
BOKF Nasdaq National Commercial Banks Financials FY2016–FY2025
Last close · Oct 23, 2026
$128.61
0.4%
Revenue
Total sales reported in the income statement.
$2.2B
6.1%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
65.9%
0.7 pts
Net income
Profit after all expenses, interest and tax.
$578M
10.4%
Return on equity
Net income as a share of average shareholders' equity.
10.1%
0.3 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
$7.7B
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
12.1x
On $10.62 EPS (TTM)
What Bok Financial Corp does
No business description yet.
- Legal name
- BOK FINANCIAL CORP
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Accession · CIK
- 0000875357-26-000013
0000875357
Revenue and margins
Bok Financial Corp had $2.2B of revenue in fiscal 2025, up 6.1% on the year before.
FY16
Revenue $1.4B
FY17
Revenue $1.5B
FY18
Revenue $1.6B
FY19
Revenue $1.8B
FY20
Revenue $2.0B
FY21
Revenue $1.9B
FY22
Revenue $1.9B
FY23
Revenue $2.1B
FY24
Revenue $2.1B
FY25
Revenue $2.2B
Q3 '23
Revenue $499M
Q4 '23
Revenue $502M
Q1 '24
Revenue $455M
Q2 '24
Revenue $556M
Q3 '24
Revenue $516M
Q4 '24
Revenue $523M
Q1 '25
Revenue $502M
Q2 '25
Revenue $535M
Q3 '25
Revenue $548M
Q4 '25
Revenue $590M
Q1 '26
Revenue $554M
Q2 '26
Revenue $589M
FY16
Net interest share 52.6%
Efficiency ratio 71.6%
FY17
Net interest share 54.8%
Efficiency ratio 66.7%
FY18
Net interest share 61.5%
Efficiency ratio 64.2%
FY19
Net interest share 61.5%
Efficiency ratio 62.7%
FY20
Net interest share 56.8%
Efficiency ratio 59.7%
FY21
Net interest share 59.7%
Efficiency ratio 62.9%
FY22
Net interest share 65.3%
Efficiency ratio 62.8%
FY23
Net interest share 61.7%
Efficiency ratio 64.6%
FY24
Net interest share 59.0%
Efficiency ratio 66.6%
FY25
Net interest share 61.0%
Efficiency ratio 65.9%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 60.3%
Efficiency ratio 65.0%
Q4 '23
Net interest share 59.2%
Efficiency ratio 76.6%
Q1 '24
Net interest share 64.5%
Efficiency ratio 74.8%
Q2 '24
Net interest share 53.3%
Efficiency ratio 60.6%
Q3 '24
Net interest share 59.7%
Efficiency ratio 66.1%
Q4 '24
Net interest share 59.8%
Efficiency ratio 66.5%
Q1 '25
Net interest share 63.0%
Efficiency ratio 69.2%
Q2 '25
Net interest share 61.3%
Efficiency ratio 66.2%
Q3 '25
Net interest share 61.6%
Efficiency ratio 67.4%
Q4 '25
Net interest share 58.6%
Efficiency ratio 61.2%
Q1 '26
Net interest share 61.9%
Efficiency ratio 63.9%
Q2 '26
Net interest share 59.7%
Efficiency ratio 61.4%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 11.2% a year. Loss periods are shown in red.
FY16
Net income $233M
FY17
Net income $335M
FY18
Net income $446M
FY19
Net income $501M
FY20
Net income $435M
FY21
Net income $618M
FY22
Net income $520M
FY23
Net income $531M
FY24
Net income $524M
FY25
Net income $578M
Q3 '23
Net income $134M
Q4 '23
Net income $82.6M
Q1 '24
Net income $83.7M
Q2 '24
Net income $164M
Q3 '24
Net income $140M
Q4 '24
Net income $136M
Q1 '25
Net income $120M
Q2 '25
Net income $140M
Q3 '25
Net income $141M
Q4 '25
Net income $177M
Q1 '26
Net income $156M
Q2 '26
Net income $177M
FY16
Diluted EPS $3.53
FY17
Diluted EPS $5.11
FY18
Diluted EPS $6.63
FY19
Diluted EPS $7.03
FY20
Diluted EPS $6.19
FY21
Diluted EPS $8.95
FY22
Diluted EPS $7.68
FY23
Diluted EPS $8.02
FY24
Diluted EPS $8.14
FY25
Diluted EPS $9.17
Q3 '23
Diluted EPS $2.04
Q4 '23
Diluted EPS $1.28
Q1 '24
Diluted EPS $1.29
Q2 '24
Diluted EPS $2.54
Q3 '24
Diluted EPS $2.18
Q4 '24
Diluted EPS $2.13
Q1 '25
Diluted EPS $1.86
Q2 '25
Diluted EPS $2.19
Q3 '25
Diluted EPS $2.22
Q4 '25
Diluted EPS $2.90
Q1 '26
Diluted EPS $2.58
Q2 '26
Diluted EPS $2.92
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 7.1%
ROTE 8.3%
Efficiency ratio 71.6%
FY17
ROE 9.9%
ROTE 11.0%
Efficiency ratio 66.7%
FY18
ROE 11.2%
ROTE 13.6%
Efficiency ratio 64.2%
FY19
ROE 10.8%
ROTE 13.5%
Efficiency ratio 62.7%
FY20
ROE 8.6%
ROTE 10.5%
Efficiency ratio 59.7%
FY21
ROE 11.6%
ROTE 14.5%
Efficiency ratio 62.9%
FY22
ROE 10.4%
ROTE 14.5%
Efficiency ratio 62.8%
FY23
ROE 10.8%
ROTE 13.0%
Efficiency ratio 64.6%
FY24
ROE 9.8%
ROTE 11.6%
Efficiency ratio 66.6%
FY25
ROE 10.1%
ROTE 11.9%
Efficiency ratio 65.9%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Bok Financial Corp returned $561M to shareholders in fiscal 2025, 97% of free cash flow. The diluted share count fell 1.8%.
FY16
Dividends $113M
Buybacks $66.8M
FY17
Dividends $116M
Buybacks $7.4M
FY18
Dividends $127M
Buybacks $53.5M
FY19
Dividends $143M
Buybacks $129M
FY20
Dividends $144M
Buybacks $75.8M
FY21
Dividends $144M
Buybacks $118M
FY22
Dividends $144M
Buybacks $155M
FY23
Dividends $143M
Buybacks $177M
FY24
Dividends $143M
Buybacks $89.9M
FY25
Dividends $148M
Buybacks $413M
Dividends
Buybacks
Q3 '23
Dividends $35.6M
Buybacks $59.5M
Q4 '23
Dividends $35.7M
Buybacks $50.2M
Q1 '24
Dividends $35.6M
Buybacks $52.2M
Q2 '24
Dividends $35.4M
Buybacks $37.6M
Q3 '24
Dividends $35.1M
Buybacks $0.0M
Q4 '24
Dividends $36.9M
Buybacks $0.1M
Q1 '25
Dividends $36.5M
Buybacks $1.0M
Q2 '25
Dividends $36.5M
Buybacks $62.8M
Q3 '25
Dividends $36.3M
Buybacks $41.0M
Q4 '25
Dividends $38.2M
Buybacks $308M
Q1 '26
Dividends $37.6M
Buybacks $0.0M
Q2 '26
Dividends $38.2M
Buybacks $8.2M
Dividends
Buybacks
FY16
Diluted shares 0.07B
FY17
Diluted shares 0.06B
FY18
Diluted shares 0.07B
FY19
Diluted shares 0.07B
FY20
Diluted shares 0.07B
FY21
Diluted shares 0.07B
FY22
Diluted shares 0.07B
FY23
Diluted shares 0.07B
FY24
Diluted shares 0.06B
FY25
Diluted shares 0.06B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $16.7B
Deposits $22.7B
FY17
Loans $16.9B
Deposits $22.1B
FY18
Loans $21.4B
Deposits $25.3B
FY19
Loans $21.5B
Deposits $27.6B
FY20
Loans $22.6B
Deposits $36.1B
FY21
Loans $19.9B
Deposits $41.2B
FY22
Loans $22.3B
Deposits $34.5B
FY23
Loans $23.6B
Deposits $34.0B
FY24
Loans $23.8B
Deposits $38.2B
FY25
Loans $25.4B
Deposits $39.4B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $19.9B | $22.3B | $23.6B | $23.8B | $25.4B |
| Deposits | $41.2B | $34.5B | $34.0B | $38.2B | $39.4B |
| Loans / deposits | 48.4% | 64.7% | 69.5% | 62.4% | 64.3% |
| Total assets | $50.2B | $47.8B | $49.8B | $49.7B | $52.2B |
| Shareholders' equity | $5.4B | $4.7B | $5.1B | $5.5B | $5.9B |
| Goodwill | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B |
| Intangible assets | $91.8M | $76.1M | $60.0M | $46.8M | $34.8M |
| Provision / loans | −0.5% | 0.1% | 0.2% | 0.1% | 0.0% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
Amounts in USD. Hover a ratio’s name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.4B | $1.5B | $1.6B | $1.8B | $2.0B | $1.9B | $1.9B | $2.1B | $2.1B | $2.2B |
| Net interest income | $747M | $842M | $985M | $1.1B | $1.1B | $1.1B | $1.2B | $1.3B | $1.2B | $1.3B |
| Noninterest income | $674M | $695M | $617M | $695M | $842M | $756M | $643M | $790M | $840M | $848M |
| Noninterest expense | $1.0B | $1.0B | $1.0B | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B | $1.4B | $1.4B |
| Provision for credit losses | $65.0M | −$7.0M | $8.0M | $44.0M | $223M | −$100M | $30.0M | $46.0M | $18.0M | $2.0M |
| Interest expense | $81.9M | $131M | $244M | $419M | $161M | $61.9M | $181M | $1.1B | — | — |
| Pretax income | $339M | $518M | $565M | $631M | $564M | $796M | $660M | $683M | $667M | $741M |
| Income tax | $106M | $183M | $119M | $130M | $129M | $180M | $140M | $152M | $143M | $163M |
| Net income | $233M | $335M | $446M | $501M | $435M | $618M | $520M | $531M | $524M | $578M |
| Net income to common | $230M | $331M | $442M | $498M | $432M | $614M | $516M | $526M | $519M | $574M |
| Diluted EPS | $3.53 | $5.11 | $6.63 | $7.03 | $6.19 | $8.95 | $7.68 | $8.02 | $8.14 | $9.17 |
| Diluted shares | 0.07B | 0.06B | 0.07B | 0.07B | 0.07B | 0.07B | 0.07B | 0.07B | 0.06B | 0.06B |
| Cash flow | ||||||||||
| Cash from operations | −$91.9M | $215M | −$552M | −$474M | −$416M | −$3.7B | $5.1B | $66.2M | $1.4B | $740M |
| Capital expenditure | $200M | $251M | $345M | $385M | $141M | $204M | $215M | $166M | $172M | $164M |
| Free cash flow | −$292M | −$35.9M | −$897M | −$858M | −$557M | −$3.9B | $4.9B | −$99.7M | $1.3B | $575M |
| Depreciation and amortization | $47.0M | $54.5M | $60.8M | $95.4M | $99.0M | $102M | $108M | $110M | $105M | $110M |
| Stock-based compensation | $10.5M | $23.6M | $4.2M | $15.5M | $16.4M | $9.8M | $11.6M | $16.4M | $22.9M | $22.7M |
| Acquisitions | −$56.0M | $0.0M | $176M | $0.0M | $0.0M | — | — | — | — | — |
| Share buybacks | $66.8M | $7.4M | $53.5M | $129M | $75.8M | $118M | $155M | $177M | $89.9M | $413M |
| Dividends paid | $113M | $116M | $127M | $143M | $144M | $144M | $144M | $143M | $143M | $148M |
| Dividends and buybacks | $180M | $123M | $181M | $273M | $220M | $262M | $299M | $320M | $233M | $561M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $2.5B | $2.3B | $1.1B | $1.3B | $1.2B | $2.8B | $1.4B | $1.3B | $1.4B | $1.7B |
| Total debt | $5.7B | $5.9B | $7.4B | $8.6B | $3.8B | $2.5B | $7.1B | $9.0B | $4.5B | $4.6B |
| Loans, net | $16.7B | $16.9B | $21.4B | $21.5B | $22.6B | $19.9B | $22.3B | $23.6B | $23.8B | $25.4B |
| Deposits | $22.7B | $22.1B | $25.3B | $27.6B | $36.1B | $41.2B | $34.5B | $34.0B | $38.2B | $39.4B |
| Property and equipment, net | $326M | $317M | $330M | $536M | $551M | $574M | $565M | $622M | $634M | $639M |
| Goodwill | $449M | $447M | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B |
| Intangible assets | $46.9M | $28.7M | $135M | $125M | $113M | $91.8M | $76.1M | $60.0M | $46.8M | $34.8M |
| Total assets | $32.8B | $32.3B | $38.0B | $42.2B | $46.7B | $50.2B | $47.8B | $49.8B | $49.7B | $52.2B |
| Total liabilities | $29.5B | $28.8B | $33.6B | $37.3B | $41.4B | $44.9B | $43.1B | $44.7B | $44.1B | $46.3B |
| Shareholders' equity | $3.3B | $3.5B | $4.4B | $4.9B | $5.3B | $5.4B | $4.7B | $5.1B | $5.5B | $5.9B |
| Margins | ||||||||||
| Net margin | 16.4% | 21.8% | 27.8% | 27.7% | 22.3% | 33.0% | 28.1% | 25.7% | 25.5% | 26.6% |
| FCF margin | −20.5% | −2.3% | −56.0% | −47.5% | −28.6% | −208.0% | 264.6% | −4.8% | 61.4% | 26.4% |
| Net interest share of revenue | 52.6% | 54.8% | 61.5% | 61.5% | 56.8% | 59.7% | 65.3% | 61.7% | 59.0% | 61.0% |
| Efficiency ratio | 71.6% | 66.7% | 64.2% | 62.7% | 59.7% | 62.9% | 62.8% | 64.6% | 66.6% | 65.9% |
| Returns | ||||||||||
| Return on equity | 7.1% | 9.9% | 11.2% | 10.8% | 8.6% | 11.6% | 10.4% | 10.8% | 9.8% | 10.1% |
| Return on assets | 0.7% | 1.0% | 1.3% | 1.2% | 1.0% | 1.3% | 1.1% | 1.1% | 1.1% | 1.1% |
| Return on tangible equity | 8.3% | 11.0% | 13.6% | 13.5% | 10.5% | 14.5% | 14.5% | 13.0% | 11.6% | 11.9% |
| Growth | ||||||||||
| Revenue growth | — | 8.1% | 4.2% | 12.9% | 7.9% | −3.9% | −1.0% | 11.2% | −0.6% | 6.1% |
| Net income growth | — | 43.8% | 33.2% | 12.4% | −13.1% | 42.1% | −15.8% | 2.0% | −1.4% | 10.4% |
| EPS growth | — | 44.8% | 29.7% | 6.0% | −11.9% | 44.6% | −14.2% | 4.4% | 1.5% | 12.7% |
| FCF growth | — | — | — | — | — | — | — | −102.0% | — | −54.3% |
| Share count change | — | −0.5% | 2.9% | 6.2% | −1.4% | −1.8% | −2.0% | −2.3% | −2.9% | −1.8% |
| Financial health | ||||||||||
| Debt / equity | 1.7x | 1.7x | 1.7x | 1.8x | 0.7x | 0.5x | 1.5x | 1.7x | 0.8x | 0.8x |
| Loans / deposits | 73.6% | 76.7% | 84.9% | 78.0% | 62.6% | 48.4% | 64.7% | 69.5% | 62.4% | 64.3% |
| Provision / loans | 0.4% | −0.0% | 0.0% | 0.2% | 1.0% | −0.5% | 0.1% | 0.2% | 0.1% | 0.0% |
| Capital allocation | ||||||||||
| Capex / revenue | 14.1% | 16.3% | 21.5% | 21.3% | 7.2% | 10.9% | 11.6% | 8.0% | 8.4% | 7.6% |
| Stock comp / revenue | 0.7% | 1.5% | 0.3% | 0.9% | 0.8% | 0.5% | 0.6% | 0.8% | 1.1% | 1.0% |
| Payouts / FCF | — | — | — | — | — | — | 6.1% | — | 18.5% | 97.5% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 5.0 | 2.0 | 3.0 | 3.0 | 4.0 | 5.0 | 4.0 | 5.0 | 7.0 |
| Accruals ratio | 1.0% | 0.4% | 2.8% | 2.4% | 1.9% | 8.9% | −9.4% | 1.0% | −1.8% | −0.3% |
Source: SEC EDGAR XBRL filings (CIK 0000875357). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.