BOK Financial Corporation (BOKF) Stock Price & How to Invest

Short answer

BOK Financial (BOKF) is a Tulsa-based regional bank holding company that you would approach the way you would any mid-cap commercial and wealth-management bank: it earns money from lending, fee income, and its brokerage and fiduciary businesses across the Midwest and Southwest. It trades like a well-capitalized, energy-region regional bank with a diversified fee stream layered on top.

BOKF stock price

As of 2026-07-09, BOK Financial Corporation (BOKF) last closed at $137.89, up 32.0% over the past year. Over the past 52 weeks it has traded between $98.57 and $141.24.

BOKF last close
$137.89
1 day
+1.85%
1 month
+5.37%
1 year
+32.02%
52-week range
$98.57 to $141.24
Last close
2026-07-09

Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or BOK Financial Corporation's investor relations page. Walnut is informational, not investment advice.

What does BOK Financial Corporation (BOKF) do?

BOK Financial Corporation is the holding company for BOKF, NA, a regional bank headquartered in Tulsa, Oklahoma, and one of the 50 largest financial services firms in the United States. It operates across Oklahoma, Texas, New Mexico, Arkansas, Colorado, Arizona, Kansas, and Missouri through three segments: Commercial Banking, Consumer Banking, and Wealth Management. Beyond traditional lending and deposits, BOKF runs the TransFund electronic funds transfer network, a sizable brokerage and trading operation, and fiduciary and asset-management businesses, giving it a heavier fee-income mix than many similarly sized banks.

The investment picture centers on that diversification. As of the first quarter of 2026, BOKF reported roughly $53.8 billion in total assets, $26.2 billion in loans, and $38.7 billion in deposits, with period-end loans up about 10.5% year over year. Net interest income remains the core driver, but fees and commissions from brokerage, fiduciary, and card services provide a cushion when net interest margin is under pressure. The bank carries A-range credit ratings from S&P and Fitch and manages concentration risk across energy, healthcare, and commercial real estate, which shapes how investors think about its credit and rate sensitivity.

What's driving BOK Financial Corporation (BOKF)?

1. Broad-based loan growth

Period-end loans reached about $26.2 billion in the first quarter of 2026, up roughly 10.5% year over year, and management targets around 10% loan growth for the full year. Growth spread across commercial, commercial real estate, and consumer categories rather than a single concentrated bet, which supports net interest income even in a choppy rate environment.

2. Diversified fee income

Fees and commissions were about $209.8 million in the first quarter of 2026, driven by brokerage, trading, fiduciary, and transaction-card revenue. This fee mix is larger than at many peers and helps offset periods when net interest margin, which sat near 2.90%, is squeezed by funding costs.

3. Strong capital and credit discipline

BOKF maintains A-range credit ratings from S&P and Fitch and applies disciplined concentration management across energy, healthcare, and commercial real estate. Solid capital ratios and modest provision guidance give it room to keep growing loans and to return cash through dividends and buybacks.

4. Wealth and treasury franchise

The Wealth Management segment plus treasury and cash-management services deepen customer relationships and generate recurring, capital-light revenue. These businesses make BOKF less dependent on pure spread lending than a traditional community bank of similar size.

What are the risks to BOK Financial Corporation (BOKF)?

As a regional bank, BOKF is exposed to interest-rate swings that can compress net interest margin, which was near 2.90% in early 2026. Its footprint concentrates energy-sector exposure, so a sharp downturn in oil and gas could pressure credit quality. Commercial real estate remains an industry-wide watch item, and a weaker economy could lift loan losses above the modest provision the company guides toward. Fee income tied to brokerage and trading can also be volatile with market conditions, and competition from larger national banks and fintechs pressures deposit pricing and pricing power.

How is BOK Financial Corporation (BOKF) valued? (approximate, MARCH 2026)

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see BOK Financial Corporation's investor relations page or your broker.

  • Revenue (Q1 2026): ~$554M
  • Net income (Q1 2026): ~$156M
  • Diluted EPS (Q1 2026): ~$2.58
  • Total assets: ~$53.8B
  • Market cap: ~$8.3B
  • Dividend yield: ~1.8%

In the first quarter of 2026 BOKF earned about $155.8 million, or $2.58 per diluted share, up meaningfully from $1.86 a year earlier, on revenue of roughly $554 million. The stock traded around a mid-teens price-to-earnings ratio, typical for a well-capitalized regional bank, with a dividend near $0.63 per quarter. Net interest income of about $345 million and net interest margin near 2.90% anchored results alongside strong fee income.

Who competes with BOK Financial Corporation (BOKF)?

Super-regional and regional banks

Peers such as Regions Financial, Comerica, Zions Bancorporation, and Cullen/Frost compete for commercial lending, deposits, and treasury relationships across overlapping Southwest and Midwest markets. They set the benchmark for how investors value BOKF on price-to-earnings and price-to-book.

National money-center banks

JPMorgan Chase, Bank of America, and Wells Fargo pursue larger commercial clients and offer deep product suites that pressure BOKF on pricing and technology, though BOKF competes on local relationships and market knowledge in its core states.

Wealth, brokerage, and payments rivals

BOKF's fee businesses face competition from independent broker-dealers, trust and asset managers, and payments networks. Its TransFund EFT network and fiduciary services go up against both bank-owned and standalone providers for card processing and wealth mandates.

How to invest in BOK Financial Corporation (BOKF)

There are three common ways to get BOKF exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so BOKF sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where BOKF fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

The bottom line on BOK Financial Corporation (BOKF)

BOKF is a diversified, well-capitalized regional bank whose fee income and steady loan growth set it apart from pure spread lenders, but its fortunes still track interest rates, credit cycles, and its energy-heavy footprint.

More on BOK Financial Corporation (BOKF)

Whether BOKF is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is BOKF a buy?, and where the stock could go from here in the BOKF stock forecast.

For income investors, whether BOKF pays a dividend and how the payout looks is covered in does BOKF pay a dividend?

Build a basket around BOKF with Walnut

Use BOK Financial Corporation as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.

FAQ

What does BOK Financial do?

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BOK Financial is the holding company for BOKF, NA, a regional bank based in Tulsa, Oklahoma. It provides commercial and consumer banking, wealth management, brokerage, treasury, and payments services across eight states in the Midwest and Southwest.

Is BOKF a good investment?

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Walnut is not an investment adviser and does not tell you whether to buy or sell BOKF. The stock behaves like a well-capitalized regional bank with a larger-than-average fee-income mix, so its returns track interest rates, credit trends, and its energy-region footprint. Whether it fits you depends on your own goals and risk tolerance.

How does BOKF make money?

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Its largest source is net interest income, the spread between what it earns on loans and pays on deposits. On top of that, it earns fees and commissions from brokerage, trading, fiduciary, transaction-card, and treasury-management services, which made up a meaningful share of first-quarter 2026 revenue.

Does BOKF pay a dividend?

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Yes. BOK Financial paid a regular cash dividend of about $0.63 per share in the first quarter of 2026, for a yield near 1.8% at recent prices. The bank has a long history of paying and periodically raising its dividend.

What were BOKF's latest earnings?

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In the first quarter of 2026, BOKF reported net income of about $155.8 million, or $2.58 per diluted share, up from $1.86 a year earlier, on revenue of roughly $554 million. Loans grew about 10.5% year over year and net interest margin was near 2.90%.

What are the main risks with BOKF?

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Key risks include interest-rate swings that can compress margin, energy-sector concentration given its footprint, industry-wide commercial real estate exposure, and credit losses in a downturn. Fee income tied to markets can also be volatile, and larger banks and fintechs pressure pricing.

Is BOKF exposed to the energy sector?

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Yes. Because much of its footprint sits in Oklahoma, Texas, and New Mexico, BOKF carries notable energy-sector lending exposure. Management applies disciplined concentration limits, but a sharp oil and gas downturn could pressure credit quality and earnings.

How big is BOK Financial?

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As of the first quarter of 2026, BOKF reported roughly $53.8 billion in total assets, $26.2 billion in loans, and $38.7 billion in deposits, with a market capitalization near $8.3 billion. It is one of the 50 largest financial services firms in the United States and the largest bank based in Oklahoma.

Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with BOK Financial Corporation's investor relations page or your broker before making investment decisions.