Equity Bancshare Stock Price, News & Analysis

Equity Bancshares (NYSE:EQBK) has completed its acquisition of NBC Corp. of Oklahoma, marking its 25th strategic transaction since 2002 and 13th whole-bank acquisition since its 2015 IPO. The merger doubles Equity's Oklahoma presence to 15 locations and expands its total network to 82 locations across Kansas, Missouri, Arkansas, and Oklahoma.

The combined entity now has approximately $6.4 billion in proforma consolidated assets. NBC locations began operating as Equity Bank on July 3, 2025, with core and digital banking systems consolidation expected in late August 2025. This strategic move strengthens Equity's position as a leading Midwest community banking franchise.

Equity Bancshares (NYSE:EQBK) has scheduled the release of its second quarter 2025 financial results on Monday, July 14, 2025, after market close. The company will host a conference call and webcast on Tuesday, July 15, 2025, at 10 a.m. eastern time, featuring CEO Brad Elliott and CFO Chris Navratil.

Participants can join via phone using toll-free number +1 833 470 1428 (Access Code: 671814) or through the webcast. A replay will be available until July 22, 2025, at investor.equitybank.com.

Equity Bancshares (NYSE:EQBK) has received multiple credit ratings from KBRA, including a BBB senior unsecured debt rating, BBB- subordinated debt rating, and K3 short-term debt rating. The bank's subsidiary, Equity Bank, received ratings including BBB+ for deposits and senior unsecured debt, with a Stable outlook for all long-term ratings.

The ratings reflect EQBK's strong performance with NPA ratio of 0.77% and NCO ratio of 0.02% in Q1 2025. The bank maintains a robust core deposit base with 80% of deposits from stable operating markets. Notable strengths include disciplined underwriting, conservative credit culture, and strong capital management, further enhanced by a $92 million capital raise in Q4 2024.

Equity Bancshares (NYSE: EQBK) reported strong Q1 2025 performance with net income of $15.0 million or $0.85 earnings per diluted share. The company achieved a net interest margin of 4.27% and annualized loan growth of 15.2%.

Key highlights include:

• Loan balances reached $3.63 billion with quarterly growth of $130.8 million
• Deposits closed at $4.4 billion with a loan-to-deposit ratio of 82.4%
• Tangible common equity ratio of 10.1%
• Book value per share increased by $1.19 (3.5%)

The company announced a merger with NBC Corp. of Oklahoma, adding approximately $682 million in loans and $816 million in deposits, with anticipated closing at the start of Q3 2025. A quarterly dividend of $0.15 per share was declared.

Equity Bancshares (NYSE: EQBK) has announced a definitive merger agreement with NBC Corp. of Oklahoma, significantly expanding its Oklahoma presence. The merger will add seven NBC locations to Equity Bank's network, doubling its Oklahoma footprint to 15 locations.

NBC Oklahoma, established in 1931, brings $908.9 million in total assets, $681.5 million in loans, and $815.3 million in deposits as of December 31, 2024. Under the agreement terms, NBC will receive approximately 80% of consideration in EQBK stock, with the merger expected to close in Q3 2025.

The combined entity will have $6.4 billion in total assets and operate 82 bank locations. The transaction is projected to be 12.5% accretive to Equity's 2026 earnings per share, with tangible book value per share dilution expected to be earned back in less than three years. NBC's Chairman Ken Fergeson will join Equity's Board of Directors and serve on the Director's Credit Committee.

Equity Bancshares (NYSE:EQBK) has scheduled the release of its first quarter 2025 financial results on Tuesday, April 15, 2025, after market close. The company will host a conference call and webcast to discuss the earnings on Wednesday, April 16, 2025, at 10 a.m. eastern time.

Chairman and CEO Brad Elliott and CFO Chris Navratil will lead the discussion. Investors can participate via phone using the toll-free number +1 833 470 1428 (Access Code: 107245) or through a webcast. A replay will be available until April 23, 2025, at investor.equitybank.com.

Equity Bancshares (NYSE: EQBK) reported Q4 2024 net income of $17.0 million, or $1.04 per diluted share. The company achieved a net interest margin of 4.17%, boosted by non-recurring nonaccrual reversals and prepayment fees of $1.5 million. Excluding these items, the margin was 4.04%.

Key highlights include the completion of a common stock capital raise, issuing 2,067,240 shares at $44.50 per share, generating $87.0 million after expenses. The company's tangible common equity ratio reached 9.95%, with deposit balances (excluding brokered) increasing by $211.2 million. Loan balances closed at $3.5 billion, reflecting 5.0% full-year growth.

The company announced a $0.15 dividend and reported improved asset quality with nonaccrual loans declining to $27.1 million (0.77% of total loans), though classified assets increased to $73.5 million.

Equity Bancshares (NYSE: EQBK) has scheduled its fourth quarter 2024 earnings release for January 22, 2025, after market close. The company will host a conference call and webcast to discuss the results on January 23, 2025, at 10 a.m. eastern time. CEO Brad Elliott and CFO Chris Navratil will lead the discussion.

Participants can access the webcast through the company's investor relations website and must pre-register for the conference call. A replay will be available on the investor relations website following the call.

Equity Bancshares (NYSE: EQBK) has successfully completed its underwritten public offering of 2,067,240 shares of Class A common stock at $44.50 per share, including 269,640 shares from the full exercise of the underwriters' over-allotment option. The offering generated gross proceeds of $92.0 million, with expected net proceeds of $86.9 million after deducting underwriting discounts and expenses.

The company plans to use the proceeds to support continued growth, including strategic acquisitions, investments in Equity Bank for organic growth, potential repayment of subordinated debt, and general corporate purposes. Stephens Inc. served as the sole book-running manager, with D.A. Davidson & Co., Hovde Group, , Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co. acting as co-managers.