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BOK Financial (BOK Financial) Net Charge Offs to Average Loans % : 0.07% (As of Dec. 2023)


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What is BOK Financial Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

BOK Financial's Net Charge Offs to Average Loans % for the quarter that ended in Dec. 2023 was 0.07% , which is lower than 0.11% for the pervious quarter ended in Sep. 2023.

BOK Financial's Net Charge Offs to Average Loans % for the annual that ended in Dec. 2023 was 0.08% , which is lower than 0.10% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for BOK Financial's Net Charge Offs to Average Loans % or its related term are showing as below:

BOKF's Net Charge Offs to Average Loans % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

BOK Financial Net Charge Offs to Average Loans % Historical Data

The historical data trend for BOK Financial's Net Charge Offs to Average Loans % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BOK Financial Net Charge Offs to Average Loans % Chart

BOK Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Charge Offs to Average Loans %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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BOK FinancialQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Charge Offs to Average Loans %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Competitive Comparison of BOK Financial's Net Charge Offs to Average Loans %

For the Banks - Regional subindustry, BOK Financial's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BOK Financial  (NAS:BOKF) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %=Net Charge-offs / Average Total Loans

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BOK Financial  (NAS:BOKF) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.


BOK Financial Net Charge Offs to Average Loans % Related Terms

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BOK Financial (BOK Financial) Business Description

Industry
Traded in Other Exchanges
Address
Boston Avenue at Second Street, P.O. Box 2300, Bank of Oklahoma Tower, Tulsa, OK, USA, 74172
BOK Financial Corp is the largest financial institution in Oklahoma and it provides a comprehensive range of nationally competitive financial products and services. Its operating segments consist of commercial banking, consumer banking, wealth management, and Funds Management and Other. The company has various products and services including cash management services, loans and deposits, fiduciary and insurance services, mortgage banking and brokerage and trading services. It generates maximum revenue from the commercial banking segment. Its commercial banking segment includes lending, treasury and cash management services, and customer risk management products to small businesses, middle market, and larger commercial customers.
Executives
Douglas D. Hawthorne director 4425 POTOMAC AVE., DALLAS TX 75205
Steven Bangert director 1600 BROADWAY, #1500, DENVER CO 80202
Brad A Vincent officer: EVP - Corporate Banking C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Martin E Grunst officer: EVP, Chief Risk Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Joullian Edward C Iv director C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Mindy M. Mahaney officer: EVP, Chief Risk Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Pedro Claudia San director 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Ball C Fred Jr director, officer: Chairman/CEO - Bank of Texas C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Marc Maun officer: President-Bank of Kansas City C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST 4TH STREET, TULSA OK 74103
Steven E Nell officer: Exec. VP and CFO C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Norman P Bagwell officer: CEO - Bank of Texas C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Steven G Bradshaw officer: Sr Exec VP-Bank of Oklahoma C/O FREDERIC DORWART, LAWYERS PLLC, 124 E FOURTH STREET, TULSA OK 74103
Jeffrey A. Reid officer: EVP, Chief HR Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
Michael J. Rogers officer: EVP, Chief Accounting Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103
James A Dietz officer: EVP, Chief Credit Officer C/O FREDERIC DORWART, LAWYERS PLLC, 124 EAST FOURTH STREET, TULSA OK 74103

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