Sep 2026 (Q3 FY26) — Oct 20, 2026
BOK Financial Q3 FY26 — Strong Loan Growth and Margin Expansion Despite Rate Headwinds
Read the full callBOK Financial earnings: last reported Tue, 20 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 177 | +26.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
4 of 6 judged targets kept · 14 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Mortgage Finance Commitments | $1 billion | Dec 2025 | Active warehouse commitments increased more than $500 million during the quarter to $1.4 billion | Achieved |
| Expense Growth | low single digits | Dec 2025 | On expenses, we have tightened our guidance and anticipate growth to be roughly 1% versus the prior year. | Revised Up |
| Efficiency Ratio | 63% to 64% | Dec 2025 | We continue to expect the full year efficiency ratio to be approximately 62%, reflecting the Visa gain we recognized in the second quarter. | On Track |
2 of BOK FINANCIAL CORP's 20 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 17 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $104.8 on 22 Oct 2025 → $128.61. High $146.07 (14 Aug 2026), low $103.16 (17 Nov 2025).
Overview
Guidance
4 of 6 judged targets kept · 14 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Mortgage Finance Commitments | $1 billion | Dec 2025 | Active warehouse commitments increased more than $500 million during the quarter to $1.4 billion | Achieved |
| Expense Growth | low single digits | Dec 2025 | On expenses, we have tightened our guidance and anticipate growth to be roughly 1% versus the prior year. | Revised Up |
| Efficiency Ratio | 63% to 64% | Dec 2025 | We continue to expect the full year efficiency ratio to be approximately 62%, reflecting the Visa gain we recognized in the second quarter. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 20 tracked commitments, with each call’s wording and source.
Call summaries
BOK Financial Q3 FY26 — Strong Loan Growth and Margin Expansion Despite Rate Headwinds
Read the full callBOK Financial Q2 FY26 — Record Loan Growth and Strong Fee Income
Read the full callBOK Financial Q1 FY26 — Strong Loan Growth and Expense Management Drive Solid Start
Read the full callEvery analysed call
Financials
Net profit, year on year: +26% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Profit before tax | 173 | 175 | 155 | 181 | 177 | 229 | 200 | 228 |
| Tax rate | 19.2% | 22.4% | 22.6% | 22.5% | 20.2% | 22.4% | 22.0% | 22.5% |
| Net profit | 140 | 136 | 120 | 140 | 141 | 177 | 156 | 177 |
| EPS ($ per share) | 2.18 | — | 1.86 | 2.19 | 2.22 | — | 2.58 | 2.92 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 3,370 | 3,730 | 3,974 | 4,448 | 4,824 | 5,212 | 5,592 | 6,023 |
| Total liabilities | 33,577 | 37,308 | 41,380 | 44,881 | 43,103 | 44,679 | 44,135 | 46,317 |
| Fixed assets | 330 | 536 | 551 | 574 | 565 | 622 | 634 | 639 |
| Total assets | 38,021 | 42,172 | 46,671 | 50,249 | 47,791 | 49,825 | 49,686 | 52,238 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -552 | -474 | -416 | -3,693 | 5,122 | 66 | 1,430 | 740 |
| Cash from investing | -1,808 | -2,324 | -2,459 | 2,603 | -4,603 | -1,791 | -477 | -1,522 |
| Cash from financing | 1,186 | 2,913 | 2,797 | 2,747 | -1,955 | 1,672 | -867 | 1,006 |
| Net cash flow | -1,174 | 115 | -78 | 1,657 | -1,436 | -53 | 86 | 223 |
| Capital expenditure | -345 | -385 | -141 | -204 | -215 | -166 | -172 | -164 |
| Free cash flow | -897 | -858 | -557 | -3,897 | 4,907 | -100 | 1,259 | 575 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Common equity tier 1 ratio (CET1) | 12.6%Capital levels remain very strong with tangible common equity at 9.3% and CET1 at 12.6%.Source: earnings call transcript | 12.9%Capital levels remain very strong, with tangible common equity at 9.6% and CET1 at 12.9%.Source: earnings call transcript | +0.3 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
92 filings between Oct 30, 2025 and Aug 11, 2026.
Purchases
None
No insider bought shares.
Sales
$2.41M
13 sales by 5 insiders
Also filed: 10 dispositions to the issuer, 3 gifts, 2 other filings.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BANGERT STEVEN | — | $1.43M | Aug 11, 2026 |
| Vincent Brad A | — | $583.9K | Aug 4, 2026 |
| Wade Mark B. | — | $225.5K | May 8, 2026 |
| Reid Jeffrey A. | — | $162.6K | Apr 23, 2026 |
| KYMES STACY | — | $1.2K | Jul 23, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 11, 2026 | BANGERT STEVEN Director | Sale | 1,250 | $179.9K |
| Aug 4, 2026 | Vincent Brad A EVP - Specialized Industries | Sale | 4,015 | $583.9K |
| Jul 29, 2026 | Grauer Scott EVP, Wealth Management | Gift | 150 | $0 |
| Jul 23, 2026 | KYMES STACY President & CEO | Sale | 9 | $1.2K |
| Jul 23, 2026 | KYMES STACY President & CEO | Gift | 3,215 | $0 |
| Jul 14, 2026 | Turpen Michael C. Director | Award | 144 | $20.0K |
| Jul 14, 2026 | Waldo Robert Director | Award | 144 | $20.0K |
| Jul 14, 2026 | Washington Rose M Director | Award | 144 | $20.0K |
| Jul 14, 2026 | JOULLIAN EDWARD C IV Director | Award | 144 | $20.0K |
| Jul 14, 2026 | CRAFT JOSEPH W III Director | Award | 144 | $20.0K |
| Jul 14, 2026 | SHRUM KAYSE M DO Director | Award | 144 | $20.0K |
| Jul 14, 2026 | San Pedro Claudia Director | Award | 144 | $20.0K |
| Jul 14, 2026 | MALCOLM STEVEN J Director | Award | 144 | $20.0K |
| Jul 14, 2026 | Richards Emmet C Director | Award | 144 | $20.0K |
| Jul 14, 2026 | BANGERT STEVEN Director | Award | 144 | $20.0K |
| Jul 14, 2026 | ARMSTRONG ALAN S Director | Award | 144 | $20.0K |
| Jul 14, 2026 | GRIFFIN DAVID F Director | Award | 144 | $20.0K |
| Jul 14, 2026 | COFFEY JOHN W Director | Award | 144 | $20.0K |
| May 8, 2026 | Wade Mark B. EVP - Texas Market Executive | Sale | 1,700 | $225.5K |
| May 7, 2026 | BANGERT STEVEN Director | Sale | 2,100 | $283.0K |
| May 7, 2026 | BANGERT STEVEN Director | Sale | 500 | $67.5K |
| Apr 23, 2026 | Reid Jeffrey A. EVP, Chief HR Officer | Sale | 1,095 | $148.4K |
| Apr 23, 2026 | Reid Jeffrey A. EVP, Chief HR Officer | Sale | 105 | $14.2K |
| Mar 10, 2026 | Vincent Brad A EVP - Specialized Industries | Other | 940 | $0 |
| Mar 10, 2026 | Vincent Brad A EVP - Specialized Industries | Other | 940 | $0 |
| Feb 18, 2026 | KYMES STACY President & CEO | Option exercise | 14,647 | $0 |
| Feb 18, 2026 | KYMES STACY President & CEO | Tax withheld | 16,846 | $2.25M |
| Feb 18, 2026 | Rogers Michael J. SVP, Chief Accounting Officer | Tax withheld | 211 | $28.2K |
| Feb 18, 2026 | Martin Derek EVP, Chief Information Officer | Disposition to issuer | 3,869 | — |
| Feb 18, 2026 | Grauer Scott EVP, Wealth Management | Option exercise | 3,100 | $0 |
| Feb 18, 2026 | Martin Derek EVP, Chief Information Officer | Tax withheld | 127 | $16.9K |
| Feb 18, 2026 | Martin Derek EVP, Chief Information Officer | Option exercise | 1,534 | $0 |
| Feb 18, 2026 | Reid Jeffrey A. EVP, Chief HR Officer | Disposition to issuer | 2,413 | — |
| Feb 18, 2026 | Vincent Brad A EVP - Specialized Industries | Tax withheld | 183 | $24.4K |
| Feb 18, 2026 | Weil Kelley EVP-Consumer Banking Services | Option exercise | 1,397 | $0 |
| Feb 18, 2026 | Vincent Brad A EVP - Specialized Industries | Disposition to issuer | 5,533 | — |
| Feb 18, 2026 | Keesling Rebecca D EVP, Chief Auditor | Option exercise | 623 | $0 |
| Feb 18, 2026 | Wade Mark B. EVP - Texas Market Executive | Disposition to issuer | 4,263 | — |
| Feb 18, 2026 | Reid Jeffrey A. EVP, Chief HR Officer | Option exercise | 969 | $0 |
| Feb 18, 2026 | Wade Mark B. EVP - Texas Market Executive | Tax withheld | 132 | $17.7K |
| Feb 18, 2026 | Wade Mark B. EVP - Texas Market Executive | Option exercise | 1,687 | $0 |
| Feb 18, 2026 | Keesling Rebecca D EVP, Chief Auditor | Tax withheld | 751 | $100.3K |
| Feb 18, 2026 | Grunst Martin E EVP, CFO | Disposition to issuer | 6,206 | — |
| Feb 18, 2026 | Grauer Scott EVP, Wealth Management | Tax withheld | 3,562 | $475.7K |
| Feb 18, 2026 | Grunst Martin E EVP, CFO | Tax withheld | 205 | $27.4K |
| Feb 18, 2026 | Weil Kelley EVP-Consumer Banking Services | Tax withheld | 1,610 | $215.0K |
| Feb 18, 2026 | Grunst Martin E EVP, CFO | Option exercise | 2,461 | $0 |
| Feb 18, 2026 | Vincent Brad A EVP - Specialized Industries | Option exercise | 2,194 | $0 |
| Feb 18, 2026 | Reid Jeffrey A. EVP, Chief HR Officer | Tax withheld | 112 | $14.9K |
| Feb 18, 2026 | Rogers Michael J. SVP, Chief Accounting Officer | Option exercise | 190 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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