Bank7 (NASDAQ:BSVN - Get Free Report) released its quarterly earnings data on Thursday. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.18, Zacks reports. The business had revenue of $24.44 million during the quarter, compared to analyst estimates of $22.70 million. Bank7 had a net margin of 32.03% and a return on equity of 21.57%.
Bank7 Price Performance
Bank7 stock traded up $2.07 during midday trading on Friday, hitting $48.51. The company's stock had a trading volume of 91,318 shares, compared to its average volume of 26,259. The company has a market cap of $458.42 million, a price-to-earnings ratio of 10.30 and a beta of 1.08. Bank7 has a 1-year low of $32.49 and a 1-year high of $50.26. The company has a 50-day moving average price of $40.53 and a two-hundred day moving average price of $40.34.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Keefe, Bruyette & Woods dropped their target price on shares of Bank7 from $50.00 to $47.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Piper Sandler increased their target price on shares of Bank7 from $50.50 to $55.00 and gave the stock an "overweight" rating in a report on Friday.
Check Out Our Latest Report on BSVN
Institutional Investors Weigh In On Bank7
A hedge fund recently raised its stake in Bank7 stock. Goldman Sachs Group Inc. increased its stake in shares of Bank7 Corp. (NASDAQ:BSVN - Free Report) by 11.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,056 shares of the company's stock after buying an additional 3,145 shares during the quarter. Goldman Sachs Group Inc. owned about 0.32% of Bank7 worth $1,164,000 at the end of the most recent reporting period. Institutional investors own 23.48% of the company's stock.
About Bank7
(
Get Free Report)
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.
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