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Bank7 (BSVN) Return-on-Tangible-Equity : 27.22% (As of Mar. 2024)


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What is Bank7 Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bank7's annualized net income for the quarter that ended in Mar. 2024 was $45.15 Mil. Bank7's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $165.90 Mil. Therefore, Bank7's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 27.22%.

The historical rank and industry rank for Bank7's Return-on-Tangible-Equity or its related term are showing as below:

BSVN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.9   Med: 22.17   Max: 39.75
Current: 19.04

During the past 8 years, Bank7's highest Return-on-Tangible-Equity was 39.75%. The lowest was 8.90%. And the median was 22.17%.

BSVN's Return-on-Tangible-Equity is ranked better than
85% of 1453 companies
in the Banks industry
Industry Median: 10.7 vs BSVN: 19.04

Bank7 Return-on-Tangible-Equity Historical Data

The historical data trend for Bank7's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Bank7 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 8.90 18.88 20.77 23.57 19.17

Bank7 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 27.60 26.30 20.23 2.68 27.22

Competitive Comparison of Bank7's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Bank7's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank7's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank7's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bank7's Return-on-Tangible-Equity falls into.



Bank7 Return-on-Tangible-Equity Calculation

Bank7's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=28.275/( (134.161+160.837 )/ 2 )
=28.275/147.499
=19.17 %

Bank7's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=45.152/( (160.837+170.954)/ 2 )
=45.152/165.8955
=27.22 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bank7  (NAS:BSVN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Bank7 Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bank7's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank7 (BSVN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1039 North West 63rd Street, Oklahoma City, OK, USA, 73116
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