Bank7 (BSVN) investor relations material

Executive summary

• Achieved strong core earnings in Q2 2026, with core EPS of $1.06 and core ROAA of 2.20%, despite a 24.8% year-over-year decline in net income to $8.35 million due to a non-recurring loss on the sale of oil and gas assets.

• Total loans reached $1.60 billion, up 6.7% year-over-year; total deposits were $1.64 billion, up 2.7% year-over-year.

• Maintained robust capital, liquidity, and credit quality, with no debt and strong readiness for organic and M&A-driven growth.

• Demonstrated consistent growth in total assets (CAGR since 2014: 12.8%), with total assets at $1.91 billion as of June 30, 2026.

• Outperformed peer group in key profitability and efficiency metrics, with high insider ownership at 55%.

Financial highlights

• Net income for Q2 2026 was $8.35 million, down 24.84% year-over-year; diluted EPS was $0.87, down 25%.

• Net interest margin for Q2 2026 was 4.81%, with June NIM at 4.51% and Q3 guidance of 4.45%–4.53%.

• Noninterest expense for Q2 2026 was $11.9 million, up 22.2% year-over-year, driven by higher compensation and asset sale loss.

• Total assets were $1.91 billion as of June 30, 2026.

• Deposit costs remained stable at 2.28%–2.3% in Q2 and June.

Outlook and guidance

• Management expects significant loan paydowns in the second half of the year, but a robust loan pipeline and mid-single digit loan growth are targeted.

• Margin expected to remain in the guided range, with potential benefit from a rate hike due to asset sensitivity.

• Focus remains on organic growth, strategic acquisitions, and maximizing productivity and efficiency.