Equity Bancshares Inc. ( (EQBK) ) has released its Q3 earnings. Here is a breakdown of the information Equity Bancshares Inc. presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Equity Bancshares, Inc. is a holding company for Equity Bank, providing a comprehensive range of financial services including commercial loans, consumer banking, mortgage loans, and wealth management, with a focus on community-based customer service.
In the third quarter of 2025, Equity Bancshares reported a net loss of $29.7 million, primarily due to merger-related expenses and losses from bond portfolio repositioning. However, after adjustments, the company achieved a core net income of $22.5 million. The quarter was marked by the completion of the NBC Oklahoma acquisition, which added significant loan and deposit balances to the company’s portfolio.
Key financial metrics for the quarter included a net interest margin of 4.45%, an increase from the previous quarter, and a book value per share increase to $37.25. The company also announced a 20% increase in its quarterly dividend and renewed its share repurchase program. The acquisition of NBC contributed $664.6 million in loan balances and $807.1 million in deposit balances, enhancing the company’s financial position.
Despite the reported net loss, Equity Bancshares is optimistic about its future, with strategic expansions such as the merger with Frontier Holdings LLC, which will introduce the company to the Nebraska market. The management remains focused on leveraging these acquisitions to drive growth and enhance shareholder value.