earnings
confidence high
sentiment positive
materiality 0.75
Bank7 Corp. reports record Q2 net income of $7.0M and EPS of $0.76, up 13.5% QoQ
Bank7 Corp.
2022-Q2 EPS reported
$1.44
- Net income $7.0M (diluted EPS $0.76) vs. $6.2M in Q1, up 13.5%; record levels.
- Total loans grew to $1.2B, up 8.5% QoQ; core loans increased record $94.78M or 9.05%.
- Net interest margin improved 13 bps to 4.47% on asset-sensitive balance sheet and loan growth.
- Successfully integrated Cornerstone Bank acquisition; deposit base grown since closing.
- All capital ratios exceed well-capitalized thresholds; Tier 1 leverage 8.97%.