Bank7 (BSVN) Set to Announce Quarterly Earnings on Thursday

Bank7 (NASDAQ:BSVNGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Thursday, January 26th. Analysts expect the company to announce earnings of $0.99 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Bank7 (NASDAQ:BSVNGet Rating) last announced its earnings results on Wednesday, October 26th. The company reported $0.87 EPS for the quarter, topping the consensus estimate 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 Stock Up 0.0 %

BSVN traded up $0.01 during trading hours on Tuesday, hitting $27.78. 42,927 shares of the company’s stock were exchanged, compared to its average volume of 15,475. The stock’s 50-day moving average is $26.44 and its two-hundred day moving average is $24.76. Bank7 has a 1-year low of $21.08 and a 1-year high of $29.01. The stock has a market cap of $252.80 million, a price-to-earnings ratio of 9.48 and a beta of 1.63.

Bank7 Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. lifted its holdings in Bank7 by 2.7% during the 3rd 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 boosted its holdings in shares of Bank7 by 1.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 231,703 shares of the company’s stock worth $5,473,000 after buying an additional 4,412 shares during the period. Dimensional Fund Advisors LP grew its stake in Bank7 by 85.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 32,790 shares of the company’s stock valued at $726,000 after buying an additional 15,070 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Bank7 by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 27,115 shares of the company’s stock valued at $640,000 after buying an additional 783 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in Bank7 by 120.5% in the 1st quarter. Acadian Asset Management LLC now owns 24,006 shares of the company’s stock valued at $565,000 after acquiring an additional 13,121 shares during the period. 27.13% of the stock is currently owned by institutional investors.

About Bank7

(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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