Form 8-K
8-K — BOK FINANCIAL CORP
Accession: 0000875357-26-000031
Filed: 2026-04-20
Period: 2026-04-20
CIK: 0000875357
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — bokf-20260420.htm (Primary)
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EX-99.2 (a20260331bokfearningscal.htm)
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8-K
8-K (Primary)
Filename: bokf-20260420.htm · Sequence: 1
bokf-20260420
0000875357false00008753572026-04-202026-04-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 20, 2026
Commission File No. 001-37811
BOK FINANCIAL CORP
(Exact name of registrant as specified in its charter)
Oklahoma 73-1373454
(State or other jurisdiction
of Incorporation or Organization) (IRS Employer
Identification No.)
Bank of Oklahoma Tower
Boston Avenue at Second Street
Tulsa, Oklahoma 74172
(Address of Principal Executive Offices) (Zip Code)
(918) 588-6000
(Registrant’s telephone number, including area code)
N/A
__________________________________________
(Former name or former address, if changes since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, par value $0.00006 per share BOKF Nasdaq Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 2.02. Results of Operations and Financial Condition.
On April 20, 2026, BOK Financial Corporation (“BOK Financial”) issued a press release announcing its financial results for the three months ended March 31, 2026 (“Press Release”). The full text of the Press Release is attached as Exhibit 99.1(a) to this report and is incorporated herein by reference. On April 20, 2026, in connection with the issuance of the Press Release, BOK Financial released financial information related to the three months ended March 31, 2026 (“Financial Information”), which includes certain historical financial information relating to BOK Financial. The Financial Information is attached as Exhibit 99.1(b) to this report and is incorporated herein by reference.
ITEM 7.01. Regulation FD Disclosure.
On April 20, 2026, in connection with the issuance of the Press Release, BOK Financial released financial information related to the three months ended March 31, 2026 (“Financial Information”), which includes certain historical financial information relating to BOK Financial. The Financial Information is attached as Exhibit 99.2(a) to this report and is incorporated herein by reference.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Text of Press Release, dated April 20, 2026, titled "BOK Financial Corporation reports quarterly earnings of $156 million, or $2.58 per share, in the first quarter" and Financial Information for the Three Months Ended March 31, 2026.
99.2 Earnings conference call presentation, dated April 21, 2026, titled “Q1 Earnings Conference Call" for the Three Months Ended March 31, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BOK FINANCIAL CORPORATION
By: /s/ Martin E. Grunst
Martin E. Grunst
Executive Vice President
Chief Financial Officer
Date: April 20, 2026
EX-99.1
EX-99.1
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Document
BOK Financial Corporation reports quarterly earnings of $156 million, or $2.58 per share, in the first quarter.
First quarter 2026 financial highlights1
Net Income
Net income was $155.8 million, or $2.58 per diluted share, compared to $177.3 million, or $2.89 per diluted share. Excluding the gain recognized on the sale of a merchant banking investment and the FDIC special assessment benefit, net income would have been $152.1 million, or $2.48 per diluted share, in the fourth quarter of 2025.2
Net Interest Income & Margin
Net interest income totaled $342.6 million, a decrease of $2.7 million. Net interest margin was 2.90% for the first quarter compared to 2.98% in the prior quarter.
Fees & Commissions Revenue
Fees and commissions revenue was $209.8 million, a decrease of $5.1 million, led by lower investment banking revenue due to seasonality and volume of transactions.
Operating Expense
Operating expense decreased $6.9 million to $354.2 million. Excluding the FDIC special assessment benefit from the fourth quarter of 2025, operating expense decreased $16.4 million. Personnel expense decreased $11.6 million and non-personnel expense decreased $4.8 million, reflecting our continued focus on managing our core cost structure.
Loans
Period end loans grew by $536 million, to $26.2 billion, with broad-based growth across the loan portfolio, led by general business, energy, and multifamily commercial real estate loans. Average outstanding loan balances were $25.9 billion, a $683 million increase.
Credit Quality
Nonperforming assets declined to $60 million, or 0.23% of outstanding loans and repossessed assets, at March 31, 2026, from $75 million, or 0.29%, at December 31, 2025. Net charge-offs for the first quarter were $1.9 million, or 0.03% of average loans on an annualized basis.
Deposits
Period end deposits decreased $758 million to $38.7 billion and average deposits decreased $1.0 billion to $39.0 billion. Average interest-bearing deposits decreased $692 million and average demand deposits decreased by $315 million. The loan to deposit ratio was 68% at March 31, 2026, compared to 65% at December 31, 2025.
Capital
Tangible common equity ratio2 was 9.29% compared to 9.46% at December 31, 2025. Tier 1 capital ratio was 12.61%, common equity Tier 1 capital ratio was 12.61%, and total capital ratio was 14.39%. No shares of common stock were repurchased in the first quarter of 2026.
p
$536 million
3 bps
$123.6 billion
LOAN GROWTH NET CHARGE-OFFS (TTM) AUMA
CEO Commentary
Stacy Kymes, President and CEO, stated, “Our first quarter performance reflects disciplined execution and exceptional teamwork across the organization, driven by core operating results. Loan growth exceeded 10% over the last 12 months with diverse growth across sectors and geographies, while credit quality remained excellent. During the quarter, our fee‑based businesses demonstrated resilience in a volatile market environment, with fee revenue exceeding three of the past four quarters. Expenses declined meaningfully, reflecting our continued focus on managing our core cost structure. We’re off to a strong start and well positioned for growth as the year progresses."
1 Comparisons are to the prior quarter unless otherwise noted.
2 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Net Interest Income
(Dollars in thousands) Mar. 31, 2026 Dec. 31, 2025 Change % Change
Tax-equivalent interest revenue
Interest-bearing cash and cash equivalents $ 5,133 $ 5,302 $ (169) (3.2) %
Trading securities 64,588 63,296 1,292 2.0 %
Investment securities 6,149 6,381 (232) (3.6) %
Available-for-sale securities 133,963 134,440 (477) (0.4) %
Fair value option securities 1,389 913 476 52.1 %
Restricted equity securities 6,681 4,522 2,159 47.7 %
Residential mortgage loans held for sale 1,056 1,349 (293) (21.7) %
Loans 399,576 412,170 (12,594) (3.1) %
Total tax-equivalent interest revenue
$ 618,535 $ 628,373 $ (9,838) (1.6) %
Interest expense
Interest-bearing deposits:
Transaction $ 175,802 $ 199,008 $ (23,206) (11.7) %
Savings 1,162 1,163 (1) (0.1) %
Time 32,234 34,252 (2,018) (5.9) %
Total interest-bearing deposits 209,198 234,423 (25,225) (10.8) %
Funds purchased and repurchase agreements 6,600 10,360 (3,760) (36.3) %
Other borrowings 51,482 32,032 19,450 60.7 %
Subordinated debentures 6,091 3,722 2,369 63.6 %
Total interest expense 273,371 280,537 (7,166) (2.6) %
Tax-equivalent net interest income 345,164 347,836 (2,672) (0.8) %
Less: Tax-equivalent adjustment
2,610 2,555 55 2.2 %
Net interest income $ 342,554 $ 345,281 $ (2,727) (0.8) %
Net interest margin 2.90 % 2.98 % (0.08) % N/A
Average earning assets $ 47,772,044 $ 46,590,610 $ 1,181,434 2.5 %
Average trading securities 5,617,531 5,295,598 321,933 6.1 %
Average investment securities 1,747,860 1,804,984 (57,124) (3.2) %
Average available-for-sale securities 13,614,473 13,564,939 49,534 0.4 %
Average fair value option securities 126,772 72,229 54,543 75.5 %
Average restricted equity securities 361,514 250,430 111,084 44.4 %
Average loans balance 25,925,585 25,242,551 683,034 2.7 %
Average interest-bearing deposits 31,286,311 31,978,527 (692,216) (2.2) %
Average funds purchased and repurchase agreements 924,228 1,185,566 (261,338) (22.0) %
Average other borrowings 5,349,061 3,008,388 2,340,673 77.8 %
Average subordinated debentures 396,606 241,482 155,124 64.2 %
Net interest income was $342.6 million for the first quarter of 2026, a decrease of $2.7 million compared to the prior quarter. Net interest margin declined to 2.90% from 2.98%. For the first quarter of 2026, our core net interest margin excluding trading activities1, a non-GAAP measure, decreased 7 basis points to 3.15% compared to 3.22% in the prior quarter.
1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.
2
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Average earning assets increased $1.2 billion. Average loan balances increased $683 million, with broad-based growth across the loan portfolio. Average trading securities increased $322 million and restricted equity securities increased $111 million. Average interest-bearing deposits decreased $692 million, primarily from interest-bearing transaction accounts. Average funds purchased and repurchase agreements decreased $261 million, while average other borrowings increased $2.3 billion. Average subordinate debentures increased $155 million, driven by the full quarter impact of the subordinated debt issued in the fourth quarter.
The yield on average earning assets was 5.23%, a 13 basis point decrease compared to the prior quarter. The loan portfolio yield decreased 23 basis points to 6.25%. The yield on trading securities decreased 19 basis points to 4.64%, while the yield on restricted equity securities increased 17 basis points to 7.39%.
Funding costs were 2.92%, down 14 basis points. The cost of interest-bearing deposits decreased 20 basis points to 2.71%. The cost of funds purchased and repurchase agreements decreased 57 basis points to 2.90%, while the cost of other borrowings decreased 32 basis points to 3.90%. The benefit to net interest margin from assets funded by non-interest bearing liabilities was 59 basis points, a decrease of 9 basis points.
Other Operating Revenue
(Dollars in thousands) Mar. 31, 2026 Dec. 31, 2025 Change % Change
Brokerage and trading revenue $ 43,606 $ 47,310 $ (3,704) (7.8) %
Transaction card revenue 31,965 31,564 401 1.3 %
Fiduciary and asset management revenue 66,481 68,347 (1,866) (2.7) %
Deposit service charges and fees 32,218 32,039 179 0.6 %
Mortgage banking revenue 20,963 19,013 1,950 10.3 %
Other revenue 14,544 16,591 (2,047) (12.3) %
Total fees and commissions 209,777 214,864 (5,087) (2.4) %
Other gains (losses), net (216) 28,078 (28,294) N/A
Loss on derivatives, net (4,374) (2,366) (2,008) N/A
Gain (loss) on fair value option securities, net (2,074) 551 (2,625) N/A
Change in fair value of mortgage servicing rights 8,155 1,407 6,748 N/A
Gain on available-for-sale securities, net — 1,748 (1,748) N/A
Total other operating revenue $ 211,268 $ 244,282 $ (33,014) (13.5) %
Fees and commissions revenue totaled $209.8 million for the first quarter of 2026, decreasing $5.1 million compared to the prior quarter.
Brokerage and trading revenue decreased $3.7 million to $43.6 million. Investment banking revenue decreased $4.1 million driven by lower syndication fees and municipal underwriting activity, primarily due to seasonality and volume of transactions. Trading fees and commissions revenue decreased $1.6 million, primarily due to a shift from fee revenue to net interest income on trading securities. Customer hedging revenue grew $1.1 million, as our energy customers increased hedging activity in response to the rapid rise in crude oil prices during the quarter.
Other revenue decreased $2.0 million, largely due to a reduction in fees earned on derivative counterparty margin.
Fiduciary and asset management revenue decreased $1.9 million as the prior quarter included transaction-related fees that did not recur in the current quarter.
Mortgage banking revenue increased $2.0 million due to an increase in mortgage production volumes and higher refinancing activity.
Transaction card revenue and deposit service charges and fees were both consistent with the prior quarter.
Other gains (losses), net, were a net loss of $216 thousand compared to a net gain of $28.1 million in the prior quarter. The fourth quarter included a $23.5 million pre-tax gain on the sale of a merchant banking investment. The current quarter included a net loss on investments related to deferred compensation of $1.8 million compared to a net gain of $3.7 million in the prior quarter.
3
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Operating Expense
(Dollars in thousands) Mar. 31, 2026 Dec. 31, 2025 Change % Change
Personnel $ 211,174 $ 222,726 $ (11,552) (5.2) %
Business promotion 9,226 11,516 (2,290) (19.9) %
Professional fees and services 14,295 18,371 (4,076) (22.2) %
Net occupancy and equipment 33,182 32,693 489 1.5 %
FDIC and other insurance 5,685 6,078 (393) (6.5) %
FDIC special assessment — (9,479) 9,479 N/A
Data processing and communications 51,768 51,299 469 0.9 %
Printing, postage, and supplies 3,679 4,077 (398) (9.8) %
Amortization of intangible assets 2,443 2,656 (213) (8.0) %
Mortgage banking costs 11,757 10,663 1,094 10.3 %
Other expense 10,957 10,454 503 4.8 %
Total operating expense $ 354,166 $ 361,054 $ (6,888) (1.9) %
Total operating expense was $354.2 million for the first quarter of 2026, a decrease of $6.9 million compared to the prior quarter.
Personnel expense was $211.2 million, a decrease of $11.6 million. Cash-based incentive compensation decreased $7.0 million. The fourth quarter included higher incentive compensation expenses, primarily driven by strong results in both commercial and wealth production volumes. Regular compensation decreased $2.5 million to $122.2 million, reflecting normalization of quarterly compensation expense as the majority of transitional personnel costs from talent base alignment were recognized in the prior quarter. Deferred compensation expense was $182 thousand, a decrease of $2.2 million compared to the prior quarter. Employee benefits expense increased $1.5 million due to a seasonal increase in payroll taxes, partially offset by lower employee healthcare costs.
Excluding the impact of the FDIC special assessment adjustment in the prior quarter, non-personnel expense decreased $4.8 million. Professional fees and services decreased $4.1 million, primarily driven by lower project costs. Business promotion expense decreased $2.3 million due to lower travel and advertising costs. Mortgage banking costs increased $1.1 million due to increased payoff activity.
4
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Loans
(Dollars in thousands) Mar. 31, 2026 Dec. 31, 2025 Change % Change
Commercial:
Healthcare $ 3,955,763 $ 4,008,208 $ (52,445) (1.3)%
Services 3,901,933 3,911,917 (9,984) (0.3)%
Energy 3,005,693 2,882,242 123,451 4.3%
Mortgage finance 228,242 177,765 50,477 28.4%
General business 4,481,452 4,300,935 180,517 4.2%
Total commercial 15,573,083 15,281,067 292,016 1.9%
Commercial real estate:
Multifamily 2,553,709 2,432,330 121,379 5.0%
Industrial 1,418,626 1,368,436 50,190 3.7%
Office 821,569 814,139 7,430 0.9%
Retail 613,976 573,451 40,525 7.1%
Residential construction and land development
109,480 129,783 (20,303) (15.6)%
Other commercial real estate
367,319 353,867 13,452 3.8%
Total commercial real estate 5,884,679 5,672,006 212,673 3.7%
Loans to individuals:
Residential mortgage
2,784,134 2,731,415 52,719 1.9%
Residential mortgage guaranteed by U.S. government agencies
160,254 158,359 1,895 1.2%
Personal 1,785,243 1,808,615 (23,372) (1.3)%
Total loans to individuals 4,729,631 4,698,389 31,242 0.7%
Total loans $ 26,187,393 $ 25,651,462 $ 535,931 2.1%
Outstanding loans were $26.2 billion at March 31, 2026, an increase of $536 million over December 31, 2025, with broad-based growth across the loan portfolio led by general business, energy, and multifamily commercial real estate loans. Unfunded loan commitments grew by $319 million over the fourth quarter of 2025 to $16.2 billion at March 31, 2026.
Outstanding commercial loan balances, which includes healthcare, services, energy, mortgage finance, and general business loans, increased $292 million over the prior quarter.
General business loans increased $181 million to $4.5 billion, or 17% of total loans. General business loans include $2.9 billion of wholesale/retail loans and $1.6 billion of loans from other commercial industries.
Energy loan balances grew by $123 million to $3.0 billion, or 11% of total loans. The majority of this portfolio is first lien, senior secured, reserve-based lending to oil and gas producers, which we believe is the lowest risk form of energy lending. Approximately 72% of committed production loans are secured by properties primarily producing oil. The remaining 28% are secured by properties primarily producing natural gas. Unfunded energy loan commitments were $4.5 billion at March 31, 2026, a $52 million increase over December 31, 2025.
The Company launched the residential mortgage finance line of business in the third quarter of 2025, growing loans by $50 million during the quarter to $228 million, or 1% of total loans.
Services sector loan balances were largely unchanged compared to the prior quarter at $3.9 billion, or 15% of total loans. Services loans consist of a large number of loans to a variety of businesses, including state and local municipal government entities, Native American tribal government and casino operations, foundations and not-for-profit organizations, educational services, and specialty trade contractors.
5
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Healthcare sector loan balances decreased $52 million and totaled $4.0 billion, or 15% of total loans. Our healthcare sector loans primarily consist of $3.2 billion of senior housing and care facilities, including independent living, assisted living, and skilled nursing. Generally, we loan to borrowers with a portfolio of multiple facilities, which serves to help diversify risks specific to a single facility.
Commercial real estate loan balances increased $213 million to $5.9 billion, representing 22% of total loans. Loans secured by multifamily properties increased $121 million. Loans secured by industrial facilities increased $50 million and loans secured by retail facilities increased $41 million, while residential construction and land development loans decreased by $20 million. Unfunded commercial real estate loan commitments were $2.1 billion at March 31, 2026, a $66 million decrease compared to December 31, 2025. We take a disciplined approach to managing our concentration of commercial real estate loan commitments as a percentage of capital.
Loans to individuals were up $31 million over the prior quarter to $4.7 billion and represent 18% of total loans. Residential mortgage loans increased $55 million, while personal loans decreased $23 million. Personal loans consist primarily of loans to Wealth Management clients secured by the cash surrender value of insurance policies or marketable securities. Personal loans also include direct loans secured by and for the purchase of automobiles, recreational and marine equipment, as well as unsecured loans.
Period End & Average Deposits
(Dollars in thousands) Mar. 31, 2026 Dec. 31, 2025 Change % Change
Period end deposits
Demand $ 7,694,329 $ 8,081,930 $ (387,601) (4.8) %
Interest-bearing transaction 26,352,203 26,850,070 (497,867) (1.9) %
Savings 903,707 863,923 39,784 4.6 %
Time 3,726,809 3,639,083 87,726 2.4 %
Total deposits $ 38,677,048 $ 39,435,006 $ (757,958) (1.9) %
Average deposits
Demand $ 7,693,948 $ 8,009,082 $ (315,134) (3.9) %
Interest-bearing transaction 26,707,581 27,396,541 (688,960) (2.5) %
Savings 877,650 852,390 25,260 3.0 %
Time 3,701,080 3,729,596 (28,516) (0.8) %
Total average deposits $ 38,980,259 $ 39,987,609 $ (1,007,350) (2.5) %
Our funding sources, which primarily include deposits and wholesale borrowings, provide adequate liquidity to meet our needs. The loan to deposit ratio was 68% at March 31, 2026, compared to 65% at December 31, 2025, providing significant on-balance sheet liquidity to meet future loan demand and contractual obligations.
Period end deposits totaled $38.7 billion at March 31, 2026, a $758 million decrease. Interest-bearing transaction accounts decreased $498 million and demand deposits decreased $388 million, while time deposits increased $88 million.
Average deposits were $39.0 billion during the first quarter, a $1.0 billion decrease. Average interest-bearing transaction accounts decreased $689 million, average demand deposit balances decreased $315 million, and average time deposits decreased $29 million.
Average Commercial Banking deposits decreased $186 million to $18.3 billion, or 47% of total deposits. Our commercial deposit portfolio is highly diversified across industries and customers. The highest concentration by industry within our commercial deposit portfolio is with our energy customers representing 8% of our total deposits. Average Consumer Banking deposits increased $43 million to $8.4 billion, or 22% of total deposits. Average Wealth Management deposits increased by $79 million to $10.8 billion, or 28% of total deposits. Average Funds Management and Other deposits decreased $943 million to $1.5 billion, or 4% of total deposits, as funds opportunistically placed into wholesale deposits in the prior quarter were replaced with wholesale borrowings during the first quarter.
6
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Capital
Minimum Capital Requirement Capital Conservation Buffer Minimum Capital Requirement Including Capital Conservation Buffer Mar. 31, 2026 Dec. 31, 2025
Common equity Tier 1 4.50 % 2.50 % 7.00 % 12.61 % 12.90 %
Tier 1 capital 6.00 % 2.50 % 8.50 % 12.61 % 12.90 %
Total capital 8.00 % 2.50 % 10.50 % 14.39 % 14.77 %
Tier 1 leverage 4.00 % N/A 4.00 % 9.85 % 9.86 %
Tangible common equity ratio1
9.29 % 9.46 %
Common stock repurchased (shares) — 2,617,414
Average price per share repurchased $ — $ 107.99
The company's common equity Tier 1 capital ratio was 12.61% at March 31, 2026. In addition, the company's Tier 1 capital ratio was 12.61%, total capital ratio was 14.39%, and leverage ratio was 9.85% at March 31, 2026. At December 31, 2025, the company's common equity Tier 1 capital ratio was 12.90%, Tier 1 capital ratio was 12.90%, total capital ratio was 14.77%, and leverage ratio was 9.86%.
The company's tangible common equity ratio1, a non-GAAP measure, was 9.29% at March 31, 2026, and 9.46% at December 31, 2025. The tangible common equity ratio is primarily based on total shareholders' equity, which includes unrealized gains and losses on available-for-sale securities.
No shares of common stock were repurchased in the first quarter of 2026. The company repurchased 2,617,414 shares of common stock at an average price paid of $107.99 per share in the fourth quarter of 2025. We view buybacks opportunistically, but within the context of maintaining our strong capital position.
Credit Quality
Nonperforming assets totaled $60 million, or 0.23% of outstanding loans and repossessed assets, at March 31, 2026, compared to $75 million, or 0.29%, at December 31, 2025. Excluding loans guaranteed by U.S. government agencies, nonperforming assets totaled $52 million, or 0.20% of outstanding loans and repossessed assets, at March 31, 2026, compared to $66 million, or 0.26%, at December 31, 2025.
Nonaccruing loans decreased $14 million compared to December 31, 2025. New nonaccruing loans identified in the first quarter totaled $8.1 million, offset by $5.8 million in payments received, $4.7 million in foreclosures of other real estate owned, $4.4 million in loans that returned to accrual status, and $3.2 million in charge-offs. Nonaccruing services loans decreased $4.9 million, nonaccruing general business loans decreased $3.6 million, nonaccruing loans to individuals decreased $3.4 million, and nonaccruing healthcare loans decreased $2.4 million.
Net charge-offs were $1.9 million, or 0.03% of average loans on an annualized basis, in the first quarter. At March 31, 2026, net charge-offs for the trailing twelve months were $7.5 million, or 0.03% of average loans. Net charge-offs were $1.4 million, or 0.02% of average loans on an annualized basis, in the fourth quarter of 2025.
No provision for expected credit losses was necessary for the first quarter of 2026. The favorable impact of higher projected oil prices on our energy loan portfolio and improved credit quality was offset by loan growth and a slight downward revision to economic forecast assumptions compared to the prior quarter.
At March 31, 2026, the combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments was $323 million, or 1.23% of outstanding loans and 618% of nonaccruing loans, excluding residential mortgage loans guaranteed by U.S. government agencies. At December 31, 2025, the combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments was $327 million, or 1.28% of outstanding loans and 497% of nonaccruing loans.
1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.
7
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Securities & Derivatives
The fair value of the available-for-sale securities portfolio totaled $13.5 billion at March 31, 2026, a $67 million decrease compared to December 31, 2025. At March 31, 2026, the available-for-sale securities portfolio consisted primarily of $9.6 billion of residential mortgage-backed securities fully backed by U.S. government agencies and $3.0 billion of commercial mortgage-backed securities fully backed by U.S. government agencies. At March 31, 2026, the available-for-sale securities portfolio had a net unrealized loss of $217 million, compared to $133 million at December 31, 2025.
We hold an inventory of trading securities in support of sales to a variety of customers. At March 31, 2026, the trading securities portfolio totaled $5.7 billion, compared to $5.4 billion at December 31, 2025.
The company also maintains a portfolio of residential mortgage-backed and commercial mortgage-backed securities issued by U.S. government agencies and interest rate derivative contracts as an economic hedge of the changes in the fair value of our mortgage servicing rights. This portfolio of fair value option securities increased $76.0 million to $178 million at March 31, 2026.
Derivative contracts are carried at fair value. At March 31, 2026, the net fair values of derivative contracts, before consideration of cash margin, reported as assets under our customer risk management programs totaled $748 million, compared to $428 million at December 31, 2025. The aggregate net fair value of derivative contracts, before consideration of cash margin, held under these programs reported as liabilities totaled $734 million at March 31, 2026, and $399 million at December 31, 2025.
The net benefit of the changes in the fair value of mortgage servicing rights and related economic hedges was $2.0 million during the first quarter of 2026, including an $8.2 million increase in the fair value of mortgage servicing rights, a $6.3 million decrease in the fair value of securities and derivative contracts held as an economic hedge, and $86 thousand of related net interest income.
First Quarter 2026 Segment Highlights
Commercial Banking Consumer Banking Wealth Management
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2026 Dec. 31, 2025
Net interest income and fee revenue
$ 232,483 $ 242,828 $ 96,926 $ 94,761 $ 153,398 $ 160,171
Net loans charged-off (recovered) 400 929 1,508 944 496 (7)
Personnel expense 51,267 54,978 25,466 25,181 69,413 74,028
Non-personnel expense 31,041 33,209 38,027 39,587 28,756 28,697
Net income before taxes 134,787 162,142 19,168 15,054 37,541 42,689
Average loans $ 21,232,965 $ 20,650,624 $ 2,584,226 $ 2,516,158 $ 2,430,864 $ 2,393,802
Average deposits 18,306,337 18,492,793 8,389,039 8,346,245 10,782,785 10,703,630
Assets under management or administration $ 123,586,715 $ 126,614,658
Commercial Banking contributed $134.8 million to net income before taxes in the first quarter of 2026, a decrease of $27.4 million compared to the fourth quarter of 2025. Combined net interest income and fee revenue totaled $232.5 million, a decrease of $10.3 million. Net interest income decreased $7.5 million from lower deposit spreads and demand deposit balances, slightly offset by increased loan volumes. Investment banking revenue decreased $2.2 million due to lower loan syndication fees. Other operating expenses decreased $5.9 million, primarily attributable to decreased incentive compensation costs and lower project related costs. Other gains, net, were $1.2 million for the first quarter of 2026, compared to $25.6 million in the fourth quarter of 2025. The fourth quarter included a $23.5 million pre-tax gain on the sale of a merchant banking investment. Average loans increased $582 million, or 3%, to $21.2 billion. Average deposits were $18.3 billion, a decrease of $186 million, or 1%.
8
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Consumer Banking contributed $19.2 million to net income before taxes in the first quarter of 2026, an increase of $4.1 million. Combined net interest income and fee revenue increased $2.2 million, driven by stronger mortgage production performance and higher card-network incentives, partially offset by changes in deposit spreads. The net benefit of the change in the fair value of mortgage servicing rights and the related economic hedges was $2.0 million, compared to a cost of $579 thousand in the prior quarter. Personnel expense was consistent with the prior quarter. Non-personnel expense decreased $1.6 million due to lower business promotion expenses and professional fees, partially offset by higher mortgage banking costs from increased payoff activity. Corporate expense allocations increased $1.4 million. Average loans increased $68 million, or 3%, to $2.6 billion. Average deposits were relatively consistent with the prior quarter at $8.4 billion.
Wealth Management contributed $37.5 million to net income before taxes in the first quarter of 2026, a decrease of $5.1 million compared to the fourth quarter of 2025. Combined net interest income and fee revenue decreased $6.8 million due to reduced margins on deposits, lower fiduciary and asset management revenue as the prior quarter included transaction-related fees that did not recur, and decreased other revenue. Other operating expenses decreased $4.6 million, driven by lower regular and incentive compensation costs during the quarter. Corporate expense allocations increased $2.4 million. Average loans increased $37 million, or 2%, to $2.4 billion. Average deposits were largely unchanged at $10.8 billion. Assets under management or administration were $123.6 billion, a decrease of $3.0 billion, or 2%.
9
BOK Financial Corporation quarterly earnings release Exhibit 99.1(a)
Conference Call & Webcast
The company will host a conference call at noon Central time on Tuesday, April 21, 2026, to discuss the financial results with investors. The live audio webcast and presentation slides will be available on the company’s website at bokf.com. The conference call can also be accessed by dialing 1-800-715-9871 toll free, or 1-646-307-1963, conference ID: 6617678. A webcast replay will also be available shortly after the conclusion of the live call at bokf.com or by dialing 1-800-770-2030 and referencing replay PIN: 6617678.
About BOK Financial Corporation
BOK Financial Corporation is a $54 billion regional financial services company headquartered in Tulsa, Oklahoma with $124 billion in assets under management or administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc.; and BOK Financial Private Wealth, Inc. BOKF, NA's holdings include TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas; and BOK Financial in Arizona, Arkansas, Colorado, Kansas and Missouri; as well as having limited purpose offices in Nebraska, Wisconsin, Connecticut, and Tennessee. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.
The company will continue to evaluate critical assumptions and estimates, such as the appropriateness of the allowance for credit losses and asset impairment as of March 31, 2026 through the date its financial statements are filed with the Securities and Exchange Commission and will adjust amounts reported if necessary.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs, assumptions, current expectations, estimates and projections about BOK Financial Corporation, the financial services industry and the economy generally. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “plans,” “outlook,” “projects,” “will,” “intends,” “may,” “could,” “should,” “would,” “potential,” “continue,” “seek,” “target,” variations of such words and similar expressions are intended to identify such forward-looking statements. Management judgments relating to and discussion of the provision and allowance for credit losses, allowance for uncertain tax positions, accruals for loss contingencies and valuation of mortgage servicing rights involve judgments as to expected events and are inherently forward-looking statements. Assessments that acquisitions and growth endeavors will be profitable are statements of belief as to the outcome of future events based in part on information provided by others which BOK Financial has not independently verified and for which BOK Financial assumes no responsibility for the accuracy or completeness. These various forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions which are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. All statements other than statements of historical fact are forward-looking statements. Therefore, actual results and outcomes may materially differ from what is expected, implied or forecasted in such forward-looking statements. Internal and external factors that might cause such a difference include, but are not limited to: changes in government; changes in governmental economic policy, including tariffs; changes in commodity prices; interest rates and interest rate relationships; inflation; demand for products and services; the degree of competition by traditional and nontraditional competitors; changes in banking regulations; tax laws; prices, levies and assessments; the impact of technological advances; trends in customer behavior as well as their ability to repay loans; credit quality deterioration; cybersecurity incidents and data breaches; operational failures or interruptions; liquidity risks; capital adequacy requirements; litigation and regulatory enforcement actions; and other risks detailed in BOK Financial Corporation’s filings with the Securities and Exchange Commission. BOK Financial Corporation and its affiliates undertake no obligation to update, amend or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.
10
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
BALANCE SHEETS – UNAUDITED
BOK FINANCIAL CORPORATION
(In thousands) Mar. 31, 2026 Dec. 31, 2025
Assets
Cash and due from banks $ 905,614 $ 1,001,107
Interest-bearing cash and cash equivalents 506,793 656,995
Trading securities 5,652,162 5,392,745
Investment securities, net of allowance 1,719,731 1,784,242
Available-for-sale securities 13,539,565 13,606,625
Fair value option securities 178,098 102,096
Restricted equity securities 357,909 224,757
Residential mortgage loans held for sale 104,873 94,630
Loans:
Commercial 15,573,083 15,281,067
Commercial real estate 5,884,679 5,672,006
Loans to individuals 4,729,631 4,698,389
Total loans 26,187,393 25,651,462
Allowance for loan losses (277,719) (275,860)
Loans, net of allowance 25,909,674 25,375,602
Premises and equipment, net 631,454 638,936
Receivables 272,540 292,978
Goodwill 1,044,749 1,044,749
Intangible assets, net 32,303 34,752
Mortgage servicing rights 333,381 322,724
Real estate and other repossessed assets, net of allowance 15 176
Derivative contracts, net 782,985 300,775
Cash surrender value of bank-owned life insurance 424,494 421,514
Receivable on unsettled securities sales 156,963 62,034
Other assets 1,207,102 880,064
Total assets $ 53,760,405 $ 52,237,501
Liabilities
Deposits:
Demand $ 7,694,329 $ 8,081,930
Interest-bearing transaction 26,352,203 26,850,070
Savings 903,707 863,923
Time 3,726,809 3,639,083
Total deposits 38,677,048 39,435,006
Funds purchased and repurchase agreements 715,469 1,491,716
Other borrowings 5,753,504 2,745,939
Subordinated debentures 396,625 396,589
Accrued interest, taxes, and expense 325,670 382,809
Due on unsettled securities purchases 1,140,782 991,073
Derivative contracts, net 282,590 397,573
Other liabilities 493,651 476,116
Total liabilities 47,785,339 46,316,821
Shareholders' equity
Capital, surplus, and retained earnings 6,198,177 6,084,816
Accumulated other comprehensive loss (225,002) (166,170)
Total shareholders’ equity 5,973,175 5,918,646
Non-controlling interests 1,891 2,034
Total equity 5,975,066 5,920,680
Total liabilities and equity $ 53,760,405 $ 52,237,501
11
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
AVERAGE BALANCE SHEETS – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Assets
Interest-bearing cash and cash equivalents $ 577,641 $ 546,045 $ 495,091 $ 506,330 $ 564,014
Trading securities 5,617,531 5,295,598 5,603,200 6,876,788 5,881,997
Investment securities, net of allowance 1,747,860 1,804,984 1,861,565 1,918,969 1,980,005
Available-for-sale securities 13,614,473 13,564,939 13,386,515 13,218,569 12,962,830
Fair value option securities 126,772 72,229 105,651 88,323 17,603
Restricted equity securities 361,514 250,430 337,055 390,191 348,266
Residential mortgage loans held for sale 77,105 91,414 91,422 86,543 63,365
Loans:
Commercial 15,430,740 15,037,471 14,490,145 14,315,695 14,633,090
Commercial real estate 5,779,715 5,581,588 5,743,572 5,495,152 5,245,867
Loans to individuals 4,715,130 4,623,492 4,592,422 4,365,702 4,189,270
Total loans 25,925,585 25,242,551 24,826,139 24,176,549 24,068,227
Allowance for loan losses (276,437) (277,580) (277,398) (278,191) (279,983)
Loans, net of allowance 25,649,148 24,964,971 24,548,741 23,898,358 23,788,244
Total earning assets 47,772,044 46,590,610 46,429,240 46,984,071 45,606,324
Cash and due from banks 963,980 988,135 960,602 915,487 995,598
Derivative contracts, net 421,256 268,675 317,732 374,125 328,478
Cash surrender value of bank-owned life insurance 422,540 420,167 417,261 419,602 417,797
Receivable on unsettled securities sales 173,506 227,678 162,035 228,563 184,960
Other assets 3,369,683 3,357,081 3,405,206 3,365,104 3,453,746
Total assets $ 53,123,009 $ 51,852,346 $ 51,692,076 $ 52,286,952 $ 50,986,903
Liabilities
Deposits:
Demand $ 7,693,948 $ 8,009,082 $ 7,894,847 $ 7,958,538 $ 8,156,069
Interest-bearing transaction 26,707,581 27,396,541 26,076,475 25,859,336 25,859,733
Savings 877,650 852,390 867,939 853,062 844,875
Time 3,701,080 3,729,596 3,641,985 3,465,780 3,498,401
Total deposits 38,980,259 39,987,609 38,481,246 38,136,716 38,359,078
Funds purchased and repurchase agreements 924,228 1,185,566 873,800 782,039 935,716
Other borrowings 5,349,061 3,008,388 5,048,301 6,019,948 4,626,402
Subordinated debentures 396,606 241,482 — 99,846 131,188
Derivative contracts, net 302,403 317,206 332,893 359,616 237,035
Due on unsettled securities purchases 418,478 452,673 329,361 503,490 425,050
Other liabilities 727,779 697,979 663,323 591,496 611,762
Total liabilities 47,098,814 45,890,903 45,728,924 46,493,151 45,326,231
Total equity 6,024,195 5,961,443 5,963,152 5,793,801 5,660,672
Total liabilities and equity
$ 53,123,009 $ 51,852,346 $ 51,692,076 $ 52,286,952 $ 50,986,903
12
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
STATEMENTS OF EARNINGS – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
March 31,
(In thousands, except share and per share data) 2026 2025
Interest revenue $ 615,925 $ 618,570
Interest expense 273,371 302,319
Net interest income
342,554 316,251
Provision for credit losses — —
Net interest income after provision for credit losses
342,554 316,251
Other operating revenue:
Brokerage and trading revenue 43,606 31,068
Transaction card revenue 31,965 27,092
Fiduciary and asset management revenue 66,481 60,972
Deposit service charges and fees 32,218 30,275
Mortgage banking revenue 20,963 19,815
Other revenue 14,544 14,894
Total fees and commissions 209,777 184,116
Other losses, net (216) (725)
Gain (loss) on derivatives, net (4,374) 9,565
Gain (loss) on fair value option securities, net (2,074) 325
Change in fair value of mortgage servicing rights 8,155 (7,240)
Total other operating revenue 211,268 186,041
Other operating expense:
Personnel 211,174 214,185
Business promotion 9,226 8,818
Professional fees and services 14,295 13,269
Net occupancy and equipment 33,182 32,992
FDIC and other insurance 5,685 6,587
FDIC special assessment — 523
Data processing and communications 51,768 47,578
Printing, postage, and supplies 3,679 3,639
Amortization of intangible assets 2,443 2,652
Mortgage banking costs 11,757 7,689
Other expense 10,957 9,597
Total other operating expense 354,166 347,529
Net income before taxes 199,656 154,763
Federal and state income taxes 43,936 34,992
Net income 155,720 119,771
Net loss attributable to non-controlling interests (46) (6)
Net income attributable to BOK Financial Corporation shareholders $ 155,766 $ 119,777
Average shares outstanding:
Basic and diluted 60,033,282 63,547,510
Net income per share:
Basic and diluted $ 2.58 $ 1.86
13
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
QUARTERLY EARNINGS TREND – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
(In thousands, except share, and per share data)
Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Interest revenue $ 615,925 $ 625,818 $ 644,453 $ 642,427 $ 618,570
Interest expense 273,371 280,537 306,807 314,261 302,319
Net interest income
342,554 345,281 337,646 328,166 316,251
Provision for credit losses — — 2,000 — —
Net interest income after provision for credit losses
342,554 345,281 335,646 328,166 316,251
Other operating revenue:
Brokerage and trading revenue 43,606 47,310 43,239 38,125 31,068
Transaction card revenue 31,965 31,564 29,463 29,561 27,092
Fiduciary and asset management revenue 66,481 68,347 63,878 63,964 60,972
Deposit service charges and fees 32,218 32,039 31,896 31,319 30,275
Mortgage banking revenue 20,963 19,013 19,764 18,993 19,815
Other revenue 14,544 16,591 16,190 15,368 14,894
Total fees and commissions 209,777 214,864 204,430 197,330 184,116
Other gains (losses), net (216) 28,078 8,264 8,140 (725)
Gain (loss) on derivatives, net (4,374) (2,366) (453) 5,535 9,565
Gain (loss) on fair value option securities, net (2,074) 551 630 1,112 325
Change in fair value of mortgage servicing rights 8,155 1,407 (2,375) (5,019) (7,240)
Gain on available-for-sale securities, net — 1,748 213 — —
Total other operating revenue 211,268 244,282 210,709 207,098 186,041
Other operating expense:
Personnel 211,174 222,726 226,347 214,711 214,185
Business promotion 9,226 11,516 9,960 9,139 8,818
Professional fees and services 14,295 18,371 15,137 15,402 13,269
Net occupancy and equipment 33,182 32,693 33,040 32,657 32,992
FDIC and other insurance 5,685 6,078 7,302 6,439 6,587
FDIC special assessment — (9,479) (1,209) (523) 523
Data processing and communications 51,768 51,299 50,062 49,597 47,578
Printing, postage, and supplies 3,679 4,077 4,036 4,067 3,639
Amortization of intangible assets 2,443 2,656 2,656 2,656 2,652
Mortgage banking costs 11,757 10,663 10,668 6,711 7,689
Other expense 10,957 10,454 11,771 13,647 9,597
Total other operating expense 354,166 361,054 369,770 354,503 347,529
Net income before taxes 199,656 228,509 176,585 180,761 154,763
Federal and state income taxes 43,936 51,243 35,714 40,691 34,992
Net income 155,720 177,266 140,871 140,070 119,771
Net income (loss) attributable to non-controlling interests (46) (35) (23) 52 (6)
Net income attributable to BOK Financial Corporation shareholders $ 155,766 $ 177,301 $ 140,894 $ 140,018 $ 119,777
Average shares outstanding:
Basic and diluted 60,033,282 60,916,929 62,840,270 63,208,027 63,547,510
Net income per share:
Basic and diluted $ 2.58 $ 2.89 $ 2.22 $ 2.19 $ 1.86
14
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
FINANCIAL HIGHLIGHTS – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
(In thousands, except ratio, share, and per share data) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Capital:
Period end shareholders' equity $ 5,973,175 $ 5,918,646 $ 6,022,535 $ 5,890,888 $ 5,771,813
Risk-weighted assets $ 40,777,918 $ 38,966,948 $ 38,136,467 $ 37,630,803 $ 38,062,913
Risk-based capital ratios:
Common equity Tier 1 12.61 % 12.90 % 13.60 % 13.59 % 13.31 %
Tier 1 12.61 % 12.90 % 13.61 % 13.60 % 13.31 %
Total capital 14.39 % 14.77 % 14.48 % 14.48 % 14.54 %
Leverage ratio 9.85 % 9.86 % 10.19 % 9.88 % 10.02 %
Tangible common equity ratio1
9.29 % 9.46 % 10.06 % 9.63 % 9.48 %
Common stock:
Book value per share $ 98.31 $ 97.63 $ 95.22 $ 92.61 $ 89.82
Tangible book value per share $ 80.58 $ 79.83 $ 78.11 $ 75.56 $ 72.87
Market value per share:
High $ 138.42 $ 122.16 $ 114.17 $ 104.15 $ 116.29
Low $ 113.53 $ 102.72 $ 96.89 $ 85.08 $ 97.84
Cash dividends paid $ 38,118 $ 38,042 $ 36,122 $ 36,256 $ 36,468
Dividend payout ratio 24.47 % 21.46 % 25.64 % 25.89 % 30.45 %
Shares outstanding, net 60,759,992 60,620,507 63,247,676 63,611,097 64,261,824
Stock buy-back program:
Shares repurchased — 2,617,414 365,547 663,298 10,000
Amount $ — $ 282,645 $ 40,575 $ 62,341 $ 985
Average price paid per share2
$ — $ 107.99 $ 111.00 $ 93.99 $ 98.45
Performance ratios (quarter annualized):
Return on average assets 1.19 % 1.36 % 1.08 % 1.07 % 0.95 %
Return on average equity 10.49 % 11.80 % 9.38 % 9.70 % 8.59 %
Return on average tangible common equity1
12.78 % 14.42 % 11.46 % 11.94 % 10.63 %
Net interest margin 2.90 % 2.98 % 2.91 % 2.80 % 2.78 %
Efficiency ratio1
63.21 % 60.71 % 66.66 % 65.42 % 68.31 %
Adjusted efficiency ratio1
63.21 % 64.89 % 66.88 % 65.52 % 68.21 %
Other data:
Tax-equivalent interest $ 2,610 $ 2,555 $ 2,565 $ 2,574 $ 2,542
Net unrealized loss on available-for-sale securities $ (216,978) $ (132,566) $ (203,682) $ (276,678) $ (363,507)
1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.
2 Excludes 1% excise tax on corporate stock repurchases.
3 Actual interest earned on fair value option securities less internal transfer-priced cost of funds. 15
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
Three Months Ended
(In thousands, except ratio, share, and per share data) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Mortgage banking:
Mortgage production revenue $ 3,926 $ 1,963 $ 2,370 $ 1,707 $ 2,629
Mortgage loans funded for sale $ 230,858 $ 230,376 $ 229,812 $ 219,154 $ 159,816
Add: Current period end outstanding commitments
83,674 49,048 67,842 64,508 60,429
Less: Prior period end outstanding commitments 49,048 67,842 64,508 60,429 36,590
Total mortgage production volume $ 265,484 $ 211,582 $ 233,146 $ 223,233 $ 183,655
Mortgage loan refinances to mortgage loans funded for sale 30 % 27 % 13 % 16 % 12 %
Realized margin on funded mortgage loans 1.22 % 1.10 % 0.96 % 0.66 % 0.91 %
Production revenue as a percentage of production volume 1.48 % 0.93 % 1.02 % 0.76 % 1.43 %
Mortgage servicing revenue $ 17,037 $ 17,050 $ 17,394 $ 17,286 $ 17,186
Average outstanding principal balance of mortgage loans serviced for others $ 22,109,450 $ 21,882,238 $ 22,269,300 $ 22,687,658 $ 23,089,324
Average mortgage servicing revenue rates 0.31 % 0.31 % 0.31 % 0.31 % 0.30 %
Gain (loss) on mortgage servicing rights, net of economic hedge:
Gain (loss) on derivatives, net $ (4,211) $ (2,651) $ (508) $ 5,230 $ 9,183
Gain (loss) on fair value option securities, net (2,074) 551 630 1,112 325
Gain (loss) on economic hedge of mortgage servicing rights (6,285) (2,100) 122 6,342 9,508
Change in fair value of mortgage servicing rights 8,155 1,407 (2,375) (5,019) (7,240)
Gain (loss) on changes in fair value of mortgage servicing rights, net of economic hedges, included in other operating revenue 1,870 (693) (2,253) 1,323 2,268
Net interest income (expense) on fair value option securities3
86 114 169 229 (71)
Total economic benefit (cost) of changes in the fair value of mortgage servicing rights, net of economic hedges $ 1,956 $ (579) $ (2,084) $ 1,552 $ 2,197
1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.
2 Excludes 1% excise tax on corporate stock repurchases.
3 Actual interest earned on fair value option securities less internal transfer-priced cost of funds. 16
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
EXPLANATION AND RECONCILIATION OF NON-GAAP MEASURES – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
(In thousands, except ratio and per share data)
Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Reconciliation of tangible common equity ratio:
Total shareholders' equity $ 5,973,175 $ 5,918,646 $ 6,022,535 $ 5,890,888 $ 5,771,813
Less: Goodwill and intangible assets, net 1,077,052 1,079,501 1,082,125 1,084,749 1,088,813
Tangible common equity $ 4,896,123 $ 4,839,145 $ 4,940,410 $ 4,806,139 $ 4,683,000
Total assets $ 53,760,405 $ 52,237,501 $ 50,193,387 $ 50,998,077 $ 50,472,189
Less: Goodwill and intangible assets, net 1,077,052 1,079,501 1,082,125 1,084,749 1,088,813
Tangible assets $ 52,683,353 $ 51,158,000 $ 49,111,262 $ 49,913,328 $ 49,383,376
Tangible common equity ratio 9.29 % 9.46 % 10.06 % 9.63 % 9.48 %
Reconciliation of return on average tangible common equity:
Total average shareholders' equity $ 6,022,247 $ 5,959,186 $ 5,960,711 $ 5,791,275 $ 5,658,082
Less: Average goodwill and intangible assets, net 1,078,240 1,080,758 1,083,390 1,086,991 1,090,116
Average tangible common equity $ 4,944,007 $ 4,878,428 $ 4,877,321 $ 4,704,284 $ 4,567,966
Net income attributable to BOK Financial Corporation shareholders
$ 155,766 $ 177,301 $ 140,894 $ 140,018 $ 119,777
Return on average tangible common equity 12.78 % 14.42 % 11.46 % 11.94 % 10.63 %
Calculation of efficiency ratio and adjusted efficiency ratio:
Total other operating expense $ 354,166 $ 361,054 $ 369,770 $ 354,503 $ 347,529
Less: Amortization of intangible assets 2,443 2,656 2,656 2,656 2,652
Numerator for efficiency ratio $ 351,723 $ 358,398 $ 367,114 $ 351,847 $ 344,877
Less: FDIC special assessment expense (benefit) — (9,479) (1,209) (523) 523
Numerator for adjusted efficiency ratio $ 351,723 $ 367,877 $ 368,323 $ 352,370 $ 344,354
Net interest income
$ 342,554 $ 345,281 $ 337,646 $ 328,166 $ 316,251
Add: Tax-equivalent adjustment
2,610 2,555 2,565 2,574 2,542
Tax-equivalent net interest income
345,164 347,836 340,211 330,740 318,793
Add: Total other operating revenue 211,268 244,282 210,709 207,098 186,041
Less: Gain on available-for-sale securities, net — 1,748 213 — —
Denominator for efficiency ratio
$ 556,432 $ 590,370 $ 550,707 $ 537,838 $ 504,834
Less: Gain on sale of merchant banking investment — 23,475 — — —
Denominator for adjusted efficiency ratio $ 556,432 $ 566,895 $ 550,707 $ 537,838 $ 504,834
Efficiency ratio 63.21 % 60.71 % 66.66 % 65.42 % 68.31 %
Adjusted efficiency ratio 63.21 % 64.89 % 66.88 % 65.52 % 68.21 %
Reconciliation of pre-provision net revenue:
Net income before taxes $ 199,656 $ 228,509 $ 176,585 $ 180,761 $ 154,763
Add: Provision for expected credit losses
— — 2,000 — —
Less: Net income (loss) attributable to non-controlling interests
(46) (35) (23) 52 (6)
Pre-provision net revenue $ 199,702 $ 228,544 $ 178,608 $ 180,709 $ 154,769
17
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
Three Months Ended
(In thousands, except ratio and per share data)
Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Information on net interest income and net interest margin excluding trading activities:
Net interest income
$ 342,554 $ 345,281 $ 337,646 $ 328,166 $ 316,251
Less: Trading activities net interest income
15,366 13,211 14,325 16,138 15,174
Net interest income excluding trading activities
327,188 332,070 323,321 312,028 301,077
Add: Tax-equivalent adjustment
2,610 2,555 2,565 2,574 2,542
Tax-equivalent net interest income excluding trading activities
$ 329,798 $ 334,625 $ 325,886 $ 314,602 $ 303,619
Average interest-earning assets $ 47,772,044 $ 46,590,610 $ 46,429,240 $ 46,984,071 $ 45,606,324
Less: Average trading activities interest-earning assets 5,617,531 5,295,598 5,603,200 6,876,788 5,881,997
Average interest-earning assets excluding trading activities $ 42,154,513 $ 41,295,012 $ 40,826,040 $ 40,107,283 $ 39,724,327
Net interest margin on average interest-earning assets 2.90 % 2.98 % 2.91 % 2.80 % 2.78 %
Net interest margin on average trading activities interest-earning assets 1.05 % 1.04 % 1.07 % 0.93 % 0.98 %
Net interest margin on average interest-earning assets excluding trading activities 3.15 % 3.22 % 3.16 % 3.12 % 3.05 %
Three Months Ended
(In thousands, except per share data)
Dec. 31, 2025
Reconciliation of adjusted net income and earnings per share:
Net income attributable to BOK Financial Corporation shareholders
$ 177,301
Impact of FDIC special assessment benefit, net of tax
(7,239)
Gain on sale of merchant banking investment, net of tax
(17,928)
Adjusted net income $ 152,134
Earnings per share $ 2.89
Impact of FDIC special assessment benefit, net of tax
(0.12)
Gain on sale of merchant banking investment, net of tax
(0.29)
Adjusted earnings per share
$ 2.48
18
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
Explanation of Non-GAAP Measures
The tangible common equity ratio and return on average tangible common equity are primarily based on total shareholders' equity, which includes unrealized gains and losses on available-for-sale securities, less intangible assets and equity that do not benefit common shareholders. These measures are valuable indicators of a financial institution's capital strength since they eliminate intangible assets from shareholders' equity and retain the effect of unrealized losses on securities and other components of accumulated other comprehensive income in shareholders' equity.
The efficiency ratio and adjusted efficiency ratio measure the company's ability to use its assets and manage its liabilities effectively in the current period.
Pre-provision net revenue is a measure of revenue less expenses and is calculated before provision for credit losses and income tax expense. This financial measure is frequently used by investors and analysts and enables them to assess a company's ability to generate earnings to cover credit losses through a credit cycle. It also provides an additional basis for comparing the results of operations between periods by isolating the impact of the provision for credit losses, which can vary significantly between periods.
Net interest income and net interest margin excluding trading activities removes the effect of trading activities on these metrics allowing management and investors to assess the performance of the company's core lending and deposit activities without the associated volatility from trading activities.
We believe adjusting net income and earnings per share for notable non-core items enhances comparability of results with prior periods, demonstrates the impact of significant items, and provides a useful measure for determining the company's expenses that are core to our business operations and are expected to recur over time.
19
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
LOANS TREND – UNAUDITED
BOK FINANCIAL CORPORATION
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Commercial:
Healthcare $ 3,955,763 $ 4,008,208 $ 3,878,543 $ 3,808,936 $ 3,789,446
Services 3,901,933 3,911,917 3,710,643 3,658,807 3,704,834
Energy 3,005,693 2,882,242 2,681,512 2,734,713 2,860,330
Mortgage finance 228,242 177,765 84,271 — —
General business 4,481,452 4,300,935 4,157,971 4,181,726 4,048,821
Total commercial 15,573,083 15,281,067 14,512,940 14,384,182 14,403,431
Commercial real estate:
Multifamily 2,553,709 2,432,330 2,500,323 2,473,365 2,336,312
Industrial 1,418,626 1,368,436 1,396,795 1,304,211 1,163,089
Office 821,569 814,139 811,601 690,086 704,688
Retail 613,976 573,451 593,835 592,043 497,579
Residential construction and land development 109,480 129,783 122,033 105,701 105,190
Other commercial real estate 367,319 353,867 328,020 356,035 356,678
Total commercial real estate 5,884,679 5,672,006 5,752,607 5,521,441 5,163,536
Loans to individuals:
Residential mortgage 2,784,134 2,731,415 2,676,366 2,610,681 2,471,345
Residential mortgage guaranteed by U.S. government agencies
160,254 158,359 151,642 148,453 133,453
Personal 1,785,243 1,808,615 1,771,639 1,627,454 1,518,723
Total loans to individuals 4,729,631 4,698,389 4,599,647 4,386,588 4,123,521
Total loans
$ 26,187,393 $ 25,651,462 $ 24,865,194 $ 24,292,211 $ 23,690,488
20
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
LOANS MANAGED BY PRINCIPAL MARKET AREA – UNAUDITED
BOK FINANCIAL CORPORATION
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Texas:
Commercial $ 7,489,036 $ 7,383,319 $ 6,800,577 $ 6,893,246 $ 6,953,714
Commercial real estate 2,149,123 2,057,016 2,107,335 1,997,598 1,864,345
Loans to individuals 1,077,386 1,066,827 1,037,831 996,341 929,825
Total Texas 10,715,545 10,507,162 9,945,743 9,887,185 9,747,884
Oklahoma:
Commercial 3,907,911 3,829,109 3,692,319 3,455,696 3,380,680
Commercial real estate 612,981 589,709 574,126 512,075 521,992
Loans to individuals 3,065,886 3,005,460 2,927,185 2,725,320 2,548,549
Total Oklahoma 7,586,778 7,424,278 7,193,630 6,693,091 6,451,221
Colorado:
Commercial 2,125,660 2,127,979 2,132,770 2,185,658 2,246,388
Commercial real estate 596,517 600,668 589,307 791,171 706,154
Loans to individuals 191,721 200,378 208,323 217,088 210,531
Total Colorado 2,913,898 2,929,025 2,930,400 3,193,917 3,163,073
Arizona:
Commercial 1,378,256 1,253,824 1,228,593 1,166,745 1,115,085
Commercial real estate 1,448,141 1,332,658 1,348,838 1,165,927 1,084,967
Loans to individuals 220,116 224,354 222,963 226,727 218,093
Total Arizona 3,046,513 2,810,836 2,800,394 2,559,399 2,418,145
Kansas/Missouri:
Commercial 291,075 282,189 270,068 303,692 298,410
Commercial real estate 537,709 571,331 618,052 556,390 533,335
Loans to individuals 117,617 142,392 142,408 155,154 147,651
Total Kansas/Missouri 946,401 995,912 1,030,528 1,015,236 979,396
New Mexico:
Commercial 308,712 311,636 282,479 282,918 324,321
Commercial real estate 484,623 465,228 458,720 443,516 381,775
Loans to individuals 48,099 49,589 51,056 55,714 57,926
Total New Mexico 841,434 826,453 792,255 782,148 764,022
Arkansas:
Commercial 72,433 93,011 106,134 96,227 84,833
Commercial real estate 55,585 55,396 56,229 54,764 70,968
Loans to individuals 8,806 9,389 9,881 10,244 10,946
Total Arkansas 136,824 157,796 172,244 161,235 166,747
Total BOK Financial $ 26,187,393 $ 25,651,462 $ 24,865,194 $ 24,292,211 $ 23,690,488
Loans attributed to a principal market may not always represent the location of the borrower or the collateral.
21
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
DEPOSITS BY PRINCIPAL MARKET AREA – UNAUDITED
BOK FINANCIAL CORPORATION
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Oklahoma:
Demand $ 3,463,094 $ 3,492,243 $ 3,520,203 $ 3,589,146 $ 3,629,708
Interest-bearing:
Transaction 13,629,679 13,732,961 13,352,070 13,537,068 13,891,707
Savings 561,079 532,284 520,995 521,734 525,424
Time 2,245,523 2,232,078 2,356,945 2,166,094 2,089,744
Total interest-bearing 16,436,281 16,497,323 16,230,010 16,224,896 16,506,875
Total Oklahoma 19,899,375 19,989,566 19,750,213 19,814,042 20,136,583
Texas:
Demand 2,071,766 2,177,256 2,194,177 2,082,652 2,187,903
Interest-bearing:
Transaction 6,447,755 6,691,395 6,427,135 6,203,081 5,925,285
Savings 153,501 149,593 147,560 155,027 155,777
Time 676,876 647,158 649,757 638,657 633,538
Total interest-bearing 7,278,132 7,488,146 7,224,452 6,996,765 6,714,600
Total Texas 9,349,898 9,665,402 9,418,629 9,079,417 8,902,503
Colorado:
Demand 881,440 1,152,203 929,383 1,040,223 1,082,304
Interest-bearing:
Transaction 2,072,825 2,137,579 2,204,899 1,989,284 1,988,258
Savings 58,605 54,809 53,768 55,326 58,318
Time 299,196 282,320 284,962 278,914 274,235
Total interest-bearing 2,430,626 2,474,708 2,543,629 2,323,524 2,320,811
Total Colorado 3,312,066 3,626,911 3,473,012 3,363,747 3,403,115
New Mexico:
Demand 580,900 580,400 591,330 609,205 631,950
Interest-bearing:
Transaction 1,447,506 1,405,940 1,376,694 1,416,741 1,283,998
Savings 99,848 95,630 94,180 94,930 96,969
Time 374,661 354,757 347,227 340,946 344,827
Total interest-bearing 1,922,015 1,856,327 1,818,101 1,852,617 1,725,794
Total New Mexico 2,502,915 2,436,727 2,409,431 2,461,822 2,357,744
Arizona:
Demand 398,102 365,007 368,432 385,442 451,085
Interest-bearing:
Transaction 1,439,796 1,450,416 1,406,300 1,467,509 1,312,979
Savings 11,593 14,656 13,571 10,536 11,125
Time 73,912 72,286 71,886 72,041 70,758
Total interest-bearing 1,525,301 1,537,358 1,491,757 1,550,086 1,394,862
Total Arizona 1,923,403 1,902,365 1,860,189 1,935,528 1,845,947
22
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
(In thousands) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Kansas/Missouri:
Demand 271,399 281,263 282,235 269,408 279,808
Interest-bearing:
Transaction 1,203,155 1,194,500 1,151,956 1,169,161 1,202,107
Savings 16,222 14,256 14,251 13,719 14,504
Time 38,542 37,820 37,563 35,768 36,307
Total interest-bearing 1,257,919 1,246,576 1,203,770 1,218,648 1,252,918
Total Kansas/Missouri 1,529,318 1,527,839 1,486,005 1,488,056 1,532,726
Arkansas:
Demand 27,628 33,558 21,416 22,685 25,738
Interest-bearing:
Transaction 111,487 237,279 64,174 61,079 57,696
Savings 2,859 2,695 2,411 2,485 2,602
Time 18,099 12,664 14,538 17,248 17,019
Total interest-bearing 132,445 252,638 81,123 80,812 77,317
Total Arkansas 160,073 286,196 102,539 103,497 103,055
Total BOK Financial $ 38,677,048 $ 39,435,006 $ 38,500,018 $ 38,246,109 $ 38,281,673
23
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
NET INTEREST MARGIN TREND – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Tax-equivalent asset yields
Interest-bearing cash and cash equivalents 3.60 % 3.85 % 4.39 % 4.46 % 4.48 %
Trading securities 4.64 % 4.83 % 5.25 % 5.05 % 5.07 %
Investment securities, net of allowance 1.41 % 1.41 % 1.41 % 1.41 % 1.42 %
Available-for-sale securities 3.93 % 3.94 % 3.93 % 3.89 % 3.82 %
Fair value option securities 4.83 % 4.83 % 5.45 % 5.90 % 3.72 %
Restricted equity securities 7.39 % 7.22 % 7.84 % 7.73 % 7.51 %
Residential mortgage loans held for sale 5.42 % 5.84 % 6.08 % 6.13 % 6.03 %
Loans 6.25 % 6.48 % 6.70 % 6.71 % 6.71 %
Allowance for loan losses
Loans, net of allowance 6.31 % 6.55 % 6.78 % 6.79 % 6.79 %
Total tax-equivalent yield on earning assets 5.23 % 5.36 % 5.53 % 5.47 % 5.45 %
Cost of interest-bearing liabilities:
Interest-bearing deposits:
Transaction
2.67 % 2.88 % 3.14 % 3.17 % 3.21 %
Savings 0.54 % 0.54 % 0.55 % 0.54 % 0.56 %
Time 3.53 % 3.64 % 3.73 % 3.83 % 4.10 %
Total interest-bearing deposits 2.71 % 2.91 % 3.14 % 3.17 % 3.24 %
Funds purchased and repurchase agreements 2.90 % 3.47 % 3.29 % 3.50 % 3.05 %
Other borrowings 3.90 % 4.22 % 4.54 % 4.49 % 4.57 %
Subordinated debt 6.14 % 6.12 % — % 6.38 % 6.44 %
Total cost of interest-bearing liabilities 2.92 % 3.06 % 3.33 % 3.40 % 3.42 %
Tax-equivalent net interest spread
2.31 % 2.30 % 2.20 % 2.07 % 2.03 %
Effect of noninterest-bearing funding sources and other 0.59 % 0.68 % 0.71 % 0.73 % 0.75 %
Tax-equivalent net interest margin 2.90 % 2.98 % 2.91 % 2.80 % 2.78 %
Yield calculations are shown on a tax-equivalent basis at the statutory federal and state rates for the periods presented. The yield calculations exclude security trades that have been recorded on trade date with no corresponding interest income and the unrealized gains and losses. The yield calculation also includes average loan balances for which the accrual of interest has been discontinued and are net of unearned income. Yield/rate calculations are generally based on the conventions that determine how interest income and expense is accrued.
24
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
CREDIT QUALITY INDICATORS – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
(In thousands, except ratios) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Nonperforming assets:
Nonaccruing loans:
Commercial:
Healthcare $ 21,138 $ 23,490 $ 24,507 $ 28,743 $ 29,253
Services 1,260 6,135 7,647 11,329 13,662
Energy — — 31 40 49
General business 2,868 6,477 85 45 103
Total commercial 25,266 36,102 32,270 40,157 43,067
Commercial real estate 6,601 6,697 6,809 6,925 13,125
Loans to individuals:
Permanent mortgage 20,175 18,263 21,255 20,654 20,502
Permanent mortgage guaranteed by U.S. government agencies 7,768 8,586 7,348 6,978 6,786
Personal 194 4,712 4,712 4,613 40
Total loans to individuals 28,137 31,561 33,315 32,245 27,328
Total nonaccruing loans 60,004 74,360 72,394 79,327 83,520
Real estate and other repossessed assets 15 176 1,751 1,729 1,769
Total nonperforming assets $ 60,019 $ 74,536 $ 74,145 $ 81,056 $ 85,289
Total nonperforming assets excluding those guaranteed by U.S. government agencies $ 52,251 $ 65,950 $ 66,797 $ 74,078 $ 78,503
Accruing loans 90 days past due1
$ 2,411 $ — $ 1,135 $ 1,388 $ 3,258
Gross charge-offs $ 3,176 $ 2,353 $ 4,348 $ 1,313 $ 2,291
Recoveries (1,303) (907) (721) (752) (1,186)
Net charge-offs (recoveries) $ 1,873 $ 1,446 $ 3,627 $ 561 $ 1,105
Provision for loan losses $ 3,732 $ (386) $ 4,270 $ (984) $ (336)
Provision for credit losses from off-balance sheet unfunded loan commitments (5,934) 487 (2,208) 904 448
Provision for expected credit losses from mortgage banking activities 2,213 (95) (74) 77 (82)
Provision for credit losses related to held-to-maturity (investment) securities portfolio (11) (6) 12 3 (30)
Total provision for credit losses $ — $ — $ 2,000 $ — $ —
1 Excludes residential mortgage loans guaranteed by agencies of the U.S. government.
25
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
Three Months Ended
(In thousands, except ratios) Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 June 30, 2025 Mar. 31, 2025
Allowance for loan losses to period end loans 1.06 % 1.08 % 1.12 % 1.14 % 1.18 %
Combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments to period end loans 1.23 % 1.28 % 1.32 % 1.36 % 1.40 %
Nonperforming assets to period end loans and repossessed assets 0.23 % 0.29 % 0.30 % 0.33 % 0.36 %
Net charge-offs (annualized) to average loans 0.03 % 0.02 % 0.06 % 0.01 % 0.02 %
Allowance for loan losses to nonaccruing loans1
531.66 % 419.41 % 426.92 % 382.93 % 363.06 %
Combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments to nonaccruing loans1
618.45 % 497.36 % 504.99 % 456.18 % 430.95 %
1 Excludes residential mortgage loans guaranteed by agencies of the U.S. government.
26
BOK Financial Corporation Quarterly Earnings Release
Exhibit 99.1(b)
SEGMENTS – UNAUDITED
BOK FINANCIAL CORPORATION
Three Months Ended
1Q26 vs 4Q25
1Q26 vs 1Q25
(In thousands, except ratios)
Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2025 Change % Change Change % Change
Commercial Banking:
Net interest income $ 173,473 $ 180,950 $ 178,258 $ (7,477) (4.1) % $ (4,785) (2.7) %
Fees and commissions revenue 59,010 61,878 55,157 (2,868) (4.6) % 3,853 7.0 %
Combined net interest income and fee revenue 232,483 242,828 233,415 (10,345) (4.3) % (932) (0.4) %
Other operating expense 82,308 88,187 78,480 (5,879) (6.7) % 3,828 4.9 %
Corporate allocations 16,046 17,189 17,055 (1,143) (6.6) % (1,009) (5.9) %
Net income before taxes 134,787 162,142 138,096 (27,355) (16.9) % (3,309) (2.4) %
Average assets $ 22,679,465 $ 22,139,520 $ 21,400,745 $ 539,945 2.4 % $ 1,278,720 6.0 %
Average loans 21,232,965 20,650,624 19,965,166 582,341 2.8 % 1,267,799 6.4 %
Average deposits 18,306,337 18,492,793 17,769,083 (186,456) (1.0) % 537,254 3.0 %
Consumer Banking:
Net interest income $ 55,989 $ 57,163 $ 57,252 $ (1,174) (2.1) % $ (1,263) (2.2) %
Fees and commissions revenue 40,937 37,598 36,795 3,339 8.9 % 4,142 11.3 %
Combined net interest income and fee revenue 96,926 94,761 94,047 2,165 2.3 % 2,879 3.1 %
Other operating expense 63,493 64,768 57,236 (1,275) (2.0) % 6,257 10.9 %
Corporate allocations 14,686 13,292 15,435 1,394 10.5 % (749) (4.9) %
Net income before taxes 19,168 15,054 22,122 4,114 27.3 % (2,954) (13.4) %
Average assets $ 8,452,393 $ 8,396,499 $ 8,201,821 $ 55,894 0.7 % $ 250,572 3.1 %
Average loans 2,584,226 2,516,158 2,206,553 68,068 2.7 % 377,673 17.1 %
Average deposits 8,389,039 8,346,245 8,154,762 42,794 0.5 % 234,277 2.9 %
Wealth Management:
Net interest income $ 42,974 $ 44,061 $ 44,502 $ (1,087) (2.5) % $ (1,528) (3.4) %
Fees and commissions revenue 110,424 116,110 96,336 (5,686) (4.9) % 14,088 14.6 %
Combined net interest income and fee revenue 153,398 160,171 140,838 (6,773) (4.2) % 12,560 8.9 %
Other operating expense 98,169 102,725 94,266 (4,556) (4.4) % 3,903 4.1 %
Corporate allocations 17,155 14,764 13,854 2,391 16.2 % 3,301 23.8 %
Net income before taxes 37,541 42,689 32,726 (5,148) (12.1) % 4,815 14.7 %
Average assets $ 11,370,683 $ 11,276,162 $ 11,367,435 $ 94,521 0.8 % $ 3,248 — %
Average loans 2,430,864 2,393,802 2,187,599 37,062 1.5 % 243,265 11.1 %
Average deposits 10,782,785 10,703,630 10,702,521 79,155 0.7 % 80,264 0.7 %
Fiduciary assets 74,350,101 77,006,744 68,059,837 (2,656,643) (3.4) % 6,290,264 9.2 %
Assets under management or administration 123,586,715 126,614,658 113,956,563 (3,027,943) (2.4) % 9,630,152 8.5 %
Certain prior period amounts have been reclassified to conform to current period presentation.
27
EX-99.2
EX-99.2
Filename: a20260331bokfearningscal.htm · Sequence: 3
a20260331bokfearningscal
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic April 21, 2026 Q1 Earnings Conference Call
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs, assumptions, current expectations, estimates and projections about BOK Financial Corporation, the financial services industry, and the economy generally. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “plans,” "outlook," “projects,” “will,” “intends,” "may," "could,""should," "would," "potential," "continue","seek," "target," variations of such words and similar expressions are intended to identify such forward-looking statements. Management judgments relating to and discussion of the provision and allowance for credit losses, allowance for uncertain tax positions, accruals for loss contingencies and valuation of mortgage servicing rights involve judgments as to expected events and are inherently forward-looking statements. Assessments that acquisitions and growth endeavors will be profitable are statements of belief as to the outcome of future events based in part on information provided by others which BOK Financial has not independently verified and for which BOK Financial assumes no responsibility for the accuracy or completeness. These various forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions which are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. All statements other than statements of historical fact are forward-looking statements. Therefore, actual results and outcomes may materially differ from what is expected, implied or forecasted in such forward-looking statements. Internal and external factors that might cause such a difference include, but are not limited to changes in government, changes in governmental economic policy, including tariffs; changes in commodity prices; interest rates and interest rate relationships; inflation; demand for products and services; the degree of competition by traditional and nontraditional competitors; changes in banking regulations; tax laws; prices, levies and assessments; the impact of technological advances; trends in customer behavior as well as their ability to repay loans; credit quality deterioration; cybersecurity incidents and data breaches; operational failures or interruptions; liquidity risks; capital adequacy requirements; litigation and regulatory enforcement actions; and other risks detailed in BOK Financial Corporation's filings with the Securities and Exchange Commission. For a discussion of risk factors that may cause actual results to differ from expectations, please refer to BOK Financial Corporation’s most recent annual and quarterly reports. BOK Financial Corporation and its affiliates undertake no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise. 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 Form 8-K filings furnished pursuant to Item 2.02, which can be accessed at bokf.com. All data is presented as of March 31, 2026 unless otherwise noted. Legal Disclaimers 2
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Stacy Kymes Chief Executive Officer 3
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Q1 Financial Highlights * Non-GAAP measure Attributable to shareholders Per share (diluted) Net Income • Net income was $155.8 million, or $2.58 per diluted share, compared to $177.3 million, or $2.89 per diluted share in the prior quarter. Excluding the gain recognized on the sale of a merchant banking investment and the FDIC special assessment benefit, net income would have been $152.1 million, or $2.48 per diluted share, in the fourth quarter of 2025* • Net interest margin declined 8 basis points to 2.90% and core net interest margin, excluding trading, declined 7 basis points to 3.15%* • Period end loans grew $536 million, or 2.1% sequentially to $26.2 billion with strong growth throughout our Commercial and Commercial Real Estate portfolios. Period end loans grew $2.5 billion or 10.5% compared to the first quarter of 2025 • Net charge-offs were 3 basis points of average loans on an annualized basis in the first quarter • Continued strong capital and liquidity position with TCE at 9.3% and a loan to deposit ratio of 68% 4 $119.8 $140.0 $140.9 $177.3 $155.8 $1.86 $2.19 $2.22 $2.89 $2.58 1Q25 2Q25 3Q25 4Q25 1Q26 ($Million, exc. EPS) Q1 2026 Q4 2025 Q1 2025 Net income $155.8 $177.3 $119.8 Diluted EPS $2.58 $2.89 $1.86 Net income before taxes $199.7 $228.5 $154.8 Provision for credit losses $0.0 $0.0 $0.0 Pre-provision net revenue* $199.7 $228.5 $154.8 Efficiency ratio* 63.2% 60.7% 68.3% Revenue Composition as of 3/31/2026 62% 8% 12% 6% 6% 4% 2% Net Interest Income Trading & Brokerage Fiduciary & Asset Management Transaction Card Deposit Service Charges Mortgage Banking Other Revenue
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Additional Details 5 ◦ Period end loan balances increased $536 million, led by strong growth in our Arizona, Texas, and Oklahoma markets with broad- based growth in our Commercial and Commercial Real Estate portfolios. Average loan balances grew $683 million ◦ Average deposits declined $1.0 billion in Q1. Opportunistically acquired wholesale deposits in the prior quarter were replaced with wholesale borrowings during the first quarter ◦ The loan to deposit ratio increased to 68% at March 31 from 65% at December 31, but continues to be well below the pre- pandemic level of 79% at Dec. 31, 2019 ◦ Assets under management or administration decreased $3.0 billion to $123.6 billion, driven by lower market valuations and normal seasonal distributions ($Billion) Q1 2026 Quarterly Sequential Quarterly YOY Period End Loans $26.2 2.1% 10.5% Average Loans $25.9 2.7% 7.7% Period End Deposits $38.7 (1.9)% 1.0% Average Deposits $39.0 (2.5)% 1.6% Fiduciary Assets $74.4 (3.4)% 9.2% Assets Under Management or Administration $123.6 (2.4)% 8.5%
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Loan Portfolio • Total Commercial loans grew $292 million or 1.9% sequentially • Combined Services & General Business (Core C&I) balances increased $171 million or 2.1% linked quarter • Energy balances increased $123 million or 4.3%, reflecting continued reversal of the elevated payoff activity experienced in 2025 • Healthcare balances decreased $52 million or 1.3% linked quarter, reflecting cyclical payoff activity • Commercial Real Estate loan balances increased $213 million or 3.7% linked quarter, led by growth in multifamily, industrial, and retail 6 ($Million) Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2025 Seq. Loan Growth YOY Loan Growth Energy $ 3,005.7 $ 2,882.2 $ 2,860.3 4.3% 5.1% Services 3,901.9 3,911.9 3,704.8 (0.3)% 5.3% Healthcare 3,955.8 4,008.2 3,789.4 (1.3)% 4.4% Mortgage Finance 228.2 177.8 — 28.4% N/A General Business 4,481.5 4,300.9 4,048.8 4.2% 10.7% Total Commercial $ 15,573.1 $ 15,281.1 $ 14,403.4 1.9% 8.1% Multifamily $ 2,553.7 $ 2,432.3 $ 2,336.3 5.0% 9.3% Industrial 1,418.6 1,368.4 1,163.1 3.7% 22.0% Office 821.6 814.1 704.7 0.9% 16.6% Retail 614.0 573.5 497.6 7.1% 23.4% Residential Construction and Land Development 109.5 129.8 105.2 (15.6)% 4.1% Other Commercial Real Estate 367.3 353.9 356.7 3.8% 3.0% Total Commercial Real Estate $ 5,884.7 $ 5,672.0 $ 5,163.5 3.7% 14.0% Loans to individuals $ 4,729.6 $ 4,698.4 $ 4,123.5 0.7% 14.7% Total Loans $ 26,187.4 $ 25,651.5 $ 23,690.5 2.1% 10.5%
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Credit Quality Metrics • Credit quality continues to be strong with nonperforming assets, excluding loans guaranteed by U.S. government agencies, totaling $52 million or 0.20% of outstanding loans and repossessed assets • Trailing 12 months net charge-offs at 3 bps with net charge- offs of $1.9 million during Q1 • No provision for credit losses was necessary for the quarter as the favorable impact of higher projected oil prices in our energy portfolio and improved credit quality was offset by loan growth and a slight downward revision to economic forecast assumptions • Combined allowance for credit losses of $323 million or 1.23% at quarter end Net Charge-Offs to Average Loans NPA (ex Govt. Guaranteed) as % of Total Loans Annualized 7 0.02% 0.01% 0.06% 0.02% 0.03% 1Q25 2Q25 3Q25 4Q25 1Q26 0.00% 0.10% 0.20% 19.1% 18.0% 10.1% 10.3% 11.3% 12.1% 11.0% 4Q18 4Q19 1Q25 2Q25 3Q25 4Q25 1Q26 —% 10.0% 20.0% 30.0% Committed Criticized Assets / Tier 1 Capital & Reserves 1Q 20 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 —% 0.25% 0.50% 0.75% 1.00% 1.25% 1.50% 1.75%
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Scott Grauer EVP, Wealth Management Executive 8
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Fee Income - Markets & Securities Trading Fees • Trading fee income decreased $1.6 million reflecting continued mix shift in total trading revenue from Trading fees to Trading NII* Investment Banking Fees • Investment banking revenue, which includes investment banking fees and syndication fees, decreased $4.1 million, largely affected by seasonality Mortgage Production Revenue • Mortgage production revenue increased $2.0 million related to increased production volumes and refinance activity 9 ($Million) Q1 2026 Qtr. Seq. $ Change Qtr. Seq. % Change Qtr. YOY % Change Trading Fees $ 19.3 $ (1.6) (7.8)% 138.2% Mortgage Servicing 17.0 — (0.1)% (0.9)% Mortgage Production 3.9 2.0 100.0% 49.3% Customer Hedging Fees 7.8 1.1 17.1% (6.8)% Brokerage Fees 6.3 0.9 16.0% 27.3% Syndication Fees 4.5 (2.0) (30.8)% 40.3% Investment Banking Fees 5.7 (2.1) (27.0)% (11.5)% Markets & Securities $ 64.6 (1.8) (2.6)% 26.9% ($Million) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Trading Fees $ 19.3 $ 20.9 $ 15.5 $ 14.4 $ 8.1 Trading NII* 15.4 13.2 14.3 16.1 15.2 Total Trading Revenue $ 34.7 $ 34.1 $ 29.8 $ 30.5 $ 23.3 A A Total Trading Revenue A + B B * Non-GAAP measure
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Fee Income - Asset Management & Transactions • Fiduciary and asset management revenue decreased $1.9 million, primarily from higher transaction- related fees recognized in the prior quarter • Assets under management or administration (“AUMA”) decreased $3.0 billion during the quarter driven by lower market valuations and normal seasonal distributions • Transaction card revenue grew to $32.0 million this quarter, marking another record quarter 10 ($Million) Q1 2026 Qtr. Seq. $ Change Qtr. Seq. % Change Qtr. YOY % Change Markets & Securities $ 64.6 $ (1.8) (2.6)% 26.9% Fiduciary & Asset Management 66.5 (1.9) (2.7)% 9.0% Transaction Card 32.0 0.4 1.3% 18.0% Deposit Service Charges & Fees 32.2 0.2 0.6% 6.4% Other Revenue 14.5 (2.0) (12.3)% (2.3)% Asset Management & Transactions 145.2 (3.3) (2.2)% 9.0% Total Fees & Commissions $ 209.8 $ (5.1) (2.4)% 13.9% 2+1 1 2
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Marty Grunst EVP, Chief Financial Officer 11
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Yields, Rate & Margin Net Interest Income • Net interest income declined $2.7 million linked quarter, driven by seasonal declines in DDA balances, shorter day count in the first quarter, and the funding of temporary margin posted on behalf of our energy customers. Core net interest income, excluding trading, decreased $4.8 million* Net Interest Margin • 8 basis point NIM decrease with core net interest margin, excluding trading,* declining 7 basis points 12 ($Million) Q1 2026 Q4 2025 Q1 2025 Quarterly Sequential Quarterly YOY Net Interest Income $342.6 $345.3 $316.3 (0.8)% 8.3% Net Interest Margin 2.90% 2.98% 2.78% (8) bps 12 bps Yield on Loans 6.25% 6.48% 6.71% (23) bps (46) bps Tax-equivalent Yield on Earning Assets 5.23% 5.36% 5.45% (13) bps (22) bps Cost of Interest-bearing Deposits 2.71% 2.91% 3.24% (20) bps (53) bps Rate on Interest- bearing Liabilities 2.92% 3.06% 3.42% (14) bps (50) bps Net Interest Income ($Million) $301.1 $312.0 $323.3 $332.1 $327.2 $15.2 $16.1 $14.3 $13.2 $15.4 NII excl. Trading* Trading NII 1Q25 2Q25 3Q25 4Q25 1Q26 $0 $100 $200 $300 $400 2.78% 2.80% 2.91% 2.98% 2.90% 3.05% 3.12% 3.16% 3.22% 3.15% Reported NIM NIM excl. Trading* 1Q25 2Q25 3Q25 4Q25 1Q26 2.50% 3.00% 3.50% 4.00% Net Interest Margin * Non-GAAP measure
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Expenses • Personnel expenses were down $11.6 million, primarily driven by lower incentive compensation costs • Cash-based incentive compensation decreased $7.0 million as the fourth quarter was elevated, primarily driven by strong results in both commercial and wealth production volumes • Regular compensation decreased $2.5 million, reflecting normalization of quarterly compensation expense as the majority of transitional personnel costs from talent base alignment were recognized in the prior quarter • Excluding the impact of the FDIC special assessment adjustment in the prior quarter, non-personnel expense decreased $4.8 million, primarily related to lower professional fees 13 ($Million) Q1 2026 Q4 2025 Q1 2025 Quarterly Sequential Quarterly YOY Total Personnel Expense $211.2 $222.7 $214.2 (5.2)% (1.4)% Memo: Deferred compensation** 0.2 2.4 (0.7) N/A N/A Total Personnel Expense (Excluding Deferred Compensation) $211.0 $220.3 $214.9 (4.2)% (1.8)% Non-Personnel Expense $143.0 $138.3 $133.3 3.4% 7.2% Total Operating Expense $354.2 $361.1 $347.5 (1.9)% 1.9% Efficiency Ratio* 63.2% 60.7% 68.3% Adjusted Efficiency Ratio* 63.2% 64.9% 68.2% * Non-GAAP measure **Other gains and losses, net includes deferred compensation losses of $1.8 million in Q1 2026, gains of $3.7 million in Q4 2025, and losses of $1.1 million in Q1 2025.
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic 2026 Full Year Outlook 14 Bold represents changes compared to the prior quarter. *Refer to Slide #2 regarding forward looking statements, expectations above assume no change to economic environment. **Non-GAAP measure. Refer to Form-10K furnished on February 18, 2026. Business Driver 2025 Actuals FY '26 As of 04/21/26* Notes EOP Loans $25.7 billion 10% area Continuing our recent broad-based loan growth trends in our existing portfolio, and expansion of Mortgage Finance. EOP Inv Securities $15.4 billion Flat Net Interest Income $1.3 billion $1.42 to $1.45 billion Assumes no rate cuts in 2026, consistent with market implied forwards. Fees & Commissions $801 million $820 to $845 million Reflects mid‑single‑digit fee growth excluding trading, as a no‑rate‑cut outlook modestly shifts trading revenues toward fee income. Total Revenue $2.2 billion Mid single-digit growth rate Expenses $1.4 billion Low single-digit growth Efficiency Ratio** 65.1% 63% area Provision Expense $2 million $15 to $35 million Credit outlook is strong. Assumes near 10% loan growth and a gradual migration toward more normal levels of credit performance.
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Question & Answer Session 15
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Stacy Kymes Chief Executive Officer 16
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Appendix 17
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Credit Resilience Disciplined Credit Concentration • CRE limit on total committed balances is 185% of tier one capital plus reserves • Office CRE outstandings only comprise 3% of total loans 18 100 year history in energy lending and a tested playbook • 72% oil / 28% gas-weighted borrowers • Robust stress testing process with 18 petroleum engineers and analysts on staff * '26 YTD has been annualized for comparability with prior periods.
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Securities and Interest Rate Risk Position Interest Rate Risk • Approximately 76% of the total loan portfolio is variable rate or fixed rate that reprice within a year • Approximately 84% of Commercial and Commercial Real Estate portfolios are variable rate or fixed rate that reprice within a year • Sensitivity to betas - The impact of decreasing our deposit beta by 10% in a down -100 interest rate scenario is 0.13% on NII 19 Scenario Δ NII % Δ NII $ Down 200 Ramp, year 1 1.81% $26.9 million Down 100 Ramp, year 1 0.76% $11.2 million Up 100 Ramp, year 1 (0.81)% $(12.0) million Up 200 Ramp, year 1 (1.86)% $(27.6) million Securities Portfolio • Short duration with limited extension, current portfolio duration is 3.0 years, extending to only 3.6 years if rates increase 200 bps • RMBS portfolio is all "AAA" rated with average credit enhancement of ~18% • Portfolio runoff for Q1 2026 was $707 million 94% 5% 1% Govt/GSE Guaranteed RMBS Muni BOKF Securities by Guarantee Type 03/31/2026
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Quarterly Financial Summary 20
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Quarterly Financial Summary cont. 21
Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic
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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
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X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
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dei_LocalPhoneNumber
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
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Namespace Prefix:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
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Data Type:
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Balance Type:
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- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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