Bank7 (BSVN) to Release Quarterly Earnings on Thursday

Bank7 (NASDAQ:BSVNGet Rating) is scheduled to be announcing its earnings results before the market opens on Thursday, January 26th. Analysts expect the company to announce earnings of $0.99 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Bank7 (NASDAQ:BSVNGet Rating) last issued its earnings results on Wednesday, October 26th. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.07. Bank7 had a net margin of 37.98% and a return on equity of 20.95%. On average, analysts expect Bank7 to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Trading Up 0.0 %

Shares of BSVN opened at $27.78 on Wednesday. The company has a market cap of $252.80 million, a price-to-earnings ratio of 9.48 and a beta of 1.63. Bank7 has a 1-year low of $21.08 and a 1-year high of $29.01. The company’s fifty day simple moving average is $26.44 and its 200 day simple moving average is $24.76.

Bank7 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 5th. Investors of record on Friday, December 23rd were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.30%. This is an increase from Bank7’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, December 22nd. Bank7’s payout ratio is presently 21.84%.

Hedge Funds Weigh In On Bank7

Institutional investors and hedge funds have recently modified their holdings of the stock. Alliancebernstein L.P. increased its holdings in shares of Bank7 by 2.7% in the third quarter. Alliancebernstein L.P. now owns 332,119 shares of the company’s stock valued at $7,366,000 after purchasing an additional 8,885 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Bank7 by 1.9% in the first quarter. The Manufacturers Life Insurance Company now owns 231,703 shares of the company’s stock valued at $5,473,000 after purchasing an additional 4,412 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Bank7 by 85.0% in the third quarter. Dimensional Fund Advisors LP now owns 32,790 shares of the company’s stock valued at $726,000 after purchasing an additional 15,070 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Bank7 by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 27,115 shares of the company’s stock valued at $640,000 after purchasing an additional 783 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of Bank7 by 120.5% in the first quarter. Acadian Asset Management LLC now owns 24,006 shares of the company’s stock valued at $565,000 after purchasing an additional 13,121 shares during the last quarter. 27.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Stephens boosted their target price on shares of Bank7 to $30.00 in a report on Friday, November 4th.

Bank7 Company Profile

(Get Rating)

Bank7 Corp. is bank holding company, which engages in the provision of banking solutions. It offers banking and financial services to individual and corporate customers located in Oklahoma, Kansas, and Texas. The company was founded by William Brad Haines in 2004 and is headquartered in Oklahoma City, OK.

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Earnings History for Bank7 (NASDAQ:BSVN)

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