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BSVN — Bank7 News Story

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FinancialsBalancedMid CapSuper Stock

Bank7 Q2 net income rises 7.44% on higher loan growth

Overview

Bank7 Q2 net income rises 7.44% to $11.1 mln

Earnings per share increases 7.41% to $1.16

Total loans grow 5.17% to $1.5 bln

Outlook

Company emphasizes resilience in dynamic geographic markets

Result Drivers

ORGANIC LOAN GROWTH - Bank7 reports strong organic loan growth, contributing to a 5.17% increase in total loans to $1.5 billion

CORE DEPOSITS - Significant increases in core deposits and transaction accounts underscore robust liquidity, per CEO Thomas L. Travis

CAPITAL RATIOS - Bank7 maintains strong capital ratios, well above regulatory requirements, supporting its well-capitalized status

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 EPS$1.16
Q2 Net Income$11.10 mln
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 "buy" Wall Street's median 12-month price target for Bank7 Corp is $47.00, about 3% above its July 16 closing price of $45.58 Press Release: ID:nPn4m6gJka (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.)

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