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 Bancshares (NYSE:EQBK) has scheduled the release of its second quarter 2025 financial results on Monday, July 14, 2025, after market close. The company will host a conference call and webcast on Tuesday, July 15, 2025, at 10 a.m. eastern time, featuring CEO Brad Elliott and CFO Chris Navratil.
Participants can join via phone using toll-free number +1 833 470 1428 (Access Code: 671814) or through the webcast. A replay will be available until July 22, 2025, at investor.equitybank.com.
Equity Bancshares (NYSE:EQBK) has received multiple credit ratings from KBRA, including a BBB senior unsecured debt rating, BBB- subordinated debt rating, and K3 short-term debt rating. The bank's subsidiary, Equity Bank, received ratings including BBB+ for deposits and senior unsecured debt, with a Stable outlook for all long-term ratings.
The ratings reflect EQBK's strong performance with NPA ratio of 0.77% and NCO ratio of 0.02% in Q1 2025. The bank maintains a robust core deposit base with 80% of deposits from stable operating markets. Notable strengths include disciplined underwriting, conservative credit culture, and strong capital management, further enhanced by a $92 million capital raise in Q4 2024.
Equity Bancshares (NYSE: EQBK) reported strong Q1 2025 performance with net income of $15.0 million or $0.85 earnings per diluted share. The company achieved a net interest margin of 4.27% and annualized loan growth of 15.2%.
Key highlights include:
- Loan balances reached $3.63 billion with quarterly growth of $130.8 million
- Deposits closed at $4.4 billion with a loan-to-deposit ratio of 82.4%
- Tangible common equity ratio of 10.1%
- Book value per share increased by $1.19 (3.5%)
The company announced a merger with NBC Corp. of Oklahoma, adding approximately $682 million in loans and $816 million in deposits, with anticipated closing at the start of Q3 2025. A quarterly dividend of $0.15 per share was declared.
Equity Bancshares (NYSE: EQBK) has announced a definitive merger agreement with NBC Corp. of Oklahoma, significantly expanding its Oklahoma presence. The merger will add seven NBC locations to Equity Bank's network, doubling its Oklahoma footprint to 15 locations.
NBC Oklahoma, established in 1931, brings $908.9 million in total assets, $681.5 million in loans, and $815.3 million in deposits as of December 31, 2024. Under the agreement terms, NBC will receive approximately 80% of consideration in EQBK stock, with the merger expected to close in Q3 2025.
The combined entity will have $6.4 billion in total assets and operate 82 bank locations. The transaction is projected to be 12.5% accretive to Equity's 2026 earnings per share, with tangible book value per share dilution expected to be earned back in less than three years. NBC's Chairman Ken Fergeson will join Equity's Board of Directors and serve on the Director's Credit Committee.
Equity Bancshares (NYSE:EQBK) has scheduled the release of its first quarter 2025 financial results on Tuesday, April 15, 2025, after market close. The company will host a conference call and webcast to discuss the earnings on Wednesday, April 16, 2025, at 10 a.m. eastern time.
Chairman and CEO Brad Elliott and CFO Chris Navratil will lead the discussion. Investors can participate via phone using the toll-free number +1 833 470 1428 (Access Code: 107245) or through a webcast. A replay will be available until April 23, 2025, at investor.equitybank.com.
Equity Bancshares (NYSE: EQBK) reported Q4 2024 net income of $17.0 million, or $1.04 per diluted share. The company achieved a net interest margin of 4.17%, boosted by non-recurring nonaccrual reversals and prepayment fees of $1.5 million. Excluding these items, the margin was 4.04%.
Key highlights include the completion of a common stock capital raise, issuing 2,067,240 shares at $44.50 per share, generating $87.0 million after expenses. The company's tangible common equity ratio reached 9.95%, with deposit balances (excluding brokered) increasing by $211.2 million. Loan balances closed at $3.5 billion, reflecting 5.0% full-year growth.
The company announced a $0.15 dividend and reported improved asset quality with nonaccrual loans declining to $27.1 million (0.77% of total loans), though classified assets increased to $73.5 million.
Equity Bancshares (NYSE: EQBK) has scheduled its fourth quarter 2024 earnings release for January 22, 2025, after market close. The company will host a conference call and webcast to discuss the results on January 23, 2025, at 10 a.m. eastern time. CEO Brad Elliott and CFO Chris Navratil will lead the discussion.
Participants can access the webcast through the company's investor relations website and must pre-register for the conference call. A replay will be available on the investor relations website following the call.
Equity Bancshares (NYSE: EQBK) has successfully completed its underwritten public offering of 2,067,240 shares of Class A common stock at $44.50 per share, including 269,640 shares from the full exercise of the underwriters' over-allotment option. The offering generated gross proceeds of $92.0 million, with expected net proceeds of $86.9 million after deducting underwriting discounts and expenses.
The company plans to use the proceeds to support continued growth, including strategic acquisitions, investments in Equity Bank for organic growth, potential repayment of subordinated debt, and general corporate purposes. Stephens Inc. served as the sole book-running manager, with D.A. Davidson & Co., Hovde Group, , Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co. acting as co-managers.
Equity Bancshares (NYSE: EQBK) has announced the pricing of its underwritten public offering of 1,797,600 shares of Class A common stock at $44.50 per share, totaling $80 million. The company has granted underwriters a 30-day option to purchase up to additional 269,640 shares. Stephens Inc. is the sole book-running manager, with several co-managers including D.A. Davidson & Co. and Piper Sandler & Co. The proceeds will support continued growth, strategic acquisitions, organic growth investments in Equity Bank, potential repayment of subordinated debt, and general corporate purposes. The offering is expected to close around December 4, 2024.
Empire Petroleum has amended its Revolver Loan Agreement with Equity Bank, doubling the total principal commitment from $10 million to $20 million through December 29, 2026. The company currently has approximately $8.4 million borrowed on the facility, which is secured by assets from Empire North Dakota and Empire ND Acquisition subsidiaries. This increase follows the company's successful completion of an oversubscribed $10 million rights offering earlier this year and will provide additional financial resources for North Dakota development initiatives.