Bank7 Stock Price, News & Analysis

Bank7 Corp. (NASDAQ: BSVN) will release its first-quarter financial results for the period ending March 31, 2022, before the market opens on April 26, 2022. A conference call will follow at 3:00 p.m. CST the same day for investors to discuss the results. Interested parties can join the call by dialing 1-888-348-6421 or via the provided webcast link. Bank7 operates twelve locations across Oklahoma, Texas, and Kansas, focusing on providing tailored financial products to business owners and entrepreneurs, with plans for selective branch openings and strategic acquisitions.

Bank7 Corp. (NASDAQ: BSVN), based in Oklahoma City, has declared a quarterly cash dividend of $0.12 per share on its common stock. This dividend is set to be paid on April 7, 2022, to shareholders of record by the close of business on March 23, 2022. The company operates twelve full-service branches across Oklahoma, Texas, and Kansas, focusing on serving business owners with tailored financial products. The announcement reflects Bank7's ongoing commitment to shareholder returns and financial strength.

Bank7 Corp. has appointed Ed Gray to its Board of Directors, enhancing its governance with strong leadership in finance and healthcare. Gray brings over 30 years of executive experience, previously serving as President/CEO of Healthcare Partners Investments and holding roles in major healthcare organizations. Bank7 operates twelve locations across Oklahoma, Texas, and Kansas with approximately $1.4 billion in assets and is ranked as a top-performing community bank in the U.S. under the ticker BSVN.

Bank7 Corp. (NASDAQ: BSVN) reported record financial results for Q4 and the year ended December 31, 2021. Net income rose to $5.7 million, a 20% increase year-over-year, with total assets reaching $1.4 billion, up 32.8%. Total deposits also grew by 34.5%, reaching $1.2 billion. For the entire year, net income was $23.2 million, a 20.2% rise compared to the previous year. Both Bank and Company capital ratios remain well above regulatory requirements. The CEO expressed optimism for maximizing shareholder value in 2022.

Bank7 Corp. (NASDAQ: BSVN) will publish its fourth quarter and full year 2021 financial results on January 28, 2022, before market open. A conference call to discuss these results will occur on the same day at 2:00 p.m. CST. Investors can participate by calling 1-888-348-6421 or via live webcast. Bank7 Corp. operates in Oklahoma and Texas, focusing on providing tailored loan and deposit products for business owners. The company aims for organic growth through new branch openings and strategic acquisitions.

Bank7 Corp. (NASDAQ: BSVN) has successfully completed its acquisition of Watonga Bancshares, Inc., enhancing its presence in the Oklahoma City market. The acquisition adds three branches, bringing the total to 12, and increases total assets by $254 million to $1.4 billion. Additionally, total deposits rose by $228 million to $1.2 billion, and total loans increased by $118 million to $1 billion as of September 30, 2021. This strategic move aims to serve new customers and meet financial goals, according to President & CEO Thomas L. Travis.

Bank7 Corp. (NASDAQ: BSVN) announced a secondary offering of 1,000,000 shares of common stock priced at $22.00 per share, initiated by the William B. Haines Financial Services Trust. The offering, set to close on December 14, 2021, allows underwriters a 30-day option to purchase an additional 150,000 shares. The company will not sell any shares, nor will it receive proceeds from the offering. Costs related to the sale will be covered by Bank7, excluding underwriting discounts.

Bank7 Corp. (NASDAQ: BSVN) announced a $0.12 quarterly cash dividend, marking a 10% increase and the second consecutive annual rise. The dividend will be paid on January 7, 2022, to shareholders of record by December 23, 2021. CEO Thomas L. Travis highlighted this decision as a reflection of the company's strong earnings and capital position, emphasizing the commitment to returning value to shareholders.