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Bank7 Corp. Q4 Profit, Interest Income Rise

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Bank7 Corp. (BSVN) Thursday reported net income of $11.11 million or $1.16 per share for the fourth quarter, significantly higher than $1.07 million or $0.12 per share in the same quarter a year ago, primarily in the absence of provision for credit losses in the latest quarter.

Provision for credit losses in the previous-year quarter was $15.5 million.

Net interest income was $21.74 million, slightly higher than $21.29 million in the previous year.

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