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Saturday 17 October 2026 Export EQBK’s income statement to Excel — free account

Equity Bancshares, Inc.

EQBK Financial Banks Regional

Equity Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $314.8 million, down 6.21% from fiscal 2024. In the quarter to June 2026, revenue grew 40.0%, EPS grew 47.1%, free cash flow grew 40.8% and total debt rose 18.6%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

47.51 0.83 +1.78%
Market cap
$961.3M
P/E
27.9×
Fwd P/E
10.2×
Dividend yield
1.60%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.36
Total sells 1.36
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — 1 — 1 — — 2 1 — —
Sell — — — — 1 — 1 1 3 1 — —
Insider Ownership 19.47%

Capital & Financial Ratios $m

Market Cap 961.26
Revenue 380.41
Net Income 35.83
Free Cash Flow 43.29
Net Debt (63.32)
Current Ratio 0.93
Debt/Equity 0.58
P/E ratio 27.95
Fwd P/E 10.20
P/S ratio 2.58
P/B ratio 1.18
Past 5Y EPS Growth —
This Y EPS Growth 272.82% (at or above 15%: strong)
Next Y EPS Growth 18.32% (at or above 15%: strong)
Next Y revenue growth 8.42%
Next 5Y EPS Growth 67.81% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 76.47%
10-year low 10-year high
P/S against its own 10 years 56.73%
10-year low 10-year high
P/B against its own 10 years 63.66%
10-year low 10-year high

Dividends

Payout Ratio 0.46
Annual Dividend Rate 0.76
Annual Dividend Yield 1.60%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.79
0.18
0.18
0.22
2025 0.66
0.15
0.15
0.18
0.18
2024 0.54
0.12
0.12
0.15
0.15
2023 0.44
0.10
0.10
0.12
0.12
2022 0.36
0.08
0.08
0.10
0.10
2021 0.16
0.08
0.08
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 379 384 608 547
Receivables — — — —
Inventory — — — —
Other — — — —
3,694 3,871 4,789 5,929
2023 2024 2025 Q'26
Payables 4,145 4,375 5,138 6,304
ST’ Debt — — — —
Other — — — —
4,189 4,412 5,178 6,347

Compound Annual Growth %

10y 5y 3y
Sales 17.49% 11.63% 11.98%
Cash Flow 14.20% 3.32% (11.49%)
Earnings 8.42% 0.00% (26.69%)
Book Value 15.91% 12.42% 21.31%

Revenue $m

Mar Jun Sep Dec Year
’26 118 116 — — —
’25 85 83 47 100 315
’24 83 84 84 84 336
’23 65 68 74 21 228
’22 52 53 58 62 224
’21 43 47 50 50 190
’20 46 44 44 48 182
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 15 39 — — —
’25 22 28 8 (7) 51
’24 13 16 23 22 74
’23 19 19 25 13 77
’22 8 35 15 16 74
’21 24 24 32 23 103
’20 9 16 12 7 44
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 14 37 — — —
’25 25 26 5 (12) 44
’24 11 17 20 18 67
’23 15 17 19 10 61
’22 28 35 23 14 101
’21 22 22 32 22 98
’20 7 13 12 4 36
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.80 1.27 — — —
’25 0.85 0.86 (1.55) 1.15 1.23
’24 0.90 0.76 1.28 1.04 4.00
’23 0.77 0.74 0.80 (1.84) 0.50
’22 0.93 0.94 0.93 0.72 3.51
’21 1.02 1.03 0.80 0.61 3.43
’20 0.08 0.11 (6.01) 0.84 (4.97)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 19.72 29.13 31.32 22.75 12.49 20.95 28.06 20.50 30.44 34.11

Analyst estimates 2026–2028

Powerpack
High 38.03 36.99 44.30 35.96 30.85 36.00 38.04 34.99 50.85 48.14
People
People Employees 415 526 627 607 623 702 732 717 810 909
Revenue/emp, $m 0.17 0.22 0.29 0.33 0.29 0.27 0.31 0.32 0.41 0.35
Income, $m
Income, $m Revenue 72 118 181 200 182 190 224 228 336 315
Gross margin, % 87.27 85.87 79.72 75.24 87.38 92.22 88.66 61.47 67.03 66.72
EBT 14 31 46 33 (75) 64 70 2 78 26
EBT margin, % 19.19 26.26 25.47 16.39 (41.07) 33.88 31.35 1.06 23.32 8.38
Net income 9 21 36 26 (75) 52 58 8 63 23
Depreciation 5 6 9 13 119 19 16 13 8 7
Per share, $
Per share, $ Revenue 8.38 9.49 11.78 12.84 12.03 12.66 13.83 14.65 21.67 17.21
Earnings 1.09 1.66 2.33 1.64 (4.97) 3.49 3.56 0.50 4.04 1.24
Cash flow 1.80 2.22 2.38 3.11 2.89 6.84 4.57 4.93 4.77 2.81
Capex (0.30) (0.54) (0.48) (0.42) (0.50) (0.33) 1.64 (1.02) (0.44) (0.39)
Free cash flow 1.50 1.68 1.90 2.69 2.39 6.51 6.21 3.90 4.32 2.42
Book value 29.91 30.06 29.62 30.61 27.00 33.33 25.29 29.15 38.28 40.01
Shares, m 9 12 15 16 15 15 16 16 15 18
Valuation, ×
Valuation, × P/E 28.89 21.36 15.13 18.71 0.00 9.58 9.13 70.35 10.50 33.32
P/S 3.90 3.76 2.99 2.41 1.80 2.68 2.35 2.31 1.96 2.60
P/B 1.09 1.19 1.19 1.01 0.80 1.02 1.29 1.16 1.11 1.12
EV/Sales 7.14 6.37 4.19 3.68 0.79 1.82 2.93 2.12 1.64 1.93
EV/FCF 39.81 35.96 25.91 17.60 3.97 3.53 6.54 7.95 8.19 13.73
Cash, $m
Cash, $m Operating cash flow 16 28 37 49 44 103 74 77 74 51
Capex (3) (7) (7) (7) (8) (5) 27 (16) (7) (7)
Free cash flow 13 21 29 42 36 98 101 61 67 44
Balance, $m
Balance, $m Working capital (223) (240) (391) (441) (616) (1,087) (897) (495) (541) (390)
Total debt 273 364 415 348 98 96 235 337 276 398
Net debt 234 308 217 256 (183) (164) 131 (42) (108) (210)
Shareholders’ equity 258 374 456 478 408 501 410 453 593 732
Returns, %
Returns, % ROA 0.50 0.77 0.99 0.64 (1.88) 1.15 1.14 0.16 1.21 0.39
ROIC 2.43 3.33 4.98 2.87 (20.67) 13.67 8.19 0.41 10.67 4.13
ROE 4.59 6.53 8.63 5.48 (16.93) 11.56 12.67 1.81 11.98 3.43
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Equity Bancshares, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BFST Business First Bancshares, Inc. $1.0B 11.1× 9.9× +8.01% (above 0%: growing) 0.00% +80.82% (above 0%: growing) 65.76% 0.00% Compare
CCNE CNB Financial Corporation $1.0B 11.0× 8.8× +33.95% (above 0%: growing) +49.18% (above 0%: growing) +101.89% (above 0%: growing) 69.04% 0.00% Compare
MCBS MetroCity Bankshares, Inc. $1.0B 12.0× 10.4× +27.40% (above 0%: growing) +16.67% (above 0%: growing) +45.94% (above 0%: growing) 65.38% 0.00% Compare
HBNC Horizon Bancorp (IN) $992.5M — (loss-making) 8.9× −1.83% (below 0%: shrinking) +4.26% (above 0%: growing) +72.88% (above 0%: growing) 75.11% 0.00% Compare
EQBK Equity Bancshares, Inc. $961.3M 27.9× 10.2× +39.99% (above 0%: growing) +47.13% (above 0%: growing) +40.78% (above 0%: growing) 70.70% 0.00%
CAC Camden National Corporation $944.0M 10.7× 9.4× +1.16% (above 0%: growing) +63.86% (above 0%: growing) +557.83% (above 0%: growing) 72.13% 0.00% Compare
CPF CPB Inc. $929.5M 11.6× 10.8× +2.39% (above 0%: growing) +17.65% (above 0%: growing) +23.90% (above 0%: growing) 83.01% 0.00% Compare
TRST TrustCo Bank Corp NY $919.8M 15.0× 9.1× +6.20% (above 0%: growing) +24.05% (above 0%: growing) +2.59% (above 0%: growing) 69.96% 0.00% Compare
HAFC Hanmi Financial Corporation $917.4M 10.4× 9.6× +2.07% (above 0%: growing) +58.00% (above 0%: growing) +48.02% (above 0%: growing) 64.66% 0.00% Compare
Median of peers $968.3M 11.1× 9.5× +4.30% +20.85% +60.45% 69.50% 0.00%

All 323 Banks Regional stocks →

Equity Bancshares, Inc. (EQBK) key facts

  • Concern: Equity Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $314.8 million, down 6.21% from fiscal 2024.
  • Equity Bancshares, Inc. (EQBK) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, EQBK traded at $47.51, a market capitalization of $961.3 million.
  • Equity Bancshares, Inc. pays an annual dividend of $0.76 per share, a yield of 1.60%, with a payout ratio of 45.5%.
  • Return on equity was 3.43% and debt-to-equity 0.58.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Equity Bancshares, Inc. (EQBK) Latest News

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stockrow.com/EQBK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com