Bank7 Corp. Q2 2026 Net Income Drops 24.8%

By Bobby Samwell • Thursday, July 16 13:03 • Permanent Link

Bank7 Corp. reported second-quarter 2026 net income of $8.35 million, down 24.8% from $11.11 million a year earlier, as earnings per share fell to $0.87 from $1.16. Pre-provision pre-tax earnings dropped to $11.02 million from $14.71 million, a decline of 25.1%.

Total interest income slipped 2.7% to $30.93 million from $31.78 million, while total interest expense fell 10.2% to $9.02 million from $10.04 million. That left net interest income at $21.91 million, up slightly from $21.74 million.

Noninterest income fell sharply to $1.00 million from $2.70 million, driven by a drop in the “other” category to $311,000 from $1.95 million. Noninterest expense rose 22.2% to $11.89 million from $9.73 million, with “other” expense increasing to $3.11 million from $1.72 million and salaries and employee benefits climbing to $6.20 million from $5.72 million.

For the first six months of 2026, net income was $20.35 million, down from $21.44 million in the same period of 2025. Earnings per share fell to $2.12 from $2.25. Income before taxes declined to $26.84 million from $28.42 million, while total interest income rose to $64.71 million from $62.22 million and net interest income increased to $46.10 million from $42.58 million.

On the balance sheet, total assets were $1.91 billion at June 30, 2026, up 4.3% from $1.84 billion a year earlier, though down from $1.96 billion at December 31, 2025. Loans grew to $1.60 billion from $1.50 billion a year earlier. Deposits totaled $1.64 billion, compared with $1.70 billion at year-end 2025.

Shareholders’ equity rose to $266.31 million from $250.99 million at December 31, 2025. Retained earnings increased to $164.92 million from $149.71 million, while common shares outstanding rose to 9.52 million from 9.46 million.

Capital ratios remained well above regulatory minimums, with the bank’s tier 1 leverage ratio at 13.88%, tier 1 risk-based capital ratio at 15.18%, and total risk-based capital ratio at 16.36% at June 30, 2026. Following these announcements, the company's shares moved 0.39%, and are now trading at a price of $52.00. Check out the company's full 8-K submission here.

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