Bank7 Corp. (BSVN) To Go Ex-Dividend on December 22nd

Bank7 Corp. (NASDAQ:BSVN) declared a quarterly dividend on Wednesday, November 19th. Investors of record on Monday, December 22nd will be given a dividend of 0.27 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, December 22nd.

Bank7 has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. Bank7 has a payout ratio of 26.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Bank7 to earn $4.12 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 26.2%.

Bank7 Stock Performance

Shares of NASDAQ:BSVN opened at $43.82 on Friday. Bank7 has a 52-week low of $32.49 and a 52-week high of $50.26. The company has a market capitalization of $414.10 million, a PE ratio of 9.67 and a beta of 0.94. The company has a fifty day moving average of $42.43 and a 200-day moving average of $44.16.

Bank7 (NASDAQ:BSVN) last issued its quarterly earnings data on Wednesday, October 15th. The company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. The business had revenue of $25.24 million for the quarter, compared to analyst estimates of $24.35 million. Bank7 had a return on equity of 19.11% and a net margin of 31.60%.During the same quarter in the previous year, the company posted $1.24 EPS. On average, equities analysts forecast that Bank7 will post 4.06 EPS for the current fiscal year.

Bank7 Company Profile

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.