Bank7 (BSVN) Retained Earnings : $88.31 Mil (As of Mar. 2024)

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What is Bank7 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank7's retained earnings for the quarter that ended in Mar. 2024 was $88.31 Mil.

Bank7's quarterly retained earnings declined from Sep. 2023 ($79.83 Mil) to Dec. 2023 ($78.96 Mil) but then increased from Dec. 2023 ($78.96 Mil) to Mar. 2024 ($88.31 Mil).

Bank7's annual retained earnings increased from Dec. 2021 ($33.15 Mil) to Dec. 2022 ($58.05 Mil) and increased from Dec. 2022 ($58.05 Mil) to Dec. 2023 ($78.96 Mil).

Bank7 Retained Earnings Historical Data

The historical data trend for Bank7's Retained Earnings 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.

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Bank7 Retained Earnings Chart

Bank7 Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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7.63

14.07

33.15

58.05

78.96

Bank7 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															65.62	73.90	79.83	78.96	88.31

Bank7 Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Bank7 (NAS:BSVN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Bank7 (BSVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank7 Corp (NAS:BSVN) » Definitions » Retained Earnings

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Address

1039 North West 63rd Street, Oklahoma City, OK, USA, 73116

Website

https://www.bank7.com

Bank7 Corp is a United States-based full-service commercial bank focused on providing customers with exceptional service and meeting their banking needs through a wide 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. it offers commercial real estate lending, hospitality lending, energy lending, and commercial and industrial lending, and also provides consumer lending services to individuals.

Executives

Jason E Estes	officer: Executive Vice President; CCO	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Thomas L Travis	director, officer: President & CEO	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
William M Buergler	director	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Edward Patrick Gray	director	1711 HUNTINGTON AVE, NICHOLS HILLS OK 73116
Charles W Brown	director	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Gary D Whitcomb	director	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
J. Michael Sanner	director	3701 STONEHURST, JONES OK 73049
Teresa L. Dick	director	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Lisa K. Haines	10 percent owner, officer: EVP; Chief Marketing Officer	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Kelly J Harris	officer: EVP; CFO	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Douglas A Haines	officer: Reg. Pres. of West. OK & KS	1039 NW 63RD STREET, OKLAHOMA CITY OK 73116
Andrew J Levinson	officer: Regional President - Tulsa	5757 S LEWIS AVENUE, SUITE 575, TULSA OK 74105
Henry Litchfield	officer: VP; General Counsel	1039 NW 63RD ST, OKLAHOMA CITY OK 73116
John T Phillips	director, 10 percent owner, officer: Sr. EVP, COO, Secretary	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