BOK Financial BOKF ROTCE + P/TBV + Management Earnings Call Commentary.

 

Martin Grunst, CFO, on Q1 2026 earnings call discussing margin expansion: "The one that'll be durable, has been durable, and will continue to be durable is the fixed-rate asset repricing. You'll see both bond portfolio and fixed-rate loan portfolio continue to pick up spread there."

 

"take our 2.90% margin that we printed this quarter and take both the available for sale and held to maturity securities portfolios and rerun that this quarter with those at their mature rates where we're replacing at about 4.50%. That recasts our margin at just a little over 3.15%."

 

On Basel III: "we don't at this juncture have a number yet, but it's definitely going to be a benefit to us both on the loan book and particularly in the real estate secured loan book, those LTV parameters. Because of where our LTVs and FICO and so forth are, that's going to be a benefit to us on RWAs and the loan book. Actually, in the trading book, we'll get a little benefit there too based on our read at this point."