Analysts Set Expectations for EQBK Q2 Earnings

Equity Bancshares, Inc. (NASDAQ:EQBK) – Research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Equity Bancshares in a research report issued to clients and investors on Thursday, April 17th. DA Davidson analyst J. Rulis forecasts that the bank will post earnings of $0.92 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $39.00 price target on the stock. The consensus estimate for Equity Bancshares’ current full-year earnings is $3.72 per share.

EQBK has been the subject of a number of other research reports. Stephens dropped their target price on Equity Bancshares from $52.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Piper Sandler cut their price objective on shares of Equity Bancshares from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday. Keefe, Bruyette & Woods decreased their target price on shares of Equity Bancshares from $46.00 to $44.00 and set a “market perform” rating on the stock in a research report on Monday, April 7th. Hovde Group lifted their price target on shares of Equity Bancshares from $56.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Finally, Janney Montgomery Scott initiated coverage on Equity Bancshares in a research report on Thursday, April 3rd. They set a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.60.

Equity Bancshares Price Performance

Shares of NASDAQ EQBK opened at $36.38 on Friday. The firm has a market cap of $636.99 million, a P/E ratio of 9.14 and a beta of 0.73. The business’s 50 day moving average is $40.00 and its 200-day moving average is $42.59. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.78. Equity Bancshares has a 1-year low of $30.98 and a 1-year high of $50.85.

Hedge Funds Weigh In On Equity Bancshares

Hedge funds and other institutional investors have recently modified their holdings of the business. R Squared Ltd acquired a new stake in Equity Bancshares in the fourth quarter valued at about $54,000. Aquatic Capital Management LLC acquired a new stake in shares of Equity Bancshares in the 4th quarter valued at approximately $98,000. Quantbot Technologies LP grew its holdings in shares of Equity Bancshares by 139.9% during the 4th quarter. Quantbot Technologies LP now owns 2,725 shares of the bank’s stock valued at $116,000 after purchasing an additional 1,589 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Equity Bancshares during the 4th quarter worth approximately $119,000. Finally, GAMMA Investing LLC lifted its stake in Equity Bancshares by 81,650.0% in the 1st quarter. GAMMA Investing LLC now owns 3,270 shares of the bank’s stock valued at $129,000 after purchasing an additional 3,266 shares during the last quarter. Institutional investors own 71.80% of the company’s stock.

Equity Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date was Monday, March 31st. Equity Bancshares’s dividend payout ratio is presently 15.27%.

Equity Bancshares Company Profile

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, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products.