Bank7 Reports Q2 Results…Sound Asset Quality, Outlook for Loan Growth in Q3

BSVN Bank7 Corp

$55.49 +0.85%

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UAL +2.37% CSAI +7.66%

1. 1Bank7 Corp (BSVN) announced in its Q2 results that it posted net income of $3.7 million from oil and gas investments.
2. 2With no debt and ample liquidity, asset quality remains solid, and loan originations in Q3 are projected to double from Q2 levels.
3. 3Deposit costs held steady at 2.28–2.30%, and the company said it continues to keep the door open to strategic M&A opportunities amid its growth phase.

Source GuruFocus.com +1 · View original ↗

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