Bank7 (BSVN) investor relations material

Executive summary

• Achieved record Q1 2026 net income of $12.01 million and EPS of $1.25, up over 15% year-over-year, with no share repurchases.

• Pre-provision pre-tax earnings reached $15.82 million, up over 15% year-over-year.

• Delivered strong first quarter results, attributing performance to a stable, experienced team and disciplined execution.

• Maintained strong asset quality with net recoveries and low nonperforming assets.

• Balance sheet remains highly liquid and well-capitalized.

Financial highlights

• Total assets at $1.95 billion, up 8.94% year-over-year; total loans at $1.60 billion, up 11.94% year-over-year.

• Net interest margin (NIM) improved to 5.27%, with core NIM modeled in the 4.40%-4.45% range.

• Net income for Q1 2026 was $12.0 million, up 16.2% year-over-year.

• Non-accrual interest recovery contributed nearly $1.1 million, with total fee-related recoveries around $1.7 million.

• Efficiency ratio improved to 39.64%.

Outlook and guidance

• Management highlights abundant liquidity, robust capital, and a disciplined credit culture.

• Loan growth expectations remain moderate single-digit for the year, with ongoing offset of sizable payoffs by new bookings.

• Core NIM expected to remain stable, assuming no significant rate changes.

• Non-interest income and expenses projected to remain within guided ranges for Q2.

• Positioned to maintain strong performance through various interest rate cycles.