Bank7 Q4 net income $5.7M (+20% YoY); full-year EPS $2.56 (+24.75%)

Bank7 Corp.

2021-FY EPS reported $2.55

Q4 net income $5.7M vs $4.7M, EPS $0.63 vs $0.52; both up ~20% YoY.
Full-year net income $23.2M (+20.2%); total assets $1.4B (+32.8%), deposits $1.2B (+34.5%).
Completed Cornerstone Bank acquisition Dec 9, 2021; adjusted EPS $2.61, adjusted TBV per share $13.95.
Pre-tax pre-provision earnings $35.1M (+12.3% YoY); efficiency ratio 34.84% vs peer avg 61.23%.
Bank's Tier 1 leverage ratio 10.46%; all capital ratios well above well-capitalized minimums.

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