Bank7 Corp. Announces an 11.11% Quarterly Dividend Increase; Its Seventh Consecutive Annual Dividend Increase

Rhea-AI Summary

Bank7 Corp. (NASDAQ: BSVN) announced that its Board has raised the quarterly cash dividend to $0.30 per common share, up from $0.27, an 11.11% increase and the company’s seventh consecutive annual dividend increase. The dividend is payable on October 8, 2026 to shareholders of record on September 18, 2026. According to Bank7, the payout ratio remains below industry averages while earnings growth has supported an annual average double-digit dividend increase over the same period.

Positive

• Quarterly dividend raised to $0.30 from $0.27 per share, +11.11%
• Seventh consecutive year of annual increases in BSVN’s quarterly dividend
• Dividend payment date set for October 8, 2026
• Payout ratio remains below industry averages, according to Bank7

Negative

• None.

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OKLAHOMA CITY, Aug. 20, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7 (the "Company"), is pleased to announce that its Board of Directors has declared an increase to its quarterly cash dividend to $0.30 per common share from the current $0.27 per common share. This dividend represents an 11.11% increase to the current dividend and is the seventh consecutive annual increase in BSVN's quarterly cash dividend. The dividend will be paid on October 8, 2026 to shareholders of record as of the close of business on September 18, 2026.

Thomas L. Travis, President and CEO of the Company said, "Today's announcement of an 11.11% increase to our quarterly dividend represents not only our seventh consecutive annual dividend increase but also an annual average double-digit percentage increase to our dividend over the same period, both of which evidence the consistent strength and growth of our earnings.  Importantly, even with the increase, our dividend payout ratio remains below industry averages, allowing us to continue building capital and maximizing shareholder returns, while also providing an attractive dividend yield."

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve full-service branches in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent, and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursuing strategic acquisitions.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.'s current views with respect to, among other things, future events and Bank7 Corp.'s financial performance. Any statements about Bank7 Corp.'s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "anticipate," "believes," "can," "could," "may," "predicts," "potential," "should," "will," "estimate," "plans," "projects," "continuing," "ongoing," "expects," "intends" and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon:  the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters.  These other matters include, among other things, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.'s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.'s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:

Thomas Travis
President & CEO
(405) 810-8600

 

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SOURCE Bank7 Corp.

FAQ

What dividend increase did Bank7 Corp (NASDAQ: BSVN) announce on August 20, 2026?

Bank7 announced an 11.11% increase in its quarterly cash dividend, raising it from $0.27 to $0.30 per common share. According to Bank7, this continues a pattern of annual average double-digit percentage dividend increases over the same multi-year period.

When will Bank7 Corp (BSVN) pay its new $0.30 quarterly dividend?

The new $0.30 quarterly dividend will be paid on October 8, 2026. According to Bank7, shareholders of record as of the close of business on September 18, 2026 will be eligible to receive this increased cash dividend payment.

How many consecutive years has Bank7 Corp (BSVN) increased its quarterly dividend?

Bank7 has increased its quarterly cash dividend for seven consecutive years. According to Bank7, the latest 11.11% increase also reflects an annual average double-digit percentage rise in the dividend over this period, supported by the consistency of its earnings growth.

What does Bank7 Corp say about its dividend payout ratio after the 2026 increase?

Bank7 states that its dividend payout ratio remains below industry averages even after the increase. According to Bank7, this lower payout ratio supports ongoing capital building, aims to maximize shareholder returns, and is intended to maintain an attractive dividend yield for BSVN investors.

What are the record date and ex-dividend implications for Bank7 Corp (BSVN) shareholders?

Shareholders must be on record by the close of business September 18, 2026 to receive the dividend. According to Bank7, investors purchasing BSVN on or after the ex-dividend date, typically before the record date, will not be entitled to the October 8, 2026 payment.