Equity Bancshares (NYSE:EQBK – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11, FiscalAI reports. The firm had revenue of $83.73 million during the quarter, compared to the consensus estimate of $84.91 million. Equity Bancshares had a return on equity of 13.73% and a net margin of 20.34%.
Equity Bancshares Price Performance
Shares of EQBK opened at $46.84 on Friday. The stock has a market cap of $964.33 million, a PE ratio of 8.79 and a beta of 0.80. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.93 and a current ratio of 0.93. Equity Bancshares has a fifty-two week low of $38.60 and a fifty-two week high of $52.27. The firm’s 50-day simple moving average is $49.19 and its two-hundred day simple moving average is $47.88.
Equity Bancshares Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from Equity Bancshares’s previous quarterly dividend of $0.18. This represents a $0.88 annualized dividend and a yield of 1.9%. Equity Bancshares’s payout ratio is presently 52.69%.
Insider Buying and Selling at Equity Bancshares
In related news, Director Lisa Ann Schlehuber bought 989 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average cost of $50.98 per share, with a total value of $50,419.22. Following the completion of the purchase, the director owned 2,092 shares in the company, valued at approximately $106,650.16. The trade was a 89.66% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Donald Scott Rogerson bought 2,000 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was purchased at an average cost of $50.00 per share, with a total value of $100,000.00. Following the completion of the acquisition, the director directly owned 10,103 shares of the company’s stock, valued at approximately $505,150. The trade was a 24.68% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 4,989 shares of company stock valued at $250,919 and have sold 24,500 shares valued at $1,250,951. Insiders own 14.50% of the company’s stock.
Trending Headlines about Equity Bancshares
Here are the key news stories impacting Equity Bancshares this week:
- Positive Sentiment: Equity Bancshares reported third-quarter core EPS of $1.40, above analyst estimates of roughly $1.29-$1.31 and up from $1.21 a year earlier. The earnings beat and reported year-to-date core earnings growth of 33.2% support the bullish case. Equity Bancshares Surpasses Q3 Earnings Estimates
- Positive Sentiment: Management discussed continued execution of its serial-acquirer strategy, including the announced Lincoln Bancorp transaction. Dividend payments and share repurchases also provide support through capital returns. Equity Bancshares Reports Mostly Positive Q3 Results
- Neutral Sentiment: The company’s earnings call and financial-results releases gave investors additional detail on third-quarter performance and the outlook, with analysts focusing on earnings quality, growth and the Lincoln Bancorp deal. Equity Bancshares Q3 2026 Earnings Call Transcript
- Negative Sentiment: Quarterly revenue of approximately $83.7 million missed the roughly $84.9 million consensus estimate. The revenue shortfall likely tempered the positive reaction to the EPS beat. Equity Bancshares Revenue Miss
- Negative Sentiment: Investors remain concerned about rising nonperforming assets, credit-quality deterioration and the execution risk of integrating another acquisition. Those concerns contributed to reports of an initial decline in the stock despite the earnings beat. Equity Bancshares Falls After Q3 Results
Wall Street Analysts Forecast Growth
EQBK has been the topic of a number of recent research reports. Benchmark assumed coverage on shares of Equity Bancshares in a research report on Wednesday, June 24th. They set a “buy” rating and a $57.00 price target on the stock. Weiss Ratings upgraded shares of Equity Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Hovde Group upped their price target on shares of Equity Bancshares from $51.00 to $53.00 and gave the company a “market perform” rating in a research report on Friday, September 4th. Piper Sandler downgraded Equity Bancshares from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $60.00 to $52.00 in a report on Friday, October 2nd. Finally, DA Davidson upped their price target on Equity Bancshares from $51.00 to $54.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $54.00.
Get Our Latest Analysis on Equity Bancshares
About Equity Bancshares
Equity Bancshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its subsidiary, Equity Bank, the company provides community banking services to individuals, businesses, agricultural customers and public-sector organizations.
Equity Bank offers checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer financing, agricultural loans and commercial lines of credit. Its business banking services also include treasury management, cash management, electronic banking and other financial solutions designed to support operating and borrowing needs.
Founded in 2002, Equity Bancshares has expanded through organic growth and acquisitions.
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