Company: BOKF
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000875357-25-000045
Chunk: 37

Company: BOK FINANCIAL CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 37
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.79  
  Return on average tangible common equity 1                                                                                                                                                            11.94              10.63              16.27  

1 See Explanation and Reconciliation of Non-GAAP Measures following.

Off-Balance Sheet Arrangements

See Note 4 to the Consolidated Financial Statements for a discussion of the Company's significant off-balance sheet commitments.

- 34 -

Explanation and Reconciliation of Non-GAAP Measures

Table 23 provides a reconciliation of the non-GAAP measures with financial measures defined by GAAP.

Table 23 - Non-GAAP Measures

(Dollars in thousands)

                                                                                                                                                 Sep. 30, 2024                      June 30, 2024                  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Reconciliation of tangible common equity ratio and adjusted tangible common equity ratio:                                                                                                                        
  Total shareholders' equity                                                                      5,890,888       5,771,813       5,548,353      $                   5,612,443      $                   5,229,130  
  Less: Goodwill and intangible assets, net                                                       1,084,749       1,088,813       1,091,537                          1,095,954                          1,098,777  
  Tangible common equity                                                                          4,806,139       4,683,000       4,456,816                          4,516,489                          4,130,353  
  Add: Unrealized loss on investment securities, net                                              (146,939)       (165,676)       (199,519)                          (132,192)                          (204,636)  
  Add: Tax effect on unrealized loss on investment securities, net                                   34,722          39,149          46,925                             31,090                             48,128  
  Adjusted tangible common equity                                                                 4,693,922       4,556,473       4,304,222      $                   4,415,387      $                   3,973,845  
  Total assets                                                                                   50,998,077      50,472,189      49,685,892      $                  50,081,985      $                  50,403,457  
  Less: Goodwill and intangible assets, net                                                       1,084,