Bank7 Corp. (NASDAQ:BSVN) – Equities research analysts at Piper Sandler raised their Q2 2021 earnings per share estimates for Bank7 in a report released on Sunday, May 2nd. Piper Sandler analyst N. Race now anticipates that the company will earn $0.57 per share for the quarter, up from their prior estimate of $0.49. Piper Sandler also issued estimates for Bank7’s Q3 2021 earnings at $0.55 EPS, Q4 2021 earnings at $0.55 EPS, FY2021 earnings at $2.24 EPS, Q1 2022 earnings at $0.54 EPS, Q2 2022 earnings at $0.55 EPS, Q4 2022 earnings at $0.61 EPS and FY2022 earnings at $2.28 EPS.
BSVN has been the subject of several other reports. Keefe, Bruyette & Woods upgraded Bank7 from a “market perform” rating to an “outperform” rating and increased their target price for the company from $25.00 to $26.00 in a report on Friday, April 30th. Zacks Investment Research upgraded Bank7 from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $19.67.
Bank7 (NASDAQ:BSVN) last released its earnings results on Wednesday, April 28th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.04. Bank7 had a net margin of 35.06% and a return on equity of 18.89%.
The company also recently declared a quarterly dividend, which was paid on Thursday, April 8th. Investors of record on Tuesday, March 23rd were paid a $0.11 dividend. The ex-dividend date of this dividend was Monday, March 22nd. This represents a $0.44 annualized dividend and a yield of 2.48%. Bank7’s payout ratio is 22.45%.
Several hedge funds have recently added to or reduced their stakes in BSVN. rhino investment partners Inc bought a new stake in Bank7 during the 4th quarter valued at about $787,000. BlackRock Inc. boosted its position in shares of Bank7 by 10.2% during the fourth quarter. BlackRock Inc. now owns 202,208 shares of the company’s stock valued at $2,872,000 after buying an additional 18,777 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Bank7 by 0.9% in the 4th quarter. Alliancebernstein L.P. now owns 184,132 shares of the company’s stock worth $2,615,000 after buying an additional 1,684 shares in the last quarter. Bank of New York Mellon Corp raised its position in Bank7 by 14.6% in the 4th quarter. Bank of New York Mellon Corp now owns 34,458 shares of the company’s stock worth $489,000 after buying an additional 4,399 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Bank7 by 21.4% during the 4th quarter. Wells Fargo & Company MN now owns 16,750 shares of the company’s stock valued at $238,000 after acquiring an additional 2,957 shares during the period. Hedge funds and other institutional investors own 24.04% of the company’s stock.
Bank7 Company Profile
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.
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