Bank7 records $10.2 million Q3 profit
- Bank7 (NASDAQ:BSVN) generated third-quarter 2026 net income of $10.20 million, representing a 22.25% sequential increase.
- Total assets expanded 4.84% sequentially to $2.01 billion as total loans reached $1.63 billion.
- The company secured all required approvals to complete its Century Financial merger on November 1, 2026.
Bank7 (NASDAQ:BSVN) reported third-quarter 2026 net income of $10.20 million, representing a 22.25% sequential improvement over second-quarter results.
Diluted earnings per share reached $1.06, up from $0.87 in the preceding quarter but down from $1.13 reported in the third quarter of 2025.
Quarterly net interest income fell to $22.301 million from $23.026 million a year earlier, alongside lower noninterest income and reduced noninterest expenses.
Total loans expanded 2.22% sequentially to $1.63 billion, while total bank assets grew 4.84% to reach $2.01 billion at quarter-end.
Nine-month net income stood at $30.555 million, compared with $32.285 million generated during the corresponding period last year.
Meanwhile, the company secured all necessary regulatory and shareholder approvals to complete its merger with Century Financial on November 1, 2026, extending its banking franchise into New Mexico.
