EQBK
Equity Bancshares, Inc.47.20
+0.21+0.45%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Pricing discipline, Frontier opportunities detailed.
Q&A revealed management's deliberate pricing discipline, forgoing rate-stretched deals to rivals—about 30% of payoffs—to safeguard yields before Frontier's $1.3 billion loans hit at higher coupons. They highlighted $50 million in mixed participations to reclaim from Frontier, alongside active M&A pursuits despite buybacks guided by a 3-year earn-back framework. Deposits mix account gains with balance competition, prioritizing relationships over aggressive pricing. New originations accrete 50 basis points to coupons. Analysts probed competition and growth cadence; responses affirmed mid-single-digit organic targets in Oklahoma, Missouri, and Kansas City. No guidance shifts. Watch organic ramp post-conversion. Q&A added execution color without contradictions.
Key Stats
Market Cap
907.09MP/E (TTM)
43.30Basic EPS (TTM)
1.09Dividend Yield
0.01%Recent Filings
8-K
Merger adds Nebraska branches
Equity Bancshares completed its merger with Frontier Holdings LLC, parent of Frontier Bank, effective January 1, 2026, adding seven Nebraska locations and entering its sixth state. The deal boosts pro forma consolidated assets to $7.9 billion across Arkansas, Kansas, Missouri, Nebraska, Oklahoma, and a loan office in Iowa. Core systems consolidate in February. Integration risks loom large.
8-K
Merger regs approved
10-Q
Q3 FY2025 results
Equity Bancshares posted a Q3 net loss of $29.7M ($1.55 diluted EPS) versus $19.9M profit ($1.28 EPS) last year, driven by a $53.4M securities repositioning loss (derived) that swung non-interest income negative; net interest income climbed 36% y/y to $62.5M on 36% loan growth to $4.27B post-NBC merger, with margin expanding to 4.5% from 3.9%. Provision hit $6.2M (derived) for merger loans while net charge-offs eased to $1.1M. Closed NBC in July 2025 for $84.1M (cash/stock), adding $661.5M loans, $806M deposits, $24.5M goodwill, and $11.2M core deposit intangibles. Cash swelled to $699M; FHLB advances $341M (4.3%), subordinated debt $98M. Solid capital: CET1 12.8%. Overdraft fee suits linger.
8-K
Q3 loss masks core strength
Equity Bancshares posted a Q3 net loss of $29.7M from NBC merger costs and $53.4M securities sale loss, yet core net income hit $23.3M with NIM expanding to 4.45%. NBC added $665M loans, $807M deposits, $24.5M goodwill on July 2 close; Frontier deal announced for $1.3B loans, $1.1B deposits. Balance sheet bulged to $6.4B assets. Capital dipped yet stays solid.
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