Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 25,800 shares, a growth of 7.1% from the May 31st total of 24,100 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the shares of the company are sold short.

Insider Activity

In other Bank7 news, VP Henry Litchfield sold 2,259 shares of Bank7 stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $30.03, for a total value of $67,837.77. Following the completion of the sale, the vice president now owns 12,302 shares of the company’s stock, valued at approximately $369,429.06. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Bank7 news, VP Henry Litchfield sold 2,259 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $30.03, for a total value of $67,837.77. Following the transaction, the vice president now directly owns 12,302 shares of the company’s stock, valued at $369,429.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edward Patrick Gray purchased 1,000 shares of Bank7 stock in a transaction dated Thursday, April 25th. The shares were acquired at an average cost of $27.25 per share, with a total value of $27,250.00. Following the transaction, the director now directly owns 2,500 shares in the company, valued at $68,125. The disclosure for this purchase can be found here. Insiders sold 12,049 shares of company stock valued at $339,450 over the last three months. Insiders own 41.92% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in shares of Bank7 by 39.6% in the first quarter. BNP Paribas Financial Markets now owns 2,211 shares of the company’s stock valued at $62,000 after acquiring an additional 627 shares in the last quarter. AJOVista LLC purchased a new position in Bank7 in the 4th quarter worth approximately $65,000. Barclays PLC boosted its stake in Bank7 by 30.7% in the 3rd quarter. Barclays PLC now owns 3,699 shares of the company’s stock worth $83,000 after purchasing an additional 868 shares during the period. Denali Advisors LLC boosted its stake in Bank7 by 60.3% in the 1st quarter. Denali Advisors LLC now owns 9,300 shares of the company’s stock worth $262,000 after purchasing an additional 3,500 shares during the period. Finally, EJF Capital LLC purchased a new stake in Bank7 during the 3rd quarter valued at approximately $225,000. Institutional investors own 23.48% of the company’s stock.

Bank7 Price Performance

Shares of Bank7 stock opened at $31.05 on Thursday. Bank7 has a 1-year low of $19.53 and a 1-year high of $31.99. The company’s fifty day simple moving average is $29.54 and its 200-day simple moving average is $27.97. The stock has a market capitalization of $287.21 million, a PE ratio of 9.61 and a beta of 1.49.

Bank7 (NASDAQ:BSVN) last released its earnings results on Friday, April 12th. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.17. The company had revenue of $24.02 million for the quarter, compared to the consensus estimate of $26.10 million. Bank7 had a return on equity of 17.61% and a net margin of 21.70%. As a group, research analysts anticipate that Bank7 will post 4.13 EPS for the current year.

Bank7 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Thursday, June 20th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, June 20th. This represents a $0.84 annualized dividend and a dividend yield of 2.71%. Bank7’s payout ratio is 26.01%.

Bank7 Company Profile

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.