BOK Financial Corporation (BOKF) Income Statement
BOKF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBOKF revenue and net income
Where BOKF's revenue goes
2025Each bar shows an amount and its share of revenue. BOKF kept 17.4% of revenue as net income.
BOKF profit margins
BOKF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.1% | +18.5% | +10.2% | +9.1% |
| Gross profit | +10.5% | +5.8% | +4.9% | +5.1% |
| Operating income | +6.7% | +2.5% | +4.8% | +5.1% |
| Net income | +10.4% | +3.6% | +5.8% | +7.2% |
| EPS (diluted) | +15.0% | +4.4% | +7.1% | +7.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BOKF quarterly EPS vs estimates
BOK Financial beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 19, 2026 (estimate $2.54).
BOKF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.33B | $3.36B | $3.05B | $2.00B | $1.83B | $2.05B | $2.17B | $1.80B | $1.60B | $1.44B |
| Cost of revenue | $1.21B | $1.44B | $1.12B | $210.7M | −$38.1M | $383.1M | $463.1M | $251.6M | $124.0M | $146.9M |
| Gross profit | $2.12B | $1.92B | $1.93B | $1.79B | $1.87B | $1.67B | $1.70B | $1.55B | $1.48B | $1.29B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $925.0M | $881.1M | $873.0M | $715.3M | $727.6M | $738.0M | $733.6M | $654.1M | $637.6M | $627.8M |
| Total operating expenses | $1.41B | $1.25B | $1.25B | $1.13B | $1.07B | $1.10B | $1.07B | $984.1M | $961.2M | $956.2M |
| Operating income | $711.2M | $666.6M | $683.2M | $660.2M | $796.1M | $563.9M | $630.9M | $565.5M | $518.3M | $338.7M |
| Interest income | $2.53B | $2.64B | $2.34B | $1.39B | $1.18B | $1.27B | $1.53B | $1.23B | $972.8M | $829.1M |
| Interest expense | $1.20B | $1.43B | $1.07B | $180.7M | $61.9M | $160.6M | $419.1M | $243.6M | $131.1M | $81.9M |
| Income before taxes | $711.2M | $666.6M | $683.2M | $660.2M | $796.1M | $563.9M | $630.9M | $565.5M | $518.3M | $338.7M |
| Income taxes | $133.2M | $143.1M | $152.1M | $139.9M | $179.8M | $128.8M | $130.2M | $119.1M | $182.6M | $106.4M |
| Net income | $578.0M | $523.6M | $530.7M | $520.3M | $618.1M | $435.0M | $500.8M | $445.6M | $334.6M | $232.7M |
| EBITDA | $821.4M | $772.0M | $793.1M | $767.7M | $898.6M | $662.9M | $726.3M | $626.3M | $572.7M | $385.7M |
| EPS (diluted) | $8.75 | $7.61 | $8.00 | $7.70 | $8.95 | $6.20 | $7.25 | $6.65 | $5.12 | $3.53 |
| Gross margin | 63.7% | 57.1% | 63.3% | 89.5% | 102.1% | 81.3% | 78.6% | 86.0% | 92.3% | 89.8% |
| Operating margin | 21.4% | 19.8% | 22.4% | 33.0% | 43.5% | 27.5% | 29.1% | 31.4% | 32.3% | 23.5% |
| Net margin | 17.4% | 15.6% | 17.4% | 26.0% | 33.8% | 21.2% | 23.1% | 24.7% | 20.9% | 16.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $876.7M | $827.2M | $840.7M | $844.5M | $842.8M | $797.6M | $758.8M | $879.4M | $923.0M | $800.6M | $794.7M | $806.8M |
| Cost of revenue | $287.3M | $273.4M | $280.5M | $308.8M | $314.3M | $302.3M | $326.1M | $374.2M | $383.8M | $359.6M | $347.6M | $323.1M |
| Gross profit | $589.4M | $553.8M | $560.1M | $535.7M | $528.6M | $495.3M | $432.7M | $505.3M | $539.2M | $440.9M | $447.0M | $483.7M |
| Sales, general & admin | $358.7M | $305.4M | $222.7M | $242.4M | $229.8M | $230.1M | $226.2M | $221.3M | $207.8M | $225.8M | $252.5M | $205.7M |
| Total operating expenses | $371.3M | $354.2M | $361.1M | $359.1M | $347.8M | $340.6M | $257.2M | $332.0M | $328.2M | $334.0M | $335.5M | $316.0M |
| Operating income | $218.1M | $199.7M | $199.1M | $176.6M | $180.8M | $154.8M | $175.4M | $173.3M | $211.0M | $106.9M | $111.5M | $167.7M |
| Interest income | $639.1M | $615.9M | $625.8M | $644.5M | $642.4M | $618.6M | $639.1M | $680.3M | $671.8M | $645.2M | $638.3M | $617.0M |
| Interest expense | $287.3M | $273.4M | $280.5M | $306.8M | $314.3M | $302.3M | $326.1M | $372.2M | $375.8M | $351.6M | $341.6M | $316.1M |
| Income before taxes | $227.7M | $199.7M | $199.1M | $176.6M | $180.8M | $154.8M | $175.4M | $173.3M | $211.0M | $106.9M | $111.5M | $167.7M |
| Income taxes | $51.1M | $43.9M | $21.8M | $35.7M | $40.7M | $35.0M | $39.3M | $33.3M | $47.3M | $23.2M | $29.0M | $33.3M |
| Net income | $176.5M | $155.8M | $177.3M | $140.9M | $140.0M | $119.8M | $136.2M | $140.0M | $163.7M | $83.7M | $82.6M | $134.5M |
| EBITDA | $273.9M | $226.9M | $226.6M | $204.7M | $208.1M | $182.0M | $202.3M | $199.6M | $236.7M | $133.3M | $140.4M | $192.2M |
| EPS (diluted) | $2.59 | $2.58 | $2.48 | $2.22 | $2.19 | $1.86 | $2.12 | $2.18 | $2.02 | $1.29 | $1.26 | $2.04 |
| Gross margin | 67.2% | 67.0% | 66.6% | 63.4% | 62.7% | 62.1% | 57.0% | 57.5% | 58.4% | 55.1% | 56.3% | 59.9% |
| Operating margin | 24.9% | 24.1% | 23.7% | 20.9% | 21.4% | 19.4% | 23.1% | 19.7% | 22.9% | 13.4% | 14.0% | 20.8% |
| Net margin | 20.1% | 18.8% | 21.1% | 16.7% | 16.6% | 15.0% | 17.9% | 15.9% | 17.7% | 10.5% | 10.4% | 16.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BOKF's financial statements (latest annual report filed February 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BOKF financial results
In fiscal year 2025 (ended December 31, 2025), BOK Financial reported revenue of $3.3 billion, down 1.1% from the year before. It had net income of $578.0 million (up 10.4%), a net profit margin of 17.4%. Diluted earnings per share came to $8.75. Over five years revenue grew at an average rate of 10.2% a year.
See the BOKF stock overview for the latest quote and news, or the BOKF chart for price history and technical indicators.
BOKF income statement FAQ
What is BOK Financial's annual revenue?
BOK Financial reported total revenue of $3.3 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.1% from $3.4 billion the previous year.
Is BOK Financial profitable?
Yes. BOK Financial reported net income of $578.0 million in fiscal 2025, a net profit margin of 17.4%; its operating margin was 21.4%.
What is BOK Financial's gross margin?
BOK Financial's gross margin was 63.7% in fiscal 2025: for every $100 of revenue, BOK Financial kept $64 after the direct cost of its products and services.
How fast is BOK Financial growing?
Revenue grew 10.2% a year on average over the last five fiscal years, from $2.0 billion to $3.3 billion.
What are BOK Financial's earnings per share?
BOK Financial earned $8.75 per diluted share in fiscal 2025, compared with $7.61 a year earlier.
When will BOK Financial report its next earnings?
BOK Financial is expected to report results for the quarter ending September 30, 2026 on October 19, 2026 after the market closes.
When does BOK Financial's fiscal year end?
BOK Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 18, 2026.