BOK Financial Corporation (BOKF) Balance Sheet
BOKF balance sheet, 2025
December 31, 2025 · U.S. dollars$52.24B assets = $46.32B liabilities + $5.92B equity
Both columns are drawn to the same scale: what BOKF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BOKF financial health
Descriptive bands, not a rating. Fiscal 2025.
BOKF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $32.77B2016 | $52.24B2025 | +5.3%/yr | |
| Total liabilities | $29.47B2016 | $46.32B2025 | +5.2%/yr | |
| Shareholders’ equity | $3.31B2016 | $5.92B2025 | +6.7%/yr | |
| Cash & short-term investments | $11.21B2016 | $7.05B2025 | −5.0%/yr | |
| Total debt | $11.20B2016 | $4.63B2025 | −9.3%/yr | |
| Net cash (debt) | $9.5M2016 | $2.42B2025 | +$2.4B | |
| Working capital | $11.84B2016 | −$37.55B2025 | −$49.4B | |
| Book value per share | $50.752016 | $97.162025 | +7.5%/yr | |
| Debt / equity | 3.392016 | 0.782025 | −2.61 | |
| Shares outstanding | 65.1M2016 | 60.9M2025 | −0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BOKF assets
BOKF liabilities and equity
BOKF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BOKF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.05B | $14.29B | $13.63B | $12.90B | $16.00B | $14.23B | $12.53B | $10.00B | $10.64B | $11.21B |
| Cash & equivalents | $1.66B | $1.43B | $1.35B | $1.40B | $2.84B | $1.18B | $1.26B | $1.14B | $2.32B | $2.54B |
| Short-term investments | $5.39B | $12.85B | $12.29B | $11.49B | $13.16B | $13.05B | $11.27B | $8.86B | $8.32B | $8.68B |
| Receivables | $355.0M | $285.9M | $709.8M | $304.8M | $279.2M | $308.3M | $1.25B | $541.4M | $518.9M | $780.1M |
| Inventory | $0 | $0 | −$7.96B | −$6.18B | −$12.28B | −$6.29B | −$4.16B | $17.5M | −$3.33B | −$3.70B |
| Other current assets | $94.6M | $0 | $7.96B | $6.18B | $12.28B | $6.29B | $4.16B | $14.52B | $3.33B | $3.70B |
| Total current assets | $7.50B | $14.57B | $14.34B | $13.20B | $16.27B | $14.54B | $13.78B | $25.08B | $11.16B | $11.99B |
| Property, plant & equipment (net) | $638.9M | $634.5M | $622.2M | $565.2M | $574.1M | $551.3M | $535.5M | $330.0M | $317.3M | $325.8M |
| Goodwill & intangible assets | $1.08B | $1.43B | $1.40B | $1.40B | $1.30B | $1.26B | $1.38B | $1.44B | $729.0M | $742.9M |
| Long-term investments | $9.28B | $19.77B | $19.72B | $18.47B | $22.51B | $41.93B | $35.46B | $33.29B | $18.73B | $19.39B |
| Other non-current assets | $33.73B | $13.28B | $13.73B | $14.15B | $9.60B | $0 | $0 | $0 | $1.34B | $317.1M |
| Total assets | $52.24B | $49.69B | $49.82B | $47.79B | $50.25B | $46.67B | $42.17B | $38.02B | $32.27B | $32.77B |
| Liabilities | ||||||||||
| Accounts payable | $382.8M | $352.3M | $339.0M | $444.3M | $433.7M | $581.3M | $442.2M | $349.2M | $316.1M | $153.2M |
| Short-term debt | $4.24B | $1.31B | $1.13B | $7.02B | $2.37B | $1.64B | $8.36B | $7.13B | $5.70B | $5.55B |
| Deferred revenue | — | — | −$529.7M | −$6.57B | −$1.93B | — | −$7.92B | −$6.79B | −$5.38B | −$5.40B |
| Total current liabilities | $45.05B | $39.85B | $35.49B | $444.3M | $433.7M | $2.22B | $442.2M | $349.2M | $316.1M | $153.2M |
| Long-term debt | $3.11B | $3.14B | $7.82B | $5.42B | $443.6M | $2.56B | $5.05B | $6.76B | $5.45B | $5.66B |
| Other long-term liabilities | $0 | $1.14B | $1.37B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $46.32B | $44.13B | $44.68B | $43.10B | $44.88B | $41.38B | $37.31B | $33.58B | $28.75B | $29.47B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $5.52B | $5.29B | $4.93B | $4.75B | $4.50B | $4.56B | $4.29B |
| Retained earnings (deficit) | $6.02B | $5.59B | $5.21B | $4.82B | $4.45B | $3.97B | $3.73B | $3.37B | $3.05B | $2.82B |
| Treasury stock | — | — | — | −$695.0M | −$535.1M | −$411.3M | −$329.9M | −$199.0M | −$552.8M | −$544.1M |
| Accumulated other comprehensive income | −$166.2M | −$503.0M | −$599.1M | −$837.0M | $72.4M | $335.9M | $104.9M | −$72.6M | −$29.6M | −$11.0M |
| Minority interest | $2.0M | $2.6M | $3.0M | $4.7M | $4.6M | $25.3M | $8.1M | $10.9M | $23.0M | $31.5M |
| Total shareholders' equity | $5.92B | $5.55B | $5.14B | $4.69B | $5.37B | $5.29B | $4.86B | $4.44B | $3.52B | $3.31B |
| Key figures | ||||||||||
| Total debt | $4.63B | $4.45B | $8.96B | $12.44B | $2.81B | $4.20B | $13.42B | $13.90B | $11.15B | $11.20B |
| Net cash (debt) | $2.42B | $9.83B | $4.68B | $456.0M | $13.18B | $10.03B | −$888.9M | −$3.90B | −$508.5M | $9.5M |
| Working capital | −$37.55B | −$25.28B | −$21.15B | $12.76B | $15.84B | $12.32B | $13.34B | $24.73B | $10.84B | $11.84B |
| Tangible book value | $4.84B | $4.12B | $3.74B | $3.29B | $4.07B | $4.03B | $3.49B | $3.00B | $2.79B | $2.56B |
| Book value per share | $97.16 | $87.04 | $78.33 | $69.74 | $78.26 | $75.76 | $68.70 | $66.65 | $54.29 | $50.75 |
| Shares outstanding | 60.9M | 63.7M | 65.7M | 67.2M | 68.6M | 69.8M | 70.8M | 66.7M | 64.8M | 65.1M |
| Current ratio | 0.17 | 0.37 | 0.40 | 29.71 | 37.52 | 6.56 | 31.16 | 71.82 | 35.30 | 78.29 |
| Quick ratio | 0.16 | 0.37 | 0.40 | 29.71 | 37.52 | 6.56 | 31.16 | 30.19 | 35.30 | 78.29 |
| Debt / equity | 0.78 | 0.80 | 1.74 | 2.65 | 0.52 | 0.79 | 2.76 | 3.13 | 3.17 | 3.39 |
| Equity / assets | 11.3% | 11.2% | 10.3% | 9.8% | 10.7% | 11.3% | 11.5% | 11.7% | 10.9% | 10.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $8.36B | $8.90B | $7.05B | $4.61B | $2.41B | $3.12B | $14.29B | $14.49B | $13.87B | $13.81B | $13.63B | $13.28B |
| Cash & equivalents | $1.52B | $1.41B | $1.66B | $1.43B | $1.36B | $1.42B | $1.43B | $1.48B | $1.08B | $1.16B | $1.35B | $1.37B |
| Short-term investments | $6.84B | $7.49B | $5.39B | $3.18B | $1.05B | $1.70B | $12.85B | $13.02B | $12.79B | $12.65B | $12.29B | $11.91B |
| Receivables | $292.4M | $272.5M | $355.0M | $352.7M | $376.3M | $316.4M | $285.9M | $398.2M | $348.7M | $376.6M | $709.8M | $283.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$3.30B | $563.8M | $492.9M | −$7.96B | −$6.41B |
| Other current assets | $0 | $0 | $94.6M | $0 | $0 | $0 | $0 | $3.30B | $0 | $0 | $7.96B | $6.41B |
| Total current assets | $975.8M | $9.18B | $7.50B | $4.96B | $2.78B | $3.44B | $14.57B | $14.89B | $14.22B | $14.19B | $14.34B | $13.57B |
| Property, plant & equipment (net) | $651.6M | $631.5M | $638.9M | $636.3M | $637.2M | $636.1M | $634.5M | $632.8M | $632.4M | $628.0M | $622.2M | $616.4M |
| Goodwill & intangible assets | $1.07B | $1.41B | $1.08B | $1.41B | $1.42B | $1.43B | $1.43B | $1.41B | $1.43B | $1.42B | $1.40B | $1.42B |
| Long-term investments | $8.46B | $9.21B | $9.28B | $9.27B | $8.50B | $9.51B | $19.77B | $20.23B | $20.14B | $20.28B | $19.72B | $18.95B |
| Other non-current assets | $42.01B | $33.33B | $33.73B | $33.91B | $37.65B | $35.46B | $13.28B | $12.92B | $13.98B | $13.65B | $13.73B | $14.37B |
| Total assets | $53.18B | $53.76B | $52.24B | $50.19B | $51.00B | $50.47B | $49.69B | $50.08B | $50.40B | $50.16B | $49.82B | $48.93B |
| Liabilities | ||||||||||||
| Accounts payable | $292.5M | $325.7M | $382.8M | $312.3M | $302.5M | $291.2M | $352.3M | $340.3M | $305.8M | $318.6M | $339.0M | $244.1M |
| Short-term debt | $1.50B | $715.5M | $4.24B | $998.8M | $708.8M | $882.2M | $1.31B | $760.4M | $828.5M | $1.27B | $1.13B | $2.73B |
| Deferred revenue | — | — | — | — | — | — | — | — | −$305.8M | −$318.6M | −$529.7M | −$2.24B |
| Total current liabilities | $1.50B | $715.5M | $45.05B | $39.81B | $39.26B | $39.46B | $39.85B | $38.33B | $37.38B | $36.97B | $35.49B | $36.63B |
| Long-term debt | $3.44B | $6.12B | $3.11B | $3.21B | $4.11B | $3.25B | $3.14B | $4.84B | $6.64B | $6.85B | $7.82B | $6.33B |
| Other long-term liabilities | $42.15B | $40.95B | $0 | $1.15B | $1.73B | $1.99B | $1.14B | $1.29B | $1.15B | $1.21B | $1.37B | $1.15B |
| Total liabilities | $47.09B | $47.79B | $46.32B | $44.17B | $45.10B | $44.70B | $44.13B | $44.47B | $45.17B | $45.03B | $44.68B | $44.11B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
| Retained earnings (deficit) | $6.28B | $6.14B | $6.02B | $5.88B | $5.78B | $5.68B | $5.59B | $5.49B | $5.39B | $5.26B | $5.21B | $5.16B |
| Accumulated other comprehensive income | −$249.5M | −$225.0M | −$166.2M | −$226.7M | −$289.0M | −$362.3M | −$503.0M | −$335.3M | −$605.5M | −$610.1M | −$599.1M | −$929.0M |
| Minority interest | $1.8M | $1.9M | $2.0M | $2.4M | $2.5M | — | — | — | — | — | — | — |
| Total shareholders' equity | $6.08B | $5.97B | $5.92B | $6.02B | $5.89B | $5.77B | $5.55B | $5.61B | $5.23B | $5.13B | $5.14B | $4.81B |
| Key figures | ||||||||||||
| Total debt | $4.97B | $6.87B | $4.63B | $4.21B | $4.82B | $4.13B | $4.45B | $5.60B | $7.47B | $8.12B | $8.96B | $9.06B |
| Net cash (debt) | $3.38B | $2.04B | $2.42B | $396.6M | −$2.42B | −$1.01B | $9.83B | $8.89B | $6.40B | $5.69B | $4.68B | $4.23B |
| Working capital | −$528.1M | $8.46B | −$37.55B | −$34.85B | −$36.47B | −$36.02B | −$25.28B | −$23.44B | −$23.16B | −$22.79B | −$21.15B | −$23.06B |
| Tangible book value | $5.01B | $4.56B | $4.84B | $4.61B | $4.47B | $4.34B | $4.12B | $4.20B | $3.80B | $3.71B | $3.74B | $3.39B |
| Book value per share | $101.33 | $99.50 | $97.16 | $95.30 | $92.95 | $90.83 | $87.39 | $88.40 | $82.07 | $79.78 | $79.42 | $73.44 |
| Shares outstanding | 60.0M | 60.0M | 60.9M | 63.2M | 63.4M | 63.5M | 63.5M | 63.5M | 63.7M | 64.3M | 64.8M | 65.5M |
| Current ratio | 0.65 | 12.83 | 0.17 | 0.12 | 0.07 | 0.09 | 0.37 | 0.39 | 0.38 | 0.38 | 0.40 | 0.37 |
| Quick ratio | 5.75 | 12.83 | 0.16 | 0.12 | 0.07 | 0.09 | 0.37 | 0.39 | 0.38 | 0.38 | 0.40 | 0.37 |
| Debt / equity | 0.82 | 1.15 | 0.78 | 0.70 | 0.82 | 0.72 | 0.80 | 1.00 | 1.43 | 1.58 | 1.74 | 1.88 |
| Equity / assets | 11.4% | 11.1% | 11.3% | 12.0% | 11.6% | 11.4% | 11.2% | 11.2% | 10.4% | 10.2% | 10.3% | 9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 18, 2026); data from EODHD.
BOKF financial position
At the end of fiscal 2025 (December 31, 2025), BOK Financial had total assets of $52.2 billion (up 5.1% from a year earlier), total liabilities of $46.3 billion and shareholders' equity of $5.9 billion. It held $7.1 billion in cash and short-term investments against $4.6 billion of debt, a net cash position of $2.4 billion. Its current ratio was 0.17. In the latest quarter (ended June 30, 2026) total assets were $53.2 billion and equity $6.1 billion.
Related: BOKF income statement, BOKF cash flow statement, BOKF key metrics. See the BOKF stock overview for the latest quote and news.
BOKF balance sheet FAQ
What are BOK Financial's total assets?
BOK Financial reported total assets of $52.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $49.7 billion a year earlier.
How much debt does BOK Financial have?
BOK Financial had $4.6 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.78.
How much cash does BOK Financial have?
BOK Financial held $7.1 billion in cash and short-term investments at the end of fiscal 2025; with $4.6 billion of debt that is net cash of $2.4 billion.
What is BOK Financial's book value?
BOK Financial's shareholders' equity (book value) was $5.9 billion at the end of fiscal 2025, or $97.16 per share.
What is BOK Financial's current ratio?
BOK Financial had current assets of $7.5 billion and current liabilities of $45.0 billion, a current ratio of 0.17 (current liabilities exceed current assets).
How much goodwill does BOK Financial have?
BOK Financial carried $1.1 billion of goodwill and intangible assets, 2.1% of total assets, at the end of fiscal 2025.