Bok Financial Corporation · NASDAQ:BOKF
Bok Financial — Q2 2026 Earnings Presentation
23 slides from Bok Financial's earnings presentation, Jul 21, 2026
Slide 1: Q2 Earnings Conference Call
Q2 Earnings Conference Call July 21, 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: Q2 Financial Highlights
Q2 Financial Highlights Net Income • Net income was $176.5 million, or $2.92 per diluted share, compared to Attributable to shareholders $155.8 million, or $2.58 per diluted share in the prior quarter. Excluding the Per share (diluted) $177.3 $176.5 net gain related to the exchange of Visa B shares
Slide 5: Additional Details
Additional Details Quarterly Quarterly ◦ Period end loan balances increased $896 ($Billion) Q2 2026 Sequential YOY million, with broad-based growth across our portfolio and geographic footprint. Average Period End Loans $27.1 3.4% 11.5% loan balances grew $844 million Average Loans $26.8 3.3% 10.7%
Slide 6: Loan Portfolio
Loan Portfolio Seq. Loan YOY Loan • Total Commercial loans grew $724 ($Million) June 30, 2026 Mar. 31, 2026 June 30, 2025 Growth Growth million or 4.7% sequentially, which included growth in every Commercial Energy $ 3,052.7 $ 3,005.7 $ 2,734.7 1.6% 11.6% category Services 4,099.9 3,901.9 3,658.8 5.
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 $55 million or 0.20% of outstanding loans 0.20% and repossessed assets • Trailing 12 months net charg
Slide 8: Scott Grauer, EVP, Wealth Management Executive
Scott Grauer EVP, Wealth Management Executive 8
Slide 9: Fee Income - Markets & Securities
Fee Income - Markets & Securities Trading Fees Qtr. Seq. Qtr. Seq. Qtr. YOY ($Million) Q2 2026 $ Change % Change % Change • Total Trading revenue, which includes trading related net interest income, Trading Fees $ 6.7 $ (12.7) (65.6)% (53.9)% A decreased $9.7 million to $25.0 million. Mortgage Servi
Slide 10: Fee Income - Asset Management & Transactions
Fee Income - Asset Management & Transactions • Fiduciary and asset management Qtr. Seq. Qtr. Seq. Qtr. YOY ($Million) Q2 2026 revenue increased $4.5 million, $ Change % Change % Change producing record quarterly results. Markets & Securities $ 51.5 $ (13.0) (20.2)% (9.8)% 1 This reflects higher trus
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 Net Interest Income ($Million) Q2 2026 Q1 2026 Q2 2025 Sequential YOY • Net interest income grew $9.3 million linked quarter while core net interest income, excluding trading, increased $6.5 million* Net Interest Income $351.8 $342.6 $328.2 2.7% 7.2% Net Int
Slide 13: Expenses
Expenses Quarterly Quarterly ($Million) Q2 2026 Q1 2026 Q2 2025 • Personnel expenses increased Sequential YOY $2.9 million. Deferred Total Personnel Expense $214.1 $211.2 $214.7 1.4% (0.3)% compensation costs, which are offset in Other gains and losses, increased $8.9 million. Excluding Memo: Deferr
Slide 14: 2026 Full Year Outlook
2026 Full Year Outlook Business Driver 2025 Actuals FY '26 As of 07/21/26* Notes EOP Loans $25.7 billion Over 10% Pipelines remain consistent with the first half of the year EOP Inv Securities $15.4 billion Flat Assumes no changes to the Fed Funds rate through year-end Net Interest Income $1.3 billi
Slide 15: Question & Answer Session
Question & Answer Session 15
Slide 16: Stacy Kymes, Chief Executive Officer
Stacy Kymes Chief Executive Officer 16
Slide 17: Appendix
Appendix 17
Slide 18: Credit Resilience
Credit Resilience Disciplined Credit Concentration 100 year history in energy lending and a tested playbook • 72% oil / 28% gas-weighted borrowers • CRE limit on total committed balances is 185% of tier • Robust stress testing process with 18 petroleum one capital plus reserves engineers and analyst
Slide 19: Securities and Interest Rate Risk Position
Securities and Interest Rate Risk Position Securities Portfolio Interest Rate Risk • Short duration with limited extension, current portfolio duration • Approximately 76% of the total loan portfolio is variable rate or is 3.1 years, extending to only 3.7 years if rates increase 200 fixed rate that r
Slide 20: Quarterly Financial Summary
Quarterly Financial Summary 20
Slide 21: Quarterly Financial Summary cont.
Quarterly Financial Summary cont. 21
Slide 22: Notable Items
Notable Items • This quarter included a net gain related to the sale of converted Visa B shares and a loss from repositioning of the available-for-sale securities portfolio ($Million) Q2 2026 Gain on Visa Exchange $30.9 AFS Repositioning $(4.6) Pre-Tax Impact $26.3 After-tax Impact $20.1 EPS Impact
Slide 23: BOK Financial Corporation
BOK FINANCIAL CORPORATION