Bank7 Corp.NASDAQ: BSVN

Bank7 Corp. Announces Q3 2026 Earnings

· Issued by Bank7 Corp. via PR Newswire

Key figures

  • Net income of $10.20 million compared to $8.35 million , an increase of 22.25%
  • Earnings per share of $1.06 compared to $0.87 , an increase of 21.84%
  • Total assets of $2.01 billion compared to $1.91 billion , an increase of 4.84%
  • Total loans of $1.63 billion compared to $1.60 billion , an increase of 2.22%
  • Pre-provision pre-tax earnings of $13.62 million compared to $11.02 million , an increase of 23.65%

On 6ix: 6ix.com/news/bank7-corp-announces-q3-2026-earnings-2

Watch Bank7 explain itBank7 (NASDAQ:BSVN) Q3 2026 Earnings Call · Replay · Oct 15, 2026 · From 1:57 · Quarterly Highlights and Century Merger

OKLAHOMA CITY, Oct. 15, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) (the "Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the quarter ended September 30, 2026.  "We are pleased with another quarter of strong core results, including growth in the loan book despite significant payoffs, while also maintaining a healthy pipeline of new loans. The Company continues to benefit from high capital levels, robust liquidity, a strong net interest margin, and excellent credit quality, supported by our properly matched balance sheet and our position in dynamic markets. Regarding the Century merger, we are pleased to report that in addition to receiving all regulatory approvals, the Century Financial shareholders have approved the merger, which is expected to close on November 1, 2026. The merger will extend the franchise into New Mexico and will allow the Company's proven model to leverage Century's core deposits to provide a highly accretive impact on earnings," said Thomas L. Travis, President and CEO of the Company. 

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For the three months ended September 30, 2026 compared to the three months ended June 30, 2026:

  • Net income of $10.20 million compared to $8.35 million, an increase of 22.25%
  • Earnings per share of $1.06 compared to $0.87, an increase of 21.84%
  • Total assets of $2.01 billion compared to $1.91 billion, an increase of 4.84%
  • Total loans of $1.63 billion compared to $1.60 billion, an increase of 2.22%
  • Pre-provision pre-tax earnings of $13.62 million compared to $11.02 million, an increase of 23.65%
  • Total interest income of $31.93 million compared to $30.93 million, an increase of 3.25%

Both the Bank's and the Company's capital levels continue to be significantly above the minimum levels required to be designated as "well-capitalized" for regulatory purposes. On September 30, 2026, the Bank's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.18%, and 16.31%, respectively. On September 30, 2026, on a consolidated basis, the Company's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.17%, and 16.30%, respectively. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Non-GAAP Financial Measures:This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings.  The Company's management uses this non-GAAP measure in their analysis of the Company's performance.  This measure adjusts GAAP performance to exclude from net income, income tax expense, provision for credit losses, and loss on sales and calls of available-for-sale debt securities.

For the Three Months Ended

September 30,

June 30,

2026

2026

Calculation of Pre-Provision Pre-Tax Earnings

(Dollars in thousands)

Net Income

$                   10,203

$             8,346

Income Tax Expense

3,412

2,669

Pre-tax net income

13,615

11,015

Add back: Provision for credit losses

-

-

Add back: (Gain)Loss on sales/calls of AFS debt securities

5

-

Pre-provision pre-tax earnings

$                   13,620

$           11,015

Unaudited Condensed Consolidated Balance Sheets

(Dollar amounts in thousands, except par value)

Assets

September 30, 2026(unaudited)

December 31, 2025

(Dollars in thousands)

Cash and due from banks

$               277,176

$               244,635

Interest-bearing time deposits in other banks

-

10,457

Available-for-sale debt securities (amortized cost of $51,714 and 

$57,316 at September 30, 2026 and December 31, 2025, respectively)

47,539

54,019

Loans, net of allowance for credit losses of $19,367 and

$19,407 at September 30, 2026 and December 31, 2025, respectively

1,613,521

1,587,024

Loans held for sale

2,677

2,078

Premises and equipment, net

27,131

21,884

Nonmarketable equity securities

1,376

1,165

Core deposit intangibles

658

752

Goodwill

11,208

11,208

Interest receivable and other assets

25,700

30,418

Total assets

$            2,006,986

$            1,963,640

Liabilities and Shareholders' Equity

Deposits

Noninterest-bearing

$               328,111

$               341,416

Interest-bearing

1,392,947

1,359,417

Total deposits

1,721,058

1,700,833

Income taxes payable

139

594

Interest payable and other liabilities

12,064

11,218

Total liabilities

1,733,261

1,712,645

Shareholders' equity

Common stock, $0.01 par value; 50,000,000 shares authorized; shares 

issued and outstanding: 9,525,856 and 9,462,656 at September 30, 2026

and December 31, 2025, respectively

95

95

Additional paid-in capital

104,575

103,739

Retained earnings

172,264

149,707

Accumulated other comprehensive loss

(3,209)

(2,546)

Total shareholders' equity

273,725

250,995

Total liabilities and shareholders' equity

$            2,006,986

$            1,963,640

Unaudited Condensed Consolidated Statements of Comprehensive Income

(Dollar amounts in thousands, except per share data)

Three Months Ended

Nine Months Ended

September 30,

September 30,

2026(unaudited)

2025(unaudited)

2026(unaudited)

2025(unaudited)

Interest Income

(Dollars in thousands)

Loans, including fees

$          29,513

$          30,914

$          90,105

$          87,207

Interest-bearing time deposits in other banks

9

160

160

406

Debt securities, taxable

243

266

742

827

Debt securities, tax-exempt

57

60

176

187

Other interest and dividend income

2,110

2,317

5,460

7,315

Total interest income

31,932

33,717

96,643

95,942

Interest Expense

Deposits

9,631

10,691

28,244

30,334

Total interest expense

9,631

10,691

28,244

30,334

Net Interest Income

22,301

23,026

68,399

65,608

Provision for Credit Losses

-

700

-

700

Net Interest Income After Provision for Credit Losses

22,301

22,326

68,399

64,908

Noninterest Income

Mortgage lending income

492

391

1,343

1,000

Loss on sales, prepayments, and calls of available-for-sale debt securities

(5)

(10)

(5)

(10)

Service charges on deposit accounts

235

248

699

697

Other

347

1,581

2,000

4,976

Total noninterest income

1,069

2,210

4,037

6,663

Noninterest Expense

Salaries and employee benefits

5,740

5,829

18,267

16,829

Furniture and equipment

362

342

1,126

954

Occupancy

659

668

2,069

1,890

Data and item processing

562

515

1,650

1,615

Accounting, marketing and legal fees

902

221

1,924

484

Regulatory assessments

259

248

777

545

Advertising and public relations

171

212

441

629

Travel, lodging and entertainment

185

112

359

289

Other

915

2,203

5,372

5,729

Total noninterest expense

9,755

10,350

31,985

28,964

Income Before Taxes

13,615

14,186

40,451

42,607

Income tax expense

3,412

3,342

9,896

10,322

Net Income

$          10,203

$          10,844

$          30,555

$          32,285

Earnings per common share - basic

$              1.07

$              1.15

$              3.21

$              3.42

Earnings per common share - diluted

1.06

1.13

3.18

3.38

Weighted average common shares outstanding - basic

9,524,105

9,450,984

9,511,608

9,440,655

Weighted average common shares outstanding - diluted

9,639,992

9,597,914

9,615,649

9,565,726

Other Comprehensive (Loss) Income

Unrealized (losses) gains on securities, net of tax (benefit) expense of ($209) and $223

for the three months ended September 30, 2026 and 2025, respectively; net of tax (benefit) expense

of ($214) and $642 for the nine months ended September 30, 2026 and 2025, respectively

$              (640)

$               713

$              (667)

$            1,942

Reclassification adjustment for realized losses included in net income net of tax of $1 and $2 

for the three months ended September 30, 2026 and 2025, respectively;

$1 and $2 for the nine months ended September 30, 2026 and 2025, respectively

4

8

4

8

Other comprehensive (loss) income

$              (636)

$               721

$              (663)

$            1,950

Comprehensive Income

$            9,567

$          11,565

$          29,892

$          34,235

Net Interest Margin

For the Three Months Ended September 30,

2026(unaudited)

2025(unaudited)

AverageBalance

InterestIncome/Expense

AverageYield/Rate

AverageBalance

InterestIncome/Expense

AverageYield/Rate

(Dollars in thousands)

Interest-Earning Assets:

Short-term investments

$           234,057

$        2,119

3.59 %

$           228,755

$        2,477

4.30 %

Debt securities, taxable

40,889

243

2.36

45,853

266

2.30

Debt securities, tax exempt

10,695

57

2.11

11,972

60

1.99

Loans held for sale

3,519

33

3.72

1,780

-

-

Total loans(1)

1,566,740

29,480

7.46

1,512,147

30,914

8.11

Total interest-earning assets

1,855,900

31,932

6.83

1,800,507

33,717

7.43

Noninterest-earning assets

40,508

42,578

Total assets

$        1,896,408

$        1,843,085

Funding sources:

Interest-bearing liabilities:

Deposits:

Transaction accounts

$        1,012,427

$        7,015

2.75 %

$        1,040,322

$        8,388

3.20 %

Time deposits

292,564

2,616

3.55

233,433

2,303

3.91

Total interest-bearing deposits

1,304,991

9,631

2.93

1,273,755

10,691

3.33

Total interest-bearing liabilities

$        1,304,991

9,631

2.93

$        1,273,755

10,691

3.33

Noninterest-bearing liabilities:

Noninterest-bearing deposits

$           308,711

$           320,238

Other noninterest-bearing liabilities

11,377

11,501

Total noninterest-bearing liabilities

320,088

331,739

Shareholders' equity

271,329

237,591

Total liabilities and shareholders' equity

$        1,896,408

$        1,843,085

Net interest income

$      22,301

$      23,026

Net interest spread

3.90 %

4.10 %

Net interest margin

4.77 %

5.07 %

(1)

Nonaccrual loans are included in total loans

Net Interest Margin

For the Nine Months Ended September 30,

2026(unaudited)

2025(unaudited)

AverageBalance

InterestIncome/Expense

AverageYield/Rate

AverageBalance

InterestIncome/Expense

AverageYield/Rate

(Dollars in thousands)

Interest-Earning Assets:

Short-term investments

$           209,553

$        5,620

3.59 %

$           238,118

$        7,721

4.34 %

Debt securities, taxable

42,196

742

2.35

47,248

827

2.34

Debt securities, tax exempt

10,906

176

2.16

12,327

187

2.03

Loans held for sale

2,506

93

4.96

1,453

-

-

Total loans(1)

1,583,699

90,012

7.60

1,453,557

87,207

8.02

Total interest-earning assets

1,848,860

96,643

6.99

1,752,703

95,942

7.32

Noninterest-earning assets

39,059

41,871

Total assets

$        1,887,919

$        1,794,574

Funding sources:

Interest-bearing liabilities:

Deposits:

Transaction accounts

$        1,024,563

$      20,958

2.73 %

$        1,001,583

$      23,182

3.09 %

Time deposits

273,187

7,286

3.57

235,278

7,152

4.06

Total interest-bearing deposits

1,297,750

28,244

2.91

1,236,861

30,334

3.28

Total interest-bearing liabilities

$        1,297,750

$      28,244

2.91

$        1,236,861

$      30,334

3.28

Noninterest-bearing liabilities:

Noninterest-bearing deposits

$           316,459

$           319,346

Other noninterest-bearing liabilities

10,023

10,657

Total noninterest-bearing liabilities

326,482

330,003

Shareholders' equity

263,687

227,710

Total liabilities and shareholders' equity

$        1,887,919

$        1,794,574

Net interest income

$      68,399

$      65,608

Net interest spread

4.08 %

4.04 %

Net interest margin

4.95 %

5.00 %

(1)

Nonaccrual loans are included in total loans

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its third quarter results, which will be broadcast live over the Internet, on Thursday, October 15, 2026 at 9:00 a.m. central standard time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://app.webinar.net/zy8DdJzd536. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/zy8DdJzd536 shortly after the call for 1 year.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.'s current views with respect to, among other things, future events and Bank7 Corp.'s financial performance. Any statements about Bank7 Corp.'s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "anticipate," "believes," "can," "could," "may," "predicts," "potential," "should," "will," "estimate," "plans," "projects," "continuing," "ongoing," "expects," "intends" and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon: the timing of the closing of the acquisition of Century Financial Services Corporation; the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters.  These other matters include, among other things, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators.  Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.'s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.'s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:

Thomas TravisPresident & CEO(405) 810-8600

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SOURCE Bank7 Corp.

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