BOK Financial (BOKF) investor relations material

Corporate overview and strategy

• Operates as a top 30 national/regional bank with a Midwest/Southwest franchise and 115 full-service locations across 8 states.

• Focuses on diversified revenue streams, long-term value creation, and consistent execution.

• Assets total $53.8 billion, loans $26.2 billion, deposits $38.7 billion, and assets under management or administration $123.6 billion as of March 31, 2026.

• Maintains strong credit ratings (S&P: A-/BBB+, Fitch: A/A).

Financial performance and outlook

• Q1 2026 net income was $155.8 million ($2.58 per diluted share), with a net interest margin of 2.90%.

• Loans grew 2.1% sequentially and 10.5% year-over-year, while deposits declined 1.9% sequentially but rose 1.0% year-over-year.

• Efficiency ratio was 63.2% in Q1 2026.

• 2026 outlook projects 10% loan growth, net interest income of $1.42–$1.45 billion, and mid-single-digit fee growth.

Loan portfolio and credit quality

• Loan portfolio is diversified by sector and geography, with commercial real estate, energy, healthcare, and general business as key segments.

• Energy lending focuses on first-lien, senior-secured E&P loans with low exposure to higher-risk assets.

• Nonperforming assets are 0.20% of loans; net charge-offs annualized at 3 bps in Q1 2026.

• Allowance for credit losses stands at $323 million (1.23% of loans); no provision for credit losses in Q1.