Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 80,300 shares, a decrease of 11.4% from the January 15th total of 90,600 shares. Based on an average daily volume of 26,000 shares, the short-interest ratio is currently 3.1 days. Approximately 2.1% of the company’s stock are short sold.

Institutional Trading of Bank7

Several large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its holdings in Bank7 by 17.9% in the 4th quarter. BNP Paribas Financial Markets now owns 1,773 shares of the company’s stock worth $83,000 after purchasing an additional 269 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of Bank7 by 9.1% in the fourth quarter. Hillsdale Investment Management Inc. now owns 6,000 shares of the company’s stock worth $280,000 after buying an additional 500 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Bank7 by 30.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,333 shares of the company’s stock worth $109,000 after buying an additional 540 shares during the period. R Squared Ltd bought a new position in Bank7 in the 4th quarter worth $30,000. Finally, Copeland Capital Management LLC acquired a new position in Bank7 during the 3rd quarter worth $48,000. Institutional investors own 23.48% of the company’s stock.

Bank7 Stock Down 0.1 %

Shares of BSVN traded down $0.03 during midday trading on Monday, reaching $43.17. 8,657 shares of the stock were exchanged, compared to its average volume of 20,641. The company has a market cap of $403.21 million, a price-to-earnings ratio of 8.92 and a beta of 1.46. Bank7 has a 12-month low of $26.07 and a 12-month high of $50.26. The firm has a 50 day simple moving average of $44.31 and a 200-day simple moving average of $42.38.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. Research analysts expect that Bank7 will post 4.06 earnings per share for the current fiscal year.

Bank7 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were given a $0.24 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Bank7’s dividend payout ratio is currently 19.83%.

Analyst Ratings Changes

Several research firms recently commented on BSVN. Keefe, Bruyette & Woods decreased their price target on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a report on Friday, January 17th. Piper Sandler boosted their price target on shares of Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, January 17th.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.