Equity Bancshares Past Earnings Performance
Past criteria checks 1/6
Equity Bancshares has been growing earnings at an average annual rate of 19.2%, while the Banks industry saw earnings growing at 13.1% annually. Revenues have been growing at an average rate of 6.2% per year. Equity Bancshares's return on equity is 2.1%, and it has net margins of 6.4%.
Key information
19.2%
Earnings growth rate
19.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 6.2% |
| Return on equity | 2.1% |
| Net Margin | 6.4% |
| Next Earnings Update | 15 Oct 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Equity Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 153 | 10 | 117 | 0 |
| 31 Mar 24 | 144 | 10 | 113 | 0 |
| 31 Dec 23 | 138 | 8 | 109 | 0 |
| 30 Sep 23 | 193 | 48 | 109 | 0 |
| 30 Jun 23 | 195 | 51 | 107 | 0 |
| 31 Mar 23 | 197 | 54 | 106 | 0 |
| 31 Dec 22 | 198 | 58 | 104 | 0 |
| 30 Sep 22 | 196 | 57 | 102 | 0 |
| 30 Jun 22 | 191 | 53 | 98 | 0 |
| 31 Mar 22 | 188 | 53 | 94 | 0 |
| 31 Dec 21 | 183 | 52 | 89 | 0 |
| 30 Sep 21 | 176 | 55 | 85 | 0 |
| 30 Jun 21 | 168 | -48 | 85 | 0 |
| 31 Mar 21 | 149 | -61 | 83 | 0 |
| 31 Dec 20 | 132 | -75 | 84 | 0 |
| 30 Sep 20 | 129 | -77 | 82 | 0 |
| 30 Jun 20 | 129 | 23 | 82 | 0 |
| 31 Mar 20 | 140 | 31 | 82 | 0 |
| 31 Dec 19 | 133 | 26 | 82 | 0 |
| 30 Sep 19 | 133 | 25 | 83 | 0 |
| 30 Jun 19 | 132 | 25 | 81 | 0 |
| 31 Mar 19 | 130 | 23 | 78 | 0 |
| 31 Dec 18 | 141 | 36 | 74 | 0 |
| 30 Sep 18 | 131 | 30 | 67 | 0 |
| 30 Jun 18 | 118 | 25 | 61 | 0 |
| 31 Mar 18 | 107 | 24 | 56 | 0 |
| 31 Dec 17 | 98 | 21 | 52 | 0 |
| 30 Sep 17 | 88 | 17 | 47 | 0 |
| 30 Jun 17 | 79 | 14 | 43 | 0 |
| 31 Mar 17 | 68 | 11 | 39 | 0 |
| 31 Dec 16 | 61 | 9 | 35 | 0 |
| 30 Sep 16 | 57 | 11 | 34 | 0 |
| 30 Jun 16 | 56 | 11 | 32 | 0 |
| 31 Mar 16 | 54 | 11 | 32 | 0 |
| 31 Dec 15 | 52 | 10 | 31 | 0 |
| 30 Sep 15 | 51 | 9 | 31 | 0 |
| 30 Jun 15 | 51 | 9 | 32 | 0 |
| 31 Mar 15 | 50 | 8 | 32 | 0 |
| 31 Dec 14 | 49 | 8 | 31 | 0 |
| 31 Dec 13 | 46 | 7 | 29 | 0 |
Quality Earnings: 44X has a large one-off loss of $2.8M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 44X's current net profit margins (6.4%) are lower than last year (25.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 44X's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: 44X's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 44X had negative earnings growth (-80.6%) over the past year, making it difficult to compare to the Banks industry average (30.5%).
Return on Equity
High ROE: 44X's Return on Equity (2.1%) is considered low.