and overall mortgage market pressures • Period-end deposit balances increased $358 million this quarter Forecast & assumptions Balanced Interest Rate Risk Position Legal Disclaimers Non-GAAP Financial Measures: This presentation may refer to non-GAAP financial measures. Additional information on these financial measures is available in BOK Financial's 10-Q and 10-K filings with the Securities and Exchange Commission which can be accessed at bokf.com. Q3 summary Q3 Earnings Conference Call October 25, 2023 F ...

A provision for credit losses is charged against or credited to earnings in amounts necessary to maintain an appropriate Allowance for Credit Losses. Recoveries of loans previously charged off are added to the allowance when received. The activity in the allowance for loan losses and the allowance for off-balance sheet credit losses related to loan commitments and standby letters of credit is summarized as follows (in thousands): Three Months Ended June 30, 2023 | --- | --- | --- | --- | --- | --- | --- | - ...

BOK Financial Corporation (NASDAQ:BOKF) Q2 2023 Earnings Conference Call July 26, 2023 10:00 AM ET Company Participants Marty Grunst - Chief Financial Officer Stacy Kymes - Chief Executive Officer Marc Maun - Executive Vice President, Regional Banks Scott Grauer - Executive Vice President, Wealth Management Conference Call Participants Jared Shaw - Wells Fargo Securities Jon Arfstrom - RBC Capital Markets Brady Gailey - KBW Brandon King - Truist Securities Matt Olney - Stephens Operator Greetings, and welco ...

Financial Performance - Net income for Q2 2023 was $151.3 million, compared to $162.4 million in Q1 2023 and $132.8 million in Q2 2022[21] - Net interest revenue decreased by $30 million linked quarter[5], and was $322.3 million in Q2 2023, a decrease of 8.5% sequentially but an increase of 17.6% year-over-year[33] - Fee income accounted for 38% of total revenues[20] - Total fees and commissions reached $200.5 million in Q2 2023, a 7.8% increase sequentially and a 15.6% increase year-over-year[48] Balance Sheet - Period-end loans totaled $23.2 billion, reflecting a 2.1% increase sequentially and a 9.1% increase year-over-year[9] - Period-end deposits totaled $33.3 billion, showing a 2.2% increase sequentially but a 13.8% decrease year-over-year[9] - Average deposits declined by $1.1 billion in Q2[9] - Assets under management or administration increased to $103.6 billion, a 1.3% sequential increase and an 8.0% year-over-year increase[9] Credit Quality - Provision for credit losses was $17 million in Q2 2023[6, 21] - Net charge-offs were $6.7 million[6] - The combined allowance for credit losses was $323 million, representing 1.39% of total loans[46] Capital and Liquidity - The loan to deposit ratio was 69.8%[23, 53] - Uninsured deposit balances, excluding non-collateralized and consolidated subsidiary balances, were $13.4 billion, with a coverage ratio of approximately 175%[38] - Common Equity Tier 1 (CET1) including AOCI was 9.9%[38]

- 78 - Assets measured at fair value on a non-recurring basis include collateral for certain nonaccruing loans and real property and other assets acquired to satisfy loans, which are based primarily on comparisons to completed sales of similar assets. The following represents the carrying value of assets measured at fair value on a non-recurring basis (and related losses) during the period. The carrying value represents only those assets with a balance at March 31, 2022 for which the fair value was adjusted ...

BOK Financial Corporation (NASDAQ:BOKF) Q1 2023 Earnings Conference Call April 26, 2023 10:00 AM ET Company Participants Martin Grunst - Executive Vice President and Chief Financial Officer Stacy Kymes - President and Chief Executive Officer Marc Maun - Executive Vice President, Regional Banks Scott Grauer - Executive Vice President, Wealth Management Conference Call Participants Jon Arfstrom - RBC Brady Gailey - KBW Timur Braziler - Wells Fargo. Thomas Wendler - Stephens. Peter Winter - D.A. Davidson Brand ...

Personnel expense Data processing and communications expense increased $14.3 million or 9% and professional fees and services increased $5.4 million or 11%, both largely affected by on-going technology project costs. Higher travel costs following a lull in travel during the COVID-19 pandemic and increased advertising costs led to a $10.1 million or 62% increase in business promotion expense. Occupancy and equipment expense was also up $8.3 million or 8% driven largely by higher operating costs on leases. Fo ...

BOK Financial Corporation (NASDAQ:BOKF) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Steven Nell - Chief Financial Officer Stacy Kymes - President and Chief Executive Officer Marc Maun - Executive Vice President, Regional Banks Scott Grauer - Executive Vice President, Wealth Management Martin Grunst - Incoming Chief Financial Officer Conference Call Participants Jared Shaw - Wells Fargo Securities Brady Gailey - KBW Jon Arfstrom - RBC Capital Markets Matt Olney - Stephe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 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 Corporation (NASDAQ:BOKF) Q3 2022 Results Conference Call October 26, 2022 10:00 AM ET Company Participants Steven Nell - Chief Financial Officer Stacy Kymes - CEO Marc Maun - Executive Vice President, Regional Banking Scott Grauer - Executive Vice President, Wealth Management Conference Call Participants Jared Shaw - Wells Fargo Securities Brady Gailey - KBW Brett Rabatin - Hovde Group Jennifer Demba - Truist Securities Matt Olney - Stephens Operator I would now like to turn the conference ov ...