BOK Financial Corporation

Legal structure and focus

• Financial holding company organized in Oklahoma (since 1990).
• Regulated under the Bank Holding Company Act (BHCA) and related regulations.
• Primary banking subsidiary: BOKF, N.A., which operates TransFund and Cavanal Hill Investment Management.

Geographic footprint

• Full-service banking in eight states: Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri.
• Principal offices in Tulsa, Oklahoma; nationwide presence in metropolitan areas including Tulsa, Oklahoma City, Dallas–Fort Worth, Houston, San Antonio, Albuquerque, Denver, Phoenix, and Kansas City (KS/MO).

Assets and scale (as of December 31, 2025)

• Total consolidated assets: $52 billion.
• Assets under management or administration (wealth management): approximately $127 billion.
• Number of employees: 5,034 (full-time and part-time).

Business segments

BOK Financial reports three principal segments:

• Commercial Banking

  • Lending, treasury and cash management services, and customer risk management products for small businesses, middle market, and larger commercial customers.
  • Includes the TransFund electronic funds network.

• Consumer Banking

  • Retail lending and deposit services, and small business servicing through the consumer branch network.
  • Mortgage loan origination and servicing activities.

• Wealth Management

  • Brokerage and trading activities focused on providing liquidity to mortgage markets (U.S. government agency mortgage-backed securities and related derivatives).
  • Fiduciary services, private banking, and investment advisory services.
  • Underwrites state and municipal securities.

Products and services

• Loans and deposits, cash management, fiduciary services, mortgage banking, and brokerage/trading services.
• Energy financing expertise and commodity derivatives for customers.
• Mortgage production, origination, and servicing; mortgage servicing rights (MSR) holdings.

Market position and competition

• Largest financial institution in Oklahoma by deposits (about 14% of state deposits; ~33% in Tulsa; ~13% in Oklahoma City).
• Market presence in Texas (Dallas–Fort Worth ~1%; Houston ~1%; San Antonio ~1%), Albuquerque (about 13% market share), Denver (about 3%), Kansas City area (about 1%), and Phoenix (about 1%).
• Competes with national, regional, and local banks, as well as non-bank financial services firms and fintechs.

Growth strategy and operating philosophy

• Focus on long-term value growth with leadership in Oklahoma and expansion into contiguous high-growth markets.
• Growth through acquisitions of quality, growth-oriented organizations; expanding locations and product offerings.
• Local decision-making within markets while maintaining company-wide standards and risk controls.

Governance and regulation

• Subject to federal and state banking and financial regulations, including consumer protection, capital adequacy, liquidity, and cybersecurity requirements.
• Emphasizes risk management, regulatory compliance, and governance through board risk committees and internal controls.

Headquarters

• Bank of Oklahoma Tower, Tulsa, OK 74172.