EQBK Stock Overview
Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.
Equity Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$30.05|
|52 Week High||US$36.00|
|52 Week Low||US$28.01|
|1 Month Change||-7.08%|
|3 Month Change||-9.08%|
|1 Year Change||-3.99%|
|3 Year Change||10.32%|
|5 Year Change||-5.83%|
|Change since IPO||25.79%|
Recent News & Updates
|EQBK||US Banks||US Market|
Return vs Industry: EQBK exceeded the US Banks industry which returned -17.7% over the past year.
Return vs Market: EQBK exceeded the US Market which returned -18.4% over the past year.
|EQBK Average Weekly Movement||4.6%|
|Banks Industry Average Movement||3.8%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: EQBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EQBK's weekly volatility (5%) has been stable over the past year.
About the Company
Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses.
Equity Bancshares Fundamentals Summary
|EQBK fundamental statistics|
Is EQBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EQBK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||3.26|
|Net Profit Margin||28.25%|
How did EQBK perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Does EQBK pay a reliable dividends?See EQBK dividend history and benchmarks
|Equity Bancshares dividend dates|
|Ex Dividend Date||Jun 29 2022|
|Dividend Pay Date||Jul 14 2022|
|Days until Ex dividend||0 days|
|Days until Dividend pay date||15 days|
Does EQBK pay a reliable dividends?See EQBK dividend history and benchmarks
Is EQBK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EQBK?
Other financial metrics that can be useful for relative valuation.
|What is EQBK's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does EQBK's PE Ratio compare to its peers?
|EQBK PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FMNB Farmers National Banc
CCBG Capital City Bank Group
MOFG MidWestOne Financial Group
FCBC First Community Bankshares
EQBK Equity Bancshares
Price-To-Earnings vs Peers: EQBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (10.6x).
Price to Earnings Ratio vs Industry
How does EQBK's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: EQBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US Banks industry average (9.6x)
Price to Earnings Ratio vs Fair Ratio
What is EQBK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.2x|
|Fair PE Ratio||11.2x|
Price-To-Earnings vs Fair Ratio: EQBK is good value based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).
Share Price vs Fair Value
What is the Fair Price of EQBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: EQBK ($30.05) is trading below our estimate of fair value ($80.45)
Significantly Below Fair Value: EQBK is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: EQBK is poor value based on its PEG Ratio (4.4x)
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How is Equity Bancshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EQBK's forecast earnings growth (2.1% per year) is above the savings rate (1.9%).
Earnings vs Market: EQBK's earnings (2.1% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: EQBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: EQBK's revenue (5.1% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: EQBK's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EQBK's Return on Equity is forecast to be low in 3 years time (10.9%).
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How has Equity Bancshares performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EQBK has high quality earnings.
Growing Profit Margin: EQBK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: EQBK's earnings have declined by 12.7% per year over the past 5 years.
Accelerating Growth: EQBK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EQBK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (20.7%).
Return on Equity
High ROE: EQBK's Return on Equity (11.7%) is considered low.
Discover strong past performing companies
How is Equity Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: EQBK's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: EQBK has a sufficient allowance for bad loans (230%).
Low Risk Liabilities: 95% of EQBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: EQBK has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: EQBK's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: EQBK has an appropriate level of bad loans (0.6%).
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What is Equity Bancshares's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EQBK's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: EQBK's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether EQBK's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if EQBK's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7%), EQBK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EQBK's dividends in 3 years are forecast to be thoroughly covered by earnings (11.4% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Elliott (55 yo)
Mr. Brad S. Elliott is the Founder, Chairman and Chief Executive Officer of Equity Bancshares, Inc. and served as its President. He also serves as Chairman and Chief Executive Officer of Equity Bank. Befor...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD2.30M) is about average for companies of similar size in the US market ($USD2.83M).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Experienced Management: EQBK's management team is considered experienced (2.6 years average tenure).
Experienced Board: EQBK's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EQBK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.5%.
Equity Bancshares, Inc.'s employee growth, exchange listings and data sources
- Name: Equity Bancshares, Inc.
- Ticker: EQBK
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$489.106m
- Shares outstanding: 16.28m
- Website: https://www.equitybank.com
Number of Employees
- Equity Bancshares, Inc.
- 7701 East Kellogg Drive
- Suite 300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.