Exhibit 99.1

FOR IMMEDIATE RELEASE: Bank7 Corp. Announces Q3 2024 Earnings

Oklahoma City, October 11, 2024 – Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the quarter ended September 30, 2024. “We are pleased to announce another record quarter of net income and EPS. Our properly matched balance sheet, disciplined approach to cost controls, and excellent credit quality continues to produce outstanding results” said Thomas L. Travis, President and CEO of the Company.”

For the three months ended September 30, 2024 compared to the three months ended September 30, 2023:

Net income of $11.8 million compared to $7.9 million, an increase of 49.97%

Earnings per share of $1.24 compared to $0.85, an increase of 45.88%

Total assets of $1.7 billion compared to $1.8 billion, a decrease of 1.80%

Total loans of $1.4 billion compared to $1.4 billion, an increase of 3.21%

PPE of $15.5 million compared to $14.4 million, an increase of 7.86%

Total interest income of $33.5 million compared to $31.7 million, an increase of 5.57%

Three months ended September 30, 2024 compared to three months ended June 30, 2024

Net income of $11.8 million compared to $11.5 million, an increase of 2.20%

Earnings per share of $1.24 compared to $1.23, an increase of 0.81%

Total assets of $1.7 billion compared to $1.7 billion, an increase of 3.42%

Total loans of $1.4 billion compared to $1.4 billion, an increase of 6.32%

PPE of $15.5 million compared to $15.3 million, an increase of 1.61%

Total interest income of $33.5 million compared to $32.4 million, an increase of 3.24%

Both the Bank’s and the Company’s capital levels continue to be significantly above the minimum levels required to be designated as “well-capitalized” for regulatory purposes. On September 30, 2024, the Bank’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 11.64%, 12.93%, and 14.12%, respectively. On September 30, 2024, on a consolidated basis, the Company’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 11.64%, 12.92%, and 14.11%, respectively. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Non-GAAP Financial Measures:

This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings (“PPE”). The Company’s management uses this non-GAAP measure in their analysis of the Company’s performance. This measure adjusts GAAP performance to exclude from net income, income tax expense, provision for credit losses, and loss on sales and calls of available-for-sale debt securities.

	For the Three Months Ended
	September 30, 2024		June 30, 2024		September 30, 2023
Calculation of Pre-Provision Pre-Tax Earnings ("PPE")	(Dollars in thousands)
Net Income	$	11,777	$	11,524	$	7,853
Income Tax Expense		3,719		3,731		2,351
Pre-tax net income		15,496		15,255		10,204
Add back: Provision for credit losses		-		-		4,159
Add back: (Gain)Loss on sales/calls of AFS debt securities		4		-		7
Pre-provision pre-tax earnings		15,500		15,255		14,370

Assets	September 30, 2024 (unaudited)			December 31, 2023

Cash and due from banks	$	186,720		$	181,042
Interest-bearing time deposits in other banks		8,715			17,679
Available-for-sale debt securities		65,160			169,487
Loans, net of allowance for credit losses of $17,873 and $19,691 at September 30, 2024 and December 31, 2023, respectively		1,419,671			1,341,148
Loans held for sale, at fair value		-			718
Premises and equipment, net		17,126			14,942
Nonmarketable equity securities		1,278			1,283
Core deposit intangibles		907			1,031
Goodwill		8,458			8,458
Interest receivable and other assets		32,407			35,878

Total assets	$	1,740,442		$	1,771,666

Liabilities and Shareholders’ Equity

Deposits
Noninterest-bearing	$	322,480		$	482,349
Interest-bearing		1,201,736			1,109,042

Total deposits		1,524,216			1,591,391

Income taxes payable		427			302
Interest payable and other liabilities		11,637			9,647

Total liabilities		1,536,280			1,601,340

Shareholders’ equity

Common stock, $0.01 par value; 50,000,000 shares authorized; shares issued and outstanding: 9,341,267 and 9,197,696 at September 30, 2024 and December 31, 2023, respectively		93			92
Additional paid-in capital		100,760			97,417
Retained earnings		107,426			78,962
Accumulated other comprehensive loss		(4,117	)		(6,145	)

Total shareholders’ equity		204,162			170,326

Total liabilities and shareholders’ equity	$	1,740,442		$	1,771,666

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2024 (unaudited)			2023			2024 (unaudited)			2023
Interest Income
Loans, including fees	$	30,791		$	28,880		$	89,834		$	81,117
Interest-bearing time deposits in other banks		177			159			675			270
Debt securities, taxable		303			699			2,266			2,106
Debt securities, tax-exempt		69			81			214			253
Other interest and dividend income		2,148			1,903			6,221			5,398

Total interest income		33,488			31,722			99,210			89,144

Interest Expense
Deposits		12,271			10,976			34,752			27,894

Total interest expense		12,271			10,976			34,752			27,894

Net Interest Income		21,217			20,746			64,458			61,250

Provision for Credit Losses		-			4,159			-			5,645

Net Interest Income After Provision for Credit Losses		21,217			16,587			64,458			55,605

Noninterest Income
Mortgage lending income		103			6			233			172
Loss on sales, prepayments, and calls of available-for-sale debt securities		(4	)		(7	)		(4	)		(15	)
Service charges on deposit accounts		233			213			742			647
Other		3,345			795			7,881			1,668

Total noninterest income		3,677			1,007			8,852			2,472

Noninterest Expense
Salaries and employee benefits		5,333			4,910			15,740			14,299
Furniture and equipment		258			254			813			755
Occupancy		711			662			1,985			1,980
Data and item processing		498			424			1,437			1,280
Accounting, marketing and legal fees		218			14			582			491
Regulatory assessments		261			279			984			1,013
Advertsing and public relations		129			74			358			273
Travel, lodging and entertainment		87			85			270			255
Other		1,903			688			5,507			2,068

Total noninterest expense		9,398			7,390			27,676			22,414

Income Before Taxes		15,496			10,204			45,634			35,663
Income tax expense		3,719			2,351			11,045			8,457
Net Income	$	11,777		$	7,853		$	34,589		$	27,206

Earnings per common share - basic	$	1.26		$	0.86		$	3.73		$	2.97
Earnings per common share - diluted		1.24			0.85			3.68			2.94
Weighted average common shares outstanding - basic		9,323,622			9,158,027			9,264,616			9,152,788
Weighted average common shares outstanding - diluted		9,498,318			9,273,595			9,402,214			9,262,003

Other comprehensive income (loss)
Unrealized gains (losses) on securities, net of tax expense of $515 and tax benefit of $485 for the three months ended September 30, 2024 and 2023, respectively; net of tax expense of $638 and $70 for the nine months ended September 30, 2024 and 2023, respectively	$	1,628		$	(372	)	$	2,025		$	214
Reclassification adjustment for realized losses included in net income net of tax of $1 and $2 for the three months ended September 30, 2024 and 2023, respectively; $1 and $4 for the nine months ended September 30, 2024 and 2023, respectively		3			5			3			11
Other comprehensive income (loss)	$	1,631		$	(367	)	$	2,028		$	225
Comprehensive Income	$	13,408		$	7,486		$	36,617		$	27,431

	Net Interest Margin
	For the Nine Months Ended September 30,
	2024 (unaudited)							2023
	Average Balance		Interest Income/ Expense		Average Yield/ Rate			Average Balance		Interest Income/ Expense		Average Yield/ Rate
	(Dollars in thousands)
Interest-Earning Assets:
Short-term investments	$	180,426	$	6,896		5.09	%	$	162,432	$	5,668		4.67	%
Debt securities, taxable-equivalent		103,507		2,266		2.92			152,702		2,106		1.84
Debt securities, tax exempt		17,468		214		1.63			19,828		253		1.71
Loans held for sale		281		-		-			115		-		-
Total loans(1)		1,381,200		89,834		8.66			1,299,754		81,117		8.34
Total interest-earning assets		1,682,882		99,210		7.85			1,634,831		89,144		7.29
Noninterest-earning assets		39,499							22,560
Total assets	$	1,722,381						$	1,657,391

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	872,635		25,726		3.93	%	$	812,962		20,346		3.35	%
Time deposits		255,348		9,026		4.71			257,418		7,548		3.92
Total interest-bearing deposits		1,127,983		34,752		4.10			1,070,380		27,894		3.48
Total interest-bearing liabilities		1,127,983		34,752		4.10			1,070,380		27,894		3.48

Noninterest-bearing liabilities:
Noninterest-bearing deposits		395,822							420,356
Other noninterest-bearing liabilities		12,219							10,496
Total noninterest-bearing liabilities		408,041							430,852
Shareholders' equity		186,357							156,159
Total liabilities and shareholders' equity	$	1,722,381						$	1,657,391

Net interest income			$	64,458						$	61,250
Net interest spread						3.75	%						3.81	%
Net interest margin						5.10	%						5.01	%

(1)	Nonaccrual loans are included in total loans

	Net Interest Margin
	For the Three Months Ended September 30,
	2024 (unaudited)							2023
	Average Balance		Interest Income/ Expense		Average Yield/ Rate			Average Balance		Interest Income/ Expense		Average Yield/ Rate
	(Dollars in thousands)
Interest-Earning Assets:
Short-term investments	$	191,583	$	2,325		4.81	%	$	176,589	$	2,062		4.63	%
Debt securities, taxable-equivalent		51,172		303		2.35			151,174		699		1.83
Debt securities, tax exempt		16,889		69		1.62			19,430		81		1.65
Loans held for sale		250		-		-			232		-		-
Total loans(1)		1,418,512		30,791		8.61			1,344,038		28,880		8.52
Total interest-earning assets		1,678,406		33,488		7.92			1,691,463		31,722		7.44
Noninterest-earning assets		40,002							23,407
Total assets	$	1,718,408						$	1,714,870

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	922,117		9,237		3.97	%	$	823,331		7,733		3.73	%
Time deposits		253,640		3,034		4.75			292,235		3,243		4.40
Total interest-bearing deposits		1,175,757		12,271		4.14			1,115,566		10,976		3.90
Total interest-bearing liabilities	$	1,175,757		12,271		4.14		$	1,115,566		10,976		3.90

Noninterest-bearing liabilities:
Noninterest-bearing deposits	$	332,487						$	422,691
Other noninterest-bearing liabilities		12,221							11,649
Total noninterest-bearing liabilities		344,708							434,340
Shareholders' equity		197,943							164,964
Total liabilities and shareholders' equity	$	1,718,408						$	1,714,870

Net interest income			$	21,217						$	20,746
Net interest spread						3.78	%						3.54	%
Net interest margin						5.02	%						4.87	%

(1)	Nonaccrual loans are included in total loans

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its third quarter results, which will be broadcast live over the Internet, on Friday, October 11, 2024 at 10:00 a.m. central standard time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://app.webinar.net/A87GMojkvZD. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/A87GMojkvZD shortly after the call for 1 year.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.’s current views with respect to, among other things, future events and Bank7 Corp.’s financial performance. Any statements about Bank7 Corp.’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon: the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters. These other matters include, among other things, the impact the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.’s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.’s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:

Thomas Travis
President & CEO
(405) 810-8600