EQBK Stock Analysis: Equity Bancshares | NYSE

Banks - Regional | NYSE, USA | Market Cap: 1.020m USD | 12M Return: 33.6% | Charts, Fundamentals & Technical Analysis

Commercial Loans, Mortgage Lending, Deposit Services, Treasury Management
Total Rating 48
Safety 33
Buy Signal 0.48
Banks - Regional
Industry Rotation: -5.9
Market Cap: 1.02B
Avg Turnover: 8.06M
Risk 3d forecast
Volatility29.2%
VaR 5th Pctl4.51%
VaR vs Median-5.84%
Reward TTM
Sharpe Ratio1.13
Rel. Str. IBD70.7
Rel. Str. Peer Group43.3
Character TTM
Beta0.709
Beta Downside0.769
Hurst Exponent0.363
Drawdowns 3y
Max DD28.29%
CAGR/Max DD0.89
CAGR/Mean DD2.81
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, "2026-06": 1.41,
EPS CAGR: 15.68%
EPS Trend: 89.6%
Last SUE: 1.74
Qual. Beats: 1
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, 2026-06: 115.882,
Rev. CAGR: 17.12%
Rev. Trend: 86.4%
Last SUE: 0.89
Qual. Beats: 3

Warnings

No concerns identified

Tailwinds

Shakeout

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: 35.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA -1.01 > 1.0
NWC/Revenue: -1.19k% < 20% (prev -874.7%; Δ -311.7% < -1%)
CFO/TA 0.01 > 3% & CFO 45.4m > Net Income 35.8m
Net Debt (-1.26b) to EBITDA (102.1m): -12.30 < 3
Current Ratio: 0.29 > 1.5 & < 3
Outstanding Shares: last quarter (19.2m) vs 12m ago 8.79% < -2%
Gross Margin: 52.81% > 18% (prev 67.72%; Δ -14.91% > 0.5%)
Asset Turnover: 5.82% > 50% (prev 6.18%; Δ -0.36% > 0%)
Interest Coverage Ratio: 0.80 > 6 (EBIT TTM 99.6m / Interest Expense TTM 124.3m)
Altman Z'' -3.51
A: -0.59 (Total Current Assets 1.82b - Total Current Liabilities 6.35b) / Total Assets 7.73b
B: 0.03 (Retained Earnings 241.2m / Total Assets 7.73b)
C: 0.02 (EBIT TTM 99.6m / Avg Total Assets 6.55b)
D: 0.12 (Book Value of Equity 827.3m / Total Liabilities 6.90b)
Altman-Z'' = -3.51 = D
Beneish M -2.44
DSRI: 1.25 (Receivables 37.7m/26.2m, Revenue 381.3m/332.2m)
GMI: 1.28 (GM 67.72% / 52.81%)
AQI: 1.03 (AQ_t 0.75 / AQ_t-1 0.72)
SGI: 1.15 (Revenue 381.3m / 332.2m)
TATA: -0.00 (NI 35.8m - CFO 45.4m) / TA 7.73b)
Beneish M = -2.44 (Cap -4..+1) = BBB
What is the price of EQBK shares?

As of July 28, 2026, the stock is trading at USD 50.43 with a total of 97,317 shares traded. Over the past week, the price has changed by +0.38%, over one month by +3.07%, over three months by +11.24% and over the past year by +33.57%.

Current recommended Stop Loss: 48.80 (which is 3.2% or 1.2 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 54.9 8.8%
Equity Bancshares (EQBK) - Fundamental Data Overview as of 25 July 2026
Market Cap USD = 1.02b (1.02b USD * 1.0 USD.USD)
P/E Trailing = 31.7756
P/E Forward = 10.3842
P/S = 4.2016
P/B = 1.2421
P/EG = 1.6942
Revenue TTM = 381.3m USD
EBIT TTM = 99.6m USD
EBITDA TTM = 102.1m USD
Long Term Debt = 398.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 42.8m USD (from shortTermDebt, last quarter)
Debt = 526.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.26b USD (calculated: Debt 526.6m - CCE 1.78b)
Enterprise Value = 1.02b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.80 (Ebit TTM 99.6m / Interest Expense TTM 124.3m)
EV/FCF = 34.15x (Enterprise Value 1.02b / FCF TTM 29.9m)
FCF Yield = 2.93% (FCF TTM 29.9m / Enterprise Value 1.02b)
FCF Margin = 7.83% (FCF TTM 29.9m / Revenue TTM 381.3m)
Net Margin = 9.39% (Net Income TTM 35.8m / Revenue TTM 381.3m)
Gross Margin = 52.81% ((Revenue TTM 381.3m - Cost of Revenue TTM 179.9m) / Revenue TTM)
Gross Margin QoQ = 69.58% (prev 65.69%)
Tobins Q-Ratio = 0.13 (Enterprise Value 1.02b / Total Assets 7.73b)
Interest Expense / Debt = 23.60% (Interest Expense 124.3m / Debt 526.6m)
Taxrate = 20.61% (9.30m / 45.1m)
NOPAT = 79.1m (EBIT 99.6m * (1 - 20.61%))
Current Ratio = 0.29 (Total Current Assets 1.82b / Total Current Liabilities 6.35b)
Debt / Equity = 0.64 (Debt 526.6m / totalStockholderEquity, last quarter 827.3m)
Debt / EBITDA = -12.30 (Net Debt -1.26b / EBITDA 102.1m)
Debt / FCF = -42.05 (Net Debt -1.26b / FCF TTM 29.9m)
Total Stockholder Equity = 772.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.55% (Net Income 35.8m / Total Assets 7.73b)
RoE = 4.64% (Net Income TTM 35.8m / Total Stockholder Equity 772.2m)
RoCE = 8.51% (EBIT 99.6m / Capital Employed (Equity 772.2m + L.T.Debt 398.1m))
RoIC = 5.64% (NOPAT 79.1m / Invested Capital 1.40b)
WACC = 11.97% (E(1.02b)/V(1.55b) * Re(8.48%) + D(526.6m)/V(1.55b) * Rd(23.60%) * (1-Tc(0.21)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.92 | Cagr: 9.77%
[DCF] Terminal Value 60.87% ; FCFF base≈47.9m ; Y1≈42.0m ; Y5≈33.9m
[DCF] Fair Price = 77.70 (EV 342.6m - Net Debt -1.26b = Equity 1.60b / Shares 20.6m; r=11.97% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 89.57 | EPS CAGR: 15.68% | SUE: 1.74 | # QB: 1
Revenue Correlation: 86.41 | Revenue CAGR: 17.12% | SUE: 0.89 | # QB: 3
EPS current Quarter (2026-09-30): EPS=1.30 | Chg30d=+2.73% | Revisions=-29% | Analysts=7
EPS current Year (2026-12-31): EPS=5.08 | Chg30d=+0.53% | Revisions=+0% | GrowthEPS=+21.6% | GrowthRev=+28.3%
EPS next Year (2027-12-31): EPS=5.25 | Chg30d=+0.73% | Revisions=+0% | GrowthEPS=+3.4% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -18% (up=3, down=5)