Bank7 Corp. Announces Q3 2026 Earnings

Century merger approvals are complete; Bank7 expects the transaction to add to earnings by using Century's core deposits.

Rhea-AI Summary

Bank7 (NASDAQ: BSVN) reported third-quarter 2026 net income of $10.20 million, improving from the preceding quarter but below a year earlier. Diluted earnings per share were $1.06, versus $0.87 in the second quarter and $1.13 a year earlier. Net income rose 22.25% sequentially, compared with $10.84 million in third-quarter 2025.

Total loans reached $1.63 billion, up 2.22% sequentially, while assets increased 4.84% to $2.01 billion. Quarterly net interest income fell to $22.301 million from $23.026 million a year earlier. Noninterest income also declined, while noninterest expense decreased. Nine-month net income was $30.555 million, versus $32.285 million.

The Century Financial merger has received all regulatory approvals and Century shareholder approval. Bank7 expects closing on November 1, 2026, extending its franchise into New Mexico.

18 points · 0 major

MixediHow this balance works

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 10 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointQ3 net income rose 22.25% sequentially to $10.20 million, but fell from $10.84 million a year earlier.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Century merger received all regulatory approvals and Century shareholder approval; closing is expected November 1, 2026.
• Moderate pointTotal loans increased 2.22% sequentially to $1.63 billion.
• Moderate pointNon-GAAP pre-provision pre-tax earnings rose 23.65% sequentially to $13.62 million.
• Minor pointDiluted EPS increased to $1.06 from $0.87 sequentially, but declined from $1.13 a year earlier.

13 minor points

• Minor point. Forward-looking: it has not happened yet and may not happen.New Mexico expansion is planned through Century; Bank7 expects its core deposits to support earnings accretion.
• Minor pointTotal assets increased 4.84% sequentially to $2.01 billion.
• Minor pointQ3 interest income rose 3.25% sequentially to $31.93 million, but fell from $33.717 million a year earlier.
• Minor pointQ3 deposit interest expense fell to $9.631 million from $10.691 million a year earlier.
• Minor pointQ3 noninterest expense declined to $9.755 million from $10.350 million a year earlier.
• Minor pointCredit-loss provisions were zero for Q3 and nine months, versus $700,000 in each prior-year period.
• Minor pointNine-month net interest income increased to $68.399 million from $65.608 million a year earlier.
• Minor pointNine-month interest income increased to $96.643 million from $95.942 million a year earlier.
• Minor pointNine-month deposit interest expense decreased to $28.244 million from $30.334 million a year earlier.
• Minor pointTotal deposits reached $1.721058 billion at September 30, versus $1.700833 billion at December 31, 2025.
• Minor pointShareholders' equity increased to $273.725 million at September 30 from $250.995 million at December 31, 2025.
• Minor pointCash and due from banks rose to $277.176 million from $244.635 million at December 31, 2025.
• Minor pointCapital levels at both Bank7 and its bank remained above regulatory well-capitalized minimums.

Negative

• Moderate pointNine-month net income declined to $30.555 million from $32.285 million a year earlier.
• Moderate pointQ3 net interest income declined to $22.301 million from $23.026 million a year earlier.
• Moderate pointNine-month noninterest expense rose to $31.985 million from $28.964 million a year earlier.
• Moderate pointAverage loan yield fell to 7.46% in Q3 from 8.11% a year earlier.
• Minor pointNine-month diluted EPS fell to $3.18 from $3.38 a year earlier.

5 minor points

• Minor pointQ3 noninterest income fell to $1.069 million from $2.210 million a year earlier.
• Minor pointNine-month noninterest income declined to $4.037 million from $6.663 million a year earlier.
• Minor pointNoninterest-bearing deposits decreased to $328.111 million at September 30 from $341.416 million at December 31, 2025.
• Minor pointOther comprehensive loss was $636,000 in Q3, versus $721,000 income a year earlier.
• Minor pointNine-month other comprehensive loss was $663,000, versus $1.950 million income a year earlier.

News Explained

Bank7 reported 9,525,856 shares issued and outstanding on September 30, 2026, versus 9,462,656 on December 31, 2025; for holders whose share counts did not change, the larger total means a smaller ownership percentage.

Key Figures

Net income: $10.20 million vs. $8.35 million; increase of 22.25% Earnings per share: $1.06 vs. $0.87; increase of 21.84% Pre-provision pre-tax earnings: $13.62 million vs. $11.02 million; increase of 23.65% +5 more

Net income

$10.20 million vs. $8.35 million; increase of 22.25%

Q3 2026 vs. Q2 2026

Earnings per share

$1.06 vs. $0.87; increase of 21.84%

Q3 2026 vs. Q2 2026

Pre-provision pre-tax earnings

$13.62 million vs. $11.02 million; increase of 23.65%

Q3 2026 vs. Q2 2026

Total assets

$2.01 billion vs. $1.91 billion; increase of 4.84%

September 30, 2026 vs. June 30, 2026

Total loans

$1.63 billion vs. $1.60 billion; increase of 2.22%

September 30, 2026 vs. June 30, 2026

Net income

$10,203 thousand vs. $10,844 thousand

Three months ended September 30, 2026 vs. September 30, 2025

Diluted earnings per share

$1.06 vs. $1.13

Three months ended September 30, 2026 vs. September 30, 2025

Expected merger closing

November 1, 2026

Century merger; regulatory approvals and Century shareholder approval reported

Previous Earnings Reports

1 past event · Latest: Jul 16

Same Type 1 event

1. Jul 16

   Earnings report

   24h Move

   -2.5%

   Q2 net income and diluted EPS were lower year over year, establishing the prior-quarter earnings baseline.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

pre-provision pre-tax earnings, non-gaap financial measure, tier 1 leverage ratio, tier 1 risk-based capital ratio, +1 more

5 terms

pre-provision pre-tax earnings financial

"Pre-provision pre-tax earnings of $13.62 million compared to $11.02 million"

Pre-provision pre-tax earnings is a bank’s profit measure that shows how much money the business generates from normal operations before it sets aside funds for potential loan losses and before paying taxes. Investors use it like a clean snapshot of a bank’s underlying performance—similar to judging a store’s sales and operating profit before accounting for a rainy-day reserve—because it helps compare core profitability without the ups and downs of credit loss provisions and tax effects.

non-gaap financial measure financial

"This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings."

A non-GAAP financial measure is a way companies present their financial results that excludes certain expenses or income to show how they believe their core business is performing. It matters because it can give a clearer picture of how the company is really doing, but it can also be used to make results look better than they actually are.

tier 1 leverage ratio regulatory

"the Bank's Tier 1 leverage ratio, Tier 1 risk-based capital ratio"

Tier 1 leverage ratio measures a bank’s core capital — the money that can absorb losses — as a share of its total assets, showing how much of its balance sheet is funded by real loss-absorbing capital rather than borrowed money. Investors use it like a safety gauge: a higher ratio means a bigger cushion against shocks and lower risk of insolvency, similar to how a thicker spare tire reduces the chance of being stranded.

tier 1 risk-based capital ratio regulatory

"Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios"

A Tier 1 risk-based capital ratio measures a bank’s core financial cushion—its highest-quality capital such as common equity—relative to the size and risk of its assets, where riskier loans count for more. Think of it as the safety margin a bank keeps against losses compared to the amount and riskiness of what it owns; investors use it to judge a bank’s solvency, regulatory strength, and ability to withstand shocks or sustain payouts.

available-for-sale debt securities financial

"loss on sales and calls of available-for-sale debt securities"

A type of debt investment—like bonds or loans a company buys—that the company intends to hold for a while but may sell before it matures. Think of it as lending money with the option to sell the IOU; changes in its market value alter the company’s reported net worth now but usually don’t affect reported profit until the investment is actually sold, so investors watch these holdings for balance-sheet risk and potential future gains or losses.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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OKLAHOMA CITY, Oct. 15, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) (the "Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the quarter ended September 30, 2026.  "We are pleased with another quarter of strong core results, including growth in the loan book despite significant payoffs, while also maintaining a healthy pipeline of new loans. The Company continues to benefit from high capital levels, robust liquidity, a strong net interest margin, and excellent credit quality, supported by our properly matched balance sheet and our position in dynamic markets. Regarding the Century merger, we are pleased to report that in addition to receiving all regulatory approvals, the Century Financial shareholders have approved the merger, which is expected to close on November 1, 2026. The merger will extend the franchise into New Mexico and will allow the Company's proven model to leverage Century's core deposits to provide a highly accretive impact on earnings," said Thomas L. Travis, President and CEO of the Company. 

For the three months ended September 30, 2026 compared to the three months ended June 30, 2026:

• Net income of $10.20 million compared to $8.35 million, an increase of 22.25%
• Earnings per share of $1.06 compared to $0.87, an increase of 21.84%
• Total assets of $2.01 billion compared to $1.91 billion, an increase of 4.84%
• Total loans of $1.63 billion compared to $1.60 billion, an increase of 2.22%
• Pre-provision pre-tax earnings of $13.62 million compared to $11.02 million, an increase of 23.65%
• Total interest income of $31.93 million compared to $30.93 million, an increase of 3.25%

Both the Bank's and the Company's capital levels continue to be significantly above the minimum levels required to be designated as "well-capitalized" for regulatory purposes. On September 30, 2026, the Bank's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.18%, and 16.31%, respectively. On September 30, 2026, on a consolidated basis, the Company's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.17%, and 16.30%, respectively. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Non-GAAP Financial Measures:
This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings.  The Company's management uses this non-GAAP measure in their analysis of the Company's performance.  This measure adjusts GAAP performance to exclude from net income, income tax expense, provision for credit losses, and loss on sales and calls of available-for-sale debt securities.

					For the Three Months Ended
					September 30,		June 30,
					2026		2026
Calculation of Pre-Provision Pre-Tax Earnings					(Dollars in thousands)
Net Income					$                   10,203		$             8,346
Income Tax Expense					3,412		2,669
Pre-tax net income					13,615		11,015
Add back: Provision for credit losses					-		-
Add back: (Gain)Loss on sales/calls of AFS debt securities					5		-
Pre-provision pre-tax earnings					$                   13,620		$           11,015

 

Unaudited Condensed Consolidated Balance Sheets
(Dollar amounts in thousands, except par value)
Assets	September 30, 2026 (unaudited)		December 31, 2025
	(Dollars in thousands)
Cash and due from banks	$               277,176		$               244,635
Interest-bearing time deposits in other banks	-		10,457
Available-for-sale debt securities (amortized cost of $51,714 and
$57,316 at September 30, 2026 and December 31, 2025, respectively)	47,539		54,019
Loans, net of allowance for credit losses of $19,367 and
$19,407 at September 30, 2026 and December 31, 2025, respectively	1,613,521		1,587,024
Loans held for sale	2,677		2,078
Premises and equipment, net	27,131		21,884
Nonmarketable equity securities	1,376		1,165
Core deposit intangibles	658		752
Goodwill	11,208		11,208
Interest receivable and other assets	25,700		30,418
Total assets	$            2,006,986		$            1,963,640
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing	$               328,111		$               341,416
Interest-bearing	1,392,947		1,359,417
Total deposits	1,721,058		1,700,833
Income taxes payable	139		594
Interest payable and other liabilities	12,064		11,218
Total liabilities	1,733,261		1,712,645
Shareholders' equity
Common stock, $0.01 par value; 50,000,000 shares authorized; shares
issued and outstanding: 9,525,856 and 9,462,656 at September 30, 2026
and December 31, 2025, respectively	95		95
Additional paid-in capital	104,575		103,739
Retained earnings	172,264		149,707
Accumulated other comprehensive loss	(3,209)		(2,546)
Total shareholders' equity	273,725		250,995
Total liabilities and shareholders' equity	$            2,006,986		$            1,963,640

 

Unaudited Condensed Consolidated Statements of Comprehensive Income
(Dollar amounts in thousands, except per share data)
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2026 (unaudited)		2025 (unaudited)		2026 (unaudited)		2025 (unaudited)
Interest Income		(Dollars in thousands)
Loans, including fees		$          29,513		$          30,914		$          90,105		$          87,207
Interest-bearing time deposits in other banks		9		160		160		406
Debt securities, taxable		243		266		742		827
Debt securities, tax-exempt		57		60		176		187
Other interest and dividend income		2,110		2,317		5,460		7,315
Total interest income		31,932		33,717		96,643		95,942
Interest Expense
Deposits		9,631		10,691		28,244		30,334
Total interest expense		9,631		10,691		28,244		30,334
Net Interest Income		22,301		23,026		68,399		65,608
Provision for Credit Losses		-		700		-		700
Net Interest Income After Provision for Credit Losses		22,301		22,326		68,399		64,908
Noninterest Income
Mortgage lending income		492		391		1,343		1,000
Loss on sales, prepayments, and calls of available-for-sale debt securities		(5)		(10)		(5)		(10)
Service charges on deposit accounts		235		248		699		697
Other		347		1,581		2,000		4,976
Total noninterest income		1,069		2,210		4,037		6,663
Noninterest Expense
Salaries and employee benefits		5,740		5,829		18,267		16,829
Furniture and equipment		362		342		1,126		954
Occupancy		659		668		2,069		1,890
Data and item processing		562		515		1,650		1,615
Accounting, marketing and legal fees		902		221		1,924		484
Regulatory assessments		259		248		777		545
Advertising and public relations		171		212		441		629
Travel, lodging and entertainment		185		112		359		289
Other		915		2,203		5,372		5,729
Total noninterest expense		9,755		10,350		31,985		28,964
Income Before Taxes		13,615		14,186		40,451		42,607
Income tax expense		3,412		3,342		9,896		10,322
Net Income		$          10,203		$          10,844		$          30,555		$          32,285
Earnings per common share - basic		$              1.07		$              1.15		$              3.21		$              3.42
Earnings per common share - diluted		1.06		1.13		3.18		3.38
Weighted average common shares outstanding - basic		9,524,105		9,450,984		9,511,608		9,440,655
Weighted average common shares outstanding - diluted		9,639,992		9,597,914		9,615,649		9,565,726
Other Comprehensive (Loss) Income
Unrealized (losses) gains on securities, net of tax (benefit) expense of ($209) and $223
for the three months ended September 30, 2026 and 2025, respectively; net of tax (benefit) expense
of ($214) and $642 for the nine months ended September 30, 2026 and 2025, respectively		$              (640)		$               713		$              (667)		$            1,942
Reclassification adjustment for realized losses included in net income net of tax of $1 and $2
for the three months ended September 30, 2026 and 2025, respectively;
$1 and $2 for the nine months ended September 30, 2026 and 2025, respectively		4		8		4		8
Other comprehensive (loss) income		$              (636)		$               721		$              (663)		$            1,950
Comprehensive Income		$            9,567		$          11,565		$          29,892		$          34,235

 

		Net Interest Margin
		For the Three Months Ended September 30,
		2026 (unaudited)						2025 (unaudited)
		Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
		(Dollars in thousands)
Interest-Earning Assets:
Short-term investments		$           234,057		$        2,119		3.59 %		$           228,755		$        2,477		4.30 %
Debt securities, taxable		40,889		243		2.36		45,853		266		2.30
Debt securities, tax exempt		10,695		57		2.11		11,972		60		1.99
Loans held for sale		3,519		33		3.72		1,780		-		-
Total loans(1)		1,566,740		29,480		7.46		1,512,147		30,914		8.11
Total interest-earning assets		1,855,900		31,932		6.83		1,800,507		33,717		7.43
Noninterest-earning assets		40,508						42,578
Total assets		$        1,896,408						$        1,843,085
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts		$        1,012,427		$        7,015		2.75 %		$        1,040,322		$        8,388		3.20 %
Time deposits		292,564		2,616		3.55		233,433		2,303		3.91
Total interest-bearing deposits		1,304,991		9,631		2.93		1,273,755		10,691		3.33
Total interest-bearing liabilities		$        1,304,991		9,631		2.93		$        1,273,755		10,691		3.33
Noninterest-bearing liabilities:
Noninterest-bearing deposits		$           308,711						$           320,238
Other noninterest-bearing liabilities		11,377						11,501
Total noninterest-bearing liabilities		320,088						331,739
Shareholders' equity		271,329						237,591
Total liabilities and shareholders' equity		$        1,896,408						$        1,843,085
Net interest income				$      22,301						$      23,026
Net interest spread						3.90 %						4.10 %
Net interest margin						4.77 %						5.07 %

(1)	Nonaccrual loans are included in total loans

 

		Net Interest Margin
		For the Nine Months Ended September 30,
		2026 (unaudited)						2025 (unaudited)
		Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
		(Dollars in thousands)
Interest-Earning Assets:
Short-term investments		$           209,553		$        5,620		3.59 %		$           238,118		$        7,721		4.34 %
Debt securities, taxable		42,196		742		2.35		47,248		827		2.34
Debt securities, tax exempt		10,906		176		2.16		12,327		187		2.03
Loans held for sale		2,506		93		4.96		1,453		-		-
Total loans(1)		1,583,699		90,012		7.60		1,453,557		87,207		8.02
Total interest-earning assets		1,848,860		96,643		6.99		1,752,703		95,942		7.32
Noninterest-earning assets		39,059						41,871
Total assets		$        1,887,919						$        1,794,574
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts		$        1,024,563		$      20,958		2.73 %		$        1,001,583		$      23,182		3.09 %
Time deposits		273,187		7,286		3.57		235,278		7,152		4.06
Total interest-bearing deposits		1,297,750		28,244		2.91		1,236,861		30,334		3.28
Total interest-bearing liabilities		$        1,297,750		$      28,244		2.91		$        1,236,861		$      30,334		3.28
Noninterest-bearing liabilities:
Noninterest-bearing deposits		$           316,459						$           319,346
Other noninterest-bearing liabilities		10,023						10,657
Total noninterest-bearing liabilities		326,482						330,003
Shareholders' equity		263,687						227,710
Total liabilities and shareholders' equity		$        1,887,919						$        1,794,574
Net interest income				$      68,399						$      65,608
Net interest spread						4.08 %						4.04 %
Net interest margin						4.95 %						5.00 %

(1)	Nonaccrual loans are included in total loans

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 locations 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 pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its third quarter results, which will be broadcast live over the Internet, on Thursday, October 15, 2026 at 9:00 a.m. central standard time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://app.webinar.net/zy8DdJzd536. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/zy8DdJzd536 shortly after the call for 1 year.

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 timing of the closing of the acquisition of Century Financial Services Corporation; 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Bank7's third-quarter 2026 earnings?

Bank7 reported $10.20 million in net income and $1.06 in diluted earnings per share. These compared with $8.35 million and $0.87 in the preceding quarter, and $10.84 million and $1.13 a year earlier.

When does Bank7 expect the Century Financial merger to close?

Bank7 expects the Century Financial merger to close on November 1, 2026. All regulatory approvals and Century Financial shareholder approval have been received. The merger will extend Bank7's franchise into New Mexico.

What were Bank7's regulatory capital ratios at September 30, 2026?

Bank7's consolidated Tier 1 leverage, Tier 1 risk-based capital and total risk-based capital ratios were 14.12%, 15.17% and 16.30%, respectively. The bank subsidiary's corresponding ratios were 14.12%, 15.18% and 16.31%. Both remained above regulatory well-capitalized minimums; that designation is not a regulatory endorsement.

How does Bank7 calculate pre-provision pre-tax earnings?

Bank7 calculates this non-GAAP measure by adjusting net income to exclude income tax expense, credit-loss provisions and losses on sales and calls of available-for-sale debt securities. Third-quarter 2026 pre-provision pre-tax earnings were $13.620 million, compared with $11.015 million in the preceding quarter.