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Adam Pearl

Research Analyst at Piper Sandler & Co.

Adam Pearl is an Equity Research Analyst at Piper Sandler specializing in coverage of the fintech sector, with a particular focus on companies involved in banking technology and payment systems. Throughout his tenure, Pearl has analyzed and provided insights on established firms and emerging players within the digital payments and banking technology landscape, helping investors navigate this rapidly evolving market. He began his career in financial services after earning a degree in finance and subsequently progressed through analytical and strategic sales roles before joining Piper Sandler, bringing a blend of quantitative rigor and industry expertise to his equity research coverage. Pearl holds FINRA Series 7 and Series 63 licenses, underscoring his commitment to professional standards and regulatory compliance.

Adam Pearl's questions to Bank7 (BSVN) leadership

Question · Q3 2025

Adam Pearl inquired about Bank7 Corp.'s loan growth trajectory, current pipeline strength, and expectations for the fourth quarter and into 2026. He also asked about competitive loan pricing dynamics, new loan yields compared to the 7.4% seen in September, and an update on the company's M&A activities. Additionally, Pearl followed up on credit performance, specifically asking about any criticized or classified loan migrations during the quarter amidst macro concerns.

Answer

Jason Estes, Chief Credit Officer, highlighted outstanding organic loan and deposit growth, projecting high single-digit year-over-year growth despite potential lumpy paydowns. He noted new loan funding yields were between 7% and 7.25%, with more competitive pressure on deposits than loans. Tom Travis, President and CEO, confirmed ongoing M&A exploration for strategic combinations. Estes later added that credit migrations were very benign, slightly positive, and the portfolio's credit quality was strong.

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