Bank7 (BSVN) Expected to Announce Quarterly Earnings on Thursday

Bank7 (NASDAQ:BSVN - Get Free Report) is expected to announce its earnings results before the market opens on Thursday, April 10th. Analysts expect the company to announce earnings of $0.97 per share and revenue of $22.58 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Bank7 (NASDAQ:BSVN - Get Free Report) last released its earnings results on Thursday, January 16th. The company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. On average, analysts expect Bank7 to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank7 Stock Performance

Shares of BSVN traded down $0.22 during trading hours on Tuesday, hitting $35.79. The company had a trading volume of 33,367 shares, compared to its average volume of 22,802. The stock has a market capitalization of $338.14 million, a price-to-earnings ratio of 7.39 and a beta of 1.15. The firm has a fifty day moving average price of $40.33 and a 200-day moving average price of $42.59. Bank7 has a 52-week low of $26.07 and a 52-week high of $50.26.

Bank7 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, March 20th were issued a $0.24 dividend. The ex-dividend date was Thursday, March 20th. This represents a $0.96 annualized dividend and a yield of 2.68%. Bank7's dividend payout ratio (DPR) is presently 19.83%.

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Analysts Set New Price Targets

BSVN has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their price target on shares of Bank7 from $53.00 to $52.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. Piper Sandler increased their target price on Bank7 from $53.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, January 17th.

Insider Buying and Selling at Bank7

In other news, VP Henry Litchfield sold 5,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total value of $207,700.00. Following the transaction, the vice president now directly owns 13,375 shares in the company, valued at $555,597.50. This trade represents a 27.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Douglas A. Haines acquired 1,433 shares of Bank7 stock in a transaction that occurred on Wednesday, March 5th. The shares were purchased at an average price of $39.91 per share, with a total value of $57,191.03. Following the transaction, the insider now owns 18,542 shares of the company's stock, valued at $740,011.22. The trade was a 8.38 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 41.92% of the company's stock.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.