Financial Services -
Banks - Regional - NASDAQ - US
$ 35.58
-0.808 %
$ 623 M
Market Cap
8.9
P/E
1. INTRINSIC VALUE
Balance Sheet
Equity Bancshares, Inc.
| Current Assets | 1.22 B |
| Cash & Short-Term Investments | 1.19 B |
| Receivables | 28.9 M |
| Other Current Assets | 0 |
| Non-Current Assets | 184 M |
| Long-Term Investments | 1.01 B |
| PP&E | 116 M |
| Other Non-Current Assets | -941 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 276 M |
| Long-Term Debt | 276 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Equity Bancshares, Inc.
| Revenue | 297 M |
| Cost Of Revenue | 0 |
| Gross Profit | 297 M |
| Operating Expenses | 216 M |
| Operating Income | 290 M |
| Other Expenses | 228 M |
| Net Income | 62.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Equity Bancshares, Inc.
| Net Income | 62.6 M |
| Depreciation & Amortization | 4.29 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -8.11 M |
| Others | -45.7 M |
| Free Cash Flow | 13.8 M |
Wall Street Analysts Price Targets
Equity Bancshares, Inc.
Wall Street analysts predict an average 1-year price target for EQBK of $42.8 , with forecasts ranging from
a
low of
$38 to a high of $46 .
EQBK Lowest Price Target
Wall Street Target
38 USD
6.80%
EQBK Average Price Target
Wall Street Target
42.8 USD
20.29%
EQBK Highest Price Target
Wall Street Target
46 USD
29.29%
4. DIVIDEND
ANALYSIS
0.34%
DIVIDEND YIELD
0.15 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Equity Bancshares, Inc.
Sold
0-3 MONTHS
210 K USD 7
3-6 MONTHS
1.33 M USD 1
6-9 MONTHS
1.68 M USD 4
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
521 K USD 4
3-6 MONTHS
149 K USD 2
6-9 MONTHS
100 K USD 1
9-12 MONTHS
7. News
Equity Bancshares, Inc. Partners with NBC Oklahoma, Adds to Oklahoma Franchise
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced today its entry into a definitive merger agreement with NBC Corp. of Oklahoma (“NBC”), the parent company of NBC Oklahoma, in Oklahoma City, Oklahoma. Equity will merge NBC into Equity, adding seven locations to Equity Bank's current network. "We are excited to expand our presence in Oklahoma through this strategic merger,” said Equity Ban.
businesswire.com
- 2 weeks ago
Equity Bancshares, Inc. Will Announce First Quarter 2025 Results on April 15, 2025
WICHITA, Kan.--(BUSINESS WIRE)--Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its first quarter results on Tuesday, April 15, 2025, 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, April 16, 2025 at 10 a.m. eastern time or 9 a.m. central time. Those wi.
businesswire.com
- 3 weeks ago
Equity Bancshares, Inc. (EQBK) Q4 2024 Earnings Call Transcript
Equity Bancshares, Inc. (NYSE:EQBK ) Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Brian Katzfey - Director, Corporate Development & Investor Relations Brad Elliott - Chairman & Chief Executive Officer Chris Navratil - Chief Financial Officer Krzysztof Slupkowski - Chief Credit Officer Rick Sems - Bank Chief Executive Officer Conference Call Participants Ryan Payne - D.A. Davidson Terry McEvoy - Stephens Andrew Liesch - Piper Sandler Damon DelMonte - KBW Operator Hello, everyone, and welcome to Equity Bancshares' Fourth Quarter 2024 Earnings Call.
seekingalpha.com
- 2 months ago
Equity Bancshares (EQBK) Beats Q4 Earnings and Revenue Estimates
Equity Bancshares (EQBK) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.77 per share a year ago.
zacks.com
- 2 months ago
Equity Bancshares, Inc. Fourth Quarter Results Include Net Interest Margin Expansion and Close of Common Equity Capital Raise
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 $17.0 million or $1.04 earnings per diluted share for the quarter ended December 31, 2024. “Our Company had an excellent year as we realized expansion of our footprint, our balance sheet and our ownership group,” said Brad S. Elliott, Chairman and CEO of Equity. “Our team remains committed to generating value.
businesswire.com
- 2 months ago
Equity Bancshares, Inc. Will Announce Fourth Quarter 2024 Results on January 22, 2025
WICHITA, Kan.--(BUSINESS WIRE)-- #EquityBankUSA--Equity Bancshares, Inc. (NYSE:EQBK), (“Equity”), the Wichita-based holding company of Equity Bank, will release its fourth quarter results on Wednesday, January 22, 2025, 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 Thursday, January 23, 2025 at 10 a.m. eastern time or 9 a.m. central time. A.
businesswire.com
- 3 months 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.
businesswire.com
- 4 months 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.
businesswire.com
- 4 months 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.
businesswire.com
- 4 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.
seekingalpha.com
- 6 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.
zacks.com
- 6 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.
businesswire.com
- 6 months ago
8. Profile
Summary
Equity Bancshares, Inc. EQBK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 623 M
Dividend Yield
0.34%
Description
Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses. The company's loan products also comprise various consumer loans to individuals and professionals, including residential real estate loans, home equity loans and lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides debit cards; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. As of December 31, 2021, it operated a network of 69 branches in Arkansas, Kansas, Missouri, and Oklahoma. The company was founded in 2002 and is headquartered in Wichita, Kansas.
Contact
7701 East Kellogg Drive, Wichita, KS, 67207
https://www.equitybank.com
IPO
Date
Nov. 11, 2015
Employees
810
Officers
Mr. Richard M. Sems
Chief Executive Officer & Director of Equity Bank
Mr. Patrick J. Harbert
Chief Administrative Officer
Mr. Chris M. Navratil
Executive Vice President & Chief Financial Officer
Mr. Brian J. Katzfey
Vice President and Director of Corporate Development & Investor Relations
Ms. Ann M. Knutson
Executive Vice President & Chief Human Resources Officer
Mr. Brad S. Elliott
Founder, Chairman & Chief Executive Officer
Mr. David E. Pass Jr.
Executive Vice President & Chief Information Officer
Ms. Julie A. Huber
Executive Vice President & Chief Operating Officer
Mr. Brett Alan Reber
Executive Vice President & General Counsel
Mr. Gregory H. Kossover CPA
Executive Vice President of Capital Markets & Director