According to Zacks, “Bank7 Corp. is the bank holding company for Bank7, operates as a community bank. It accepts deposits and makes loans, as well as provides card facilities, investments, certification of deposits, wealth management and online banking services. Bank7 Corp. is headquartered in Oklahoma City. “
Separately, Stephens restated a buy rating and set a $24.00 price target on shares of Bank7 in a report on Monday, February 4th.
Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Bank7 had a return on equity of 28.16% and a net margin of 48.17%. The company had revenue of $10.58 million for the quarter. As a group, equities research analysts predict that Bank7 will post 1.83 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the stock. American International Group Inc. purchased a new position in Bank7 during the 4th quarter valued at about $30,000. Stifel Financial Corp boosted its position in Bank7 by 15.1% during the 4th quarter. Stifel Financial Corp now owns 23,225 shares of the company’s stock valued at $310,000 after acquiring an additional 3,043 shares in the last quarter. Mendon Capital Advisors Corp boosted its position in Bank7 by 16.5% during the 4th quarter. Mendon Capital Advisors Corp now owns 29,739 shares of the company’s stock valued at $397,000 after acquiring an additional 4,212 shares in the last quarter. Northern Trust Corp boosted its position in Bank7 by 14.0% during the 1st quarter. Northern Trust Corp now owns 35,591 shares of the company’s stock valued at $618,000 after acquiring an additional 4,381 shares in the last quarter. Finally, Deutsche Bank AG bought a new stake in Bank7 during the 4th quarter valued at approximately $59,000. Institutional investors own 29.78% of the company’s stock.
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit.
Recommended Story: Lock-Up Period Expiration
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Bank7 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank7 and related companies with MarketBeat.com's FREE daily email newsletter.