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Equity Bancshares Inc - EQBK STOCK NEWS

Welcome to our dedicated news page for Equity Bancshares (Ticker: EQBK), a resource for investors and traders seeking the latest updates and insights on Equity Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Equity Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Equity Bancshares's position in the market.

Rhea-AI Summary
Equity Bancshares, Inc. (NYSE: EQBK) expands its franchise by merging with Rockhold BanCorp, adding eight locations in Missouri to its four-state footprint. The merger brings Equity's total assets to approximately $5.3 billion and increases its Missouri franchise to 24 locations. The Company aims to consolidate its core banking system and digital platform by May 2024, continuing its strategic growth trajectory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
acquisition
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Rhea-AI Summary
Marstone, Inc. has raised an $8M Series B financing round led by Mendon Venture Partners and South Rose Capital, alongside new investors including the Castle Creek Launchpad Fund. The round also includes existing investor Equity Bank (NYSE: EQBK). Marstone enables financial institutions to retain and generate deposits, increase non-interest income, and improve client servicing and satisfaction. The platform has been adopted by Woodforest National Bank, Equity Bank, and Red River Credit Union to deliver a modern user interface, paperless account opening, flexible goal planning, performance reporting, data aggregation, portfolio trading and rebalancing, asset allocation, risk assessment, and more. The company aims to help banks protect margins and deposits by offering digital investing and wealth planning solutions to meet customer needs via digital channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
none
-
Rhea-AI Summary
Equity Bancshares, Inc. announced a net loss of $28.3 million for the quarter ended December 31, 2023, primarily driven by a loss on sales of available-for-sale securities. The company reported a significant increase in loans and deposits, with a planned merger with Rockhold Bancorp. Despite the loss, the company experienced growth in stockholders' equity and tangible book value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
earnings
Rhea-AI Summary
Equity Bancshares, Inc. (NYSE:EQBK) will release its fourth quarter results on January 24, 2024, with a conference call and webcast to discuss earnings results on January 25, 2024. The call will be available for replay until January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
earnings
-
Rhea-AI Summary
Equity Bancshares, Inc. (NYSE: EQBK) announced its merger with Rockhold Bancorp, parent company of Bank of Kirksville, adding eight locations to Equity Bank’s network. The $44.3 million cash acquisition is expected to be 12% accretive to diluted earnings per share in 2024 and 14.3% accretive in 2025. Additionally, the company plans to reposition its bond portfolio, generating an after-tax loss of $38.2 million but anticipating additional annual interest income of approximately $16.2 million in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.45%
Tags
acquisition
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Rhea-AI Summary
Equity Bancshares reports net income of $12.3 million for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.36%
Tags
earnings
Rhea-AI Summary
Equity Bancshares, Inc. will release its Q3 results on October 17, 2023, followed by a conference call on October 18, 2023. A webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
earnings
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Rhea-AI Summary
Marstone partners with Equity Bank to provide digital wealth management platform, aiming to increase customer retention and expansion efforts. Equity Bank joins other community banks in utilizing Marstone's platform for customer growth and technology capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
partnership
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Rhea-AI Summary
Equity Bancshares promotes Krzysztof P. Slupkowski to Chief Credit Officer, effective August 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Equity Bancshares Inc

NYSE:EQBK

EQBK Rankings

EQBK Stock Data

493.71M
12.48M
7.39%
67.51%
0.73%
Commercial Banking
Finance and Insurance
Link
US
Wichita

About EQBK

equity bank is a $1.2 billion bank with corporate headquarters in wichita, kansas and branch offices throughout kansas and missouri. equity bank offers a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, treasury management service, and the best solutions for your business. our focus is to provide the best banking experience for our customers. at equity bank, we never forget it's your money. equity bank now operates 28 banking offices throughout kansas and missouri, including the kansas city, topeka, and wichita areas plus hays, kansas, and warsaw, sedalia and warrensburg, missouri.