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Bank7 (BSVN)
NASDAQ:BSVN
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.05Last Year’s EPS
$0.12Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 11, 2024
|% Change Since: 18.37%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Positive
The earnings call was largely positive, with significant achievements in earnings, EPS, liquidity, and loan growth. However, there were concerns about non-performing assets and future deposit rate management.Company Guidance
During Bank7's Q3 2024 earnings call, the management expressed optimism despite geopolitical and economic uncertainties, highlighting robust financial health with record earnings and EPS achieved through normal operations. They emphasized the bank's strong liquidity position, supported by two significant backstops: the longstanding FHLB and a new Fed facility, which bolsters their capacity in stress scenarios. The bank reported continued loan growth within their target range, aiming for moderate to high single-digit growth for the year, while maintaining a disciplined approach to credit quality. Capital levels were highlighted as a key strength, leading to a significant increase in cash dividends, yet keeping the payout ratio around 20%, well below the industry average of 35%. Management also discussed strategic M&A opportunities, leveraging their strong public currency and performance, aiming for partnerships that align culturally and offer core funding advantages. Additionally, they maintained confidence in managing net interest margin within historical ranges, noting the bank's ability to navigate interest rate changes effectively.Record Earnings and EPS
Achieved record earnings and EPS for the recent quarter and year-to-date results, driven by strong earnings and capital levels without relying on share buybacks.
Strong Liquidity Position
Enhanced liquidity position by adding a second liquidity backstop, the new Fed facility, alongside the existing FHLB.
Disciplined Approach to Balance Sheet Management
Maintained a properly matched balance sheet through rate cycles, contributing to strong financial results.
Large Increase to Cash Dividend
Increased cash dividend significantly, with a payout ratio in the 20% range, below the industry average of 35%.
Strong Loan Growth
Achieved high single-digit loan growth for the year, with expectations to continue at a similar pace.
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BSVN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BSVN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 11, 2024 | $37.29 | $39.79 | +6.70% |
| Jul 11, 2024 | $31.16 | $32.90 | +5.58% |
| Apr 12, 2024 | $26.42 | $26.98 | +2.12% |
| Jan 29, 2024 | $24.26 | $25.94 | +6.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bank7 (BSVN) report earnings?
Bank7 (BSVN) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Bank7 (BSVN) earnings time?
Bank7 (BSVN) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BSVN EPS forecast?
BSVN EPS forecast for the fiscal quarter 2024 (Q4) is $1.05.
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