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Bank7 (BSVN) Net Income : $45.70 Mil (TTM As of Dec. 2024)


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What is Bank7 Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bank7's Net Income for the three months ended in Dec. 2024 was $11.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $45.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bank7's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $1.16.


Bank7 Net Income Historical Data

The historical data trend for Bank7's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank7 Net Income Chart

Bank7 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only 19.27 23.16 29.64 28.28 45.70

Bank7 Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 11.29 11.52 11.78 11.11

Bank7 Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bank7's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=60.354+-14.656+0+0
=45.70

Bank7's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=14.72+-3.611+0+0
=11.11

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $45.70 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank7  (NAS:BSVN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bank7's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bank7 Net Income Related Terms

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Bank7 Business Description

Traded in Other Exchanges
Address
1039 North West 63rd Street, Oklahoma City, OK, USA, 73116-7361
Bank7 Corp is a full-service commercial bank focused on providing customers with exceptional service and meeting their banking needs through a variety of commercial and retail financial services. It offers deposit banking products, including commercial deposit services, commercial checking, money market, and other deposit accounts, and retail deposit services such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access. etc. It generates revenues from interest income from financial instruments and non-interest income and service charges on deposit accounts.
Executives
Douglas A Haines officer: Reg. Pres. of West. OK & KS 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Henry Litchfield officer: VP; General Counsel 1039 NW 63RD ST, OKLAHOMA CITY OK 73116
Thomas L Travis director, officer: President & CEO 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
John T Phillips director, 10 percent owner, officer: Sr. EVP, COO, Secretary 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Andrew J Levinson officer: Regional President - Tulsa 5757 S LEWIS AVENUE, SUITE 575, TULSA OK 74105
Jason E Estes officer: Executive Vice President; CCO 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Lisa K. Haines 10 percent owner, officer: EVP; Chief Marketing Officer 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Edward Patrick Gray director 1711 HUNTINGTON AVE, NICHOLS HILLS OK 73116
Gary D Whitcomb director 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
J. Michael Sanner director 3701 STONEHURST, JONES OK 73049
Charles W Brown director 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
William M Buergler director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Teresa L. Dick director 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Kelly J Harris officer: EVP; CFO 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
William B. Haines director, 10 percent owner, officer: Chairman 1039 NW 63RD STREET, OKLAHOMA CITY OK 73116