Piper Sandler lowered the firm’s price target on Bank7 (BSVN) to $44.50 from $50.50 and keeps an Overweight rating on the shares following solid Q1 results. While an uncertain industry-wide outlook exists amid recent macro developments, the firm believes Bank7 should be a relative outperformer via its conservative credit profile, likely more resilient footprint primarily in Oklahoma and Texas, well-matched balance sheet duration, and proven ability to compound TBV growth at superior clips with its top decile profitability outlook. Piper trims its 2025/2026 EPS by 1% to $4.00/$4.05 primarily to reflect lower near-term loan growth prospects.
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