Bank7 Corp.
BSVNdata completeness 88%10 fiscal years on fileBank7 Corp. earns about 19% on equity, far above its ~9% cost of capital, but has diluted owners by 5% over 5 years — a real edge showing up in the numbers. The estimate methods put fair value between $32.08 and $242.09 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Revenue | $56.3M1 | $78.7M2 | $121.5M3 | $131.5M3 | $128.8M3 |
| Net income | $23.2M4 | $29.6M5 | $28.3M6 | $45.7M6 | $43.1M6 |
| Operating cash flow | $30.1M7 | $39.7M8 | $49.1M9 | $55M9 | $46.1M9 |
| Capital expenditure | $599,00010 | $294,00011 | $2.83M12 | $4.2M12 | $4.74M12 |
| Free cash flow (derived) | $29.5M7 | $39.4M8 | $46.3M9 | $50.8M9 | $41.4M9 |
| Total debt | — | — | — | — | — |
| Cash & equivalents | $204.9M13 | $109.1M14 | $181M14 | $234.2M14 | $244.6M14 |
| Diluted shares | 9.1M | 9.2M | 9.3M | 9.4M | 9.6M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $262.16 of net worth that earned you $44.98 and generated $43.24 of cash last year.
It earned about 19% on equity, year after year, against a ~9% cost of capital — the footprint of real pricing power. Competition usually drags returns like this back down; here it hasn't.
seeing a moat in the numbers →Share count is up 5% over 5 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
The 3 estimate methods that apply put fair value between $32.08 and $242.09 a share. They rest on different assumptions, so where they diverge is the story; the Graham Number is a stricter floor, not a target.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth16.2%
- fcfBase$46.3M
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth16.2%
- fcfBase$46.3M
assumptions (8)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- normalizedEarnings$29.6M
- growthAssumed0.0%
assumptions (1)
- grahamMultiplier2250.0%
Different models answer different questions — which to trust when →
| Bear | 0.0% | $94.63 |
| Base | 16.2% | $161.24 |
| Bull | 20.0% | $183.19 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
Default growth 16.2%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.
- 10-K · period ending 2021-12-31 · accession 0001140361-24-014984 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2022-12-31 · accession 0001140361-25-008438 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2023-12-31 · accession 0001140361-26-009657 (InterestAndDividendIncomeOperating)
- 10-K · period ending 2021-12-31 · accession 0001140361-24-014984 (NetIncomeLoss)
- 10-K · period ending 2022-12-31 · accession 0001140361-25-008438 (NetIncomeLoss)
- 10-K · period ending 2023-12-31 · accession 0001140361-26-009657 (NetIncomeLoss)
- 10-K · period ending 2021-12-31 · accession 0001140361-24-014984 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2022-12-31 · accession 0001140361-25-008438 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2023-12-31 · accession 0001140361-26-009657 (NetCashProvidedByUsedInOperatingActivities)
- 10-K · period ending 2021-12-31 · accession 0001140361-24-014984 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2022-12-31 · accession 0001140361-25-008438 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2023-12-31 · accession 0001140361-26-009657 (PaymentsToAcquirePropertyPlantAndEquipment)
- 10-K · period ending 2021-12-31 · accession 0001140361-25-008438 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
- 10-K · period ending 2022-12-31 · accession 0001140361-26-009657 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)