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

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

Bank7 Stock Up 2.8 %

BSVN stock opened at $47.25 on Thursday. Bank7 has a 52-week low of $24.45 and a 52-week high of $49.42. The stock has a market cap of $441.32 million, a price-to-earnings ratio of 12.43 and a beta of 1.47. The business has a fifty day moving average of $45.98 and a two-hundred day moving average of $41.19.

Bank7 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were given a $0.24 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.96 annualized dividend and a yield of 2.03%. Bank7’s payout ratio is 25.26%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods lifted their price objective on Bank7 from $45.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th.

About Bank7

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.