NasdaqGS:BSVN

Stock Analysis Report

Executive Summary

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

Share Price & News

How has Bank7's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BSVN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.7%

BSVN

-9.0%

US Banks

-7.6%

US Market


1 Year Return

14.9%

BSVN

1.2%

US Banks

10.2%

US Market

Return vs Industry: BSVN exceeded the US Banks industry which returned 1.2% over the past year.

Return vs Market: BSVN exceeded the US Market which returned 10.2% over the past year.


Shareholder returns

BSVNIndustryMarket
7 Day-0.7%-9.0%-7.6%
30 Day-0.5%-6.9%-4.5%
90 Day-2.8%-8.9%-0.6%
1 Year18.5%14.9%4.1%1.2%12.5%10.2%
3 Yearn/a11.7%3.8%37.1%28.3%
5 Yearn/a58.4%40.5%60.8%43.2%

Price Volatility Vs. Market

How volatile is Bank7's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bank7 undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BSVN ($18.38) is trading below our estimate of fair value ($70.19)

Significantly Below Fair Value: BSVN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BSVN is poor value based on its PE Ratio (22.7x) compared to the Banks industry average (12.1x).

PE vs Market: BSVN is poor value based on its PE Ratio (22.7x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: BSVN is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BSVN is overvalued based on its PB Ratio (1.8x) compared to the US Banks industry average (1.1x).


Next Steps

Future Growth

How is Bank7 forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

37.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSVN's forecast earnings growth (37.1% per year) is above the savings rate (1.7%).

Earnings vs Market: BSVN's earnings (37.1% per year) are forecast to grow faster than the US market (13.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BSVN's revenue (7.8% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: BSVN's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BSVN's Return on Equity is forecast to be low in 3 years time (17.6%).


Next Steps

Past Performance

How has Bank7 performed over the past 5 years?

-67.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BSVN has high quality earnings.

Growing Profit Margin: BSVN's current net profit margins (18.9%) are lower than last year (61.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BSVN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: BSVN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BSVN had negative earnings growth (-67.2%) over the past year, making it difficult to compare to the Banks industry average (11.9%).


Return on Equity

High ROE: BSVN's Return on Equity (8.2%) is considered low.


Next Steps

Financial Health

How is Bank7's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BSVN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BSVN's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: BSVN's level of assets compared to its equity is low.

Allowance for Bad Loans: BSVN has a sufficient allowance for bad loans.

Low Risk Liabilities: BSVN's liabilities are made up of primarily low risk sources of funding.

Loan Level: BSVN has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BSVN's loans are broadly funded by customer deposits.

Level of Bad Loans: BSVN has an appropriate level of bad loans (0.63%)


Next Steps

Dividend

What is Bank7's current dividend yield, its reliability and sustainability?

2.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BSVN's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: BSVN's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (3.96%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether BSVN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BSVN's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.7%), BSVN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BSVN's dividends in 3 years are forecast to be well covered by earnings (19.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Tom Travis (61yo)

2.1yrs

Tenure

US$2,467,623

Compensation

Mr. Thomas L. Travis, also known as Tom, has been President, Chief Executive Officer and Director of Bank7 Corp. since 2018. Mr. Travis serves as President and Chief Executive Officer of Bank7 and has been ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD2.47M) is above average for companies of similar size in the US market ($USD1.14M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Haines
Executive Chairman of the Board16.1yrsUS$669.90k28.8% $53.2m
Thomas Travis
President2.1yrsUS$2.47m2.84% $5.2m
John Phillips
Vice Chairman0yrsUS$462.18k2.25% $4.2m
Kelly Harris
Senior VP & CFO2.1yrsno data0.053% $97.9k
Jason Estes
Executive VP & Chief Credit Officer2.1yrsUS$7.20k0.45% $827.1k
Andrew Levinson
President of Tulsa & Director0.9yrsno data0.020% $36.9k
Douglas Haines
Regional President of Western Oklahoma & Kansas of Bank 70yrsUS$7.20k0.0099% $18.4k

2.1yrs

Average Tenure

55yo

Average Age

Experienced Management: BSVN's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Haines
Executive Chairman of the Board16.1yrsUS$669.90k28.8% $53.2m
Thomas Travis
President2.1yrsUS$2.47m2.84% $5.2m
John Phillips
Vice Chairman0yrsUS$462.18k2.25% $4.2m
Andrew Levinson
President of Tulsa & Director0.9yrsno data0.020% $36.9k
William Buergler
Independent Director2.1yrsUS$8.00k0.0099% $18.4k
Gary Whitcomb
Independent Director2.1yrsUS$37.40k0.0050% $9.2k
Lonny Wilson
Independent Director2.1yrsUS$31.80k0.050% $91.9k
Charles Brown
Independent Director2.1yrsUS$31.80kno data
J. Sanner
Independent Director1.3yrsUS$6.00k0.020% $36.8k

2.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: BSVN's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.2%.


Top Shareholders

Company Information

Bank7 Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bank7 Corp.
  • Ticker: BSVN
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$184.857m
  • Shares outstanding: 10.06m
  • Website: https://www.bank7.com

Number of Employees


Location

  • Bank7 Corp.
  • 1039 NW 63rd Street
  • Oklahoma City
  • Oklahoma
  • 73116
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSVNNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 2018

Biography

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. It accepts demand, savings, checking, money market, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company also provides commercial real estate, hospitality, energy, and commercial and industrial loans; and consumer loans, such as secured and unsecured term loans and home improvement loans; and residential real estate loans, mortgage banking services, personal lines of credit, loans for the purchase of automobiles, and other installment loans, as well as ATM services. As of January 24, 2020, it operated nine locations in Oklahoma, Texas, and Kansas. The company was formerly known as Haines Financial Corp. Bank7 Corp. was founded in 2004 and is headquartered in Oklahoma City, Oklahoma. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 02:47
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.