| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 67 | 12.8x | 17.8x | Top tier | |
Growth | 30 | 0.2% | 7.1% | Bottom tier | |
Quality | 64 | — | — | Around median | |
Safety | 18 | — | — | Bottom tier | |
Capital Return | 46 | 1.81% | 2.12% | Around median | |
Momentum | 76 | 31.1% | 2.9% | Top tier | |
Sentiment | 39 | 6 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
BOK Financial Corporation is a regional banking institution that generates revenue from net interest income on loan portfolios and from fee-generating activities including wealth and asset management, fiduciary services, fixed-income trading, mortgage banking, and syndicated loan arranging. In fiscal Q2 2026, lending growth was diversified across corporate and industrial C&I, healthcare, energy, commercial real estate, and mortgage finance loans, while assets under management or administration AUMA reached approximately $129.3 billion.
In fiscal Q2 2026, revenue reached $876.7 million, up approximately 6.0% from $827.2 million in fiscal Q1 2026, while net income was $176.5 million and diluted earnings per share were $2.92. However, these results included a pretax gain of $30.9 million from a Visa Class B share exchange and losses of $4.6 million from securities repositioning; on an adjusted basis, net income was $156.5 million and earnings per share were $2.59, placing the reported net income margin near 20.1% and the adjusted margin near 17.9%.
Fee income was $202 million in fiscal Q2 2026, despite declining $7.8 million sequentially, and the fiduciary and asset management business recorded its highest quarterly revenue following an increase of $4.5 million. Net interest income increased $9.3 million and the reported margin rose one basis point, while core net interest income increased $6.5 million and its margin declined two basis points; operating expenses excluding deferred compensation fell $1.4 million, reflecting cost discipline despite the addition of more than 25 new employees.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $150.5, within a narrow range of $148 to $155, accompanied by a “Neutral” consensus rather than a Buy recommendation; the average is also only approximately 2.5% above the 52-week range high of $146.84. This convergence indicates that the targets assume limited upside beyond the annual high, while the valuation warrants caution because fiscal Q2 2026 earnings included the nonrecurring Visa gain, reducing adjusted earnings per share to $2.59 from a reported $2.92.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Revenue reached $876.7 million, net income was $176.5 million, and diluted earnings per share were $2.92 in fiscal Q2 2026. Results benefited from a $896 million increase in loans and a $9.3 million rise in net interest income, in addition to record revenue from fiduciary and asset management. The results included a pretax gain of $30.9 million from a Visa Class B share exchange and securities repositioning losses of $4.6 million, resulting in adjusted net income of $156.5 million and adjusted earnings per share of $2.59.
Loans increased 3.4% sequentially and 11.5% annually in fiscal Q2 2026, and management raised its fiscal 2026 growth expectation to more than 10%. C&I represented approximately 70% of annual growth, while core C&I growth reached 11.1% annually, indicating greater diversification than reliance on real estate or energy alone. However, sales pipelines on July 21, 2026 were weaker than their level before fiscal Q2 2026, although they remained stronger than their level before fiscal Q1 2026, making a repeat of record production uncertain.
The mortgage finance balance reached $452 million in fiscal Q2 2026 after increasing by $224 million during the quarter. Commitments under active warehouse facilities reached $870 million, compared with management’s previous target of $1 billion in commitments by the end of fiscal 2026. The business also recorded its first month above breakeven in June 2026, but management warned of seasonality that could make the growth trajectory volatile.
Nonperforming assets not guaranteed by the government were $55 million, equivalent to 20 basis points of period-end loans and repossessed assets in fiscal Q2 2026. Net charge-offs were limited to $0.5 million, while their twelve-month average was 3 basis points, and the bank required no new provision. The allowance for credit losses was $323 million, or 1.19% of loans, and management expects provision expense to remain below $20 million in fiscal 2026.
The reported net interest margin increased one basis point in fiscal Q2 2026, but the core margin declined two basis points. Cash margin associated with energy client hedges reduced the core margin by approximately 3 basis points after the amount deposited with exchanges exceeded $900 million at one point during the quarter. By July 21, 2026, most of that margin had returned, and management expects support from the repricing of fixed-rate assets and the securities portfolio, while the impact remains sensitive to oil movements and deposit costs.
The analyst consensus rates BOKF “Neutral,” with an average price target of $150.5 within a range of $148 to $155. This average is only approximately 2.5% above the 52-week range high of $146.84, while the low end of the range is $102.72. The narrow target range reflects convergence in estimates, but investors need to separate operating earnings from the Visa gain that increased reported fiscal Q2 2026 earnings per share from an adjusted $2.59 to $2.92.
