Bank7 (BSVN) Expected to Announce Quarterly Earnings on Thursday

Bank7 (NASDAQ:BSVN) is expected to post its quarterly earnings results before the market opens on Thursday, April 10th. Analysts expect Bank7 to post earnings of $0.97 per share and revenue of $22.58 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. On average, analysts expect Bank7 to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Price Performance

BSVN opened at $35.79 on Wednesday. Bank7 has a 1-year low of $26.07 and a 1-year high of $50.26. The stock has a market cap of $338.14 million, a P/E ratio of 7.39 and a beta of 1.15. The stock’s 50 day simple moving average is $40.33 and its 200 day simple moving average is $42.59.

Bank7 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 20th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.68%. The ex-dividend date was Thursday, March 20th. Bank7’s dividend payout ratio (DPR) is 19.83%.

Insider Activity at Bank7

In related news, insider Douglas A. Haines acquired 1,433 shares of Bank7 stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average cost of $39.91 per share, for a total transaction of $57,191.03. Following the completion of the transaction, the insider now directly owns 18,542 shares of the company’s stock, valued at $740,011.22. The trade was a 8.38 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of Bank7 stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total value of $207,700.00. Following the sale, the vice president now owns 13,375 shares of the company’s stock, valued at approximately $555,597.50. This represents a 27.21 % decrease in their position. The disclosure for this sale can be found here. 41.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on BSVN. Piper Sandler boosted their price objective on shares of Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Keefe, Bruyette & Woods reduced their price target on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a report on Friday, January 17th.

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.