Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1039 NW 63rd St OKLAHOMA CITY OK 73116-7361 |
Tel: | 1-405-8107292 |
Website: | https://www.bank7.com |
IR: | See website |
Key People | ||
William B. Haines Chairman of the Board, Founder | Thomas L. Travis President, Chief Executive Officer, Director of the Company and the Bank | Kelly J. Harris Chief Financial Officer, Executive Vice President |
Douglas A. Haines Director, Regional President '�� Western Oklahoma and Kansas | John T. Phillips Chief Operating Officer, Senior Executive Vice President, Secretary, Director of the Company and the Bank | Lisa K. Haines Executive Vice President, Chief Marketing Officer |
Jason E. Estes Executive Vice President, Chief Credit Officer, President and Chief Credit Officer of the Bank | Andrew J. Levinson Executive Vice President, Regional President of the Tulsa market | Henry C. Litchfield Vice President, General Counsel of the Company |
Business Overview |
Bank7 Corp. is a bank holding company. Through its wholly owned subsidiary, Bank7, it operates twelve full-service branches in Oklahoma, Texas, and Kansas. The Bank is a full-service commercial bank. It focuses on the development of deep business relationships with its commercial customers and their principals. Its consumer lending services include residential real estate loans and mortgage banking services, personal lines of credit, loans for the purchase of automobiles, and other installment loans. It focuses on the loan categories, such as commercial real estate lending, hospitality lending, energy lending, and commercial and industrial lending. The Bank offers deposit banking products includes commercial deposit services, commercial checking, money market, and other deposit accounts, and retail deposit services such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access. |
Financial Overview |
For the three months ended 31 March 2024, Bank7 Corp interest income increased 22% to $33.3M. Net interest income after loan loss provision increased 13% to $22M. Net income increased 17% to $11.3M. Net interest income after loan loss provision reflects Loans, including fees increase of 19% to $30.1M, Other interest and dividend income increase of 54% to $1.8M. Net income benefited from Other increase from $384K to $1.7M (income). |
Employees: | 123 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $127.45M as of Mar 31, 2024 |
EBITDA (TTM): | $25.64M as of Mar 31, 2024 |
Net annual income (TTM): | $29.96M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 9,238,206 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |