Bank7 reported second-quarter 2026 net income of $8.35 million, or diluted EPS of $0.87, down from $11.11 million and $1.16 in Q2 2025, respectively. Total assets were $1.91 billion and total loans totaled $1.60 billion as of June 30, 2026. Management noted results included a non-recurring loss on sale of energy assets after maximizing recovery on a previously charged-off energy loan.
Financial Highlights
- Net income: $8.35 million for the three months ended June 30, 2026 (vs. $11.11 million for Q2 2025).
- Diluted earnings per share: $0.87 for Q2 2026 (vs. $1.16 for Q2 2025); basic EPS $0.88.
- Total assets: $1.914 billion as of June 30, 2026 (compared with $1.963 billion at December 31, 2025).
- Total loans: $1.60 billion reported for Q2 2026 (up from $1.50 billion year-over-year).
- Pre-provision pre-tax earnings (non-GAAP): $11.02 million for Q2 2026 (vs. $14.71 million for Q2 2025).
Business Highlights
- Management cited strong core banking performance supported by a properly matched balance sheet and favorable market locations (Oklahoma, Dallas/Fort Worth and Kansas).
- Reported results included a one-time loss on sale of energy assets following maximized recovery on a charged-off energy loan from 2023.
- Capital and liquidity remained robust: Bank and consolidated Tier 1 leverage ratio of 13.88%; Tier 1 risk-based and total risk-based capital ratios at approximately 15.17–15.18% and 16.35–16.36%, respectively, as of June 30, 2026.
- Net interest margin remained strong at 4.81% for the quarter; net interest income was $21.905 million for Q2 2026.
- Company continues to pursue organic growth in target markets with selective branch openings and potential strategic acquisitions as part of its growth strategy.
Original SEC Filing:
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