BOKF (BOK Financial) Scaled Net Operating Assets: 0.17 (As of Mar. 2026)


BOKF BOK Financial Corp BOKF
74 GF Score
Price $139.18
GF Value $118.88
Valuation Modestly Overvalued
! 7 Warning Signs
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What is BOK Financial Scaled Net Operating Assets?

BOK Financial BOKF +0.52% 74 Scaled Net Operating Assets is 0.17 as of Mar. 2026. GuruFocus rates BOKF with a GF Score™ of 74/100 and a GF Value™ of $118.88 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BOK Financial's operating assets for the quarter that ended in Mar. 2026 was $50,508 Mil. BOK Financial's operating liabilities for the quarter that ended in Mar. 2026 was $41,669 Mil. BOK Financial's Total Assets for the quarter that ended in Dec. 2025 was $52,238 Mil. Therefore, BOK Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.17.

BOKF
74GF Score
BOK Financial Corp BOKF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BOK Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BOK Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(50579.399-43208.508)/49685.892
=0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=52237.501 - 1658.102
=50579.399

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46316.821 - 3108.313 - 0
=43208.508

BOK Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(50508.433-41668.695)/52237.501
=0.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53760.405 - 3251.972
=50508.433

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47785.339 - 6116.644 - 0
=41668.695

* 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.

What does a Scaled Net Operating Assets of 0.17 mean?
BOK Financial (BOKF) has a Scaled Net Operating Assets of 0.17 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BOK Financial and its competitors.
Is BOK Financial's Scaled Net Operating Assets too high?
BOK Financial's current Scaled Net Operating Assets is 0.17. Overall, BOK Financial has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOK Financial's Scaled Net Operating Assets compare to VLY and CBSH?
BOK Financial's Scaled Net Operating Assets of 0.17 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BOK Financial and its competitors. BOK Financial's current Scaled Net Operating Assets is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOK Financial stock overvalued right now?
Based on GuruFocus' analysis, BOK Financial (BOKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $118.88, compared to a current price of $139.18 — trading 17.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.17. BOK Financial's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For BOK Financial (BOKF), the current Scaled Net Operating Assets is 0.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BOK Financial (BOKF) Overvalued in 2026?

Based on GuruFocus' analysis, BOK Financial stock appears to be overvalued. The current stock price of $139.18 is trading 17.1% above its estimated GF Value™ of $118.88. GuruFocus considers BOK Financial to be Modestly Overvalued.

Key valuation signals for BOKF:

  • Scaled Net Operating Assets: 0.17
  • GF Value™: $118.88 vs. price of $139.18 (17.1% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the BOKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BOK Financial Business Description

Address Boston Avenue at Second Street, Bank of Oklahoma Tower, Tulsa, OK, USA, 74172
BOK Financial Corp is a financial institution based in Oklahoma that offers a broad range of nationally competitive financial products and services. The company operates through three main segments: Commercial Banking, Consumer Banking, and Wealth Management. Commercial Banking provides lending, treasury and cash management, and risk management services, and includes the TransFund EFT network. Consumer Banking focuses on retail lending, deposit services, and mortgage loan origination and servicing. Wealth Management engages mainly in brokerage and trading activities, particularly in U.S. government agency mortgage-backed securities and related derivatives. The company generates the majority of its revenue from the Commercial Banking segment.
74GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$139.18
Price
$118.88
GF Value