• BOK Financial average debt/equity ratio for 2023 was 1.16, a 286.67% decline from 2022.
• BOK Financial average debt/equity ratio for 2022 was 0.3, a 50% increase from 2021.
• BOK Financial average debt/equity ratio for 2021 was 0.2, a 71.83% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.