Bank7 Corp's Q3 profit edges past estimates on loan growth
Bank7 Corp's Q3 profit edges past estimates on loan growth
Overview
US regional bank's Q3 adjusted EPS beat analyst expectations
Q3 net income rose 22% quarter-over-quarter
Century Financial merger expected to close in November, expanding into New Mexico
Outlook
Company expects Century merger to be accretive to earnings after closing in November 2026
Company says it continues to benefit from high capital, liquidity and strong net interest margin
Bank7 says it maintains a healthy pipeline of new loans
Result Drivers
LOAN GROWTH - Co said Q3 results benefited from growth in the loan book and a healthy pipeline of new loans
STRONG CAPITAL & LIQUIDITY - Co attributed results to high capital levels, robust liquidity, and strong net interest margin
Company press release: ID:nPn3V6qhPa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 EPS | Beat | $1.06 | $1.05 (3 Analysts) |
Q3 Net Income | Beat | $10.20 mln | $10.07 mln (2 Analysts) |
Q3 Net Interest Income |
| $22.30 mln |
|
Q3 Net Interest Margin |
| 4.77% |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "hold."
Wall Street's median 12-month price target for Bank7 Corp is $61.00, about 10.9% above its October 14 closing price of $55.02
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)