BOK Financial(BOKF) - 2023 Q1 - Earnings Call Transcript

Recall that we moved back in the fourth quarter to position ourselves to be more rate neutral. You've followed us for a long time and know that we traditionally have been rate neutral in terms of how we manage interest rate risk. We did lean in asset sensitive to benefit from rising rates, but in the fall, our views began to shift that the risks were more balanced between up and down and so took action early to mitigate any interest rate risk. And so we're really positioned to be much more neutral today and ...