Earnings Per Share

12 Months Ended

Dec. 31, 2023

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
	2023		2022		2021
Numerator:
Net income attributable to BOK Financial Corp. shareholders	$	530,746	$	520,273	$	618,121
Less: Earnings allocated to participating securities	4,253		3,803		4,299
Numerator for basic earnings per share – income available to common shareholders	526,493		516,470		613,822
Effect of reallocating undistributed earnings of participating securities	—		—		—
Numerator for diluted earnings per share – income available to common shareholders	$	526,493	$	516,470	$	613,822

Denominator:
Weighted average shares outstanding	66,184,832		67,706,014		69,071,511
Less: Participating securities included in weighted average shares outstanding	533,263		493,286		479,591
Denominator for basic earnings per common share	65,651,569		67,212,728		68,591,920
Dilutive effect of employee stock compensation plans	—		7		2,402
Denominator for diluted earnings per common share	65,651,569		67,212,735		68,594,322

Basic earnings per share	$	8.02	$	7.68	$	8.95
Diluted earnings per share	$	8.02	$	7.68	$	8.95