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Equity Bancshares, Inc.NYSE:EQBK Stock Report

Market Cap US$929.5m
Share Price
US$45.79
US$51.6
11.3% undervalued intrinsic discount
1Y16.2%
7D2.0%
Portfolio Value
View

Equity Bancshares, Inc.

NYSE:EQBK Stock Report

Market Cap: US$929.5m

Equity Bancshares (EQBK) Stock Overview

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. More details

EQBK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends2/6

EQBK Community Fair Values

Create Narrative

See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Equity Bancshares, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Equity Bancshares
Historical stock prices
Current Share PriceUS$45.79
52 Week HighUS$50.07
52 Week LowUS$36.04
Beta0.79
1 Month Change0.53%
3 Month Change0.24%
1 Year Change16.19%
3 Year Change97.63%
5 Year Change41.55%
Change since IPO91.67%

Recent News & Updates

Narrative Update Apr 24

EQBK: Future P/E Reset And Credit Discipline Will Support Earnings Quality

Analysts now see Equity Bancshares' fair value edging from $52.33 to $51.60, reflecting updated views on discount rates, revenue growth, profit margins, and a lower future P/E after mixed price target moves from Piper Sandler and DA Davidson that resulted in a net $1 change. Analyst Commentary Recent Street research on Equity Bancshares sends mixed signals, with one group of analysts lifting their price target by $1 and another trimming theirs by $1.
Seeking Alpha Apr 21

Equity Bancshares: A High-Return Bank Trading At A Deep Discount

Summary Equity Bancshares is a community bank with a high-return, acquisition-driven franchise trading at a discounted 9x forward P/E. Recent Q1’26 results highlight 16.1% core ROATCE, strong loan growth, and improving efficiency, signaling robust underlying earnings power despite integration noise. Management targets cost synergies, margin normalization, organic loan growth, and expanding fee income across new markets. EQBK’s disciplined acquisition track record, and multiple near-term catalysts position it for market-beating total returns as integration headwinds fade. Read the full article on Seeking Alpha
Narrative Update Apr 10

EQBK: Acquisition Synergies Will Support Premium P/E Multiples And Earnings Quality

Analysts have slightly trimmed the implied fair value for Equity Bancshares to about $52.33 per share from $53.00, even as several recent price target increases reflect views that acquisition synergies and profitability metrics can support premium valuation multiples. Analyst Commentary Recent research updates cluster around higher price targets for Equity Bancshares, with the most specific move being a lift to US$57 from US$56.
Narrative Update Mar 27

EQBK: Acquisition Synergies And Profitability Metrics Will Support Premium P/E Multiples

Analysts have nudged their average price target on Equity Bancshares up by $2 in recent research updates, citing expectations that management can continue to realize acquisition synergies and maintain strong profitability metrics. Analyst Commentary Recent research updates cluster around a similar message, with bullish analysts adjusting targets modestly higher and tying those moves to expectations around acquisition execution and profitability.

Recent updates

Narrative Update Apr 24

EQBK: Future P/E Reset And Credit Discipline Will Support Earnings Quality

Analysts now see Equity Bancshares' fair value edging from $52.33 to $51.60, reflecting updated views on discount rates, revenue growth, profit margins, and a lower future P/E after mixed price target moves from Piper Sandler and DA Davidson that resulted in a net $1 change. Analyst Commentary Recent Street research on Equity Bancshares sends mixed signals, with one group of analysts lifting their price target by $1 and another trimming theirs by $1.
Seeking Alpha Apr 21

Equity Bancshares: A High-Return Bank Trading At A Deep Discount

Summary Equity Bancshares is a community bank with a high-return, acquisition-driven franchise trading at a discounted 9x forward P/E. Recent Q1’26 results highlight 16.1% core ROATCE, strong loan growth, and improving efficiency, signaling robust underlying earnings power despite integration noise. Management targets cost synergies, margin normalization, organic loan growth, and expanding fee income across new markets. EQBK’s disciplined acquisition track record, and multiple near-term catalysts position it for market-beating total returns as integration headwinds fade. Read the full article on Seeking Alpha
Narrative Update Apr 10

EQBK: Acquisition Synergies Will Support Premium P/E Multiples And Earnings Quality

Analysts have slightly trimmed the implied fair value for Equity Bancshares to about $52.33 per share from $53.00, even as several recent price target increases reflect views that acquisition synergies and profitability metrics can support premium valuation multiples. Analyst Commentary Recent research updates cluster around higher price targets for Equity Bancshares, with the most specific move being a lift to US$57 from US$56.
Narrative Update Mar 27

EQBK: Acquisition Synergies And Profitability Metrics Will Support Premium P/E Multiples

Analysts have nudged their average price target on Equity Bancshares up by $2 in recent research updates, citing expectations that management can continue to realize acquisition synergies and maintain strong profitability metrics. Analyst Commentary Recent research updates cluster around a similar message, with bullish analysts adjusting targets modestly higher and tying those moves to expectations around acquisition execution and profitability.
Narrative Update Mar 13

EQBK: Acquisition Synergies Will Support Premium P/E Multiples Over Time

Analysts have lifted their price targets on Equity Bancshares by about $1 to $2, citing expectations that recent acquisitions and related synergies could support premium P/E multiples and sustained profitability metrics. Analyst Commentary Recent research updates cluster around a similar view, with several bullish analysts lifting their price targets by about $1 to $2 and highlighting how recent deals could influence the valuation story for Equity Bancshares.
Narrative Update Feb 26

EQBK: Acquisition Synergies And Top Tier Returns Will Support Premium Multiples

Analysts have nudged their price targets on Equity Bancshares higher, with one raising the goal to $57. They point to potential premium P/E multiples supported by anticipated cost and revenue benefits from recent acquisitions and management's focus on keeping profitability metrics near the top of the peer group.
Narrative Update Feb 10

EQBK: Acquisition Synergies Will Support Future Premium Multiples Over The Next Year

Narrative Update on Equity Bancshares Analysts have inched their blended price target for Equity Bancshares higher by about US$0.20, reflecting modest tweaks to fair value, discount rate, revenue growth, profit margin and future P/E assumptions, informed in part by recent target increases from several firms. Analyst Commentary Recent research on Equity Bancshares has focused on how the latest acquisitions, and the integration work that follows, could affect the company’s valuation and earnings profile.
Narrative Update Jan 26

EQBK: Acquisition Synergies And Share Repurchases Will Support Future Premium Multiples

Narrative Update on Equity Bancshares Analysts have lifted their implied fair value estimate for Equity Bancshares by about $0.80 per share, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E multiples following recent price target increases across the Street. Analyst Commentary Recent Street research on Equity Bancshares centers on refreshed price targets and how the market might value the bank as it executes on its acquisition plans.
Narrative Update Jan 11

EQBK: Share Repurchases And Stable Outlook Will Support Premium Multiples

Analysts have slightly lifted their price target for Equity Bancshares to US$52.20. The change is linked to small adjustments in the discount rate, revenue growth, profit margin, and future P/E assumptions rather than any single major shift in the story.
Narrative Update Dec 19

EQBK: Acquisitions And Portfolio Restructuring Will Support Premium Multiples Amid Balanced Outlook

Analysts have nudged their price target on Equity Bancshares higher, lifting fair value by approximately $2.00 per share to around $52. This adjustment is based on expectations for premium valuation multiples supported by acquisition synergies, a recently restructured securities portfolio driving top quartile profitability, and sustained mid single digit organic loan growth in expanded Midwest markets.
Narrative Update Dec 05

EQBK: Recent Acquisitions And Portfolio Restructuring Will Support Premium Multiples

Analysts have nudged their price target for Equity Bancshares slightly higher to $54 per share, citing expectations for premium valuation multiples supported by merger synergies, improved profitability from recent securities portfolio restructuring, and steady organic loan growth driven by expansion in key Midwest markets. Analyst Commentary Analyst commentary on Equity Bancshares centers on the durability of its premium valuation case, anchored by merger execution, balance sheet optimization, and disciplined growth in attractive Midwest markets.
Narrative Update Nov 21

EQBK: Recent Acquisitions And Portfolio Restructuring Will Drive Premium Multiples

Analysts have modestly raised their price target for Equity Bancshares, citing confidence in management's recent acquisitions and portfolio restructuring. These actions are expected to boost profitability and support a new target of $54, up from previous targets near $45.
Narrative Update Nov 06

EQBK: Recent Acquisitions And Portfolio Restructuring Will Drive Premium Multiples Ahead

Analysts have modestly raised their price target for Equity Bancshares to $50.20 per share, citing expectations for improved profitability metrics and organic loan growth. These expectations are driven by recent acquisitions, portfolio optimization, and disciplined management.
Narrative Update Oct 23

Analysts Highlight Opportunities and Risks as Equity Bancshares Ups Guidance and Valuation Targets

Analysts have increased their price target for Equity Bancshares from $49.80 to $50.20. They cite stronger projected profitability, improved revenue growth expectations, and benefits from recent acquisitions and portfolio strategies as reasons for the change.
Narrative Update Oct 08

NBC Bank Merger And Digital Advances Will Reshape Midwest Banking

Analysts have raised their fair value estimate for Equity Bancshares from $48.75 to $49.80. They cite improved profitability metrics, successful acquisition integration, and anticipated stable loan growth as key drivers behind the upward revision.
Analysis Article Sep 19

Equity Bancshares (NYSE:EQBK) Is Paying Out A Larger Dividend Than Last Year

Equity Bancshares, Inc. ( NYSE:EQBK ) will increase its dividend on the 15th of October to $0.18, which is 20% higher...
Analysis Article Dec 20

Equity Bancshares (NYSE:EQBK) Has Announced A Dividend Of $0.15

Equity Bancshares, Inc.'s ( NYSE:EQBK ) investors are due to receive a payment of $0.15 per share on 15th of January...
User avatar
New Narrative Oct 20

Optimistic Loan Growth And Tactical Mergers To Catalyze Future Earnings Expansion

Effective credit recovery strategies and successful integrations are expected to boost earnings and drive capital expansion.
Analysis Article Sep 21

Equity Bancshares' (NYSE:EQBK) Upcoming Dividend Will Be Larger Than Last Year's

Equity Bancshares, Inc. ( NYSE:EQBK ) has announced that it will be increasing its periodic dividend on the 15th of...

Shareholder Returns

EQBKUS BanksUS Market
7D2.0%1.9%-0.3%
1Y16.2%20.9%26.7%

Return vs Industry: EQBK exceeded the US Banks industry which returned 15.1% over the past year.

Return vs Market: EQBK underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is EQBK's price volatile compared to industry and market?
EQBK volatility
EQBK Average Weekly Movement2.5%
Banks Industry Average Movement3.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: EQBK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EQBK's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985909Brad Elliottwww.equitybank.com

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. It accepts demand, savings, money market, and time deposits. The company’s loan products include commercial and industrial, commercial real estate, commercial lines of credit, working capital, term, equipment and aircraft financing, acquisition, expansion and development, borrowing base, real estate construction, government guaranteed, letter of credit, and other loan products.

Equity Bancshares, Inc. Fundamentals Summary

How do Equity Bancshares's earnings and revenue compare to its market cap?
EQBK fundamental statistics
Market capUS$929.45m
Earnings (TTM)US$24.65m
Revenue (TTM)US$220.68m
38.3x
P/E Ratio
1.2x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EQBK income statement (TTM)
RevenueUS$220.68m
Cost of RevenueUS$0
Gross ProfitUS$220.68m
Other ExpensesUS$196.03m
EarningsUS$24.65m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.19
Gross Margin100.00%
Net Profit Margin11.17%
Debt/Equity Ratio59.6%

How did EQBK perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
54%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 15:14
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Equity Bancshares, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Brett RabatinHovde Group, LLC