Equity BancShares Inc (N:EQBK)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 7701 E. KELLOGG DRIVE, SUITE 300
WICHITA KS 67207
Tel: 1-316-7791676
Website: https://investor.equitybank.com
IR: See website
<
Key People
Brad S. Elliott
Chairman of the Board, Chief Executive Officer
Chris M. Navratil
Chief Financial Officer, Executive Vice President
Ann M. Knutson
Chief Human Resource Officer
Brett A. Reber
Executive Vice President, General Counsel
Julie A. Huber
Executive Vice President - Strategic Initiatives
Richard M. Sems
Executive Vice President, President of Equity Bank
David E. Pass
Executive Vice President, Chief Information Officer
Krzysztof P. Slupkowski
Chief Credit Officer
 
Business Overview
Equity Bancshares, Inc. is a bank holding company for Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners as well as individuals through its network of approximately 82 branches located in Arkansas, Kansas, Missouri and Oklahoma. The Bank's operations involve the delivery of loan and deposit products to its customers. It offers commercial banking products and other services, including lending activities, deposit products, and other products and services. The Bank offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay. Its commercial treasury management services include balance reporting, transfers between accounts, wire transfer initiation, automated clearing house (ACH) origination and stop payments.
Financial Overview
For the fiscal year ended 31 December 2023, Equity BancShares Inc interest income increased 31% to $246.7M. Net interest income after loan loss provision decreased 3% to $157.1M. Net income decreased 86% to $7.8M. Net interest income after loan loss provision reflects Net Interest Margin - Total - % decrease of 1% to 3.46%, Net Interest Spread - Total - % decrease of 13% to 2.88%.
Employees: 717 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $444.19M as of Dec 31, 2023
Annual revenue (TTM): $246.71M as of Dec 31, 2023
EBITDA (TTM): $27.04M as of Dec 31, 2023
Net annual income (TTM): $7.82M as of Dec 31, 2023
Free cash flow (TTM): $54.34M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 15,437,891 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.