Equity Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Equity Bancshares has total assets of $5.4B and total equity of $504.0M. Total deposits are $4.4B, and total loans are $3.6B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $241.6M.
Key information
10.6x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$4.36b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$241.62m |
Recent financial health updates
No updates
Recent updates
Equity Bancshares (NYSE:EQBK) Has Announced A Dividend Of $0.15
Dec 20
Equity Bancshares' (NYSE:EQBK) Upcoming Dividend Will Be Larger Than Last Year's
Sep 21Equity Bancshares GAAP EPS of $0.93 beats by $0.12, revenue of $50.91M beats by $2.43M
Oct 18Equity Bancshares raises dividend by 25% to $0.10/share; approves 1M shares repurchase program
Sep 21Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: EQBK's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: EQBK has a sufficient allowance for bad loans (138%).
Low Risk Liabilities: 90% 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 (66%).
Low Risk Deposits: EQBK's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: EQBK has an appropriate level of bad loans (0.9%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Equity Bancshares, Inc. is covered by 9 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.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Stephen Moss | FBR Capital Markets & Co. |