BOK FINANCIAL CORP BOKF
Developments relating to individual aspects of the business of BOK Financial are described below. Additional discussion of the Company's activities during the current year appears within Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations."
BOK Financial is a financial holding company incorporated in the state of Oklahoma in 1990 whose activities are governed by the BHCA, as amended by the Financial Services Modernization Act or Gramm-Leach-Bliley Act and the Dodd-Frank Act. BOK Financial offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. At December 31, 2025, the Company reported total consolidated assets of $52 billion.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.64B | $2.34B | $1.39B | $1.18B | $1.27B | $1.53B | $1.23B | $972.8M | $829.1M |
| Interest expense | $1.33B | $1.21B | $1.27B | $1.21B | $61.9M | $160.6M | $419.1M | $243.6M | $131.1M | $81.9M |
| Pre-tax income | $740.6M | $666.6M | $683.2M | $660.2M | $796.1M | $563.9M | $630.9M | $565.5M | $518.3M | $338.7M |
| Income tax | $162.6M | $143.1M | $152.1M | $139.9M | $179.8M | $128.8M | $130.2M | $119.1M | $182.6M | $106.4M |
| Net income | $578.0M | $523.6M | $530.7M | $520.3M | $618.1M | $435.0M | $500.8M | $445.6M | $334.6M | $232.7M |
| EPS, basic | 9.17 | 8.14 | 8.02 | 7.68 | 8.95 | 6.19 | 7.03 | 6.63 | 5.11 | 3.53 |
| EPS, diluted | 9.17 | 8.14 | 8.02 | 7.68 | 8.95 | 6.19 | 7.03 | 6.63 | 5.11 | 3.53 |
| Shares, diluted (wtd. avg.) | $62.6M | $63.7M | $65.7M | $67.2M | $68.6M | $69.8M | $70.8M | $66.7M | $64.8M | $65.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.66B | $1.43B | $1.35B | $1.40B | $2.84B | $1.18B | $1.26B | $1.14B | $2.32B | $2.54B |
| Property, plant and equipment | $638.9M | $634.5M | $622.2M | $565.2M | $574.1M | $551.3M | $535.5M | $330.0M | $317.3M | $325.8M |
| Goodwill | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.05B | $1.05B | $1.05B | $447.4M | $448.9M |
| Other intangibles | $34.8M | $46.8M | $60.0M | $76.1M | $91.8M | $113.4M | $125.3M | $134.8M | $28.7M | $46.9M |
| Total assets | $52.24B | $49.69B | $49.82B | $47.79B | $50.25B | $46.67B | $42.17B | $38.02B | $32.27B | $32.77B |
| Long-term debt | $4.63B | $4.45B | $8.96B | $7.14B | $2.49B | $3.82B | $8.62B | $7.42B | $5.85B | $5.72B |
| Total liabilities | $46.32B | $44.13B | $44.68B | $43.10B | $44.88B | $41.38B | $37.31B | $33.58B | $28.75B | $29.47B |
| Retained earnings | $6.02B | $5.59B | $5.21B | $4.82B | $4.45B | $3.97B | $3.73B | $3.37B | $3.05B | $2.82B |
| Total equity | $5.92B | $5.55B | $5.15B | $4.69B | $5.37B | $5.29B | $4.86B | $4.44B | $3.52B | $3.31B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $739.6M | $1.43B | $66.2M | $5.12B | -$3.69B | -$416.3M | -$473.7M | -$552.0M | $214.9M | -$91.9M |
| Depreciation and amortisation | $110.2M | $105.3M | $109.9M | $107.6M | $102.5M | $99.0M | $95.4M | $60.8M | $54.5M | $47.0M |
| Stock-based compensation | $22.7M | $22.9M | $16.4M | $11.6M | $9.8M | $16.4M | $15.5M | $4.2M | $23.6M | $10.5M |
| Capital expenditure | $164.4M | $171.6M | $165.9M | $215.0M | $204.3M | $141.1M | $384.6M | $345.1M | $250.8M | $199.8M |
| Investing cash flow | -$1.52B | -$477.2M | -$1.79B | -$4.60B | $2.60B | -$2.46B | -$2.32B | -$1.81B | $739.6M | -$286.0M |
| Financing cash flow | $1.01B | -$866.8M | $1.67B | -$1.95B | $2.75B | $2.80B | $2.91B | $1.19B | -$1.17B | $271.9M |
| Dividends paid | $147.5M | $143.0M | $143.4M | $143.8M | $144.1M | $144.4M | $143.5M | $127.2M | $116.0M | $113.5M |
| Buybacks | $413.2M | $89.9M | $176.8M | $154.9M | $117.9M | $75.8M | $129.5M | $53.5M | $7.4M | $66.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000875357-26-000013.
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