BOK Financial Corporation filed its Form 10-Q with the SEC on November 3, 2026, covering the quarterly period ended September 30, 2026, reporting third-quarter net income of $159.9 million and a board-approved dividend increase.

Key Highlights

  • Net income: $159.9 million, or $2.64 per diluted share, for the third quarter of 2026, compared to $176.5 million, or $2.92 per diluted share, in the prior quarter.
  • Dividend increase: The Board approved a quarterly cash dividend of $0.78 per common share on November 3, 2026, payable on or about December 3, 2026, to shareholders of record as of November 18, 2026, up from $0.63 per share paid during the third quarter.
  • Net interest income: $370.0 million for Q3 2026, an increase of $18.1 million over the prior quarter, with net interest margin of 3.00% versus 2.91% in Q2 2026.
  • Loan growth: Period-end outstanding loan balances totaled $27.7 billion at September 30, 2026, up $646 million over June 30, 2026.
  • No provision for credit losses: No provision for expected credit losses was necessary for Q3 2026; net charge-offs were $886 thousand, or 0.01% of average loans on an annualized basis.
  • Capital ratios: Common equity Tier 1 capital ratio was 12.73% and total capital ratio was 14.43% at September 30, 2026.
  • Nine-month net income: $492.2 million, or $8.14 per diluted share, for the nine months ended September 30, 2026, compared to $400.7 million, or $6.27 per diluted share, for the same period in 2025.

BOK Financial Third-Quarter 2026 Financial Results and Capital Position

According to the filing, BOK Financial Corporation (NASDAQ:BOKF) reported third-quarter 2026 net income of $159.9 million, or $2.64 per diluted share. The company disclosed that prior-quarter net income would have been $156.5 million, or $2.59 per diluted share, excluding a net gain related to the exchange of Visa B shares and a loss from repositioning of the available-for-sale securities portfolio. Pre-Provision Net Revenue (PPNR), described as a non-GAAP measure, was $200.8 million for Q3 2026, compared to $227.7 million in Q2 2026.

The filing reported that fees and commissions revenue totaled $188.0 million, down from $202.0 million in the prior quarter, with brokerage and trading revenue declining $13.0 million due to what the company described as "an unfavorable rate environment and lower fixed-income trading volumes." Other operating expense totaled $360.7 million, which the filing characterized as consistent with the prior quarter. The combined allowance for credit losses totaled $322 million, or 1.16% of outstanding loans at September 30, 2026, compared to $323 million, or 1.19%, at June 30, 2026. Period-end deposits decreased $324 million to $39.5 billion, while assets under management or administration totaled $129.3 billion, described as consistent with the prior quarter.

The company's tangible common equity ratio, identified as a non-GAAP measure, was 9.16% at September 30, 2026, compared to 9.61% at June 30, 2026. The filing noted that 60,758,773 shares of common stock were outstanding as of September 30, 2026. Nonperforming assets not guaranteed by U.S. government agencies were $58 million, a $3.3 million increase compared to June 30, 2026, according to the filing.

What Was Disclosed

BOK Financial's 10-Q for the quarter ended September 30, 2026, disclosed quarterly and nine-month earnings results, loan and deposit balances, credit quality metrics, regulatory capital ratios, and a board-approved increase in the quarterly cash dividend from $0.63 to $0.78 per common share.