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

Bank7 (NASDAQ:BSVN) released its quarterly earnings results on Thursday. The company reported $1.16 EPS for the quarter, beating the consensus estimate 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 Price Performance

Shares of NASDAQ BSVN opened at $50.26 on Thursday. Bank7 has a fifty-two week low of $24.45 and a fifty-two week high of $50.26. The firm has a market capitalization of $469.43 million, a P/E ratio of 13.23 and a beta of 1.47. The company’s 50 day simple moving average is $45.98 and its 200 day simple moving average is $41.19.

Bank7 Announces Dividend

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

Analyst Upgrades and Downgrades

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

Bank7 Company Profile

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.