showing the working

← Bank7

The business behind the dividend

MeasureBSVNMedianFormula
Return on equity17.2%10.6%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earnings$39.45m$120.90mNet income + depreciation & amortisation − capital expenditure
Free cash flow$41.40m$155.08mOperating cash flow − capital expenditure
Operating margin44.1%14.3%Operating income ÷ revenue
Net margin33.4%10.1%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest coverOperating income ÷ interest expense
Current ratioCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversionOperating cash flow ÷ net income
Accruals-0.2%-3.1%(Net income − operating cash flow) ÷ total assets

Not computed here: Cash conversion, Current ratio, Debt to equity, Long-term debt to working capital, Interest cover, Return on capital employed — why a blank is not a zero.

Ten years of it

The same measures, for every year the filings support. One year is a fact; a row is a business.

Measure2025202420232022202120202019201820172016Median
Return on equity17.2%21.4%16.6%20.6%18.2%18.0%8.2%28.3%34.4%30.5%18.2%
Operating margin44.1%45.9%30.6%49.9%54.9%48.6%29.1%55.1%55.5%50.7%48.6%
Net margin33.4%34.7%23.3%37.6%41.1%36.1%15.9%53.4%55.5%50.7%36.1%

How it compares in banks & insurers

Among the 377 banks & insurers companies here measured on GAAP earnings, Bank7 pays out less than 266 of them. The median for that group is 30.6%, against this company’s 22.7%.

Closest on GAAP earnings

Same sector and same denominator, so the figures are comparable. All 377 in banks & insurers →