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Douglas A. Haines, the Regional President of Western Oklahoma and Kansas for Bank7 Corp. (NASDAQ:BSVN), recently purchased 1,433 shares of the company’s common stock. The transaction, which took place on March 5, 2025, was executed at a price of $39.91 per share, amounting to a total purchase value of $57,191. The purchase comes as Bank7, with a market capitalization of $378 million, trades at an attractive P/E ratio of 8.2x and offers a dividend yield of 2.4%.
Following this acquisition, Haines now directly owns 18,542 shares of Bank7 Corp. This total includes restricted stock units that are set to vest in future installments, as detailed in the company’s recent SEC filing. According to InvestingPro analysis, BSVN shares have delivered an impressive 49% return over the past year, and the stock currently appears slightly undervalued based on Fair Value estimates.
The purchase reflects Haines’ continued investment in the company, aligning with his role in overseeing operations in the Western Oklahoma and Kansas regions. For deeper insights into BSVN’s valuation and growth prospects, including 8 additional ProTips, check out the comprehensive analysis available on InvestingPro.
In other recent news, Bank7 Corp has reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with earnings per share (EPS) of $1.16 against a forecast of $1.05. The company also exceeded revenue forecasts, bringing in $24.14 million compared to the anticipated $23.51 million. In a strategic move to expand its services, Bank7 announced the acquisition of First American Mortgage, which is expected to enhance its mortgage division and broaden its financial offerings. Piper Sandler has raised Bank7’s stock price target to $55, maintaining an Overweight rating, while Keefe, Bruyette & Woods adjusted their target to $52, citing strong fourth-quarter results. Despite the positive earnings report, Bank7’s stock experienced a decline, reflecting broader market concerns. Analysts from Piper Sandler have also increased Bank7’s earnings per share estimates for 2025 and 2026, attributing this to expected growth in net interest income. The company continues to focus on strategic growth, with plans for low single-digit loan growth and potential mergers and acquisitions, particularly in Texas.
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