Sign in

You're signed outSign in or to get full access.

Woodrow Lay

Managing Director and research analyst at KBW

Wood 'Woody' Lay is a Managing Director and research analyst at Keefe, Bruyette & Woods (KBW), specializing in SMID-cap banks. He covers small- and mid-cap banking institutions, though specific company names are not publicly detailed in available profiles, and performance metrics such as success rates or rankings on platforms like TipRanks are not available from current sources. Lay joined KBW in 2017 after earning a Bachelor of Arts in Economics and History from the University of North Carolina and a Master of Science in Commerce from the University of Virginia; he holds the CFA charter as his key professional credential, with no prior firms or FINRA registrations specified in accessible records.

Woodrow Lay's questions to Bank7 (BSVN) leadership

Question · Q4 2025

Woodrow Lay inquired about Bank7's strong loan growth in 2025, specifically if lighter payoff activity contributed to the consistent growth, and asked for forward expectations. He also questioned if 2026 growth could mirror 2025 and sought clarity on net interest margin compression, its trend with potential rate cuts, and historical NIM ranges.

Answer

Thomas L. Travis (President and CEO) and Jason Estes (EVP and COO) attributed strong loan growth to thriving economies in Oklahoma and Texas, noting accelerated payoffs throughout 2025 but lighter in Q4. They anticipate $25 million/month in payoffs for 2026, requiring $35-$45 million/month in new fundings. Jason Estes indicated that 2026 growth matching 2025 would be a stretch due to pricing pressure. Thomas L. Travis and Kelly Harris (CFO) explained NIM compression was from an all-time high, with loans reaching floors. Kelly Harris stated the current NIM of 445 is a good starting point, potentially dipping slightly, while Thomas L. Travis mentioned historical lows around 415-420 with deeper rate cuts.

Ask follow-up questions

Fintool

Fintool can predict Bank7 logo BSVN's earnings beat/miss a week before the call

Question · Q4 2025

Woodrow Lay from KBW inquired about Bank7 Corp.'s exceptional loan growth in 2025, specifically asking if lighter payoff activity contributed to the sustained momentum and what the forward expectations for loan growth are, including the potential for 2026 growth to mirror 2025. He also questioned the net interest margin (NIM) compression, its expected trend with future rate cuts, and the historical NIM ranges.

Answer

President and CEO Thomas L. Travis and EVP and COO Jason Estes explained that while payoffs were accelerated throughout 2025, strong demand in Oklahoma and Texas, combined with the team's efforts, drove significant loan growth, requiring $35-$45 million in new fundings monthly against $25 million in payoffs. Jason Estes indicated that replicating 2025's growth in 2026 would be a stretch due to pricing pressures. CFO Kelly Harris and President and CEO Thomas L. Travis addressed NIM compression, noting it occurred from an all-time high. They anticipate the current NIM around 4.45% could dip slightly with further rate cuts, potentially touching historical lows (around 4.35%) if cuts are deeper, as loan floors help but depositors demand higher rates.

Ask follow-up questions

Fintool

Fintool can write a report on Bank7 logo BSVN's next earnings in your company's style and formatting