Bank7 (BSVN) to Release Earnings on Friday

Bank7 (NASDAQ:BSVN) is scheduled to announce its earnings results before the market opens on Friday, October 11th. Analysts expect the company to announce earnings of $1.07 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Thursday, July 11th. The company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. The firm had revenue of $24.40 million for the quarter, compared to the consensus estimate of $23.20 million. Bank7 had a net margin of 22.22% and a return on equity of 17.89%. During the same period in the previous year, the firm earned $1.05 EPS. On average, analysts expect Bank7 to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Stock Down 1.4 %

Shares of NASDAQ BSVN opened at $36.77 on Friday. The firm has a market capitalization of $340.05 million, a P/E ratio of 10.78 and a beta of 1.48. Bank7 has a twelve month low of $19.53 and a twelve month high of $42.40. The stock’s 50-day simple moving average is $38.81 and its two-hundred day simple moving average is $32.96.

Bank7 Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Thursday, September 26th will be issued a dividend of $0.24 per share. This is a boost from Bank7’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, September 26th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.61%. Bank7’s dividend payout ratio is presently 28.15%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler boosted their target price on shares of Bank7 from $37.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, July 12th.

Insider Activity

In related news, VP Jason E. Estes sold 2,952 shares of Bank7 stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $36.00, for a total value of $106,272.00. Following the completion of the transaction, the vice president now directly owns 72,818 shares in the company, valued at $2,621,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, VP Jason E. Estes sold 2,952 shares of the firm’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $36.00, for a total transaction of $106,272.00. Following the completion of the sale, the vice president now directly owns 72,818 shares in the company, valued at $2,621,448. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Andrew J. Levinson sold 3,222 shares of the stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $37.02, for a total value of $119,278.44. Following the transaction, the insider now directly owns 41,659 shares in the company, valued at approximately $1,542,216.18. The disclosure for this sale can be found here. Insiders have sold 31,552 shares of company stock worth $1,153,684 over the last three months. 44.01% of the stock is currently owned by corporate insiders.

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.