v3.26.1
Fees and Commissions Revenue Fees and Commissions Revenue
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Fees and Commissions Revenue [Text Block] Fees and Commissions Revenue
Fees and commissions revenue is generated through the sales of products, consisting primarily of financial instruments, and the performance of services for customers under contractual obligations. Revenue from providing services for customers is primarily recognized at the time services are provided in an amount that reflects the consideration we expect to be entitled to for those services. Revenue is recognized based on the application of five steps:

•Identify the contract with a customer
•Identify the performance obligations in the contract
•Determine the transaction price
•Allocate the transaction price to the performance obligations in the contract
•Recognize revenue when (or as) the Company satisfies a performance obligation

For contracts with multiple performance obligations, individual performance obligations are accounted for separately if the customer can benefit from the good or service on its own or with other resources readily available to the customer, and the promise to transfer goods and services to the customer is separately identifiable in the contract. The transaction price is allocated to the performance obligations based on relative standalone selling prices.

Revenue is recognized on a gross basis whenever we have primary responsibility and risk in providing the services or products to our customers and have discretion in establishing the price for the services or products. Revenue is recognized on a net basis whenever we act as an agent for the products or services of others.
 
Brokerage and trading revenue includes revenues from trading, customer hedging, retail brokerage, and investment banking. Trading revenue includes net realized and unrealized gains primarily related to sales of securities to institutional customers and related derivative contracts. Customer hedging revenue includes realized and unrealized changes in the fair value of derivative contracts held for customer risk management programs, including credit valuation adjustments, as necessary. We offer commodity, interest rate, foreign exchange, and equity derivatives to our customers. These customer contracts are offset with contracts with selected counterparties and exchanges to minimize changes in market risk from changes in commodity prices, interest rates, or foreign exchange rates. Retail brokerage revenue represents fees and commissions earned on sales of fixed income securities, annuities, mutual funds, and other financial instruments to retail customers. Investment banking revenue includes fees earned upon completion of underwriting and financial advisory services. Investment banking revenue also includes fees earned in conjunction with loan syndications.
 
Transaction card revenue includes merchant discount fees and electronic funds transfer network fees, net of interchange fees paid to card issuers and assessments paid to card networks. Merchant discount fees represent fees paid by customers for account management and electronic processing of card transactions. Merchant discount fees are recognized at the time the customer's transactions are processed or other services are performed. The Company also maintains the TransFund electronic funds transfer network for the benefit of its members, which includes BOKF, NA. Electronic funds transfer fees are recognized as electronic transactions are processed on behalf of its members. 
 
Fiduciary and asset management revenue includes fees from asset management, custody, recordkeeping, investment advisory, and administration services. Revenue is recognized on an accrual basis at the time the services are performed and may be based on either the fair value of the account or the service provided.
 
Deposit service charges and fees include commercial account service charges, overdraft fees, check card fee revenue and automated service charges, and other deposit service fees. Fees are recognized at least quarterly in accordance with published deposit account agreements and disclosure statements for retail accounts or contractual agreements for commercial accounts. Item charges for overdraft or non-sufficient funds items are recognized as items are presented for payment. Account balance charges and activity fees are accrued monthly and collected in arrears. Commercial account activity fees may be offset by an earnings credit based on account balances. Check card fees represent interchange fees paid by a merchant bank for transactions processed from cards issued by the Company. Check card fees are recognized when transactions are processed.

Mortgage banking revenue includes revenues recognized in conjunction with the origination, marketing, and servicing of conventional and government-sponsored residential mortgage loans. Mortgage production revenue includes net realized gains (losses) on sales of residential mortgage loans in the secondary market and the net change in unrealized gains (losses) on RMHFS. Mortgage production revenue also includes changes in the fair value of derivative contracts not designated as hedging instruments related to residential mortgage loan commitments and forward sales contracts. Mortgage servicing revenue includes servicing fee income and late charges on loans serviced for others.
Fees and commissions revenue by reportable segment and primary service line is as follows for the three months ended June 30, 2026 (in thousands):
Commercial Banking
Consumer Banking
Wealth ManagementFunds Management and Other
BOK Financial Corporation
Out of Scope1
In Scope2
Trading revenue$— $— $6,650 $— $6,650 $6,650 $— 
Customer hedging revenue
2,716 — 3,350 646 6,712 6,712 — 
Retail brokerage revenue
— — 5,732 — 5,732 — 5,732 
Investment banking revenue
8,391 — 4,965 — 13,356 7,478 5,878 
Brokerage and trading revenue11,107 — 20,697 646 32,450 20,840 11,610 
TransFund EFT network revenue24,646 935 (16)— 25,565 — 25,565 
Merchant services revenue2,722 8 — — 2,730 — 2,730 
Corporate card revenue2,450 — 1,637 (785)3,302 — 3,302 
Transaction card revenue29,818 943 1,621 (785)31,597 — 31,597 
Personal trust revenue— — 30,835 — 30,835 — 30,835 
Corporate trust revenue— — 12,325 — 12,325 — 12,325 
Institutional trust & retirement plan services revenue
— — 20,276 — 20,276 — 20,276 
Investment management services and other revenue
— — 7,571 — 7,571 — 7,571 
Fiduciary and asset management revenue— — 71,007 — 71,007 — 71,007 
Commercial account service charge revenue
17,849 570 738 — 19,157 — 19,157 
Overdraft fee revenue35 6,321 40 (1)6,395 — 6,395 
Check card revenue
— 6,371 — — 6,371 — 6,371 
Automated service charge and other deposit fee revenue
202 1,167 35 (1)1,403 — 1,403 
Deposit service charges and fees18,086 14,429 813 (2)33,326 — 33,326 
Mortgage production revenue— 2,174 — — 2,174 2,174 — 
Mortgage servicing revenue— 17,860 — (1,049)16,811 16,811 — 
Mortgage banking revenue— 20,034 — (1,049)18,985 18,985 — 
Other revenue2,403 2,441 6,943 2,840 14,627 8,978 5,649 
Total fees and commissions revenue
$61,414 $37,847 $101,081 $1,650 $201,992 $48,803 $153,189 
1     Out of scope revenue generally relates to financial instruments or contractual rights and obligations within the scope of other applicable accounting guidance.
2    In scope revenue represents revenue subject to FASB ASC Topic 606, Revenue from Contracts with Customers.
Fees and commissions revenue by reportable segment and primary service line is as follows for the six months ended June 30, 2026 (in thousands):
Commercial BankingConsumer BankingWealth ManagementFunds Management and OtherBOK Financial Corporation
Out of Scope1
In Scope2
Trading revenue$— $— $25,963 $— $25,963 $25,963 $— 
Customer hedging revenue
6,854 — 7,934 (260)14,528 14,528 — 
Retail brokerage revenue
— — 12,046 — 12,046 — 12,046 
Investment banking revenue
12,868 — 10,651 — 23,519 11,955 11,564 
Brokerage and trading revenue19,722 — 56,594 (260)76,056 52,446 23,610 
TransFund EFT network revenue49,790 1,850 (31)— 51,609 — 51,609 
Merchant services revenue5,155 16 — — 5,171 — 5,171 
Corporate card revenue4,841 — 2,726 (785)6,782 — 6,782 
Transaction card revenue59,786 1,866 2,695 (785)63,562 — 63,562 
Personal trust revenue— — 59,284 — 59,284 — 59,284 
Corporate trust revenue— — 24,084 — 24,084 — 24,084 
Institutional trust & retirement plan services revenue
— — 39,819 — 39,819 — 39,819 
Investment management services and other revenue
— — 14,301 — 14,301 — 14,301 
Fiduciary and asset management revenue— — 137,488 — 137,488 — 137,488 
Commercial account service charge revenue
35,656 1,151 1,449 — 38,256 — 38,256 
Overdraft fee revenue67 12,109 76 1 12,253 — 12,253 
Check card revenue
— 12,190 — — 12,190 — 12,190 
Automated service charge and other deposit fee revenue
405 2,361 80 (1)2,845 — 2,845 
Deposit service charges and fees36,128 27,811 1,605 — 65,544 — 65,544 
Mortgage production revenue— 6,100 — — 6,100 6,100 — 
Mortgage servicing revenue— 35,922 — (2,074)33,848 33,848 — 
Mortgage banking revenue— 42,022 — (2,074)39,948 39,948 — 
Other revenue4,788 7,085 13,123 4,175 29,171 16,718 12,453 
Total fees and commissions revenue
$120,424 $78,784 $211,505 $1,056 $411,769 $109,112 $302,657 
1     Out of scope revenue generally relates to financial instruments or contractual rights and obligations within the scope of other applicable accounting guidance.
2    In scope revenue represents revenue subject to FASB ASC Topic 606, Revenue from Contracts with Customers.
Fees and commissions revenue by reportable segment and primary service line is as follows for the three months ended June 30, 2025 (in thousands):
Commercial Banking
Consumer Banking
Wealth ManagementFunds Management and Other
BOK Financial Corporation
Out of Scope1
In Scope2
Trading revenue$— $— $14,426 $— $14,426 $14,426 $— 
Customer hedging revenue
3,439 — 3,395 676 7,510 7,510 — 
Retail brokerage revenue
— — 5,113 — 5,113 — 5,113 
Investment banking revenue
5,364 — 5,712 — 11,076 5,050 6,026 
Brokerage and trading revenue8,803 — 28,646 676 38,125 26,986 11,139 
TransFund EFT network revenue23,877 753 (17)— 24,613 — 24,613 
Merchant services revenue2,614 8 — — 2,622 — 2,622 
Corporate card revenue2,086 — 137 103 2,326 — 2,326 
Transaction card revenue28,577 761 120 103 29,561 — 29,561 
Personal trust revenue— — 28,018 — 28,018 — 28,018 
Corporate trust revenue— — 11,705 — 11,705 — 11,705 
Institutional trust & retirement plan services revenue
— — 17,895 — 17,895 — 17,895 
Investment management services and other revenue
— — 6,346 — 6,346 — 6,346 
Fiduciary and asset management revenue— — 63,964 — 63,964 — 63,964 
Commercial account service charge revenue
17,137 585 632 — 18,354 — 18,354 
Overdraft fee revenue26 5,367 53 (15)5,431 — 5,431 
Check card revenue
— 6,053 — — 6,053 — 6,053 
Automated service charge and other deposit fee revenue
247 1,128 106 — 1,481 — 1,481 
Deposit service charges and fees17,410 13,133 791 (15)31,319 — 31,319 
Mortgage production revenue— 1,707 — — 1,707 1,707 — 
Mortgage servicing revenue— 18,141 — (855)17,286 17,286 — 
Mortgage banking revenue— 19,848 — (855)18,993 18,993 — 
Other revenue3,610 3,047 10,129 (1,418)15,368 8,200 7,168 
Total fees and commissions revenue
$58,400 $36,789 $103,650 $(1,509)$197,330 $54,179 $143,151 
1     Out of scope revenue generally relates to financial instruments or contractual rights and obligations within the scope of other applicable accounting guidance.
2    In scope revenue represents revenue subject to FASB ASC Topic 606, Revenue from Contracts with Customers.
Fees and commissions revenue by reportable segment and primary service line is as follows for the six months ended June 30, 2025 (in thousands):
Commercial Banking
Consumer Banking
Wealth ManagementFunds Management and Other
BOK Financial Corporation
Out of Scope1
In Scope2
Trading revenue$— $— $22,533 $— $22,533 $22,533 $— 
Customer hedging revenue
7,957 — 7,441 501 15,899 15,899 — 
Retail brokerage revenue
— — 10,072 — 10,072 — 10,072 
Investment banking revenue
8,575 — 12,114 — 20,689 8,241 12,448 
Brokerage and trading revenue16,532 — 52,160 501 69,193 46,673 22,520 
TransFund EFT network revenue45,980 1,431 (34)— 47,377 — 47,377 
Merchant services revenue4,787 16 — — 4,803 — 4,803 
Corporate card revenue3,957 — 311 205 4,473 — 4,473 
Transaction card revenue54,724 1,447 277 205 56,653 — 56,653 
Personal trust revenue— — 53,574 — 53,574 — 53,574 
Corporate trust revenue— — 22,814 — 22,814 — 22,814 
Institutional trust & retirement plan services revenue
— — 36,881 — 36,881 — 36,881 
Investment management services and other revenue
— — 11,667 — 11,667 — 11,667 
Fiduciary and asset management revenue— — 124,936 — 124,936 — 124,936 
Commercial account service charge revenue
33,760 1,159 1,254 — 36,173 — 36,173 
Overdraft fee revenue58 10,649 105 (15)10,797 — 10,797 
Check card revenue
— 11,668 — — 11,668 — 11,668 
Automated service charge and other deposit fee revenue
497 2,296 163 — 2,956 — 2,956 
Deposit service charges and fees34,315 25,772 1,522 (15)61,594 — 61,594 
Mortgage production revenue— 4,336 — — 4,336 4,336 — 
Mortgage servicing revenue— 36,150 — (1,678)34,472 34,472 — 
Mortgage banking revenue— 40,486 — (1,678)38,808 38,808 — 
Other revenue7,986 5,879 21,091 (4,694)30,262 16,569 13,693 
Total fees and commissions revenue
$113,557 $73,584 $199,986 $(5,681)$381,446 $102,050 $279,396 
1     Out of scope revenue generally relates to financial instruments or contractual rights and obligations within the scope of other applicable accounting guidance.
2    In scope revenue represents revenue subject to FASB ASC Topic 606, Revenue from Contracts with Customers.