Earnings Per Share
The following table presents the computation of basic and diluted earnings per share (dollars in thousands, except per share data):
Year Ended
202520242023
Numerator:  
Net income attributable to BOK Financial Corp. shareholders$577,990 $523,569 $530,746 
Less: Earnings allocated to participating securities4,009 4,991 4,253 
Income available to common shareholders - basic and diluted$573,981 $518,578 $526,493 
Denominator:
Weighted average shares outstanding - basic and diluted62,622,386 63,745,088 65,651,569 
Basic and diluted earnings per share$9.17 $8.14 $8.02 

Historical Timeline

Fiscal YearFiled
2025Feb 18, 2026Showing above
2024Feb 19, 2025
2023Feb 21, 2024
2022Mar 1, 2023
2021Feb 23, 2022

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.