Bank7 to acquire Century Financial Services in $137.3m deal

Bank7 Corp. (BSVN) will acquire Century Financial Services Corp., parent of Century Bank, for $137.3M, including $70M cash and 1.23M shares. Deal values Century shares at $210.41 cash plus 3.7052 BSVN shares each. Combined entity will have $3.3B in assets. Transaction expected to close Q4 2026.

Bank7 Corp. (BSVN) will acquire Century Financial Services Corporation, expanding into New Mexico. The deal, valued at $137.3M, includes $70M in cash and 1.23M shares. Century has $1.36B in assets, $1.23B in deposits. Both banks focus on community banking. The transaction is subject to regulatory and shareholder approvals.

Bank7 Corp. (BSVN) has been named the successful bidder to acquire a 71% stake in Century Financial Services Corp. for $89 million. The deal, subject to regulatory approvals, is expected to close in Q4 2026. Century Bank has $1.36 billion in assets, and the merger would create a combined entity with $3.4 billion in total assets.

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