Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -114%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%

Low stock price volatility
Vol 12M is 25%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology.

Trading close to highs
Dist 52W High is -4.5%, Dist 3Y High is -4.5%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 22x, P/EPrice/Earnings or Price/(Net Income) is 40x

Key risks
EQBK key risks include [1] potential credit quality decline from economic deterioration in its core Midwest markets and [2] challenges integrating the acquisitions central to its growth strategy.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -114%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
2 Low stock price volatility
Vol 12M is 25%
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology.
4 Trading close to highs
Dist 52W High is -4.5%, Dist 3Y High is -4.5%
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 22x, P/EPrice/Earnings or Price/(Net Income) is 40x
6 Key risks
EQBK key risks include [1] potential credit quality decline from economic deterioration in its core Midwest markets and [2] challenges integrating the acquisitions central to its growth strategy.

EQBK in ETFs

Weight = EQBK's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
KRE0.14%
IWN0.05%
VTWO0.02%
DFAS0.02%
AVUV0.02%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 6/10/2026

Equity Bancshares (EQBK) stock has gained about 5% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat.

Equity Bancshares reported robust financial results for its fiscal Q1 2026 on April 14, 2026, with adjusted earnings of $1.23 per diluted share. This significantly exceeded analysts' consensus estimate of $1.15 per share, representing a positive earnings surprise of 14.78%. The strong earnings performance was underpinned by record quarterly revenue.

2. Material Asset Growth Driven by Frontier Acquisition.

The acquisition of Frontier Holdings, LLC, which was completed on January 2, 2026, played a crucial role in expanding Equity Bancshares' market presence and asset base. This strategic acquisition contributed to a 20% increase in assets during fiscal Q1 2026 and was a key factor in achieving record quarterly revenue. Overall, the company's asset base grew by more than 40% year-over-year compared to March 2025, driven by these strategic acquisitions.

Show more
Updated on 6/10/2026

Equity Bancshares (EQBK) stock has gained about 5% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat.

Equity Bancshares reported robust financial results for its fiscal Q1 2026 on April 14, 2026, with adjusted earnings of $1.23 per diluted share. This significantly exceeded analysts' consensus estimate of $1.15 per share, representing a positive earnings surprise of 14.78%. The strong earnings performance was underpinned by record quarterly revenue.

2. Material Asset Growth Driven by Frontier Acquisition.

The acquisition of Frontier Holdings, LLC, which was completed on January 2, 2026, played a crucial role in expanding Equity Bancshares' market presence and asset base. This strategic acquisition contributed to a 20% increase in assets during fiscal Q1 2026 and was a key factor in achieving record quarterly revenue. Overall, the company's asset base grew by more than 40% year-over-year compared to March 2025, driven by these strategic acquisitions.

3. Share Repurchase Program.

During fiscal Q1 2026, Equity Bancshares actively engaged in its share repurchase authorization, buying back 500,000 shares at a weighted average cost of $44.74. This action signals management's confidence in the company's valuation and capital position, contributing to shareholder value.

4. Positive Management Outlook and Favorable Regional Banking Environment.

Management provided a confident outlook for the remainder of the year, reaffirming a 2026 core earnings per share (EPS) target of $5.00. This positive company-specific guidance was supported by a generally favorable macroeconomic backdrop for regional banks, which experienced improving net interest margin expectations and stable credit quality, providing a tailwind for the sector.

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Stock Movement Drivers

Fundamental Drivers

The 4.3% change in EQBK stock from 2/28/2026 to 6/19/2026 was primarily driven by a 19.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266192026Change
Stock Price ($)44.7046.604.3%
Change Contribution By: 
Total Revenues ($ Mil)19222919.2%
Net Income Margin (%)9.2%10.8%17.3%
P/E Multiple48.539.8-18.0%
Shares Outstanding (Mil)1921-9.1%
Cumulative Contribution4.3%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/19/2026
ReturnCorrelation
EQBK4.3% 
Market (SPY)9.2%20.7%
Sector (XLF)4.7%39.7%

Fundamental Drivers

The 7.9% change in EQBK stock from 11/30/2025 to 6/19/2026 was primarily driven by a 19.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256192026Change
Stock Price ($)43.1946.607.9%
Change Contribution By: 
Total Revenues ($ Mil)19222919.2%
Net Income Margin (%)9.2%10.8%17.3%
P/E Multiple46.939.8-15.1%
Shares Outstanding (Mil)1921-9.1%
Cumulative Contribution7.9%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/19/2026
ReturnCorrelation
EQBK7.9% 
Market (SPY)9.9%17.2%
Sector (XLF)1.3%39.6%

Fundamental Drivers

The 21.6% change in EQBK stock from 5/31/2025 to 6/19/2026 was primarily driven by a 277.5% change in the company's P/E Multiple.
(LTM values as of)53120256192026Change
Stock Price ($)38.3246.6021.6%
Change Contribution By: 
Total Revenues ($ Mil)2252291.8%
Net Income Margin (%)28.3%10.8%-61.9%
P/E Multiple10.539.8277.5%
Shares Outstanding (Mil)1721-16.9%
Cumulative Contribution21.6%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/19/2026
ReturnCorrelation
EQBK21.6% 
Market (SPY)28.1%27.8%
Sector (XLF)6.7%46.3%

Fundamental Drivers

The 118.7% change in EQBK stock from 5/31/2023 to 6/19/2026 was primarily driven by a 539.7% change in the company's P/E Multiple.
(LTM values as of)53120236192026Change
Stock Price ($)21.3146.60118.7%
Change Contribution By: 
Total Revenues ($ Mil)19522917.6%
Net Income Margin (%)27.9%10.8%-61.4%
P/E Multiple6.239.8539.7%
Shares Outstanding (Mil)1621-24.6%
Cumulative Contribution118.7%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/19/2026
ReturnCorrelation
EQBK118.7% 
Market (SPY)85.7%39.5%
Sector (XLF)77.0%57.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EQBK Return58%-3%6%27%7%5%130%
Peers Return38%-8%-7%22%-0%13%61%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
EQBK Win Rate75%42%50%67%58%67% 
Peers Win Rate67%42%47%58%53%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
EQBK Max Drawdown-15%-18%-37%-14%-21%-12% 
Peers Max Drawdown-17%-26%-35%-14%-23%-14% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CBSH, GSBC, UMBF, BOKF, FFIN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventEQBKS&P 500
2025 US Tariff Shock
  % Loss-19.9%-18.8%
  % Gain to Breakeven24.8%23.1%
  Time to Breakeven90 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-11.5%-9.5%
  % Gain to Breakeven13.0%10.5%
  Time to Breakeven53 days24 days
2023 SVB Regional Banking Crisis
  % Loss-32.0%-6.7%
  % Gain to Breakeven47.1%7.1%
  Time to Breakeven211 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-16.8%-24.5%
  % Gain to Breakeven20.2%32.4%
  Time to Breakeven97 days427 days
2020 COVID-19 Crash
  % Loss-49.5%-33.7%
  % Gain to Breakeven98.0%50.9%
  Time to Breakeven321 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-18.9%-19.2%
  % Gain to Breakeven23.4%23.8%
  Time to Breakeven2091 days105 days

Compare to CBSH, GSBC, UMBF, BOKF, FFIN

In The Past

Equity Bancshares's stock fell -19.9% during the 2025 US Tariff Shock. Such a loss loss requires a 24.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventEQBKS&P 500
2023 SVB Regional Banking Crisis
  % Loss-32.0%-6.7%
  % Gain to Breakeven47.1%7.1%
  Time to Breakeven211 days31 days
2020 COVID-19 Crash
  % Loss-49.5%-33.7%
  % Gain to Breakeven98.0%50.9%
  Time to Breakeven321 days140 days

Compare to CBSH, GSBC, UMBF, BOKF, FFIN

In The Past

Equity Bancshares's stock fell -19.9% during the 2025 US Tariff Shock. Such a loss loss requires a 24.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Equity Bancshares (EQBK)

Equity Bancshares, Inc. (EQBK) operates as a bank holding company, primarily through its subsidiary, Equity Bank. The company provides a full range of banking, mortgage banking, and financial services. Its fundamental business involves accepting various types of deposits from customers and then deploying those funds through a diverse portfolio of loan products and other financial services to support both individual and corporate needs.

The company's core offerings include traditional deposit accounts such as demand, savings, money market, and time deposits. On the lending side, EQBK provides extensive commercial loans for purposes like real estate, industrial operations, equipment financing, and agribusiness, as well as working capital and acquisition loans. For individual customers, it offers consumer loans including residential real estate mortgages, home equity loans, and personal installment loans. Beyond lending and deposits, the bank also provides modern services such as debit cards, online and mobile banking solutions, ATM access, and specialized treasury and cash management services for businesses.

Equity Bancshares serves a dual customer base: individuals and professionals for their personal banking and lending requirements, and a wide array of commercial entities. Its business clients include national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, and agribusinesses. The company maintains a significant regional presence, operating a network of branches across Arkansas, Kansas, Missouri, and Oklahoma.

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  • A scaled-down Wells Fargo for the Central Plains.
  • Like U.S. Bancorp, but concentrated in Arkansas, Kansas, Missouri, and Oklahoma.

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  • Deposit Accounts: Provides a variety of checking, savings, money market, and time deposit accounts for individuals and businesses.

  • Commercial Loans: Offers diverse financing solutions for businesses, including commercial and industrial loans, real estate loans, lines of credit, and equipment financing.

  • Real Estate Loans: Provides loans for residential real estate, home equity, commercial real estate, construction, and homebuilders.

  • Consumer Loans: Offers personal financial products such as installment loans, lines of credit, and overdraft protection for individuals.

  • Digital Banking Services: Delivers convenient online and mobile banking solutions for account management, transfers, and bill payments.

  • Treasury & Cash Management Services: Provides businesses with advanced services like wire transfers, ACH, lockbox, and remote deposit capture for efficient cash flow.

  • Debit Cards: Issues debit cards to customers for convenient access to funds and transactions.

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Equity Bancshares (EQBK) serves a broad and diversified customer base rather than relying on a few major named customers. Based on the company description, its customer base can be categorized as follows:

  • Commercial Businesses: This category includes a diverse range of enterprises such as national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, and agribusiness companies. These customers utilize a variety of commercial loan products, lines of credit, equipment financing, and treasury management services.
  • Individuals and Professionals: This category comprises consumers and professionals who leverage the bank's services for residential real estate loans, home equity loans and lines of credit, installment loans, unsecured and secured personal lines of credit, and various deposit products like demand, savings, money market, and time deposits.

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Brad S. Elliott, Founder, Chairman & Chief Executive Officer

Brad S. Elliott is the founder, Chairman, and Chief Executive Officer of Equity Bancshares, Inc., which he established in 2002. Prior to founding Equity Bancshares, he held positions as Director of Marketing at Koch Industries, Inc. and Regional President at Sunflower Bank. He also gained experience in various capacities at Home State Bank and Trust for six years. Under his leadership, Equity Bank has expanded through strategic capital raises and bank mergers, and he led the company's initial public offering (IPO) in 2015.

Chris Navratil, Executive Vice President, Chief Financial Officer

Chris Navratil serves as the Executive Vice President and Chief Financial Officer of Equity Bancshares, Inc. He joined Equity Bank in February 2019, initially as a Senior Vice President, and later served as Chief Financial Officer of Equity Bank before being promoted to the Company's CFO in August 2023. Before joining Equity, Mr. Navratil spent seven years with Crowe LLP's Financial Institutions Audit Practice, including two years as Senior Manager.

Richard M. Sems, Chief Executive Officer, Equity Bank

Richard M. Sems is the Chief Executive Officer of Equity Bank, a subsidiary of Equity Bancshares, Inc.

Julie Huber, Executive Vice President, Chief Operating Officer

Julie Huber is the Executive Vice President and Chief Operating Officer. She also serves as a regional representative for the Kansas Bankers' Association Board of Directors.

Brett A. Reber, Executive Vice President, General Counsel

Brett A. Reber holds the position of Executive Vice President and General Counsel.

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Here are the key risks to Equity Bancshares (EQBK):
  • Credit Quality Risk: Equity Bancshares faces significant risk related to the credit quality of its loan portfolio. Increases in nonperforming assets and a potential uptick in credit loss provisions or charge-offs could negatively impact the company's earnings and financial condition. Deterioration in credit quality, particularly in commercial real estate loans, could require higher reserves and weigh on profitability.
  • Interest Rate Risk: The company is exposed to interest rate fluctuations, which can significantly affect its net interest margin (NIM) and overall profitability. If long-term interest rates decline or the yield curve inverts, Equity Bancshares' net interest margins could shrink, impacting its earnings. While the company utilizes hedging instruments like interest rate swaps to manage this exposure, interest rate volatility remains a material risk.
  • Integration Risk from Acquisitions: Equity Bancshares has a strategy of growth through strategic acquisitions. However, the integration of acquired entities presents operational and cultural challenges, along with one-off merger costs. These integrations can impact the company's core net interest margin and regulatory capital ratios, and a failure to effectively integrate new businesses could adversely affect its financial performance and future earnings potential.

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The clear emerging threat for Equity Bancshares (EQBK) stems from the rise of purely digital-first financial service providers, including online-only banks (neobanks), specialized fintech lending platforms, and financial offerings from large technology companies. These competitors operate with significantly lower overhead due to the absence of physical branches, allowing them to often offer more competitive interest rates on deposits, lower fees, and faster, more convenient digital customer experiences for banking, lending, and payment services. This disruption mirrors historical examples where new business models or technologies fundamentally challenged established industries by offering superior convenience, efficiency, or cost structures, directly impacting Equity Bancshares' traditional deposit base, loan products, and overall customer acquisition and retention strategies.

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Equity Bancshares (EQBK) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
  1. Organic Loan Growth: The company anticipates mid-to-high single-digit organic loan growth, supported by strong loan pipelines. For instance, as of the end of the fourth quarter of 2023, Equity Bancshares reported a 75% probability pipeline of $450 million and a 50% probability pipeline of $260 million, totaling over $700 million. This strong pipeline, coupled with expectations of moderating rate pressures, is projected to lead to increased loan originations at improved yields. In the first quarter of 2025, loans increased by $131 million, demonstrating an annualized growth rate of 15.5% from strong organic production.
  2. Strategic Mergers and Acquisitions (M&A): Equity Bancshares has actively pursued and completed acquisitions to expand its geographic reach and asset base. The merger with Rockhold Bancorp (parent company of Bank of Kirksville) contributed to an increase in net interest income in the first quarter of 2024. Furthermore, the acquisition of Frontier Holdings, LLC in late 2025 marked the company's entry into Nebraska, adding 7 locations, approximately $1.34 billion in loans, and $1.1 billion in deposits, and is projected to be 7.7% accretive to 2026 EPS. The company also completed the acquisition of NBC Oklahoma, further expanding its multi-state footprint. Such strategic M&A activities enhance scale and long-term revenue opportunities by expanding into high-growth mid-sized markets.
  3. Net Interest Margin (NIM) Expansion and Optimized Interest Earning Assets: The company has demonstrated an ability to expand its net interest margin and enhance the yield on its interest-earning assets. In the fourth quarter of 2025, the net interest margin expanded to 4.47%, an increase of 2 basis points linked quarter, contributing to a full-year net interest income growth of 21.4% year-over-year. The successful origination of loans in the prevailing interest rate environment has contributed to an expanding coupon yield on interest-earning assets.
  4. Growth in Non-Interest Income: Equity Bancshares is focusing on diversifying its revenue streams through non-interest income. The company has seen growth in non-interest income driven by increased mortgage revenue, loan sale benefits, service charges, and fees, including trust and wealth management income, and card income. For example, non-interest income grew by 7.4% quarter-over-quarter to $9.5 million, largely due to increased mortgage revenue and a significant loan sale benefit. Investment in digital banking and diversified services is expected to improve the income mix and support stable earnings growth.

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Share Repurchases

  • Equity Bancshares initiated multiple share repurchase programs from 2022 through 2025, reflecting management's confidence in valuation and commitment to returning capital to shareholders.
  • A share repurchase program for up to 1,000,000 shares of outstanding common stock was authorized from October 29, 2021, to October 28, 2022.
  • Further authorizations for repurchasing up to 1,000,000 shares of common stock were approved to commence on October 1, 2024, through September 30, 2025, and again from October 1, 2025, through September 30, 2026.

Share Issuance

  • In December 2024, Equity Bancshares priced an underwritten public offering of 1,797,600 shares of its Class A common stock at $44.50 per share, totaling an $80 million aggregate offering. The net proceeds were intended to support growth, strategic acquisitions, investments in Equity Bank, and for general corporate purposes.
  • The acquisition of NBC Corp. of Oklahoma in July 2025 involved approximately 80% of the consideration being settled with EQBK stock.
  • The merger with Frontier Holdings, LLC, completed on January 1, 2026, included the issuance of 2.22 million shares of EQBK common stock as part of the consideration.

Outbound Investments

  • Equity Bancshares completed the acquisition of American State Bancshares in October 2021.
  • In July 2025, Equity Bancshares acquired NBC Corp. of Oklahoma, adding seven locations and approximately $908.9 million in assets.
  • The company completed its merger with Frontier Holdings, LLC, parent company of Frontier Bank, on January 1, 2026, which added seven locations and approximately $1.4 billion in assets, including $1.3 billion in loans and $1.1 billion in deposits. The acquisition of Rockhold Bancorp (Bank of Kirksville) was an all-cash merger transaction valued at approximately $44.3 million.

Capital Expenditures

  • Equity Bancshares invested $5.5 million in capital expenditures during the fourth quarter of 2025, primarily for funding long-term assets and infrastructure. This represented a 36.4% increase from the prior quarter.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EQBKCBSHGSBCUMBFBOKFFFINMedian
NameEquity B.Commerce.Great So.UMB Fina.BOK Fina.First Fi. 
Mkt Price46.6054.7374.23133.06130.3332.7864.48
Mkt Cap1.08.00.810.17.84.76.3
Rev LTM2291,8352292,6052,1446351,235
Op Inc LTM-------
FCF LTM291,14577981471309390
FCF 3Y Avg5470263665-159285174
CFO LTM451,191881,025471324397
CFO 3Y Avg6676071695-159300185

Growth & Margins

EQBKCBSHGSBCUMBFBOKFFFINMedian
NameEquity B.Commerce.Great So.UMB Fina.BOK Fina.First Fi. 
Rev Chg LTM1.8%8.8%2.1%61.1%8.1%14.2%8.5%
Rev Chg 3Y Avg11.3%5.8%-1.6%26.0%2.7%7.8%6.8%
Rev Chg Q36.9%15.9%-1.0%34.3%9.5%12.5%14.2%
QoQ Delta Rev Chg LTM10.7%3.8%-0.2%7.2%2.2%2.9%3.4%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM19.7%64.9%38.3%39.3%22.0%51.0%38.8%
CFO/Rev 3Y Avg35.4%43.7%31.6%37.2%-10.3%53.9%36.3%
FCF/Rev LTM12.8%62.4%33.6%37.6%22.0%48.6%35.6%
FCF/Rev 3Y Avg28.7%40.3%28.3%35.5%-10.3%51.2%32.1%

Valuation

EQBKCBSHGSBCUMBFBOKFFFINMedian
NameEquity B.Commerce.Great So.UMB Fina.BOK Fina.First Fi. 
Mkt Cap1.08.00.810.17.84.76.3
P/S4.34.33.63.93.67.44.1
P/Op Inc-------
P/EBIT-------
P/E39.813.811.411.512.717.813.3
P/CFO21.86.79.39.916.614.512.2
Total Yield3.8%9.2%11.0%10.2%9.7%7.9%9.5%
Dividend Yield1.2%1.9%2.3%1.4%1.9%2.3%1.9%
FCF Yield 3Y Avg8.2%9.3%9.5%10.4%-4.1%6.1%8.7%
D/E0.50.00.60.00.80.00.2
Net D/E-1.1-0.7-0.2-0.70.4-0.2-0.4

Returns

EQBKCBSHGSBCUMBFBOKFFFINMedian
NameEquity B.Commerce.Great So.UMB Fina.BOK Fina.First Fi. 
1M Rtn1.8%5.3%6.0%2.5%0.3%2.8%2.7%
3M Rtn9.0%15.4%22.5%22.4%4.7%14.0%14.7%
6M Rtn2.6%4.7%17.0%12.7%9.7%6.9%8.3%
12M Rtn22.4%-3.0%36.4%35.6%43.8%-4.3%29.0%
3Y Rtn93.2%32.0%53.5%128.2%61.7%18.9%57.6%
1M Excs Rtn1.5%4.3%6.4%4.1%0.6%2.4%3.2%
3M Excs Rtn-6.8%2.1%7.7%8.6%-9.3%1.6%1.9%
6M Excs Rtn-10.8%-5.7%4.5%2.3%0.7%-4.8%-2.1%
12M Excs Rtn-2.2%-28.1%12.1%11.3%19.4%-29.7%4.6%
3Y Excs Rtn23.1%-45.9%-25.3%38.9%-15.6%-55.1%-20.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Equity Bank217232   
Unallocated Holding Company Amounts2655   
Eliminations-33-62   
Single Segment  137195172
Total210225137195172


Net Income by Segment
$ Mil20252024
Equity Bank3260
Unallocated Holding Company Amounts2464
Eliminations-33-62
Total2363


Assets by Segment
$ Mil202520242023
Equity Bank6,3235,3165,024
Holding company administrative adjustments848704560
Elimination of bank cash and intercompany receivable of subsidiaries-41-108-14
Elimination of investment in subsidiaries-757-580-536
Total6,3735,3325,035


Price Behavior

Price Behavior
Market Price$46.60 
Market Cap ($ Bil)1.0 
First Trading Date11/11/2015 
Distance from 52W High-4.5% 
   50 Days200 Days
DMA Price$45.94$44.13
DMA Trendupup
Distance from DMA1.4%5.6%
 3M1YR
Volatility17.3%25.5%
Downside Capture10.3550.91
Upside Capture34.2960.37
Correlation (SPY)14.7%26.2%
EQBK Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.490.460.420.410.680.80
Up Beta0.330.340.310.580.890.73
Down Beta1.610.750.460.390.550.78
Up Capture29%35%39%33%57%78%
Bmk +ve Days13283667141432
Stock +ve Days7213164121370
Down Capture26%80%51%34%71%93%
Bmk -ve Days7132757109318
Stock -ve Days13203159126372

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EQBK
EQBK23.3%25.4%0.78-
Sector ETF (XLF)8.3%14.6%0.3345.2%
Equity (SPY)26.5%12.4%1.6126.1%
Gold (GLD)24.2%27.5%0.77-1.6%
Commodities (DBC)19.8%18.8%0.83-20.9%
Real Estate (VNQ)11.0%13.7%0.5234.6%
Bitcoin (BTCUSD)-40.0%42.5%-1.0811.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EQBK
EQBK9.5%30.1%0.33-
Sector ETF (XLF)9.3%18.6%0.3758.0%
Equity (SPY)13.5%17.1%0.6241.3%
Gold (GLD)17.1%18.3%0.76-1.0%
Commodities (DBC)7.5%19.4%0.295.6%
Real Estate (VNQ)1.9%18.9%0.0040.3%
Bitcoin (BTCUSD)11.0%54.2%0.4015.0%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EQBK
EQBK7.7%34.9%0.31-
Sector ETF (XLF)13.0%22.2%0.5460.0%
Equity (SPY)15.3%18.0%0.7344.5%
Gold (GLD)12.3%16.1%0.63-2.9%
Commodities (DBC)5.9%18.0%0.2615.5%
Real Estate (VNQ)5.3%20.7%0.2242.5%
Bitcoin (BTCUSD)60.0%66.8%1.009.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 5152026-8.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest5.0 days
Basic Shares Quantity21.0 Mil
Short % of Basic Shares1.7%

Earnings Returns History

Updated 6/17/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/14/2026-2.5%-3.5%-3.4%
1/21/2026-0.2%-7.8%-5.2%
10/14/2025-1.8%-3.1%-1.2%
7/14/2025-6.6%-9.8%-11.5%
4/15/20251.3%6.8%14.4%
1/22/20251.8%3.4%0.8%
10/15/20242.1%-0.6%8.4%
7/16/20240.6%2.0%-9.4%
...
SUMMARY STATS   
# Positive121013
# Negative121411
Median Positive2.3%4.5%10.6%
Median Negative-2.7%-4.2%-6.0%
Max Positive9.5%12.4%26.6%
Max Negative-7.1%-9.8%-11.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/14/2026-2.5%-3.5%-3.4%
1/21/2026-0.2%-7.8%-5.2%
10/14/2025-1.8%-3.1%-1.2%
7/14/2025-6.6%-9.8%-11.5%
4/15/20251.3%6.8%14.4%
1/22/20251.8%3.4%0.8%
10/15/20242.1%-0.6%8.4%
7/16/20240.6%2.0%-9.4%
4/16/2024-0.1%7.7%7.8%
1/24/2024-1.8%-3.8%-6.6%
10/17/2023-3.4%-3.9%10.6%
7/18/20232.6%2.5%-2.0%
4/18/2023-2.7%-5.5%-6.9%
1/25/2023-6.5%-6.2%-6.0%
10/18/20224.0%3.4%10.1%
7/19/20222.0%3.5%12.5%
4/19/20229.5%-0.0%-2.2%
1/26/2022-2.6%-5.5%-6.8%
10/19/2021-3.4%-4.4%2.1%
7/19/20217.8%7.6%14.0%
4/20/20216.2%5.4%13.7%
1/25/20210.5%-1.2%14.8%
10/20/20208.4%12.4%26.6%
7/21/2020-7.1%-7.8%1.7%
SUMMARY STATS   
# Positive121013
# Negative121411
Median Positive2.3%4.5%10.6%
Median Negative-2.7%-4.2%-6.0%
Max Positive9.5%12.4%26.6%
Max Negative-7.1%-9.8%-11.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/08/202610-Q
12/31/202503/06/202610-K
09/30/202511/03/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/07/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/09/202410-Q
12/31/202303/07/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/04/202310-Q
12/31/202203/09/202310-K
09/30/202211/08/202210-Q
06/30/202208/08/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/08/202610-Q
12/31/202503/06/202610-K
09/30/202511/03/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/07/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/09/202410-Q
12/31/202303/07/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/04/202310-Q
12/31/202203/09/202310-K
09/30/202211/08/202210-Q
06/30/202208/08/202210-Q
03/31/202205/05/202210-Q
12/31/202103/09/202210-K
09/30/202111/08/202110-Q
06/30/202108/05/202110-Q
03/31/202105/06/202110-Q
12/31/202003/09/202110-K
09/30/202010/29/202010-Q
06/30/202007/31/202010-Q
03/31/202004/30/202010-Q
12/31/201903/10/202010-K
09/30/201911/12/201910-Q
06/30/201908/05/201910-Q

Insider Activity

Updated 6/12/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Reber, Brett AGeneral CounselDirectSell611202647.851,68680,6751,650,586Form
2Reber, Brett AGeneral CounselDirectSell507202646.551004,6551,684,226Form
3Rogerson, Donald ScottDirectBuy501202645.932,00091,860229,650Form
4Knutson, AnnChief Human Resources OfficerDirectSell323202643.9345019,768367,431Form
5Sems, Richard MChief Executive Officer, BankDirectBuy223202645.131104,9641,196,306Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Reber, Brett AGeneral CounselDirectSell611202647.851,68680,6751,650,586Form
2Reber, Brett AGeneral CounselDirectSell507202646.551004,6551,684,226Form
3Rogerson, Donald ScottDirectBuy501202645.932,00091,860229,650Form
4Knutson, AnnChief Human Resources OfficerDirectSell323202643.9345019,768367,431Form
5Sems, Richard MChief Executive Officer, BankDirectBuy223202645.131104,9641,196,306Form
6Borck, LeonLeon Harold Borck Trust dtd 09/23/1994Buy1110202541.5725010,392411,751Form
7Borck, LeonLeon Harold Borck Trust dtd 09/23/1994Buy1023202540.3225010,080389,290Form
8Pass, DavidChief Information OfficerDirectSell818202539.211455,685268,667Form
Core Cache Last Updated: 6/19/2026