The Motley Fool·Oct 21, 2026
BOK Financial: 3 Key Takeaways for Long-Term InvestorsTotal outstanding loans grew 11.5% year over year in the third quarter. Net interest margin expanded 9 basis points to 3%.
BOK Financial demonstrates a stable capital base with an equity-to-assets ratio consistently between 0.10 and 0.12, yet the bank faces significant headwinds from a stagnant net interest margin that has remained locked between 0.6% and 0.7% for ten quarters.
Price trend, volume and key moving averages
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Net interest income growth has decelerated to 8.3% as of 2026Q1, while the efficiency ratio remains volatile, fluctuating between a low of 33.9% and a high of 42.9% over the past ten quarters.
BOK Financial has achieved a net profit margin of 27.4% on a trailing 12-month basis, reflecting an improvement from the previous year. This strong profitability is supported by diversified fee income from wealth management, trading, and treasury services.
In Q1 2026, BOK Financial reported an EPS of $2.58, surpassing the estimate of $2.31. This follows a strong performance in Q4 2025, where the company also exceeded analyst expectations.
Management expects net interest income (NII) to be between $1.44 billion and $1.48 billion for 2026, up from $1.3 billion in 2025. This growth is anticipated due to easing funding costs and stabilizing asset yields, which are projected to enhance margins.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 19, 2026 | $2.64+4.8% vs $2.52 | $561M-1.7% vs $571M |
Q3 2026 Jul 20, 2026 | $2.92+9.0% vs $2.68 | $554M-2.5% vs $568M |
Q2 2026 Apr 20, 2026 | $2.58+12.2% vs $2.30 | $552M+0.2% vs $551M |
Q1 2026 Jan 20, 2026 | $2.89+33.8% vs $2.16 | $560M+2.0% vs $549M |
Total outstanding loans grew 11.5% year over year in the third quarter. Net interest margin expanded 9 basis points to 3%.
BOK Financial Corporation ( BOKF ) Q3 2026 Earnings Call October 20, 2026 1:00 PM EDT Company Participants Heather Worley - Senior VP & Director of Investor Relations Stacy Kymes - CEO, President & Director Scott Grauer - Executive Vice President of Wealth Management Martin Grunst - Executive VP & CFO Conference Call Participants David Chiaverini - Jefferies LLC, Research Division Michael Rose - Raymond James & Associates, Inc., Research Division Jon Arfstrom - RBC Capital Markets, Research Division Peter Winter - D.A. Davidson & Co., Research Division Edward Najarian - Hovde Group, LLC, Research Division Wood Lay - Keefe, Bruyette, & Woods, Inc., Research Division Terence McEvoy - Wells Fargo Securities, LLC, Research Division Matt Olney - Stephens Inc., Research Division Brett Rabatin - StoneX Financial, Inc., Research Division Presentation Operator Welcome to BOK Financial Corporation's Third Quarter 2026 Earnings Conference Call.
BOK Financial NASDAQ: BOKF reported third-quarter 2026 net income of $159.9 million, or $2.64 per diluted share, as loan growth and net interest margin expansion helped offset pressure on market-sensitive fee businesses caused by rising long-term interest rates.
BOK Financial is upgraded to Buy, as recent price weakness contrasts with robust operational performance and improved valuation metrics. BOKF posted Q3 2026 GAAP EPS of $2.64, beating consensus by 4.3%, with year-to-date net income up 29.8% versus 2025. Double-digit loan growth (11.5% YoY) and strong asset quality offset sector concentration and geographic risks in Texas and Oklahoma.
Benchmark BOKF against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for BOK Financial Corporation (BOKF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $129.48 | $7.87B | 11.62 | 9.59% | 29.56% | 11.21% | 1.87% | |
| $151.27 | $10.2B | 11.20 | 11.23% | 31.57% | 12.54% | 1.66% | |
| $55.04 | $8.02B | 13.11 | 6.26% | 32.56% | 14.27% | 1.97% | |
| $133.77 | $10.16B | 9.91 | 101.23% | 36.8% | 13.15% | 1.33% | |
| $30.41 | $4.36B | 15.02 | 16.23% | 42.9% | 15.14% | 2.43% | |
| $67.57 | $4.2B | 10.21 | 0.74% | 100.94% | 12.66% | 2.07% |
BOK Financial Corporation (BOKF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
BOK Financial Corporation (BOKF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 20, 2026·SEC
May 11, 2026·SEC
May 7, 2026·SEC
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BOK Financial Corporation (BOKF) stock FAQ — growth, dividends, profitability & financials explained
BOK Financial Corporation (BOKF) grew revenue by 13.6% over the trailing twelve months, compared with the twelve months before.
Yes. BOK Financial Corporation (BOKF) earned $669.5M in net income over the trailing twelve months (a 29.6% net margin).
Yes. BOK Financial Corporation (BOKF) pays a dividend that yields 1.87% at the current price, a moderate yield.
BOK Financial Corporation (BOKF) had a return on equity (ROE) of 11.2% over the trailing twelve months. That is in line with the market's typical 10-15%.
BOK Financial Corporation (BOKF) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.
BOK Financial Corporation (BOKF) has an efficiency ratio of 66.4%. This is higher than peers, suggesting room for cost optimization.
