Bank7 (NASDAQ:BSVN) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Bank7 (NASDAQ:BSVN) released its quarterly earnings data on Thursday. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11, Zacks reports. Bank7 had a return on equity of 19.13% and a net margin of 24.22%.

Bank7 Stock Performance

Shares of BSVN opened at $47.25 on Thursday. The stock has a market capitalization of $441.32 million, a P/E ratio of 12.43 and a beta of 1.47. The company’s fifty day moving average is $45.98 and its two-hundred day moving average is $41.19. Bank7 has a 1 year low of $24.45 and a 1 year high of $49.42.

Bank7 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 20th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend was Friday, December 20th. Bank7’s dividend payout ratio (DPR) is presently 25.26%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised their price objective on shares of Bank7 from $45.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th.

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.