Bank7 Corp. has officially completed its merger with Century Financial Services Corporation, a significant move that is expected to enhance its market presence and operational capabilities. The merger, effective November 1, 2026, marks a pivotal moment for both companies and the broader state commercial banking industry.

Bank7 Corp., the parent company of Bank7, operates primarily in Oklahoma and the Dallas/Fort Worth area. With this merger, the company aims to combine its high-performing banking operations with Century's established core deposit franchise, creating a stronger entity capable of better serving its customers.

Background

Bank7 Corp. is a bank holding company headquartered in Oklahoma City, Oklahoma, classified under the SIC code 6022 for State Commercial Banks. The company is listed on the Nasdaq under the ticker symbol BSVN. Recent filings indicate that the company has been actively pursuing strategic growth opportunities, including this merger with Century Financial Services, which was first announced in September 2026.

What the Filing Says

According to the recent SEC filing (accession number 0001140361-26-041436), the merger became effective at 12:01 a.m. Central Time on November 1, 2026. Each share of Century common stock was converted into the right to receive approximately $210.41 in cash and 3.7052 shares of Bank7's common stock. The filing also noted that no fractional shares were issued in the merger.

Impact

This merger is expected to have a significant impact on both companies' customers and the market. Bank7 aims to leverage Century's existing customer base and branch network to enhance its service offerings. The merger will allow for improved financial products and services, benefiting both existing and new customers in Oklahoma and New Mexico.

What's Next

The filing does not specify what happens next, but the merger is anticipated to lead to further integration of operations and potential future growth initiatives for Bank7 Corp.