# BOK Financial (BOKF) 8-K SEC filing

- Filed: Jul 20, 2026, 4:14 PM EDT
- Accession: 0000875357-26-000045
- OpenCapital page: https://www.opencapital.sh/filings/0000875357-26-000045
- Markdown URL: https://www.opencapital.sh/filings/0000875357-26-000045.md
- Official SEC filing index: https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/0000875357-26-000045-index.htm

## Filing documents

- [8-K (bokf-20260720.htm)](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/bokf-20260720.htm)
- [EX-99.1 (a20260630bokfex99.htm)](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/a20260630bokfex99.htm)
- [EX-99.2 (a20260630bokfearningscal.htm)](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/a20260630bokfearningscal.htm)

---

## 8-K

SEC source: [bokf-20260720.htm](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/bokf-20260720.htm)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

July 20, 2026

Commission File No. 001-37811

BOK FINANCIAL CORP

(Exact name of registrant as specified in its charter)

Oklahoma 73-1373454

(State or other jurisdiction   of Incorporation or Organization) (IRS Employer   Identification No.)

Bank of Oklahoma Tower

Boston Avenue at Second Street

Tulsa, Oklahoma 74172

(Address of Principal Executive Offices) (Zip Code)

(918) 588-6000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered

Common Stock, par value $0.00006 per share BOKF Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

INFORMATION TO BE INCLUDED IN THE REPORT

## ITEM 2.02. Results of Operations and Financial Condition.

On July 20, 2026, BOK Financial Corporation (“BOK Financial”) issued a press release announcing its financial results for the three and six months ended June 30, 2026 (“Press Release”). The full text of the Press Release is attached as Exhibit 99.1(a) to this report and is incorporated herein by reference. On July 20, 2026, in connection with the issuance of the Press Release, BOK Financial released financial information related to the three and six months ended June 30, 2026 (“Financial Information”), which includes certain historical financial information relating to BOK Financial. The Financial Information is attached as Exhibit 99.1(b) to this report and is incorporated herein by reference.

## ITEM 7.01. Regulation FD Disclosure.

On July 20, 2026, in connection with the issuance of the Press Release, BOK Financial released financial information related to the three and six months ended June 30, 2026 (“Financial Information”), which includes certain historical financial information relating to BOK Financial. The Financial Information is attached as Exhibit 99.2(a) to this report and is incorporated herein by reference.

## ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 [Text of Press Release, dated July 20, 2026, titled "BOK Financial Corporation reports quarterly earnings of $177 million, or $2.92 per share, in the second quarter" and Financial Information for the Three and Six Months Ended June 30, 2026.](a20260630bokfex99.htm)

99.2 [Earnings conference call presentation, dated July 21, 2026, titled “Q2 Earnings Conference Call" for the Three and Six Months Ended June 30, 2026.](a20260630bokfearningscal.htm)

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BOK FINANCIAL CORPORATION

By: /s/ Martin E. Grunst

Martin E. Grunst

Executive Vice President

Chief Financial Officer

Date: July 20, 2026

---

## EX-99.1

SEC source: [a20260630bokfex99.htm](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/a20260630bokfex99.htm)

### BOK Financial Corporation reports quarterly earnings of $177 million, or $2.92 per share, in the second quarter.

| | | | | | | | | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Second quarter 2026 financial highlights¹ | | | | | | | | |
| Net Income | | | | | | Net income was $176.5 million, or $2.92 per diluted share, compared to $155.8 million, or $2.58 per diluted share. Excluding the net gain related to the exchange of Visa B shares and the loss from repositioning of the available-for-sale securities portfolio, net income would have been $156.5 million, or $2.59 per diluted share, in the second quarter of 2026.² | | |
| | | | | | | | | |
| Net Interest Income & Margin | | | | | | Net interest income totaled $351.8 million, an increase of $9.3 million. Net interest margin was 2.91% for the second quarter compared to 2.90% in the prior quarter. | | |
| | | | | | | | | |
| Fees & Commissions Revenue | | | | | | Fees and commissions revenue was $202.0 million compared to $209.8 million in the prior quarter. Lower trading fees and commissions revenue was partially offset by growth in fiduciary and asset management revenue and increased investment banking revenue. | | |
| | | | | | | | | |
| Operating Expense | | | | | | Operating expense increased $7.5 million to $361.7 million. Personnel expense increased $2.9 million and non-personnel expense increased $4.6 million. Excluding the impact of deferred compensation, personnel expense decreased $6.0 million. | | |
| | | | | | | | | |
| Loans | | | | | | Period end loans were up $896 million over the prior quarter, to $27.1 billion, with broad-based growth across the loan portfolio. Average outstanding loan balances were $26.8 billion, an increase of $844 million. | | |
| | | | | | | | | |
| Credit Quality | | | | | | Nonperforming assets were $63 million, or 0.23% of outstanding loans and repossessed assets, at June 30, 2026, compared to $60 million, or 0.23%, at March 31, 2026. Net charge-offs for the second quarter were $500 thousand, or 0.01% of average loans on an annualized basis. | | |
| | | | | | | | | |
| Deposits | | | | | | Period end deposits increased $1.2 billion to $39.9 billion and average deposits increased $250 million to $39.2 billion. Average interest-bearing deposits increased $261 million and average demand deposits decreased by $11 million. The loan to deposit ratio was 68% at June 30, 2026, unchanged from the prior quarter. | | |
| | | | | | | | | |
| Capital | | | | | | Tangible common equity ratio² was 9.61% compared to 9.29% at March 31, 2026. Tier 1 capital ratio was 12.90%, common equity Tier 1 capital ratio was 12.89%, and total capital ratio was 14.67%. The company repurchased 2,519 shares of common stock at an average price paid of $129.89 per share in the second quarter of 2026. | | |

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  | p |  |  | $896 million |  |  |  |  |  |  |  |  | 3 bps |  |  | $129.3 billion |  |  |
| LOAN GROWTH |  |  |  |  |  |  |  |  | NET CHARGE-OFFS (TTM) |  |  | AUMA |  |  |  |  |  |  |  |  |

CEO Commentary

Stacy Kymes, President and CEO, stated, “I am proud of the strong results our team delivered this quarter, highlighted by the highest quarterly loan production in the Company’s history. Loans increased nearly $900 million during the quarter and are up 11.5% from a year ago, driven by diverse growth across business lines and geographies. Core net interest income increased, margins remained stable, and our fee generating businesses continue to provide meaningful support. In fact, our Fiduciary and Asset Management business posted record revenue this quarter. Our consistent performance is rooted in a strong risk management culture, and our unique geographic footprint continues to create opportunities to grow faster than peers while maintaining our disciplined approach."

¹ Comparisons are to the prior quarter unless otherwise noted.

² See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.

**Net Interest Income**

| (Dollars in thousands) | June 30, 2026 | Mar. 31, 2026 | Change | % Change |
| --- | --- | --- | --- | --- |
| Tax-equivalent interest revenue |  |  |  |  |
| Interest-bearing cash and cash equivalents | $5,011 | $5,133 | $(122) | (2.4)% |
| Trading securities | 70,590 | 64,588 | 6,002 | 9.3% |
| Investment securities | 5,770 | 6,149 | (379) | (6.2)% |
| Available-for-sale securities | 135,676 | 133,963 | 1,713 | 1.3% |
| Fair value option securities | 849 | 1,389 | (540) | (38.9)% |
| Restricted equity securities | 8,838 | 6,681 | 2,157 | 32.3% |
| Residential mortgage loans held for sale | 1,452 | 1,056 | 396 | 37.5% |
| Loans | 413,667 | 399,576 | 14,091 | 3.5% |
| Total tax-equivalent interest revenue | $641,853 | $618,535 | $23,318 | 3.8% |
| Interest expense |  |  |  |  |
| Interest-bearing deposits: |  |  |  |  |
| Transaction | $176,460 | $175,802 | $658 | 0.4% |
| Savings | 1,206 | 1,162 | 44 | 3.8% |
| Time | 32,443 | 32,234 | 209 | 0.6% |
| Total interest-bearing deposits | 210,109 | 209,198 | 911 | 0.4% |
| Funds purchased and repurchase agreements | 4,016 | 6,600 | (2,584) | (39.2)% |
| Other borrowings | 66,982 | 51,482 | 15,500 | 30.1% |
| Subordinated debentures | 6,197 | 6,091 | 106 | 1.7% |
| Total interest expense | 287,304 | 273,371 | 13,933 | 5.1% |
| Tax-equivalent net interest income | 354,549 | 345,164 | 9,385 | 2.7% |
| Less: Tax-equivalent adjustment | 2,719 | 2,610 | 109 | 4.2% |
| Net interest income | $351,830 | $342,554 | $9,276 | 2.7% |
| Net interest margin | 2.91% | 2.90% | 0.01% | N/A |
| Average earning assets | $48,776,712 | $47,772,044 | $1,004,668 | 2.1% |
| Average trading securities | 5,876,732 | 5,617,531 | 259,201 | 4.6% |
| Average investment securities | 1,676,175 | 1,747,860 | (71,685) | (4.1)% |
| Average available-for-sale securities | 13,554,693 | 13,614,473 | (59,780) | (0.4)% |
| Average fair value option securities | 71,064 | 126,772 | (55,708) | (43.9)% |
| Average restricted equity securities | 461,753 | 361,514 | 100,239 | 27.7% |
| Average loans balance | 26,769,638 | 25,925,585 | 844,053 | 3.3% |
| Average interest-bearing deposits | 31,547,501 | 31,286,311 | 261,190 | 0.8% |
| Average funds purchased and repurchase agreements | 520,881 | 924,228 | (403,347) | (43.6)% |
| Average other borrowings | 6,922,451 | 5,349,061 | 1,573,390 | 29.4% |
| Average subordinated debentures | 396,642 | 396,606 | 36 | — |

Net interest income was $351.8 million for the second quarter of 2026, an increase of $9.3 million over the prior quarter. Net interest margin expanded to 2.91% from 2.90%. For the second quarter of 2026, our core net interest margin excluding trading activities¹, a non-GAAP measure, decreased 2 basis points to 3.13% compared to 3.15% in the prior quarter. Net interest margin benefited from favorable repricing of fixed-rate assets and deposits. During the quarter, these positive drivers were partially offset by a 3 basis point impact from cash margin posted on behalf of our energy customers as oil prices increased during the quarter.

¹ See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.

Average earning assets increased $1.0 billion. Average loan balances increased $844 million, with broad-based growth across the loan portfolio. Average trading securities increased $259 million and restricted equity securities increased $100 million. Average interest-bearing deposits increased $261 million, primarily from growth in interest-bearing transaction accounts and time deposits. Average funds purchased and repurchase agreements decreased $403 million, while average other borrowings increased $1.6 billion.

The yield on average earning assets was 5.27%, a 4 basis point increase over the prior quarter. The yield on trading securities increased 21 basis points to 4.85% and the yield on restricted equity securities increased 27 basis points to 7.66%. The yield on available-for-sale securities increased 5 basis points while the loan portfolio yield decreased 5 basis points to 6.20%.

Funding costs were 2.93%, up 1 basis point. The cost of interest-bearing deposits decreased 4 basis points to 2.67%. The cost of funds purchased and repurchase agreements increased 19 basis points to 3.09%, while the cost of other borrowings decreased 2 basis points to 3.88%. The benefit to net interest margin from assets funded by noninterest-bearing liabilities was 57 basis points, a decrease of 2 basis points.

Other Operating Revenue

| (Dollars in thousands) | June 30, 2026 | Mar. 31, 2026 | Change | % Change |
| --- | --- | --- | --- | --- |
| Brokerage and trading revenue | $32,450 | $43,606 | $(11,156) | (25.6)% |
| Transaction card revenue | 31,597 | 31,965 | (368) | (1.2)% |
| Fiduciary and asset management revenue | 71,007 | 66,481 | 4,526 | 6.8% |
| Deposit service charges and fees | 33,326 | 32,218 | 1,108 | 3.4% |
| Mortgage banking revenue | 18,985 | 20,963 | (1,978) | (9.4)% |
| Other revenue | 14,627 | 14,544 | 83 | 0.6% |
| Total fees and commissions | 201,992 | 209,777 | (7,785) | (3.7)% |
| Other gains (losses), net | 42,415 | (216) | 42,631 | N/A |
| Loss on derivatives, net | (8,490) | (4,374) | (4,116) | N/A |
| Loss on fair value option securities, net | — | (2,074) | 2,074 | N/A |
| Change in fair value of mortgage servicing rights | 6,300 | 8,155 | (1,855) | N/A |
| Loss on available-for-sale securities, net | (4,645) | — | (4,645) | N/A |
| Total other operating revenue | $237,572 | $211,268 | $26,304 | 12.5% |

Fees and commissions revenue totaled $202.0 million for the second quarter of 2026, decreasing $7.8 million compared to the prior quarter.

Brokerage and trading revenue decreased $11.2 million to $32.5 million. Trading fees and commissions revenue decreased $12.7 million due to lower trading volumes resulting from interest rate market volatility during the quarter. Customer hedging revenue decreased $1.1 million, primarily due to a decline in hedging activity from our energy customers. Investment banking revenue increased $3.2 million, largely related to the timing and volume of completed loan syndication transactions.

Fiduciary and asset management revenue increased $4.5 million, primarily related to seasonal tax preparation fee income combined with increased trust fees from higher market valuations and growth in client relationships.

Mortgage banking revenue decreased $2.0 million, primarily due to lower refinancing activity. Production revenue as a percentage of production volume decreased 65 basis points to 0.83%.

Deposit service charges and fees grew $1.1 million, largely due to an increase in the volume of transactions during the quarter.

Other gains (losses), net, were a net gain of $42.4 million compared to a net loss of $216 thousand in the prior quarter. The second quarter of 2026 included a $30.9 million pre-tax gain, net of economic hedge, related to the exchange of our Visa B shares under the recently announced exchange offer by Visa, Inc. The current quarter also included a net gain on investments related to deferred compensation of $8.8 million compared to a net loss of $1.8 million in the prior quarter.

Losses on available-for-sale securities, net, were $4.6 million in the second quarter of 2026 as we repositioned the portfolio by selling approximately $268 million of lower-yielding debt securities.

Operating Expense

| (Dollars in thousands) | June 30, 2026 | Mar. 31, 2026 | Change | % Change |
| --- | --- | --- | --- | --- |
| Personnel | $214,094 | $211,174 | $2,920 | 1.4% |
| Business promotion | 11,152 | 9,226 | 1,926 | 20.9% |
| Professional fees and services | 13,799 | 14,295 | (496) | (3.5)% |
| Net occupancy and equipment | 34,151 | 33,182 | 969 | 2.9% |
| FDIC and other insurance | 6,183 | 5,685 | 498 | 8.8% |
| Data processing and communications | 51,707 | 51,768 | (61) | (0.1)% |
| Printing, postage, and supplies | 3,745 | 3,679 | 66 | 1.8% |
| Amortization of intangible assets | 2,390 | 2,443 | (53) | (2.2)% |
| Mortgage banking costs | 11,879 | 11,757 | 122 | 1.0% |
| Other expense | 12,579 | 10,957 | 1,622 | 14.8% |
| Total operating expense | $361,679 | $354,166 | $7,513 | 2.1% |

Total operating expense was $361.7 million for the second quarter of 2026, an increase of $7.5 million compared to the prior quarter. The second quarter included $9.1 million of deferred compensation expense offset by gains on related investments in Other gains (losses), net. Excluding the impact of deferred compensation, total operating expense decreased $1.4 million.

Personnel costs were down $6.0 million excluding the impact of deferred compensation. Cash-based incentive compensation decreased $3.0 million, primarily driven by a decrease in trading activity during the quarter. Employee benefits expense decreased $1.8 million, largely due to a seasonal decrease in payroll taxes, partially offset by higher employee healthcare costs.

Non-personnel expense increased $4.6 million. Business promotion expense increased $1.9 million due to higher seasonal travel costs. Other expense was up $1.6 million, primarily related to an increase in operational losses.

Loans

| (Dollars in thousands) | June 30, 2026 | Mar. 31, 2026 | Change | % Change |
| --- | --- | --- | --- | --- |
| Commercial: |  |  |  |  |
| Services | $4,099,879 | $3,901,933 | $197,946 | 5.1% |
| Healthcare | 4,083,814 | 3,955,763 | 128,051 | 3.2% |
| Energy | 3,052,662 | 3,005,693 | 46,969 | 1.6% |
| Mortgage finance | 451,826 | 228,242 | 223,584 | 98.0% |
| General business | 4,609,267 | 4,481,452 | 127,815 | 2.9% |
| Total commercial | 16,297,448 | 15,573,083 | 724,365 | 4.7% |
| Commercial real estate: |  |  |  |  |
| Multifamily | 2,570,246 | 2,553,709 | 16,537 | 0.6% |
| Industrial | 1,283,315 | 1,418,626 | (135,311) | (9.5)% |
| Office | 852,721 | 821,569 | 31,152 | 3.8% |
| Retail | 670,893 | 613,976 | 56,917 | 9.3% |
| Residential construction and land development | 111,668 | 109,480 | 2,188 | 2.0% |
| Other commercial real estate | 396,487 | 367,319 | 29,168 | 7.9% |
| Total commercial real estate | 5,885,330 | 5,884,679 | 651 | —% |
| Loans to individuals: |  |  |  |  |
| Residential mortgage | 2,847,768 | 2,784,134 | 63,634 | 2.3% |
| Residential mortgage guaranteed by U.S. government agencies | 159,886 | 160,254 | (368) | (0.2)% |
| Personal | 1,893,283 | 1,785,243 | 108,040 | 6.1% |
| Total loans to individuals | 4,900,937 | 4,729,631 | 171,306 | 3.6% |
| Total loans | $27,083,715 | $26,187,393 | $896,322 | 3.4% |

Outstanding loans were $27.1 billion at June 30, 2026, an increase of $896 million over March 31, 2026, driven by broad-based growth across our loan portfolio. Unfunded loan commitments grew by $443 million over the first quarter of 2026 to $16.6 billion at June 30, 2026.

Outstanding commercial loan balances, which includes services, healthcare, energy, mortgage finance, and general business loans, increased $724 million over the prior quarter.

The Company launched the residential mortgage finance line of business in the third quarter of 2025, and these loan balances increased by $224 million during the current quarter to $452 million, or 2% of total loans.

Services sector loan balances were up $198 million over the prior quarter at $4.1 billion, or 15% of total loans. Services loans consist of a large number of loans to a variety of businesses, including state and local municipal government entities, Native American tribal government and casino operations, foundations and not-for-profit organizations, educational services, and specialty trade contractors.

Healthcare sector loan balances increased $128 million and totaled $4.1 billion, or 15% of total loans. Our healthcare sector loans primarily consist of $3.2 billion of senior housing and care facilities, including independent living, assisted living, and skilled nursing. Generally, we loan to borrowers with a portfolio of multiple facilities, which serves to help diversify risks specific to a single facility.

General business loans increased $128 million to $4.6 billion, or 17% of total loans. General business loans include $2.9 billion of wholesale/retail loans and $1.7 billion of loans from other commercial industries.

Energy loan balances grew by $47 million to $3.1 billion, or 11% of total loans. The majority of this portfolio is first lien, senior secured, reserve-based lending to oil and gas producers, which we believe is the lowest risk form of energy lending. Approximately 72% of committed production loans are secured by properties primarily producing oil. The remaining 28% are secured by properties primarily producing natural gas. Unfunded energy loan commitments were $4.6 billion at June 30, 2026, a $117 million increase over March 31, 2026.

Commercial real estate loan balances were largely unchanged compared to prior quarter at $5.9 billion, representing 22% of total loans. Loans secured by industrial facilities decreased $135 million. Loans secured by retail facilities increased $57 million, loans secured by office facilities increased $31 million, other real estate loans increased $29 million, and loans secured by multifamily properties increased $17 million. Unfunded commercial real estate loan commitments were $2.2 billion at June 30, 2026, a $105 million increase compared to March 31, 2026. We take a disciplined approach to managing our concentration of commercial real estate loan commitments as a percentage of capital.

Loans to individuals were up $171 million over the prior quarter to $4.9 billion and represent 18% of total loans. Personal loans increased $108 million and residential mortgage loans increased $63 million. Personal loans consist primarily of loans to Wealth Management clients secured by the cash surrender value of insurance policies or marketable securities. Personal loans also include direct loans secured by and for the purchase of automobiles, recreational and marine equipment, as well as unsecured loans.

Period End & Average Deposits

| (Dollars in thousands) | June 30, 2026 | Mar. 31, 2026 | Change | % Change |
| --- | --- | --- | --- | --- |
| Period end deposits |  |  |  |  |
| Demand | $7,861,661 | $7,694,329 | $167,332 | 2.2% |
| Interest-bearing transaction | 27,242,418 | 26,352,203 | 890,215 | 3.4% |
| Savings | 900,480 | 903,707 | (3,227) | (0.4)% |
| Time | 3,851,282 | 3,726,809 | 124,473 | 3.3% |
| Total deposits | $39,855,841 | $38,677,048 | $1,178,793 | 3.0% |
| Average deposits |  |  |  |  |
| Demand | $7,682,623 | $7,693,948 | $(11,325) | (0.1)% |
| Interest-bearing transaction | 26,826,903 | 26,707,581 | 119,322 | 0.4% |
| Savings | 902,531 | 877,650 | 24,881 | 2.8% |
| Time | 3,818,067 | 3,701,080 | 116,987 | 3.2% |
| Total average deposits | $39,230,124 | $38,980,259 | $249,865 | 0.6% |

Our funding sources, which primarily include deposits and wholesale borrowings, provide adequate liquidity to meet our needs. The loan to deposit ratio was 68% at June 30, 2026, consistent with the prior quarter, providing significant on-balance sheet liquidity to meet future loan demand and contractual obligations.

Period end deposits totaled $39.9 billion at June 30, 2026, a $1.2 billion increase. Interest-bearing transaction accounts increased $890 million, demand deposits increased $167 million, and time deposits increased $124 million.

Average deposits were $39.2 billion during the second quarter, a $250 million increase. Average interest-bearing transaction accounts increased $119 million and average time deposits increased $117 million.

Average Commercial Banking deposits increased $612 million to $18.9 billion, or 48% of total deposits. Our commercial deposit portfolio is highly diversified across industries and customers. The highest concentration by industry within our commercial deposit portfolio is with our energy customers representing 10% of our total deposits. Average Consumer Banking deposits increased $204 million to $8.6 billion, or 22% of total deposits. Average Wealth Management deposits decreased by $127 million to $10.7 billion, or 27% of total deposits. Average Funds Management and Other deposits decreased $439 million to $1.1 billion, or 3% of total deposits.

Capital

| Line item | Minimum Capital Requirement | Capital Conservation Buffer | Minimum Capital Requirement Including Capital Conservation Buffer | June 30, 2026 | Mar. 31, 2026 |
| --- | --- | --- | --- | --- | --- |
| Common equity Tier 1 | 4.50% | 2.50% | 7.00% | 12.89% | 12.61% |
| Tier 1 capital | 6.00% | 2.50% | 8.50% | 12.90% | 12.61% |
| Total capital | 8.00% | 2.50% | 10.50% | 14.67% | 14.39% |
| Tier 1 leverage | 4.00% | N/A | 4.00% | 9.81% | 9.85% |
| Tangible common equity ratio¹ |  |  |  | 9.61% | 9.29% |
| Common stock repurchased (shares) |  |  |  | 2,519 | — |
| Average price per share repurchased |  |  |  | $129.89 | — |

The company's common equity Tier 1 capital ratio was 12.89% at June 30, 2026. In addition, the company's Tier 1 capital ratio was 12.90%, total capital ratio was 14.67%, and leverage ratio was 9.81% at June 30, 2026. At March 31, 2026, the company's common equity Tier 1 capital ratio was 12.61%, Tier 1 capital ratio was 12.61%, total capital ratio was 14.39%, and leverage ratio was 9.85%.

The company's tangible common equity ratio¹, a non-GAAP measure, was 9.61% at June 30, 2026, and 9.29% at March 31, 2026. The tangible common equity ratio is primarily based on total shareholders' equity, which includes unrealized gains and losses on available-for-sale securities.

The company repurchased 2,519 shares of common stock at an average price paid of 129.89 per share in the second quarter of 2026. No shares of common stock were repurchased in the first quarter of 2026. We view buybacks opportunistically, but within the context of maintaining our strong capital position.

Credit Quality

Nonperforming assets totaled $63 million, or 0.23% of outstanding loans and repossessed assets, at June 30, 2026, compared to $60 million, or 0.23%, at March 31, 2026. Excluding loans guaranteed by U.S. government agencies, nonperforming assets totaled $55 million, or 0.20% of outstanding loans and repossessed assets, at June 30, 2026, compared to $52 million, or 0.20%, at March 31, 2026.

Nonaccruing loans increased $2.1 million compared to March 31, 2026. New nonaccruing loans identified in the second quarter totaled $8.5 million, offset by $3.4 million in payments received and $1.3 million in charge-offs. Nonaccruing general business loans increased $2.3 million and nonaccruing services loans increased $1.7 million, while nonaccruing loans to individuals decreased $1.6 million.

Net charge-offs were $500 thousand, or 0.01% of average loans on an annualized basis, in the second quarter. At June 30, 2026, net charge-offs for the trailing twelve months were $7.4 million, or 0.03% of average loans. Net charge-offs were $1.9 million, or 0.03% of average loans on an annualized basis, in the first quarter of 2026.

No provision for expected credit losses was necessary for the second quarter of 2026. An improvement in economic forecast assumptions, including GDP growth, lower unemployment, and improved vacancy rates, compared to the prior quarter, was offset by the impact of loan growth during the quarter.

At June 30, 2026, the combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments was $323 million, or 1.19% of outstanding loans and 592% of nonaccruing loans, excluding residential mortgage loans guaranteed by U.S. government agencies. At March 31, 2026, the combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments was $323 million, or 1.23% of outstanding loans and 618% of nonaccruing loans.

¹ See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.

Securities & Derivatives The fair value of the available-for-sale securities portfolio totaled $13.6 billion at June 30, 2026, a $43 million increase compared to March 31, 2026. At June 30, 2026, the available-for-sale securities portfolio consisted primarily of $10.1 billion of residential mortgage-backed securities fully backed by U.S. government agencies and $2.7 billion of commercial mortgage-backed securities fully backed by U.S. government agencies. At June 30, 2026, the available-for-sale securities portfolio had a net unrealized loss of $256 million, compared to $217 million at March 31, 2026.

We hold an inventory of trading securities in support of sales to a variety of customers. At June 30, 2026, the trading securities portfolio totaled $5.0 billion, compared to $5.7 billion at March 31, 2026.

The company also maintains a portfolio of residential mortgage-backed and commercial mortgage-backed securities issued by U.S. government agencies and interest rate derivative contracts as an economic hedge of the changes in the fair value of our mortgage servicing rights. This portfolio of fair value option securities decreased $150 million to $28 million at June 30, 2026.

Derivative contracts are carried at fair value. At June 30, 2026, the net fair values of derivative contracts, before consideration of cash margin, reported as assets under our customer risk management programs totaled $445 million, compared to $748 million at March 31, 2026. The aggregate net fair value of derivative contracts, before consideration of cash margin, held under these programs reported as liabilities totaled $433 million at June 30, 2026, and $734 million at March 31, 2026.

The net cost of the changes in the fair value of mortgage servicing rights and related economic hedges was $914 thousand during the second quarter of 2026, including a $7.3 million decrease in the fair value of securities and derivative contracts held as an economic hedge, a $6.3 million increase in the fair value of mortgage servicing rights, and $110 thousand of related net interest income.

Second Quarter 2026 Segment Highlights

| (In thousands) | Commercial Banking / June 30, 2026 | Commercial Banking / Mar. 31, 2026 | Consumer Banking / June 30, 2026 | Consumer Banking / Mar. 31, 2026 | Wealth Management / June 30, 2026 | Wealth Management / Mar. 31, 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Net interest income and fee revenue | $240,406 | $232,483 | $95,759 | $96,926 | $146,459 | $153,398 |
| Net loans charged-off (recovered) | (145) | 400 | 1,118 | 1,508 | (5) | 496 |
| Personnel expense | 50,042 | 51,267 | 24,715 | 25,466 | 66,332 | 69,413 |
| Non-personnel expense | 32,049 | 31,041 | 38,721 | 38,027 | 27,866 | 28,756 |
| Net income before taxes | 146,160 | 134,787 | 13,555 | 19,168 | 34,977 | 37,541 |
| Average loans | $22,003,116 | $21,232,965 | $2,633,853 | $2,584,226 | $2,479,191 | $2,430,864 |
| Average deposits | 18,918,188 | 18,306,337 | 8,592,876 | 8,389,039 | 10,656,194 | 10,782,785 |
| Assets under management or administration |  |  |  |  | $129,271,398 | $123,586,715 |

Commercial Banking contributed $146.2 million to net income before taxes in the second quarter of 2026, an increase of $11.4 million over the first quarter of 2026. Combined net interest income and fee revenue totaled $240.4 million, an increase of $7.9 million. Net interest income increased $5.5 million due to increased loan volumes and beneficial repricing of deposits. Investment banking revenue increased $3.9 million, primarily due to higher loan syndication fees and was partially offset by a $1.4 million decrease in customer hedging revenue. Other operating expenses were consistent with the prior quarter. Other gains, net, were $4.3 million for the second quarter of 2026, compared to $1.2 million in the first quarter of 2026 from merchant banking activities. Average loans increased $770 million, or 4%, to $22.0 billion. Average deposits were $18.9 billion, an increase of $612 million, or 3%.

Consumer Banking contributed $13.6 million to net income before taxes in the second quarter of 2026, a decrease of $5.6 million. Combined net interest income and fee revenue decreased $1.2 million, driven by a decrease in mortgage production performance and lower card-network incentives, partially offset by changes in deposit spreads. The net cost of the change in the fair value of mortgage servicing rights and the related economic hedges was $914 thousand, compared to a net benefit of $2.0 million in the prior quarter. Other operating expenses were consistent with the prior quarter. Corporate expense allocations increased $1.9 million. Average loans increased $50 million, or 2%, to $2.6 billion. Average deposits increased $204 million, or 2%, to $8.6 billion.

Wealth Management contributed $35.0 million to net income before taxes in the second quarter of 2026, a decrease of $2.6 million compared to the first quarter of 2026. Combined net interest income and fee revenue decreased $6.9 million, largely due to reduced trading activity from interest rate market volatility during the quarter, partially offset by a $4.5 million increase in fiduciary and asset management revenue from seasonal tax preparation fee income combined with higher trust business line fees. Other operating expenses decreased $4.0 million, primarily due to lower cash-based incentive compensation costs driven by the decrease in trading activity. Average loans increased $48 million, or 2%, to $2.5 billion. Average deposits were largely unchanged at $10.7 billion. Assets under management or administration were $129.3 billion, an increase of $5.7 billion, or 5%.

Conference Call & Webcast The company will host a conference call at noon Central time on Tuesday, July 21, 2026, to discuss the financial results with investors. The live audio webcast and presentation slides will be available on the company’s website at bokf.com. The conference call can also be accessed by dialing 1-800-715-9871 toll free, or 1-646-307-1963, conference ID: 6617678. A webcast replay will also be available shortly after the conclusion of the live call at bokf.com or by dialing 1-800-770-2030 and referencing replay PIN: 6617678.

About BOK Financial Corporation

BOK Financial Corporation is a $53 billion regional financial services company headquartered in Tulsa, Oklahoma with $129 billion in assets under management or administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc.; and BOK Financial Private Wealth, Inc. BOKF, NA's holdings include TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas; and BOK Financial in Arizona, Arkansas, Colorado, Kansas and Missouri; as well as having limited purpose offices in Connecticut, Nebraska, Tennessee, and Wisconsin. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

The company will continue to evaluate critical assumptions and estimates, such as the appropriateness of the allowance for credit losses and asset impairment as of June 30, 2026 through the date its financial statements are filed with the Securities and Exchange Commission and will adjust amounts reported if necessary.

This news release 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 services industry and the economy generally. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “plans,” “outlook,” “projects,” “will,” “intends,” “may,” “could,” “should,” “would,” “potential,” “continue,” “seek,” “target,” variations of such words and similar expressions are intended to identify such forward-looking statements. Management judgments relating to and discussion of the provision and allowance for credit losses, allowance for uncertain tax positions, accruals for loss contingencies and valuation of mortgage servicing rights involve judgments as to expected events and are inherently forward-looking statements. Assessments that acquisitions and growth endeavors will be profitable are statements of belief as to the outcome of future events based in part on information provided by others which BOK Financial has not independently verified and for which BOK Financial assumes no responsibility for the accuracy or completeness. These various forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions which are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. All statements other than statements of historical fact are forward-looking statements. Therefore, actual results and outcomes may materially differ from what is expected, implied or forecasted in such forward-looking statements. Internal and external factors that might cause such a difference include, but are not limited to: changes in government; changes in governmental economic policy, including tariffs; changes in commodity prices; interest rates and interest rate relationships; inflation; demand for products and services; the degree of competition by traditional and nontraditional competitors; changes in banking regulations; tax laws; prices, levies and assessments; the impact of technological advances; trends in customer behavior as well as their ability to repay loans; credit quality deterioration; cybersecurity incidents and data breaches; operational failures or interruptions; liquidity risks; capital adequacy requirements; litigation and regulatory enforcement actions; and other risks detailed in BOK Financial Corporation’s filings with the Securities and Exchange Commission. BOK Financial Corporation and its affiliates undertake no obligation to update, amend or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

**BALANCE SHEETS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands) | June 30, 2026 | Mar. 31, 2026 |
| --- | --- | --- |
| Assets |  |  |
| Cash and due from banks | $975,769 | $905,614 |
| Interest-bearing cash and cash equivalents | 545,597 | 506,793 |
| Trading securities | 4,952,988 | 5,652,162 |
| Investment securities, net of allowance | 1,627,281 | 1,719,731 |
| Available-for-sale securities | 13,582,780 | 13,539,565 |
| Fair value option securities | 28,461 | 178,098 |
| Restricted equity securities | 298,418 | 357,909 |
| Residential mortgage loans held for sale | 102,531 | 104,873 |
| Loans: |  |  |
| Commercial | 16,297,448 | 15,573,083 |
| Commercial real estate | 5,885,330 | 5,884,679 |
| Loans to individuals | 4,900,937 | 4,729,631 |
| Total loans | 27,083,715 | 26,187,393 |
| Allowance for loan losses | (277,474) | (277,719) |
| Loans, net of allowance | 26,806,241 | 25,909,674 |
| Premises and equipment, net | 651,641 | 631,454 |
| Receivables | 292,415 | 272,540 |
| Goodwill | 1,044,749 | 1,044,749 |
| Intangible assets, net | 29,828 | 32,303 |
| Mortgage servicing rights | 333,998 | 333,381 |
| Real estate and other repossessed assets, net of allowance | 508 | 15 |
| Derivative contracts, net | 324,711 | 782,985 |
| Cash surrender value of bank-owned life insurance | 423,126 | 424,494 |
| Receivable on unsettled securities sales | 39,673 | 156,963 |
| Other assets | 1,118,572 | 1,207,102 |
| Total assets | $53,179,287 | $53,760,405 |
| Liabilities |  |  |
| Deposits: |  |  |
| Demand | $7,861,661 | $7,694,329 |
| Interest-bearing transaction | 27,242,418 | 26,352,203 |
| Savings | 900,480 | 903,707 |
| Time | 3,851,282 | 3,726,809 |
| Total deposits | 39,855,841 | 38,677,048 |
| Funds purchased and repurchase agreements | 1,503,916 | 715,469 |
| Other borrowings | 3,073,995 | 5,753,504 |
| Subordinated debentures | 396,661 | 396,625 |
| Accrued interest, taxes, and expense | 292,534 | 325,670 |
| Due on unsettled securities purchases | 1,155,712 | 1,140,782 |
| Derivative contracts, net | 325,231 | 282,590 |
| Other liabilities | 490,499 | 493,651 |
| Total liabilities | 47,094,389 | 47,785,339 |
| Shareholders' equity |  |  |
| Capital, surplus, and retained earnings | 6,332,631 | 6,198,177 |
| Accumulated other comprehensive loss | (249,525) | (225,002) |
| Total shareholders’ equity | 6,083,106 | 5,973,175 |
| Non-controlling interests | 1,792 | 1,891 |
| Total equity | 6,084,898 | 5,975,066 |
| Total liabilities and equity | $53,179,287 | $53,760,405 |

**AVERAGE BALANCE SHEETS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Assets |  |  |  |  |  |
| Interest-bearing cash and cash equivalents | $550,518 | $577,641 | $546,045 | $495,091 | $506,330 |
| Trading securities | 5,876,732 | 5,617,531 | 5,295,598 | 5,603,200 | 6,876,788 |
| Investment securities, net of allowance | 1,676,175 | 1,747,860 | 1,804,984 | 1,861,565 | 1,918,969 |
| Available-for-sale securities | 13,554,693 | 13,614,473 | 13,564,939 | 13,386,515 | 13,218,569 |
| Fair value option securities | 71,064 | 126,772 | 72,229 | 105,651 | 88,323 |
| Restricted equity securities | 461,753 | 361,514 | 250,430 | 337,055 | 390,191 |
| Residential mortgage loans held for sale | 93,685 | 77,105 | 91,414 | 91,422 | 86,543 |
| Loans: |  |  |  |  |  |
| Commercial | 16,015,484 | 15,430,740 | 15,037,471 | 14,490,145 | 14,315,695 |
| Commercial real estate | 5,914,630 | 5,779,715 | 5,581,588 | 5,743,572 | 5,495,152 |
| Loans to individuals | 4,839,524 | 4,715,130 | 4,623,492 | 4,592,422 | 4,365,702 |
| Total loans | 26,769,638 | 25,925,585 | 25,242,551 | 24,826,139 | 24,176,549 |
| Allowance for loan losses | (277,546) | (276,437) | (277,580) | (277,398) | (278,191) |
| Loans, net of allowance | 26,492,092 | 25,649,148 | 24,964,971 | 24,548,741 | 23,898,358 |
| Total earning assets | 48,776,712 | 47,772,044 | 46,590,610 | 46,429,240 | 46,984,071 |
| Cash and due from banks | 979,068 | 963,980 | 988,135 | 960,602 | 915,487 |
| Derivative contracts, net | 662,250 | 421,256 | 268,675 | 317,732 | 374,125 |
| Cash surrender value of bank-owned life insurance | 422,700 | 422,540 | 420,167 | 417,261 | 419,602 |
| Receivable on unsettled securities sales | 196,521 | 173,506 | 227,678 | 162,035 | 228,563 |
| Other assets | 3,520,847 | 3,369,683 | 3,357,081 | 3,405,206 | 3,365,104 |
| Total assets | $54,558,098 | $53,123,009 | $51,852,346 | $51,692,076 | $52,286,952 |
| Liabilities |  |  |  |  |  |
| Deposits: |  |  |  |  |  |
| Demand | $7,682,623 | $7,693,948 | $8,009,082 | $7,894,847 | $7,958,538 |
| Interest-bearing transaction | 26,826,903 | 26,707,581 | 27,396,541 | 26,076,475 | 25,859,336 |
| Savings | 902,531 | 877,650 | 852,390 | 867,939 | 853,062 |
| Time | 3,818,067 | 3,701,080 | 3,729,596 | 3,641,985 | 3,465,780 |
| Total deposits | 39,230,124 | 38,980,259 | 39,987,609 | 38,481,246 | 38,136,716 |
| Funds purchased and repurchase agreements | 520,881 | 924,228 | 1,185,566 | 873,800 | 782,039 |
| Other borrowings | 6,922,451 | 5,349,061 | 3,008,388 | 5,048,301 | 6,019,948 |
| Subordinated debentures | 396,642 | 396,606 | 241,482 | — | 99,846 |
| Derivative contracts, net | 291,598 | 302,403 | 317,206 | 332,893 | 359,616 |
| Due on unsettled securities purchases | 494,740 | 418,478 | 452,673 | 329,361 | 503,490 |
| Other liabilities | 661,187 | 727,779 | 697,979 | 663,323 | 591,496 |
| Total liabilities | 48,517,623 | 47,098,814 | 45,890,903 | 45,728,924 | 46,493,151 |
| Total equity | 6,040,475 | 6,024,195 | 5,961,443 | 5,963,152 | 5,793,801 |
| Total liabilities and equity | $54,558,098 | $53,123,009 | $51,852,346 | $51,692,076 | $52,286,952 |

**STATEMENTS OF EARNINGS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands, except share and per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- |
| Interest revenue | $639,134 | $642,427 | $1,255,059 | $1,260,997 |
| Interest expense | 287,304 | 314,261 | 560,675 | 616,580 |
| Net interest income | 351,830 | 328,166 | 694,384 | 644,417 |
| Provision for credit losses | — | — | — | — |
| Net interest income after provision for credit losses | 351,830 | 328,166 | 694,384 | 644,417 |
| Other operating revenue: |  |  |  |  |
| Brokerage and trading revenue | 32,450 | 38,125 | 76,056 | 69,193 |
| Transaction card revenue | 31,597 | 29,561 | 63,562 | 56,653 |
| Fiduciary and asset management revenue | 71,007 | 63,964 | 137,488 | 124,936 |
| Deposit service charges and fees | 33,326 | 31,319 | 65,544 | 61,594 |
| Mortgage banking revenue | 18,985 | 18,993 | 39,948 | 38,808 |
| Other revenue | 14,627 | 15,368 | 29,171 | 30,262 |
| Total fees and commissions | 201,992 | 197,330 | 411,769 | 381,446 |
| Other gains, net | 42,415 | 8,140 | 42,199 | 7,415 |
| Gain (loss) on derivatives, net | (8,490) | 5,535 | (12,864) | 15,100 |
| Gain (loss) on fair value option securities, net | — | 1,112 | (2,074) | 1,437 |
| Change in fair value of mortgage servicing rights | 6,300 | (5,019) | 14,455 | (12,259) |
| Loss on available-for-sale securities, net | (4,645) | — | (4,645) | — |
| Total other operating revenue | 237,572 | 207,098 | 448,840 | 393,139 |
| Other operating expense: |  |  |  |  |
| Personnel | 214,094 | 214,711 | 425,268 | 428,896 |
| Business promotion | 11,152 | 9,139 | 20,378 | 17,957 |
| Professional fees and services | 13,799 | 15,402 | 28,094 | 28,671 |
| Net occupancy and equipment | 34,151 | 32,657 | 67,333 | 65,649 |
| FDIC and other insurance | 6,183 | 6,439 | 11,868 | 13,026 |
| FDIC special assessment | — | (523) | — | — |
| Data processing and communications | 51,707 | 49,597 | 103,475 | 97,175 |
| Printing, postage, and supplies | 3,745 | 4,067 | 7,424 | 7,706 |
| Amortization of intangible assets | 2,390 | 2,656 | 4,833 | 5,308 |
| Mortgage banking costs | 11,879 | 6,711 | 23,636 | 14,400 |
| Other expense | 12,579 | 13,647 | 23,536 | 23,244 |
| Total other operating expense | 361,679 | 354,503 | 715,845 | 702,032 |
| Net income before taxes | 227,723 | 180,761 | 427,379 | 335,524 |
| Federal and state income taxes | 51,141 | 40,691 | 95,077 | 75,683 |
| Net income | 176,582 | 140,070 | 332,302 | 259,841 |
| Net income (loss) attributable to non-controlling interests | 43 | 52 | (3) | 46 |
| Net income attributable to BOK Financial Corporation shareholders | $176,539 | $140,018 | $332,305 | $259,795 |
| Earnings per share: |  |  |  |  |
| Basic and diluted | $2.92 | $2.19 | $5.49 | $4.05 |
| Average shares used in computation: |  |  |  |  |
| Basic and diluted | 60,080,833 | 63,208,027 | 60,057,189 | 63,376,857 |

**QUARTERLY EARNINGS TREND – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands, except share and per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Interest revenue | $639,134 | $615,925 | $625,818 | $644,453 | $642,427 |
| Interest expense | 287,304 | 273,371 | 280,537 | 306,807 | 314,261 |
| Net interest income | 351,830 | 342,554 | 345,281 | 337,646 | 328,166 |
| Provision for credit losses | — | — | — | 2,000 | — |
| Net interest income after provision for credit losses | 351,830 | 342,554 | 345,281 | 335,646 | 328,166 |
| Other operating revenue: |  |  |  |  |  |
| Brokerage and trading revenue | 32,450 | 43,606 | 47,310 | 43,239 | 38,125 |
| Transaction card revenue | 31,597 | 31,965 | 31,564 | 29,463 | 29,561 |
| Fiduciary and asset management revenue | 71,007 | 66,481 | 68,347 | 63,878 | 63,964 |
| Deposit service charges and fees | 33,326 | 32,218 | 32,039 | 31,896 | 31,319 |
| Mortgage banking revenue | 18,985 | 20,963 | 19,013 | 19,764 | 18,993 |
| Other revenue | 14,627 | 14,544 | 16,591 | 16,190 | 15,368 |
| Total fees and commissions | 201,992 | 209,777 | 214,864 | 204,430 | 197,330 |
| Other gains (losses), net | 42,415 | (216) | 28,078 | 8,264 | 8,140 |
| Gain (loss) on derivatives, net | (8,490) | (4,374) | (2,366) | (453) | 5,535 |
| Gain (loss) on fair value option securities, net | — | (2,074) | 551 | 630 | 1,112 |
| Change in fair value of mortgage servicing rights | 6,300 | 8,155 | 1,407 | (2,375) | (5,019) |
| Gain (loss) on available-for-sale securities, net | (4,645) | — | 1,748 | 213 | — |
| Total other operating revenue | 237,572 | 211,268 | 244,282 | 210,709 | 207,098 |
| Other operating expense: |  |  |  |  |  |
| Personnel | 214,094 | 211,174 | 222,726 | 226,347 | 214,711 |
| Business promotion | 11,152 | 9,226 | 11,516 | 9,960 | 9,139 |
| Professional fees and services | 13,799 | 14,295 | 18,371 | 15,137 | 15,402 |
| Net occupancy and equipment | 34,151 | 33,182 | 32,693 | 33,040 | 32,657 |
| FDIC and other insurance | 6,183 | 5,685 | 6,078 | 7,302 | 6,439 |
| FDIC special assessment | — | — | (9,479) | (1,209) | (523) |
| Data processing and communications | 51,707 | 51,768 | 51,299 | 50,062 | 49,597 |
| Printing, postage, and supplies | 3,745 | 3,679 | 4,077 | 4,036 | 4,067 |
| Amortization of intangible assets | 2,390 | 2,443 | 2,656 | 2,656 | 2,656 |
| Mortgage banking costs | 11,879 | 11,757 | 10,663 | 10,668 | 6,711 |
| Other expense | 12,579 | 10,957 | 10,454 | 11,771 | 13,647 |
| Total other operating expense | 361,679 | 354,166 | 361,054 | 369,770 | 354,503 |
| Net income before taxes | 227,723 | 199,656 | 228,509 | 176,585 | 180,761 |
| Federal and state income taxes | 51,141 | 43,936 | 51,243 | 35,714 | 40,691 |
| Net income | 176,582 | 155,720 | 177,266 | 140,871 | 140,070 |
| Net income (loss) attributable to non-controlling interests | 43 | (46) | (35) | (23) | 52 |
| Net income attributable to BOK Financial Corporation shareholders | $176,539 | $155,766 | $177,301 | $140,894 | $140,018 |
| Earnings per share: |  |  |  |  |  |
| Basic and diluted | $2.92 | $2.58 | $2.89 | $2.22 | $2.19 |
| Average shares used in computation: |  |  |  |  |  |
| Basic and diluted | 60,080,833 | 60,033,282 | 60,916,929 | 62,840,270 | 63,208,027 |

**FINANCIAL HIGHLIGHTS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands, except ratio, share, and per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Capital: |  |  |  |  |  |
| Period end shareholders' equity | $6,083,106 | $5,973,175 | $5,918,646 | $6,022,535 | $5,890,888 |
| Risk-weighted assets | $40,935,789 | $40,777,918 | $38,966,948 | $38,136,467 | $37,630,803 |
| Risk-based capital ratios: |  |  |  |  |  |
| Common equity Tier 1 | 12.89% | 12.61% | 12.90% | 13.60% | 13.59% |
| Tier 1 | 12.90% | 12.61% | 12.90% | 13.61% | 13.60% |
| Total capital | 14.67% | 14.39% | 14.77% | 14.48% | 14.48% |
| Leverage ratio | 9.81% | 9.85% | 9.86% | 10.19% | 9.88% |
| Tangible common equity ratio¹ | 9.61% | 9.29% | 9.46% | 10.06% | 9.63% |
| Common stock: |  |  |  |  |  |
| Book value per share | $100.11 | $98.31 | $97.63 | $95.22 | $92.61 |
| Tangible book value per share | $82.42 | $80.58 | $79.83 | $78.11 | $75.56 |
| Market value per share: |  |  |  |  |  |
| High | $139.73 | $138.42 | $122.16 | $114.17 | $104.15 |
| Low | $123.24 | $113.53 | $102.72 | $96.89 | $85.08 |
| Cash dividends paid | $38,116 | $38,118 | $38,042 | $36,122 | $36,256 |
| Dividend payout ratio | 21.59% | 24.47% | 21.46% | 25.64% | 25.89% |
| Shares outstanding, net | 60,766,867 | 60,759,992 | 60,620,507 | 63,247,676 | 63,611,097 |
| Stock buy-back program: |  |  |  |  |  |
| Shares repurchased | 2,519 | — | 2,617,414 | 365,547 | 663,298 |
| Amount | $327 | — | $282,645 | $40,575 | $62,341 |
| Average price paid per share² | $129.89 | — | $107.99 | $111.00 | $93.99 |
| Performance ratios (quarter annualized): |  |  |  |  |  |
| Return on average assets | 1.30% | 1.19% | 1.36% | 1.08% | 1.07% |
| Return on average equity | 11.73% | 10.49% | 11.80% | 9.38% | 9.70% |
| Return on average tangible common equity¹ | 14.27% | 12.78% | 14.42% | 11.46% | 11.94% |
| Net interest margin | 2.91% | 2.90% | 2.98% | 2.91% | 2.80% |
| Efficiency ratio¹ | 60.21% | 63.21% | 60.71% | 66.66% | 65.42% |
| Adjusted efficiency ratio¹ | 63.49% | 63.21% | 64.89% | 66.88% | 65.52% |
| Other data: |  |  |  |  |  |
| Tax-equivalent interest | $2,719 | $2,610 | $2,555 | $2,565 | $2,574 |
| Net unrealized loss on available-for-sale securities | $(256,458) | $(216,978) | $(132,566) | $(203,682) | $(276,678) |

1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.

2 Excludes 1% excise tax on corporate stock repurchases.

³ Actual interest earned on fair value option securities less internal transfer-priced cost of funds. 15

| (In thousands, except ratio, share, and per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Mortgage banking: |  |  |  |  |  |
| Mortgage production revenue | $2,174 | $3,926 | $1,963 | $2,370 | $1,707 |
| Mortgage loans funded for sale | $280,838 | $230,858 | $230,376 | $229,812 | $219,154 |
| Add: Current period end outstanding commitments | 65,547 | 83,674 | 49,048 | 67,842 | 64,508 |
| Less: Prior period end outstanding commitments | 83,674 | 49,048 | 67,842 | 64,508 | 60,429 |
| Total mortgage production volume | $262,711 | $265,484 | $211,582 | $233,146 | $223,233 |
| Mortgage loan refinances to mortgage loans funded for sale | 20% | 30% | 27% | 13% | 16% |
| Realized margin on funded mortgage loans | 1.01% | 1.22% | 1.10% | 0.96% | 0.66% |
| Production revenue as a percentage of production volume | 0.83% | 1.48% | 0.93% | 1.02% | 0.76% |
| Mortgage servicing revenue | $16,811 | $17,037 | $17,050 | $17,394 | $17,286 |
| Average outstanding principal balance of mortgage loans serviced for others | $21,718,909 | $22,109,450 | $21,882,238 | $22,269,300 | $22,687,658 |
| Average mortgage servicing revenue rates | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% |
| Gain (loss) on mortgage servicing rights, net of economic hedge: |  |  |  |  |  |
| Gain (loss) on derivatives, net | $(7,324) | $(4,211) | $(2,651) | $(508) | $5,230 |
| Gain (loss) on fair value option securities, net | — | (2,074) | 551 | 630 | 1,112 |
| Gain (loss) on economic hedge of mortgage servicing rights | (7,324) | (6,285) | (2,100) | 122 | 6,342 |
| Change in fair value of mortgage servicing rights | 6,300 | 8,155 | 1,407 | (2,375) | (5,019) |
| Gain (loss) on changes in fair value of mortgage servicing rights, net of economic hedges, included in other operating revenue | (1,024) | 1,870 | (693) | (2,253) | 1,323 |
| Net interest income (expense) on fair value option securities³ | 110 | 86 | 114 | 169 | 229 |
| Total economic benefit (cost) of changes in the fair value of mortgage servicing rights, net of economic hedges | $(914) | $1,956 | $(579) | $(2,084) | $1,552 |

1 See Explanation and Reconciliation of Non-GAAP Measures - Unaudited section following.

2 Excludes 1% excise tax on corporate stock repurchases.

³ Actual interest earned on fair value option securities less internal transfer-priced cost of funds. 16

**EXPLANATION AND RECONCILIATION OF NON-GAAP MEASURES – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands, except ratio and per share data) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Reconciliation of tangible common equity ratio: |  |  |  |  |  |
| Total shareholders' equity | $6,083,106 | $5,973,175 | $5,918,646 | $6,022,535 | $5,890,888 |
| Less: Goodwill and intangible assets, net | 1,074,577 | 1,077,052 | 1,079,501 | 1,082,125 | 1,084,749 |
| Tangible common equity | $5,008,529 | $4,896,123 | $4,839,145 | $4,940,410 | $4,806,139 |
| Total assets | $53,179,287 | $53,760,405 | $52,237,501 | $50,193,387 | $50,998,077 |
| Less: Goodwill and intangible assets, net | 1,074,577 | 1,077,052 | 1,079,501 | 1,082,125 | 1,084,749 |
| Tangible assets | $52,104,710 | $52,683,353 | $51,158,000 | $49,111,262 | $49,913,328 |
| Tangible common equity ratio | 9.61% | 9.29% | 9.46% | 10.06% | 9.63% |
| Reconciliation of return on average tangible common equity: |  |  |  |  |  |
| Total average shareholders' equity | $6,038,651 | $6,022,247 | $5,959,186 | $5,960,711 | $5,791,275 |
| Less: Average goodwill and intangible assets, net | 1,075,733 | 1,078,240 | 1,080,758 | 1,083,390 | 1,086,991 |
| Average tangible common equity | $4,962,918 | $4,944,007 | $4,878,428 | $4,877,321 | $4,704,284 |
| Net income attributable to BOK Financial Corporation shareholders | $176,539 | $155,766 | $177,301 | $140,894 | $140,018 |
| Return on average tangible common equity | 14.27% | 12.78% | 14.42% | 11.46% | 11.94% |
| Calculation of efficiency ratio and adjusted efficiency ratio: |  |  |  |  |  |
| Total other operating expense | $361,679 | $354,166 | $361,054 | $369,770 | $354,503 |
| Less: Amortization of intangible assets | 2,390 | 2,443 | 2,656 | 2,656 | 2,656 |
| Numerator for efficiency ratio | $359,289 | $351,723 | $358,398 | $367,114 | $351,847 |
| Less: FDIC special assessment expense (benefit) | — | — | (9,479) | (1,209) | (523) |
| Numerator for adjusted efficiency ratio | $359,289 | $351,723 | $367,877 | $368,323 | $352,370 |
| Net interest income | $351,830 | $342,554 | $345,281 | $337,646 | $328,166 |
| Add: Tax-equivalent adjustment | 2,719 | 2,610 | 2,555 | 2,565 | 2,574 |
| Tax-equivalent net interest income | 354,549 | 345,164 | 347,836 | 340,211 | 330,740 |
| Add: Total other operating revenue | 237,572 | 211,268 | 244,282 | 210,709 | 207,098 |
| Less: Gain (loss) on available-for-sale securities, net | (4,645) | — | 1,748 | 213 | — |
| Denominator for efficiency ratio | $596,766 | $556,432 | $590,370 | $550,707 | $537,838 |
| Less: Gain on sale of merchant banking investment | — | — | 23,475 | — | — |
| Less: Gain on exchange of Visa shares | 30,908 | — | — | — | — |
| Denominator for adjusted efficiency ratio | $565,858 | $556,432 | $566,895 | $550,707 | $537,838 |
| Efficiency ratio | 60.21% | 63.21% | 60.71% | 66.66% | 65.42% |
| Adjusted efficiency ratio | 63.49% | 63.21% | 64.89% | 66.88% | 65.52% |

**Reconciliation of pre-provision net revenue:**

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Net income before taxes | $ | $227,723 | $ | $199,656 | $ | $228,509 | $ | $176,585 | $ | $180,761 |
| Add: Provision for credit losses | — |  | — |  | — |  | 2,000 |  | — |  |
| Less: Net income (loss) attributable to non-controlling interests | 43 |  | (46) |  | (35) |  | (23) |  | 52 |  |
| Pre-provision net revenue | $ | $227,680 | $ | $199,702 | $ | $228,544 | $ | $178,608 | $ | $180,709 |
| Information on net interest income and net interest margin excluding trading activities: |  |  |  |  |  |  |  |  |  |  |
| Net interest income | $ | $351,830 | $ | $342,554 | $ | $345,281 | $ | $337,646 | $ | $328,166 |
| Less: Trading activities net interest income | 18,283 |  | 15,366 |  | 13,211 |  | 14,325 |  | 16,138 |  |
| Net interest income excluding trading activities | 333,547 |  | 327,188 |  | 332,070 |  | 323,321 |  | 312,028 |  |
| Add: Tax-equivalent adjustment | 2,719 |  | 2,610 |  | 2,555 |  | 2,565 |  | 2,574 |  |
| Tax-equivalent net interest income excluding trading activities | $ | $336,266 | $ | $329,798 | $ | $334,625 | $ | $325,886 | $ | $314,602 |
| Average interest-earning assets | $ | $48,776,712 | $ | $47,772,044 | $ | $46,590,610 | $ | $46,429,240 | $ | $46,984,071 |
| Less: Average trading activities interest-earning assets | 5,876,732 |  | 5,617,531 |  | 5,295,598 |  | 5,603,200 |  | 6,876,788 |  |
| Average interest-earning assets excluding trading activities | $ | $42,899,980 | $ | $42,154,513 | $ | $41,295,012 | $ | $40,826,040 | $ | $40,107,283 |
| Net interest margin on average interest-earning assets | 2.91 |  | 2.90 |  | 2.98 |  | 2.91 |  | 2.80 |  |
| Net interest margin on average trading activities interest-earning assets | 1.25 |  | 1.05 |  | 1.04 |  | 1.07 |  | 0.93 |  |
| Net interest margin on average interest-earning assets excluding trading activities | 3.13 |  | 3.15 |  | 3.22 |  | 3.16 |  | 3.12 |  |
| Reconciliation of adjusted net income and earnings per share: |  |  |  |  |  |  |  |  |  |  |
| Net income attributable to BOK Financial Corporation shareholders | $ | $176,539 | $ | $155,766 | $ | $177,301 | $ | $140,894 | $ | $140,018 |
| Impact of FDIC special assessment benefit, net of tax | — |  | — |  | (7,239) |  | (923) |  | (399) |  |
| Gain on exchange of Visa shares, net of tax | (23,604) |  | — |  | — |  | — |  | (2,340) |  |
| Loss on repositioning of available-for-sale securities portfolio, net of tax | 3,547 |  | — |  | — |  | — |  | — |  |
| Gain on sale of merchant banking investment, net of tax | — |  | — |  | (17,928) |  | — |  | — |  |
| Adjusted net income | $ | $156,482 | $ | $155,766 | $ | $152,134 | $ | $139,971 | $ | $137,279 |
| Earnings per share | $ | $2.92 | $ | $2.58 | $ | $2.89 | $ | $2.22 | $ | $2.19 |
| Impact of FDIC special assessment benefit, net of tax | — |  | — |  | (0.12) |  | (0.01) |  | (0.01) |  |
| Gain on exchange of Visa shares, net of tax | (0.39) |  | — |  | — |  | — |  | (0.04) |  |
| Loss on repositioning of available-for-sale securities portfolio, net of tax | 0.06 |  | — |  | — |  | — |  | — |  |
| Gain on sale of merchant banking investment, net of tax | — |  | — |  | (0.29) |  | — |  | — |  |
| Adjusted earnings per share | $ | $2.59 | $ | $2.58 | $ | $2.48 | $ | $2.21 | $ | $2.14 |

Explanation of Non-GAAP Measures

The tangible common equity ratio and return on average tangible common equity are primarily based on total shareholders' equity, which includes unrealized gains and losses on available-for-sale securities, less intangible assets and equity that do not benefit common shareholders. These measures are valuable indicators of a financial institution's capital strength since they eliminate intangible assets from shareholders' equity and retain the effect of unrealized losses on securities and other components of accumulated other comprehensive income in shareholders' equity.

The efficiency ratio and adjusted efficiency ratio measure the company's ability to use its assets and manage its liabilities effectively in the current period.

Pre-provision net revenue is a measure of revenue less expenses and is calculated before provision for credit losses and income tax expense. This financial measure is frequently used by investors and analysts and enables them to assess a company's ability to generate earnings to cover credit losses through a credit cycle. It also provides an additional basis for comparing the results of operations between periods by isolating the impact of the provision for credit losses, which can vary significantly between periods.

Net interest income and net interest margin excluding trading activities removes the effect of trading activities on these metrics allowing management and investors to assess the performance of the company's core lending and deposit activities without the associated volatility from trading activities.

We believe adjusting net income and earnings per share for notable non-core items enhances comparability of results with prior periods, demonstrates the impact of significant items, and provides a useful measure for determining the company's expenses that are core to our business operations and are expected to recur over time.

**LOANS TREND – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands) | June 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Sep. 30, 2025 | June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Commercial: |  |  |  |  |  |
| Services | $4,099,879 | $3,901,933 | $3,911,917 | $3,710,643 | $3,658,807 |
| Healthcare | 4,083,814 | 3,955,763 | 4,008,208 | 3,878,543 | 3,808,936 |
| Energy | 3,052,662 | 3,005,693 | 2,882,242 | 2,681,512 | 2,734,713 |
| Mortgage finance | 451,826 | 228,242 | 177,765 | 84,271 | — |
| General business | 4,609,267 | 4,481,452 | 4,300,935 | 4,157,971 | 4,181,726 |
| Total commercial | 16,297,448 | 15,573,083 | 15,281,067 | 14,512,940 | 14,384,182 |
| Commercial real estate: |  |  |  |  |  |
| Multifamily | 2,570,246 | 2,553,709 | 2,432,330 | 2,500,323 | 2,473,365 |
| Industrial | 1,283,315 | 1,418,626 | 1,368,436 | 1,396,795 | 1,304,211 |
| Office | 852,721 | 821,569 | 814,139 | 811,601 | 690,086 |
| Retail | 670,893 | 613,976 | 573,451 | 593,835 | 592,043 |
| Residential construction and land development | 111,668 | 109,480 | 129,783 | 122,033 | 105,701 |
| Other commercial real estate | 396,487 | 367,319 | 353,867 | 328,020 | 356,035 |
| Total commercial real estate | 5,885,330 | 5,884,679 | 5,672,006 | 5,752,607 | 5,521,441 |
| Loans to individuals: |  |  |  |  |  |
| Residential mortgage | 2,847,768 | 2,784,134 | 2,731,415 | 2,676,366 | 2,610,681 |
| Residential mortgage guaranteed by U.S. government agencies | 159,886 | 160,254 | 158,359 | 151,642 | 148,453 |
| Personal | 1,893,283 | 1,785,243 | 1,808,615 | 1,771,639 | 1,627,454 |
| Total loans to individuals | 4,900,937 | 4,729,631 | 4,698,389 | 4,599,647 | 4,386,588 |
| Total loans | $27,083,715 | $26,187,393 | $25,651,462 | $24,865,194 | $24,292,211 |

**LOANS MANAGED BY PRINCIPAL MARKET AREA – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands) | June 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Sep. 30, 2025 | June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Texas: |  |  |  |  |  |
| Commercial | $7,628,676 | $7,489,036 | $7,383,319 | $6,800,577 | $6,893,246 |
| Commercial real estate | 2,063,517 | 2,149,123 | 2,057,016 | 2,107,335 | 1,997,598 |
| Loans to individuals | 1,090,244 | 1,077,386 | 1,066,827 | 1,037,831 | 996,341 |
| Total Texas | 10,782,437 | 10,715,545 | 10,507,162 | 9,945,743 | 9,887,185 |
| Oklahoma: |  |  |  |  |  |
| Commercial | 4,528,261 | 3,907,911 | 3,829,109 | 3,692,319 | 3,455,696 |
| Commercial real estate | 656,369 | 612,981 | 589,709 | 574,126 | 512,075 |
| Loans to individuals | 3,161,854 | 3,065,886 | 3,005,460 | 2,927,185 | 2,725,320 |
| Total Oklahoma | 8,346,484 | 7,586,778 | 7,424,278 | 7,193,630 | 6,693,091 |
| Arizona: |  |  |  |  |  |
| Commercial | 1,344,873 | 1,378,256 | 1,253,824 | 1,228,593 | 1,166,745 |
| Commercial real estate | 1,445,762 | 1,448,141 | 1,332,658 | 1,348,838 | 1,165,927 |
| Loans to individuals | 219,062 | 220,116 | 224,354 | 222,963 | 226,727 |
| Total Arizona | 3,009,697 | 3,046,513 | 2,810,836 | 2,800,394 | 2,559,399 |
| Colorado: |  |  |  |  |  |
| Commercial | 2,071,731 | 2,125,660 | 2,127,979 | 2,132,770 | 2,185,658 |
| Commercial real estate | 590,820 | 596,517 | 600,668 | 589,307 | 791,171 |
| Loans to individuals | 191,015 | 191,721 | 200,378 | 208,323 | 217,088 |
| Total Colorado | 2,853,566 | 2,913,898 | 2,929,025 | 2,930,400 | 3,193,917 |
| Kansas/Missouri: |  |  |  |  |  |
| Commercial | 337,120 | 291,075 | 282,189 | 270,068 | 303,692 |
| Commercial real estate | 529,988 | 537,709 | 571,331 | 618,052 | 556,390 |
| Loans to individuals | 182,925 | 117,617 | 142,392 | 142,408 | 155,154 |
| Total Kansas/Missouri | 1,050,033 | 946,401 | 995,912 | 1,030,528 | 1,015,236 |
| New Mexico: |  |  |  |  |  |
| Commercial | 310,768 | 308,712 | 311,636 | 282,479 | 282,918 |
| Commercial real estate | 538,269 | 484,623 | 465,228 | 458,720 | 443,516 |
| Loans to individuals | 47,787 | 48,099 | 49,589 | 51,056 | 55,714 |
| Total New Mexico | 896,824 | 841,434 | 826,453 | 792,255 | 782,148 |
| Arkansas: |  |  |  |  |  |
| Commercial | 76,019 | 72,433 | 93,011 | 106,134 | 96,227 |
| Commercial real estate | 60,605 | 55,585 | 55,396 | 56,229 | 54,764 |
| Loans to individuals | 8,050 | 8,806 | 9,389 | 9,881 | 10,244 |
| Total Arkansas | 144,674 | 136,824 | 157,796 | 172,244 | 161,235 |
| Total BOK Financial | $27,083,715 | $26,187,393 | $25,651,462 | $24,865,194 | $24,292,211 |

Loans attributed to a principal market may not always represent the location of the borrower or the collateral.

**DEPOSITS BY PRINCIPAL MARKET AREA – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands) | June 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Sep. 30, 2025 | June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Oklahoma: |  |  |  |  |  |
| Demand | $3,482,203 | $3,463,094 | $3,492,243 | $3,520,203 | $3,589,146 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 13,623,048 | 13,629,679 | 13,732,961 | 13,352,070 | 13,537,068 |
| Savings | 563,466 | 561,079 | 532,284 | 520,995 | 521,734 |
| Time | 2,371,623 | 2,245,523 | 2,232,078 | 2,356,945 | 2,166,094 |
| Total interest-bearing | 16,558,137 | 16,436,281 | 16,497,323 | 16,230,010 | 16,224,896 |
| Total Oklahoma | 20,040,340 | 19,899,375 | 19,989,566 | 19,750,213 | 19,814,042 |
| Texas: |  |  |  |  |  |
| Demand | 2,178,864 | 2,071,766 | 2,177,256 | 2,194,177 | 2,082,652 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 7,167,229 | 6,447,755 | 6,691,395 | 6,427,135 | 6,203,081 |
| Savings | 148,701 | 153,501 | 149,593 | 147,560 | 155,027 |
| Time | 673,126 | 676,876 | 647,158 | 649,757 | 638,657 |
| Total interest-bearing | 7,989,056 | 7,278,132 | 7,488,146 | 7,224,452 | 6,996,765 |
| Total Texas | 10,167,920 | 9,349,898 | 9,665,402 | 9,418,629 | 9,079,417 |
| Colorado: |  |  |  |  |  |
| Demand | 977,110 | 881,440 | 1,152,203 | 929,383 | 1,040,223 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 2,210,988 | 2,072,825 | 2,137,579 | 2,204,899 | 1,989,284 |
| Savings | 56,735 | 58,605 | 54,809 | 53,768 | 55,326 |
| Time | 293,325 | 299,196 | 282,320 | 284,962 | 278,914 |
| Total interest-bearing | 2,561,048 | 2,430,626 | 2,474,708 | 2,543,629 | 2,323,524 |
| Total Colorado | 3,538,158 | 3,312,066 | 3,626,911 | 3,473,012 | 3,363,747 |
| New Mexico: |  |  |  |  |  |
| Demand | 599,831 | 580,900 | 580,400 | 591,330 | 609,205 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 1,596,275 | 1,447,506 | 1,405,940 | 1,376,694 | 1,416,741 |
| Savings | 102,306 | 99,848 | 95,630 | 94,180 | 94,930 |
| Time | 386,946 | 374,661 | 354,757 | 347,227 | 340,946 |
| Total interest-bearing | 2,085,527 | 1,922,015 | 1,856,327 | 1,818,101 | 1,852,617 |
| Total New Mexico | 2,685,358 | 2,502,915 | 2,436,727 | 2,409,431 | 2,461,822 |
| Arizona: |  |  |  |  |  |
| Demand | 351,429 | 398,102 | 365,007 | 368,432 | 385,442 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 1,369,657 | 1,439,796 | 1,450,416 | 1,406,300 | 1,467,509 |
| Savings | 9,787 | 11,593 | 14,656 | 13,571 | 10,536 |
| Time | 73,261 | 73,912 | 72,286 | 71,886 | 72,041 |
| Total interest-bearing | 1,452,705 | 1,525,301 | 1,537,358 | 1,491,757 | 1,550,086 |
| Total Arizona | 1,804,134 | 1,923,403 | 1,902,365 | 1,860,189 | 1,935,528 |

| (In thousands) | June 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Sep. 30, 2025 | June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Kansas/Missouri: |  |  |  |  |  |
| Demand | 248,190 | 271,399 | 281,263 | 282,235 | 269,408 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 1,199,349 | 1,203,155 | 1,194,500 | 1,151,956 | 1,169,161 |
| Savings | 16,782 | 16,222 | 14,256 | 14,251 | 13,719 |
| Time | 35,686 | 38,542 | 37,820 | 37,563 | 35,768 |
| Total interest-bearing | 1,251,817 | 1,257,919 | 1,246,576 | 1,203,770 | 1,218,648 |
| Total Kansas/Missouri | 1,500,007 | 1,529,318 | 1,527,839 | 1,486,005 | 1,488,056 |
| Arkansas: |  |  |  |  |  |
| Demand | 24,034 | 27,628 | 33,558 | 21,416 | 22,685 |
| Interest-bearing: |  |  |  |  |  |
| Transaction | 75,872 | 111,487 | 237,279 | 64,174 | 61,079 |
| Savings | 2,703 | 2,859 | 2,695 | 2,411 | 2,485 |
| Time | 17,315 | 18,099 | 12,664 | 14,538 | 17,248 |
| Total interest-bearing | 95,890 | 132,445 | 252,638 | 81,123 | 80,812 |
| Total Arkansas | 119,924 | 160,073 | 286,196 | 102,539 | 103,497 |
| Total BOK Financial | $39,855,841 | $38,677,048 | $39,435,006 | $38,500,018 | $38,246,109 |

**NET INTEREST MARGIN TREND – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| Line item | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Tax-equivalent asset yields |  |  |  |  |  |
| Interest-bearing cash and cash equivalents | 3.65% | 3.60% | 3.85% | 4.39% | 4.46% |
| Trading securities | 4.85% | 4.64% | 4.83% | 5.25% | 5.05% |
| Investment securities, net of allowance | 1.38% | 1.41% | 1.41% | 1.41% | 1.41% |
| Available-for-sale securities | 3.98% | 3.93% | 3.94% | 3.93% | 3.89% |
| Fair value option securities | 4.51% | 4.83% | 4.83% | 5.45% | 5.90% |
| Restricted equity securities | 7.66% | 7.39% | 7.22% | 7.84% | 7.73% |
| Residential mortgage loans held for sale | 6.22% | 5.42% | 5.84% | 6.08% | 6.13% |
| Loans | 6.20% | 6.25% | 6.48% | 6.70% | 6.71% |
| Allowance for loan losses |  |  |  |  |  |
| Loans, net of allowance | 6.26% | 6.31% | 6.55% | 6.78% | 6.79% |
| Total tax-equivalent yield on earning assets | 5.27% | 5.23% | 5.36% | 5.53% | 5.47% |
| Cost of interest-bearing liabilities: |  |  |  |  |  |
| Interest-bearing deposits: |  |  |  |  |  |
| Transaction | 2.64% | 2.67% | 2.88% | 3.14% | 3.17% |
| Savings | 0.54% | 0.54% | 0.54% | 0.55% | 0.54% |
| Time | 3.41% | 3.53% | 3.64% | 3.73% | 3.83% |
| Total interest-bearing deposits | 2.67% | 2.71% | 2.91% | 3.14% | 3.17% |
| Funds purchased and repurchase agreements | 3.09% | 2.90% | 3.47% | 3.29% | 3.50% |
| Other borrowings | 3.88% | 3.90% | 4.22% | 4.54% | 4.49% |
| Subordinated debt | 6.25% | 6.14% | 6.12% | — | 6.38% |
| Total cost of interest-bearing liabilities | 2.93% | 2.92% | 3.06% | 3.33% | 3.40% |
| Tax-equivalent net interest spread | 2.34% | 2.31% | 2.30% | 2.20% | 2.07% |
| Effect of noninterest-bearing funding sources and other | 0.57% | 0.59% | 0.68% | 0.71% | 0.73% |
| Tax-equivalent net interest margin | 2.91% | 2.90% | 2.98% | 2.91% | 2.80% |

Yield calculations are shown on a tax-equivalent basis at the statutory federal and state rates for the periods presented. The yield calculations exclude security trades that have been recorded on trade date with no corresponding interest income and the unrealized gains and losses. The yield calculation also includes average loan balances for which the accrual of interest has been discontinued and are net of unearned income. Yield/rate calculations are generally based on the conventions that determine how interest income and expense is accrued.

**CREDIT QUALITY INDICATORS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

| (In thousands, except ratios) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Nonperforming assets: |  |  |  |  |  |
| Nonaccruing loans: |  |  |  |  |  |
| Commercial: |  |  |  |  |  |
| Healthcare | $21,112 | $21,138 | $23,490 | $24,507 | $28,743 |
| Services | 2,928 | 1,260 | 6,135 | 7,647 | 11,329 |
| Energy | — | — | — | 31 | 40 |
| General business | 5,118 | 2,868 | 6,477 | 85 | 45 |
| Total commercial | 29,158 | 25,266 | 36,102 | 32,270 | 40,157 |
| Commercial real estate | 6,431 | 6,601 | 6,697 | 6,809 | 6,925 |
| Loans to individuals: |  |  |  |  |  |
| Permanent mortgage | 18,768 | 20,175 | 18,263 | 21,255 | 20,654 |
| Permanent mortgage guaranteed by U.S. government agencies | 7,585 | 7,768 | 8,586 | 7,348 | 6,978 |
| Personal | 200 | 194 | 4,712 | 4,712 | 4,613 |
| Total loans to individuals | 26,553 | 28,137 | 31,561 | 33,315 | 32,245 |
| Total nonaccruing loans | 62,142 | 60,004 | 74,360 | 72,394 | 79,327 |
| Real estate and other repossessed assets | 508 | 15 | 176 | 1,751 | 1,729 |
| Total nonperforming assets | $62,650 | $60,019 | $74,536 | $74,145 | $81,056 |
| Total nonperforming assets excluding those guaranteed by U.S. government agencies | $55,065 | $52,251 | $65,950 | $66,797 | $74,078 |
| Accruing loans 90 days past due¹ | $6,242 | $2,411 | — | $1,135 | $1,388 |
| Gross charge-offs | $1,305 | $3,176 | $2,353 | $4,348 | $1,313 |
| Recoveries | (805) | (1,303) | (907) | (721) | (752) |
| Net charge-offs (recoveries) | $500 | $1,873 | $1,446 | $3,627 | $561 |
| Provision for loan losses | $255 | $3,732 | $(386) | $4,270 | $(984) |
| Provision for credit losses from off-balance sheet unfunded loan commitments | 142 | (5,934) | 487 | (2,208) | 904 |
| Provision for expected credit losses from mortgage banking activities | (283) | 2,213 | (95) | (74) | 77 |
| Provision for credit losses related to investment (held-to-maturity) securities portfolio | (114) | (11) | (6) | 12 | 3 |
| Total provision for credit losses | — | — | — | $2,000 | — |

¹ Excludes residential mortgage loans guaranteed by agencies of the U.S. government.

| (In thousands, except ratios) | Three Months Ended / June 30, 2026 | Three Months Ended / Mar. 31, 2026 | Three Months Ended / Dec. 31, 2025 | Three Months Ended / Sep. 30, 2025 | Three Months Ended / June 30, 2025 |
| --- | --- | --- | --- | --- | --- |
| Allowance for loan losses to period end loans | 1.02% | 1.06% | 1.08% | 1.12% | 1.14% |
| Combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments to period end loans | 1.19% | 1.23% | 1.28% | 1.32% | 1.36% |
| Nonperforming assets to period end loans and repossessed assets | 0.23% | 0.23% | 0.29% | 0.30% | 0.33% |
| Net charge-offs (annualized) to average loans | 0.01% | 0.03% | 0.02% | 0.06% | 0.01% |
| Allowance for loan losses to nonaccruing loans¹ | 508.59% | 531.66% | 419.41% | 426.92% | 382.93% |
| Combined allowance for loan losses and accrual for off-balance sheet credit risk from unfunded loan commitments to nonaccruing loans¹ | 591.96% | 618.45% | 497.36% | 504.99% | 456.18% |

¹ Excludes residential mortgage loans guaranteed by agencies of the U.S. government.

**SEGMENTS – UNAUDITED**

**BOK FINANCIAL CORPORATION**

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | Three Months Ended |  |  |  |  |  | 2Q26 vs 1Q26 |  |  | 2Q26 vs 2Q25 |  |  |
| (In thousands, except ratios) | June 30, 2026 |  | Mar. 31, 2026 |  | June 30, 2025 |  | Change |  | % Change | Change |  | % Change |
| Commercial Banking: |  |  |  |  |  |  |  |  |  |  |  |  |
| Net interest income | $ | $178,992 | $ | $173,473 | $ | $175,826 | $ | $5,519 | 3.2% | $ | $3,166 | 1.8% |
| Fees and commissions revenue | 61,414 |  | 59,010 |  | 58,400 |  | 2,404 |  | 4.1% | 3,014 |  | 5.2% |
| Combined net interest income and fee revenue | 240,406 |  | 232,483 |  | 234,226 |  | 7,923 |  | 3.4% | 6,180 |  | 2.6% |
| Other operating expense | 82,091 |  | 82,308 |  | 80,591 |  | (217) |  | (0.3)% | 1,500 |  | 1.9% |
| Corporate allocations | 16,586 |  | 16,046 |  | 19,596 |  | 540 |  | 3.4% | (3,010) |  | (15.4)% |
| Net income before taxes | 146,160 |  | 134,787 |  | 140,042 |  | 11,373 |  | 8.4% | 6,118 |  | 4.4% |
| Average assets | $ | $23,375,564 | $ | $22,679,465 | $ | $21,318,236 | $ | $696,099 | 3.1% | $ | $2,057,328 | 9.7% |
| Average loans | 22,003,116 |  | 21,232,965 |  | 19,894,391 |  | 770,151 |  | 3.6% | 2,108,725 |  | 10.6% |
| Average deposits | 18,918,188 |  | 18,306,337 |  | 17,424,707 |  | 611,851 |  | 3.3% | 1,493,481 |  | 8.6% |
| Consumer Banking: |  |  |  |  |  |  |  |  |  |  |  |  |
| Net interest income | $ | $57,912 | $ | $55,989 | $ | $58,114 | $ | $1,923 | 3.4% | $ | $(202) | (0.3)% |
| Fees and commissions revenue | 37,847 |  | 40,937 |  | 36,789 |  | (3,090) |  | (7.5)% | 1,058 |  | 2.9% |
| Combined net interest income and fee revenue | 95,759 |  | 96,926 |  | 94,903 |  | (1,167) |  | (1.2)% | 856 |  | 0.9% |
| Other operating expense | 63,436 |  | 63,493 |  | 55,476 |  | (57) |  | (0.1)% | 7,960 |  | 14.3% |
| Corporate allocations | 16,626 |  | 14,686 |  | 15,039 |  | 1,940 |  | 13.2% | 1,587 |  | 10.6% |
| Net income before taxes | 13,555 |  | 19,168 |  | 24,746 |  | (5,613) |  | (29.3)% | (11,191) |  | (45.2)% |
| Average assets | $ | $8,648,052 | $ | $8,452,393 | $ | $8,310,875 | $ | $195,659 | 2.3% | $ | $337,177 | 4.1% |
| Average loans | 2,633,853 |  | 2,584,226 |  | 2,304,939 |  | 49,627 |  | 1.9% | 328,914 |  | 14.3% |
| Average deposits | 8,592,876 |  | 8,389,039 |  | 8,266,824 |  | 203,837 |  | 2.4% | 326,052 |  | 3.9% |
| Wealth Management: |  |  |  |  |  |  |  |  |  |  |  |  |
| Net interest income | $ | $45,378 | $ | $42,974 | $ | $44,844 | $ | $2,404 | 5.6% | $ | $534 | 1.2% |
| Fees and commissions revenue | 101,081 |  | 110,424 |  | 103,650 |  | (9,343) |  | (8.5)% | (2,569) |  | (2.5)% |
| Combined net interest income and fee revenue | 146,459 |  | 153,398 |  | 148,494 |  | (6,939) |  | (4.5)% | (2,035) |  | (1.4)% |
| Other operating expense | 94,198 |  | 98,169 |  | 93,281 |  | (3,971) |  | (4.0)% | 917 |  | 1.0% |
| Corporate allocations | 17,312 |  | 17,155 |  | 14,471 |  | 157 |  | 0.9% | 2,841 |  | 19.6% |
| Net income before taxes | 34,977 |  | 37,541 |  | 40,749 |  | (2,564) |  | (6.8)% | (5,772) |  | (14.2)% |
| Average assets | $ | $11,219,080 | $ | $11,370,683 | $ | $11,571,187 | $ | $(151,603) | (1.3)% | $ | $(352,107) | (3.0)% |
| Average loans | 2,479,191 |  | 2,430,864 |  | 2,275,378 |  | 48,327 |  | 2.0% | 203,813 |  | 9.0% |
| Average deposits | 10,656,194 |  | 10,782,785 |  | 10,783,245 |  | (126,591) |  | (1.2)% | (127,051) |  | (1.2)% |
| Fiduciary assets | 78,944,144 |  | 74,350,101 |  | 71,057,135 |  | 4,594,043 |  | 6.2% | 7,887,009 |  | 11.1% |
| Assets under management or administration | 129,271,398 |  | 123,586,715 |  | 117,870,970 |  | 5,684,683 |  | 4.6% | 11,400,428 |  | 9.7% |

Certain prior period amounts have been reclassified to conform to current period presentation.

---

## EX-99.2

SEC source: [a20260630bokfearningscal.htm](https://www.sec.gov/Archives/edgar/data/875357/000087535726000045/a20260630bokfearningscal.htm)

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic July 21, 2026 Q2 Earnings Conference Call Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic 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 services industry, and the economy generally. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “plans,” "outlook," “projects,” “will,” “intends,” "may," "could,""should," "would," "potential," "continue," "seek," "target," variations of such words and similar expressions are intended to identify such forward-looking statements. Management judgments relating to and discussion of the provision and allowance for credit losses, allowance for uncertain tax positions, accruals for loss contingencies and valuation of mortgage servicing rights involve judgments as to expected events and are inherently forward-looking statements. Assessments that acquisitions and growth endeavors will be profitable are statements of belief as to the outcome of future events based in part on information provided by others which BOK Financial has not independently verified and for which BOK Financial assumes no responsibility for the accuracy or completeness. These various forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions which are difficult to predict with regard to timing, extent, likelihood and degree of occurrence.

All statements other than statements of historical fact are forward-looking statements. Therefore, actual results and outcomes may materially differ from what is expected, implied, or forecasted in such forward-looking statements. Internal and external factors that might cause such a difference include, but are not limited to changes in government, changes in governmental economic policy, including tariffs; changes in commodity prices; interest rates and interest rate relationships; inflation; demand for products and services; the degree of competition by traditional and nontraditional competitors; changes in banking regulations; tax laws; prices, levies and assessments; the impact of technological advances; trends in customer behavior as well as their ability to repay loans; credit quality deterioration; cybersecurity incidents and data breaches; operational failures or interruptions; liquidity risks; capital adequacy requirements; litigation and regulatory enforcement actions; and other risks detailed in BOK Financial Corporation's filings with the Securities and Exchange Commission. For a discussion of risk factors that may cause actual results to differ from expectations, please refer to BOK Financial Corporation’s most recent annual and quarterly reports. BOK Financial Corporation and its affiliates undertake no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise. Non-GAAP Financial Measures: This presentation may refer to non-GAAP financial measures. Additional information on these financial measures is available in BOK Financial’s Form 8-K filings furnished pursuant to Item 2.02, which can be accessed at bokf.com.

All data is presented as of June 30, 2026 unless otherwise noted. Legal Disclaimers 2 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Stacy Kymes Chief Executive Officer 3 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Q2 Financial Highlights * Non-GAAP measure Attributable to shareholders Per share (diluted) Net Income

- Net income was $176.5 million, or $2.92 per diluted share, compared to $155.8 million, or $2.58 per diluted share in the prior quarter. Excluding the net gain related to the exchange of Visa B shares and the loss from repositioning of the available-for-sale securities portfolio, net income would have been $156.5 million, or $2.59 per diluted share, in the second quarter of 2026*
- Net interest margin increased 1 basis point to 2.91% and core net interest margin, excluding trading, declined 2 basis points to 3.13%*. Core margin was negatively impacted by 3 basis points related to cash margin posted for customer hedging activity for our energy customers
- Period end loans grew $896 million, or 3.4% sequentially to $27.1 billion with broad-based growth across our portfolio and footprint. Period end loans grew $2.8 billion, or 11.5%, compared to the second quarter of 2025
- Net charge-offs were $500 thousand during the quarter averaging 3 basis points over the last twelve months
- Continued strong capital and liquidity position with TCE* at 9.6% and a loan to deposit ratio of 68% 4 $140.0 $140.9 $177.3 $155.8 $176.5 $2.19 $2.22 $2.89 $2.58 $2.92 2Q25 3Q25 4Q25 1Q26 2Q26 ($Million, exc. EPS) Q2 2026 Q1 2026 Q2 2025 Net income $176.5 $155.8 $140.0 Diluted EPS $2.92 $2.58 $2.19 Net income before taxes $227.7 $199.7 $180.8 Provision for credit losses $0.0 $0.0 $0.0 Pre-provision net revenue* $227.7 $199.7 $180.7 Efficiency ratio* 60.2% 63.2% 65.4% Adjusted efficiency ratio* 63.5% 63.2% 65.5% Revenue Composition as of 6/30/2026 64% 6% 13% 6% 6% 3% 2% Net Interest Income Trading & Brokerage Fiduciary & Asset Management Transaction Card Deposit Service Charges Mortgage Banking Other Revenue

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Additional Details 5

- Period end loan balances increased $896 million, with broad-based growth across our portfolio and geographic footprint. Average loan balances grew $844 million - Average deposits grew $250 million in Q2, led by growth in interest-bearing transaction accounts and time deposits - The loan to deposit ratio was 68% at June 30, consistent with the prior quarter. This continues to be well below the pre- pandemic level of 79% at Dec. 31, 2019 - Assets under management or administration increased $5.7 billion to $129.3 billion, driven by higher market valuations and customer growth ($Billion) Q2 2026 Quarterly Sequential Quarterly YOY Period End Loans $27.1 3.4% 11.5% Average Loans $26.8 3.3% 10.7% Period End Deposits $39.9 3.0% 4.2% Average Deposits $39.2 0.6% 2.9% Fiduciary Assets $78.9 6.2% 11.1% Assets Under Management or Administration $129.3 4.6% 9.7%

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Loan Portfolio

- Total Commercial loans grew $724 million or 4.7% sequentially, which included growth in every Commercial category
- Combined Services & General Business (Core C&I) balances increased $326 million or 3.9% linked quarter
- Energy balances increased $47 million or 1.6%
- Healthcare balances increased $128 million or 3.2% linked quarter
- Commercial Real Estate loan balances were relatively consistent with the prior quarter 6 ($Million) June 30, 2026 Mar. 31, 2026 June 30, 2025 Seq. Loan Growth YOY Loan Growth Energy $ 3,052.7 $ 3,005.7 $ 2,734.7 1.6% 11.6% Services 4,099.9 3,901.9 3,658.8 5.1% 12.1% Healthcare 4,083.8 3,955.8 3,808.9 3.2% 7.2% Mortgage Finance 451.8 228.2 — 98.0% N/A General Business 4,609.3 4,481.5 4,181.7 2.9% 10.2% Total Commercial $ 16,297.4 $ 15,573.1 $ 14,384.2 4.7% 13.3% Multifamily $ 2,570.2 $ 2,553.7 $ 2,473.4 0.6% 3.9% Industrial 1,283.3 1,418.6 1,304.2 (9.5)% (1.6)% Office 852.7 821.6 690.1 3.8% 23.6% Retail 670.9 614.0 592.0 9.3% 13.3% Residential Construction and Land Development 111.7 109.5 105.7 2.0% 5.6% Other Commercial Real Estate 396.5 367.3 356.0 7.9% 11.4% Total Commercial Real Estate $ 5,885.3 $ 5,884.7 $ 5,521.4 —% 6.6% Loans to individuals $ 4,900.9 $ 4,729.6 $ 4,386.6 3.6% 11.7% Total Loans $ 27,083.7 $ 26,187.4 $ 24,292.2 3.4% 11.5%

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Credit Quality Metrics

- Credit quality continues to be strong with nonperforming assets, excluding loans guaranteed by U.S. government agencies, totaling $55 million or 0.20% of outstanding loans and repossessed assets
- Trailing 12 months net charge-offs at 3 bps with net charge- offs of $500 thousand during Q2
- No provision for credit losses was necessary for the quarter as an improvement in economic forecast assumptions were offset by the impact of loan growth during the quarter
- Combined allowance for credit losses of $323 million or 1.19% at quarter end Net Charge-Offs to Average Loans NPA (ex Govt. Guaranteed) as % of Total Loans Annualized 7 0.01% 0.06% 0.02% 0.03% 0.01% 2Q25 3Q25 4Q25 1Q26 2Q26 0.00% 0.10% 0.20% 19.1% 18.0% 10.3% 11.3% 12.1% 11.0% 10.3% 4Q18 4Q19 2Q25 3Q25 4Q25 1Q26 2Q26 —% 10.0% 20.0% 30.0% Committed Criticized Assets / Tier 1 Capital & Reserves 1Q 20 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 —% 0.25% 0.50% 0.75% 1.00% 1.25% 1.50% 1.75%

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Scott Grauer EVP, Wealth Management Executive 8 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Fee Income - Markets & Securities Trading Fees

- Total Trading revenue, which includes trading related net interest income, decreased $9.7 million to $25.0 million. Trading fee income decreased, reflecting reduced trading activity during the first two months of the quarter. However, this was partially offset by higher Trading NII Syndication Fees
- Syndication fees increased $3.0 million, supported by robust syndication activity. This was a record second quarter for syndication revenue Mortgage Production Revenue
- Mortgage production revenue decreased $1.8 million driven by lower refinance activity 9 ($Million) Q2 2026 Qtr. Seq. $ Change Qtr. Seq. % Change Qtr. YOY % Change Trading Fees $ 6.7 $ (12.7) (65.6)% (53.9)% Mortgage Servicing 16.8 (0.2) (1.3)% (2.7)% Mortgage Production 2.2 (1.8) (44.6)% 27.4% Customer Hedging Fees 6.7 (1.1) (14.1)% (10.6)% Brokerage Fees 5.7 (0.6) (9.2)% 12.1% Syndication Fees 7.5 3.0 67.0% 48.1% Investment Banking Fees 5.9 0.2 3.4% (2.5)% Markets & Securities $ 51.5 (13.0) (20.2)% (9.8)% ($Million) Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Trading Fees $ 6.7 $ 19.3 $ 20.9 $ 15.5 $ 14.4 Trading NII 18.3 15.4 13.2 14.3 16.1 Total Trading Revenue $ 25.0 $ 34.7 $ 34.1 $ 29.8 $ 30.5 A A Total Trading Revenue A + B B

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Fee Income - Asset Management & Transactions

- Fiduciary and asset management revenue increased $4.5 million, producing record quarterly results. This reflects higher trust fees from customer growth and increased asset valuations, along with seasonal tax preparation fees
- Assets under management or administration (“AUMA”) increased $5.7 billion during the quarter driven by higher market valuations and continued customer expansion
- Deposit service charges and fees increased $1.1 million during the quarter 10 ($Million) Q2 2026 Qtr. Seq. $ Change Qtr. Seq. % Change Qtr. YOY % Change Markets & Securities $ 51.5 $ (13.0) (20.2)% (9.8)% Fiduciary & Asset Management 71.0 4.5 6.8% 11.0% Transaction Card 31.6 (0.4) (1.2)% 6.9% Deposit Service Charges & Fees 33.3 1.1 3.4% 6.4% Other Revenue 14.6 0.1 0.6% (4.8)% Asset Management & Transactions 150.5 5.3 3.7% 7.4% Total Fees & Commissions $ 202.0 $ (7.8) (3.7)% 2.4% 2+1 1 2

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Marty Grunst EVP, Chief Financial Officer 11 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Yields, Rate & Margin Net Interest Income

- Net interest income grew $9.3 million linked quarter while core net interest income, excluding trading, increased $6.5 million* Net Interest Margin
- 1 basis point NIM increase with core net interest margin, excluding trading,* declining 2 basis points. Core margin was negatively impacted by 3 basis points related to cash margin posted for customer hedging activity for our energy customers 12 ($Million) Q2 2026 Q1 2026 Q2 2025 Quarterly Sequential Quarterly YOY Net Interest Income $351.8 $342.6 $328.2 2.7% 7.2% Net Interest Margin 2.91% 2.90% 2.80% 1 bps 11 bps Yield on Loans 6.20% 6.25% 6.71% (5) bps (51) bps Tax-equivalent Yield on Earning Assets 5.27% 5.23% 5.47% 4 bps (20) bps Cost of Interest-bearing Deposits 2.67% 2.71% 3.17% (4) bps (50) bps Rate on Interest- bearing Liabilities 2.93% 2.92% 3.40% 1 bps (47) bps Net Interest Income ($Million) $312.0 $323.3 $332.1 $327.2 $333.5 $16.1 $14.3 $13.2 $15.4 $18.3 NII excl. Trading* Trading NII 2Q25 3Q25 4Q25 1Q26 2Q26 $0 $100 $200 $300 $400 2.80% 2.91% 2.98% 2.90% 2.91% 3.12% 3.16% 3.22% 3.15% 3.13% Reported NIM NIM excl. Trading* 2Q25 3Q25 4Q25 1Q26 2Q26 2.50% 3.00% 3.50% 4.00% Net Interest Margin * Non-GAAP measure

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Expenses

- Personnel expenses increased $2.9 million. Deferred compensation costs, which are offset in Other gains and losses, increased $8.9 million. Excluding deferred compensation, personnel expenses decreased $6.0 million
- Cash-based incentive compensation decreased $3.0 million, primarily related to lower trading activity during the quarter
- Employee benefit costs decreased $1.8 million. Seasonal decreases in payroll taxes were partially offset by higher employee healthcare costs 13 ($Million) Q2 2026 Q1 2026 Q2 2025 Quarterly Sequential Quarterly YOY Total Personnel Expense $214.1 $211.2 $214.7 1.4% (0.3)% Memo: Deferred compensation** 9.1 0.2 3.3 N/A N/A Total Personnel Expense (Excluding Deferred Compensation) $205.0 $211.0 $211.4 (2.8)% (3.0)% Non-Personnel Expense $147.6 $143.0 $139.8 3.2% 5.6% Total Operating Expense $361.7 $354.2 $354.5 2.1% 2.0% Efficiency Ratio* 60.2% 63.2% 65.4% Adjusted Efficiency Ratio* 63.5% 63.2% 65.5% * Non-GAAP measure **Other gains and losses, net includes deferred compensation gains of $8.8 million in Q2 2026, losses of $1.8 million in Q1 2026, and gains of $3.4 million in Q2 2025.

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic 2026 Full Year Outlook 14 Bold represents changes compared to the prior quarter. *Refer to Slide #2 regarding forward looking statements, expectations above assume no change to economic environment. **Non-GAAP measure. Refer to Form-10K furnished on February 18, 2026. 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 Net Interest Income $1.3 billion $1.42 to $1.45 billion Assumes no changes to the Fed Funds rate through year-end 2026. Longer-term rate assumptions are consistent with market- implied forward rates. Fees & Commissions $801 million $820 to $845 million Reflects mid‑single‑digit fee growth excluding trading Total Revenue $2.2 billion Mid single-digit growth rate Likely toward the upper end of the range Expenses $1.4 billion Low single-digit growth Likely toward the lower end of the range Efficiency Ratio** 65.1% ~62% Adjusted to exclude Visa Class B gain, the efficiency ratio would be ~63% Provision Expense $2 million Below $20 million Although credit metrics are expected to normalize over time, current trends continue to perform better than historical norms Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Question & Answer Session 15 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Stacy Kymes Chief Executive Officer 16 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Appendix 17 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Credit Resilience Disciplined Credit Concentration

- CRE limit on total committed balances is 185% of tier one capital plus reserves
- Office CRE outstandings only comprise 3% of total loans 18 100 year history in energy lending and a tested playbook
- 72% oil / 28% gas-weighted borrowers
- Robust stress testing process with 18 petroleum engineers and analysts on staff * '26 YTD has been annualized for comparability with prior periods.

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Securities and Interest Rate Risk Position Interest Rate Risk

- Approximately 76% of the total loan portfolio is variable rate or fixed rate that reprice within a year
- Approximately 84% of Commercial and Commercial Real Estate portfolios are variable rate or fixed rate that reprice within a year
- Sensitivity to betas - The impact of decreasing our deposit beta by 10% in a down -100 interest rate scenario is 0.22% on NII 19 Scenario Δ NII % Δ NII $ Down 200 Ramp, year 1 1.97% $29.6 million Down 100 Ramp, year 1 0.85% $12.7 million Up 100 Ramp, year 1 (0.91)% $(13.7) million Up 200 Ramp, year 1 (2.06)% $(30.9) million Securities Portfolio
- Short duration with limited extension, current portfolio duration is 3.1 years, extending to only 3.7 years if rates increase 200 bps
- RMBS portfolio is all "AAA" rated with average credit enhancement of ~18%
- Portfolio runoff for Q2 2026 was $826 million 94% 5% 1% Govt/GSE Guaranteed RMBS Muni BOKF Securities by Guarantee Type 06/30/2026

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Quarterly Financial Summary 20 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic Quarterly Financial Summary cont. 21 Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic 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 22 ($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 $0.33

Pri m ar y & se co nd ar y br an d co lor s Data viz colors Data viz monochromatic