BOK Financial Corporation

BOK Financial Corporation
Company typePublic
Nasdaq: BOKF
Russell 1000 Index component
IndustryBanking
Founded1910; 114 years ago (1910), as Exchange National Bank of Tulsa
1990; 34 years ago (1990), rebranded as BOK Financial Corporation
HeadquartersBOK Tower,
Tulsa, Oklahoma
,
United States
Areas served
Nationwide service area with bank operations in Arizona, Arkansas, Colorado, Kansas, Missouri, New Mexico, Oklahoma, Texas
Key people
RevenueIncrease US$2.02 billion (fiscal year ended 31 December 2023)[1]
Increase US$530.7 million (fiscal year ended 31 December 2023)[1]
AUMIncrease US$104.7 billion (fiscal year ended 31 December 2023)[1]
Total assetsIncrease $49.8 billion (fiscal year ended 31 December 2023)[1]
Total equityIncrease $5.1 billion (fiscal year ended 31 December 2023)[1]
OwnerGeorge Kaiser (53%)
Number of employees
4,966 (2023-12-31)
Websitewww.bokf.com
Footnotes / references
[1]

BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S.,[2] and the largest in Oklahoma.

The company's banking subsidiary, BOKF, NA, operates under the brands Bank of Oklahoma, Bank of Texas, and Bank of Albuquerque, and it operates as BOK Financial in Arizona, Arkansas, Colorado, Kansas, and Missouri.[3] It also operates ATM and debit card processor TransFund, Cavanal Hill Investment Management, BOK Financial Securities, BOK Financial Advisors, BOK Financial Insurance, and BOK Financial Asset Management.

The company is more than 50% owned by George Kaiser, who acquired the bank in 1991 from the FDIC. Known for its energy roots, as of June 30, 2021, 14% of its loan portfolio was to borrowers in the petroleum industry.

  1. ^ a b c d e f "BOK Financial Corporation 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Federal Reserve Statistical Release – Large Commercial Banks". December 31, 2021. Retrieved May 25, 2021.
  3. ^ "BOK Financial Opportunity Banking receives national certification" (Press release). BOK Financial Corporation. May 5, 2022.