BOKF BOK Financial Corporation - Common Stock
About BOK Financial Corporation - Common Stock Company overview from Wikipedia
BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., and the largest in Oklahoma.
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BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., and the largest in Oklahoma.
The company's banking subsidiary, BOKF, NA, operates under the brands Bank of Oklahoma, Bank of Texas, and Bank of Albuquerque, and it operates as BOK Financial in Arizona, Arkansas, Colorado, Kansas, and Missouri. It also operates ATM and debit card processor TransFund, Cavanal Hill Investment Management, BOK Financial Securities, BOK Financial Advisors, BOK Financial Insurance, and BOK Financial Asset Management.
The company is more than 50% owned by George Kaiser, who acquired the bank in 1991 from the FDIC. Known for its energy roots, as of June 30, 2021, 14% of its loan portfolio was to borrowers in the petroleum industry.
History
BOK Financial was formed in 1910 primarily as a source of capital for the energy industry and broadened its geographic and market reach to become one of the largest and most multifaceted regional financial institutions in the country.
The company traces its roots to the Exchange National Bank of Tulsa, which was formed in 1910. In 1917, Exchange National Bank began construction of a headquarters building in Tulsa at Third Street and Boston Avenue. In 1928, the bank constructed a 28-story tower adjacent to the initial building. The combined structure, since renamed the 320 South Boston Building, remained the tallest building in Tulsa until 1967. The bank has continuously operated a branch in the building since then.
The bank was rebranded as National Bank of Tulsa in 1933 and in 1975 to Bank of Oklahoma to reflect its statewide approach. Also in 1975, the bank installed the first automated teller machine in Oklahoma. The following year, the company began moving employees into the new BOK Tower and in 1979, the bank reached $1 billion in assets.
Five years later, in 1984, the company purchased Fidelity of Oklahoma and reached $3 billion in assets. Shortly after, the Bank was in danger of failing as the Oklahoma energy market went into depression.
In 1986, the Federal Deposit Insurance Corp bailed the Bank of Oklahoma out for a total cost of $130 million in a move hailed as an innovative response. It was only the eighth time in the past 50 years that the FDIC has acted to keep a troubled bank afloat rather than allow it to fail. Bank of Oklahoma and Bank of Oklahoma, Tulsa were merged, and the FDIC received preferred shares convertible into a 99.99 percent ownership stake in the merged institution. On June 7, 1991, with the company's assets totaling just under $2 billion, it was acquired by George Kaiser, who had served on the bank's board of directors, for $60.7 million in a sale facilitated by the FDIC.
Under Kaiser's ownership, the institution became BOK Financial and developed a strategy to locate in growing markets near Oklahoma.
In 2005, the company acquired the naming rights for the BOK Center for $11 million.
On June 25, 2025 BOK Financial was named the official bank partner of Colorado Athletics.
Footprint and family of brands
Beginning in 1994, the company steadily expanded its footprint beyond Oklahoma, with moves into:
Arkansas in 1994 through the acquisition of a bank holding company with operations in northwest Arkansas.
Texas through the acquisition of two banks that were merged and renamed Bank of Texas in 1997.
New Mexico in 1998 with the acquisition of 17 branches from BankAmericaCorp that were renamed Bank of Albuquerque.
Colorado in 2003 with the formation of Colorado State Bank and the acquisition in October 2018 of Colorado-based CoBiz Financial, previously Colorado Business Bank. The Colorado and Arizona operations were rebranded as "BOK Financial" in 2018.
Arizona in 2005 with the formation of Bank of Arizona.
Missouri in 2016 through the acquisition of MBT Bancshares, the parent company of Missouri Bank and Trust of Kansas City.
In October, 2019 the company rebranded its operations in Arkansas, Kansas, and Missouri as BOK Financial.
Specialty lines of business
In addition to its legacy energy financing expertise, BOK Financial specializes in healthcare-related finance, offering financial and banking services to owners and operators of senior housing and care facilities, hospitals, and health systems, as well as to physicians and specialized practices.
BOK Financial works with tribal nations and governments to facilitate financial solutions for healthcare, education, and tribal infrastructure purposes. With more than 45 tribal relationships across the U.S., the company has helped raise more than $3 billion for tribal projects in recent years. BOK Financial currently manages more than $4 billion in assets for tribal governments and business.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
BOKF Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
BOKF Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 13, 2026 | $0.6300 |
| Feb. 19, 2026 | $0.6300 |
| Nov. 12, 2025 | $0.6300 |
| Aug. 13, 2025 | $0.5700 |
| May 15, 2025 | $0.5700 |
| Feb. 12, 2025 | $0.5700 |
| Nov. 15, 2024 | $0.5700 |
| Aug. 15, 2024 | $0.5500 |
| May 14, 2024 | $0.5500 |
| Feb. 13, 2024 | $0.5500 |
| Nov. 14, 2023 | $0.5500 |
| Aug. 14, 2023 | $0.5400 |
| May 12, 2023 | $0.5400 |
| Feb. 13, 2023 | $0.5400 |
| Nov. 14, 2022 | $0.5400 |
| Aug. 15, 2022 | $0.5300 |
| May 10, 2022 | $0.5300 |
| May 9, 2022 | $0.5300 |
| Feb. 14, 2022 | $0.5300 |
| Nov. 12, 2021 | $0.5300 |
BOKF Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 3 18.8%
- Buy 3 18.8%
- Hold 10 62.5%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
8 analysts · 2026-08-18Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $2.92 | $2.62 | 0.30% |
| March 31, 2026 | $2.58 | $2.38 | 0.20% |
| Dec. 31, 2025 | $2.89 | $2.41 | 0.48% |
| Sept. 30, 2025 | $2.22 | $2.22 | 0.00% |
| June 30, 2025 | $2.19 | $2.04 | 0.15% |
| March 31, 2025 | $1.86 | $2.03 | -0.17% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BOKF | $7.18B | 12.9 | 6.1% | 26.6% | 10.1% | — |
| CFR | — | 12.8 | 8.3% | 29.0% | 14.8% | — |
| ONB | $8.69B | 12.5 | — | 26.5% | 8.1% | — |
| ZION | $8.64B | 9.7 | 3.6% | 135.8% | 13.1% | — |
| COLB | $8.26B | 12.2 | 18.8% | 310.7% | 8.5% | — |
| PB | $6.43B | 12.1 | 4.8% | 43.4% | 7.1% | — |
| WAL | — | 9.6 | 99.7% | 713.6% | 13.5% | — |
| CBSH | $7.20B | 13.0 | 6.5% | 32.1% | 16.0% | — |
| VLY | — | 11.6 | 9.3% | 29.5% | 7.8% | — |
| CBC | — | 13.8 | 13.8% | 38.3% | 11.3% | — |
| TFC | $62.13B | 12.9 | 53.0% | 26.1% | 8.2% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | · | · | $1.07B | $181M | $62M | $161M | $419M | $244M | $131M | $82M | $63M | $67M | |
| Interest Income | $2.53B | $2.64B | $2.34B | $1.39B | $1.18B | $1.27B | $1.53B | $1.23B | $973M | $829M | $767M | $732M | |
| Pretax Income | $741M | $667M | $683M | $660M | $796M | $564M | $631M | $565M | $518M | $339M | $432M | $440M | |
| Income Tax | $163M | $143M | $152M | $140M | $180M | $129M | $130M | $119M | $183M | $106M | $139M | $144M | |
| Net Income | $578M | $524M | $531M | $520M | $618M | $435M | $501M | $446M | $335M | $233M | $289M | $292M | |
| EPS (Basic) | $9.17 | $8.14 | $8.02 | $7.68 | $8.95 | $6.19 | $7.03 | $6.63 | $5.11 | $3.53 | $4.22 | $4.23 | |
| EPS (Diluted) | $9.17 | $8.14 | $8.02 | $7.68 | $8.95 | $6.19 | $7.03 | $6.63 | $5.11 | $3.53 | $4.21 | $4.22 | |
| Shares (Basic) | 62,622,386 | 63,745,088 | 65,651,569 | 67,212,728 | 68,591,920 | 69,840,977 | 70,787,700 | 66,628,640 | 64,745,364 | 65,085,627 | 67,594,689 | 68,394,194 | |
| Shares (Diluted) | 62,622,386 | 63,745,088 | 65,651,569 | 67,212,735 | 68,594,322 | 69,844,172 | 70,802,612 | 66,662,273 | 64,806,284 | 65,143,898 | 67,691,658 | 68,544,770 | |
| EBITDA | $110M | $105M | $110M | $108M | $102M | $99M | $95M | $61M | $54M | $47M | $66M | $56M |
Balance Sheet 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | · | · | $2.84B | $1.18B | $1.26B | $1.14B | $2.32B | $2.54B | $2.64B | $2.48B | |
| PP&E (Net) | $639M | $634M | $622M | $565M | $574M | $551M | $536M | $330M | $317M | $326M | $306M | $274M | |
| PP&E (Gross) | $1.19B | $1.17B | $1.09B | $975M | $924M | $843M | $779M | $645M | $756M | $733M | $675M | $618M | |
| Accum. Depreciation | $547M | $537M | $472M | $409M | $350M | $292M | $244M | $315M | $438M | $407M | $368M | $344M | |
| Goodwill | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.05B | $1.05B | $1.05B | $447M | $449M | $385M | $378M | |
| Intangibles | $35M | $47M | $60M | $76M | $92M | $113M | $125M | $135M | $29M | $47M | $44M | $34M | |
| Total Assets | $52.24B | $49.69B | $49.82B | $47.79B | $50.25B | $46.67B | $42.17B | $38.02B | $32.27B | $32.77B | $31.48B | $29.09B | |
| Total Liabilities | $46.32B | $44.13B | $44.68B | $43.10B | $44.88B | $41.38B | $37.31B | $33.58B | $28.75B | $29.47B | $28.21B | $25.75B | |
| Long-term Debt | $4.63B | $4.45B | $8.96B | $7.14B | $2.49B | $3.82B | $8.62B | $7.42B | $5.85B | $5.72B | $6.28B | $3.73B | |
| Common Stock | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $4.0K | $4.0K | $4.0K | $4.0K | |
| Retained Earnings | $6.02B | $5.59B | $5.21B | $4.82B | $4.45B | $3.97B | $3.73B | $3.37B | $3.05B | $2.82B | $2.70B | $2.53B | |
| Treasury Stock | $1.37B | $970M | $877M | $695M | $535M | $411M | $330M | $199M | $553M | $544M | $477M | $240M | |
| AOCI | $-166M | $-503M | $-599M | $-837M | $72M | $336M | $105M | $-73M | $-36M | $-11M | $22M | $57M | |
| Stockholders' Equity | $5.92B | $5.55B | $5.14B | $4.68B | $5.36B | $5.27B | $4.86B | $4.43B | $3.50B | $3.27B | $3.23B | $3.30B | |
| Liabilities + Equity | $52.24B | $49.69B | $49.82B | $47.79B | $50.25B | $46.67B | $42.17B | $38.02B | $32.27B | $32.77B | $31.48B | $29.09B | |
| Shares Outstanding | 60,620,507 | 64,121,299 | 76,593,292 | 76,423,345 | 76,254,029 | 75,995,205 | 75,758,597 | 75,711,492 | 75,147,686 | 74,993,407 | 74,530,364 | 74,003,754 |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $110M | $105M | $110M | $108M | $102M | $99M | $95M | $61M | $54M | $47M | $38M | $37M | |
| Stock-based Comp | $23M | $23M | $16M | $12M | $10M | $16M | $16M | $4M | $24M | $10M | $12M | $10M | |
| Deferred Tax | $5M | $8M | $-20M | $-5M | $38M | $-75M | $4M | $60.0K | $26M | $-12M | $9M | $39M | |
| Amort. of Intangibles | $11M | $12M | $14M | $16M | $18M | $20M | $21M | $10M | $7M | $7M | $4M | $4M | |
| Other Non-cash | $23M | $770M | $-571M | $4.49B | $-4.46B | $-892M | $-1.09B | $-1.06B | $-224M | $-372M | $-81M | $-434M | |
| Operating Cash Flow | $740M | $1.43B | $66M | $5.12B | $-3.69B | $-416M | $-474M | $-552M | $215M | $-92M | $296M | $-37M | |
| CapEx | $164M | $172M | $166M | $215M | $204M | $141M | $385M | $345M | $251M | $200M | $265M | $307M | |
| Investing Cash Flow | $-1.52B | $-477M | $-1.79B | $-4.60B | $2.60B | $-2.46B | $-2.32B | $-1.81B | $740M | $-286M | $-2.00B | $-434M | |
| Stock Issued | · | $-4M | $-5M | $-5M | $-5M | $-5M | $-7.0K | $-88.0K | $4M | $12M | $7M | $4M | |
| Stock Repurchased | $413M | $90M | $177M | $155M | $118M | $76M | $129M | $53M | $7M | $67M | $230M | $12M | |
| Net Stock Activity | $-413M | $-94M | $-182M | $-160M | $-123M | $-81M | $-129M | $-54M | $-3M | $-54M | $-223M | $-8M | |
| Dividends Paid | $148M | $143M | $143M | $144M | $144M | $144M | $143M | $127M | $116M | $113M | $115M | $111M | |
| Financing Cash Flow | $1.01B | $-867M | $1.67B | $-1.95B | $2.75B | $2.80B | $2.91B | $1.19B | $-1.17B | $272M | $1.87B | $1.86B | |
| Net Change in Cash | $223M | $86M | $-53M | $-1.44B | $1.66B | $-78M | $115M | $-1.17B | $-220M | $-106M | $168M | $1.39B | |
| Taxes Paid | · | $101M | $174M | $80M | $135M | $136M | $87M | $92M | $122M | $80M | $102M | $67M | |
| Free Cash Flow | $575M | $1.26B | $-100M | $4.91B | $-3.90B | $-557M | $-858M | $-897M | $-36M | $-293M | $30M | $-344M | |
| Levered FCF | · | · | $-932M | $4.76B | $-3.94B | $-681M | $-1.19B | $-1.09B | $-121M | $-349M | $-13M | $-390M |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 26.6% | 25.5% | 25.7% | 28.1% | 33.0% | 22.3% | 27.7% | 27.8% | 21.8% | 16.4% | 21.1% | 22.9% | |
| Pretax Margin | 34.0% | 32.5% | 33.1% | 35.6% | 42.5% | 28.9% | 34.9% | 35.3% | 33.7% | 23.8% | 31.5% | 33.7% | |
| EBITDA Margin | 5.1% | 5.1% | 5.3% | 5.8% | 5.5% | 5.1% | 5.3% | 3.8% | 3.5% | 3.3% | 4.8% | 4.4% | |
| ROA | 1.1% | 1.1% | 1.1% | 1.1% | 1.3% | 0.98% | 1.2% | 1.3% | 1.0% | 0.71% | 0.93% | 1.0% | |
| ROE | 10.1% | 9.8% | 10.8% | 10.4% | 11.6% | 8.6% | 10.8% | 11.2% | 9.6% | 7.0% | 8.7% | 8.9% |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 6.1% | -0.57% | 11.2% | -1.0% | -3.9% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 5.5% | 3.0% | 1.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 2.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 12.7% | 1.5% | 4.4% | -14.2% | 44.6% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 6.1% | -3.1% | 9.0% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 8.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 10.4% | -1.4% | 2.0% | -15.8% | 42.1% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 3.6% | -5.4% | 6.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 5.9% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 0.42% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.18B | $2.05B | $2.06B | $1.85B | $1.87B | $1.95B | $1.81B | $1.60B | $1.54B | $1.42B | $1.36B | $1.29B | |
| Net Income TTM | $578M | $524M | $531M | $520M | $618M | $435M | $501M | $446M | $335M | $233M | $289M | $292M | |
| Market Cap | $7.18B | $8.18B | $6.56B | $7.93B | $8.04B | $5.20B | $6.62B | $5.55B | $6.94B | $6.23B | $4.46B | $4.44B | |
| P/E | 12.9 | 13.1 | 10.7 | 13.5 | 11.8 | 11.1 | 12.4 | 11.1 | 18.1 | 23.5 | 14.2 | 14.2 | |
| P/S | 3.3 | 4.0 | 3.2 | 4.3 | 4.3 | 2.7 | 3.7 | 3.5 | 4.5 | 4.4 | 3.3 | 3.5 | |
| P/B | 1.2 | 1.5 | 1.3 | 1.7 | 1.5 | 1.0 | 1.4 | 1.3 | 2.0 | 1.9 | 1.4 | 1.3 | |
| P / Tangible Book | 1.5 | 1.8 | 1.6 | 2.2 | 1.9 | 1.3 | · | · | · | · | · | · | |
| P / Cash Flow | 9.7 | 5.7 | 99.1 | 1.5 | -2.2 | -12.5 | -14.0 | -10.1 | 32.3 | -66.6 | 15.1 | -121.3 | |
| P / FCF | 12.5 | 6.5 | -65.8 | 1.6 | -2.1 | -9.3 | -7.7 | -6.2 | -193.5 | -21.2 | 150.5 | -12.9 | |
| Dividend Yield | 2.1% | 1.8% | 2.2% | 1.8% | 1.8% | 2.8% | 2.2% | 2.3% | 1.7% | 1.8% | 2.6% | 2.5% | |
| Earnings Yield | 7.7% | 7.6% | 9.4% | 7.4% | 8.5% | 9.0% | 8.0% | 9.0% | 5.5% | 4.2% | 7.0% | 7.0% | |
| Payout Ratio | 25.5% | 27.3% | 27.0% | 27.6% | 23.3% | 33.2% | 28.7% | 28.5% | 34.7% | 48.8% | 40.0% | 38.0% | |
| Annual Payout | $148M | $143M | $143M | $144M | $144M | $144M | $143M | $127M | $116M | $113M | $115M | $111M |
Income Statement 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | · | · | · | · | · | · | · | · | $376M | $352M | · | $316M | $248M | $164M | · | $47M | |
| Interest Income | $639M | $616M | $626M | $644M | $642M | $619M | $639M | $680M | $672M | $645M | $638M | $617M | $570M | $517M | $452M | $363M | |
| Pretax Income | $228M | $200M | $229M | $177M | $181M | $155M | $175M | $173M | $211M | $107M | $111M | $168M | $196M | $208M | $216M | $196M | |
| Income Tax | $51M | $44M | $51M | $36M | $41M | $35M | $39M | $33M | $47M | $23M | $29M | $33M | $44M | $46M | $48M | $40M | |
| Net Income | $177M | $156M | $177M | $141M | $140M | $120M | $136M | $140M | $164M | $84M | $83M | $134M | $151M | $162M | $168M | $157M | |
| EPS (Basic) | $2.92 | $2.58 | $2.90 | $2.22 | $2.19 | $1.86 | $2.13 | $2.18 | $2.54 | $1.29 | $1.28 | $2.04 | $2.27 | $2.43 | $2.49 | $2.32 | |
| EPS (Diluted) | $2.92 | $2.58 | $2.90 | $2.22 | $2.19 | $1.86 | $2.13 | $2.18 | $2.54 | $1.29 | $1.28 | $2.04 | $2.27 | $2.43 | $2.49 | $2.32 | |
| Shares (Basic) | 60,080,833 | 60,033,282 | -126,973,421 | 62,840,270 | 63,208,027 | 63,547,510 | -127,748,802 | 63,489,581 | 63,714,204 | 64,290,105 | -132,222,645 | 65,548,307 | 65,994,132 | 66,331,775 | -135,056,619 | 67,003,199 | |
| Shares (Diluted) | 60,080,833 | 60,033,282 | -126,973,421 | 62,840,270 | 63,208,027 | 63,547,510 | -127,748,802 | 63,489,581 | 63,714,204 | 64,290,105 | -132,222,645 | 65,548,307 | 65,994,132 | 66,331,775 | -135,060,911 | 67,004,623 | |
| EBITDA | · | $27M | · | · | · | $27M | · | · | · | $26M | · | · | · | $27M | · | · |
Balance Sheet 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | $652M | $631M | $639M | $636M | $637M | $636M | $634M | $633M | $632M | $628M | · | $616M | $618M | $623M | · | $569M | |
| PP&E (Gross) | · | · | $1.19B | · | · | · | $1.17B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $547M | · | · | · | $537M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | |
| Intangibles | $30M | $32M | $35M | $37M | $40M | $44M | $47M | $51M | $54M | $57M | · | $66M | $69M | $73M | · | $80M | |
| Total Assets | $53.18B | $53.76B | $52.24B | $50.19B | $51.00B | $50.47B | $49.69B | $50.08B | $50.40B | $50.16B | · | $48.93B | $49.24B | $45.52B | · | $43.65B | |
| Total Liabilities | $47.09B | $47.79B | $46.32B | $44.17B | $45.10B | $44.70B | $44.13B | $44.47B | $45.17B | $45.03B | · | $44.11B | $44.37B | $40.65B | · | $39.13B | |
| Long-term Debt | · | · | $4.63B | · | · | · | $4.45B | · | · | · | $8.96B | · | · | · | $7.14B | · | |
| Common Stock | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | · | $5.0K | $5.0K | $5.0K | · | $5.0K | |
| Retained Earnings | $6.28B | $6.14B | $6.02B | $5.88B | $5.78B | $5.68B | $5.59B | $5.49B | $5.39B | $5.26B | · | $5.16B | $5.07B | $4.95B | · | $4.69B | |
| Treasury Stock | $1.39B | $1.38B | $1.37B | $1.08B | $1.04B | $977M | $970M | $970M | $970M | $932M | · | $826M | $767M | $744M | · | $663M | |
| AOCI | $-250M | $-225M | $-166M | $-227M | $-289M | $-362M | $-503M | $-335M | $-606M | $-610M | · | $-929M | $-837M | $-729M | $-837M | $-905M | |
| Stockholders' Equity | $6.08B | $5.97B | $5.92B | $6.02B | $5.89B | $5.77B | $5.55B | $5.61B | $5.23B | $5.13B | · | $4.81B | $4.86B | $4.87B | · | $4.51B | |
| Liabilities + Equity | $53.18B | $53.76B | $52.24B | $50.19B | $51.00B | $50.47B | $49.69B | $50.08B | $50.40B | $50.16B | · | $48.93B | $49.24B | $45.52B | · | $43.65B | |
| Shares Outstanding | 60,766,867 | 60,759,992 | 60,620,507 | 77,038,149 | 77,035,067 | 77,014,720 | 64,121,299 | 76,814,108 | 76,822,776 | 76,793,000 | · | 76,588,230 | 76,592,098 | 76,555,507 | · | 76,404,688 |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $29M | $27M | $28M | $28M | $27M | $27M | $27M | $26M | $26M | $26M | $29M | $24M | $30M | $27M | $27M | $27M | |
| Stock-based Comp | $5M | $6M | $5M | $6M | $6M | $6M | $5M | $8M | $6M | $5M | $2M | $3M | $4M | $7M | $5M | $4M | |
| Amort. of Intangibles | $2M | $2M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $4M | $3M | $3M | $3M | $4M | $4M | |
| Other Non-cash | · | $-437M | · | · | · | $-133M | · | · | · | $65M | · | · | · | $2.27B | · | · | |
| Operating Cash Flow | $1.12B | $-249M | $-238M | $868M | $89M | $20M | $541M | $247M | $464M | $179M | $-462M | $1.09B | $-3.02B | $2.46B | $-2.22B | $909M | |
| CapEx | $47M | $36M | $58M | $29M | $29M | $48M | $47M | $37M | $46M | $41M | $37M | $31M | $39M | $59M | $64M | $32M | |
| Investing Cash Flow | $-867M | $-651M | $-739M | $-531M | $-687M | $435M | $-139M | $781M | $-522M | $-597M | $-185M | $-637M | $-656M | $-313M | $-2.28B | $-951M | |
| Stock Issued | · | · | · | · | $-754.0K | $-5M | · | $-70.0K | $-438.0K | $-3M | · | $0 | $-194.0K | $-5M | $0 | $0 | |
| Stock Repurchased | $8M | $0 | $308M | $41M | $63M | $994.0K | $77.0K | $0 | $38M | $52M | $50M | $60M | $23M | $44M | $32M | $50M | |
| Net Stock Activity | · | $0 | · | · | · | $-6M | · | · | · | $-55M | · | · | · | $-49M | · | · | |
| Dividends Paid | $38M | $38M | $38M | $36M | $37M | $36M | $37M | $35M | $35M | $36M | $36M | $36M | $36M | $36M | $36M | $35M | |
| Financing Cash Flow | $-147M | $654M | $1.21B | $-270M | $540M | $-473M | $-444M | $-628M | $-21M | $225M | $620M | $-523M | $3.76B | $-2.19B | $4.29B | $-386M | |
| Net Change in Cash | $109M | $-246M | $232M | $67M | $-58M | $-18M | $-41M | $400M | $-80M | $-193M | $-27M | $-72M | $83M | $-38M | $-207M | $-428M | |
| Taxes Paid | · | · | · | $22M | $49M | $1M | · | $29M | $38M | $1M | · | $32M | $123M | $733.0K | $12M | $285.0K | |
| Free Cash Flow | · | $-284M | · | · | · | $-28M | · | · | · | $138M | · | · | · | $2.41B | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-137M | · | · | · | $2.28B | · | · |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 29.9% | 28.1% | · | 25.7% | 26.2% | 23.8% | · | 27.1% | 29.5% | 18.4% | · | 27.0% | 28.5% | 30.6% | · | 30.9% | |
| Pretax Margin | 38.6% | 36.0% | · | 32.2% | 33.8% | 30.8% | · | 33.6% | 38.0% | 23.5% | · | 33.6% | 36.8% | 39.3% | · | 38.8% | |
| EBITDA Margin | · | 4.9% | · | · | · | 5.4% | · | · | · | 5.8% | · | · | · | 5.1% | · | · | |
| ROA | 0.34% | 0.30% | · | 0.28% | 0.28% | 0.24% | · | 0.28% | 0.33% | 0.17% | · | 0.29% | 0.32% | 0.35% | · | 0.35% | |
| ROE | 2.9% | 2.6% | · | 2.4% | 2.5% | 2.2% | · | 2.7% | 3.2% | 1.7% | · | 2.9% | 3.1% | 3.3% | · | 3.2% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.23B | $2.14B | · | $2.10B | $2.11B | $2.03B | · | $2.03B | $2.04B | $2.02B | · | $2.07B | $2.01B | $1.84B | · | $1.81B | |
| Net Income TTM | $613M | $556M | · | $541M | $564M | $507M | · | $522M | $533M | $532M | · | $605M | $603M | $514M | · | $540M | |
| Market Cap | $8.44B | $7.78B | · | $8.59B | $7.52B | $8.02B | · | $8.04B | $7.04B | $7.06B | · | $6.13B | $6.19B | $6.46B | · | $6.79B | |
| P/E | 14.0 | 14.5 | · | 13.2 | 11.1 | 13.2 | · | 13.0 | 11.3 | 11.5 | · | 8.8 | 9.0 | 11.1 | · | 11.2 | |
| P/S | 3.8 | 3.6 | · | 4.1 | 3.6 | 4.0 | · | 4.0 | 3.4 | 3.5 | · | 3.0 | 3.1 | 3.5 | · | 3.7 | |
| P/B | 1.4 | 1.3 | · | 1.4 | 1.3 | 1.4 | · | 1.4 | 1.3 | 1.4 | · | 1.3 | 1.3 | 1.3 | · | 1.5 | |
| P / Tangible Book | 1.7 | 1.6 | · | 1.7 | 1.6 | 1.7 | · | 1.8 | 1.7 | 1.8 | · | 1.7 | 1.6 | 1.7 | · | 2.0 | |
| P / Cash Flow | · | -31.3 | · | · | · | 395.9 | · | · | · | 39.4 | · | · | · | 2.6 | · | · | |
| P / FCF | · | -27.4 | · | · | · | -286.8 | · | · | · | 51.1 | · | · | · | 2.7 | · | · | |
| Earnings Yield | 7.1% | 6.9% | · | 7.6% | 9.0% | 7.6% | · | 7.7% | 8.9% | 8.7% | · | 11.3% | 11.1% | 9.0% | · | 8.9% | |
| Payout Ratio | · | 24.2% | · | · | · | 30.4% | · | · | · | 42.5% | · | · | · | 22.4% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Net Income | $578M | $524M | $531M | $520M | $618M |
| Diluted EPS | $9.17 | $8.14 | $8.02 | $7.68 | $8.95 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $575M | $1.26B | $-100M | $4.91B | $-3.90B |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 325 filers · $2.5B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 60 (-4 vs prior Q) | 29 (+10 vs prior Q) | 101 (+13 vs prior Q) | 74 (+11 vs prior Q) | +3.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| George Kaiser Family Foundation | $466,873,868 | 3,361,707 | 18.92% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $356,780,734 | 2,568,986 | 14.45% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $137,296,490 | 988,598 | 5.56% | Shares |
| CIBC WORLD MARKETS CORP | $130,993,897 | 1,105,807 | 5.31% | Shares |
| STATE STREET CORP | $130,550,255 | 940,022 | 5.29% | Shares |
| FMR LLC | $129,155,507 | 929,979 | 5.23% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $120,055,927 | 864,458 | 4.86% | Shares |
| ELEVATION POINT WEALTH PARTNERS, LLC | $106,941,210 | 770,026 | 4.33% | Shares |
| Vestmark Advisory Solutions, Inc. | $106,940,516 | 770,021 | 4.33% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $77,549,759 | 558,394 | 3.14% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $57,004,068 | 410,350 | 2.31% | Shares |
| CIBC WORLD MARKET INC. | $32,039,616 | 230,700 | 1.30% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $29,438,532 | 211,971 | 1.19% | Shares |
| GOLDMAN SACHS GROUP INC | $28,448,596 | 204,843 | 1.15% | Shares |
| BLAIR WILLIAM & CO/IL | $27,046,428 | 194,747 | 1.10% | Shares |
| MILLENNIUM MANAGEMENT LLC | $23,274,621 | 167,588 | 0.94% | Shares |
| TWO SIGMA INVESTMENTS, LP | $22,305,517 | 160,610 | 0.90% | Shares |
| NORGES BANK | $20,172,598 | 145,252 | 0.82% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $18,172,170 | 130,848 | 0.74% | Shares |
| BOKF, NA | $17,964,128 | 129,350 | 0.73% | Shares |
| TWO SIGMA ADVISERS, LP | $17,411,606 | 146,983 | 0.71% | Shares |
| AVENIR CORP | $17,223,481 | 124,017 | 0.70% | Shares |
| Quantinno Capital Management LP | $16,937,630 | 121,958 | 0.69% | Shares |
| Bank of New York Mellon Corp | $16,420,616 | 118,236 | 0.67% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $14,921,545 | 107,442 | 0.60% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $13,473,721 | 97,017 | 0.55% | Shares |
| BANK OF AMERICA CORP /DE/ | $13,134,298 | 94,573 | 0.53% | Shares |
| FIRST TRUST ADVISORS LP | $12,493,089 | 89,956 | 0.51% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $11,121,094 | 80,077 | 0.45% | Shares |
| Balyasny Asset Management L.P. | $11,028,322 | 79,409 | 0.45% | Shares |
| Edgestream Partners, L.P. | $10,465,580 | 75,357 | 0.42% | Shares |
| ARIEL INVESTMENTS, LLC | $9,146,220 | 65,857 | 0.37% | Shares |
| Squarepoint Ops LLC | $8,729,858 | 62,859 | 0.35% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $7,440,635 | 53,576 | 0.30% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $7,043,855 | 50,719 | 0.29% | Shares |
| Prescott Group Capital Management, L.L.C. | $6,943,028 | 49,993 | 0.28% | Shares |
| Arbejdsmarkedets Tillaegspension | $6,624,576 | 47,700 | 0.27% | Shares |
| BARCLAYS PLC | $6,440,144 | 46,372 | 0.26% | Shares |
| FIL Ltd | $6,249,600 | 45,000 | 0.25% | Shares |
| ROYCE & ASSOCIATES LP | $6,214,186 | 44,745 | 0.25% | Shares |
| Qube Research & Technologies Ltd | $6,085,305 | 43,817 | 0.25% | Shares |
| CITADEL ADVISORS LLC | $5,642,417 | 40,628 | 0.23% | Shares |
| Swiss National Bank | $5,509,925 | 39,674 | 0.22% | Shares |
| CAMBIAR INVESTORS LLC | $5,507,286 | 39,655 | 0.22% | Shares |
| BlackRock, Inc. | $5,416,181 | 38,999 | 0.22% | Shares |
| Pathstone Holdings, LLC | $5,368,476 | 38,656 | 0.22% | Shares |
| Schonfeld Strategic Advisors LLC | $5,198,555 | 37,432 | 0.21% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4,809,831 | 34,633 | 0.19% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $4,691,366 | 33,780 | 0.19% | Shares |
| NISA INVESTMENT ADVISORS, LLC | $4,423,189 | 31,849 | 0.18% | Shares |
| Brevan Howard Capital Management LP | $4,274,310 | 30,777 | 0.17% | Shares |
| D. E. Shaw & Co., Inc. | $4,210,842 | 30,320 | 0.17% | Shares |
| OCCUDO QUANTITATIVE STRATEGIES LP | $4,146,262 | 29,855 | 0.17% | Shares |
| Point72 Asset Management, L.P. | $3,990,717 | 28,735 | 0.16% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $3,962,817 | 30,945 | 0.16% | Shares |
| DARK FOREST CAPITAL MANAGEMENT LP | $3,755,315 | 27,040 | 0.15% | Shares |
| ISTHMUS PARTNERS, LLC | $3,677,820 | 26,482 | 0.15% | Shares |
| REINHART PARTNERS, LLC. | $3,599,444 | 25,917 | 0.15% | Shares |
| Rafferty Asset Management, LLC | $3,586,715 | 25,826 | 0.15% | Shares |
| RHUMBLINE ADVISERS | $3,097,133 | 22,301 | 0.13% | Shares |
| Campbell & CO Investment Adviser LLC | $2,943,562 | 21,195 | 0.12% | Shares |
| Summit Trail Advisors, LLC | $2,855,095 | 20,558 | 0.12% | Shares |
| Verition Fund Management LLC | $2,782,877 | 20,038 | 0.11% | Shares |
| AlphaQuest LLC | $2,779,190 | 23,461 | 0.11% | Shares |
| READYSTATE ASSET MANAGEMENT LP | $2,666,774 | 19,202 | 0.11% | Shares |
| MARTIN & CO INC /TN/ | $2,657,712 | 19,137 | 0.11% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $2,577,176 | 18,557 | 0.10% | Shares |
| Fieldview Capital Management, LLC | $2,491,229 | 17,938 | 0.10% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $2,424,289 | 17,456 | 0.10% | Shares |
| Polaris Capital Management, LLC | $2,411,512 | 17,364 | 0.10% | Shares |
| Allianz Asset Management GmbH | $2,273,065 | 17,750 | 0.09% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $2,204,425 | 17,214 | 0.09% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $2,200,970 | 15,848 | 0.09% | Shares |
| TUDOR INVESTMENT CORP ET AL | $2,194,998 | 15,805 | 0.09% | Shares |
| AMERICAN CENTURY COMPANIES INC | $1,980,187 | 14,258 | 0.08% | Shares |
| PALISADE CAPITAL MANAGEMENT, LP | $1,917,524 | 13,807 | 0.08% | Shares |
| AlphaCore Capital LLC | $1,815,300 | 13,071 | 0.07% | Shares |
| Probity Advisors, Inc. | $1,751,710 | 12,613 | 0.07% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $1,667,949 | 12,010 | 0.07% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $1,656,422 | 11,927 | 0.07% | Shares |
| ALLSTATE CORP | $1,638,506 | 11,798 | 0.07% | Shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | $1,524,902 | 10,980 | 0.06% | Shares |
| Galvin, Gaustad & Stein, LLC | $1,501,987 | 10,815 | 0.06% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $1,493,099 | 10,751 | 0.06% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $1,438,241 | 10,356 | 0.06% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $1,433,936 | 10,325 | 0.06% | Shares |
| LPL Financial LLC | $1,394,575 | 10,042 | 0.06% | Shares |
| Man Group plc | $1,294,223 | 9,319 | 0.05% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,243,206 | 9,708 | 0.05% | Shares |
| Police & Firemen's Retirement System of New Jersey | $1,236,032 | 8,900 | 0.05% | Shares |
| NORTHERN TRUST CORP | $1,229,782 | 8,855 | 0.05% | Shares |
| JANUS HENDERSON GROUP PLC | $1,212,063 | 9,460 | 0.05% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $1,188,203 | 8,556 | 0.05% | Shares |
| VANGUARD GROUP INC | $1,132,122 | 9,557 | 0.05% | Shares |
| Vanguard Global Advisers, LLC | $1,121,873 | 8,078 | 0.05% | Shares |
| MARSHALL WACE, LLP | $1,104,930 | 7,956 | 0.04% | Shares |
| Invesco Ltd. | $1,069,932 | 7,704 | 0.04% | Shares |
| Aster Capital Management (DIFC) Ltd | $1,049,377 | 7,556 | 0.04% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $1,035,212 | 7,454 | 0.04% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1,033,823 | 7,444 | 0.04% | Shares |
Company insiders 92 insiders · 2 officers · 13 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Stacy Kymes | President & CEO | July 23, 2026 G | 119,957 | 0 | 1 | $-1,256 |
| Scott Grauer | EVP, Wealth Management | July 29, 2026 G | 24,554 | 0 | 0 | $0 |
| Rose M Washington | Director | July 14, 2026 A | 1,916 | 0 | 0 | $0 |
| Waldo Robert | Director | July 14, 2026 A | 31,929 | 0 | 0 | $0 |
| Kayse M Do Shrum | Director | July 14, 2026 A | 650 | 0 | 0 | $0 |
| Michael C Turpen | Director | July 14, 2026 A | 3,713 | 0 | 0 | $0 |
| Emmet C Richards | Director | July 14, 2026 A | 6,002 | 0 | 0 | $0 |
| Claudia San Pedro | Director | July 14, 2026 A | 3,388 | 0 | 0 | $0 |
| John W Coffey | Director | July 14, 2026 A | 7,375 | 0 | 0 | $0 |
| Edward C Joullian IV | Director | July 14, 2026 A | 4,539 | 0 | 0 | $0 |
| David F Griffin | Director | July 14, 2026 A | 5,513 | 0 | 0 | $0 |
| Steven J Malcolm | Director | July 14, 2026 A | 5,817 | 0 | 0 | $0 |
| Alan S Armstrong | Director | July 14, 2026 A | 3,800 | 0 | 0 | $0 |
| Joseph W Craft III | Director | July 14, 2026 A | 4,834 | 0 | 0 | $0 |
| Steven Bangert | — | Aug. 11, 2026 S | 31,710 | 0 | 8 | $-1,434,396 |
| Brad A Vincent | — | Aug. 4, 2026 S | 6,031 | 0 | 1 | $-583,861 |
| Martin E Grunst | — | Feb. 18, 2026 A | 36,078 | 0 | 0 | $0 |
| Peggy Simmons | — | July 13, 2023 A | 600 | 0 | 0 | $0 |
| Kimberley D. Henry | — | July 13, 2023 A | 2,700 | 0 | 0 | $0 |
| Douglas D. Hawthorne | — | July 13, 2023 A | 5,832 | 0 | 0 | $0 |
| Chester Cadieux III | — | July 13, 2023 A | 4,600 | 0 | 0 | $0 |
| Stanley A Lybarger | — | July 13, 2023 A | 37,149 | 0 | 0 | $0 |
| Burns V Hargis | — | July 13, 2023 A | 3,275 | 0 | 0 | $0 |
| Steven E Nell | — | July 3, 2023 D | 44,232 | 0 | 0 | $0 |
| Fred C Ball JR | — | April 13, 2023 A | 2,175 | 0 | 0 | $0 |
| Jeffrey A. Reid | — | March 1, 2023 A | 4,355 | 0 | 0 | $0 |
| James A Dietz | — | March 1, 2023 A | 13,218 | 0 | 0 | $0 |
| Derek Martin | — | March 1, 2023 A | 13,838 | 0 | 0 | $0 |
| Kelley Weil | — | March 1, 2023 A | 13,719 | 0 | 0 | $0 |
| Rebecca D Keesling | — | March 1, 2023 A | 10,407 | 0 | 0 | $0 |
| Mark Wade | — | March 1, 2023 A | 10,651 | 0 | 0 | $0 |
| Marc Maun | — | March 1, 2023 A | 20,676 | 0 | 0 | $0 |
| Steven G Bradshaw | — | Jan. 16, 2023 A | 41,754 | 0 | 0 | $0 |
| Michael J. Rogers | — | Jan. 13, 2023 A | 1,221 | 0 | 0 | $0 |
| Norman P Bagwell | — | Jan. 10, 2023 F | 26,323 | 0 | 0 | $0 |
| John C Morrow | — | Oct. 3, 2022 D | 12,699 | 0 | 0 | $0 |
| Joseph A. Gottron II | — | Feb. 23, 2022 F | 22,369 | 0 | 0 | $0 |
| Jack E. Finley | — | Jan. 12, 2021 A | 900 | 0 | 0 | $0 |
| Peter C Boylan | — | Jan. 12, 2021 A | 5,170 | 0 | 0 | $0 |
| Gerard P Clancy | — | April 13, 2020 A | 756 | 0 | 0 | $0 |
| KAISER GEORGE B | — | Feb. 7, 2019 P | 3,000 | 0 | 0 | $0 |
| Stephen D. Grossi | — | Aug. 13, 2018 S | 19,691 | 0 | 0 | $0 |
| Patrick E. Piper | — | June 1, 2018 S | 25,066 | 0 | 0 | $0 |
| Robert J Lafortune | — | Jan. 12, 2018 A | 31,691 | 0 | 0 | $0 |
| John William Gibson | — | Oct. 13, 2017 A | 2,241 | 0 | 0 | $0 |
| Donald T Parker | — | May 15, 2017 S | 38,298 | 0 | 0 | $0 |
| Sharon Bell | — | Jan. 13, 2017 A | 34,595 | 0 | 0 | $0 |
| John Richels | — | April 15, 2016 A | 950 | 0 | 0 | $0 |
| GEORGE KAISER FAMILY FOUNDATION | — | Dec. 4, 2015 G | 6,769,536 | 0 | 0 | $0 |
| Dan H Ellinor | — | March 4, 2015 M | 44,198 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 76 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| DPST · Direxion Shares ETF Trust | 0.99% | 36,692 NS | April 30, 2026 | N-PORT |
| FXO · First Trust Exchange-Traded AlphaDE… | 0.62% | 49,779 NS | April 30, 2026 | N-PORT |
| IAT · iShares Trust | 0.48% | 22,703 SH | Aug. 8, 2026 | Daily |
| FFSM · FIDELITY COVINGTON TRUST | 0.46% | 44,667 NS | April 30, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.46% | 256,621 NS | April 30, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.34% | 350,985 NS | April 30, 2026 | N-PORT |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.29% | 4,740 NS | April 30, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.26% | 16,134 NS | April 30, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.23% | 2,895 NS | May 31, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.22% | 11,310 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.17% | 34,892 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.16% | 172,036 NS | April 30, 2026 | N-PORT |
| VFQY · VANGUARD WELLINGTON FUND | 0.16% | 5,329 SH | Aug. 8, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.14% | 14,176 NS | April 30, 2026 | N-PORT |
| PKW · Invesco Exchange-Traded Fund Trust | 0.10% | 12,659 SH | Aug. 8, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.09% | 5,006 NS | April 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.09% | 62,698 NS | May 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.09% | 914 NS | April 30, 2026 | N-PORT |
| BKMC · BNY Mellon ETF Trust | 0.08% | 3,607 NS | April 30, 2026 | N-PORT |
| ISCV · iShares Trust | 0.07% | 3,588 SH | Aug. 8, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.07% | 3,903 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.06% | 2,920 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.06% | 1,768 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.05% | 8,244 NS | April 30, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.05% | 58,005 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.05% | 57,291 NS | May 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.05% | 264,953 SH | Aug. 8, 2026 | Daily |
| IYF · iShares Trust | 0.04% | 12,975 SH | Aug. 8, 2026 | Daily |
| IYG · iShares Trust | 0.04% | 6,475 SH | Aug. 8, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.04% | 129,151 NS | April 30, 2026 | N-PORT |
| ISCB · iShares Trust | 0.04% | 758 SH | Aug. 8, 2026 | Daily |
| SMMD · iShares Trust | 0.04% | 9,745 SH | Aug. 8, 2026 | Daily |
| FNCL · FIDELITY COVINGTON TRUST | 0.03% | 5,615 NS | April 30, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.03% | 974 NS | May 31, 2026 | N-PORT |
| PFM · Invesco Exchange-Traded Fund Trust | 0.03% | 1,729 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.03% | 244,376 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.03% | 416,921 SH | Aug. 8, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.03% | 32,185 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.03% | 1,345 SH | Aug. 8, 2026 | Daily |
| TILT · FlexShares Trust | 0.03% | 4,055 NS | April 30, 2026 | N-PORT |
| IWS · iShares Trust | 0.03% | 28,340 SH | Aug. 8, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.02% | 5,231 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.02% | 3,450 NS | April 30, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.02% | 744 NS | May 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.02% | 79,803 SH | Aug. 8, 2026 | Daily |
| ONEQ · Fidelity Commonwealth Trust | 0.02% | 16,896 NS | May 31, 2026 | N-PORT |
| DEUS · DBX ETF Trust | 0.02% | 409 NS | May 29, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.02% | 942 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.02% | 13,563 NS | April 30, 2026 | N-PORT |
| DGRO · iShares Trust | 0.01% | 33,184 SH | Aug. 8, 2026 | Daily |