Bank7 Corp. Completes Merger with Century Financial Services Corporation
Bank7 Corp. has finalized its acquisition of Century Financial Services Corporation, the parent company of Century Bank, effective November 1, 2026.
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Bank7 Corp. Executive Vice President Darrell Lee Mathews Jr. disclosed the exercise of 1,750 stock options and the subsequent sale of the acquired shares on October 20, 2026.
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Bank7 Corp. has finalized its acquisition of Century Financial Services Corporation, the parent company of Century Bank, effective November 1, 2026.
Filed: 2026-11-02 AccNo: 0001140361-26-041436 Size: 172 KB Item 2.01: Completion of Acquisition or Disposition of Assets Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Mammoth Energy Services, Inc. has secured a $58 million aviation term loan facility provided by Bank7.
Bank7 announced its pending acquisition of Century Financial, which will close on November 1, 2026. The merger provides low-cost core deposits from New Mexico to support loan expansion in Texas and Oklahoma. Management demonstrated disciplined capital deployment, overcame $130 million in customer loan payoffs through strong commercial pipeline activity, and expects 75-80% of cost savings to materialize immediately post-closing. Success will depend on maintaining pricing discipline and efficiently deploying acquired deposits into high-growth markets.
Piper Sandler analyst Nathan Race maintains Bank7 (NASDAQ:BSVN) with a Overweight and raises the price target from $61 to $69.
Bank7 (NASDAQ:BSVN) released third-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and