Overview

• U.S. regional bank's Q2 net income and EPS fell, both missing analyst expectations

• Quarter included non-recurring loss on sale of energy assets after loan loss recovery

• Net interest income and margin were stable; total loans and assets increased yr/yr

Outlook

• Bank7 Corp. intends to grow organically by opening branches and pursuing strategic acquisitions

• Company says strong capital, robust liquidity and solid net interest margin support outlook

Result Drivers

• ENERGY ASSET SALE - Co said Q2 included a non-recurring loss on sale of energy assets after recovery on a previously charged-off energy loan

• STABLE NET INTEREST MARGIN - Co cited a solid net interest margin as a positive factor for the quarter

Company press release: ID:nPn3ZnJZRa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 EPS	Miss	$0.87	$1.04 (3 Analysts)
Q2 Net Income	Miss	$8.35 mln	$10.006 mln (3 Analysts)
Q2 Net Interest Income		$21.91 mln
Q2 Net Interest Margin		4.81%

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Bank7 Corp is $54.00, about 4.2% above its July 15 closing price of $51.80

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

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