Equity Bancshares (EQBK) Financials

$38.45 +0.31 (+0.82%)

Closing price 04/28/2025 03:59 PM Eastern

Extended Trading

$38.42 -0.03 (-0.07%)

As of 04:12 AM Eastern

Annual Income Statements for Equity Bancshares

This table shows Equity Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	58	7.82	63
Consolidated Net Income / (Loss)	58	7.82	63
Net Income / (Loss) Continuing Operations	58	7.82	63
Total Pre-Tax Income	70	2.42	78
Total Revenue	199	140	225
Net Interest Income / (Expense)	163	159	186
Total Interest Income	188	247	297
Loans and Leases Interest Income	161	211	246
Investment Securities Interest Income	25	26	41
Federal Funds Sold and Securities Borrowed Interest Income	1.98	9.67	10
Total Interest Expense	25	88	111
Deposits Interest Expense	16	70	90
Short-Term Borrowings Interest Expense	2.09	3.94	10
Long-Term Debt Interest Expense	6.77	12	8.94
Federal Funds Purchased and Securities Sold Interest Expense	0.23	0.93	1.15
Total Non-Interest Income	36	-19	39
Other Service Charges	9.15	29	32
Net Realized & Unrealized Capital Gains on Investments	0.97	-52	2.35
Other Non-Interest Income	26	4.06	4.97
Provision for Credit Losses	0.13	1.87	2.55
Total Non-Interest Expense	128	136	144
Salaries and Employee Benefits	62	64	73
Net Occupancy & Equipment Expense	28	30	34
Marketing Expense	5.04	5.43	5.37
Property & Liability Insurance Claims	1.14	2.20	2.48
Other Operating Expenses	27	30	20
Amortization Expense	4.04	3.37	4.29
Restructuring Charge	0.59	0.30	4.46
Other Special Charges	0.00	0.00	0.00
Income Tax Expense	13	-5.41	16
Basic Earnings per Share	$3.56	$0.50	$4.04
Weighted Average Basic Shares Outstanding	15.80M	15.44M	17.51M
Diluted Earnings per Share	$3.51	$0.50	$4.00
Weighted Average Diluted Shares Outstanding	15.80M	15.44M	17.51M
Weighted Average Basic & Diluted Shares Outstanding	15.80M	15.44M	17.51M
Cash Dividends to Common per Share	$0.36	$0.44	$0.54

This table shows Equity Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	15	12	12	11	12	-28	14	12	20	17
Consolidated Net Income / (Loss)	15	12	12	11	12	-28	14	12	20	17
Net Income / (Loss) Continuing Operations	15	12	12	11	12	-28	14	12	20	17
Total Pre-Tax Income	19	15	15	13	14	-40	18	16	24	20
Total Revenue	51	50	48	46	50	-3.95	56	55	55	58
Net Interest Income / (Expense)	42	42	39	39	41	39	44	46	46	49
Total Interest Income	49	53	56	61	65	64	72	75	75	75
Loans and Leases Interest Income	42	46	48	53	55	55	59	62	62	63
Investment Securities Interest Income	6.48	6.62	6.62	6.38	6.07	6.77	10	11	10	9.62
Federal Funds Sold and Securities Borrowed Interest Income	0.51	0.65	1.13	2.13	3.82	2.59	2.67	3.04	2.67	1.98
Total Interest Expense	6.60	11	17	22	24	25	28	29	29	26
Deposits Interest Expense	4.40	8.01	14	17	19	20	23	23	24	21
Short-Term Borrowings Interest Expense	0.41	1.50	1.02	0.95	0.97	1.01	1.14	3.79	3.09	2.16
Long-Term Debt Interest Expense	1.72	1.80	1.98	3.48	3.44	3.45	3.26	1.90	1.91	1.88
Federal Funds Purchased and Securities Sold Interest Expense	0.07	0.08	0.20	0.19	0.25	0.30	0.33	0.31	0.26	0.26
Total Non-Interest Income	8.97	8.33	8.60	6.95	8.74	-43	12	8.96	9.32	8.82
Other Service Charges	2.45	-4.10	1.80	2.00	7.94	17	9.62	2.61	6.94	12
Net Realized & Unrealized Capital Gains on Investments	-0.02	0.44	0.03	-1.32	-0.00	-51	1.28	-0.03	1.04	0.06
Other Non-Interest Income	6.53	12	6.77	6.28	0.79	-9.78	0.83	6.32	1.34	-3.52
Provision for Credit Losses	-0.14	-0.15	-0.37	0.30	1.23	0.71	1.00	0.27	1.18	0.10
Total Non-Interest Expense	32	35	33	33	34	35	37	39	30	38
Salaries and Employee Benefits	15	16	17	15	16	17	18	18	18	18
Net Occupancy & Equipment Expense	7.27	7.25	6.80	7.43	7.82	7.72	8.36	8.82	8.63	8.56
Marketing Expense	1.19	1.90	1.16	1.25	1.42	1.60	1.24	1.29	1.37	1.47
Property & Liability Insurance Claims	0.34	0.36	0.36	0.52	0.66	0.66	0.57	0.59	0.66	0.66
Other Operating Expenses	6.93	8.38	7.31	7.78	7.69	7.39	6.43	6.84	-0.55	7.69
Amortization Expense	0.96	0.92	0.92	0.92	0.80	0.74	0.90	1.22	1.11	1.06
Income Tax Expense	3.64	3.65	2.52	1.50	1.93	-11	3.69	4.58	3.99	3.40
Basic Earnings per Share	$0.94	$0.73	$0.78	$0.74	$0.80	($1.82)	$0.91	$0.77	$1.30	$1.06
Weighted Average Basic Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M
Diluted Earnings per Share	$0.93	$0.71	$0.77	$0.74	$0.80	($1.81)	$0.90	$0.76	$1.28	$1.06
Weighted Average Diluted Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M
Weighted Average Basic & Diluted Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M

This table details how cash moves in and out of Equity Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-156	275	4.65
Net Cash From Operating Activities	74	77	74
Net Cash From Continuing Operating Activities	74	77	74
Net Income / (Loss) Continuing Operations	58	7.82	63
Consolidated Net Income / (Loss)	58	7.82	63
Provision For Loan Losses	0.13	1.87	2.55
Depreciation Expense	4.47	4.52	5.38
Amortization Expense	7.41	7.73	0.54
Non-Cash Adjustments to Reconcile Net Income	3.94	47	-9.06
Changes in Operating Assets and Liabilities, net	0.44	7.59	12
Net Cash From Investing Activities	-214	232	124
Net Cash From Continuing Investing Activities	-214	232	124
Purchase of Property, Leasehold Improvements and Equipment	-3.49	-16	-8.49
Acquisitions	-41	0.00	0.00
Purchase of Investment Securities	-376	-544	-175
Sale of Property, Leasehold Improvements and Equipment	0.16	0.16	0.71
Sale and/or Maturity of Investments	208	794	356
Other Investing Activities, net	-2.29	-1.24	-49
Net Cash From Financing Activities	-15	-34	-193
Net Cash From Continuing Financing Activities	-15	-34	-193
Net Change in Deposits	-106	-96	-163
Issuance of Debt	415	1,507	1,201
Issuance of Common Equity	0.00	0.00	87
Repayment of Debt	-276	-1,406	-1,271
Repurchase of Common Equity	-33	-18	-12
Payment of Dividends	-5.56	-6.61	-7.89
Other Financing Activities, Net	-9.20	-14	-27
Cash Interest Paid	26	81	116
Cash Income Taxes Paid	1.22	3.47	6.20

This table details how cash moves in and out of Equity Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	52	-51	146	28	-79	180	-144	25	-25	148
Net Cash From Operating Activities	15	16	19	19	25	13	13	16	23	22
Net Cash From Continuing Operating Activities	15	16	19	19	25	13	13	16	23	22
Net Income / (Loss) Continuing Operations	15	12	12	11	12	-28	14	12	20	17
Consolidated Net Income / (Loss)	15	12	12	11	12	-28	14	12	20	17
Provision For Loan Losses	-0.14	-0.15	-0.37	0.30	1.23	0.71	1.00	0.27	1.18	0.10
Depreciation Expense	1.08	1.08	1.09	1.11	1.14	1.18	1.33	1.31	1.35	1.39
Amortization Expense	1.30	1.89	2.18	2.43	1.49	1.64	-0.20	0.00	0.47	0.27
Non-Cash Adjustments to Reconcile Net Income	0.29	2.86	-1.34	-0.36	1.90	47	-0.04	-1.53	-11	3.18
Changes in Operating Assets and Liabilities, net	-3.14	-0.91	5.26	4.40	7.00	-9.06	-3.52	4.27	11	-0.23
Net Cash From Investing Activities	6.50	-48	-18	87	51	112	5.29	24	-61	156
Net Cash From Continuing Investing Activities	6.50	-48	-18	87	51	112	-117	24	-31	248
Purchase of Property, Leasehold Improvements and Equipment	-0.48	-2.29	-4.41	-2.50	-5.79	-3.44	-2.01	-0.85	-3.79	-1.85
Purchase of Investment Securities	-49	-60	-33	18	37	-566	-219	-30	-111	184
Sale of Property, Leasehold Improvements and Equipment	0.06	0.03	0.04	-	0.00	0.12	0.01	2.28	0.05	-1.63
Sale and/or Maturity of Investments	55	33	20	73	21	680	108	54	77	116
Net Cash From Financing Activities	31	-20	145	-79	-156	56	-162	-14	12	-29
Net Cash From Continuing Financing Activities	31	-20	145	-79	-156	56	-162	-14	12	-29
Net Change in Deposits	-65	34	45	-56	-149	63	-124	-30	-21	12
Issuance of Debt	-	10	607	300	300	300	300	300	301	300
Repayment of Debt	106	-58	-495	-311	-300	-300	-320	-270	-263	-418
Payment of Dividends	-1.29	-1.60	-1.64	-1.58	-1.54	-1.85	-1.92	-1.80	-1.88	-2.30
Other Financing Activities, Net	-4.68	0.12	-1.17	-2.09	-5.32	-5.64	-9.01	-8.24	-2.64	-7.55
Cash Interest Paid	7.18	11	13	20	20	28	31	29	27	29
Cash Income Taxes Paid	0.47	0.55	0.03	3.03	0.35	0.06	0.00	3.24	1.26	1.70

This table presents Equity Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	4,982	5,035	5,332
Cash and Due from Banks	104	363	384
Federal Funds Sold	0.42	16	0.24
Interest Bearing Deposits at Other Banks	0.00	0.00	0.00
Trading Account Securities	1,184	920	1,004
Loans and Leases, Net of Allowance	3,266	3,289	3,458
Loans Held for Sale	0.35	0.48	0.51
Premises and Equipment, Net	101	113	117
Goodwill	53	53	53
Intangible Assets	11	7.22	15
Other Assets	260	271	295
Total Liabilities & Shareholders' Equity	4,982	5,035	5,332
Total Liabilities	4,572	4,582	4,739
Interest Bearing Deposits	4,242	4,145	4,375
Federal Funds Purchased and Securities Sold	46	44	37
Long-Term Debt	235	337	276
Other Long-Term Liabilities	48	56	52
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	410	453	593
Total Preferred & Common Equity	410	453	593
Total Common Equity	410	453	593
Common Stock	485	489	585
Retained Earnings	140	141	195
Treasury Stock	-102	-120	-131
Accumulated Other Comprehensive Income / (Loss)	-114	-58	-55

This table presents Equity Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	5,000	5,157	5,095	4,945	5,239	5,246	5,355
Cash and Due from Banks	155	250	263	183	218	244	218
Federal Funds Sold	0.37	0.38	15	16	17	16	18
Trading Account Securities	1,199	1,185	1,095	1,057	1,092	1,042	1,041
Loans and Leases, Net of Allowance	0.00	0.00	3,278	3,238	3,438	3,411	3,557
Loans Held for Sale	1.52	0.65	2.46	0.63	1.31	1.96	0.90
Premises and Equipment, Net	101	105	106	110	117	114	117
Goodwill	53	53	53	53	53	53	53
Intangible Assets	12	9.68	8.76	7.96	18	17	16
Other Assets	271	3,553	271	277	283	341	329
Total Liabilities & Shareholders' Equity	5,000	5,157	5,095	4,945	5,239	5,246	5,355
Total Liabilities	4,605	4,732	4,676	4,527	4,782	4,784	4,851
Interest Bearing Deposits	4,227	4,287	4,231	4,082	4,371	4,341	4,363
Federal Funds Purchased and Securities Sold	47	45	45	40	44	38	38
Long-Term Debt	282	348	337	337	317	348	393
Other Long-Term Liabilities	48	52	64	68	50	57	57
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	396	425	418	418	457	461	504
Total Preferred & Common Equity	396	425	418	418	457	461	504
Total Common Equity	396	425	418	418	457	461	504
Common Stock	483	487	487	488	491	492	495
Retained Earnings	130	151	161	171	153	163	181
Treasury Stock	-96	-111	-119	-119	-126	-132	-132
Accumulated Other Comprehensive Income / (Loss)	-121	-101	-110	-122	-61	-62	-40

This table displays calculated financial ratios and metrics derived from Equity Bancshares' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	13.32%	-29.63%	60.83%
EBITDA Growth	-18.78%	-82.15%	474.21%
EBIT Growth	9.07%	-96.56%	3,141.45%
NOPAT Growth	9.92%	-86.44%	700.68%
Net Income Growth	9.92%	-86.44%	700.68%
EPS Growth	2.33%	-85.76%	700.00%
Operating Cash Flow Growth	-27.87%	3.31%	-3.50%
Free Cash Flow Firm Growth	123.06%	-1,637.08%	88.24%
Invested Capital Growth	8.18%	22.39%	9.96%
Revenue Q/Q Growth	2.03%	-27.97%	38.24%
EBITDA Q/Q Growth	1.64%	-78.97%	232.56%
EBIT Q/Q Growth	7.35%	-95.79%	329.17%
NOPAT Q/Q Growth	2.02%	-83.61%	261.22%
Net Income Q/Q Growth	2.02%	-83.61%	261.22%
EPS Q/Q Growth	3.85%	-83.44%	253.98%
Operating Cash Flow Q/Q Growth	-8.28%	-4.26%	13.40%
Free Cash Flow Firm Q/Q Growth	107.68%	-369.27%	87.16%
Invested Capital Q/Q Growth	-4.83%	4.62%	-3.22%
Profitability Metrics	-	-	-
EBITDA Margin	41.33%	10.48%	37.43%
EBIT Margin	35.36%	1.73%	34.79%
Profit (Net Income) Margin	29.02%	5.59%	27.83%
Tax Burden Percent	82.08%	323.85%	80.00%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	17.92%	-223.85%	20.00%
Return on Invested Capital (ROIC)	9.29%	1.09%	7.55%
ROIC Less NNEP Spread (ROIC-NNEP)	9.29%	1.09%	7.55%
Return on Net Nonoperating Assets (RNNOA)	3.38%	0.72%	4.42%
Return on Equity (ROE)	12.67%	1.81%	11.98%
Cash Return on Invested Capital (CROIC)	1.43%	-19.04%	-1.94%
Operating Return on Assets (OROA)	1.39%	0.05%	1.51%
Return on Assets (ROA)	1.14%	0.16%	1.21%
Return on Common Equity (ROCE)	12.67%	1.81%	11.98%
Return on Equity Simple (ROE_SIMPLE)	14.07%	1.73%	10.56%
Net Operating Profit after Tax (NOPAT)	58	7.82	63
NOPAT Margin	29.02%	5.59%	27.83%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	47.87%	71.18%	50.02%
Operating Expenses to Revenue	64.58%	96.93%	64.07%
Earnings before Interest and Taxes (EBIT)	70	2.42	78
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	82	15	84
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.23	1.14	1.09
Price to Tangible Book Value (P/TBV)	1.46	1.31	1.24
Price to Revenue (P/Rev)	2.54	3.68	2.88
Price to Earnings (P/E)	8.75	65.85	10.36
Dividend Yield	1.14%	1.32%	1.27%
Earnings Yield	11.43%	1.52%	9.66%
Enterprise Value to Invested Capital (EV/IC)	0.98	0.60	0.62
Enterprise Value to Revenue (EV/Rev)	3.20	3.38	2.40
Enterprise Value to EBITDA (EV/EBITDA)	7.73	32.25	6.42
Enterprise Value to EBIT (EV/EBIT)	9.04	195.80	6.90
Enterprise Value to NOPAT (EV/NOPAT)	11.02	60.46	8.63
Enterprise Value to Operating Cash Flow (EV/OCF)	8.58	6.18	7.32
Enterprise Value to Free Cash Flow (EV/FCFF)	71.48	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.57	0.74	0.46
Long-Term Debt to Equity	0.57	0.74	0.46
Financial Leverage	0.36	0.66	0.59
Leverage Ratio	11.11	11.61	9.91
Compound Leverage Factor	11.11	11.61	9.91
Debt to Total Capital	36.46%	42.66%	31.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	36.46%	42.66%	31.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	63.54%	57.34%	68.27%
Debt to EBITDA	2.86	22.98	3.27
Net Debt to EBITDA	1.59	-2.88	-1.29
Long-Term Debt to EBITDA	2.86	22.98	3.27
Debt to NOPAT	4.08	43.08	4.40
Net Debt to NOPAT	2.27	-5.39	-1.73
Long-Term Debt to NOPAT	4.08	43.08	4.40
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	8.89	-137	-16
Operating Cash Flow to CapEx	2,226.42%	479.07%	948.31%
Free Cash Flow to Firm to Interest Expense	0.35	-1.56	-0.15
Operating Cash Flow to Interest Expense	2.91	0.87	0.67
Operating Cash Flow Less CapEx to Interest Expense	2.78	0.69	0.60
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.03	0.04
Fixed Asset Turnover	1.93	1.31	1.96
Capital & Investment Metrics	-	-	-
Invested Capital	645	790	868
Invested Capital Turnover	0.32	0.20	0.27
Increase / (Decrease) in Invested Capital	49	144	79
Enterprise Value (EV)	635	473	540
Market Capitalization	505	515	649
Book Value per Share	$25.73	$29.38	$38.78
Tangible Book Value per Share	$21.73	$25.47	$34.33
Total Capital	645	790	868
Total Debt	235	337	276
Total Long-Term Debt	235	337	276
Net Debt	131	-42	-108
Capital Expenditures (CapEx)	3.33	16	7.79
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	235	337	276
Total Depreciation and Amortization (D&A)	12	12	5.92
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$3.56	$0.50	$4.04
Adjusted Weighted Average Basic Shares Outstanding	15.80M	15.44M	17.51M
Adjusted Diluted Earnings per Share	$3.51	$0.50	$4.00
Adjusted Weighted Average Diluted Shares Outstanding	15.80M	15.44M	17.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.80M	15.44M	17.51M
Normalized Net Operating Profit after Tax (NOPAT)	58	1.90	66
Normalized NOPAT Margin	29.27%	1.36%	29.42%
Pre Tax Income Margin	35.36%	1.73%	34.79%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.77	0.03	0.71
NOPAT to Interest Expense	2.27	0.09	0.57
EBIT Less CapEx to Interest Expense	2.63	-0.15	0.64
NOPAT Less CapEx to Interest Expense	2.14	-0.09	0.50
Payout Ratios	-	-	-
Dividend Payout Ratio	9.65%	84.57%	12.60%
Augmented Payout Ratio	67.17%	313.44%	31.54%

This table displays calculated financial ratios and metrics derived from Equity Bancshares' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.77%	8.50%	-1.24%	-5.74%	-2.29%	-107.84%	17.19%	19.52%	11.26%	1,576.79%
EBITDA Growth	-22.10%	7.86%	-18.57%	-19.58%	-20.24%	-302.10%	4.31%	6.81%	51.77%	159.85%
EBIT Growth	24.93%	46.05%	-22.93%	-23.56%	-24.13%	-359.83%	19.63%	25.84%	67.01%	151.40%
NOPAT Growth	28.86%	10.91%	-21.26%	-24.92%	-18.65%	-339.14%	14.16%	1.89%	60.85%	161.19%
Net Income Growth	28.86%	10.91%	-21.26%	-24.92%	-18.65%	-343.79%	14.16%	2.27%	60.85%	160.02%
EPS Growth	16.25%	22.41%	-17.20%	-21.28%	-13.98%	-354.93%	16.88%	2.70%	60.00%	158.56%
Operating Cash Flow Growth	-55.06%	-28.99%	145.16%	-45.30%	72.36%	-20.79%	-33.94%	-17.06%	-6.45%	67.27%
Free Cash Flow Firm Growth	-196.06%	53.84%	-87.13%	-76.70%	58.94%	-363.10%	108.10%	69.74%	-90.06%	64.17%
Invested Capital Growth	34.06%	8.18%	29.24%	24.96%	11.33%	22.39%	0.12%	7.13%	18.87%	9.96%
Revenue Q/Q Growth	3.48%	-1.09%	-5.26%	-2.79%	7.26%	-107.93%	1,516.59%	-0.86%	-0.16%	5.31%
EBITDA Q/Q Growth	3.39%	-14.00%	-0.64%	-8.97%	2.55%	-317.90%	151.28%	-6.79%	45.71%	-14.07%
EBIT Q/Q Growth	11.04%	-18.88%	-2.72%	-12.77%	10.21%	-377.84%	144.79%	-8.24%	46.26%	-14.48%
NOPAT Q/Q Growth	-0.58%	-23.49%	6.16%	-7.04%	7.73%	-324.93%	150.68%	-17.03%	70.06%	-14.43%
Net Income Q/Q Growth	-0.58%	-23.49%	6.16%	-7.04%	7.73%	-329.31%	149.71%	-16.72%	69.44%	-14.43%
EPS Q/Q Growth	-1.06%	-23.66%	8.45%	-3.90%	8.11%	-326.25%	149.72%	-15.56%	68.42%	-17.19%
Operating Cash Flow Q/Q Growth	-58.79%	12.48%	16.82%	1.02%	29.85%	-48.31%	-2.57%	26.83%	46.46%	-7.58%
Free Cash Flow Firm Q/Q Growth	-99.19%	76.33%	-337.00%	14.24%	53.72%	-166.99%	107.65%	-420.24%	-190.69%	49.67%
Invested Capital Q/Q Growth	12.22%	-4.83%	19.77%	-2.30%	-0.02%	4.62%	-2.03%	4.55%	10.93%	-3.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	41.63%	36.19%	37.96%	35.54%	33.98%	0.00%	33.79%	31.76%	46.35%	37.82%
EBIT Margin	36.95%	30.31%	31.12%	27.92%	28.69%	0.00%	31.77%	29.40%	43.07%	34.97%
Profit (Net Income) Margin	29.80%	23.05%	25.83%	24.70%	24.81%	0.00%	25.16%	21.14%	35.87%	29.14%
Tax Burden Percent	80.64%	76.06%	83.00%	88.46%	86.46%	71.36%	79.21%	71.89%	83.28%	83.33%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	19.36%	23.94%	17.00%	11.54%	13.54%	0.00%	20.79%	28.11%	16.72%	16.67%
Return on Invested Capital (ROIC)	9.81%	7.38%	7.47%	7.10%	6.72%	0.00%	4.82%	4.23%	7.07%	7.91%
ROIC Less NNEP Spread (ROIC-NNEP)	9.81%	7.38%	7.47%	7.10%	6.72%	0.00%	4.82%	4.24%	7.07%	7.91%
Return on Net Nonoperating Assets (RNNOA)	4.46%	2.68%	4.20%	4.30%	5.11%	0.00%	3.63%	3.30%	5.59%	4.63%
Return on Equity (ROE)	14.27%	10.06%	11.67%	11.40%	11.84%	0.00%	8.45%	7.53%	12.66%	12.54%
Cash Return on Invested Capital (CROIC)	-19.55%	1.43%	-17.58%	-14.75%	-4.06%	-19.04%	1.12%	-5.63%	-15.14%	-1.94%
Operating Return on Assets (OROA)	1.55%	1.19%	1.21%	1.08%	1.12%	0.00%	0.91%	0.89%	1.36%	1.52%
Return on Assets (ROA)	1.25%	0.91%	1.00%	0.96%	0.97%	0.00%	0.72%	0.64%	1.13%	1.26%
Return on Common Equity (ROCE)	14.27%	10.06%	11.67%	11.40%	11.84%	0.00%	8.45%	7.53%	12.66%	12.54%
Return on Equity Simple (ROE_SIMPLE)	14.29%	0.00%	12.79%	12.08%	11.41%	0.00%	2.09%	2.13%	3.44%	0.00%
Net Operating Profit after Tax (NOPAT)	15	12	12	11	12	-28	14	12	20	17
NOPAT Margin	29.80%	23.05%	25.83%	24.70%	24.81%	0.00%	25.16%	21.06%	35.87%	29.14%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.00%	-0.01%	0.00%	0.00%
SG&A Expenses to Revenue	46.94%	50.18%	51.66%	51.57%	50.44%	0.00%	49.54%	50.40%	51.48%	48.72%
Operating Expenses to Revenue	63.32%	69.99%	69.65%	71.43%	68.84%	0.00%	66.45%	70.12%	54.80%	64.86%
Earnings before Interest and Taxes (EBIT)	19	15	15	13	14	-40	18	16	24	20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	21	18	18	16	17	-37	19	18	26	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.23	0.89	0.83	0.87	1.14	1.16	1.16	1.24	1.09
Price to Tangible Book Value (P/TBV)	1.40	1.46	1.04	0.97	1.02	1.31	1.37	1.37	1.43	1.24
Price to Revenue (P/Rev)	2.38	2.54	1.90	1.78	1.88	3.68	3.57	3.42	3.83	2.88
Price to Earnings (P/E)	8.21	8.75	6.94	6.87	7.66	65.85	55.27	54.64	35.99	10.36
Dividend Yield	1.18%	1.14%	1.59%	1.78%	1.77%	1.32%	1.34%	1.36%	1.25%	1.27%
Earnings Yield	12.19%	11.43%	14.40%	14.56%	13.05%	1.52%	1.81%	1.83%	2.78%	9.66%
Enterprise Value to Invested Capital (EV/IC)	0.87	0.98	0.61	0.54	0.67	0.60	0.79	0.77	0.87	0.62
Enterprise Value to Revenue (EV/Rev)	3.03	3.20	2.40	2.08	2.59	3.38	4.12	3.97	4.80	2.40
Enterprise Value to EBITDA (EV/EBITDA)	7.31	7.73	6.08	5.48	7.22	32.25	39.54	37.67	30.88	6.42
Enterprise Value to EBIT (EV/EBIT)	9.03	9.04	7.21	6.56	8.78	195.80	114.60	71.94	42.86	6.90
Enterprise Value to NOPAT (EV/NOPAT)	10.45	11.02	8.73	8.03	10.55	60.46	63.84	63.52	45.10	8.63
Enterprise Value to Operating Cash Flow (EV/OCF)	7.32	8.58	5.56	5.85	6.30	6.18	8.72	9.35	12.01	7.32
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	71.48	0.00	0.00	0.00	0.00	70.45	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.71	0.57	0.82	0.80	0.81	0.74	0.69	0.75	0.78	0.46
Long-Term Debt to Equity	0.71	0.57	0.82	0.80	0.81	0.74	0.69	0.75	0.78	0.46
Financial Leverage	0.46	0.36	0.56	0.61	0.76	0.66	0.75	0.78	0.79	0.59
Leverage Ratio	11.39	11.11	11.67	11.93	12.22	11.61	11.79	11.75	11.17	9.91
Compound Leverage Factor	11.39	11.11	11.67	11.93	12.22	11.61	11.79	11.75	11.17	9.91
Debt to Total Capital	41.63%	36.46%	44.99%	44.58%	44.61%	42.66%	40.97%	42.96%	43.83%	31.73%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	41.63%	36.46%	44.99%	44.58%	44.61%	42.66%	40.97%	42.96%	43.83%	31.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	58.37%	63.54%	55.01%	55.42%	55.39%	57.34%	59.03%	57.04%	56.17%	68.27%
Debt to EBITDA	3.49	2.86	4.46	4.55	4.83	22.98	20.52	20.97	15.54	3.27
Net Debt to EBITDA	1.57	1.59	1.25	0.79	1.98	-2.88	5.31	5.27	6.23	-1.29
Long-Term Debt to EBITDA	3.49	2.86	4.46	4.55	4.83	22.98	20.52	20.97	15.54	3.27
Debt to NOPAT	4.99	4.08	6.40	6.66	7.06	43.08	33.14	35.37	22.69	4.40
Net Debt to NOPAT	2.24	2.27	1.79	1.16	2.89	-5.39	8.57	8.88	9.11	-1.73
Long-Term Debt to NOPAT	4.99	4.08	6.40	6.66	7.06	43.08	33.14	35.37	22.69	4.40
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-157	-37	-163	-139	-65	-172	13	-42	-123	-62
Operating Cash Flow to CapEx	3,500.00%	722.41%	437.90%	772.15%	433.44%	391.67%	630.37%	0.00%	628.09%	624.22%
Free Cash Flow to Firm to Interest Expense	-23.79	-3.26	-9.55	-6.39	-2.68	-6.94	0.48	-1.47	-4.24	-2.42
Operating Cash Flow to Interest Expense	2.20	1.44	1.12	0.89	1.04	0.52	0.46	0.56	0.81	0.85
Operating Cash Flow Less CapEx to Interest Expense	2.14	1.24	0.87	0.77	0.80	0.39	0.39	0.61	0.68	0.71
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.04
Fixed Asset Turnover	2.04	1.93	1.91	1.88	1.84	1.31	1.34	1.43	1.43	1.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	678	645	773	755	755	790	774	809	897	868
Invested Capital Turnover	0.33	0.32	0.29	0.29	0.27	0.20	0.19	0.20	0.20	0.27
Increase / (Decrease) in Invested Capital	172	49	175	151	77	144	0.90	54	142	79
Enterprise Value (EV)	591	635	475	406	503	473	611	624	782	540
Market Capitalization	464	505	377	347	366	515	529	537	624	649
Book Value per Share	$24.60	$25.73	$26.91	$27.03	$27.13	$29.38	$29.59	$30.25	$33.02	$38.78
Tangible Book Value per Share	$20.58	$21.73	$22.94	$23.03	$23.17	$25.47	$24.99	$25.68	$28.49	$34.33
Total Capital	678	645	773	755	755	790	774	809	897	868
Total Debt	282	235	348	337	337	337	317	348	393	276
Total Long-Term Debt	282	235	348	337	337	337	317	348	393	276
Net Debt	127	131	97	59	138	-42	82	87	158	-108
Capital Expenditures (CapEx)	0.42	2.27	4.37	2.50	5.79	3.31	2.01	-1.43	3.74	3.48
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.54	0.00	-0.04	0.00	0.00
Net Nonoperating Obligations (NNO)	282	235	348	337	337	337	317	348	393	276
Total Depreciation and Amortization (D&A)	2.38	2.97	3.26	3.53	2.63	2.82	1.13	1.31	1.82	1.66
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.94	$0.73	$0.78	$0.74	$0.80	($1.82)	$0.91	$0.77	$1.30	$1.06
Adjusted Weighted Average Basic Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M
Adjusted Diluted Earnings per Share	$0.93	$0.71	$0.77	$0.74	$0.80	($1.81)	$0.90	$0.76	$1.28	$1.06
Adjusted Weighted Average Diluted Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.94M	15.80M	15.48M	15.41M	15.41M	15.44M	15.25M	15.26M	15.29M	17.51M
Normalized Net Operating Profit after Tax (NOPAT)	15	12	12	11	12	-28	15	13	20	17
Normalized NOPAT Margin	29.98%	23.15%	25.83%	24.70%	24.81%	0.00%	27.36%	24.02%	36.80%	29.14%
Pre Tax Income Margin	36.95%	30.31%	31.12%	27.92%	28.69%	0.00%	31.77%	29.40%	43.07%	34.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.85	1.34	0.87	0.59	0.59	-1.60	0.64	0.57	0.82	0.80
NOPAT to Interest Expense	2.30	1.02	0.72	0.52	0.51	-1.12	0.51	0.41	0.69	0.67
EBIT Less CapEx to Interest Expense	2.79	1.14	0.62	0.48	0.35	-1.73	0.57	0.62	0.69	0.66
NOPAT Less CapEx to Interest Expense	2.23	0.82	0.47	0.41	0.27	-1.25	0.44	0.46	0.56	0.53
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	9.04%	9.65%	10.77%	12.09%	13.34%	84.57%	72.09%	72.44%	42.97%	12.60%
Augmented Payout Ratio	67.06%	67.17%	66.69%	66.18%	61.72%	313.44%	229.57%	194.48%	112.90%	31.54%

Frequently Asked Questions About Equity Bancshares' Financials

When does Equity Bancshares's fiscal year end?

According to the most recent income statement we have on file, Equity Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Equity Bancshares' net income changed over the last 2 years?

Equity Bancshares' net income appears to be on an upward trend, with a most recent value of $62.62 million in 2024, rising from $57.69 million in 2022. The previous period was $7.82 million in 2023.

How has Equity Bancshares revenue changed over the last 2 years?

Over the last 2 years, Equity Bancshares' total revenue changed from $198.79 million in 2022 to $224.98 million in 2024, a change of 13.2%.

How much debt does Equity Bancshares have?

Equity Bancshares' total liabilities were at $4.74 billion at the end of 2024, a 3.4% increase from 2023, and a 3.7% increase since 2022.

How much cash does Equity Bancshares have?

In the past 2 years, Equity Bancshares' cash and equivalents has ranged from $104.01 million in 2022 to $383.50 million in 2024, and is currently $383.50 million as of their latest financial filing in 2024.

How has Equity Bancshares' book value per share changed over the last 2 years?

Over the last 2 years, Equity Bancshares' book value per share changed from 25.73 in 2022 to 38.78 in 2024, a change of 50.7%.

Related Companies

This page (NASDAQ:EQBK) was last updated on 4/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Equity Bancshares (EQBK) Financials

Frequently Asked Questions About Equity Bancshares' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Equity Bancshares (EQBK) Financials

Annual Income Statements for Equity Bancshares

Quarterly Income Statements for Equity Bancshares

Annual Cash Flow Statements for Equity Bancshares

Quarterly Cash Flow Statements for Equity Bancshares

Annual Balance Sheets for Equity Bancshares

Quarterly Balance Sheets for Equity Bancshares

Annual Metrics and Ratios for Equity Bancshares

Quarterly Metrics and Ratios for Equity Bancshares

Frequently Asked Questions About Equity Bancshares' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools