Equity Bank/$EQBK

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About Equity Bank

Equity Bancshares Inc is a bank holding company. It provides a broad range of financial services to businesses and business owners as well as individuals through network of nearly 77 branches located in Arkansas, Kansas, Missouri and Oklahoma. The majority of the Company's revenues come from interest income on financial instruments, including loans, leases, securities and derivatives. The company also earns revenue from Non-interest income which includes Service charges and fees, Debit card income, Investment Referral Income, Trust Income and Insurance Sales Commissions.
Ticker
$EQBK
Sector
Finance
Primary listing
NYSE
Employees
909

Equity Bank Metrics

BasicAdvanced
$1B
27.79
$1.77
0.77
$0.72
1.46%

Bulls say / Bears say

Q2 earnings showed stronger underlying profitability: core EPS was $1.41, core return on tangible common equity reached 17.2%, and the efficiency ratio improved to 53.4%. This suggests the Frontier integration is beginning to deliver operating leverage. (Morningstar)
Organic growth is starting to emerge alongside the acquisition strategy. Q2 loan production reached a record $315 million, non-acquired markets grew loans at an annualised rate above 10%, and the loan pipeline rose 23% to $1.6 billion. (Exa)
The proposed Lincoln Bancorp merger would add 16 Iowa locations, $1.7 billion of assets and $1.5 billion of deposits, while management models it to add 5.1% to 2027 EPS. The deal would expand EQBK's Iowa platform and lift pro forma assets to about $9.1 billion. (Equity Bank, SEC filing)
Credit quality weakened after the Frontier transaction. Non-performing assets rose from 0.76% to 0.86% of total assets, with the increase primarily linked to inherited Frontier credits, while management still cites inflation, trade-policy disruption and monetary pressure in its loss assumptions. (Morningstar)
Balance-sheet growth remains uneven. Q2 loans fell by $22.6 million and deposits were flat, while brokered deposits rose to 8.0% of total deposits from 5.7% in the prior quarter, pointing to greater reliance on potentially less stable funding. (Morningstar)
Earnings could face pressure as acquisition benefits fade. Management expects the net interest margin to ease to roughly 4.25%-4.35% in the second half as purchase-accounting accretion burns down, while the pending Lincoln deal still needs approvals and system conversion is not expected until Q2 2027. (Morningstar, Equity Bank)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

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