Bank7 Corp. Named Successful Bidder in the Auction for a Controlling Interest in Century Financial Services Corporation

Bank7 Corp. (BSVN) reported Q2 2026 net income of $8.35 million, down 24.8% from $11.11 million, and diluted EPS of $0.87 versus $1.16. Total loans rose 6.7% to $1.60 billion and total assets grew 4.3% to $1.91 billion. Management guided Q3 expenses of $9.5 million to $9.7 million and core NIM of 4.45% to 4.53%.

Bank7 Corp. reported a $3.7 million net gain from exiting its oil and gas investment and said IT material-weakness remediation and related non-recurring costs raised operating expenses. It reiterated mid-single-digit full-year loan growth guidance, expects Q3 expenses of $9.5 million to $9.7 million, and guided core NIM at 4.45% to 4.53%. The bank is pursuing a 71% stake in Century via a court-monitored auction.

Bank7 Corp. (BSVN) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ef20078094_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: Bank7 Corp. Announces Q2 2026 Earnings Oklahoma City, July 16, 2026 – Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudite

Bank7 Corp. (NASDAQ: BSVN) said it signed a definitive stock purchase agreement to acquire about a 71% controlling stake in Century Financial Services Corp., the holding company for Century Bank. The shares are sold via a court-supervised process; Bank7 will act as stalking-horse bidder. Century Bank had $1.35B assets and $1.22B deposits as of Mar. 31, 2026. Closing is expected in Q3.

Nvidia to acquire Hugging Face for $12.9B, expanding its compute access but raising concerns about platform neutrality. Both companies assert Hugging Face will remain independent and hardware-agnostic. The deal may impact AI model development and supply chain security, according to industry experts.

Hugging Face, a French AI startup, pivoted to a B2B model and became a leading platform hosting over 2 million AI models. It focuses on open-source models, contrasting with closed models from OpenAI, Anthropic, and Google. The company recently accepted a takeover by Nvidia, which may increase Nvidia's investment in Europe. French Economy Minister Roland Lescure expressed concerns about European startups being acquired by foreign entities.