Bank7 (BSVN) Q3 2026 earnings summary

Executive summary

• Q3 net income rose 22.3% QoQ to $10.203M; diluted EPS was $1.06, with adjusted core EPS of $1.11.

• Loan growth continued despite significant payoffs, supported by a healthy pipeline; asset quality, capital and liquidity remained strong.

• Performance was attributed to disciplined loan and deposit pricing, a strong banking team and favorable Texas and Oklahoma economies.

Financial highlights

• Net income was $10.203M vs. $8.346M in Q2; pre-provision pre-tax earnings were $13.620M vs. $11.015M.

• Adjusted core net income was $10.719M vs. $10.183M QoQ; adjusted core pre-provision pre-tax earnings were $14.309M vs. $13.464M.

• Loans rose 2.2% QoQ to $1.633B, deposits increased 5.1% to $1.721B and assets grew 4.8% to $2.007B.

• Q3 net income was $10.20M vs. $10.84M YoY; nine-month net income was $30.56M vs. $32.29M.

• Adjusted core results exclude oil-and-gas income or loss, a one-time after-tax interest income item, and after-tax acquisition-related expense and consulting fees.

Outlook and guidance

• Century Financial’s ~$137M acquisition was expected to close November 1, 2026, following regulatory and shareholder approvals; projected combined assets are ~$3.3B and EPS accretion is 25%+.

• Company-wide loan growth guidance ranged from mid-single digits to low double digits, depending on market contributions; a strong pipeline supported further Q4 fundings.

• Management expects 75%-80% of merger cost savings in the first quarter after closing and the remainder by the end of the second quarter; back-half results are expected to be more profitable than the front half.

• Century is viewed as initially neutral to margin; cheaper core funding may support NIM, while bond sales and cash redeployment will affect margin impact.

• Loan growth will remain disciplined, without unnecessary risk-taking or margin concessions; no day-one plan to run off Century loans.