Annual Income Statements for Bank7
This table shows Bank7's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Bank7
This table shows Bank7's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Consolidated Net Income / (Loss) |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Net Income / (Loss) Continuing Operations |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Total Pre-Tax Income |
|
10 |
11 |
13 |
13 |
10 |
1.56 |
15 |
15 |
15 |
15 |
Total Revenue |
|
20 |
21 |
21 |
21 |
22 |
28 |
24 |
24 |
25 |
24 |
Net Interest Income / (Expense) |
|
19 |
20 |
20 |
20 |
21 |
21 |
22 |
21 |
21 |
22 |
Total Interest Income |
|
22 |
25 |
27 |
30 |
32 |
32 |
33 |
32 |
33 |
32 |
Loans and Leases Interest Income |
|
20 |
24 |
25 |
27 |
29 |
29 |
30 |
29 |
31 |
30 |
Investment Securities Interest Income |
|
0.78 |
0.78 |
0.79 |
0.79 |
0.78 |
0.76 |
1.09 |
1.02 |
0.37 |
0.33 |
Deposits and Money Market Investments Interest Income |
|
0.01 |
0.01 |
0.05 |
0.06 |
0.16 |
0.25 |
0.25 |
0.25 |
0.18 |
0.11 |
Other Interest Income |
|
0.44 |
0.87 |
1.19 |
2.31 |
1.90 |
2.66 |
1.83 |
2.24 |
2.15 |
2.31 |
Total Interest Expense |
|
2.65 |
5.08 |
7.37 |
9.54 |
11 |
11 |
11 |
11 |
12 |
11 |
Deposits Interest Expense |
|
2.65 |
5.08 |
7.37 |
9.54 |
11 |
11 |
11 |
11 |
12 |
11 |
Total Non-Interest Income |
|
0.84 |
0.73 |
0.67 |
0.79 |
1.01 |
6.77 |
2.01 |
3.17 |
3.68 |
2.40 |
Service Charges on Deposit Accounts |
|
0.21 |
0.22 |
0.24 |
0.20 |
0.21 |
0.22 |
0.25 |
0.26 |
0.23 |
0.23 |
Other Service Charges |
|
0.51 |
0.42 |
0.38 |
0.49 |
0.80 |
6.39 |
1.71 |
2.83 |
3.35 |
2.04 |
Net Realized & Unrealized Capital Gains on Investments |
|
-0.01 |
- |
-0.00 |
-0.01 |
-0.01 |
-0.00 |
0.00 |
0.00 |
-0.00 |
-0.00 |
Other Non-Interest Income |
|
0.13 |
0.09 |
0.05 |
0.11 |
0.01 |
0.16 |
0.05 |
0.08 |
0.10 |
0.14 |
Total Non-Interest Expense |
|
7.13 |
8.13 |
7.65 |
7.38 |
7.39 |
11 |
9.14 |
9.14 |
9.40 |
9.42 |
Salaries and Employee Benefits |
|
4.00 |
4.89 |
4.68 |
4.71 |
4.91 |
3.09 |
5.29 |
5.12 |
5.33 |
5.04 |
Net Occupancy & Equipment Expense |
|
1.53 |
1.53 |
1.35 |
1.32 |
1.34 |
1.40 |
1.35 |
1.42 |
1.47 |
1.37 |
Marketing Expense |
|
0.52 |
0.51 |
0.51 |
0.34 |
0.17 |
0.32 |
0.30 |
0.48 |
0.43 |
0.61 |
Other Operating Expenses |
|
1.09 |
1.19 |
1.11 |
1.01 |
0.97 |
6.19 |
2.20 |
2.13 |
2.16 |
2.40 |
Income Tax Expense |
|
2.36 |
2.97 |
2.95 |
3.16 |
2.35 |
0.49 |
3.60 |
3.73 |
3.72 |
3.61 |
Basic Earnings per Share |
|
$0.88 |
$0.93 |
$1.05 |
$1.06 |
$0.86 |
$0.12 |
$1.22 |
$1.25 |
$1.26 |
$1.19 |
Weighted Average Basic Shares Outstanding |
|
9.10M |
9.10M |
9.15M |
9.15M |
9.16M |
9.16M |
9.22M |
9.25M |
9.32M |
9.29M |
Diluted Earnings per Share |
|
$0.87 |
$0.92 |
$1.04 |
$1.05 |
$0.85 |
$0.11 |
$1.21 |
$1.23 |
$1.24 |
$1.16 |
Weighted Average Diluted Shares Outstanding |
|
9.21M |
9.20M |
9.26M |
9.25M |
9.27M |
9.26M |
9.32M |
9.37M |
9.50M |
9.45M |
Weighted Average Basic & Diluted Shares Outstanding |
|
9.12M |
9.15M |
9.15M |
9.16M |
9.19M |
9.24M |
9.25M |
9.34M |
9.34M |
9.45M |
Annual Cash Flow Statements for Bank7
This table details how cash moves in and out of Bank7's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-96 |
72 |
53 |
Net Cash From Operating Activities |
40 |
49 |
55 |
Net Cash From Continuing Operating Activities |
40 |
49 |
55 |
Net Income / (Loss) Continuing Operations |
30 |
28 |
46 |
Consolidated Net Income / (Loss) |
30 |
28 |
46 |
Provision For Loan Losses |
4.47 |
21 |
0.00 |
Depreciation Expense |
1.41 |
1.30 |
1.06 |
Amortization Expense |
0.81 |
0.38 |
-0.77 |
Non-Cash Adjustments to Reconcile Net Income |
0.53 |
0.13 |
2.93 |
Changes in Operating Assets and Liabilities, net |
2.86 |
-2.10 |
6.13 |
Net Cash From Investing Activities |
-343 |
-131 |
80 |
Net Cash From Continuing Investing Activities |
-343 |
-131 |
80 |
Purchase of Property, Leasehold Improvements and Equipment |
-0.29 |
-2.83 |
-4.20 |
Purchase of Investment Securities |
-380 |
-144 |
-131 |
Sale of Property, Leasehold Improvements and Equipment |
3.37 |
0.08 |
0.22 |
Sale and/or Maturity of Investments |
34 |
16 |
215 |
Other Investing Activities, net |
-0.01 |
-0.07 |
0.00 |
Net Cash From Financing Activities |
207 |
154 |
-82 |
Net Cash From Continuing Financing Activities |
207 |
154 |
-82 |
Net Change in Deposits |
212 |
160 |
-76 |
Issuance of Common Equity |
0.00 |
0.00 |
0.00 |
Repurchase of Common Equity |
-0.45 |
-0.51 |
-0.67 |
Payment of Dividends |
-4.37 |
-6.32 |
-8.06 |
Other Financing Activities, Net |
0.31 |
0.50 |
2.59 |
Cash Interest Paid |
9.10 |
38 |
46 |
Cash Income Taxes Paid |
9.98 |
11 |
15 |
Quarterly Cash Flow Statements for Bank7
This table details how cash moves in and out of Bank7's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
24 |
-38 |
68 |
19 |
-27 |
12 |
12 |
17 |
-23 |
47 |
Net Cash From Operating Activities |
|
5.02 |
9.78 |
14 |
6.56 |
13 |
16 |
20 |
8.15 |
13 |
13 |
Net Cash From Continuing Operating Activities |
|
5.02 |
9.78 |
14 |
6.56 |
13 |
16 |
20 |
8.15 |
13 |
13 |
Net Income / (Loss) Continuing Operations |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Consolidated Net Income / (Loss) |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Depreciation Expense |
|
0.35 |
0.34 |
0.33 |
0.32 |
0.32 |
0.33 |
0.30 |
0.26 |
0.25 |
0.25 |
Amortization Expense |
|
-2.85 |
0.16 |
0.09 |
0.09 |
0.10 |
0.10 |
-0.37 |
-0.56 |
0.07 |
0.10 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.76 |
-0.66 |
0.26 |
0.08 |
-1.48 |
1.27 |
1.20 |
1.15 |
0.22 |
0.36 |
Changes in Operating Assets and Liabilities, net |
|
-3.63 |
-0.08 |
2.81 |
-4.69 |
1.89 |
-2.12 |
8.04 |
-4.23 |
1.04 |
1.28 |
Net Cash From Investing Activities |
|
-71 |
-39 |
-6.17 |
-2.73 |
-122 |
-0.37 |
5.23 |
109 |
-79 |
45 |
Net Cash From Continuing Investing Activities |
|
-71 |
-39 |
-6.17 |
-2.73 |
-122 |
-0.37 |
5.23 |
109 |
-79 |
45 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.05 |
-0.02 |
-0.22 |
-2.01 |
-0.38 |
-0.23 |
-0.67 |
-1.61 |
-0.61 |
-1.31 |
Purchase of Investment Securities |
|
-81 |
-41 |
-9.85 |
-4.48 |
-125 |
-4.74 |
-99 |
18 |
-88 |
38 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.24 |
- |
- |
- |
0.08 |
- |
- |
- |
0.02 |
0.08 |
Sale and/or Maturity of Investments |
|
9.77 |
2.70 |
3.91 |
3.78 |
3.57 |
4.64 |
105 |
93 |
9.45 |
8.20 |
Other Investing Activities, net |
|
-0.00 |
-0.02 |
-0.01 |
-0.02 |
-0.01 |
-0.03 |
0.01 |
0.00 |
-0.00 |
-0.01 |
Net Cash From Financing Activities |
|
90 |
-9.24 |
61 |
15 |
82 |
-4.24 |
-14 |
-101 |
43 |
-11 |
Net Cash From Continuing Financing Activities |
|
90 |
-9.24 |
61 |
15 |
82 |
-4.24 |
-14 |
-101 |
43 |
-11 |
Net Change in Deposits |
|
91 |
-8.04 |
62 |
17 |
83 |
-2.18 |
-11 |
-99 |
43 |
-8.75 |
Issuance of Common Equity |
|
- |
- |
0.00 |
- |
- |
- |
0.00 |
0.00 |
- |
0.00 |
Repurchase of Common Equity |
|
-0.31 |
-0.14 |
-0.14 |
0.00 |
-0.23 |
-0.15 |
-0.42 |
-0.00 |
-0.01 |
-0.24 |
Payment of Dividends |
|
-1.10 |
-1.09 |
-1.46 |
-1.47 |
-1.46 |
-1.93 |
-1.93 |
-1.94 |
-1.94 |
-2.24 |
Other Financing Activities, Net |
|
0.28 |
0.03 |
0.21 |
0.03 |
0.24 |
0.02 |
0.07 |
0.27 |
1.58 |
0.69 |
Cash Interest Paid |
|
2.61 |
4.88 |
7.06 |
9.06 |
11 |
11 |
11 |
11 |
12 |
11 |
Cash Income Taxes Paid |
|
4.94 |
3.14 |
0.02 |
7.03 |
3.56 |
0.19 |
0.10 |
7.43 |
3.34 |
4.19 |
Annual Balance Sheets for Bank7
This table presents Bank7's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
1,584 |
1,772 |
1,740 |
Cash and Due from Banks |
109 |
181 |
234 |
Interest Bearing Deposits at Other Banks |
5.47 |
18 |
6.72 |
Trading Account Securities |
174 |
171 |
61 |
Loans and Leases, Net of Allowance |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
13 |
15 |
18 |
Goodwill |
8.60 |
8.46 |
8.46 |
Intangible Assets |
1.34 |
1.03 |
0.88 |
Other Assets |
1,272 |
1,377 |
1,410 |
Total Liabilities & Shareholders' Equity |
1,584 |
1,772 |
1,740 |
Total Liabilities |
1,440 |
1,601 |
1,527 |
Non-Interest Bearing Deposits |
442 |
482 |
313 |
Interest Bearing Deposits |
990 |
1,109 |
1,202 |
Accrued Interest Payable |
7.62 |
9.65 |
11 |
Other Long-Term Liabilities |
1.05 |
0.30 |
0.08 |
Total Equity & Noncontrolling Interests |
144 |
170 |
213 |
Total Preferred & Common Equity |
144 |
170 |
213 |
Total Common Equity |
144 |
170 |
213 |
Common Stock |
95 |
98 |
102 |
Retained Earnings |
58 |
79 |
116 |
Accumulated Other Comprehensive Income / (Loss) |
-9.30 |
-6.15 |
-4.97 |
Quarterly Balance Sheets for Bank7
This table presents Bank7's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
1,581 |
1,661 |
1,681 |
1,772 |
1,775 |
1,683 |
1,740 |
Cash and Due from Banks |
|
147 |
177 |
196 |
169 |
193 |
210 |
187 |
Interest Bearing Deposits at Other Banks |
|
1.49 |
4.98 |
10 |
17 |
17 |
12 |
8.72 |
Trading Account Securities |
|
176 |
173 |
172 |
170 |
153 |
68 |
66 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
13 |
13 |
15 |
15 |
15 |
17 |
17 |
Goodwill |
|
8.07 |
8.46 |
8.46 |
8.46 |
8.46 |
8.46 |
8.46 |
Intangible Assets |
|
1.41 |
1.26 |
1.18 |
1.11 |
0.97 |
0.94 |
0.91 |
Other Assets |
|
1,233 |
- |
1,278 |
1,392 |
1,387 |
1,367 |
1,452 |
Total Liabilities & Shareholders' Equity |
|
1,581 |
1,661 |
1,681 |
1,772 |
1,775 |
1,683 |
1,740 |
Total Liabilities |
|
1,445 |
1,492 |
1,520 |
1,604 |
1,595 |
1,492 |
1,536 |
Non-Interest Bearing Deposits |
|
498 |
424 |
398 |
481 |
452 |
350 |
322 |
Interest Bearing Deposits |
|
940 |
1,067 |
1,111 |
1,113 |
1,128 |
1,131 |
1,202 |
Accrued Interest Payable |
|
7.35 |
- |
11 |
11 |
10 |
11 |
12 |
Other Long-Term Liabilities |
|
0.45 |
- |
0.36 |
0.42 |
3.95 |
0.00 |
0.43 |
Total Equity & Noncontrolling Interests |
|
136 |
154 |
162 |
168 |
180 |
191 |
204 |
Total Preferred & Common Equity |
|
136 |
154 |
162 |
168 |
180 |
191 |
204 |
Total Common Equity |
|
136 |
154 |
162 |
168 |
180 |
191 |
204 |
Common Stock |
|
95 |
96 |
97 |
97 |
98 |
99 |
101 |
Retained Earnings |
|
51 |
66 |
74 |
80 |
88 |
98 |
107 |
Accumulated Other Comprehensive Income / (Loss) |
|
-10 |
-7.55 |
-8.71 |
-9.08 |
-5.69 |
-5.75 |
-4.12 |
Annual Metrics And Ratios for Bank7
This table displays calculated financial ratios and metrics derived from Bank7's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
30.42% |
26.84% |
6.17% |
EBITDA Growth |
29.71% |
-6.19% |
55.88% |
EBIT Growth |
26.99% |
-5.18% |
62.14% |
NOPAT Growth |
27.98% |
-4.60% |
61.62% |
Net Income Growth |
27.98% |
-4.60% |
61.62% |
EPS Growth |
26.27% |
-5.28% |
58.69% |
Operating Cash Flow Growth |
31.80% |
23.70% |
12.05% |
Free Cash Flow Firm Growth |
816.00% |
-88.99% |
37.19% |
Invested Capital Growth |
8.28% |
18.20% |
25.18% |
Revenue Q/Q Growth |
9.66% |
8.20% |
-3.87% |
EBITDA Q/Q Growth |
10.34% |
-20.23% |
27.48% |
EBIT Q/Q Growth |
10.33% |
-20.84% |
27.88% |
NOPAT Q/Q Growth |
10.04% |
-20.56% |
28.16% |
Net Income Q/Q Growth |
10.04% |
-20.56% |
28.16% |
EPS Q/Q Growth |
9.90% |
-20.98% |
27.70% |
Operating Cash Flow Q/Q Growth |
7.14% |
14.92% |
-5.28% |
Free Cash Flow Firm Q/Q Growth |
37.64% |
-41.57% |
570.85% |
Invested Capital Q/Q Growth |
6.10% |
1.44% |
4.43% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
57.31% |
42.39% |
62.23% |
EBIT Margin |
54.25% |
40.55% |
61.93% |
Profit (Net Income) Margin |
40.96% |
30.80% |
46.89% |
Tax Burden Percent |
75.50% |
75.96% |
75.72% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
24.50% |
24.04% |
24.28% |
Return on Invested Capital (ROIC) |
21.39% |
17.99% |
23.83% |
ROIC Less NNEP Spread (ROIC-NNEP) |
21.39% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
0.45% |
0.00% |
0.00% |
Return on Equity (ROE) |
21.83% |
0.00% |
0.00% |
Cash Return on Invested Capital (CROIC) |
13.43% |
1.30% |
1.47% |
Operating Return on Assets (OROA) |
2.68% |
2.22% |
3.44% |
Return on Assets (ROA) |
2.02% |
1.69% |
2.60% |
Return on Common Equity (ROCE) |
21.83% |
0.00% |
0.00% |
Return on Equity Simple (ROE_SIMPLE) |
20.57% |
16.60% |
21.43% |
Net Operating Profit after Tax (NOPAT) |
30 |
28 |
46 |
NOPAT Margin |
40.96% |
30.80% |
46.89% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
34.17% |
26.30% |
28.94% |
Operating Expenses to Revenue |
39.58% |
36.41% |
38.07% |
Earnings before Interest and Taxes (EBIT) |
39 |
37 |
60 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
41 |
39 |
61 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.53 |
1.44 |
2.04 |
Price to Tangible Book Value (P/TBV) |
1.64 |
1.52 |
2.14 |
Price to Revenue (P/Rev) |
3.05 |
2.66 |
4.47 |
Price to Earnings (P/E) |
7.44 |
8.65 |
9.54 |
Dividend Yield |
2.15% |
2.78% |
1.93% |
Earnings Yield |
13.44% |
11.56% |
10.48% |
Enterprise Value to Invested Capital (EV/IC) |
0.74 |
0.27 |
0.91 |
Enterprise Value to Revenue (EV/Rev) |
1.46 |
0.50 |
2.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
2.55 |
1.18 |
3.22 |
Enterprise Value to EBIT (EV/EBIT) |
2.70 |
1.23 |
3.23 |
Enterprise Value to NOPAT (EV/NOPAT) |
3.57 |
1.62 |
4.27 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
2.67 |
0.93 |
3.54 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
5.69 |
22.35 |
69.38 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.00 |
0.00 |
0.00 |
Long-Term Debt to Equity |
0.00 |
0.00 |
0.00 |
Financial Leverage |
0.02 |
0.00 |
0.00 |
Leverage Ratio |
10.81 |
10.67 |
9.16 |
Compound Leverage Factor |
10.81 |
10.67 |
9.16 |
Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Short-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
100.00% |
100.00% |
100.00% |
Debt to EBITDA |
0.00 |
0.00 |
0.00 |
Net Debt to EBITDA |
0.00 |
0.00 |
0.00 |
Long-Term Debt to EBITDA |
0.00 |
0.00 |
0.00 |
Debt to NOPAT |
0.00 |
0.00 |
0.00 |
Net Debt to NOPAT |
0.00 |
0.00 |
0.00 |
Long-Term Debt to NOPAT |
0.00 |
0.00 |
0.00 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
19 |
2.05 |
2.81 |
Operating Cash Flow to CapEx |
0.00% |
1,782.47% |
1,383.41% |
Free Cash Flow to Firm to Interest Expense |
2.00 |
0.05 |
0.06 |
Operating Cash Flow to Interest Expense |
4.26 |
1.26 |
1.21 |
Operating Cash Flow Less CapEx to Interest Expense |
4.59 |
1.19 |
1.13 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.05 |
0.05 |
0.06 |
Fixed Asset Turnover |
4.77 |
6.55 |
5.89 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
144 |
170 |
213 |
Invested Capital Turnover |
0.52 |
0.58 |
0.51 |
Increase / (Decrease) in Invested Capital |
11 |
26 |
43 |
Enterprise Value (EV) |
106 |
46 |
195 |
Market Capitalization |
221 |
245 |
436 |
Book Value per Share |
$15.81 |
$18.54 |
$22.82 |
Tangible Book Value per Share |
$14.72 |
$17.51 |
$21.82 |
Total Capital |
144 |
170 |
213 |
Total Debt |
0.00 |
0.00 |
0.00 |
Total Long-Term Debt |
0.00 |
0.00 |
0.00 |
Net Debt |
-115 |
-199 |
-241 |
Capital Expenditures (CapEx) |
-3.08 |
2.76 |
3.98 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
0.00 |
0.00 |
0.00 |
Total Depreciation and Amortization (D&A) |
2.22 |
1.68 |
0.29 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$3.26 |
$3.09 |
$4.92 |
Adjusted Weighted Average Basic Shares Outstanding |
9.10M |
9.16M |
9.29M |
Adjusted Diluted Earnings per Share |
$3.22 |
$3.05 |
$4.84 |
Adjusted Weighted Average Diluted Shares Outstanding |
9.20M |
9.26M |
9.45M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
9.15M |
9.24M |
9.45M |
Normalized Net Operating Profit after Tax (NOPAT) |
30 |
28 |
46 |
Normalized NOPAT Margin |
40.96% |
30.80% |
46.89% |
Pre Tax Income Margin |
54.25% |
40.55% |
61.93% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
4.21 |
0.95 |
1.33 |
NOPAT to Interest Expense |
3.18 |
0.73 |
1.01 |
EBIT Less CapEx to Interest Expense |
4.54 |
0.88 |
1.24 |
NOPAT Less CapEx to Interest Expense |
3.51 |
0.65 |
0.92 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
14.73% |
22.36% |
17.63% |
Augmented Payout Ratio |
16.26% |
24.18% |
19.09% |
Quarterly Metrics And Ratios for Bank7
This table displays calculated financial ratios and metrics derived from Bank7's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
43.51% |
43.27% |
38.94% |
29.15% |
9.39% |
32.93% |
16.15% |
14.58% |
14.44% |
-13.99% |
EBITDA Growth |
|
-7.96% |
48.73% |
48.98% |
2.40% |
34.44% |
-83.20% |
14.12% |
12.28% |
48.94% |
655.95% |
EBIT Growth |
|
24.94% |
47.79% |
53.34% |
38.69% |
-1.92% |
-86.26% |
18.55% |
18.22% |
51.86% |
842.99% |
NOPAT Growth |
|
28.37% |
47.54% |
55.35% |
38.75% |
-2.34% |
-87.26% |
17.50% |
18.24% |
49.97% |
939.20% |
Net Income Growth |
|
28.37% |
47.54% |
55.35% |
38.75% |
-2.34% |
-87.26% |
17.50% |
18.24% |
49.97% |
939.20% |
EPS Growth |
|
26.09% |
46.03% |
55.22% |
38.16% |
-2.30% |
-88.04% |
16.35% |
17.14% |
45.88% |
954.55% |
Operating Cash Flow Growth |
|
-11.87% |
37.11% |
11.62% |
-48.59% |
155.80% |
65.23% |
50.64% |
24.21% |
4.10% |
-18.98% |
Free Cash Flow Firm Growth |
|
50.81% |
86.88% |
-186.24% |
-175.17% |
-351.39% |
-855.45% |
99.63% |
14.77% |
-1.00% |
-26.32% |
Invested Capital Growth |
|
10.96% |
8.28% |
31.35% |
23.03% |
23.63% |
18.20% |
6.75% |
17.94% |
21.59% |
25.18% |
Revenue Q/Q Growth |
|
20.62% |
6.17% |
-2.06% |
2.97% |
2.17% |
29.02% |
-14.42% |
1.58% |
2.04% |
-3.03% |
EBITDA Q/Q Growth |
|
-39.26% |
50.11% |
9.38% |
2.68% |
-20.25% |
-81.24% |
642.80% |
1.02% |
5.78% |
-4.77% |
EBIT Q/Q Growth |
|
11.82% |
9.21% |
10.49% |
2.79% |
-20.92% |
-84.70% |
853.43% |
2.50% |
1.58% |
-5.01% |
NOPAT Q/Q Growth |
|
14.48% |
4.33% |
14.52% |
1.45% |
-19.42% |
-86.39% |
955.94% |
2.09% |
2.20% |
-5.67% |
Net Income Q/Q Growth |
|
14.48% |
4.33% |
14.52% |
1.45% |
-19.42% |
-86.39% |
955.94% |
2.09% |
2.20% |
-5.67% |
EPS Q/Q Growth |
|
14.47% |
5.75% |
13.04% |
0.96% |
-19.05% |
-87.06% |
1,000.00% |
1.65% |
0.81% |
-6.45% |
Operating Cash Flow Q/Q Growth |
|
-60.66% |
94.88% |
38.80% |
-51.68% |
95.73% |
25.88% |
26.54% |
-60.16% |
64.03% |
-2.02% |
Free Cash Flow Firm Q/Q Growth |
|
28.06% |
50.96% |
-1,066.92% |
33.16% |
-18.01% |
-3.80% |
99.55% |
-15,252.63% |
-39.86% |
-29.82% |
Invested Capital Q/Q Growth |
|
3.29% |
6.10% |
17.27% |
-4.26% |
3.79% |
1.44% |
5.90% |
5.78% |
7.00% |
4.43% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
39.73% |
56.18% |
62.73% |
62.55% |
48.83% |
7.10% |
61.64% |
61.30% |
63.55% |
62.41% |
EBIT Margin |
|
52.32% |
53.82% |
60.71% |
60.60% |
46.91% |
5.56% |
61.97% |
62.53% |
62.25% |
60.98% |
Profit (Net Income) Margin |
|
40.44% |
39.74% |
46.46% |
45.77% |
36.10% |
3.81% |
47.00% |
47.24% |
47.31% |
46.02% |
Tax Burden Percent |
|
77.29% |
73.83% |
76.53% |
75.53% |
76.96% |
68.48% |
75.84% |
75.54% |
76.00% |
75.47% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
22.71% |
26.17% |
23.47% |
24.47% |
23.04% |
31.52% |
24.16% |
24.46% |
24.00% |
24.53% |
Return on Invested Capital (ROIC) |
|
20.67% |
20.75% |
24.40% |
25.90% |
20.17% |
2.22% |
25.59% |
26.32% |
25.78% |
23.38% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
20.75% |
24.40% |
0.00% |
0.00% |
0.00% |
25.59% |
0.00% |
0.00% |
0.00% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
0.43% |
1.29% |
0.00% |
0.00% |
0.00% |
1.15% |
0.00% |
0.00% |
0.00% |
Return on Equity (ROE) |
|
0.00% |
21.18% |
25.69% |
0.00% |
0.00% |
0.00% |
26.74% |
0.00% |
0.00% |
0.00% |
Cash Return on Invested Capital (CROIC) |
|
10.48% |
13.43% |
-4.89% |
3.75% |
2.31% |
1.30% |
10.62% |
1.54% |
-0.32% |
1.47% |
Operating Return on Assets (OROA) |
|
2.53% |
2.65% |
3.08% |
3.17% |
2.37% |
0.30% |
3.43% |
3.65% |
3.59% |
3.38% |
Return on Assets (ROA) |
|
1.96% |
1.96% |
2.36% |
2.40% |
1.83% |
0.21% |
2.60% |
2.76% |
2.73% |
2.55% |
Return on Common Equity (ROCE) |
|
0.00% |
21.18% |
25.69% |
0.00% |
0.00% |
0.00% |
26.74% |
0.00% |
0.00% |
0.00% |
Return on Equity Simple (ROE_SIMPLE) |
|
19.83% |
0.00% |
21.47% |
22.12% |
21.20% |
0.00% |
16.61% |
16.63% |
17.47% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
NOPAT Margin |
|
40.44% |
39.74% |
46.46% |
45.77% |
36.10% |
3.81% |
47.00% |
47.24% |
47.31% |
46.02% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
30.37% |
32.83% |
31.63% |
29.91% |
29.53% |
17.14% |
28.87% |
28.75% |
29.06% |
29.10% |
Operating Expenses to Revenue |
|
35.87% |
38.49% |
36.99% |
34.65% |
33.97% |
39.21% |
38.03% |
37.47% |
37.75% |
39.02% |
Earnings before Interest and Taxes (EBIT) |
|
10 |
11 |
13 |
13 |
10 |
1.56 |
15 |
15 |
15 |
15 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
7.90 |
12 |
13 |
13 |
11 |
1.99 |
15 |
15 |
16 |
15 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.41 |
1.53 |
1.40 |
1.34 |
1.19 |
1.44 |
1.43 |
1.52 |
1.71 |
2.04 |
Price to Tangible Book Value (P/TBV) |
|
1.52 |
1.64 |
1.50 |
1.43 |
1.26 |
1.52 |
1.51 |
1.60 |
1.80 |
2.14 |
Price to Revenue (P/Rev) |
|
2.91 |
3.05 |
2.77 |
2.62 |
2.36 |
2.66 |
2.72 |
2.95 |
3.45 |
4.47 |
Price to Earnings (P/E) |
|
7.12 |
7.44 |
6.54 |
6.08 |
5.62 |
8.65 |
8.63 |
9.12 |
9.81 |
9.54 |
Dividend Yield |
|
2.28% |
2.15% |
2.37% |
2.53% |
3.16% |
2.78% |
2.82% |
2.68% |
2.32% |
1.93% |
Earnings Yield |
|
14.04% |
13.44% |
15.29% |
16.45% |
17.78% |
11.56% |
11.58% |
10.96% |
10.19% |
10.48% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.32 |
0.74 |
0.20 |
0.07 |
0.08 |
0.27 |
0.27 |
0.35 |
0.76 |
0.91 |
Enterprise Value to Revenue (EV/Rev) |
|
0.65 |
1.46 |
0.43 |
0.13 |
0.16 |
0.50 |
0.51 |
0.68 |
1.52 |
2.00 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
1.15 |
2.55 |
0.74 |
0.23 |
0.28 |
1.18 |
1.18 |
1.58 |
3.25 |
3.22 |
Enterprise Value to EBIT (EV/EBIT) |
|
1.21 |
2.70 |
0.78 |
0.22 |
0.29 |
1.23 |
1.22 |
1.60 |
3.27 |
3.23 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
1.60 |
3.57 |
1.02 |
0.30 |
0.38 |
1.62 |
1.61 |
2.12 |
4.33 |
4.27 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
1.16 |
2.67 |
0.82 |
0.30 |
0.32 |
0.93 |
0.86 |
1.17 |
2.66 |
3.54 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
3.19 |
5.69 |
0.00 |
1.93 |
3.85 |
22.35 |
2.60 |
24.80 |
0.00 |
69.38 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Financial Leverage |
|
0.00 |
0.02 |
0.05 |
0.00 |
0.00 |
0.00 |
0.04 |
0.00 |
0.00 |
0.00 |
Leverage Ratio |
|
10.56 |
10.81 |
10.90 |
10.80 |
11.04 |
10.67 |
10.27 |
9.54 |
9.44 |
9.16 |
Compound Leverage Factor |
|
10.56 |
10.81 |
10.90 |
10.80 |
11.04 |
10.67 |
10.27 |
9.54 |
9.44 |
9.16 |
Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-5.37 |
-2.63 |
-31 |
-21 |
-24 |
-25 |
-0.11 |
-18 |
-24 |
-32 |
Operating Cash Flow to CapEx |
|
0.00% |
46,566.67% |
6,197.72% |
326.92% |
4,292.98% |
6,964.66% |
3,060.78% |
505.96% |
2,238.19% |
1,063.53% |
Free Cash Flow to Firm to Interest Expense |
|
-2.03 |
-0.52 |
-4.17 |
-2.15 |
-2.21 |
-2.27 |
-0.01 |
-1.56 |
-1.99 |
-3.00 |
Operating Cash Flow to Interest Expense |
|
1.90 |
1.92 |
1.84 |
0.69 |
1.17 |
1.46 |
1.81 |
0.73 |
1.09 |
1.24 |
Operating Cash Flow Less CapEx to Interest Expense |
|
1.97 |
1.92 |
1.81 |
0.48 |
1.14 |
1.43 |
1.75 |
0.58 |
1.04 |
1.12 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.06 |
0.06 |
0.06 |
0.06 |
Fixed Asset Turnover |
|
5.96 |
4.77 |
5.82 |
5.84 |
5.99 |
6.55 |
6.69 |
6.22 |
6.32 |
5.89 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
136 |
144 |
169 |
162 |
168 |
170 |
180 |
191 |
204 |
213 |
Invested Capital Turnover |
|
0.51 |
0.52 |
0.53 |
0.57 |
0.56 |
0.58 |
0.54 |
0.56 |
0.54 |
0.51 |
Increase / (Decrease) in Invested Capital |
|
13 |
11 |
40 |
30 |
32 |
26 |
11 |
29 |
36 |
43 |
Enterprise Value (EV) |
|
43 |
106 |
34 |
11 |
13 |
46 |
48 |
67 |
154 |
195 |
Market Capitalization |
|
192 |
221 |
216 |
218 |
200 |
245 |
259 |
289 |
350 |
436 |
Book Value per Share |
|
$14.93 |
$15.81 |
$16.83 |
$17.67 |
$18.34 |
$18.54 |
$19.53 |
$20.63 |
$21.86 |
$22.82 |
Tangible Book Value per Share |
|
$13.88 |
$14.72 |
$15.77 |
$16.62 |
$17.30 |
$17.51 |
$18.51 |
$19.62 |
$20.86 |
$21.82 |
Total Capital |
|
136 |
144 |
154 |
162 |
168 |
170 |
180 |
191 |
204 |
213 |
Total Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Debt |
|
-149 |
-115 |
-182 |
-207 |
-187 |
-199 |
-210 |
-222 |
-195 |
-241 |
Capital Expenditures (CapEx) |
|
-0.19 |
0.02 |
0.22 |
2.01 |
0.30 |
0.23 |
0.67 |
1.61 |
0.60 |
1.23 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
0.00 |
0.00 |
15 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Depreciation and Amortization (D&A) |
|
-2.50 |
0.50 |
0.42 |
0.42 |
0.42 |
0.43 |
-0.08 |
-0.30 |
0.32 |
0.35 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.88 |
$0.93 |
$1.05 |
$1.06 |
$0.86 |
$0.12 |
$1.22 |
$1.25 |
$1.26 |
$1.19 |
Adjusted Weighted Average Basic Shares Outstanding |
|
9.10M |
9.10M |
9.15M |
9.15M |
9.16M |
9.16M |
9.22M |
9.25M |
9.32M |
9.29M |
Adjusted Diluted Earnings per Share |
|
$0.87 |
$0.92 |
$1.04 |
$1.05 |
$0.85 |
$0.11 |
$1.21 |
$1.23 |
$1.24 |
$1.16 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
9.21M |
9.20M |
9.26M |
9.25M |
9.27M |
9.26M |
9.32M |
9.37M |
9.50M |
9.45M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
9.12M |
9.15M |
9.15M |
9.16M |
9.19M |
9.24M |
9.25M |
9.34M |
9.34M |
9.45M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
8.04 |
8.39 |
9.61 |
9.75 |
7.85 |
1.07 |
11 |
12 |
12 |
11 |
Normalized NOPAT Margin |
|
40.44% |
39.74% |
46.46% |
45.77% |
36.10% |
3.81% |
47.00% |
47.24% |
47.31% |
46.02% |
Pre Tax Income Margin |
|
52.32% |
53.82% |
60.71% |
60.60% |
46.91% |
5.56% |
61.97% |
62.53% |
62.25% |
60.98% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
3.93 |
2.24 |
1.70 |
1.35 |
0.93 |
0.14 |
1.32 |
1.36 |
1.26 |
1.39 |
NOPAT to Interest Expense |
|
3.04 |
1.65 |
1.30 |
1.02 |
0.72 |
0.10 |
1.00 |
1.03 |
0.96 |
1.05 |
EBIT Less CapEx to Interest Expense |
|
4.00 |
2.23 |
1.67 |
1.14 |
0.90 |
0.12 |
1.26 |
1.22 |
1.21 |
1.27 |
NOPAT Less CapEx to Interest Expense |
|
3.11 |
1.65 |
1.27 |
0.81 |
0.69 |
0.08 |
0.94 |
0.88 |
0.91 |
0.93 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
15.85% |
14.73% |
14.34% |
14.29% |
15.40% |
22.36% |
22.67% |
22.89% |
21.73% |
17.63% |
Augmented Payout Ratio |
|
15.85% |
16.26% |
15.88% |
15.93% |
16.83% |
24.18% |
25.32% |
25.41% |
23.33% |
19.09% |
Key Financial Trends
Bank7 Corp. (NASDAQ: BSVN) has demonstrated consistent financial growth over the past several years through its quarterly financial statements analyzed from Q3 2022 through Q4 2024.
Key positive trends include:
- Net Interest Income has grown steadily from approx. $19.05 million in Q3 2022 to $21.74 million in Q4 2024, reflecting a stable core banking revenue stream.
- Total Revenue showed significant improvement from $19.89 million in Q3 2022 to $24.14 million in Q4 2024, indicating effective growth in both interest and non-interest income sources.
- Net Income attributable to common shareholders increased substantially, from $7.85 million in Q3 2023 to $11.11 million in Q4 2024, with a corresponding rise in diluted EPS from $0.85 to $1.16 over the same period.
- Consistent payment of dividends per share with gradual increases from $0.12 in Q1 2023 to $0.24 in Q3 2024, highlighting shareholder returns.
- Total Common Equity rose from approximately $135.8 million in Q3 2022 to $204.2 million in Q3 2024, reinforcing strong capitalization.
- Operating cash flow remains healthy, with net cash from continuing operating activities at $13.1 million in Q4 2024, supporting solid liquidity and operational efficiency.
- Consistent investments in property, leasehold improvements, equipment, and securities support ongoing business expansion and asset quality management.
Neutral observations over the period:
- Bank7 has no recorded loans and leases net balance on the balance sheet, reflecting a possible strategic emphasis away from traditional lending or concentrated asset allocation in other securities.
- Fluctuations in non-interest income components, such as service charges and other service charges, which varied quarter-to-quarter but generally contributed to total revenue positively.
- The weighted average diluted shares outstanding remained relatively steady in the 9.1 to 9.5 million range, indicating stable sharebase dilution over time.
Areas of potential concern or negative impact:
- Provision for credit losses was significant in late 2023 (e.g., $15.5 million in Q4 2023), although it returned to zero in 2024, previously impacting pre-tax income significantly, indicating periods of credit risk stress.
- Total Non-Interest Expenses increased over time, reaching $9.42 million in Q4 2024 compared to around $7.1 million in Q3 2022, with notable increases in salaries, employee benefits, and other operating expenses, slightly pressuring margins.
- Net cash used in investing activities showed volatility, with large swings depending on purchases and sales of investment securities that may impact liquidity.
Summary: Bank7 has shown solid revenue growth and improved profitability with rising earnings per share and increasing equity base. The absence of traditional loan assets is notable and suggests the bank's focus lies in investment securities and other interest-earning assets. While expenses and provisions have shown some volatility and occasional elevated credit losses, recent quarters demonstrate recovery and strong earnings generation. Investors might consider Bank7's strategic asset mix, stable dividend payments, and solid capital position when evaluating the stock's future potential.
10/09/25 12:40 PM ETAI Generated. May Contain Errors.