BOK Financial Corporation Earnings Summary — Q2 FY2026

• Delivered record quarterly loan production with loans increasing nearly $900 million (3.4%) sequentially to $27.1 billion.
• Net income rose to $176.5 million, significantly aided by a $30.9 million pre-tax gain from the exchange of Visa B shares.
• Fiduciary and asset management revenue reached a record $71 million, driven by seasonal tax fees and higher market valuations.
• Asset quality remains exceptionally high with net charge-offs of only 0.01% of average loans on an annualized basis.
• Deposits grew by $1.2 billion to $39.9 billion, maintaining a stable loan-to-deposit ratio of 68%.
• Net Interest Margin (NIM) remained stable at 2.91%, benefiting from fixed-rate asset repricing despite slight pressure from cash margins in the energy sector.
• The company repositioned its available-for-sale securities portfolio, selling $268 million of lower-yielding debt for a one-time loss of $4.6 million.

Management expects continued loan growth through diverse business lines and geographic footprint, focusing on maintaining disciplined credit standards despite market volatility. Strategy emphasizes leveraging fee-generating businesses like Wealth Management to offset interest rate sensitivity.

Improving

Record loan growth and stable margins indicate strong operational momentum, while credit quality remains pristine despite broader economic uncertainty.

The outlook remains constructive for continued expansion in the commercial and mortgage finance segments, supported by a healthy $16.6 billion unfunded loan commitment pipeline and a fortress balance sheet with a 12.89% CET1 ratio.