EQBK Stock Analysis: Equity Bancshares | NYSE

Banks - Regional | NYSE, USA | Market Cap: 1.011m USD | 12M Return: 14.5% | Charts, Fundamentals & Technical Analysis

Commercial Loans, Mortgage Lending, Deposit Services, Treasury Management
Total Rating 37
Safety 34
Buy Signal -0.92
Banks - Regional
Industry Rotation: +3.8
Market Cap: 1.01B
Avg Turnover: 6.39M
Risk 3d forecast
Volatility29.1%
VaR 5th Pctl4.55%
VaR vs Median-4.91%
Reward TTM
Sharpe Ratio0.50
Rel. Str. IBD48.8
Rel. Str. Peer Group19.3
Character TTM
Beta0.657
Beta Downside0.700
Hurst Exponent0.344
Drawdowns 3y
Max DD28.29%
CAGR/Max DD1.05
CAGR/Mean DD3.35
EPS (Earnings per Share) EPS (Earnings per Share) of EQBK over the last years for every Quarter: "2021-06": 1.02, "2021-09": 0.96, "2021-12": 0.82, "2022-03": 0.94, "2022-06": 0.91, "2022-09": 0.94, "2022-12": 0.7, "2023-03": 0.77, "2023-06": 0.81, "2023-09": 0.8, "2023-12": 0.77, "2024-03": 1.03, "2024-06": 0.99, "2024-09": 1.31, "2024-12": 1.03, "2025-03": 0.84, "2025-06": 0.93, "2025-09": 1.16, "2025-12": 1.2, "2026-03": 1.24,
EPS CAGR: 14.12%
EPS Trend: 88.2%
Last SUE: 0.80
Qual. Beats: 0
Revenue Revenue of EQBK over the last years for every Quarter: 2021-06: 46.098, 2021-09: 49.598, 2021-12: 49.2, 2022-03: 51.023, 2022-06: 52.016, 2022-09: 56.719, 2022-12: 60.528, 2023-03: 64.619, 2023-06: 67.095, 2023-09: 73.18, 2023-12: 20.27, 2024-03: 78.367, 2024-06: 82.304, 2024-09: 82.759, 2024-12: 83.081, 2025-03: 84.37, 2025-06: 81.947, 2025-09: 47.542, 2025-12: 100.398, 2026-03: 117.511,
Rev. CAGR: 14.67%
Rev. Trend: 82.7%
Last SUE: 1.01
Qual. Beats: 2

Warnings

Fakeout

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -3.1% 27
Feb -0.5% 16
Mar -2.6% 25
Apr -1.8% 30
May +0.0% 2
Jun +3.2% 47
Jul +3.8% 9
Aug -0.2% 8
Sep -0.3% 21
Oct +1.4% 9
Nov +7.3% 60
Dec +1.9% 22

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: EQBK Equity Bancshares

Equity Bancshares, Inc. (NYSE: EQBK) is the bank holding company for Equity Bank, a community-focused regional bank that provides a broad suite of banking, mortgage banking, and financial services to both individual and corporate customers. Founded in 1985 and headquartered in Wichita, Kansas, the company operates primarily across a four-state footprint in Arkansas, Kansas, Missouri, and Oklahoma. As a bank holding company, Equity Bancshares separates its corporate ownership structure from the day-to-day banking operations conducted through its subsidiary bank.

The companys core business revolves around traditional banking activities, including gathering deposits (demand, savings, money market, and time deposits) and originating a wide range of loans. Its lending portfolio spans commercial and industrial loans, commercial real estate, construction financing, equipment and aircraft financing, government-guaranteed loans, 1-4 family residential mortgages, agricultural loans, and consumer credit products. This diversified loan mix is characteristic of community and regional banks, which typically compete by offering relationship-based lending and tailored credit solutions to local small- and mid-sized businesses, in contrast to the standardized products of larger national banks.

In addition to core lending and deposit services, Equity Bank offers a comprehensive suite of ancillary financial services, including debit and credit cards, insurance brokerage, trust and wealth management, treasury management solutions (such as wire transfers, ACH origination, and sweep accounts), and digital banking channels that include online and mobile banking with remote check deposit. The company also provides cash management tools like lockbox, remote deposit capture, positive pay, and zero balance accounts, which are typically used by business clients to streamline receivables and payables. Listed on the NYSE since its 2015 IPO, Equity Bancshares operates within the U.S. regional banking sector, where institutions of its size often pursue growth through a combination of organic expansion and selective acquisitions in their regional markets.

Headlines to Watch Out For
  • Net interest margin compresses as Fed cuts rates
  • Commercial real estate loan losses weigh on credit costs
  • Loan growth in commercial and industrial segment drives revenue
Piotroski VR-10 (Strict) 3.0
Net Income: 24.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.99 > 1.0
NWC/Revenue: -1.42k% < 20% (prev -972.1%; Δ -450.7% < -1%)
CFO/TA 0.01 > 3% & CFO 45.4m > Net Income 24.7m
Net Debt (-1.21b) to EBITDA (89.7m): -13.51 < 3
Current Ratio: 0.26 > 1.5 & < 3
Outstanding Shares: last quarter (19.2m) vs 12m ago 8.70% < -2%
Gross Margin: 51.33% > 18% (prev 66.70%; Δ -15.38% > 0.5%)
Asset Turnover: 5.30% > 50% (prev 6.11%; Δ -0.81% > 0%)
Interest Coverage Ratio: 0.70 > 6 (EBIT TTM 80.7m / Interest Expense TTM 114.7m)
Altman Z'' -3.93
A: -0.64 (Total Current Assets 1.74b - Total Current Liabilities 6.69b) / Total Assets 7.67b
B: 0.03 (Retained Earnings 218.5m / Total Assets 7.67b)
C: 0.01 (EBIT TTM 80.7m / Avg Total Assets 6.56b)
D: 0.12 (Book Value of Equity 817.6m / Total Liabilities 6.85b)
Altman-Z'' = -3.93 = D
Beneish M -2.37
DSRI: 1.43 (Receivables 40.0m/26.8m, Revenue 347.4m/332.5m)
GMI: 1.30 (GM 66.70% / 51.33%)
AQI: 1.00 (AQ_t 0.75 / AQ_t-1 0.76)
SGI: 1.04 (Revenue 347.4m / 332.5m)
TATA: -0.00 (NI 24.7m - CFO 45.4m) / TA 7.67b)
Beneish M = -2.37 (Cap -4..+1) = BBB
What is the price of EQBK shares?

As of July 08, 2026, the stock is trading at USD 48.70 with a total of 72,814 shares traded. Over the past week, the price has changed by -0.47%, over one month by +4.40%, over three months by +6.98% and over the past year by +14.49%.

Current recommended Stop Loss: 45.60 (which is 6.4% or 2.6 ATR below the current price).

Is EQBK a buy, sell or hold?

Equity Bancshares has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy EQBK.

  • StrongBuy: 2
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the EQBK price?
Analysts Target Price 52.9 8.5%
Equity Bancshares (EQBK) - Fundamental Data Overview as of 02 July 2026
Market Cap USD = 1.01b (1.01b USD * 1.0 USD.USD)
P/E Trailing = 41.517
P/E Forward = 10.3842
P/S = 4.5822
P/B = 1.2368
P/EG = 1.6942
Revenue TTM = 347.4m USD
EBIT TTM = 80.7m USD
EBITDA TTM = 89.7m USD
Long Term Debt = 445.9m USD (from longTermDebt, last quarter)
Short Term Debt = 386.7m USD (from shortTermDebt, last quarter)
Debt = 484.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.21b USD (calculated: Debt 484.9m - CCE 1.70b)
Enterprise Value = 1.01b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.70 (Ebit TTM 80.7m / Interest Expense TTM 114.7m)
EV/FCF = 33.87x (Enterprise Value 1.01b / FCF TTM 29.9m)
FCF Yield = 2.95% (FCF TTM 29.9m / Enterprise Value 1.01b)
FCF Margin = 8.59% (FCF TTM 29.9m / Revenue TTM 347.4m)
Net Margin = 7.10% (Net Income TTM 24.7m / Revenue TTM 347.4m)
Gross Margin = 51.33% ((Revenue TTM 347.4m - Cost of Revenue TTM 169.1m) / Revenue TTM)
Gross Margin QoQ = 65.69% (prev 72.74%)
Tobins Q-Ratio = 0.13 (Enterprise Value 1.01b / Total Assets 7.67b)
Interest Expense / Debt = 23.66% (Interest Expense 114.7m / Debt 484.9m)
Taxrate = 17.16% (5.11m / 29.8m)
NOPAT = 66.8m (EBIT 80.7m * (1 - 17.16%))
Current Ratio = 0.26 (Total Current Assets 1.74b / Total Current Liabilities 6.69b)
Debt / Equity = 0.59 (Debt 484.9m / totalStockholderEquity, last quarter 817.6m)
Debt / EBITDA = -13.51 (Net Debt -1.21b / EBITDA 89.7m)
Debt / FCF = -40.61 (Net Debt -1.21b / FCF TTM 29.9m)
Total Stockholder Equity = 724.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.38% (Net Income 24.7m / Total Assets 7.67b)
RoE = 3.40% (Net Income TTM 24.7m / Total Stockholder Equity 724.3m)
RoCE = 6.90% (EBIT 80.7m / Capital Employed (Equity 724.3m + L.T.Debt 445.9m))
RoIC = 4.95% (NOPAT 66.8m / Invested Capital 1.35b)
WACC = 11.96% (E(1.01b)/V(1.50b) * Re(8.29%) + D(484.9m)/V(1.50b) * Rd(23.66%) * (1-Tc(0.17)))
Discount Rate = 8.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 10.25%
[DCF] Terminal Value 60.93% ; FCFF base≈47.9m ; Y1≈42.0m ; Y5≈33.9m
[DCF] Fair Price = 75.36 (EV 343.3m - Net Debt -1.21b = Equity 1.56b / Shares 20.6m; r=11.96% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 88.15 | EPS CAGR: 14.12% | SUE: 0.80 | # QB: 0
Revenue Correlation: 82.66 | Revenue CAGR: 14.67% | SUE: 1.01 | # QB: 2
EPS current Quarter (2026-06-30): EPS=1.23 | Chg30d=+0.80% | Revisions=+0% | Analysts=7
EPS next Quarter (2026-09-30): EPS=1.27 | Chg30d=+0.16% | Revisions=-29% | Analysts=7
EPS current Year (2026-12-31): EPS=5.05 | Chg30d=-0.10% | Revisions=+17% | GrowthEPS=+20.9% | GrowthRev=+29.9%
EPS next Year (2027-12-31): EPS=5.20 | Chg30d=-1.17% | Revisions=+0% | GrowthEPS=+3.1% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: -6% (up=7, down=8)