Company: BOKF
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000875357-25-000045
Chunk: 14

Company: BOK FINANCIAL CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 14
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 growth. Other operating revenue increased $15.3 million, primarily driven by broad-based growth across our fee income lines coupled with increased gains on merchant banking investments. Other operating expense remained consistent at $227.9 million and corporate expense allocations increased $2.3 million.

Table 8 - Net Income Before Taxes by Segment

(Dollars in thousands)

                                                                                                                     % Increase (Decrease)  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Commercial Banking               141,575       139,983       1,592       281,558        320,347      (38,789)                       (12)  
  Consumer Banking                  24,746        22,122       2,624        46,868         63,870      (17,002)                       (27)  
  Wealth Management                 40,749        32,726       8,023        73,475         69,061         4,414                          6  
  Segment total                    207,070       194,831      12,239       401,901        453,278      (51,377)                       (11)  
  Funds Management and other      (26,309)      (40,068)      13,759      (66,377)      (135,354)        68,977                        N/A  
  BOK Financial Corporation        180,761       154,763      25,998       335,524        317,924        17,600                          6  

Certain percentage increases (decreases) are not meaningful for comparison purposes.

- 13 -

Commercial Banking

Commercial Banking contributed $141.6 million to consolidated net income before taxes in the second quarter of 2025, an increase of $1.6 million, or 1%, over the first quarter of 2025.

Table 9 - Commercial Banking

(Dollars in thousands)

                                                                                                                                                              %  
                                                                                                                                                       Increase  
                                                                                                                                                     (Decrease)  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net interest income from external sources               235,765         231,423          4,342         467,188         560,342       (93,154)            (17)  
  Net interest expense from internal sources             (59,939)