UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission File No. 001-37811 BOK FINANCIAL CORP (Exact name of registrant as specified in its charter) Oklahoma 73-1373454 (State or ot ...

BOK Financial Corporation (BOKF) Q1 2025 Earnings Conference Call April 22, 2025 12:00 PM ET Company Participants Operator - Conference Call OperatorHeather King - Director of Investor RelationsStacey Kimes - CEOScott Brower - Executive Vice President of Wealth ManagementMarty Grunst - CFO Conference Call Participants Jared Shaw - Analyst, BarclaysJohn Armstrong - Analyst, RBC Capital MarketsPeter Winter - Analyst, DA DavidsonMichael Rose - Analyst, Raymond JamesWoody Lay - Analyst, KBWMatt Olney - Analyst, ...

BOK Financial (BOKF) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.46%. A quarter ago, it was expected that this Regional banking operator would post earnings of $1.97 per share when it actually produced earnings of $2.12, delivering a surprise of 7.61%.Over the last four quarter ...

Financial Performance - Net income for the first quarter of 2025 was $119.8 million, or $1.86 per diluted share, down from $136.2 million, or $2.12 per diluted share in the prior quarter[1]. - Net income attributable to BOK Financial Corporation shareholders rose to $119,777 thousand in Q1 2025, up 43% from $83,703 thousand in Q1 2024[45]. - Net income attributable to BOK Financial Corporation shareholders was $119,777,000, down from $136,154,000 in the previous quarter[49]. - Basic and diluted net income per share increased to $1.86 in Q1 2025, up from $1.29 in Q1 2024, representing a growth of 44.3%[45]. - Commercial Banking net income before taxes was $140.0 million, a decrease of $20.4 million from Q4 2024, with net interest income and fee revenue down by $22.9 million[36]. - Consumer Banking contributed $22.1 million to net income before taxes, a decrease of $1.5 million from the prior quarter, with average loans increasing by $59 million, or 3%[37]. - Wealth Management's net income before taxes was $32.7 million, down $16.2 million from Q4 2024, with average deposits increasing by $719 million, or 7%[38]. Revenue and Income Sources - Net interest income increased by $3.2 million to $316.3 million, with a net interest margin expanding to 2.78% from 2.75% in the previous quarter[1][3]. - Fees and commissions revenue decreased by $22.8 million to $184.1 million, primarily due to a $24.4 million drop in brokerage and trading revenue[1][7]. - Mortgage banking revenue increased by $1.7 million, supported by higher production as client demand begins to grow[9]. - Total other operating revenue for Q1 2025 was $186,041 thousand, an increase from $161,701 thousand in Q1 2024, marking a growth of 15.0%[45]. - Total other operating revenue decreased to $186,041 in Q1 2025 from $210,044 in Q4 2024, a decline of 11.43%[46]. Loan and Deposit Trends - Average outstanding loan balances rose by $44 million to $24.1 billion, driven by growth in commercial real estate loans and loans to individuals[1][4]. - Outstanding loans totaled $23.7 billion at March 31, 2025, a decrease of $424 million or 1.8% compared to December 31, 2024, primarily due to a decline in commercial loans[14]. - Total deposits increased to $38.3 billion at March 31, 2025, with interest-bearing transaction accounts increasing by $207 million[23]. - Period end deposits grew by $90 million to $38.3 billion, while average deposits increased by $540 million to $38.4 billion[1]. - The loan to deposit ratio was 62% at March 31, 2025, compared to 63% at December 31, 2024, indicating strong liquidity[22]. Asset Quality and Credit Risk - Nonperforming assets increased to $85 million, or 0.36% of outstanding loans, compared to $49 million, or 0.20%, at the end of the previous quarter[1]. - The allowance for loan losses to period-end loans was 1.18% in Q1 2025, slightly up from 1.17% in Q1 2024, showing a stable credit quality[62]. - The provision for credit losses was zero in Q1 2025, compared to $8,000 thousand in Q1 2024[45]. - Total nonaccruing loans increased to $83.520 million in Q1 2025, compared to $46.725 million in Q4 2024, marking an increase of 78.6%[61]. - The total provision for credit losses was reported as $0 in Q1 2025, down from $2 million in Q3 2024, suggesting improved credit conditions[61]. Capital and Equity - The tangible common equity ratio improved to 9.48% from 9.17% at the end of the previous quarter[1]. - The company's common equity Tier 1 capital ratio was 13.31% at March 31, 2025, up from 13.03% at December 31, 2024[25]. - Period end shareholders' equity increased to $5,771,813 in Q1 2025 from $5,548,353 in Q4 2024, an increase of 4.02%[47]. - Book value per share rose to $89.82 in Q1 2025, up from $86.53 in Q4 2024, an increase of 2.64%[47]. Market and Economic Conditions - The fair value of the available-for-sale securities portfolio increased by $251 million to $13.1 billion at March 31, 2025, with a net unrealized loss of $364 million[31]. - The trading securities portfolio totaled $5.9 billion at March 31, 2025, an increase from $4.9 billion at December 31, 2024[32]. - The total cost of interest-bearing liabilities decreased to 3.42% in Q1 2025 from 4.08% in Q1 2024, reflecting a year-over-year decline of 0.66%[60]. - The tax-equivalent net interest margin for BOK Financial Corporation increased to 2.78% in Q1 2025, up from 2.61% in Q1 2024, reflecting a year-over-year improvement of 0.17%[60].

As BOK Financial (NASDAQ: BOKF ) has the perception of being a lender with high exposure to the energy sector, I wanted to have a closer look at the bank and its balance sheet. AsHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Fe ...

Wall Street expects a year-over-year increase in earnings on higher revenues when BOK Financial (BOKF) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 21, 2025, might help the stock move higher if these key numbers are better than exp ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend y ...

BOK Financial Corporation (BOKF) is well-poised to grow organically, given its steady loan demand. Robust deposit balance and solid credit quality will continue to support its financials. However, the rise in expenses remains a concern for the company.Factors Aiding BOKFLoan & Deposits Growth: BOK Financial has been witnessing continuous loan growth on a diverse business model and an increase in loans to individuals. It has been focused on diversifying its loan portfolio to energy, healthcare and service le ...

Here are two stocks with buy rank and strong income characteristics for investors to consider today, February 25th:BOK Financial (BOKF) : This regional financial services company which provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.1%, compare ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission File No. 001-37811 BOK FINANCIAL CORP (Exact name of registrant as specified in its charter) OK 73-1373454 (State or other jurisdic ...