BOK Financial (BOKF) Revenue & Revenue Breakdown
BOK Financial Revenue Highlights
Latest Revenue (Y)
$2.34B
Latest Revenue (Q)
$864.71M
Main Segment (Y)
Fees and commissions revenue
BOK Financial Revenue by Period
BOK Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.34B | 28.79% |
| 2022-12-31 | $1.82B | -0.67% |
| 2021-12-31 | $1.83B | -3.01% |
| 2020-12-31 | $1.89B | 8.06% |
| 2019-12-31 | $1.75B | 12.34% |
| 2018-12-31 | $1.56B | 4.81% |
| 2017-12-31 | $1.48B | 9.12% |
| 2016-12-31 | $1.36B | 2.15% |
| 2015-12-31 | $1.33B | 6.67% |
| 2014-12-31 | $1.25B | -0.79% |
| 2013-12-31 | $1.26B | -5.53% |
| 2012-12-31 | $1.33B | -28.40% |
| 2011-12-31 | $1.86B | 47.84% |
| 2010-12-31 | $1.26B | 1.62% |
| 2009-12-31 | $1.24B | 14.28% |
| 2008-12-31 | $1.08B | 14.84% |
| 2007-12-31 | $943.13M | 9.88% |
| 2006-12-31 | $858.31M | 7.79% |
| 2005-12-31 | $796.29M | 8.76% |
| 2004-12-31 | $732.13M | 5.64% |
| 2003-12-31 | $693.02M | 0.12% |
| 2002-12-31 | $692.20M | 17.30% |
| 2001-12-31 | $590.11M | 26.15% |
| 2000-12-31 | $467.79M | 10.17% |
| 1999-12-31 | $424.60M | 19.57% |
| 1998-12-31 | $355.10M | 24.47% |
| 1997-12-31 | $285.30M | 22.60% |
| 1996-12-31 | $232.70M | 12.74% |
| 1995-12-31 | $206.40M | 6.72% |
| 1994-12-31 | $193.40M | 13.63% |
| 1993-12-31 | $170.20M | - |
BOK Financial generated $2.34B in revenue during NA 2023, up 28.79% compared to the previous quarter, and up 150.61% compared to the same period a year ago.
BOK Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $864.71M | -7.29% |
| 2024-06-30 | $932.67M | 14.53% |
| 2024-03-31 | $814.35M | 79.76% |
| 2023-12-31 | $453.02M | -7.68% |
| 2023-09-30 | $490.69M | -6.18% |
| 2023-06-30 | $523.01M | -0.27% |
| 2023-03-31 | $524.43M | -3.01% |
| 2022-12-31 | $540.70M | 8.90% |
| 2022-09-30 | $496.52M | 14.62% |
| 2022-06-30 | $433.20M | 24.34% |
| 2022-03-31 | $348.39M | -18.19% |
| 2021-12-31 | $425.85M | -15.02% |
| 2021-09-30 | $501.10M | 8.79% |
| 2021-06-30 | $460.63M | 6.28% |
| 2021-03-31 | $433.41M | -8.54% |
| 2020-12-31 | $473.86M | -2.06% |
| 2020-09-30 | $483.84M | -0.94% |
| 2020-06-30 | $488.43M | 10.54% |
| 2020-03-31 | $441.88M | 1.30% |
| 2019-12-31 | $436.22M | -2.20% |
| 2019-09-30 | $446.03M | 0.80% |
| 2019-06-30 | $442.47M | 4.00% |
| 2019-03-31 | $425.47M | 3.61% |
| 2018-12-31 | $410.62M | 3.41% |
| 2018-09-30 | $397.08M | 3.93% |
| 2018-06-30 | $382.07M | 4.51% |
| 2018-03-31 | $365.58M | -1.03% |
| 2017-12-31 | $369.37M | -2.98% |
| 2017-09-30 | $380.71M | 1.42% |
| 2017-06-30 | $375.38M | 4.72% |
| 2017-03-31 | $358.48M | 11.81% |
| 2016-12-31 | $320.60M | -11.72% |
| 2016-09-30 | $363.17M | 2.10% |
| 2016-06-30 | $355.69M | 7.80% |
| 2016-03-31 | $329.94M | 0.38% |
| 2015-12-31 | $328.70M | -1.43% |
| 2015-09-30 | $333.49M | -3.22% |
| 2015-06-30 | $344.60M | 6.22% |
| 2015-03-31 | $324.42M | 4.94% |
| 2014-12-31 | $309.15M | -4.02% |
| 2014-09-30 | $322.11M | 0.44% |
| 2014-06-30 | $320.71M | 8.34% |
| 2014-03-31 | $296.01M | -8.30% |
| 2013-12-31 | $322.81M | 6.57% |
| 2013-09-30 | $302.91M | -2.29% |
| 2013-06-30 | $310.01M | -3.76% |
| 2013-03-31 | $322.13M | 12.64% |
| 2012-12-31 | $285.98M | -19.91% |
| 2012-09-30 | $357.07M | -3.07% |
| 2012-06-30 | $368.40M | 17.34% |
| 2012-03-31 | $313.95M | -5.64% |
| 2011-12-31 | $332.73M | -4.76% |
| 2011-09-30 | $349.36M | 10.22% |
| 2011-06-30 | $316.96M | 8.25% |
| 2011-03-31 | $292.82M | 3.77% |
| 2010-12-31 | $282.19M | -15.18% |
| 2010-09-30 | $332.70M | -2.78% |
| 2010-06-30 | $342.20M | 13.81% |
| 2010-03-31 | $300.68M | -2.10% |
| 2009-12-31 | $307.13M | -2.69% |
| 2009-09-30 | $315.61M | 3.45% |
| 2009-06-30 | $305.09M | -1.57% |
| 2009-03-31 | $309.94M | 1.87% |
| 2008-12-31 | $304.25M | 2.56% |
| 2008-09-30 | $296.64M | 38.26% |
| 2008-06-30 | $214.56M | -19.85% |
| 2008-03-31 | $267.69M | 9.59% |
| 2007-12-31 | $244.26M | - |
BOK Financial generated $864.71M in revenue during Q3 2024, up -7.29% compared to the previous quarter, and up 165.33% compared to the same period a year ago.
BOK Financial Revenue Breakdown
BOK Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Brokerage and trading revenue | $54.05M | $51.20M | $48.69M | $46.26M | $43.65M |
| Check card fee revenue | $23.46M | $23.31M | $23.71M | $21.36M | $22.03M |
| Commercial account service charge revenue | $57.71M | $56.63M | $54.36M | $48.42M | $47.91M |
| Corporate card revenue | $8.16M | $7.24M | $4.99M | $2.58M | $1.11M |
| Corporate trust revenue | $31.23M | $23.77M | $14.80M | $19.31M | $24.64M |
| Transaction card revenue | $106.86M | $104.27M | $96.98M | $90.18M | $87.22M |
| TransFund EFT network revenue | $89.50M | $84.59M | $80.13M | $78.37M | $77.32M |
| Retail brokerage revenue | $15.91M | $16.40M | $18.76M | $15.69M | $16.14M |
| Personal trust revenue | $95.07M | $99.08M | $97.58M | $84.76M | $81.76M |
| Overdraft fee revenue | $21.00M | $25.43M | $21.62M | $21.89M | $35.36M |
| Mortgage servicing revenue | - | - | - | - | - |
| Mortgage production revenue | - | - | - | - | - |
| Mortgage Banking | - | - | - | - | - |
| Merchant services revenue | $9.21M | $12.43M | $11.86M | $9.23M | $8.79M |
| Investment management services and other | $22.33M | $23.07M | $15.12M | $17.13M | $26.27M |
| Investment banking revenue | $27.46M | $21.92M | $18.16M | $17.86M | $13.65M |
| Insurance brokerage revenue | $10.68M | $12.88M | $11.77M | $12.70M | $13.86M |
| Institutional trust & retirement plan services revenue | $58.69M | $50.40M | $50.77M | $46.25M | $44.35M |
| Gain loss on trading | - | - | - | - | - |
| Financial Service, Other | $27.84M | - | - | - | - |
| Fiduciary and Trust | $207.32M | $196.33M | $178.27M | $167.44M | $177.03M |
| Fees and commissions revenue | $504.58M | $492.23M | $443.76M | $413.29M | $439.06M |
| Deposit Account | $108.51M | $110.64M | $104.22M | $96.81M | $112.48M |
| Customer hedging revenue | - | - | - | - | - |
| Automated service charge and other deposit fee revenue | $6.34M | $5.27M | $4.52M | $5.14M | $7.19M |
BOK Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fees and commissions revenue (33.96%), Fiduciary and Trust (13.95%), Deposit Account (7.30%), Transaction card revenue (7.19%), Personal trust revenue (6.40%), TransFund EFT network revenue (6.02%), Institutional trust & retirement plan services revenue (3.95%), Commercial account service charge revenue (3.88%), Brokerage and trading revenue (3.64%), Corporate trust revenue (2.10%), Financial Service, Other (1.87%), Investment banking revenue (1.85%), Check card fee revenue (1.58%), Investment management services and other (1.50%), Overdraft fee revenue (1.41%), Retail brokerage revenue (1.07%), Insurance brokerage revenue (0.72%), Merchant services revenue (0.62%), Corporate card revenue (0.55%), and Automated service charge and other deposit fee revenue (0.43%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage Banking | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment management services and other | $6.22M | $5.64M | $5.55M | $5.57M | $3.77M | $6.77M | $6.22M | $6.15M | $6.73M | $5.11M | $5.08M | $4.99M | $3.77M | $3.41M | $2.95M | $3.03M | $4.16M | $4.25M | $5.69M | $6.95M |
| Merchant services revenue | $2.47M | $2.51M | $2.19M | $2.11M | $2.44M | $2.50M | $2.16M | $2.98M | $1.93M | $3.88M | $3.65M | $3.06M | $3.06M | $3.45M | $2.28M | $1.63M | $3.04M | $2.24M | $2.32M | $2.27M |
| Investment banking revenue | $10.77M | $9.78M | $7.61M | $6.84M | $10.11M | $4.81M | $5.70M | $3.58M | $8.28M | $5.47M | $4.58M | $3.10M | $5.94M | $4.36M | $4.77M | $5.38M | $4.80M | $4.47M | $3.21M | $3.37M |
| Institutional trust & retirement plan services revenue | $17.06M | $16.52M | $16.15M | $15.75M | $16.88M | $13.22M | $12.84M | $12.68M | $12.58M | $12.57M | $12.57M | $12.29M | $13.04M | $12.83M | $12.61M | $12.74M | $11.03M | $10.72M | $11.76M | $11.43M |
| Gain loss on trading | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financial Service, Other | $7.02M | $5.59M | $5.02M | $6.71M | $6.63M | $6.08M | $8.41M | $10.59M | $11.25M | $4.78M | $3.17M | $3.51M | $5.80M | $3.13M | $3.15M | $2.92M | $3.27M | $2.51M | $3.90M | $4.51M |
| Fiduciary and Trust | $57.38M | $57.58M | $55.30M | $51.41M | $52.26M | $53.00M | $50.66M | $49.90M | $50.19M | $49.84M | $46.40M | $46.87M | $45.25M | $44.83M | $41.32M | $41.80M | $39.93M | $41.26M | $44.46M | $45.02M |
| Fees and commissions revenue | $139.04M | $134.60M | $126.81M | $127.78M | $130.12M | $123.17M | $123.50M | $124.40M | $131.49M | $122.61M | $113.72M | $112.60M | $117.00M | $110.63M | $103.54M | $103.14M | $102.67M | $99.77M | $107.71M | $109.86M |
| Deposit Account | $30.45M | $29.57M | $28.68M | $27.77M | $27.68M | $27.10M | $25.97M | $26.43M | $28.70M | $28.50M | $27.00M | $26.72M | $27.43M | $25.86M | $24.21M | $24.34M | $24.29M | $22.05M | $26.13M | $27.33M |
| Customer hedging revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate trust revenue | $9.09M | $8.65M | $9.26M | $7.65M | $8.71M | $7.20M | $7.66M | $6.83M | $6.51M | $6.48M | $3.96M | $3.77M | $3.81M | $3.44M | $3.79M | $3.73M | $4.61M | $4.60M | $6.36M | $5.90M |
| Corporate card revenue | $2.15M | $2.10M | $2.03M | $1.91M | $2.05M | $2.12M | $2.07M | $1.99M | $1.91M | $1.80M | $1.54M | $1.53M | $1.39M | $1.19M | $883.00K | $855.00K | $686.00K | $503.00K | $536.00K | $495.00K |
| Commercial account service charge revenue | $16.90M | $16.55M | $15.98M | $14.77M | $14.71M | $14.38M | $13.85M | $13.44M | $14.31M | $14.78M | $14.09M | $13.69M | $13.88M | $13.79M | $13.00M | $12.17M | $12.20M | $12.06M | $11.99M | $11.92M |
| Check card fee revenue | $6.15M | $6.05M | $5.67M | $5.92M | $5.93M | $5.97M | $5.64M | $5.81M | $5.94M | $6.01M | $5.54M | $6.06M | $6.29M | $6.03M | $5.33M | $5.44M | $5.57M | $5.12M | $5.23M | $5.57M |
| Brokerage and trading revenue | $15.69M | $14.62M | $12.30M | $13.04M | $17.17M | $10.99M | $12.85M | $10.35M | $15.37M | $12.55M | $12.93M | $10.50M | $13.89M | $11.88M | $12.43M | $12.18M | $11.71M | $11.01M | $11.34M | $10.45M |
| Automated service charge and other deposit fee revenue | $1.52M | $1.54M | $1.58M | $1.58M | $1.55M | $1.60M | $1.61M | $1.58M | $1.46M | $1.11M | $1.12M | $1.12M | $1.11M | $1.09M | $1.20M | $1.23M | $1.06M | $1.23M | $1.63M | $1.59M |
| Transaction card revenue | $28.50M | $27.25M | $25.49M | $28.85M | $26.39M | $26.00M | $25.62M | $27.14M | $25.97M | $26.94M | $24.22M | $25.00M | $24.63M | $24.92M | $22.43M | $21.90M | $23.46M | $22.94M | $21.88M | $22.55M |
| TransFund EFT network revenue | $23.87M | $22.64M | $21.27M | $24.83M | $21.90M | $21.38M | $21.39M | $22.17M | $22.14M | $21.26M | $19.02M | $20.40M | $20.18M | $20.28M | $19.27M | $19.41M | $19.74M | $20.19M | $19.03M | $19.78M |
| Retail brokerage revenue | $4.92M | $4.84M | $4.69M | $4.39M | $4.36M | $3.32M | $3.84M | $3.70M | $3.84M | $4.26M | $4.61M | $4.61M | $4.89M | $4.53M | $4.74M | $4.17M | $3.79M | $3.39M | $4.34M | $4.01M |
| Personal trust revenue | $25.01M | $26.77M | $24.34M | $22.44M | $22.89M | $25.80M | $23.95M | $24.24M | $24.36M | $25.68M | $24.80M | $25.83M | $24.62M | $25.16M | $21.98M | $22.30M | $20.13M | $21.68M | $20.65M | $20.73M |
| Overdraft fee revenue | $5.88M | $5.43M | $5.46M | $5.50M | $5.49M | $5.14M | $4.87M | $5.60M | $6.99M | $6.59M | $6.25M | $5.84M | $6.14M | $4.96M | $4.68M | $5.51M | $5.46M | $3.64M | $7.28M | $8.26M |
| Mortgage servicing revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Mortgage production revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Insurance brokerage revenue | - | - | - | $1.81M | $2.70M | $2.86M | $3.31M | $3.07M | $3.25M | $2.82M | $3.74M | $2.79M | $3.06M | $3.00M | $2.92M | $2.64M | $3.12M | $3.15M | $3.79M | $3.07M |
BOK Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Fees and commissions revenue (33.90%), Fiduciary and Trust (13.99%), Deposit Account (7.42%), Transaction card revenue (6.95%), Personal trust revenue (6.10%), TransFund EFT network revenue (5.82%), Institutional trust & retirement plan services revenue (4.16%), Commercial account service charge revenue (4.12%), Brokerage and trading revenue (3.83%), Investment banking revenue (2.63%), Corporate trust revenue (2.22%), Financial Service, Other (1.71%), Investment management services and other (1.52%), Check card fee revenue (1.50%), Overdraft fee revenue (1.43%), Retail brokerage revenue (1.20%), Merchant services revenue (0.60%), Corporate card revenue (0.52%), and Automated service charge and other deposit fee revenue (0.37%).
BOK Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| UMBF | UMB Financial | $2.38B | $557.69M |
| BOKF | BOK Financial | $2.34B | $864.71M |
| CBSH | Commerce Bancshares | $1.97B | $524.84M |
| TCBI | Texas Capital Bancshares | $1.63B | $452.53M |
| PB | Prosperity Bancshares | $1.60B | $458.92M |
| UBSI | United Bankshares | $1.50B | $399.46M |
| GBCI | Glacier Bancorp | $1.14B | $289.58M |
| FFBC | First Financial Ban | $1.12B | $314.22M |
| CBU | Community Bank System | $756.03M | $230.56M |
| BANF | BancFirst | $593.93M | $152.18M |
| FBNC | First Bancorp | $546.25M | $143.42M |
| FGBI | First Guaranty Bancshares | $193.43M | $69.18M |
| EQBK | Equity Bancshares | $168.08M | $84.01M |
| ACNB | ACNB | $115.08M | $33.30M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| FVCB | FVCBankcorp | $42.14M | $28.84M |
| AUBN | Auburn National Ban | $31.39M | $7.64M |
| FFIN | First Financial Bankshares | - | $184.94M |
BOKF Revenue FAQ
What is BOK Financial’s yearly revenue?
BOK Financial's yearly revenue for 2023 was $2.34B, representing an increase of 28.79% compared to 2022. The company's yearly revenue for 2022 was $1.82B, representing a decrease of -0.67% compared to 2021. BOKF's yearly revenue for 2021 was $1.83B, representing a decrease of -3.01% compared to 2020.
What is BOK Financial’s quarterly revenue?
BOK Financial's quarterly revenue for Q3 2024 was $864.71M, a -7.29% decrease from the previous quarter (Q2 2024), and a 76.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $932.68M, a 14.53% increase from the previous quarter (Q1 2024), and a 78.33% increase year-over-year (Q2 2023). BOKF's quarterly revenue for Q1 2024 was $814.35M, a 79.76% increase from the previous quarter (Q4 2023), and a 55.28% increase year-over-year (Q1 2023).
What is BOK Financial’s revenue growth rate?
BOK Financial's revenue growth rate for the last 3 years (2021-2023) was 27.93%, and for the last 5 years (2019-2023) was 34.07%.
What are BOK Financial’s revenue streams?
BOK Financial's revenue streams in c 23 are Brokerage and trading revenue, Check card fee revenue, Commercial account service charge revenue, Corporate card revenue, Corporate trust revenue, Transaction card revenue, TransFund EFT network revenue, Retail brokerage revenue, Personal trust revenue, Overdraft fee revenue, Merchant services revenue, Investment management services and other, Investment banking revenue, Insurance brokerage revenue, Institutional trust & retirement plan services revenue, Financial Service, Other, Fiduciary and Trust, Fees and commissions revenue, Deposit Account, and Automated service charge and other deposit fee revenue. Brokerage and trading revenue generated $54.05M in revenue, accounting 3.64% of the company's total revenue, up 5.57% year-over-year. Check card fee revenue generated $23.46M in revenue, accounting 1.58% of the company's total revenue, up 0.65% year-over-year. Commercial account service charge revenue generated $57.71M in revenue, accounting 3.88% of the company's total revenue, up 1.91% year-over-year. Corporate card revenue generated $8.16M in revenue, accounting 0.55% of the company's total revenue, up 12.62% year-over-year. Corporate trust revenue generated $31.23M in revenue, accounting 2.10% of the company's total revenue, up 31.35% year-over-year. Transaction card revenue generated $106.86M in revenue, accounting 7.19% of the company's total revenue, up 2.49% year-over-year. TransFund EFT network revenue generated $89.5M in revenue, accounting 6.02% of the company's total revenue, up 5.80% year-over-year. Retail brokerage revenue generated $15.91M in revenue, accounting 1.07% of the company's total revenue, down -3.02% year-over-year. Personal trust revenue generated $95.07M in revenue, accounting 6.40% of the company's total revenue, down -4.04% year-over-year. Overdraft fee revenue generated $21M in revenue, accounting 1.41% of the company's total revenue, down -17.39% year-over-year. Merchant services revenue generated $9.21M in revenue, accounting 0.62% of the company's total revenue, down -25.96% year-over-year. Investment management services and other generated $22.33M in revenue, accounting 1.50% of the company's total revenue, down -3.22% year-over-year. Investment banking revenue generated $27.46M in revenue, accounting 1.85% of the company's total revenue, up 25.31% year-over-year. Insurance brokerage revenue generated $10.68M in revenue, accounting 0.72% of the company's total revenue, down -17.08% year-over-year. Institutional trust & retirement plan services revenue generated $58.69M in revenue, accounting 3.95% of the company's total revenue, up 16.44% year-over-year. Financial Service, Other generated $27.84M in revenue, accounting 1.87% of the company's total revenue Fiduciary and Trust generated $207.32M in revenue, accounting 13.95% of the company's total revenue, up 5.60% year-over-year. Fees and commissions revenue generated $504.58M in revenue, accounting 33.96% of the company's total revenue, up 2.51% year-over-year. Deposit Account generated $108.51M in revenue, accounting 7.30% of the company's total revenue, down -1.92% year-over-year. Automated service charge and other deposit fee revenue generated $6.34M in revenue, accounting 0.43% of the company's total revenue, up 20.27% year-over-year.
What is BOK Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of BOK Financial was Fees and commissions revenue. This segment made a revenue of $504.58M, representing 33.96% of the company's total revenue.