Company: BOKF
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000875357-25-000027
Chunk: 8

Company: BOK FINANCIAL CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 2
Chunk 8
---
.12       19,680,708          0.24  
  Total managed fiduciary assets                              36,473,520      40,798          0.45       36,050,842          0.41       30,969,299          0.51  
  Non-managed assets:                                                                                                                                             
  Fiduciary                                                   31,586,317      17,652          0.22       31,928,292          0.26       29,395,993          0.18  
  Non-fiduciary                                               20,170,128       2,522          0.05       21,116,298          0.05       19,384,953          0.05  
  Safekeeping and brokerage assets under administration       25,726,598                         —       25,519,805             —       25,780,658             —  
  Total non-managed assets                                    77,483,043      20,174          0.10       78,564,395          0.12       74,561,604          0.08  
  Total assets under management or administration            113,956,563      60,972          0.21      114,615,237          0.21      105,530,903          0.21  

1 Assets under management or administration balance excludes certain assets under custody held by a sub-custodian where minimal revenue is recognized. $14 billion, $21 billion, and $20 billion of such assets are excluded from assets under management or administration at March 31, 2025, December 31, 2024, and March 31, 2024, respectively.

2 Fiduciary and asset management revenue includes asset-based and other fees associated with the assets.

3

Annualized revenue divided by period end balance.

A summary of changes in assets under management or administration for the three months ended March 31, 2025, and 2024 follows:

Table 4 - Changes in Assets Under Management or Administration

(In thousands)

                                2025                       2024                   
 ──────────────────────────────────────────────────────────────────────────────────
  Beginning balance             $         114,615,237      $         104,736,999  
  Net inflows (outflows)                      491,790                (1