Bank7 Corp. reports Q1 net income $9.6M, EPS $1.04, NIM expands to 5.14%

Bank7 Corp.

2023-Q1 EPS reported $1.04

Net income of $9.6M, up 55.4% YoY from $6.2M; diluted EPS $1.04 vs $0.67.
Net interest margin of 5.14% compared to 4.42% a year ago; net interest income $20.0M.
Total loans of $1.3B, up 20.5% YoY; total assets $1.7B, up 16.8%.
Tier 1 leverage ratio 9.47%, well above well-capitalized minimum; minimal AOCI impact.
Record quarterly profits driven by higher interest income (+83.5%) and loan growth.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bank7 Corp. reported the quarter ended March 31, 2023 results: net income $9.6 million, EPS $1.04.

Period: the quarter ended March 31, 2023
Net income: $9.6 million
EPS: $1.04
Result: reported results

Exact text from the filing

Bank7 Corp. Announces Q1 2023 Earnings Oklahoma City, April 27, 2023 – Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0001140361-23-020750

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