Bank7 (BSVN) Set to Announce Earnings on Tuesday

Bank7 (NASDAQ:BSVNGet 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:BSVNGet 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.

Further Reading

Earnings History for Bank7 (NASDAQ:BSVN)

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