Equity Bancshares, Inc.

Equity Bancshares, Inc.

EQBK · NYSE · Financial Services / Banks - Regional

49.31USD+0.25 (+0.51%)

Price History

Full chart

Market Stats

Previous Close49.06
Open49.43
Day Range49.04 – 49.43
52-Week Range38.15 – 52.27
Volume81.08K
Market Cap991.94M
P/E (TTM)30.68
Forward P/E10.38
EPS1.57
Dividend Yield1.83%
Beta0.77
50-Day Avg50.22
200-Day Avg47.07

About

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.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Brad S. Elliott
  • Employees909
  • Headquarters7701 East Kellogg Drive, Wichita, KS, United States, 67207, USA
  • Websitehttps://www.equitybank.com

Leadership

  • Mr. Brad S. ElliottFounder, Chairman & CEO · b. 1966
  • Mr. Chris M. NavratilExecutive VP & CFO · b. 1987
  • Ms. Julie A. HuberExecutive VP & COO · b. 1970
  • Mr. Gregory H. Kossover CPAExecutive VP, Senior Regional CEO & Director · b. 1963
  • Mr. Richard M. SemsCEO & Director of Equity Bank · b. 1972
  • Mr. David E. Pass Jr.Executive VP & Chief Information Officer · b. 1969
  • Mr. Brian J. KatzfeyVP and Director of Corporate Development & Investor Relations
  • Mr. Brett Alan ReberExecutive VP & General Counsel · b. 1959
  • Laurel ClineChief Marketing Officer
  • Mr. Mark C. ParmanEVP & Senior Regional CEO of Metro Markets · b. 1962

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue28.74M54.37M54.75M61.29M70.99M115.88M178.92M197.93M177.04M186.81M220.28M224.68M326.51M314.26M
Growth (%)-+89.18%+0.70%+11.94%+15.83%+63.23%+54.40%+10.63%-10.55%+5.52%+17.92%+1.99%+45.33%-3.75%
Cost of Revenue-8.19M6.63M9.81M11.32M19.32M40.72M68.00M47.16M6.22M25.29M89.05M108.85M155.89M
Gross Profit28.74M46.18M48.12M51.48M59.67M96.56M138.20M129.94M129.88M180.59M194.99M135.63M217.67M158.37M
Gross Margin100.00%84.93%87.89%83.99%84.05%83.32%77.24%65.65%73.36%96.67%88.52%60.36%66.66%50.39%
Operating Expense22.90M34.77M34.93M37.04M45.80M65.53M92.03M97.08M204.45M116.15M124.71M133.21M139.38M125.84M
Operating Income5.84M11.41M13.19M14.44M13.87M31.03M46.17M32.86M-74.57M64.44M70.28M2.42M78.28M32.53M
Operating Margin20.32%20.98%24.09%23.56%19.54%26.77%25.81%16.60%-42.12%34.49%31.91%1.07%23.97%10.35%
EBITDA-372.00K11.89M15.05M16.39M16.05M34.59M51.80M40.27M-66.33M73.34M79.65M11.05M88.54M84.83M
EBITDA Margin-1.29%21.88%27.49%26.74%22.61%29.85%28.95%20.34%-37.47%39.26%36.16%4.92%27.12%27.00%
Net Income3.81M7.87M8.99M10.30M9.37M20.65M35.83M25.58M-74.97M52.48M57.69M7.82M62.62M22.73M
Net Income Margin13.27%14.48%16.41%16.80%13.20%17.82%20.02%12.92%-42.35%28.09%26.19%3.48%19.18%7.23%
Interest Expense-5.61M5.43M6.77M9.20M16.69M36.76M49.64M22.91M14.79M25.42M87.69M110.68M104.75M
Interest Expense % of Total Revenue-10.32%9.92%11.04%12.96%14.40%20.54%25.08%12.94%7.92%11.54%39.03%33.90%33.33%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.19B1.14B1.18B1.59B2.19B3.17B4.06B3.95B4.01B5.14B4.98B5.03B5.33B6.37B
Total Liabilities57.55M1.00B1.06B1.42B1.93B2.80B3.61B3.47B3.61B4.64B4.57B4.58B4.74B5.64B
Total Equity138.17M139.87M117.73M167.23M257.96M374.14M455.94M478.06M407.65M500.63M410.06M452.86M592.92M732.05M
Cash100.37M24.60M37.19M41.52M37.89M51.53M197.73M91.47M280.40M259.13M104.01M363.29M383.50M607.56M
Total Debt-43.37M70.37M222.17M307.63M418.17M464.68M383.63M97.83M95.89M281.73M380.50M312.80M448.22M
Net Debt-100.37M18.76M33.18M131.78M235.38M312.63M266.95M292.16M-182.57M-163.25M177.72M17.21M-70.71M-159.34M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--1.45M13.63M13.62M15.55M27.63M36.67M48.52M43.62M102.70M74.07M76.53M73.84M51.37M
Investing Cash Flow---46.58M-266.94M-140.69M-222.92M-171.49M96.10M96.00M-315.34M-214.18M232.17M123.73M136.92M
Financing Cash Flow--1.54M43.99M278.44M103.41M212.40M275.44M-248.15M51.78M191.90M-15.41M-34.03M-192.93M35.79M
Capital Expenditure01.84M4.68M5.74M2.80M6.87M8.83M7.00M9.61M5.10M3.49M16.14M8.49M13.25M
Free Cash Flow--1.45M8.96M7.88M12.75M20.75M27.84M41.52M34.01M97.60M70.58M60.39M65.35M38.11M
Dividends Paid-970.00K804.00K164.00K42.00K-1.15M1.15M1.15M1.15M5.56M6.61M7.89M11.42M
FCF to OCF-100.00%65.70%57.89%82.02%75.12%75.92%85.57%77.97%95.03%95.29%78.91%88.50%74.20%
Dividend Paid to FCF--67.08%8.98%2.08%0.33%-4.13%2.77%3.38%1.18%7.88%10.95%12.08%29.96%

Earnings

Report DateDec 23, 2015Jan 28, 2016Apr 21, 2016Jul 21, 2016Oct 20, 2016Jan 26, 2017Apr 20, 2017Jul 20, 2017Oct 19, 2017Jan 25, 2018Apr 19, 2018Jul 19, 2018Oct 16, 2018Jan 23, 2019Apr 22, 2019Jul 22, 2019Oct 21, 2019Jan 23, 2020Apr 29, 2020Jul 21, 2020Oct 20, 2020Jan 25, 2021Apr 20, 2021Jul 19, 2021Oct 19, 2021Jan 26, 2022Apr 19, 2022Jul 19, 2022Oct 18, 2022Jan 25, 2023Apr 18, 2023Jul 18, 2023Oct 17, 2023Jan 24, 2024Apr 16, 2024Jul 16, 2024Oct 15, 2024Jan 22, 2025Apr 15, 2025Jul 14, 2025Oct 14, 2025Jan 21, 2026Apr 14, 2026Jul 14, 2026Oct 13, 2026
EPS Estimate0.430.290.360.380.380.350.430.500.500.530.650.670.720.730.650.600.610.600.460.130.430.540.560.630.720.630.630.750.810.800.750.690.730.730.850.920.990.920.830.890.991.131.161.241.31
EPS Actual0.430.410.380.340.320.260.450.510.470.440.610.680.680.66-0.230.600.660.640.080.110.600.731.031.020.960.820.940.910.940.700.770.810.800.771.030.991.311.030.840.931.161.201.241.41-
Surprise0.00%41.38%5.56%-10.53%-15.79%-25.71%4.65%2.00%-6.00%-16.98%-6.15%1.49%-5.56%-9.59%-135.38%0.00%8.20%6.67%-82.61%-15.38%39.53%35.19%83.93%61.90%33.33%30.16%49.21%21.33%16.05%-12.50%2.67%17.39%9.59%5.48%21.18%7.61%32.32%11.96%1.20%4.49%17.17%6.19%6.90%13.71%-
TimingPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap991.94M
Enterprise Value974.41M
Trailing P/E30.68
Forward P/E10.38
PEG Ratio1.69
Price / Sales4.07
Price / Book1.19
EPS1.57
Book Value40.20
Revenue (TTM)243.86M
Gross Profit (TTM)243.86M
Profit Margin14.69%
Operating Margin46.28%
Return on Equity4.90%
Return on Assets0.55%
Shares Outstanding20.59M
Shares Float17.69M
Beta0.77
Dividend Yield1.83%
Dividend Rate0.88
Payout Ratio15.17%

Analyst Ratings

Buy
Based on 6 analystsTarget 56.86
  • Strong Buy
    2
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
67.22%
Insiders
13.94%
Retail / Other
18.84%

Top Institutional Holders

  • T. Rowe Price Investment Management,Inc.
    2.09M10.15%
  • BlackRock Inc
    1.38M6.70%
  • Patriot Financial Partners GP II, LP
    1.02M4.94%
  • FJ Capital Management LLC
    961.49K4.67%
  • Dimensional Fund Advisors, Inc.
    770.53K3.74%
  • Vanguard Capital Management, LLC
    700.91K3.41%
  • State Street Corp
    498.08K2.42%
  • Geode Capital Management, LLC
    393.92K1.91%
  • Manufacturers Life Insurance Co
    357.69K1.74%
  • Curi Capital, LLC
    350.00K1.70%
  • Mendon Capital Advisors Corp
    324.57K1.58%
  • Kennedy Capital Management Inc
    301.84K1.47%
  • Maltese Capital Management LLC
    282.50K1.37%
  • Wellington Management Company LLP
    268.50K1.30%

Top Fund Holders

  • T. Rowe Price Small-Cap Stock
    661.44K3.21%
  • Vanguard MStar Total Stk Mkt Idx Invest
    550.36K2.67%
  • T. Rowe Price Small-Cap Value
    501.74K2.44%
  • iShares Russell 2000 ETF
    439.75K2.14%
  • T. Rowe Price Instl Small-Cap Stock
    357.32K1.74%
  • RMB Mendon Financial Services A
    300.00K1.46%

Dividends

20263×
0.22Sep 30, 20260.18Jun 30, 20260.18Mar 31, 2026
20254×
0.18Dec 31, 20250.18Sep 30, 20250.15Jun 30, 20250.15Mar 31, 2025
20244×
0.15Dec 31, 20240.15Sep 30, 20240.12Jun 28, 20240.12Mar 27, 2024
20234×
0.12Dec 28, 20230.12Sep 28, 20230.10Jun 29, 20230.10Mar 30, 2023
20224×
0.10Dec 29, 20220.10Sep 29, 20220.08Jun 29, 20220.08Mar 30, 2022
20212×
0.08Dec 30, 20210.08Sep 29, 2021