EQBK · NYSE · Banks - Regional

Equity Bancshares (EQBK)

Runs relationship banking, commercial lending, deposits, and wealth services through Equity Bank.

$48.36
vs last close−0.20 (−0.42%)
Loading prices…

Equity Bancshares, Inc.EQBK
Financial sector

Owns Equity Bank, a community-bank platform serving individuals and businesses through loans, deposits, mortgage banking, treasury management, trust and wealth services, and crop-focused insurance. The model pairs community-market deposits with metropolitan commercial lending and repeat bank acquisitions.

Runs Equity Bank as a Kansas-chartered member bank serving individuals, business owners, and corporate customers. Its product set centers on commercial real estate and commercial lending, deposits and consumer banking, mortgage banking, treasury management, trust and wealth services, and crop-focused insurance brokerage.

The footprint is concentrated in Midwestern markets, with branches and offices across Kansas, Missouri, Oklahoma, Arkansas, Iowa, and Nebraska. Management uses community-market deposits to fund commercial lending in larger metro markets.

Execution depends on integrating acquired banks into one operating platform, cross-selling deposits, and managing credit quality in a loan book weighted toward commercial real estate. Earnings are shaped by interest-rate and funding conditions because loan and securities income remain central to the banking model.

Company facts

CEOBrad Elliott
ListedNov 11, 2015
ExchangeNYSE
HeadquartersWichita, KS
CountryUnited States
Employees909
CIK0001227500
ISINUS29460X1090

Market cap$998.7M
EPS (ttm)$1.75
P/E (ttm)27.75
ROE4.6%
P/B1.21
P/S2.62
Dividend yieldDiv yield1.48%
Beta0.33vs XLF 0.80

Price target$57.00+17.4%Average of 6 analysts
ConsensusBuy3 of 6 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 8, 2026Piper SandlerReiterate
Rating: Target: $58
Rating: OverweightTarget: $60
Sep 4, 2026DA DavidsonReiterate
Rating: Target: $51
Rating: NeutralTarget: $54
Jul 16, 2026StephensReiterate
Rating: Target: $46
Rating: OverweightTarget: $59
Jun 24, 2026Benchmark Co.Target
Target:
Target: $57
Jun 24, 2026BenchmarkInitiate
Rating:
Rating: Buy

Next report
Oct 13, 26
in 20 days
EPS estimate
$1.29
Revenue estimate
$84.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$1.10$0.90$0.99$1.21$1.26$0.80$1.41Pending
Estimate$0.94$0.82$0.90$0.99$1.22$1.15$1.24$1.29
Surprise+17.0%+9.8%+10.0%+22.2%+3.3%−30.4%+13.7%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$57.6M$60.0M$57.6M$47.5M$73.0M$83.2M$81.9MPending
Estimate$56.1M$56.7M$60.5M$76.9M$73.6M$82.7M$85.1M$84.9M
Surprise+2.6%+5.8%−4.8%−38.2%−0.8%+0.6%−3.7%
Estimate$1.29
ReportedDue Oct 13, 2026
Estimate$84.9M
ReportedDue Oct 13, 2026
View details

Debt to equity63.70%
Current ratio28.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$82.8M$83.1M$84.4M$81.9M$47.5M$100.4M$117.5M$115.9M
Net income$19.9M$17.0M$15.0M$15.3M−$29.7M$22.1M$17.0M$26.4M
Net margin24.0%20.4%17.8%18.6%0.0%22.0%14.4%22.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$23.8M$20.4M$18.9M$18.4M−$31.1M$26.4M$22.5M$33.7M
YoY growth+67.0%Turned profit+6.1%+12.7%Turned loss+29.7%+19.2%+83.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.78B · Total debt $526.6M · Total assets $7.73B · Shareholders' equity $827.3M

Revenue
$115.9M
Operating income
$33.7M
Net income
$26.4M
View details

Dividend yield
1.48%
Next ex-date
Sep 30, 26
in 7 days
Annual dividend
$0.72
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.15$0.15$0.15$0.18$0.18$0.18$0.18$0.22
Annual yield1.27%1.45%1.47%1.55%1.48%1.55%1.47%1.57%
Ex-dateDec 31Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30
Payment dateJan 15Apr 15Jul 15Oct 15Jan 15Apr 15Jul 15Oct 15
View details

Institutions≈ 65.82%13.82M shares
145 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders7.08%1.49M shares
21 holders · as of Aug 26, 2026
Other≈ 27.10%5.69M shares
remainder

20.99M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
T. Rowe Price Investment Management, Inc.Institution
11.24%2.36Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.29%1.53Mas of Jun 30, 2026
Patriot Financial Partners GP Ii, L.P.Institution
4.85%1.02Mas of Jun 30, 2026
FJ Capital Management LLCInstitution
4.58%961,492as of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
3.67%770,531as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 21, 2026Donald Scott Rogersondirector+2,000$50.00
Aug 17, 2026David Passofficer: Chief Information Officer−147$51.31
Jul 31, 2026Donald Scott Rogersondirector+2,000$50.25
Jul 29, 2026Brad S. Elliottdirector, officer: Chief Executive Officer−4,165$51.12
Jul 30, 2026Brad S. Elliottdirector, officer: Chief Executive Officer−416$51.02
View details

Compare

CompanyPriceChange
Equity Bancshares$48.36−0.42%$998.7M27.79.62.6+42.3%
Commerce Bancshares$55.73+0.09%$8.12B13.512.73.7+11.9%
UMB Financial$134.63+0.31%$10.19B11.210.22.2+22.9%
BOK Financial$130.90−0.11%$7.96B12.312.62.3+4.8%
Simmons First National$22.97+2.08%$3.26B10.55.7+69,452.9%
Enterprise Financial Services$59.99−0.67%$2.19B12.010.62.2+30.9%
Bank OZK$46.72−0.65%$5.13B7.88.11.9+1.8%
Home BancShares$29.09−0.17%$5.87B12.011.44.2+10.7%
First Interstate BancSystem$36.37−0.48%$3.55B11.213.13.7+6.3%
Median12.011.03.0+11.3%