Bank7: An Upgrade Is Justified After This Strong Showing

  • Bank7 delivered strong Q2 results, beating analyst expectations on both revenue and earnings per share, despite a year-over-year decline in profitability. Deposit and loan growth remain robust, with asset quality and return metrics far exceeding peers and industry benchmarks. While shares are expensive on price-to-book metrics, the price-to-earnings ratio is reasonable compared to similar banks.