Bok Financial Corporation · NASDAQ:BOKF
Bok Financial — Investor Presentation (September 2025)
25 slides from Bok Financial's investor presentation, September 2025
Slide 1: Investor Presentation
Investor Presentation September 2025
Slide 2: Legal Disclaimers
Legal Disclaimers This presentation contains forward-looking statements that are based on management's beliefs, assumptions, current expectations, estimates and projections about BOK Financial Corporation, the financial services industry, and the economy generally. Words such as “anticipates,” “beli
Slide 3: Corporate Snapshot
NASDAQ: BOKF BOK Financial Corporation CONSUMER, COMMERCIAL & BROKER/DEALER & Corporate Snapshot MORTGAGE BANKING INDEPENDENT ADVISORY SERVICES • Top 30 national/regional bank* BOK Financial ® BOK Financial Securities • Midwest/Southwest franchise Bank of Texas BOK Financial Advisors • 114 full-serv
Slide 4: Core Strategy
Core Strategy Build a bank with diverse Long-term EPS Growth vs. KRX Median* revenues that can compete upstream and BOKF CAGR = 8.2% outperform peers across varying economic cycles. "There is no principle more emphasized in our organization KRX CAGR = 4.0% than managing for long-term value rather th
Slide 5: Diversified Loan Portfolio
Diversified Loan Portfolio Disciplined concentration management, diversified by sector & geography Loan Segmentation Collateral Location as of 6/30/2025 as of 6/30/2025 17% 32% 23% Commercial real estate Texas 29% Healthcare Oklahoma Loans to individuals Colorado 11% Services Arizona Energy Kansas/M
Slide 6: Diversified Loan Portfolio
Diversified Loan Portfolio Portfolio Composition Energy Banking as of 6/30/2025 • More than 100-year history in energy lending 8% • Focus on first-lien, senior-secured E&P lending, the "sweet spot" in energy lending • Seasoned internal petroleum engineering staff to confirm collateral values - a mat
Slide 7: Strong Core Deposit Franchise
Strong Core Deposit Franchise Deposit Mix & Cost ($Millions) Deposit Mix by Geography Deposit Mix by Line of Business Demand Total Deposit Breakdown Interest-bearing transaction Savings 3% Time 19% 29% $45,000 9% 4% $40,000 4% 9% 9% $35,000 3% 9% 2% 2% 5% 6% 53% 2% $30,000 $25,000 $20,000 54% 62% 67
Slide 8: Peer-leading Fee Income and Steady Profitability
Peer-leading Fee Income and Steady Profitability Q2 2025 Fee Income % vs. KRX Index Summary BOKF 35%-40% of total revenues come from a diverse set of well- established fee income businesses, a differentiator compared to other midsized regional banks Markets & Securities Segment • Consistently among
Slide 9: Wealth Management
Wealth Management Wealth Management Revenue ($Millions) CAGR: 7.6% $700.0 $592.1 Primary Lines of Business $600.0 • Private Wealth / Asset Management - Banking and investment management, $500.0 trust and estate administration, and Cavanal Hill family of funds $400.0 • Institutional Wealth - Retireme
Slide 10: Wealth Management
Wealth Management Wealth Revenue by Line of Business For the three months ended June 30, 2025 Cavanal Hill, 2% BOK Private Financial Wealth, Securities, 43% 33% Awards, Recognition, and Rankings • Retirement Plan Services recognized as a top five provider and recipient of six Institutional "Best in
Slide 11: Mortgage Finance
Completes BOKF's mortgage lifecycle Mortgage Finance product offering: Origination • Full-service retail origination Successful launch of business in the 3rd quarter capabilities • First loans have been funded Servicing • $270 million of approved credit facilities as of September 8, • Over 126,000 l
Slide 12: Transaction Processing
Transaction Processing Transaction Processing Volume as of 12/31/2024 EFT TRANSACTION VOLUMES Debit Processing & ATM Network (Million) • Operates nationally • More than 75% of clients are outside of Oklahoma • Clients: Banks, Credit Unions and C-store chains • 800+ million EFT transactions processed
Slide 13: Q2 Financial Highlights
Q2 Financial Highlights Net Income • Net Income was $140.0 million, or $2.19 per diluted share Attributable to shareholders Per share (diluted) • Net interest margin expanded 2 basis points to 2.80% and core net $163.7 interest margin, excluding trading, grew 7 basis points to 3.12%* $140.0 $140.0 $
Slide 14: Additional Details
Additional Details Quarterly Quarterly ◦ Period end loan balances increased $602 ($Billion) Q2 2025 million, spread broadly across the Sequential YOY portfolio with growth in our core C&I Period End Loans $24.3 2.5% (1.1)% portfolio, commercial real estate and loans to individuals, partially offset
Slide 15: Credit Resilience
Credit Resilience Disciplined Credit Concentration 100 year history in energy lending and a tested playbook • 72% oil / 28% gas-weighted borrowers • CRE limit on total committed balances is 185% of tier • Robust stress testing process and 17 petroleum one capital plus reserves engineers on staff • O
Slide 16: Loan Portfolio
Loan Portfolio Seq. Loan YOY Loan ($Million) June 30, 2025 Mar. 31, 2025 June 30, 2024 Growth Growth • Combined Services & General Energy $ 2,734.7 $ 2,860.3 $ 3,451.5 (4.4)% (20.8)% Business (Core C&I) balances increased $87 million or 1.1% Services 3,658.8 3,704.8 3,577.1 (1.2)% 2.3% linked quarte
Slide 17: Credit Quality Metrics
Credit Quality Metrics Net Charge-Offs to Average Loans • Credit quality remains exceptional with non-performing Annualized assets, excluding loans guaranteed by U.S. government 0.60% agencies, totaling $74 million or 0.31% of outstanding loans and repossessed assets 0.40% • Trailing 12 months net c
Slide 18: Yields, Rate & Margin
Yields, Rate & Margin Quarterly Quarterly ($Million) Q2 2025 Q1 2025 Q2 2024 Net Interest Income sequential YOY • Net interest income was up $11.9 million linked Net Interest Income $328.2 $316.3 $296.0 3.8% 10.9% quarter, driven by the continued upward repricing of fixed-rate securities and loans.
Slide 19: Fee Income - Markets & Securities
Fee Income - Markets & Securities Trading Fees ($Million) Q2 2025 Qtr. Seq. Qtr. Seq. Qtr. YOY $ Change % Change % Change • Trading fee income increased $6.3 Trading Fees $ 14.4 $ 6.3 77.9% (47.9)% A million driven by steady customer Mortgage Banking 19.0 (0.8) (4.1)% 2.0% demand and higher mortgage
Slide 20: Fee Income - Asset Management & Transactions
Fee Income - Asset Management & Transactions • Record quarter for fiduciary and Qtr. Seq. Qtr. Seq. Qtr. YOY ($Million) Q2 2025 asset management revenue, $ Change % Change % Change transaction card, and deposit Markets & Securities $ 57.1 $ 6.2 12.3% (20.3)% A service charges Fiduciary & Asset Manag
Slide 21: Expenses
Expenses % Incr. % Incr. • Quarterly personnel expenses were ($Million) Q2 2025 Q1 2025 Q2 2024 Seq. YOY largely consistent with the prior quarter. Increased compensation expenses, primarily driven by the Personnel Expense $214.7 $214.2 $191.1 0.2% 12.4% full quarter effect of annual merit increases
Slide 22: 2025 Full Year Outlook
2025 Full Year Outlook Business Driver 2024 Actuals FY '25 As of 07/21/25* Notes Mid to upper single-digit Core C&I grew at an 8.1% rate in 2024. CRE loan funding EOP Loans $24.1 billion growth rate accelerated in Q2. Mortgage Finance expected in Q3. EOP Inv Securities $14.9 billion Flat Assumes two
Slide 23: 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 74% of the total loan portfolio is variable rate or is 3.2 years, extending to only 3.7 years if rates increase 200 fixed rate that r
Slide 24: Liquidity & Capital
Liquidity & Capital Q2 2025 Q1 2025 Q2 2024 Liquidity Loan to Deposit Ratio 63.5% 61.9% 67.7% • Period end deposit balances decreased $36 million this quarter Period-End Deposits $38.2 billion $38.3 billion $36.2 billion Available Secured Capacity $21.2 billion $21.9 billion $20.4 billion • Uninsure
Slide 25: BOK Financial Corporation
BOK FINANCIAL CORPORATION
BOK Financial — Investor Presentation (September 2025) on 6ix