Bank7 (BSVN) Projected to Post Quarterly Earnings on Thursday

Bank7 (NASDAQ:BSVN) is expected to release its earnings data 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 listen to 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 EPS for the quarter, beating the consensus estimate of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. On average, analysts expect Bank7 to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Stock 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 company’s 50 day simple moving average is $40.33 and its 200 day simple moving average is $42.59. The stock has a market capitalization of $338.14 million, a PE ratio of 7.39 and a beta of 1.15.

Bank7 Announces Dividend

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

Insider Activity at Bank7

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BSVN. Keefe, Bruyette & Woods cut their target price on Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. Piper Sandler upped their price target on Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th.

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.