earnings
confidence high
sentiment positive
materiality 0.70
Bank7 Corp. reports Q2 net income of $9.7M, EPS $1.05; record PPE up 46% YoY
Bank7 Corp.
2023-Q2 EPS reported
$2.09
- Net income $9.7M (+38.7% YoY); diluted EPS $1.05 (+38.2% YoY); total interest income $30.0M (+80.2% YoY).
- Pre-provision earnings (PPE) $13.9M (+46.4% YoY) driven by disciplined loan pricing and asset sensitivity.
- Total deposits $1.51B (+5.5% YTD); uninsured deposits 22.2% of total, with 2.04x liquidity coverage.
- Net interest margin 5.04%, stable; Bank Tier 1 leverage 9.71%, well above well-capitalized minimum.
- No share repurchases; TBV per share grew to $16.53; dividend unchanged.