Bank7 Corp (NASDAQ:BSVN) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 22,800 shares, a drop of 8.1% from the April 30th total of 24,800 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 4.3 days.
Shares of NASDAQ:BSVN traded up $0.10 during midday trading on Wednesday, hitting $16.95. 4,200 shares of the stock were exchanged, compared to its average volume of 10,745. Bank7 has a 52-week low of $10.85 and a 52-week high of $20.74. The firm has a market cap of $170.64 million and a price-to-earnings ratio of 6.95.
Bank7 (NASDAQ:BSVN) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.05. Bank7 had a return on equity of 28.16% and a net margin of 48.17%. The business had revenue of $10.58 million during the quarter. On average, sell-side analysts anticipate that Bank7 will post 1.88 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded Bank7 from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Monday, March 11th.
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.
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