Bank7 Q2 FY26 pretax income falls 25.1% to USD 11 million
BSVN•Loans and deposits increase; net interest margin narrows
Total loans rose 6.7% to USD 1.6 billion, while deposits increased 2.7% to USD 1.64 billion.
Net interest margin narrowed 0.15 percentage points to 4.81%.
Management said total cash recovery from the oil-and-gas assets reached USD 20.2 million, exceeding the USD 16.5 million outlay by USD 3.7 million.
Pretax income declines as oil-and-gas asset loss weighs on results
Bank7 posted income before taxes of USD 11 million, down 25.1% from a year earlier.
The company said its efficiency ratio widened to 52.05% from 39.95%, driven mainly by a USD 2.1 million pre-tax loss on oil-and-gas asset disposition.
