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Bok Finl Corp Financials

BOKF
Trailing 12 months to June 30, 2026
Revenue $2.5B -2.1% YoY
Net Income $650.5M +21.4% YoY
EPS (Diluted) $10.62 +27.0% YoY
Free Cash Flow $1.3B +81.1% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Bok Finl Corp (BOKF) reported $2.5B in revenue over the twelve months to Jun 30, 2026, down 2.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BOKF FY2025

BOK Financial’s dominant mechanic is balance-sheet intermediation: earnings recover while leverage moderates and cash flow swings independently of profit.

FY2025 paired a 10.4% increase in net income with a 4.0% revenue decline from FY2024, so the earnings recovery did not require top-line expansion. Lower interest expense alongside the rebound in net margin points to financing-cost relief or mix effects, not a simple volume story.

Debt-to-equity fell from 1.7x in FY2023 to 0.8x in FY2025, marking a substantial reduction from the period’s peak leverage. Assets nevertheless reached $52.2B in FY2025, indicating the balance sheet expanded while the capital structure became more restrained.

Operating cash flow swung from $66M in FY2023 to $1.4B in FY2024. It then fell to $740M in FY2025 while net income reached $578M, showing that reported cash generation is materially influenced by balance-sheet flows rather than tracking earnings smoothly; a single year’s cash-flow result is therefore a poor stand-in for recurring earning power.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Earnings Growth Capital Efficiency CreditQuality Stability 63 / 100
Financial Health Score 63/100
Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Bok Finl Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings
66
Growth
28
Capital
50
Efficiency
43
Credit Quality
96
Stability
96
Piotroski F-Score Partial
6/7

Bok Finl Corp passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.28x

For every $1 of reported earnings, Bok Finl Corp generates $1.28 in operating cash flow ($739.6M OCF vs $578.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.5B
YoY-4.0%
5Y CAGR+14.8%
10Y CAGR+12.7%

Bok Finl Corp generated $2.5B in revenue in fiscal year 2025. This represents a decrease of 4.0% from the prior year.

Net Income
$578.0M
YoY+10.4%
5Y CAGR+5.8%
10Y CAGR+7.2%

Bok Finl Corp reported $578.0M in net income in fiscal year 2025. This represents an increase of 10.4% from the prior year.

EPS (Diluted)
$9.17
YoY+12.7%
5Y CAGR+8.2%
10Y CAGR+8.1%

Bok Finl Corp earned $9.17 per diluted share (EPS) in fiscal year 2025. This represents an increase of 12.7% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
$575.2M
YoY-54.3%
10Y CAGR+34.1%

Bok Finl Corp generated $575.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 54.3% from the prior year.

Cash & Debt
$1.7B
YoY+15.6%
5Y CAGR+7.0%
10Y CAGR-4.6%

Bok Finl Corp held $1.7B in cash against $4.6B in long-term debt as of fiscal year 2025.

Dividends Per Share
$2.34
YoY+5.4%
5Y CAGR+2.7%
10Y CAGR+3.3%

Bok Finl Corp paid $2.34 per share in dividends in fiscal year 2025. This represents an increase of 5.4% from the prior year.

Shares Outstanding
61M
YoY-5.5%
5Y CAGR-2.7%
10Y CAGR-0.9%

Bok Finl Corp had 61M shares outstanding in fiscal year 2025. This represents a decrease of 5.5% from the prior year.

Margins & Returns

Net Margin
22.8%
YoY+3.0pp
5Y CAGR-11.4pp
10Y CAGR-14.8pp

Bok Finl Corp's net profit margin was 22.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.0 percentage points from the prior year.

Return on Equity
9.8%
YoY+0.3pp
5Y CAGR+1.5pp
10Y CAGR+0.8pp

Bok Finl Corp's ROE was 9.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks
$413.2M
YoY+359.9%
5Y CAGR+40.4%
10Y CAGR+6.1%

Bok Finl Corp spent $413.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 359.9% from the prior year.

Capital Expenditures
$164.4M
YoY-4.2%
5Y CAGR+3.1%
10Y CAGR-4.7%

Bok Finl Corp invested $164.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.2% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

BOKF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BOKF quarterly income statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Revenue$639.1M+3.8%$615.9M-1.6%$625.8M-2.9%$644.5M+0.3%$642.4M+3.9%$618.6M-3.2%$639.1M-6.1%$680.3M
SG&A Expenses$214.1M+1.4%$211.2M-5.2%$222.7M-1.6%$226.3M+5.4%$214.7M+0.2%$214.2M+1.7%$210.7M+1.9%$206.8M
Interest Expense$287.3M+5.1%$273.4M-2.6%$280.5M-8.6%$306.8M-2.4%$314.3M+4.0%$302.3M-7.3%$326.1M-12.4%$372.2M
Income Tax$51.1M+16.4%$43.9M-14.3%$51.2M+43.5%$35.7M-12.2%$40.7M+16.3%$35.0M-10.9%$39.3M+17.9%$33.3M
Net Income$176.5M+13.3%$155.8M-12.1%$177.3M+25.8%$140.9M+0.6%$140.0M+16.9%$119.8M-12.0%$136.2M-2.7%$140.0M
EPS (Diluted)$2.92+13.2%$2.58-11.0%$2.90+30.6%$2.22+1.4%$2.19+17.7%$1.86-12.7%$2.13-2.3%$2.18

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.

BOKF Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BOKF quarterly balance sheet
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Total Assets$53.2B-1.1%$53.8B+2.9%$52.2B+4.1%$50.2B-1.6%$51.0B+1.0%$50.5B+1.6%$49.7B-0.8%$50.1B
Cash & Equivalents$1.5B+7.7%$1.4B-14.8%$1.7B+16.3%$1.4B+4.9%$1.4B-4.1%$1.4B-1.3%$1.4B-2.8%$1.5B
Goodwill$1.0B0.0%$1.0B0.0%$1.0B0.0%$1.0B0.0%$1.0B0.0%$1.0B0.0%$1.0B0.0%$1.0B
Total Liabilities$47.1B-1.4%$47.8B+3.2%$46.3B+4.9%$44.2B-2.1%$45.1B+0.9%$44.7B+1.3%$44.1B-0.7%$44.5B
Long-Term DebtN/AN/A$4.6BN/AN/AN/A$4.5BN/A
Total Equity$6.1B+1.8%$6.0B+0.9%$5.9B-1.7%$6.0B+2.2%$5.9B+2.1%$5.8B+4.0%$5.5B-1.1%$5.6B
Retained Earnings$6.3B+2.3%$6.1B+2.0%$6.0B+2.4%$5.9B+1.8%$5.8B+1.8%$5.7B+1.5%$5.6B+1.8%$5.5B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.

BOKF Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

BOKF quarterly cash flow statement
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Operating Cash Flow$1.1B+551.5%-$248.7M-4.5%-$237.9M-127.4%$867.8M+870.8%$89.4M+341.3%$20.3M-96.3%$541.0M+119.3%$246.7M
Capital Expenditures$47.2M+32.2%$35.7M-38.7%$58.3M+98.7%$29.3M+2.7%$28.6M-40.8%$48.2M+2.3%$47.1M+26.8%$37.2M
Free Cash Flow$1.1B+478.2%-$284.4M+4.0%-$296.2M-135.3%$838.5M+1278.4%$60.8M+317.5%-$28.0M-105.7%$493.9M+135.7%$209.5M
Investing Cash Flow-$866.6M-33.2%-$650.7M+12.0%-$739.4M-39.4%-$530.5M+22.7%-$686.6M-257.9%$434.7M+413.1%-$138.8M-117.8%$780.8M
Financing Cash Flow-$147.2M-122.5%$653.7M-45.9%$1.2B+547.3%-$270.3M-150.1%$539.6M+214.1%-$473.0M-6.6%-$443.5M+29.3%-$627.6M
Dividends Paid$38.2M+1.5%$37.6M-1.5%$38.2M+5.4%$36.3M-0.8%$36.5M+0.2%$36.5M-1.1%$36.9M+4.9%$35.1M
Share Buybacks$8.2M$0-100.0%$308.4M+652.6%$41.0M-34.7%$62.8M+6218.0%$994K+1190.9%$77K$0

BOKF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

BOKF quarterly financial ratios
MetricQ2'26Q1'26Q4'25Q3'25Q2'25Q1'25Q4'24Q3'24
Net Margin27.6%+2.3pp25.3%-3.0pp28.3%+6.5pp21.9%+0.1pp21.8%+2.4pp19.4%-1.9pp21.3%+0.7pp20.6%
Return on Equity2.9%+0.3pp2.6%-0.4pp3.0%+0.7pp2.3%0.0pp2.4%+0.3pp2.1%-0.4pp2.5%0.0pp2.5%
Return on Assets0.3%0.0pp0.3%-0.1pp0.3%+0.1pp0.3%0.0pp0.3%0.0pp0.2%0.0pp0.3%0.0pp0.3%
Debt-to-Equity7.74-0.3x8.00+7.2x0.78-6.6x7.33-0.3x7.66-0.1x7.74+6.9x0.80-7.1x7.92
FCF Margin168.3%-46.2%+1.1pp-47.3%130.1%9.5%+14.0pp-4.5%-81.8pp77.3%+46.5pp30.8%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

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Frequently Asked Questions

What is Bok Finl Corp's annual revenue?

Bok Finl Corp (BOKF) reported $2.5B in total revenue for fiscal year 2025. This represents a -4.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Bok Finl Corp's revenue growing?

Bok Finl Corp (BOKF) revenue declined by 4.0% year-over-year, from $2.6B to $2.5B in fiscal year 2025.

Is Bok Finl Corp profitable?

Yes, Bok Finl Corp (BOKF) reported a net income of $578.0M in fiscal year 2025, with a net profit margin of 22.8%.

Bok Finl Corp (BOKF) reported diluted earnings per share of $9.17 for fiscal year 2025. This represents a 12.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Bok Finl Corp (BOKF) had $1.7B in cash and equivalents against $4.6B in long-term debt.

Bok Finl Corp (BOKF) had a net profit margin of 22.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Bok Finl Corp (BOKF) paid $2.34 per share in dividends during fiscal year 2025.

Bok Finl Corp (BOKF) has a return on equity of 9.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Bok Finl Corp (BOKF) generated $575.2M in free cash flow during fiscal year 2025. This represents a -54.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Bok Finl Corp (BOKF) generated $739.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Bok Finl Corp (BOKF) had $52.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Bok Finl Corp (BOKF) invested $164.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Bok Finl Corp (BOKF) spent $413.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Bok Finl Corp (BOKF) had 61M shares outstanding as of fiscal year 2025.

Bok Finl Corp (BOKF) had a debt-to-equity ratio of 0.78 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Bok Finl Corp (BOKF) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Bok Finl Corp (BOKF) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Bok Finl Corp (BOKF) has an earnings quality ratio of 1.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Bok Finl Corp (BOKF) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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