Bank7 Corp. (BSVN) released a profit for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $10.3 million, or $1.08 per share. This compares with $11.3 million, or $1.21 per share, last year.
Analysts on average had expected the company to earn $0.99 per share. Analysts' estimates typically exclude special items.
Bank7 Corp. earnings at a glance (GAAP) :
-Earnings: $10.3 Mln. vs. $11.3 Mln. last year.
-EPS: $1.08 vs. $1.21 last year.
For the first quarter, the lender reported a net interest income of $20.838 million, less than $22.010 million recorded for the same period last year. Total non-interest income was $1.757 million, down from the prior year’s $2 million.
Deposits stood at $9.600 million as against $11.277 million in 2024.
Total loans were $1.4 billion, compared with $1.4 billion a year ago.
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