BOK Financial (BOKF) financial statements
BOK Financial reported revenue of $2.2B in fiscal 2025, up 4.8% a year over 9 years.
Net income was $578M.
Free cash flow was $575M, and the company returned $148M in dividends and $413M in net buybacks.
The diluted share count fell 4% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from BOK Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B | $1.8B | $2.0B | $1.9B | $1.9B | $2.1B | $2.1B | $2.2B |
| Interest expense | $82M | $131M | $244M | $419M | $161M | $62M | $181M | $1.1B | — | — |
| Pre-tax income | $339M | $518M | $565M | $631M | $564M | $796M | $660M | $683M | $667M | $741M |
| Income tax | $106M | $183M | $119M | $130M | $129M | $180M | $140M | $152M | $143M | $163M |
| Net income | $233M | $335M | $446M | $501M | $435M | $618M | $520M | $531M | $524M | $578M |
| EPS (diluted) | $3.53 | $5.11 | $6.63 | $7.03 | $6.19 | $8.95 | $7.68 | $8.02 | $8.14 | $9.17 |
| Diluted shares | 65M | 65M | 67M | 71M | 70M | 69M | 67M | 66M | 64M | 63M |
| Net margin | 16.4% | 21.8% | 27.8% | 27.7% | 22.3% | 33.0% | 28.1% | 25.7% | 25.5% | 26.6% |
Balance sheet
Fiscal years, from BOK Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2.5B | $2.3B | $1.1B | $1.3B | $1.2B | $2.8B | $1.4B | $1.3B | $1.4B | $1.7B |
| Property, plant and equipment | $326M | $317M | $330M | $536M | $551M | $574M | $565M | $622M | $634M | $639M |
| Goodwill | $449M | $447M | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B |
| Total assets | $32.8B | $32.3B | $38.0B | $42.2B | $46.7B | $50.2B | $47.8B | $49.8B | $49.7B | $52.2B |
| Total liabilities | $29.5B | $28.8B | $33.6B | $37.3B | $41.4B | $44.9B | $43.1B | $44.7B | $44.1B | $46.3B |
| Shareholders' equity | $3.3B | $3.5B | $4.4B | $4.9B | $5.3B | $5.4B | $4.7B | $5.1B | $5.5B | $5.9B |
| Net debt | -$2.5B | -$2.3B | -$1.1B | -$1.3B | -$1.2B | -$2.8B | -$1.4B | -$1.3B | -$1.4B | -$1.7B |
Cash flow
Fiscal years, from BOK Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$92M | $215M | -$552M | -$474M | -$416M | -$3.7B | $5.1B | $66M | $1.4B | $740M |
| Capital spending | $200M | $251M | $345M | $385M | $141M | $204M | $215M | $166M | $172M | $164M |
| Free cash flow | -$292M | -$36M | -$897M | -$858M | -$557M | -$3.9B | $4.9B | -$100M | $1.3B | $575M |
| Stock-based compensation | $10M | $24M | $4M | $16M | $16M | $10M | $12M | $16M | $23M | $23M |
| Dividends paid | $113M | $116M | $127M | $143M | $144M | $144M | $144M | $143M | $143M | $148M |
| Share buybacks (net) | -$67M | -$7M | -$53M | -$129M | -$76M | -$118M | -$155M | -$177M | -$90M | -$413M |
| Free cash flow margin | -20.5% | -2.3% | -56.0% | -47.5% | -28.6% | -208.0% | 264.6% | -4.8% | 61.4% | 26.4% |
| Dividends per share | $1.74 | $1.79 | $1.91 | $2.03 | $2.07 | $2.10 | $2.14 | $2.18 | $2.24 | $2.36 |
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Open BOKF in InvestinglyQuestions
What was BOK Financial's revenue in 2025?
$2.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does BOK Financial generate?
$575M in fiscal 2025 (operating cash flow minus capital spending).
From BOK Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.