Equity Bancshares Future Growth

Future criteria checks 4/6

Equity Bancshares is forecast to grow earnings and revenue by 32% and 14.4% per annum respectively. EPS is expected to grow by 33.4% per annum. Return on equity is forecast to be 11.6% in 3 years.

Key information

32.0%

Earnings growth rate

33.4%

EPS growth rate

Banks earnings growth	10.5%
Revenue growth rate	14.4%
Future return on equity	11.6%
Analyst coverage	Low
Last updated	23 Oct 2024

Recent future growth updates

Recent updates

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

Sep 21

Equity Bancshares GAAP EPS of $0.93 beats by $0.12, revenue of $50.91M beats by $2.43M

Oct 18

Equity Bancshares raises dividend by 25% to $0.10/share; approves 1M shares repurchase program

Sep 21

Earnings and Revenue Growth Forecasts

NYSE:EQBK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	246	68	N/A	N/A	4
12/31/2025	231	62	N/A	N/A	5
12/31/2024	221	60	N/A	N/A	5
9/30/2024	158	17	N/A	N/A	N/A
6/30/2024	153	10	55	67	N/A
3/31/2024	144	10	57	70	N/A
12/31/2023	138	8	61	77	N/A
9/30/2023	193	48	66	80	N/A
6/30/2023	195	51	60	69	N/A
3/31/2023	197	54	78	85	N/A
12/31/2022	198	58	71	74	N/A
9/30/2022	196	57	79	81	N/A
6/30/2022	191	53	96	99	N/A
3/31/2022	188	53	83	87	N/A
12/31/2021	183	52	98	103	N/A
9/30/2021	176	55	79	87	N/A
6/30/2021	168	-48	58	66	N/A
3/31/2021	149	-61	49	59	N/A
12/31/2020	132	-75	34	44	N/A
9/30/2020	129	-77	47	54	N/A
6/30/2020	129	23	48	54	N/A
3/31/2020	140	31	37	44	N/A
12/31/2019	133	26	42	49	N/A
9/30/2019	133	25	30	38	N/A
6/30/2019	132	25	28	40	N/A
3/31/2019	130	23	30	39	N/A
12/31/2018	141	36	28	37	N/A
9/30/2018	131	30	31	41	N/A
6/30/2018	118	25	N/A	29	N/A
3/31/2018	107	24	N/A	31	N/A
12/31/2017	98	21	N/A	28	N/A
9/30/2017	88	17	N/A	19	N/A
6/30/2017	79	14	N/A	22	N/A
3/31/2017	68	11	N/A	18	N/A
12/31/2016	61	9	N/A	16	N/A
9/30/2016	57	11	N/A	16	N/A
6/30/2016	56	11	N/A	15	N/A
3/31/2016	54	11	N/A	15	N/A
12/31/2015	52	10	N/A	14	N/A
9/30/2015	51	9	N/A	16	N/A
6/30/2015	51	9	N/A	15	N/A
3/31/2015	50	8	N/A	7	N/A
12/31/2014	49	8	N/A	14	N/A
12/31/2013	46	7	N/A	16	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQBK's forecast earnings growth (32% per year) is above the savings rate (2.6%).

Earnings vs Market: EQBK's earnings (32% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: EQBK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EQBK's revenue (14.4% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: EQBK's revenue (14.4% 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 (11.6%).

Equity Bancshares Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.2% to US$47.40

Price target increased by 14% to US$44.20

Consensus EPS estimates fall by 67%

Price target increased by 8.0% to US$29.80

Price target decreased by 7.1% to US$27.30

Price target decreased by 8.2% to US$31.40

Recent updates

Insufficient new directors

New minor risk - Dividend sustainability

Price target increased by 8.2% to US$47.40

Equity Bancshares, Inc. to Report Q3, 2024 Results on Oct 15, 2024

Independent Director recently bought US$92k worth of stock

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

Founder notifies of intention to sell stock

Second quarter dividend of US$0.15 announced

New minor risk - Insider selling

Independent Director recently sold US$246k worth of stock

Founder notifies of intention to sell stock

Price target increased by 14% to US$44.20

New minor risk - Earnings quality

Investor sentiment improves as stock rises 17%

Equity Bancshares, Inc. (NYSE:EQBK) completed the acquisition of KansasLand Bancshares, Inc.

Equity Bancshares, Inc. to Report Q2, 2024 Results on Jul 16, 2024

Upcoming dividend of US$0.12 per share

First quarter dividend of US$0.12 announced

Equity Bancshares, Inc. (NYSE:EQBK) entered into an agreement and plan of merger to acquire KansasLand Bancshares, Inc. for $0.1 million.

Equity Bancshares, Inc. to Report Q1, 2024 Results on Apr 16, 2024

Fourth quarter dividend of US$0.12 announced

Equity Bancshares, Inc., Annual General Meeting, Apr 23, 2024

Founder recently sold US$214k worth of stock

Equity Bancshares, Inc. to Report Q4, 2023 Results on Jan 24, 2024

Upcoming dividend of US$0.12 per share at 1.4% yield

Equity Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on January 15, 2024

Consensus EPS estimates fall by 67%

Investor sentiment improves as stock rises 13%

Equity Bancshares, Inc. (NYSE:EQBK) entered into a definitive merger agreement to acquire Rockhold Bancorp for $44.3 million.

Price target increased by 8.0% to US$29.80

Equity Bancshares, Inc. (NYSE:EQBK) entered into a definitive merger agreement to acquire Rockhold Bancorp for $44.3 million.

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Equity Bancshares, Inc. to Report Q3, 2023 Results on Oct 17, 2023

Equity Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on October 16, 2023

Equity Bancshares, Inc. and Equity Bank Announce Executive Changes

Independent Director recently bought US$80k worth of stock

Equity Bancshares, Inc. and Equity Bank Announces Executive Changes

Equity Bancshares, Inc. Announces Resignation of John G. Creech as Executive Vice President and Chief Credit Officer

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 7.1% to US$27.30

Equity Bancshares, Inc. to Report Q2, 2023 Results on Jul 18, 2023

Equity Bancshares, Inc.(NYSE:EQBK) dropped from NASDAQ Composite Index

First quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Price target decreased by 8.2% to US$31.40

High number of new directors

Independent Director recently bought US$70k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 10%

Price target decreased by 7.4% to US$35.20

Equity Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings: EPS misses analyst expectations

Equity Bancshares, Inc. to Report Q4, 2022 Results on Jan 25, 2023

Upcoming dividend of US$0.10 per share

Equity Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on January 17, 2023

Founder notifies of intention to sell stock

Executive VP exercised options and sold US$56k worth of stock

Price target increased to US$38.50

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Equity Bancshares GAAP EPS of $0.93 beats by $0.12, revenue of $50.91M beats by $2.43M

Equity Bancshares, Inc. to Report Q3, 2022 Results on Oct 18, 2022

Equity Bancshares, Inc. Increases Quarterly Cash Dividend on Common Stock, Payable on October 14, 2022

Equity Bancshares raises dividend by 25% to $0.10/share; approves 1M shares repurchase program

Executive VP notifies of intention to sell stock

Secretary exercised options and sold US$88k worth of stock

Second quarter 2022 earnings: Revenues exceed analyst expectations

Equity Bancshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022

Equity Bancshares, Inc. to Report Q2, 2022 Results on Jul 19, 2022

Equity Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on July 14, 2022

Executive VP & Chief Risk Officer recently sold US$93k worth of stock