Bank of Albuquerque

What Bank of Albuquerque does

Bank of Albuquerque is a regional banking division of BOKF, NA, a wholly-owned subsidiary of BOK Financial Corporation (NASDAQ: BOKFT), a top-30 U.S. regional bank headquartered in Tulsa, Oklahoma with origins dating to 1910. Operating as one of four banking brands alongside Bank of Oklahoma, Bank of Texas, and BOK Financial, the bank serves consumers, small businesses, and commercial/institutional clients across 8 states (Arkansas, Arizona, Colorado, Kansas, Missouri, New Mexico, Oklahoma, Tennessee, Texas) through 114 full-service branches. The parent reported $53.5 billion in total assets and $38.9 billion in total deposits as of March 31, 2026.

The bank's core technology stack includes digital and mobile banking platforms, an ExpressBank phone-banking service, and the Exchange/Exchange Mobile commercial cash management platform supporting wires, ACH, mobile deposits, and fraud protection, complemented by FX Advance for international wires. Product offerings span consumer deposit products (multiple checking tiers, savings, money markets, IRAs, CDs), consumer lending (mortgages, home equity, auto, credit cards via Max Cash Preferred), and a deep commercial suite that includes treasury management, SBA and equipment loans, asset-based lending, correspondent banking, capital markets, and specialized vertical practices in healthcare, energy, commercial real estate, dealer finance, and Native American financial services.

Revenue is generated through net interest income on a loan book anchored by $20.2 billion in average commercial loans and $2.0 billion in consumer loans, plus non-interest income from deposit account and overdraft fees, credit card interchange, mortgage origination/servicing fees, and recurring fees from BOK Financial Advisors wealth management, Cavanal Hill investment management, and BOK Financial Securities brokerage. The parent reported $524 million in net income for 2024 (vs. $531M in 2023 and $520M in 2022) on a workforce of 5,056 full-time employees. The bank reaches customers through relationship bankers, scheduled appointments, dedicated phone lines (mortgage, investments, small business), branches, ATMs, online/mobile channels, and a correspondent banking network, while a Lumifi cybersecurity partnership and FD Law advisory relationship support business-client cyber risk services.

Name

Bank of Albuquerque

Legal name

BOKF, NA

Website

https://bankofalbuquerque.com

Company type

Public

Founded year

1910

Operating status

Operating

Headcount range

101–250 employees

Short description

Bank of Albuquerque is a regional banking division of BOKF, NA (subsidiary of BOK Financial Corporation, NASDAQ: BOKFT) serving consumers, small businesses, and commercial clients across 8 states with deposits, lending, treasury management, wealth, and specialized Native American financial services from 114 branches.

Ownership category

akta.pro rank

Headquarters

HQ city

Albuquerque

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Interest earned on loans including commercial banking loans ($20.2B average in 2024), consumer banking loans ($2B average in 2024), and wealth management loans ($2.2B average in 2024). Interest paid on deposits including commercial and consumer deposits.
2. Banking Fees: Overdraft fees up to $36 per occurrence (max 3 per day), account service fees, ATM fees, wire transfer fees
3. Credit Card Revenue: Income from Max Cash Preferred credit card including interchange fees and interest charges
4. Investment and Advisory Services: Revenue from BOK Financial Advisors, wealth management, institutional investment management, and brokerage services through BOK Financial Securities
5. Mortgage Banking: Mortgage origination and servicing fees, including home loans and home equity lending

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels8 records

Core offering

Bank of Albuquerque is a New Mexico-based regional bank operating as a division of BOK Financial (BOKF, NA) that provides deposit products, consumer and mortgage lending, commercial banking, treasury and cash management, and wealth management services to individuals, businesses, and institutional clients across the state.

Product overview

Bank of Albuquerque is a regional bank offering a comprehensive suite of personal, business, and commercial banking products. The bank's offerings include deposit products (checking, savings, money markets, IRAs, CDs), lending products (mortgages, home equity, credit cards, auto loans, personal loans, SBA loans), digital banking (online and mobile banking, ExpressBank phone banking, Text Alerts), and wealth management through BOK Financial Advisors. For commercial clients, the bank provides treasury management (Exchange platform for cash management, fraud prevention, payment solutions), capital markets services, international services (foreign exchange, trade finance), specialized industry financing (commercial real estate, energy, healthcare, Native American services, dealer financial services), correspondent banking, and community development lending. The bank operates as a division of BOKF, NA under the BOK Financial umbrella across eight states.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts

Quantifiable outcome

• Outstanding CRA rating maintained for 12 consecutive years
• +5 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and supporting.

• Early Warning Services, LLC (Zelle)coreTechnology or IntegrationBank of Albuquerque participates in the Zelle network, enabling customers to send and receive money through the Zelle payment platform. Zelle and related marks are owned by Early Warning Services, LLC.
• Global Correspondent BankssupportingTechnology or IntegrationInternational wire transfer services facilitated through a global network of correspondent banks ensuring efficient, reliable, and secure international payments.
• Cavanal Hill Investment ManagementcoreTechnology or IntegrationSubsidiary of BOKF, NA providing SEC-registered investment advisory services, administrative services to Cavanal Hill Funds, with custodial services provided by Bank of Oklahoma.
• BOK Financial Securities, Inc.coreTechnology or IntegrationSEC registered investment adviser and broker/dealer, member FINRA/SIPC, providing brokerage trading, investment services, and advisory through BOK Financial Advisors brand.
• TransFundsupportingTechnology or IntegrationElectronic funds transfer network operated by BOKF, NA subsidiary for ATM and debit card transactions.
• Raymond JamessupportingTechnology or IntegrationInvestment through Raymond James Preservation Opportunities Fund VIII to preserve affordable housing through acquisition of stabilized properties.
• LumifisupportingTechnology or IntegrationCybersecurity partnership providing free cyber risk assessments and security monitoring services to business clients.
• FD LawsupportingImplementation/ SI/ Consulting PartnerLegal advisory partnership providing expertise in cybersecurity, data privacy, AI compliance, and internal investigations.
• United WaycoreStrategic or Co-development PartnerStrategic partnership with United Way organizations across 8-state footprint; annual campaigns generate $3+ million including approximately $2 million in employee contributions.
• Habitat for HumanitysupportingStrategic or Co-development PartnerCommunity service partnership supporting affordable housing construction and community development projects.
• City YearsupportingStrategic or Co-development PartnerPartnership supporting education and youth development programs through volunteer service and corporate engagement.
• Junior AchievementsupportingStrategic or Co-development PartnerFinancial education partnership delivering programs to students through employee volunteers and classroom instruction.

Scale indicators20 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Commerce Bancshares: Mid-size Missouri-based regional bank with multi-state commercial and consumer banking operations and a long operating history; similar scale and conservative risk profile align closely with BOK Financial's positioning.
• Glacier Bancorp: Multi-state community bank holding company that has grown via roll-up acquisitions across the Western U.S.; similar community-bank consolidation model and diversified commercial/consumer focus.
• Texas Capital Bancshares: Texas-headquartered commercial bank with strong middle-market and treasury services franchise; directly comparable to BOKF's commercial banking and capital markets focus within overlapping Southwest markets.
• WesBanco: Multi-state regional bank holding company operating across the Midwest and Mid-Atlantic with similar size band, commercial and consumer banking mix, and acquisition-oriented growth strategy.
• UMB Financial Corporation: Kansas City-based regional bank operating across multiple Midwest and Southwest states with comparable commercial, treasury, and asset management franchises; similar business mix and customer segments make it a strong comparable.
• Independent Bank Group: Texas-based regional bank holding company operating across Texas and Colorado with comparable commercial real estate and consumer banking focus; similar Southwest market exposure.
• Cullen/Frost Bankers: Texas-headquartered regional bank with comparable multi-state commercial and consumer banking footprint across the Southwest; similar size band and relationship-banking model make it the closest publicly traded peer to BOK Financial.
• CVB Financial: California-based community bank holding company with multi-state expansion and similar commercial/SBA lending emphasis; comparable scale and relationship-banking model.
• First Financial Bankshares: Texas-based regional bank with multi-state expansion across the Southwest via community bank acquisitions; comparable acquisition-driven growth strategy and commercial banking mix.
• Cadence Bank: Mississippi-headquartered regional bank with multi-state commercial and consumer banking operations across the South and Southwest; comparable mid-size regional banking franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BankofABQ
• YouTubeyoutube.com/user/BankOfAlbuquerque
• Facebookfacebook.com/bankofalbuquerque
• LinkedInlinkedin.com/company/bank-of-albuquerque

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank of Albuquerque