Bank7 (BSVN) to Release Earnings on Thursday

Bank7 (NASDAQ:BSVN – Get Rating) will be posting its quarterly earnings results before the market opens on Thursday, January 26th. Analysts expect Bank7 to post earnings of $0.99 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Bank7 (NASDAQ:BSVN – Get Rating) last announced its quarterly earnings data on Wednesday, October 26th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.07. Bank7 had a return on equity of 20.95% and a net margin of 37.98%. On average, analysts expect Bank7 to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Price Performance

BSVN traded up $0.01 during trading hours on Tuesday, hitting $27.78. 42,927 shares of the stock were exchanged, compared to its average volume of 15,475. The stock has a 50-day simple moving average of $26.44 and a 200-day simple moving average of $24.76. Bank7 has a 12 month low of $21.08 and a 12 month high of $29.01. The stock has a market cap of $252.80 million, a price-to-earnings ratio of 9.48 and a beta of 1.63.

Bank7 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 5th. Investors of record on Friday, December 23rd were paid a dividend of $0.16 per share. The ex-dividend date was Thursday, December 22nd. This is a boost from Bank7’s previous quarterly dividend of $0.12. This represents a $0.64 annualized dividend and a yield of 2.30%. Bank7’s dividend payout ratio (DPR) is 21.84%.

Analyst Upgrades and Downgrades

Separately, Stephens raised their price objective on Bank7 to $30.00 in a research note on Friday, November 4th.

Institutional Investors Weigh In On Bank7

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in Bank7 by 1.9% in the third quarter. Bank of New York Mellon Corp now owns 28,576 shares of the company’s stock valued at $634,000 after buying an additional 544 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Bank7 by 2.7% in the third quarter. Alliancebernstein L.P. now owns 332,119 shares of the company’s stock valued at $7,366,000 after buying an additional 8,885 shares during the last quarter. State Street Corp lifted its stake in Bank7 by 20.3% in the third quarter. State Street Corp now owns 20,613 shares of the company’s stock valued at $460,000 after buying an additional 3,472 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Bank7 by 16.1% in the third quarter. Renaissance Technologies LLC now owns 11,380 shares of the company’s stock valued at $252,000 after buying an additional 1,580 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Bank7 by 85.0% in the third quarter. Dimensional Fund Advisors LP now owns 32,790 shares of the company’s stock valued at $726,000 after buying an additional 15,070 shares during the last quarter. 27.13% of the stock is currently owned by institutional investors.

Bank7 Company Profile

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Bank7 Corp. is bank holding company, which engages in the provision of banking solutions. It offers banking and financial services to individual and corporate customers located in Oklahoma, Kansas, and Texas. The company was founded by William Brad Haines in 2004 and is headquartered in Oklahoma City, OK.