Equity Bancshares Earnings Reports

Equity Bancshares delivered a strong Q1 2025 with net income of $15 million, supported by a 4.27% net interest margin and continued loan growth. The company also maintained a robust capital position and announced a strategic merger with NBC Corp. of Oklahoma.

Equity Bancshares reported a net income of $17.0 million, or $1.04 earnings per diluted share, for Q4 2024. The company realized net interest margin expansion and completed a common stock capital raise.

Equity Bancshares reported a net income of $19.8 million, or $1.28 earnings per diluted share, for the quarter ended September 30, 2024. The company realized earnings per diluted share of $1.31 adjusted to exclude pre-tax merger expense and gain on security transactions. Loan balances grew, and the company completed its integration of KansasLand.

Equity Bancshares reported a strong second quarter in 2024, characterized by record net interest income and net interest margin expansion. The company reported net income of $11.7 million, or $0.76 earnings per diluted share. Adjusted net income was $15.3 million, or $0.99 per diluted share, excluding merger and BOLI-related costs.

Equity Bancshares reported a net income of $14.1 million, or $0.90 earnings per diluted share, for the quarter ended March 31, 2024. The company completed its merger with Rockhold Bancorp and realized expansion in net interest income and net interest margin.

Equity Bancshares, Inc. reported a net loss of $28.3 million for Q4 2023, or $(1.84) earnings per diluted share. Excluding bond repositioning and merger-related expenses, operating income would have been $11.9 million, or $0.77 earnings per diluted share. The company realized loan and deposit growth and announced a merger with Bank of Kirksville.

Equity Bancshares reported a net income of $12.3 million, with earnings per diluted share at $0.80 for the quarter ended September 30, 2023. The company experienced growth in net interest margin and net interest income, driven by its core deposit base. Strong tangible and regulatory capital ratios and positive credit quality trends were maintained.

Equity Bancshares reported a net income of $11.5 million, or $0.74 per diluted share, for the second quarter of 2023. The company experienced core deposit growth and increased net interest income. Strong tangible and regulatory capital ratios were maintained, and positive credit quality trends continued.

Equity Bancshares, Inc. reported a net income of $12.3 million, with earnings per diluted share at $0.77 for the quarter ended March 31, 2023. The company experienced steady deposits and loan growth, excluding PPP and branch sales, was $19.1 million. The increase during the quarter was primarily driven by an increase in non-interest income of $760 thousand and a decrease in income tax expense of $1.1 million.

Equity Bancshares, Inc. reported a net income of $11.6 million, with earnings per diluted share at $0.72 for Q4 2022. The company achieved record full-year income of $57.7 million and revenue of $197.8 million. Key credit ratios improved, including a decrease in non-performing assets to total assets.

Equity Bancshares reported a net income of $15.2 million and earnings per diluted share of $0.93 for the quarter ended September 30, 2022. The company saw a 3.5% linked quarter revenue growth led by expanding Net Interest Margin, with a 19.7% reduction in total nonperforming assets.

Equity Bancshares reported a net income of $15.3 million and earnings per diluted share of $0.94 for the quarter ended June 30, 2022. The company experienced NIM expansion, organic growth in the loan portfolio, and noninterest income growth, alongside well-managed operating expenses.

Equity Bancshares reported a strong first quarter with a net income of $15.7 million, or $0.93 per diluted share. The company experienced growth in loans held for investment, realized economic benefits from acquisitions, and continued to manage its problem asset portfolio effectively.

Equity Bancshares, Inc. reported a net income of $10.5 million, or $0.61 earnings per diluted share, for the quarter ended December 31, 2021. The company's results include a full quarter contribution from American State Bancshares, Inc. and the assumption of three branches in St. Joseph, Missouri.

Equity Bancshares, Inc. reported a net income of $11.8 million, with earnings per diluted share at $0.80 for the quarter ended September 30, 2021. The company experienced loan growth excluding PPP loans and successfully integrated American State Bank & Trust Company.

Equity Bancshares reported a strong second quarter with net income of $15.2 million, or $1.03 per diluted share. The company experienced annualized organic non-PPP loan growth and announced the acquisition of three Security Bank of KC branch locations in St. Joseph, Missouri.

Equity Bancshares reported a strong first quarter with net income of $15.1 million, driven by non-PPP loan growth, recognition of origination fee income from PPP loan forgiveness, and improved operating performance in fee-based business lines.

Equity Bancshares, Inc. reported a net income of $12.5 million, or $0.84 per diluted share, for the fourth quarter ended December 31, 2020. The results reflect the purchase of assets and deposit liabilities of Almena State Bank and the success of Equity’s customers in obtaining forgiveness of Paycheck Protection Program (“PPP”) loans from the Small Business Administration (“SBA”) totaling $102.8 million resulting in a recognition of $3.8 million of fee income.

Equity Bancshares, Inc. reported a net loss of $90.4 million, or $6.01 per diluted share, for the third quarter ended September 30, 2020, primarily due to a $104.8 million impairment in the value of goodwill. Adjusted net income, excluding the impairment charge, was $9.1 million, or $0.60 per diluted share. The company maintained a Tier 1 capital ratio of 13.3% and grew tangible book value to $23.72 per share.

Equity Bancshares reported a net income of $1.7 million, or $0.11 per diluted share, for the second quarter ended June 30, 2020. The company focused on supporting communities and customers during the COVID-19 era and strengthened its capital and balance sheet for future growth.

Equity Bancshares reported a net income of $1.3 million, or $0.08 per diluted share, for the first quarter ended March 31, 2020. The company increased its net interest margin and provided reserves for loan losses due to the COVID-19 environment.

Equity Bancshares, Inc. reported net income allocable to common stockholders of $10.0 million, or $0.64 per diluted share, in the fourth quarter of 2019. The company saw net interest margin expansion and successful non-interest expense and non-interest income initiatives.