Market Cap
US$188.6m
Last Updated
2020/02/17 01:21 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
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
-0.3%
BSVN
0.5%
US Banks
1.5%
US Market
1 Year Return
14.1%
BSVN
12.1%
US Banks
20.1%
US Market
Return vs Industry: BSVN exceeded the US Banks industry which returned 12.1% over the past year.
Return vs Market: BSVN underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| BSVN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 0.5% | 1.5% |
| 30 Day | 0.5% | -1.3% | 1.4% |
| 90 Day | -1.8% | 1.2% | 8.7% |
| 1 Year | 17.7%14.1% | 15.4%12.1% | 22.7%20.1% |
| 3 Year | n/a | 25.2%16.2% | 50.1%40.5% |
| 5 Year | n/a | 75.9%55.9% | 73.1%54.1% |
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
4 days ago | Simply Wall St
Key Things To Consider Before Buying Bank7 Corp. (NASDAQ:BSVN) For Its Dividend1 month ago | Simply Wall St
4 Days To Buy Bank7 Corp. (NASDAQ:BSVN) Before The Ex-Dividend Date3 months ago | Simply Wall St
Bank7 Corp. Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next YearValuation
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 ($18.75) 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 (23.2x) compared to the Banks industry average (12.6x).
PE vs Market: BSVN is poor value based on its PE Ratio (23.2x) compared to the US market (18.4x).
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 (1.9x) compared to the US Banks industry average (1.2x).
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 (14.5% 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 (12.1%).
Return on Equity
High ROE: BSVN's Return on Equity (8.2%) is considered low.
Return on Assets
Return on Capital Employed
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?
2.13%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BSVN's dividend (2.13%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: BSVN's dividend (2.13%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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 ($USD1.11M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 16.1yrs | US$669.90k | 28.8% $54.3m | |
| President | 2.1yrs | US$2.47m | 2.84% $5.3m | |
| Vice Chairman | 0yrs | US$462.18k | 2.25% $4.2m | |
| Senior VP & CFO | 2.1yrs | no data | 0.053% $99.9k | |
| Executive VP & Chief Credit Officer | 2.1yrs | US$7.20k | 0.45% $843.8k | |
| President of Tulsa & Director | 0.9yrs | no data | 0.020% $37.6k | |
| Regional President of Western Oklahoma & Kansas of Bank 7 | 0yrs | US$7.20k | 0.0099% $18.7k |
2.1yrs
Average Tenure
55yo
Average Age
Experienced Management: BSVN's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 16.1yrs | US$669.90k | 28.8% $54.3m | |
| President | 2.1yrs | US$2.47m | 2.84% $5.3m | |
| Vice Chairman | 0yrs | US$462.18k | 2.25% $4.2m | |
| President of Tulsa & Director | 0.9yrs | no data | 0.020% $37.6k | |
| Independent Director | 2.1yrs | US$8.00k | 0.0099% $18.7k | |
| Independent Director | 2.1yrs | US$37.40k | 0.0050% $9.4k | |
| Independent Director | 2.1yrs | US$31.80k | 0.050% $93.7k | |
| Independent Director | 2.1yrs | US$31.80k | no data | |
| Independent Director | 1.3yrs | US$6.00k | 0.020% $37.5k |
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$188.578m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BSVN | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Sep 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 01:21 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.