Bank7 | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 35.93 M

Revenue: As of FY2025 Q3, the actual value is USD 35.93 M, beating the estimate of USD 24.35 M.

EPS: As of FY2025 Q3, the actual value is USD 1.13, beating the estimate of USD 1.0633.

EBIT: As of FY2025 Q3, the actual value is USD -8.84 M, missing the estimate of USD 14.18 M.

Segment Revenue

• Interest Income: Total interest income for the nine months ended September 30, 2025 was $95,942 thousand, compared to $99,210 thousand for the same period in 2024.

Operational Metrics

• Net Income: Net income for the nine months ended September 30, 2025 was $32,285 thousand, compared to $34,589 thousand for the same period in 2024.
• Provision for Credit Losses: Provision for credit losses for the nine months ended September 30, 2025 was $700 thousand, compared to $0 for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: Net cash provided by operating activities for the nine months ended September 30, 2025 was $37,077 thousand, compared to $41,954 thousand for the same period in 2024.
• Net Cash Used in Investing Activities: Net cash used in investing activities for the nine months ended September 30, 2025 was - $143,191 thousand, compared to $35,232 thousand provided in 2024.
• Net Cash Provided by Financing Activities: Net cash provided by financing activities for the nine months ended September 30, 2025 was $113,686 thousand, compared to - $71,508 thousand used in 2024.

Unique Metrics

• Oil and Gas Related Revenues: Oil and gas related revenues included in ‘Other’ noninterest income for the nine months ended September 30, 2025 were $4.0 million, compared to $6.7 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to operate as a single reportable segment, the Bank, with net income and total assets as key measures used by the Chief Executive Officer to evaluate financial performance.
• Loan Modifications: During the nine months ended September 30, 2025, the company modified eight loans for borrowers experiencing financial difficulty, including one construction and development loan and five commercial and industrial loans, all of which received term extensions.