Bok Financial Corporation · NASDAQ:BOKF
Bok Financial — Q3 2026 Earnings Presentation
22 slides from Bok Financial's earnings presentation, Oct 20, 2026
Slide 1: Q3 Earnings Conference Call
Q3 Earnings Conference Call October 20, 2026
Slide 2: Legal Disclaimers
Legal Disclaimers This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs, assumptions, current expectations, estimates and projections about BOK Financial Corporation, the financial servi
Slide 3: Stacy Kymes, Chief Executive Officer
Stacy Kymes Chief Executive Officer 3
Slide 4: Q3 Financial Highlights
Q3 Financial Highlights Net Income • Net income was $159.9 million, or $2.64 per diluted share, compared to Attributable to shareholders $176.5 million, or $2.92 per diluted share in the prior quarter. Prior quarter Per share (diluted) $177.3 $176.5 net income would have been $156.5 million, or $2.5
Slide 5: Additional Details
Additional Details Quarterly Quarterly ◦ Period end loan balances increased $646 ($Billion) Q3 2026 Sequential YOY million, with broad-based growth across our portfolio and geographic footprint. Average Period End Loans $27.7 2.4% 11.5% loan balances grew $468 million Average Loans $27.2 1.7% 9.7% ◦
Slide 6: Loan Portfolio
Loan Portfolio Seq. Loan YOY Loan • Total Commercial loans grew $358 ($Million) Sep 30, 2026 June 30, 2026 Sep. 30, 2025 Growth Growth million or 2.2% sequentially, led by growth in the energy and mortgage Energy $ 3,316.6 $ 3,052.7 $ 2,681.5 8.6% 23.7% finance portfolios Services 4,071.3 4,099.9 3,
Slide 7: Credit Quality Metrics
Credit Quality Metrics Net Charge-Offs to Average Loans • Credit quality continues to be strong with nonperforming Annualized assets, excluding loans guaranteed by U.S. government agencies, totaling $58 million or 0.21% of outstanding loans 0.20% and repossessed assets • Trailing 12 months net charg
Slide 8: Scott Grauer, EVP, Wealth Management Executive
Scott Grauer EVP, Wealth Management Executive 8
Slide 9: Fee Income - Markets & Securities
Fee Income - Markets & Securities Trading Fees Qtr. Seq. Qtr. Seq. Qtr. YOY ($Million) Q3 2026 $ Change % Change % Change • Total Trading revenue, which includes trading related net interest income, Trading Fees $ (6.3) $ (13.0) (194.8)% (140.7)% A decreased $10.0 million to $15.0 million. Mortgage
Slide 10: Fee Income - Asset Management & Transactions
Fee Income - Asset Management & Transactions • Fiduciary and asset management Qtr. Seq. Qtr. Seq. Qtr. YOY ($Million) Q3 2026 revenue decreased $1.1 million. $ Change % Change % Change The second quarter included Markets & Securities $ 36.2 $ (15.2) (29.6)% (42.6)% 1 seasonal tax preparation fees of
Slide 11: Marty Grunst, EVP, Chief Financial Officer
Marty Grunst EVP, Chief Financial Officer 11
Slide 12: Yields, Rate & Margin
Yields, Rate & Margin Quarterly Quarterly ($Million) Q3 2026 Q2 2026 Q3 2025 Net Interest Income Sequential YOY • Net interest income grew $18.1 million linked Net Interest Income $370.0 $351.8 $337.6 5.2% 9.6% quarter while core net interest income, excluding Net Interest Margin 3.00% 2.91% 2.91% 9
Slide 13: Expenses
Expenses Quarterly Quarterly ($Million) Q3 2026 Q2 2026 Q3 2025 • Personnel expenses were relatively Sequential YOY consistent with the prior quarter. Deferred compensation costs, which Total Personnel Expense $213.3 $214.1 $226.3 (0.4)% (5.8)% are offset in Other gains and losses, decreased $7.4 mi
Slide 14: 2026 Full Year Outlook
2026 Full Year Outlook Business Driver 2025 Actuals FY '26 As of 10/20/26* Notes EOP Loans $25.7 billion Over 10% EOP Inv Securities $15.4 billion Flat Reflects one Fed Funds increase through year-end 2026 and Net Interest Income $1.3 billion $1.43 to $1.44 billion longer-term rates consistent with
Slide 15: Question & Answer Session
Question & Answer Session 15
Slide 16: Stacy Kymes, Chief Executive Officer
Stacy Kymes Chief Executive Officer 16
Slide 17: Appendix
Appendix 17
Slide 18: Credit Resilience
Credit Resilience Disciplined Credit Concentration 100 year history in energy lending and a tested playbook • 72% oil / 28% gas-weighted borrowers • CRE limit on total committed balances is 185% of tier • Robust stress testing process with 18 petroleum one capital plus reserves engineers and analyst
Slide 19: Securities and Interest Rate Risk Position
Securities and Interest Rate Risk Position Securities Portfolio Interest Rate Risk • Short duration with limited extension, current portfolio duration • Approximately 77% of the total loan portfolio is variable rate or is 3.4 years, extending to only 3.8 years if rates increase 200 fixed rate that r
Slide 20: Quarterly Financial Summary
Quarterly Financial Summary 20
Slide 21: Quarterly Financial Summary cont.
Quarterly Financial Summary cont. 21
Slide 22: BOK Financial Corporation
BOK FINANCIAL CORPORATION