BOK Financial (NASDAQ:BOKF) Releases Earnings Results, Beats Estimates By $0.32 EPS

BOK Financial (NASDAQ:BOKF) announced its earnings results on Tuesday. The bank reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.32, Zacks reports. BOK Financial had a return on equity of 9.37% and a net margin of 17.10%.The business had revenue of $589.56 million for the quarter, compared to analyst estimates of $550.05 million. During the same quarter last year, the firm earned $2.12 EPS.

Here are the key takeaways from BOK Financial’s conference call:

• Record earnings: Q4 net income was $177.3 million (EPS $2.89) and full‑year 2025 net income was $578 million (EPS $9.17), both company highs driven by broad‑based growth.
• Strong loan and margin momentum — loans grew >$1.5 billion (6.4%) in 2025 and $786 million (3.2%) sequentially (11% annualized over the last nine months); management guides to upper single‑digit loan growth for 2026 and NII of $1.44–$1.48 billion on continued NIM expansion from fixed‑rate repricing and a steeper curve.
• Fee engine remains a differentiator with $801 million in fee income (38% of revenue) and record AUMA of $126.6 billion, and management expects $800–$825 million of fees in 2026, though 2025 included a one‑time $23.5 million merchant‑banking gain and trading revenue can shift between fee and NII classification.
• Credit quality is strong — combined allowance equals 1.28% of loans, annualized net charge‑offs about 3 bps, NPAs remain low, and provision guidance for 2026 is modest at $25–$45 million reflecting a healthy starting position.
• Capital deployment is disciplined — tangible common equity 9.5% and CET1 12.9%, with >2.6 million shares repurchased in Q4; buybacks and M&A will remain opportunistic and repurchases may slow in 2026.

BOK Financial Stock Up 1.2%

Shares of BOKF opened at $129.78 on Wednesday. The firm’s 50 day moving average is $117.63 and its 200-day moving average is $111.19. The stock has a market capitalization of $8.21 billion, a PE ratio of 14.17 and a beta of 0.88. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.54. BOK Financial has a 12 month low of $85.07 and a 12 month high of $131.52.

BOK Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th were issued a $0.63 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. This is an increase from BOK Financial’s previous quarterly dividend of $0.57. BOK Financial’s payout ratio is presently 27.51%.

Analyst Ratings Changes

Several brokerages recently commented on BOKF. Weiss Ratings restated a “buy (b-)” rating on shares of BOK Financial in a report on Wednesday, October 8th. DA Davidson set a $125.00 price objective on shares of BOK Financial in a research note on Tuesday. Royal Bank Of Canada raised their price objective on BOK Financial from $110.00 to $124.00 and gave the company a “sector perform” rating in a report on Friday, October 10th. Raymond James Financial reiterated an “outperform” rating and set a $140.00 target price on shares of BOK Financial in a report on Tuesday. Finally, Keefe, Bruyette & Woods dropped their price objective on BOK Financial from $118.00 to $116.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 22nd. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $121.36.

Key Headlines Impacting BOK Financial

Here are the key news stories impacting BOK Financial this week:

• Positive Sentiment: Recorded Q4 and full‑year earnings that beat estimates (Q4 EPS $2.48 vs. $2.16 consensus; revenue ~$589.6M vs. ~$550.1M consensus), driving the immediate market reaction. BOK Financial Posts Record Earnings, Guides to Further Growth
• Positive Sentiment: Broad‑based loan growth and stronger net interest income were cited as core drivers of the quarter — a favorable trend for bank revenue as rates and lending volumes support NII. BOK Financial beats Q4 estimates on strong loan growth, record EPS
• Positive Sentiment: Management’s guidance emphasized further growth and diversification of revenue streams (fee income, lending mix), which supports upside to future earnings expectations. BOKF Q4 deep dive: Broad-based loan and fee growth highlight quarter, guidance emphasizes diversification
• Neutral Sentiment: Full earnings call transcript and analyst notes provide additional color on capital deployment, buybacks/dividends and segment performance for investors doing deeper due diligence. BOK Financial Corporation (BOKF) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Rising operating expenses were noted in coverage and company disclosures; higher costs could pressure margins and temper net income growth if the trend persists. BOK Financial Q4 Earnings Beat Estimates on Higher NII & Fee Income

Insider Activity at BOK Financial

In related news, Director Steven Bangert sold 1,500 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $106.29, for a total value of $159,435.00. Following the completion of the transaction, the director owned 38,416 shares of the company’s stock, valued at $4,083,236.64. The trade was a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 3,500 shares of company stock valued at $380,395 in the last quarter. 60.14% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new position in shares of BOK Financial in the 3rd quarter valued at $55,000. Dark Forest Capital Management LP acquired a new position in BOK Financial during the third quarter worth about $1,605,000. Polymer Capital Management HK LTD bought a new stake in shares of BOK Financial during the third quarter worth $245,000. Mercer Global Advisors Inc. ADV increased its stake in shares of BOK Financial by 132.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 5,468 shares of the bank’s stock valued at $609,000 after buying an additional 3,114 shares during the period. Finally, Brevan Howard Capital Management LP raised its holdings in BOK Financial by 33.6% in the 3rd quarter. Brevan Howard Capital Management LP now owns 12,157 shares of the bank’s stock valued at $1,355,000 after buying an additional 3,058 shares during the last quarter. 34.44% of the stock is currently owned by institutional investors and hedge funds.

BOK Financial Company Profile

BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.