earnings
confidence high
sentiment positive
materiality 0.75
Bank7 reports record FY2022 net income $29.6M; EPS $3.22 (+26%), dividend raised 33%
Bank7 Corp.
2022-FY EPS reported
$3.22
- FY2022 net income $29.6M, +28% YoY; EPS $3.22, +26%; Q4 EPS $0.91, +5% sequentially.
- Total loans $1.3B, +23.5% YoY; core loan growth driven by organic expansion and Watonga integration.
- Net interest margin (ex-fees) rose 27 bps in Q4; net interest income $69.4M, +30% for the year.
- Quarterly dividend increased 33% — third consecutive yearly increase; capital ratios well above well-capitalized.
- No share repurchases in 2022; EPS growth driven by earnings; Tier 1 leverage 9.19%.