Bank7 (BSVN) Q3 Earnings and Revenues Top Estimates

Company Performance - Bank7 (BSVN) reported quarterly earnings of $1.24 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, and up from $0.85 per share a year ago, representing an earnings surprise of 15.89% [1] - The company posted revenues of $24.89 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.73%, compared to $21.75 million in the same quarter last year [2] - Over the last four quarters, Bank7 has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Bank7 shares have increased approximately 37.1% since the beginning of the year, outperforming the S&P 500's gain of 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.04 on revenues of $24.1 million, and for the current fiscal year, it is $4.39 on revenues of $96.5 million [7] Industry Outlook - The Zacks Industry Rank for Banks - Southeast is currently in the bottom 29% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]