BOK Financial Corporation (BOKF) Stock

BOK Financial Corporation (BOKF) is a Financials stock trading at $139.88 (as of 2026-08-20), with a market capitalization of $8.50B and a trailing P/E of 13.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management. The Commercial Banking segment offers lending, treasury, cash management, and customer commodity risk management products for small businesses, middle market, and larger commercial customers, as well as operates TransFund electronic funds transfer network. The Consumer Banking segment provides lending and deposit services to small business customers through consumer branch network; and engages in the mortgage loan origination and servicing activities. The Wealth Management segment offers fiduciary, private bank, insurance, and investment advisory services; and brokerage and trading services primarily related to providing liquidity to the mortgage markets through trading of U.S. government agency mortgage-backed securities and related derivative contracts, as well as underwrites state and municipal securities. The company also provides commercial loans, such as loans for working capital, facilities acquisition or expansion, purchases of equipment, and other needs of commercial customers; and service, healthcare, manufacturing, wholesale/retail, energy, and other sector loans. In addition, it offers commercial real estate loans for the construction of buildings or other enhancements to real estate and property held by borrowers for investment purposes; and residential mortgage and personal loans. Further, the company provides automated teller machine (ATM), call center, and Internet and mobile banking services. As of December 31, 2021, it operated 2,593 TransFund ATM locations. The company was founded in 1910 and is headquartered in Tulsa, Oklahoma.

Understand BOK Financial Corporation: how it makes money

BOK Financial Corporation provides banking and financial products through its Commercial Banking, Consumer Banking, and Wealth Management segments, earning money mainly from net interest revenue and also from fees and commissions.

BOK Financial's profit engine is net interest revenue, which is a large portion of its total revenue base, with meaningful added support from fees and commissions.

Business quality (Solid): Official reportable segments are given, but segment level revenue splits are not provided in the supplied facts, so only income drivers can be assessed.

Valuation: At 14× earnings, BOKF trades 8% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Income is supported by both interest and fee lines: In the latest quarter, net interest revenue is 0.35B (USD_B) and fees and commissions revenue is 0.21B (USD_B), indicating a balance between spread-related earnings and services fees.
  • Commercial Banking has multiple product channels: Commercial Banking provides lending, treasury, cash management, and customer commodity risk management products, and it operates the TransFund electronic funds transfer network.
  • Diversified structure across three operating segments: The company reports through Commercial Banking, Consumer Banking, and Wealth Management, which can reduce reliance on a single business line.

Bear case

  • Net interest revenue is a key swing factor: Because net interest revenue represents a large share of the companys revenue, any weakness in that line would likely have an outsized impact on total results.
  • Fee income can be sensitive to transaction and asset activity: Fees and commissions revenue is a major contributor (0.21B), so periods with lower customer activity would weigh on revenue.
  • Operating profitability may not stay at the current level: Operating margin is reported at 32.4% for 2026-03-31, but that level can change as underlying income drivers and costs move.
Valuation — source: SEC EDGAR (first-party)
Price$139.88
Market Cap$8.50B
P/E Ratio13.1
EV / EBITDA7.4
Price / Book1.40
Price / Sales3.37
FCF Yield19.9%
DCF Value (model)$132.52
DCF Upside vs Price-5.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.53B
Net Margin22.8%
Revenue Growth (YoY)-0.5%
EPS Growth (YoY)33.3%
FCF Growth (YoY)1668.0%
Valuation vs Sector & Industry
Stock P/E13.1
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-13.7%
vs Industry1.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderGeorge Kaiser Family Foundation ($430.50M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOStacy C. Kymes
Employees5,030
CountryUS
IPO Date1991-09-05

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Webster Financial Corporation (WBS)
  • First Horizon Corporation (FHN)
  • UMB Financial Corporation (UMBF)
  • Cullen/Frost Bankers, Inc. (CFR)
  • Zions Bancorporation, National Association (ZION)
  • Old National Bancorp (ONB)
  • Valley National Bancorp (VLY)
  • F.N.B. Corporation (FNB)
BOKF earnings history · BOKF institutional & insider holders · BOKF KPIs & operating metrics · BOKF financials · BOKF investor presentations & press releases · BOKF SEC filings · BOKF peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.