Bank7 (BSVN) Set to Announce Earnings on Tuesday

Bank7 (NASDAQ:BSVN – Get Rating) is scheduled to release its earnings data before the market opens on Tuesday, April 26th. Analysts expect Bank7 to post earnings of $0.69 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Bank7 (NASDAQ:BSVN – Get Rating) last posted its quarterly earnings results on Friday, January 28th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.06). Bank7 had a return on equity of 19.76% and a net margin of 39.56%. The firm had revenue of $14.74 million for the quarter, compared to analyst estimates of $14.70 million. During the same period last year, the company posted $0.52 earnings per share. On average, analysts expect Bank7 to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BSVN stock opened at $22.07 on Tuesday. The business’s 50 day moving average price is $23.69. Bank7 has a fifty-two week low of $16.80 and a fifty-two week high of $27.28. The firm has a market cap of $200.70 million, a P/E ratio of 8.69 and a beta of 2.04.

The company also recently declared a quarterly dividend, which was paid on Thursday, April 7th. Investors of record on Wednesday, March 23rd were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend was Tuesday, March 22nd. Bank7’s dividend payout ratio (DPR) is currently 18.90%.

Separately, Zacks Investment Research raised Bank7 from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Monday, April 4th.

In other Bank7 news, CEO Thomas L. Travis sold 2,462 shares of the business’s stock in a transaction that occurred on Wednesday, March 9th. The stock was sold at an average price of $23.45, for a total transaction of $57,733.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO John T. Phillips sold 3,621 shares of the company’s stock in a transaction that occurred on Friday, March 11th. The shares were sold at an average price of $25.00, for a total value of $90,525.00. The disclosure for this sale can be found here. Insiders own 43.85% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in BSVN. Morgan Stanley grew its holdings in Bank7 by 312.2% during the second quarter. Morgan Stanley now owns 8,809 shares of the company’s stock valued at $152,000 after purchasing an additional 6,672 shares during the period. Bank of New York Mellon Corp grew its holdings in Bank7 by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 26,241 shares of the company’s stock valued at $562,000 after purchasing an additional 553 shares during the period. Dimensional Fund Advisors LP bought a new position in Bank7 during the fourth quarter valued at $206,000. Renaissance Technologies LLC grew its holdings in Bank7 by 35.5% during the fourth quarter. Renaissance Technologies LLC now owns 37,000 shares of the company’s stock valued at $851,000 after purchasing an additional 9,700 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in Bank7 by 23.6% during the fourth quarter. Alliancebernstein L.P. now owns 261,578 shares of the company’s stock valued at $6,016,000 after purchasing an additional 49,995 shares during the period. 39.26% of the stock is owned by institutional investors and hedge funds.

About Bank7 (Get Rating)

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 services, including 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.

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