BOK Financial Corporation reported fourth quarter 2025 net income of $152 million, up 18% from $129 million in the year-ago period. Net interest income rose 12% to $375 million, driven by a 15 basis-point expansion in net interest margin to 3.45%. Noninterest income climbed 9% to $185 million, led by strong investment banking and capital markets revenue gains. Return on average assets improved to 1.35% from 1.18%, while return on average equity increased to 13.0% from 11.5%.

For the full year 2025, BOK Financial generated net income of $610 million, a 14% increase over $534 million in 2024. Total revenue grew 10% to $2.22 billion, with net interest income up 11% and noninterest income up 8%. The company’s efficiency ratio improved to 58.2%, down from 60.5% a year earlier. Loan balances expanded by 7% to $26.8 billion, while deposits increased 5% to $32.1 billion. Annualized return on assets reached 1.25%, and return on equity was 12.5%.

In the week leading up to the release, the consensus EPS estimate for Q4 2025 was raised 5% to $1.12, based on upward revisions from four of the five major Wall Street analysts covering BOK Financial. Revenue forecasts were nudged higher to an average of $560 million for the quarter, versus prior projections of $545 million. Three analysts also raised 12-month price targets by an average of 6%, reflecting expectations for continued margin expansion and loan growth.

BOK Financial will host a conference call at noon Central Time on January 20, 2026, to discuss fourth quarter and full-year results. Management is expected to update guidance for 2026 net interest margin in the range of 3.50% to 3.60%, loan growth of 6% to 8%, and efficiency ratio between 57% and 59%. The call will be accessible via webcast on the investor relations website.