BOK Financial Corporation

What BOK Financial Corporation does

BOK Financial Corporation is a $52 billion-asset regional financial services holding company headquartered in Tulsa, Oklahoma, founded in 1910 as a regional source of capital for the energy industry. Operating as NASDAQ:BOKF, the company provides commercial banking, consumer banking, wealth management, broker-dealer, mortgage origination and servicing, and electronic funds transfer through TransFund (a top-10 U.S. EFT network) via wholly-owned subsidiaries including BOKF, NA; BOK Financial Securities, Inc.; BOK Financial Private Wealth, Inc.; TransFund; and Cavanal Hill Investment Management, Inc. Geographic reach spans full-service banking markets across eight states — Oklahoma, Texas, New Mexico, Arizona, Arkansas, Colorado, Kansas, and Missouri — supported by bank brands including Bank of Oklahoma, Bank of Texas, Bank of Albuquerque, and BOK Financial offices in the remaining states, plus limited-purpose offices in Connecticut, Nebraska, Tennessee, and Wisconsin.

The company's core technology stack is a regional commercial and consumer banking infrastructure supporting specialized industry lending (energy, healthcare, commercial real estate), treasury and cash management, deposit and consumer lending platforms, mortgage origination and servicing systems, a broker-dealer trading platform through BOK Financial Securities, the Cavanal Hill investment management platform with $122 billion+ AUM, and the TransFund EFT network. Revenue is generated across two streams: net interest income from diversified loan portfolios (CRE, energy, healthcare, consumer, mortgage) projected at $1.42–$1.45 billion for 2026, and fee income from asset management, investment banking (record $16.1 million in Q3 2025), transaction cards, mortgage banking, trust services, and TransFund — projected at $820–$845 million for 2026.

The go-to-market model is relationship-led, with regional presidents and dedicated market CEOs managing commercial banking across each of the eight states, sector specialists in energy, healthcare, and CRE, and a physical banking-center branch network for consumer and small-business banking. The customer base spans mid-market and enterprise commercial borrowers (energy, healthcare, CRE, corporate), high-net-worth and institutional wealth clients (private bank, Cavanal Hill Funds), and consumer/small-business depositors. The company has delivered 10 consecutive years of record earnings (FY2025 net income $578 million, +10% YoY), 12 consecutive years of dividend increases, and Q1 2026 revenue of $552.33 million with EPS of $2.58 — beating consensus by $0.28 on the strength of 10%+ loan growth, an 11 bps NIM expansion in Q3 2025, and a 0.03% charge-off ratio. A new mortgage finance business launched in Q3 2025 targets $1 billion in commitments by 2026, and a Visa Class B share exchange is expected to contribute approximately $29 million in 2026 pretax gains.

Name

BOK Financial Corporation

Legal name

BOK Financial Corporation

Website

https://investor.bokf.com

Company type

Public

Founded year

1910

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

BOK Financial is a $52 billion-asset regional financial holding company headquartered in Tulsa, Oklahoma, founded in 1910. It operates across eight states through commercial banking, consumer banking, wealth management, broker-dealer, and electronic funds transfer network services for businesses, institutions, and consumers in the U.S. Midwest and Southwest.

Ownership category

akta.pro rank

Product category

Regional Banking and Financial Services

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Wealth Lending & Margin / Securities-Backed Lines (Retail) (FSAAAAAN)

Keywords

• Commercial banking services
• Consumer banking
• Wealth management
• Investment banking
• Electronic funds transfer

Headquarters

HQ city

Tulsa

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest income generated from loan portfolios including commercial real estate, energy lending, healthcare banking, consumer loans, and mortgage finance. The company reported net interest income guidance of $1.42–$1.45 billion for 2026. Net interest margin expanded by 11 basis points in Q3 2025. Revenue of $552.33 million for Q1 2026.
2. Fee Income: Fee-based revenue from asset management, investment banking, transaction card businesses, mortgage banking, trust services, and TransFund electronic funds transfer network. Fee income totaled $209.8 million in Q1 2026. Full-year 2026 guidance projects fee income of $820–$845 million.
3. Investment Banking: Investment banking revenue from municipal bond underwriting and other capital markets activities. Record investment banking revenue of $16.1 million achieved in Q3 2025.
4. Mortgage Banking: Mortgage origination and servicing revenue. The company launched a new mortgage finance business which generated $70 million in outstandings by Q3 2025, targeting $1 billion in commitments by 2026.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

BOK Financial Corporation provides a diversified suite of regional financial services through commercial banking (corporate banking, specialized lending for energy and healthcare, treasury services, commercial finance, equipment finance), consumer and small business banking (deposits, consumer loans, mortgages, small business banking), and wealth management (institutional wealth, private banking, trust services, investment management through Cavanal Hill Funds). The company also operates BOK Financial Securities for brokerage, trading and investment banking, and TransFund, a top 10 electronic funds transfer network.

Product overview

BOK Financial Corporation operates as a $52 billion regional financial services company with a multi-brand, multi-product architecture. The company offers commercial banking, consumer banking, and wealth management services through regional bank brands (Bank of Albuquerque, Bank of Oklahoma, Bank of Texas, and BOK Financial in Arizona, Arkansas, Colorado, Kansas, and Missouri). Its national lines of business include energy financial services, healthcare banking, trading and brokerage through BOK Financial Securities, Inc., mortgage origination and servicing, and TransFund (a top 10 electronic funds transfer network). Wealth management is delivered through Cavanal Hill Investment Management, Inc. and BOK Financial Private Wealth. The portfolio also includes specialized industries banking covering commercial real estate, commercial strategies, dealer financial services, energy, healthcare, and loan syndications.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Banking Business banking services including corporate banking, commercial lending, treasury services, and specialized industry financing (energy, healthcare, commercial real estate) for businesses across eight states.
• Consumer Banking Personal banking services including checking and savings accounts, personal loans, and consumer financial products offered through banking centers in eight states.
• Wealth Management Wealth management services for high-net-worth individuals, families, and institutions including institutional wealth, private banking, international banking, trust services, and registered investment advisory through Cavanal Hill Funds.
• BOK Financial Securities, Inc. Broker/dealer firm providing retail and institutional brokerage services, investment banking (municipal bond underwriting), and trading operations.
• TransFund Top 10 electronic funds transfer network providing payment processing, ATM, and debit network services to financial institutions and merchants.
• Cavanal Hill Investment Management, Inc. Registered investment adviser subsidiary offering mutual funds (Cavanal Hill Funds) and investment management services to institutional and retail clients.
• Energy Financial Services Specialized banking services for the energy sector, including financing and financial solutions for energy companies (the company's founding sector since 1910).
• Healthcare Banking Specialized banking services for healthcare organizations and medical facilities.
• Mortgage Origination and Servicing Mortgage lending services including loan origination and servicing across the company's operating regions with secondary market capabilities.
• Trust Services Trust and fiduciary services offered through BOK Financial Private Wealth for individuals, families, and institutions.

Quantifiable outcome

• Net interest income of $1.42–$1.45 billion projected for 2026
• +5 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cullen/Frost Bankers (Frost Bank): Texas-headquartered super-regional bank with similar commercial/consumer banking model, energy sector exposure, and wealth management franchise. Most direct comparable given overlapping Texas and energy lending focus.
• First Horizon Corporation: Tennessee-headquartered regional bank with similar commercial and consumer banking mix, wealth management services, and comparable asset size; strong overlap in commercial real estate and middle-market lending.
• Zions Bancorporation: Multi-state regional bank with comparable asset size (~$87B), commercial banking focus, energy and CRE lending exposure, and similar multi-brand regional structure.
• Western Alliance Bancorporation: Growth-oriented regional bank with similar commercial banking focus, specialized industry verticals (including energy and healthcare), and comparable technology-forward operating model.
• Old National Bancorp: Midwest regional bank with comparable commercial/consumer banking focus, wealth management platform, and similar asset size; overlapping geographic presence in Midwest markets.
• Commerce Bancshares: Midwest regional bank holding company with similar size (~$26B assets), commercial banking focus, and wealth management platform; comparable business mix and regional bank operating model.
• Pinnacle Financial Partners: Tennessee/Southeast regional bank with similar relationship-based commercial banking model, comparable size, and community banking approach.
• Synovus Financial: Southeast-focused regional bank with comparable commercial banking mix, wealth management services, and similar mid-sized regional bank operating model.
• Cadence Bank: Texas/Southeast regional bank with similar commercial banking focus, energy lending exposure, and comparable size; strong overlap in commercial and treasury management services.

Regional players

• Texas Capital Bancshares: Texas-focused commercial bank with strong overlap in Texas markets, energy sector lending, and middle-market commercial banking; comparable specialized industry exposure though slightly different operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/BOKFinancial
• LinkedInlinkedin.com/company/bok-financial
• Xx.com/bokfcareers

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A5 records

Investments2 records

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

Frequently asked questions about BOK Financial Corporation