Equity Bancshares (EQBK) Stock Price, News & Analysis

Company Overview

Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products. The company's loan products also comprise 1 4 family residential mortgages, agriculture, consumer, residential real estate mortgage, and agricultural real estate and production loans. It also provides debit and credit cards; insurance brokerage; trust and wealth management; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. It operates a network of branches in Arkansas, Kansas, Missouri, and Oklahoma. Equity Bancshares, Inc. was incorporated in 2002 and is headquartered in Wichita, Kansas.

Key Stats

• Today's Range: $42.35 to $43.00
• 50-Day Range: $38.53 to $44.28
• 52-Week Range: $24.70 to $45.60
• Volume: 23,594 shs
• Average Volume: 46,983 shs
• Market Capitalization: $647.00 million
• P/E Ratio: 38.54
• Dividend Yield: 1.42%
• Price Target: $43.00
• Consensus Rating: Moderate Buy

Equity Bancshares Stock Analysis - MarketRank™

Equity Bancshares scored higher than 44% of companies evaluated by MarketBeat, and ranked 711th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equity Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equity Bancshares has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.34%

Earnings Growth

Earnings for Equity Bancshares are expected to decrease by -2.34% in the coming year, from $4.27 to $4.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equity Bancshares is 38.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equity Bancshares is 38.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.25.

Price to Book Value per Share Ratio

Equity Bancshares has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EQBK.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Equity Bancshares pays a meaningful dividend of 1.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Equity Bancshares does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Equity Bancshares is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Equity Bancshares will have a dividend payout ratio of 14.39% next year. This indicates that Equity Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.69

Short Interest

There is no current short interest data available for EQBK.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Equity Bancshares insiders have sold 72.43% more of their company's stock than they have bought. Specifically, they have bought $56,876.00 in company stock and sold $98,072.00 in company stock.

Percentage Held by Insiders

Only 8.00% of the stock of Equity Bancshares is held by insiders.

Percentage Held by Institutions

71.80% of the stock of Equity Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EQBK Stock Analysis - Frequently Asked Questions

How have EQBK shares performed this year?

Equity Bancshares' stock was trading at $33.90 at the start of the year. Since then, EQBK stock has increased by 25.3% and is now trading at $42.49.
View the best growth stocks for 2024 here.

How were Equity Bancshares' earnings last quarter?

Equity Bancshares, Inc. (NASDAQ:EQBK) announced its quarterly earnings data on Monday, October, 18th. The bank reported $0.80 EPS for the quarter, topping the consensus estimate of $0.72 by $0.08. The bank earned $46.81 million during the quarter, compared to the consensus estimate of $41.19 million. Equity Bancshares had a trailing twelve-month return on equity of 13.88% and a net margin of 6.36%.

Who are Equity Bancshares' major shareholders?

Top institutional shareholders of Equity Bancshares include Creative Planning (0.53%), Wealth Alliance Advisory Group LLC (0.43%), Sippican Capital Advisors (0.12%) and MN Wealth Advisors LLC (0.11%). Insiders that own company stock include Brad S Elliott, Gregory H Kossover, Julie A Huber, Eric R Newell, Brett A Reber, Craig L Anderson, Gregory L Gaeddert, James S Loving, Leon Borck, Junetta M Everett, Krzysztof Slupkowski, John G Creech, Tina Marie Call, Edwin G Lawson and Gary C Allerheiligen.
View institutional ownership trends.

How do I buy shares of Equity Bancshares?

Shares of EQBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Equity Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equity Bancshares investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), ServiceNow (NOW) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 10/18/2021
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:EQBK
• CUSIP: N/A
• CIK: 1227500
• Web: www.equitybank.com
• Phone: (316) 612-6000
• Fax: 316-681-2325
• Employees: 700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $43.00
• High Stock Price Target: $46.00
• Low Stock Price Target: $40.00
• Potential Upside/Downside: +1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.10
• Trailing P/E Ratio: 38.63
• Forward P/E Ratio: 9.95
• P/E Growth: N/A
• Net Income: $7.82 million
• Net Margins: 6.36%
• Pretax Margin: 3.31%
• Return on Equity: 13.88%
• Return on Assets: 1.23%

Debt

• Debt-to-Equity Ratio: 0.75
• Current Ratio: 0.84
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $157.99 million
• Price / Sales: 4.10
• Cash Flow: $4.02 per share
• Price / Cash Flow: 10.58
• Book Value: $29.32 per share
• Price / Book: 1.45

Miscellaneous

• Outstanding Shares: 15,263,000
• Free Float: 14,042,000
• Market Cap: $648.52 million
• Optionable: Optionable
• Beta: 0.89