Bank7 (NASDAQ:BSVN) Announces Earnings Results

Bank7 (NASDAQ:BSVN) posted its quarterly earnings results on Thursday. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.11, Zacks reports. Bank7 had a net margin of 24.22% and a return on equity of 19.13%.

Bank7 Stock Performance

Shares of BSVN opened at $44.40 on Friday. The company has a market cap of $414.70 million, a price-to-earnings ratio of 11.68 and a beta of 1.47. The stock has a fifty day moving average price of $45.96 and a two-hundred day moving average price of $41.30. Bank7 has a 52-week low of $24.50 and a 52-week high of $50.26.

Bank7 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a yield of 2.16%. Bank7’s dividend payout ratio (DPR) is presently 25.26%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on BSVN shares. Keefe, Bruyette & Woods dropped their target price on Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a report on Friday. Piper Sandler increased their price objective on Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday.

About Bank7

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.