Equity BancsharesEQBK
EQBK
About: Equity Bancshares Inc is a bank holding company. The company's operation involves the delivery of loan and deposit products to customers. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Employees: 717
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more capital invested
Capital invested by funds: $369M [Q2] → $436M (+$66.7M) [Q3]
1.4% more ownership
Funds ownership: 68.42% [Q2] → 69.82% (+1.4%) [Q3]
0% more funds holding
Funds holding: 109 [Q2] → 109 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$45
6%
upside
Avg. target
$47
10%
upside
High target
$48
13%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Chris Mcgratty 0 / 0 met price target | 13%upside $48 | Market Perform Maintained | 4 Dec 2024 |
DA Davidson Jeff Rulis 69% 1-year accuracy 9 / 13 met price target | 6%upside $45 | Neutral Maintained | 17 Oct 2024 |
Financial journalist opinion
Based on 3 articles about EQBK published over the past 30 days
Neutral
Business Wire
2 weeks ago
Equity Bancshares, Inc. Announces Closing of $92 Million Class A Common Stock Offering Including Full Exercise of Over-Allotment Option
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”) today announced the closing of its underwritten public offering of 2,067,240 shares of its Class A common stock (the “common stock”), at a public offering price of $44.50 per share, which included 269,640 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock. The total gross proceeds from the offering were approximately $92.0 millio.
Neutral
Business Wire
2 weeks ago
Equity Bancshares, Inc. Announces Pricing of $80 Million Offering of Class A Common Stock
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”) today announced the pricing of its underwritten public offering of 1,797,600 shares of its Class A common stock (the “common stock”), at a public offering price of $44.50 per share, for an aggregate offering amount of $80 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 269,640 shares of common stock at the public offering price, less und.
Neutral
Business Wire
4 weeks ago
Empire Petroleum Increases Revolver Loan Facility with Equity Bank to $20 Million in Support of Strategic Growth Initiatives
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) (“Empire” or the “Company”) today announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank (Equity Bancshares, Inc. NYSE: EQBK), increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December 29, 2026. Currently, Empire has approximately $8.4 million borrowed on the $20.0 million facility. The loan is secured by assets from two of.
Neutral
Seeking Alpha
2 months ago
Equity Bancshares, Inc. (EQBK) Q3 2024 Earnings Call Transcript
Equity Bancshares, Inc. (NYSE:EQBK ) Q3 2024 Earnings Conference Call October 16, 2024 5:00 PM ET Company Participants Brian Katzfey - Director of Corporate Development and Investor Relations Brad Elliott - Chairman and Chief Executive Officer Chris Navratil - Chief Financial Officer Krzysztof Slupkowski - Chief Credit Officer Rick Sems - Bank CEO Conference Call Participants Jeff Rulis - D.A. Davidson & Company Terry McEvoy - Stephens, Inc Andrew Liesch - Piper Sandler Damon DelMonte - Keefe, Bruyette & Woods Operator Hello, everyone, and welcome to Equity Bancshares' Third Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
2 months ago
Equity Bancshares (EQBK) Q3 Earnings Beat Estimates
Equity Bancshares (EQBK) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.80 per share a year ago.
Neutral
Business Wire
2 months ago
Equity Bancshares, Inc. Third Quarter Results Include a Significant Recovery on Problem Asset and 16.9% Annualized Loan Growth
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “the Company,” “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $19.8 million or $1.28 earnings per diluted share for the quarter ended September 30, 2024. “Our Company realized another exceptional earnings quarter, which included the favorable resolution of a significant problem loan," said Brad S. Elliott, Chairman and CEO of Equity. "Our team is committed to serving ou.
Neutral
Business Wire
2 months ago
Equity Bancshares, Inc. Will Announce Third Quarter 2024 Results on October 15, 2024
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its third quarter results on Tuesday, October 15, 2024, with a press release issued after market close. Equity Chairman and Chief Executive Officer Brad Elliott and Chief Financial Officer Chris Navratil will hold a conference call and webcast to discuss earnings results on Wednesday, October 16, 2024 at 10 a.m. eastern time or 9 a.m. central time. A li.
Neutral
Seeking Alpha
5 months ago
Equity Bancshares, Inc. (EQBK) Q2 2024 Earnings Call Transcript
Equity Bancshares, Inc. (NYSE:EQBK ) Q2 2024 Earnings Conference Call July 17, 2024 10:00 AM ET Company Participants Brian Katzfey - Director of Corporate Development and Investor Relations Brad Elliott - Chairman and Chief Executive Officer Rick Sems - Bank President Chris Navratil - Chief Financial Officer Krzysztof Slupkowski - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson & Company Andrew Liesch - Piper Sandler Terry McEvoy - Stephens, Inc Damon DelMonte - Keefe, Bruyette & Woods Brett Rabatin - Hovde Group, LLC Operator Hello, everyone, and welcome to the Equity Bancshares' Second Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
5 months ago
Equity Bancshares (EQBK) Surpasses Q2 Earnings and Revenue Estimates
Equity Bancshares (EQBK) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.80 per share a year ago.
Neutral
Business Wire
5 months ago
Equity Bancshares, Inc. Second Quarter Results Highlighted by Record Net Interest Income and Net Interest Margin Expansion
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “the Company”, “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $11.7 million or $0.76 earnings per diluted share for the quarter ended June 30, 2024. Adjusting to exclude $2.3 million in costs associated with mergers and $1.7 million in costs associated with the surrender and re-positioning of bank owned life insurance (“BOLI”), net income was $15.3 million or $0.99 per.
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