Bank7 Corp. (BSVN) To Go Ex-Dividend on June 18th

Bank7 Corp. (NASDAQ:BSVN) declared a quarterly dividend on Thursday, June 4th. Shareholders of record on Friday, June 19th will be given a dividend of 0.27 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, June 18th.

Bank7 has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 5 years. Bank7 has a dividend payout ratio of 26.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Bank7 to earn $4.55 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 23.7%.

Bank7 Stock Performance

Bank7 stock opened at $45.08 on Friday. The stock has a market capitalization of $429.16 million, a price-to-earnings ratio of 9.67 and a beta of 0.92. Bank7 has a 52-week low of $37.56 and a 52-week high of $50.10. The stock’s 50 day moving average price is $42.92 and its two-hundred day moving average price is $42.57.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.24. The firm had revenue of $26.16 million for the quarter, compared to analysts’ expectations of $23.63 million. Bank7 had a return on equity of 18.18% and a net margin of 31.77%. On average, equities research analysts forecast that Bank7 will post 4.45 EPS for the current 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.