Bank7 (NASDAQ:BSVN) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Bank7 (NASDAQ:BSVN) released its quarterly earnings results on Thursday. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11, Zacks reports. Bank7 had a return on equity of 19.13% and a net margin of 24.22%.

Bank7 Trading Down 0.2 %

NASDAQ:BSVN opened at $44.40 on Friday. The firm has a market capitalization of $414.70 million, a PE ratio of 11.68 and a beta of 1.47. Bank7 has a 1 year low of $24.50 and a 1 year high of $50.26. The firm’s fifty day simple moving average is $45.96 and its 200 day simple moving average is $41.30.

Bank7 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were paid a $0.24 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a yield of 2.16%. Bank7’s dividend payout ratio (DPR) is currently 25.26%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Piper Sandler upped their price target on shares of Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday. Keefe, Bruyette & Woods decreased their target price on Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a research report on Friday.

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.