Bank7 (NASDAQ:BSVN) Announces Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Bank7 (NASDAQ:BSVN) released its quarterly earnings data on Thursday. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.11, Zacks reports. Bank7 had a net margin of 24.22% and a return on equity of 19.13%.

Bank7 Stock Up 9.3 %

Shares of BSVN stock opened at $50.26 on Thursday. The company has a market capitalization of $469.43 million, a P/E ratio of 13.23 and a beta of 1.47. Bank7 has a 12-month low of $24.45 and a 12-month high of $50.26. The firm has a 50-day moving average price of $45.98 and a 200 day moving average price of $41.19.

Bank7 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 20th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Friday, December 20th. Bank7’s payout ratio is 25.26%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upped their price objective on Bank7 from $45.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th.

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.