Piper Sandler raises Bank7 stock price target on strong growth

Piper Sandler has raised its price target for Bank7 Corp. (NASDAQ:BSVN) to $69.00 from $61.00, maintaining an Overweight rating on the shares. The firm's decision is based on Bank7's strong third-quarter results, which included a 2.24% return on assets and a 16.4% return on tangible common equity. The company's pre-provision net revenue grew by 2% due to controlled expenses and loan and deposit growth of 9% and 20% respectively on a linked-quarter annualized basis.

Bank7's stock is currently trading at $57.51, near its 52-week high of $57.67, and has gained 38% year-to-date and 31% over the past six months. Piper Sandler also raised its fourth-quarter 2026 operating earnings per share estimate to $1.10 from $1.09 and its 2027 estimate to $5.55 from $4.55, reflecting the pending Century Bank acquisition.

The new price target is based on 12.5 times the firm's 2027 earnings estimate, which is a premium to the peer group multiple of 10.4 times.

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