Bank7 Corp. Announces Q4 2025 and Full Year Earnings

OKLAHOMA CITY, Jan. 15, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the quarter ended December 31, 2025. "We are happy to report a strong fourth quarter and another full-year of robust earnings. Our bankers produced outstanding loan and deposit growth, while also maintaining a strong net interest margin and excellent credit quality. We are excited about 2026, as our properly matched balance sheet has us well positioned to continue to take advantage of our dynamic geographic region," said Thomas L. Travis, President and CEO of the Company.

For the three months ended December 31, 2025 compared to the three months ended September 30, 2025:

• Net income of $10.8 million compared to $10.8 million, a decrease of 0.55%
• Earnings per share of $1.12 compared to $1.13, a decrease of 0.88%
• Total assets of $2.0 billion compared to $1.9 billion, an increase of 3.82%
• Total loans of $1.6 billion compared to $1.5 billion, an increase of 4.71%
• Pre-provision pre-tax earnings of $14.2 million compared to $14.9 million, a decrease of 4.95%
• Total interest income of $32.8 million compared to $33.7 million, a decrease of 2.67%

For the year ended December 31, 2025 compared to the year ended December 31, 2024:

• Net income of $43.1 million compared to $45.7 million, a decrease of 5.75%
• Earnings per share of $4.50 compared to $4.84, a decrease of 7.02%
• Total assets of $2.0 billion compared to $1.7 billion, an increase of 12.87%
• Total loans of $1.6 billion compared to $1.4 billion, an increase of 14.96%
• Pre-provision pre-tax earnings of $57.5 million compared to $60.4 million, a decrease of 4.78%
• Total interest income of $128.8 million compared to $131.5 million, a decrease of 2.11%

Both the Bank's and the Company's capital levels continue to be significantly above the minimum levels required to be designated as "well-capitalized" for regulatory purposes. On December 31, 2025, the Bank's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.82%, 14.09%, and 15.25%, respectively. On December 31, 2025, on a consolidated basis, the Company's Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.82%, 14.09%, and 15.24%, respectively. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Non-GAAP Financial Measures:
This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings. The Company's management uses this non-GAAP measure in their analysis of the Company's performance. This measure adjusts GAAP performance to exclude from net income, income tax expense, provision for credit losses, and loss on sales and calls of available-for-sale debt securities.

	For the Three Months Ended				For the Year Ended
	December 31,		September 30,		December 31,
	2025		2025		2025		2024
Calculation of Pre-Provision Pre-Tax Earnings	(Dollars in thousands)
Net Income	$ 10,784		$ 10,844		$ 43,069		$ 45,698
Income Tax Expense	3,375		3,342		13,696		14,656
Pre-tax net income	14,159		14,186		56,765		60,354
Add back: Provision for credit losses	-		700		700		-
Add back: (Gain)Loss on sales/calls of AFS debt securities	-		10		10		6
Pre-provision pre-tax earnings	$ 14,159		$ 14,896		57,475		60,360

Unaudited Condensed Consolidated Balance Sheets (Dollar amounts in thousands, except par value)
Assets	December 31, 2025 (unaudited)		December 31, 2024
	(Dollars in thousands)
Cash and due from banks	$ 244,635		$ 234,196
Interest-bearing time deposits in other banks	10,457		6,719
Available-for-sale debt securities (amortized cost of $57,316 and
$66,445 at December 31, 2025 and December 31, 2024, respectively)	54,019		59,941
Loans, net of allowance for credit losses of $19,407 and
$17,918 at December 31, 2025 and December 31, 2024, respectively	1,587,024		1,379,465
Loans held for sale	2,078		-
Premises and equipment, net	21,884		18,137
Nonmarketable equity securities	1,165		1,283
Core deposit intangibles	752		878
Goodwill	11,208		8,458
Interest receivable and other assets	30,418		30,731
Total assets	$ 1,963,640		$ 1,739,808
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing	$ 341,416		$ 313,258
Interest-bearing	1,359,417		1,202,213
Total deposits	1,700,833		1,515,471
Income taxes payable	594		77
Interest payable and other liabilities	11,218		11,047
Total liabilities	1,712,645		1,526,595
Shareholders' equity
Common stock, $0.01 par value; 50,000,000 shares authorized; shares
issued and outstanding: 9,462,656 and 9,390,211 at December 31, 2025
and December 31, 2024, respectively	95		94
Additional paid-in capital	103,739		101,809
Retained earnings	149,707		116,281
Accumulated other comprehensive loss	(2,546)		(4,971)
Total shareholders' equity	250,995		213,213
Total liabilities and shareholders' equity	$ 1,963,640		$ 1,739,808

Unaudited Condensed Consolidated Statements of Comprehensive Income (Dollar amounts in thousands, except per share data)
		Three Months Ended				For the Year Ended
		December 31,				December 31,
		2025 (unaudited)		2024 (unaudited)		2025 (unaudited)		2024 (unaudited)
Interest Income		(Dollars in thousands)
Loans, including fees		$ 30,306		$ 29,582		$ 117,513		$ 119,416
Interest-bearing time deposits in other banks		158		110		564		785
Debt securities, taxable		258		265		1,085		2,531
Debt securities, tax-exempt		59		60		246		273
Other interest and dividend income		2,035		2,313		9,350		8,535
Total interest income		32,816		32,330		128,758		131,540
Interest Expense
Deposits		10,551		10,593		40,885		45,345
Total interest expense		10,551		10,593		40,885		45,345
Net Interest Income		22,265		21,737		87,873		86,195
Provision for Credit Losses		-		-		700		-
Net Interest Income After Provision for Credit Losses		22,265		21,737		87,173		86,195
Noninterest Income
Mortgage lending income		326		137		1,326		370
Loss on sales, prepayments, and calls of available-for-sale debt securities		-		(3)		(10)		(6)
Service charges on deposit accounts		244		233		941		975
Other		1,269		2,034		6,246		9,915
Total noninterest income		1,839		2,401		8,503		11,254
Noninterest Expense
Salaries and employee benefits		5,805		5,043		22,634		20,783
Furniture and equipment		325		257		1,278		1,070
Occupancy		690		655		2,580		2,640
Data and item processing		513		459		2,128		1,897
Accounting, marketing and legal fees		273		255		757		836
Regulatory assessments		268		211		814		1,196
Advertising and public relations		289		192		917		549
Travel, lodging and entertainment		150		161		439		431
Other		1,632		2,185		7,364		7,693
Total noninterest expense		9,945		9,418		38,911		37,095
Income Before Taxes		14,159		14,720		56,765		60,354
Income tax expense		3,375		3,611		13,696		14,656
Net Income		$ 10,784		$ 11,109		$ 43,069		$ 45,698
Earnings per common share - basic		$ 1.14		$ 1.19		$ 4.56		$ 4.92
Earnings per common share - diluted		1.12		1.16		4.50		4.84
Weighted average common shares outstanding - basic		9,454,366		9,366,074		9,444,105		9,290,051
Weighted average common shares outstanding - diluted		9,599,897		9,556,388		9,574,190		9,447,751
Other Comprehensive Income
Unrealized gains on securities, net of tax expense(benefit) of $141 and ($304) for the
three months ended December 31 2025 and 2024, respectively; net of tax expense of
$784 and $335 for the years ended December 31, 2025 and 2024, respectively		$ 475		$ (856)		$ 2,417		$ 1,169
Reclassification adjustment for realized losses included in net income net of tax of
$0 and $1 for the three months ended December 31, 2025 and 2024, respectively;
$2 and $1 for the years ended December 31, 2025 and 2024, respectively		-		2		8		5
Other comprehensive income		$ 475		$ (854)		$ 2,425		$ 1,174
Comprehensive Income		$ 11,259		$ 10,255		$ 45,494		$ 46,872

		Net Interest Margin
		For the Three Months Ended December 31,
		2025 (unaudited)						2024 (unaudited)
		Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
		(Dollars in thousands)
Interest-Earning Assets:
Short-term investments		$ 226,584		$ 2,193		3.84 %		$ 195,948		$ 2,423		4.91 %
Debt securities, taxable-equivalent		44,673		258		2.29		50,504		265		2.08
Debt securities, tax exempt		11,196		59		2.09		14,216		60		1.67
Loans held for sale		1,431		-		-		526		-		-
Total loans(1)		1,570,814		30,306		7.65		1,422,382		29,582		8.25
Total interest-earning assets		1,854,698		32,816		7.02		1,683,576		32,330		7.62
Noninterest-earning assets		41,518						39,721
Total assets		$ 1,896,216						$ 1,723,297
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts		$ 1,078,895		$ 8,214		3.02 %		$ 911,978		$ 7,683		3.34 %
Time deposits		244,282		2,337		3.80		250,209		2,910		4.61
Total interest-bearing deposits		1,323,177		10,551		3.16		1,162,187		10,593		3.62
Total interest-bearing liabilities		$ 1,323,177		10,551		3.16		$ 1,162,187		10,593		3.62
Noninterest-bearing liabilities:
Noninterest-bearing deposits		$ 312,943						$ 338,645
Other noninterest-bearing liabilities		12,435						13,014
Total noninterest-bearing liabilities		325,378						351,659
Shareholders' equity		247,661						209,451
Total liabilities and shareholders' equity		$ 1,896,216						$ 1,723,297
Net interest income				$ 22,265						$ 21,737
Net interest spread						3.86 %						4.00 %
Net interest margin						4.76 %						5.12 %
(1) Nonaccrual loans are included in total loans

		Net Interest Margin
		For the Year Ended December 31,
		2025 (unaudited)						2024 (unaudited)
		Average Balance		Interest Income/ Expense		Average Yield/ Rate		Average Balance		Interest Income/ Expense		Average Yield/ Rate
		(Dollars in thousands)
Interest-Earning Assets:
Short-term investments		$ 235,211		$ 9,914		4.21 %		$ 184,328		$ 9,320		5.04 %
Debt securities, taxable-equivalent		46,599		1,085		2.33		90,184		2,531		2.80
Debt securities, tax exempt		12,042		246		2.04		16,651		273		1.64
Loans held for sale		1,448		-		-		343		-		-
Total loans(1)		1,483,112		117,513		7.92		1,391,552		119,416		8.56
Total interest-earning assets		1,778,412		128,758		7.24		1,683,058		131,540		7.79
Noninterest-earning assets		41,782						39,555
Total assets		$ 1,820,194						$ 1,722,613
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts		$ 1,021,059		$ 31,396		3.07 %		$ 882,314		$ 33,408		3.78 %
Time deposits		237,548		9,489		3.99		254,057		11,937		4.69
Total interest-bearing deposits		1,258,607		40,885		3.25		1,136,371		45,345		3.98
Total interest-bearing liabilities		$ 1,258,607		$ 40,885		3.25		$ 1,136,371		$ 45,345		3.98
Noninterest-bearing liabilities:
Noninterest-bearing deposits		$ 317,743						$ 381,660
Other noninterest-bearing liabilities		11,105						12,419
Total noninterest-bearing liabilities		328,848						394,079
Shareholders' equity		232,739						192,163
Total liabilities and shareholders' equity		$ 1,820,194						$ 1,722,613
Net interest income				$ 87,873						$ 86,195
Net interest spread						3.99 %						3.81 %
Net interest margin						4.94 %						5.11 %
(1) Nonaccrual loans are included in total loans

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its fourth quarter results, which will be broadcast live over the Internet, on Thursday, January 15, 2026 at 9:00 a.m. central standard time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://app.webinar.net/bY1VLYELzkO. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/bY1VLYELzkO shortly after the call for 1 year.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.'s current views with respect to, among other things, future events and Bank7 Corp.'s financial performance. Any statements about Bank7 Corp.'s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "anticipate," "believes," "can," "could," "may," "predicts," "potential," "should," "will," "estimate," "plans," "projects," "continuing," "ongoing," "expects," "intends" and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon: the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters. These other matters include, among other things, the impact the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.'s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.'s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:

Thomas Travis
President & CEO
[phone]

SOURCE Bank7 Corp.