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EQBK

Equity Bancshares, Inc.

EQBK

Equity Bancshares, Inc. • NASDAQ
$43.54 ▲ 0.11% (+0.05)
Market Cap $830.59 M
52w High $49.05
52w Low $34.11
Dividend Yield 0.72%
P/E 39.94
Volume 48.20K
Outstanding Shares 19.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $47.542M ▼ $1.67M ▼ $-29.663M ▼ -62.393% ▼ $-1.55 ▼ $14.585M ▼
Q2-2025 $81.947M ▼ $39.173M ▲ $15.264M ▲ 18.627% ▲ $0.87 ▲ $21.03M ▼
Q1-2025 $84.37M ▲ $38.408M ▲ $15.041M ▼ 17.827% ▼ $0.86 ▼ $21.512M ▼
Q4-2024 $83.081M ▲ $37.094M ▲ $16.986M ▼ 20.445% ▼ $1.06 ▼ $22.977M ▼
Q3-2024 $82.759M $28.81M $19.851M 23.987% $1.3 $26.466M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.603B ▲ $6.356B ▲ $5.644B ▲ $711.892M ▲
Q2-2025 $1.34B ▲ $5.374B ▼ $4.738B ▼ $635.636M ▲
Q1-2025 $1.183B ▼ $5.446B ▲ $4.829B ▲ $617.324M ▲
Q4-2024 $1.187B ▼ $5.332B ▼ $4.739B ▼ $592.918M ▲
Q3-2024 $1.259B $5.355B $4.851B $504.038M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-29.663M ▼ $8.473M ▼ $250.96M ▲ $73.773M ▲ $333.206M ▲ $4.451M ▼
Q2-2025 $15.264M ▲ $28.263M ▲ $10.389M ▲ $-103.83M ▼ $-65.178M ▼ $25.981M ▲
Q1-2025 $15.041M ▼ $21.68M ▼ $-57.817M ▼ $83.772M ▲ $47.635M ▼ $20.216M ▲
Q4-2024 $16.986M ▼ $21.698M ▼ $155.575M ▲ $-29.009M ▼ $148.264M ▲ $19.85M ▲
Q3-2024 $19.851M $23.478M $-60.716M $12.455M $-24.783M $19.691M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Debit Card
Debit Card
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Financial Service
Financial Service
 $0 ▲$0 ▲$0 ▲$0 ▲
Mortgage Banking
Mortgage Banking
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Equity Bancshares shows a generally healthy income trend over the past few years, with revenue steadily expanding and profitability recovering strongly after a weak year in the middle of the period. Earnings dropped sharply during that softer year but bounced back to levels that are more in line with its better historical performance, suggesting the issues were more cyclical or one‑off than structural. Margins appear to have improved again recently, indicating better cost control and more efficient use of its balance sheet. The main watchpoint is how sustainable this rebound is in a changing interest‑rate and credit environment.

Balance Sheet

Balance Sheet The balance sheet has grown consistently, reflecting a larger franchise and expanded lending base. Cash levels look comfortable for a regional bank, and overall funding appears well balanced rather than heavily reliant on debt. Equity has been building over time, which strengthens the capital base and provides more cushion against potential loan losses or economic shocks. The bank does use leverage, as is normal in banking, but its capital trend is moving in a reassuring direction, with no obvious signs of strain in the summary figures given.

Cash Flow

Cash Flow Cash generation looks steady and positive, with operating cash flow repeatedly covering investment needs and leaving room for flexibility. Free cash flow has been consistently positive, helped by relatively modest capital spending requirements. This pattern suggests the bank has been able to support growth, invest in its platform, and still retain internal resources for resilience. The key question going forward is whether this dependable cash profile can be maintained if credit conditions tighten or growth investments increase.

Competitive Edge

Competitive Edge Equity Bancshares occupies a solid niche as a growing regional bank that combines community‑bank relationships with a broader product set more typical of larger institutions. Its main competitive edge comes from disciplined acquisitions and effective integration of smaller banks, allowing it to expand its footprint and gain scale without losing local touch. The bank offers a wide range of commercial, treasury, and wealth‑management services, which helps deepen relationships with business and high‑value customers. The flip side is that its strategy depends heavily on continuing to find and integrate suitable acquisition targets while managing credit and interest‑rate risks across a larger, more complex franchise.

Innovation and R&D

Innovation and R&D Innovation spending here is focused on practical banking technology rather than groundbreaking research. The bank leans on established digital tools—online and mobile banking, remote deposit, treasury services, and digital wallets—and works to integrate them smoothly across acquired institutions. Recent moves like adding live chat and planning a virtual assistant show a willingness to keep modernizing customer service, even if it is not setting industry standards for tech leadership. The main execution risk is staying current with customer expectations and cybersecurity while relying on largely off‑the‑shelf solutions rather than proprietary platforms.

Summary

Overall, Equity Bancshares presents the picture of a steadily growing regional bank that has bounced back from a weaker year with stronger earnings and healthier margins. Its balance sheet and cash flows look sound, providing a reasonable foundation for continued expansion and risk absorption. The bank’s story is driven by acquisitions and relationship banking, supported by competent but not cutting‑edge digital capabilities. Key factors to monitor include credit quality, interest‑rate sensitivity, the pace and success of future deals, and whether recent profit strength can be maintained through a full economic cycle.

NEWS

October 14, 2025 · 4:30 PM UTC

Equity Bancshares, Inc. Third Quarter Results Highlighted by Balance Sheet and Net Interest Margin Expansion

Read more

September 25, 2025 · 6:43 PM UTC

Equity Bancshares, Inc. Will Announce Third Quarter 2025 Results on October 14, 2025

Read more