BOK Financial Corp posted second-quarter 2026 earnings of $176.5 million, or $2.92 per diluted share, with adjusted earnings of $156.5 million, or $2.59 per share. Total loans grew 3.4% sequentially and 11.5% year-over-year, marking record quarterly loan growth, while C&I loans rose 3.9% sequentially and 11.1% year-over-year. Fee income declined $7.8 million sequentially to $202 million, but fiduciary and asset management revenue reached a quarterly record with a $4.5 million increase over the prior quarter. Net interest income increased by $9.3 million and net interest margin expanded by 1 basis point. Non-performing assets rose $2.8 million to $55 million, representing 20 basis points of period-end loans and repossessed assets, while net charge-offs were just $500,000 for the quarter. The allowance for credit losses stood at $323 million, or 1.1% of outstanding loans, and capital levels remained robust with tangible common equity at 9.6% and CET1 at 12.9%. Assets under management and administration grew $5.7 billion to $129.3 billion, reflecting a 10% annual growth rate. Full-year 2026 loan growth is expected to exceed 10%, with mid-single-digit revenue growth in the upper portion of the range and an efficiency ratio of approximately 62%.
BOK Financial CorporationBOK Financial reported strong Q2 earnings, record loan growth, and record fiduciary revenue, indicating solid financial performance.