Bank7 (NASDAQ:BSVN) Announces Quarterly Earnings Results

Key Points

• Bank7 reported $1.22 EPS, beating estimates by $0.20, and revenue of $26.16 million versus a $23.63M consensus; the company posted a net margin of 31.38% and a return on equity of 18.21%.
• The firm paid a quarterly dividend of $0.27 per share (annualized $1.08), implying a 2.5% yield with a dividend payout ratio of 24.05%.
• Shares trade around $42.92 with a one‑year range of $33.92–$50.10, a market cap of $408.6M and a PE of 9.56; analysts hold a consensus "Moderate Buy" rating with a $54 target price.

Bank7 (NASDAQ:BSVN - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.02 by $0.20, FiscalAI reports. The firm had revenue of $26.16 million during the quarter, compared to the consensus estimate of $23.63 million. Bank7 had a net margin of 31.38% and a return on equity of 18.21%.

Bank7 Price Performance

Shares of BSVN opened at $42.92 on Tuesday. Bank7 has a one year low of $33.92 and a one year high of $50.10. The company has a 50-day simple moving average of $41.79 and a two-hundred day simple moving average of $42.56. The firm has a market capitalization of $408.56 million, a PE ratio of 9.56 and a beta of 0.93.

Bank7 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, March 19th. Bank7's dividend payout ratio is currently 24.05%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "buy (b-)" rating on shares of Bank7 in a research report on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Bank7 currently has an average rating of "Moderate Buy" and a consensus target price of $54.00.

Insider Buying and Selling

In related news, CFO Kelly J. Harris sold 4,500 shares of Bank7 stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $45.75, for a total transaction of $205,875.00. Following the completion of the transaction, the chief financial officer directly owned 12,756 shares of the company's stock, valued at $583,587. This trade represents a 26.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 25.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bank7

Several large investors have recently made changes to their positions in BSVN. AQR Capital Management LLC purchased a new position in shares of Bank7 in the 1st quarter worth about $227,000. Goldman Sachs Group Inc. increased its position in shares of Bank7 by 11.7% during the first quarter. Goldman Sachs Group Inc. now owns 30,056 shares of the company's stock valued at $1,164,000 after acquiring an additional 3,145 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Bank7 by 2.5% during the second quarter. Geode Capital Management LLC now owns 101,428 shares of the company's stock valued at $4,243,000 after acquiring an additional 2,442 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Bank7 by 2.0% during the second quarter. JPMorgan Chase & Co. now owns 12,766 shares of the company's stock valued at $534,000 after acquiring an additional 245 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Bank7 by 13.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 28,829 shares of the company's stock worth $1,206,000 after buying an additional 3,378 shares in the last quarter. 23.48% of the stock is currently owned by hedge funds and other institutional investors.

About Bank7

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.

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