Welcome to our dedicated page for Equity Bancshare news (Ticker: EQBK), a resource for investors and traders seeking the latest updates and insights on Equity Bancshare stock.
Equity Bancshares, Inc. (NYSE: EQBK) is the Wichita, Kansas-based holding company for Equity Bank, a commercial bank offering services such as commercial loans, consumer banking, mortgage loans, trust and wealth management services, and treasury management services. The company’s news flow reflects its role as a regional community banking organization with a growing multi-state footprint.
Visitors to this EQBK news page can review company announcements on topics such as quarterly and annual financial results, dividend declarations, and share repurchase plans. Equity regularly issues press releases about its earnings, including details on net interest margin, loan and deposit trends, securities portfolio repositioning, and capital ratios, as reflected in its second and third quarter 2025 results communications.
News coverage also includes mergers and acquisitions activity. Equity has reported the completion of its acquisition of NBC Corp. of Oklahoma, which expanded its Oklahoma presence, and the execution and completion of a merger with Frontier Holdings, LLC, the parent company of Frontier Bank in Nebraska. These releases describe how the transactions add locations, loans and deposits, and extend Equity’s community banking franchise into new markets.
Additional items that may appear in the EQBK news stream include updates on loan production offices, such as the opening of a loan production office in West Des Moines, Iowa, and commentary from management on strategic initiatives, balance sheet repositioning and growth plans. Investors and observers can use this page to follow Equity Bancshares’ operational developments, geographic expansion and capital management actions over time.
Equity Bank has entered a definitive purchase agreement with United Bank & Trust (UBT) to transfer its branches in Concordia, Clyde, and Belleville, Kansas. The acquisition, expected to conclude in Q2 2022, involves UBT assuming approximately $60 million in deposits and $24 million in loans. Equity's chairman emphasized the move as beneficial for shareholders and customers alike, enhancing local banking resources. Following a recent merger, Equity is focused on improving efficiencies and exploring growth opportunities within its operational regions.
Equity Bancshares reported a net income of $11.8 million or $0.80 per diluted share for Q3 2021, marking a decrease from $15.2 million or $1.03 per share in Q2 2021. This decline is attributed to a $4.9 million increase in non-interest expenses and higher credit loss provisions. The company successfully integrated its largest acquisition, American State Bancshares, while announcing its first common stock dividend of $0.08 per share. Net interest income increased to $39.0 million, and total deposits were $3.66 billion. The allowance for credit losses rose to 2.0%, with nonperforming assets at 1.7% of total assets.
Equity Bancshares, Inc. (NASDAQ: EQBK) has successfully merged with American State Bancshares, Inc., enhancing its core and digital banking systems. This merger, one of the largest in Kansas history, consolidates operations, increasing Equity's total assets to approximately $5.0 billion and expanding its network to 67 locations across Kansas, Missouri, Arkansas, and Oklahoma. With this move, Equity aims to bolster its market presence, particularly in the Wichita area, where it now ranks seventh in deposit market share. The company anticipates further growth opportunities in community banking.
The Board of Directors of Equity Bancshares, Inc. (NASDAQ: EQBK) has announced the initiation of a quarterly cash dividend of $0.08 per share for its Class A stock, payable on October 14, 2021, to shareholders of record as of September 30, 2021. This marks the first dividend in the company’s history, reflecting its profit growth. Additionally, the Board authorized a stock repurchase program for up to 1,000,000 shares, effective from October 29, 2021 through October 28, 2022, subject to regulatory approval.
Equity Bancshares, Inc. (NASDAQ: EQBK) reported a net income of $15.2 million, equating to $1.03 per diluted share for Q2 2021. This marks a slight increase from $15.1 million in Q1 2021. The company's organic loan growth surged by $81.8 million, leading to a robust annualized growth rate of 14.75%. Equity plans to enhance its presence in St. Joseph, Missouri, by acquiring three branches from Security Bank of KC. Additionally, they disclosed a favorable adjustment in their merger with American State Bancshares, which is expected to conclude in October 2021.
Equity Bancshares, Inc. (NASDAQ:EQBK) will announce its second quarter results on July 19, 2021, after market close. A conference call with CEO Brad Elliott and CFO Eric Newell is scheduled for July 20, 2021, at 10 a.m. ET to discuss these results. Participants can join the call by calling toll-free or via live webcast. A replay will be available for two hours post-call until July 27, 2021. Equity Bancshares, the holding company for Equity Bank, offers diverse financial services and focuses on delivering relationship-based customer service.
Equity Bancshares, parent of Equity Bank, announced a merger with American State Bancshares, valued at approximately $73.6 million. This merger will add 17 locations in Kansas to Equity’s network, expanding its total to 42 locations in the state. The combined entity will have about $5.0 billion in assets, ranking it No. 7 in Kansas deposit market share. The deal is expected to be 15.9% accretive to 2022 EPS, with a strong internal rate of return exceeding 20%. The completion is anticipated in early October 2021.
Equity Bancshares reported a net income of $15.1 million for Q1 2021, up from $12.5 million in Q4 2020. Earnings per diluted share reached $1.02, driven by a 7.6% annualized growth in loans, excluding Paycheck Protection Program (PPP) loans. The company originated $233.6 million in new PPP loans and recognized $2.3 million in fee income from forgiven loans. However, net interest income declined by 10.7% to $31.8 million. As of March 31, total loans held for investment were $2.80 billion and total deposits reached $3.63 billion.
Equity Bancshares (NASDAQ: EQBK) is set to release its first quarter results on April 20, 2021, with a press release scheduled for after market close. CEO Brad Elliott and CFO Eric Newell will host a conference call on April 21, 2021, at 10 a.m. Eastern to discuss the results. Interested participants can register for the call or access the webcast via the company’s investor relations website. A replay will be available post-call until April 28, 2021. Additional details and presentation slides will also be available on the site.
Equity Bancshares, Inc. (EQBK) reported a fourth-quarter net income of $12.5 million, or $0.84 per diluted share, marking a significant recovery from a net loss of $90.4 million in Q3 2020. For 2020, the company faced a net loss of $75 million, influenced by a $104.8 million goodwill impairment. The acquisition of Almena State Bank contributed to a $2.1 million gain. Equity originated $282.1 million in Main Street Lending Program loans and saw $102.8 million in PPP loans forgiven, boosting fee income. Tangible book value rose 18.9% to $24.68 per share.