Bank7 Converts Century Deal to Full Merger: $137M for 100% Ownership
BSVN sits 42% above its 52-week low of $38.29.
Summary
Bank7 Corp. upgraded its Century Financial Services acquisition from a 71% stake to a full 100% merger valued at ~$137.3 million ($70M cash + 1.23M shares), expected to close in Q4 2026.
Key Events · M&A and Partnerships · BSVN
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Full Merger Replaces 71% Stake Purchase
Bank7 Corp. entered into a definitive merger agreement on September 16, 2026 to acquire 100% of Century Financial Services Corporation, replacing the previously announced 71% controlling interest purchase from the court-appointed receiver.
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Consideration: $70M Cash + 1.23M Shares
Aggregate merger consideration is $70 million in cash plus 1,232,657 shares of Bank7 common stock, implying a total transaction value of approximately $137.3 million based on the 10-day average closing price of $54.57 as of September 16, 2026.
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Per-Share Terms for Century Holders
Each Century shareholder will receive $210.41 in cash and 3.7052 shares of Bank7 common stock per Century share, with cash paid in lieu of fractional shares and for non-accredited investors.
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Timeline and Approvals
Closing is expected in Q4 2026, subject to Century shareholder approval, Federal Reserve and other regulatory approvals, and court approval in the receivership proceeding. Termination date is November 30, 2026, extendable to June 30, 2027 if regulatory approvals remain outstanding.
Analysis · BSVN · Finance
Bank7 Corp. has restructured its acquisition of Century Financial Services from a 71% controlling interest purchase into a full 100% merger. The new deal values Century at approximately $137.3 million — $70 million in cash plus 1,232,657 shares of Bank7 common stock — a significant escalation from the $91 million auction bid for just 71% announced two weeks ago. This gives Bank7 complete ownership of Century's $1.2 billion legacy deposit franchise in New Mexico, eliminating minority shareholder complexity and positioning the combined entity as a $3.3 billion Southwest banking franchise. The transaction is expected to close in Q4 2026, subject to Century shareholder approval and regulatory clearances.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 40.2% of the 326 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.33%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BSVN was trading at $54.37 on NASDAQ in the Finance sector, with a market capitalization of approximately $517.9M. The 52-week trading range was $38.29 to $57.68. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.