Equity Bancshares reports Q3 EPS $1.31, consensus 99c

Reports Q3 NII $46.0M vs. $44.2M last year. Reports Q3 loan loss provision $1.2M vs. $1.0M last year. “Our Company realized another exceptional earnings quarter, which included the favorable resolution of a significant problem loan,” said Brad S. Elliott, CEO of Equity. “Our team is committed to serving our communities and, through prudent underwriting, mitigating risk. When challenges arise, we will pursue all avenues available to us for successful resolution on behalf of our shareholders. Also during this quarter, our team continued to execute on our mission as we grew customer relationships and loan balances while also expanding our footprint via the KansasLand Bancshares, Inc. acquisition. We are well positioned to facilitate both organic growth and strategic M&A. We have the teams, the processes and the experience to be the premier community bank in our geography.”