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BOKF · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is BOK Financial Corp (BOKF) stock moving?
BOKF closed at $131.20 on Nov 10, roughly flat over the past three weeks and inside a $128-$136 range, with no sustained trend. The main recent news is a 24% increase in the quarterly dividend to $0.78 announced Nov 3, which signals management confidence in earnings and capital. Q3 results (reported Oct 19) were mixed: net income of $159.9M ($2.64 diluted EPS) was below the prior quarter's $176.5M, but net interest margin widened to 3.00% from 2.91%, loans grew $646M to $27.7B (11.5% year over year), and credit quality stayed strong with net charge-offs of only 0.01%. Offsetting these were fee and commission revenue down to $188.0M from $202.0M, deposits down $324M to $39.5B, and the tangible common equity ratio falling to 9.16% from 9.61%. Volume has been normal (around 170k-260k shares per day) except for a 597k spike on Oct 29, and recent sessions show no clear accumulation or distribution. The Nov 6 investor presentation adds no new figures in the text provided.
News behind the analysis
- BOK Financial Corporation Increases Quarterly Cash DividendBOK Financial raised its quarterly cash dividend by 24% to $0.78 per common share.
- BOK Financial Raises Quarterly Cash Dividend From $0.63 To $0.78 Per ShareThe dividend increase from $0.63 to $0.78 per share was reported by Benzinga.
- BOK Financial Q3 2026 results: net income $159.9M, $2.64 per diluted shareNet interest margin rose to 3.00% from 2.91% and loans reached $27.7B, up 11.5% year over year. Fees and commissions fell to $188.0M from $202.0M, and tangible common equity ratio dropped to 9.16%.
- BOK Financial posts investor presentation (Form 8-K, Regulation FD)The company posted an investor presentation on its website on Nov 6 for use in investor and analyst conversations. The filing's text provided does not include new financial figures.
About BOK Financial Corp
BOK Financial is a Tulsa, Oklahoma-based regional bank holding company that operates mainly through Bank of Oklahoma, Bank of Texas and Bank of Albuquerque, with roughly $27 billion in loans and $40 billion in deposits (approximate, mid-2026). Compared with most regional banks, it earns more of its revenue from fees, through large wealth management, trading, mortgage servicing and TransFund payment-network businesses, and it is a major lender to the energy industry.
How it makes money
Its largest source of revenue is net interest income, which is roughly 60% of the total: it earns more interest on commercial, commercial real estate and consumer loans and on securities than it pays out on deposits. The other roughly 40% is fee income from wealth and asset management (fiduciary fees and brokerage/trading), transaction card processing through TransFund, mortgage banking and deposit service charges.
What usually moves BOKF
- Interest rates and net interest margin
- Commercial and energy loan growth and credit quality
- Oil and gas prices affecting its energy lending
- Trading and wealth-management fee income
- Economic conditions in Texas and Oklahoma