Equity Bancshares, Inc. logo

Equity Bancshares, Inc.

EQBK

NYSEFinancial ServicesBanks - Regional

Regular session

$50.34

+$0.48 · +0.96%

Aug 24, 11:19 AM ET

EQBK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

56

Fair Value

Momentum

50

Neutral

Sentiment

67

Bullish

Risk resilience

75

Moderate Risk

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Company profile

Company website

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. It accepts demand, savings, money market, and time deposits. The company’s loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, government guaranteed, letter of credit, and other loan products. It also provides loans for 1 – 4 family residential mortgages, agricultural, consumer, residential real estate mortgage, and agricultural real estate and production loans. In addition, the company offers debit and credit cards; insurance brokerage; trust and wealth management; 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; night depository; direct deposit; cashier’s and travelers checks; letters of credit; and ITMs and ATMs. Further, it provides cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts; and banking services through telephone, mail, and personal appointments. Additionally, the company offers treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearing house origination, and stop payments. It operates in Arkansas, Kansas, Missouri, and Oklahoma. Equity Bancshares, Inc. was founded in 1985 and is headquartered in Wichita, Kansas.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Brad S. Elliott
Listed since
Nov 12, 2015
Employees
909

Market position

Day range

Current $50.34

52-week range

Current $50.34

Open
$49.72
Previous close
$49.86
Volume
31.1K
0.26× average
Average volume
120.01K
Average daily volume
Market cap
1.04B USD
Beta
0.77
Market reference 1
50-day average
$49.618
+1.46% above average
200-day average
$46.276
+8.78% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
690.7M USD
P/E (TTM)
28.28×
P/B (TTM)
1.16×
P/S (TTM)
2.72×
EV / EBITDA
8.14×
Earnings yield
2.67%
Free cash flow yield
4.48%
Dividend yield
1.43%

Profitability & efficiency

Gross margin
52.81%
Operating margin
13.51%
Net margin
9.39%
Return on equity
3.10%
Return on assets
0.36%
Return on invested capital
3.67%

Financial health

Debt / equity
0.64×
Current ratio
1.41×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends106%68%30%-8%Gross margin, FY2021: 96.67%Gross margin, FY2022: 88.52%Gross margin, FY2023: 60.36%Gross margin, FY2024: 66.66%Gross margin, FY2025: 50.39%Operating margin, FY2021: 34.49%Operating margin, FY2022: 31.91%Operating margin, FY2023: 1.07%Operating margin, FY2024: 23.97%Operating margin, FY2025: 10.35%Net margin, FY2021: 28.09%Net margin, FY2022: 26.19%Net margin, FY2023: 3.48%Net margin, FY2024: 19.18%Net margin, FY2025: 7.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 96.67%. Gross margin FY2022 88.52%. Gross margin FY2023 60.36%. Gross margin FY2024 66.66%. Gross margin FY2025 50.39%. Operating margin FY2021 34.49%. Operating margin FY2022 31.91%. Operating margin FY2023 1.07%. Operating margin FY2024 23.97%. Operating margin FY2025 10.35%. Net margin FY2021 28.09%. Net margin FY2022 26.19%. Net margin FY2023 3.48%. Net margin FY2024 19.18%. Net margin FY2025 7.23%.

Income trends

Revenue

314.26M USD-3.75%

Operating income

32.53M USD-58.45%

Net income

22.73M USD-63.71%
Income trends across reported periods358.92M USD229.28M USD99.64M USD−29.99M USDRevenue, FY2021: 186.81M USDRevenue, FY2022: 220.29M USDRevenue, FY2023: 224.68M USDRevenue, FY2024: 326.51M USDRevenue, FY2025: 314.26M USDOperating income, FY2021: 64.44M USDOperating income, FY2022: 70.28M USDOperating income, FY2023: 2.42M USDOperating income, FY2024: 78.28M USDOperating income, FY2025: 32.53M USDNet income, FY2021: 52.48M USDNet income, FY2022: 57.69M USDNet income, FY2023: 7.82M USDNet income, FY2024: 62.62M USDNet income, FY2025: 22.73M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 186.81M USD. Revenue FY2022 220.29M USD. Revenue FY2023 224.68M USD. Revenue FY2024 326.51M USD. Revenue FY2025 314.26M USD. Operating income FY2021 64.44M USD. Operating income FY2022 70.28M USD. Operating income FY2023 2.42M USD. Operating income FY2024 78.28M USD. Operating income FY2025 32.53M USD. Net income FY2021 52.48M USD. Net income FY2022 57.69M USD. Net income FY2023 7.82M USD. Net income FY2024 62.62M USD. Net income FY2025 22.73M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue314.26M USD326.51M USD224.68M USD220.29M USD186.81M USD
Cost of goods sold155.89M USD108.85M USD89.05M USD25.29M USD6.22M USD
Gross profit158.37M USD217.67M USD135.63M USD194.99M USD180.59M USD
Selling, general, and administrative68.82M USD80.64M USD72M USD68.19M USD59.23M USD
Operating expenses125.84M USD139.39M USD133.21M USD124.71M USD116.15M USD
Interest income330.84M USD296.84M USD246.71M USD188.25M USD157.37M USD
Interest expense104.75M USD110.68M USD87.69M USD25.42M USD14.79M USD
Depreciation and amortization7.76M USD10.26M USD8.64M USD9.37M USD8.91M USD
Operating income32.53M USD78.28M USD2.42M USD70.28M USD64.44M USD
Net income22.73M USD62.62M USD7.82M USD57.69M USD52.48M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+7.44%
11 comparable reports
Latest EPS result
1.41
Estimate 1.24 · Beat by 13.71%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.471.230.980.74Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 1.1, estimate 0.94, surprise +17.02%, Beat. Q2 2025, reported Apr 15, 2025: actual 0.9, estimate 0.82, surprise +9.76%, Beat. Q3 2025, reported Jul 14, 2025: actual 0.99, estimate 0.9, surprise +10.00%, Beat. Q4 2025, reported Oct 14, 2025: actual 1.21, estimate 0.99, surprise +22.22%, Beat. Q1 2026, reported Jan 21, 2026: actual 1.26, estimate 1.22, surprise +3.28%, Beat. Q2 2026, reported Apr 14, 2026: actual 0.8, estimate 1.15, surprise -30.43%, Miss. Q3 2026, reported Jul 14, 2026: actual 1.41, estimate 1.24, surprise +13.71%, Beat. Q4 2026, reported Oct 13, 2026: actual —, estimate 1.32, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates88.5M73.71M58.93M44.14MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 22, 2025: actual 57.58M USD, estimate 56.12M USD, surprise +2.58%, Beat. Q2 2025, reported Apr 15, 2025: actual 59.98M USD, estimate 56.69M USD, surprise +5.81%, Beat. Q3 2025, reported Jul 14, 2025: actual 57.56M USD, estimate 60.46M USD, surprise -4.79%, Miss. Q4 2025, reported Oct 14, 2025: actual 47.54M USD, estimate 76.89M USD, surprise -38.17%, Miss. Q1 2026, reported Jan 21, 2026: actual 73.03M USD, estimate 73.65M USD, surprise -0.83%, Miss. Q2 2026, reported Apr 14, 2026: actual 83.15M USD, estimate 82.67M USD, surprise +0.59%, Beat. Q3 2026, reported Jul 14, 2026: actual 81.93M USD, estimate 85.1M USD, surprise -3.72%, Miss. Q4 2026, reported Oct 13, 2026: actual —, estimate 85.03M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$55.20

9.65% upside
Past 12 months12-month forecastHigh $59.00Average $55.20Low $51.00

Rating distribution

5 ratings
Strong buy00%
Buy240%
Hold360%
Sell00%
Strong sell00%

Recent analyst actions

4 institutions

EQBK news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.66

2025 complete year+83.3% since 2022

2026 partial: $0.36

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 30, 2026

$0.18

Quarterly

Record Jun 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.18

Quarterly

Record Mar 31, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.18

Quarterly

Record Dec 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.18

Quarterly

Record Sep 30, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.15

Quarterly

Record Jun 30, 2025 · Payment Jul 15, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.15

Quarterly

Record Mar 31, 2025 · Payment Apr 15, 2025

EQBK peers

ETFs holding EQBK

Funds reporting this stock among their holdings, ordered by reported position size.

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