Core Viewpoint - Bank7 executives expressed optimism regarding the company's performance in loan growth, loan fee income, and organic deposit growth for the fourth quarter and full-year 2025, achieved without loosening underwriting standards [4][7]. Loan Growth and Payoffs - The company anticipates approximately $25 million in payoffs per month and requires $35 million to $45 million in new fundings monthly to sustain growth [2][3]. - Payoff activity was described as "accelerated" throughout 2025, with fourth-quarter payoffs being lighter than earlier in the year, but expected to rebound in the first quarter [2][4]. Asset Quality and Underwriting - Management emphasized that strong underwriting discipline has supported asset quality, which is reportedly at its best level ever [4]. - The company did not feel the need to significantly increase provisioning despite strong balance sheet growth [4]. Capital Strategy - Bank7 is focusing on capital build and optionality rather than share repurchases, remaining selective in M&A and avoiding deals that do not meet pricing or asset-quality standards [5][13]. - The company evaluated multiple M&A opportunities but chose to walk away from all, emphasizing discipline around asset quality [15]. Net Interest Margin (NIM) - The net interest margin has compressed modestly after rate cuts, with a starting reference of approximately 4.45%, potentially drifting toward historical lows around 4.35% [6][9]. - Management noted that the recent rate cuts have not significantly impacted deposit betas, indicating a tougher deposit environment [12]. Deposit Competition - The cost of funds decreased to about 2.40% in the fourth quarter, influenced by balance sheet growth and new deposits [11]. - Depositors have become more rate-aware, leading to a decline in non-interest-bearing balances as customers opt for higher-rate options [12]. Oil and Gas Revenue - Contributions from oil and gas-related items are expected to decline gradually over the next three to four years, characterized as immaterial for the bank overall [16][17]. Financial Overview - Core expenses were reported at approximately $9.1 million, with an additional $1 million related to oil and gas [19].

Group 1 - Bank7 Corp. is set to release its fourth-quarter earnings on January 15, with expected earnings of $1.05 per share, a decrease from $1.16 per share in the same period last year [1] - The consensus estimate for Bank7's quarterly revenue is $24.1 million, slightly down from $24.14 million reported last year [1] - The company reported better-than-expected third-quarter results on October 15 [1] Group 2 - Bank7's shares fell by 0.9% to close at $42.40 on Tuesday [2] - Analysts have provided various ratings for Bank7, with Keefe, Bruyette & Woods maintaining an Outperform rating and lowering the price target from $54 to $53 [3] - Piper Sandler maintained an Overweight rating and raised the price target from $50.5 to $55 [3]

Core Insights - Equity markets have experienced volatility in August after a strong performance since mid-June, influenced by tariff policies and inflationary pressures [1] - Investors are advised to focus on stocks with a history of steady dividend payouts to protect their portfolios during market fluctuations [2] Investment Opportunities - Four small and mid-cap banks have recently announced dividend increases: Bank7 Corp. (BSVN), Unity Bancorp, Inc. (UNTY), Stock Yards Bancorp, Inc. (SYBT), and BayCom Corp (BCML) [3] - These banks have consistently raised their quarterly dividends, contributing to enhanced shareholder value, with stock prices increasing over 15% in the past year [3] Company Summaries - **Bank7 Corp. (BSVN)**: - Operates in Oklahoma, Texas, and Kansas with $1.83 billion in assets as of June 30, 2025 [7] - Announced a quarterly cash dividend of $0.27 per share, a 12.5% increase, with a forward dividend yield of 2.33% and a payout ratio of 21% [8] - Expected sales decline of 2.4% and earnings decrease of 13.4% in 2025 [9] - **Unity Bancorp, Inc. (UNTY)**: - Based in New Jersey with $2.93 billion in assets as of June 30, 2025 [11] - Increased its quarterly cash dividend to $0.15 per share, a 7.1% rise, with a forward dividend yield of 1.24% and a payout ratio of 12% [12] - Projected sales growth of 16.5% and earnings growth of 20.9% in 2025 [12] - **Stock Yards Bancorp, Inc. (SYBT)**: - Headquartered in Louisville, KY, providing services in Kentucky, Indiana, and Ohio [13] - Announced a dividend of $0.32 per share, a 3.2% increase, with a forward dividend yield of 1.66% and a payout ratio of 29% [14] - Anticipated sales growth of 11.1% and earnings growth of 17.2% in 2025 [14] - **BayCom Corp (BCML)**: - Operates through United Business Bank with $2.62 billion in assets as of June 30, 2025 [15] - Increased its quarterly cash dividend to $0.25 per share, a 25% rise, with a forward dividend yield of 3.53% and a payout ratio of 37% [16] - Expected sales growth of 3.6% and earnings growth of 5.2% in 2025 [17]

Core Insights - Three stocks with strong momentum and buy rank are highlighted for investors: Amphenol, Bank7, and T. Rowe Price Group 1: Amphenol (APH) - Amphenol designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and specialty cables [1] - The company has a Zacks Rank of 1 (Strong Buy) and a 1.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Amphenol's shares increased by 40.6% over the last three months, outperforming the S&P 500's gain of 17.5% [2] - The company possesses a Momentum Score of A [2] Group 2: Bank7 (BSVN) - Bank7 is a community banking company that offers deposits, loans, card facilities, investments, wealth management, and online banking services [2] - The company has a Zacks Rank of 1 and a 3.7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - Bank7's shares gained 38.9% over the last three months, also outperforming the S&P 500's gain of 17.5% [3] - The company possesses a Momentum Score of A [3] Group 3: T. Rowe Price (TROW) - T. Rowe Price is a global investment management organization providing mutual funds, sub-advisory services, and separate account management for various investors [4] - The company has a Zacks Rank of 1 and a 7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [4] - T. Rowe Price's shares increased by 26.6% over the last three months, again outperforming the S&P 500's gain of 17.5% [5] - The company possesses a Momentum Score of A [5]

Core Viewpoint - Bank7 Corp. reported strong financial performance for the first quarter of 2025, highlighting robust earnings, liquidity, and credit quality metrics, while expressing readiness to navigate economic volatility [1][2]. Financial Performance - Net income for the three months ended March 31, 2025, was $10.3 million, a decrease of 8.43% from $11.3 million in the same period of 2024 [6]. - Earnings per share decreased to $1.08 from $1.21, reflecting a decline of 10.74% [6]. - Pre-provision pre-tax earnings (PPE) were reported at $13.7 million, down 7.86% from $14.9 million year-over-year [6][8]. Capital Ratios - As of March 31, 2025, the Bank's Tier 1 leverage ratio was 12.39%, Tier 1 risk-based capital ratio was 14.03%, and total risk-based capital ratio was 15.25%, all significantly above the minimum regulatory requirements [2][6]. Balance Sheet Highlights - Total assets increased to $1.8 billion, reflecting a growth of 0.59% compared to the previous year [6]. - Total loans reached $1.4 billion, marking an increase of 3.63% year-over-year [6]. - Cash and due from banks amounted to $240.6 million, up from $234.2 million at the end of 2024 [5]. Interest Income and Expenses - Total interest income for the quarter was $30.4 million, a decrease of 8.56% from $33.3 million in the prior year [6][8]. - Total interest expense was $9.6 million, down from $11.3 million, contributing to a net interest income of $20.8 million [6][8]. Noninterest Income and Expenses - Total noninterest income was $1.8 million, down from $2.0 million year-over-year [8]. - Total noninterest expenses decreased slightly to $8.9 million from $9.1 million [8]. Shareholder Equity - Shareholders' equity increased to $221.7 million from $213.2 million at the end of 2024, reflecting a solid capital position [5][6].