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Sep 30
Equity Bancshares Q3 2025 Earnings Report
Equity Bancshares reported a Q3 net loss driven by merger-related expenses and bond portfolio repositioning.
Key Takeaways
Equity Bancshares closed its NBC Oklahoma acquisition, which contributed to a rise in loan and deposit balances. Despite strong net interest income and margin expansion, the company posted a net loss due to significant one-time merger and investment-related charges.
Completed the acquisition of NBC Oklahoma, adding $664.6M in loans and $807.1M in deposits.
Reported net loss of $29.7M due to merger and bond portfolio repositioning costs.
Adjusted EPS was $1.17 after accounting for non-core expenses.
Net interest margin expanded to 4.45% due to balance sheet growth and asset yield improvement.
Equity Bancshares
Equity Bancshares
Equity Bancshares Revenue by Segment
Revenue by Segment
Service Charges Revenue
CapyFin.comDebit Card Income Revenue
CapyFin.comMortgage Banking Revenue
CapyFin.comBank-Owned Life Ins. Revenue
CapyFin.comOther Income Revenue
CapyFin.com Forward Guidance
Equity Bancshares expects continued performance improvement from recent acquisitions and investment reallocations, though short-term volatility remains due to integration and market risks.
Positive Outlook
- NBC merger expected to drive earnings accretion post-integration
- Improved yield from repositioned bond portfolio
- Expansion into Nebraska market via Frontier merger agreement
- Share repurchase program renewed for another year
- Dividend increased by 20%
Challenges Ahead
- One-time merger and investment losses impacted Q3 results
- Increased non-performing and classified assets post-acquisition
- Provisioning requirements increased due to acquired loan risks
- Tangible book value per share declined post-merger
- Elevated inflation and monetary policy remain macro headwinds