BOK Financial Corporation Q2 2026 Earnings Release

BOK Financial Corporation reported strong Q2 2026 results, with net income of $176.5 million, or $2.92 per diluted share. This represents an increase from the previous quarter and the same period last year. Net interest income rose to $351.8 million, with a stable net interest margin of 2.91%. Fees and commissions revenue were $202.0 million, slightly down from the prior quarter due to lower trading fees, but offset by growth in fiduciary and asset management, and investment banking. Operating expenses increased to $361.7 million, with personnel costs up slightly and non-personnel costs also increasing. Loan balances grew by $896 million to $27.1 billion, showing broad-based growth across the portfolio. Deposits also saw a significant increase of $1.2 billion, reaching $39.9 billion. The company's capital ratios remain strong, with a tangible common equity ratio of 9.61%. Credit quality remained stable, with nonperforming assets at 0.23% of loans and net charge-offs at 0.01% annualized. The CEO highlighted strong loan production, stable core net interest income, and record revenue in the Fiduciary and Asset Management business.