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Equity Bancshares

OverviewSuggest Edit

Equity Bancshares, Inc. is a bank holding company. The Company's principal activity is the ownership and management of its subsidiary, Equity Bank. The Bank provides a range of financial services primarily to businesses and business owners, as well as individuals through its network of branches located in Kansas and Missouri. Its operations involve the delivery of loan and deposit products to its customers. Equity Ban offers commercial banking products and other services, including lending activities, deposit products, and other products and services. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements and mobile banking solutions. In addition, the Bank offers commercial treasury management services, wire transfer, automated clearing house (ACH) services and cash management deposit products.

TypePublic
Founded2002
HQWichita, KS, USMap
Websiteinvestor.equitybank.com
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Latest Updates

Employees (est.) (Dec 2018)627(+20%)
Revenue (FY, 2019)$25 M(+27%)
Share Price (Jan 2021)$23.5
Cybersecurity ratingAMore

Key People/Management at Equity Bancshares

Wendell Bontrager

Wendell Bontrager

President, Equity Bank

Equity Bancshares Office Locations

Equity Bancshares has an office in Wichita
Wichita, KS, US (HQ)
7701 E Kellogg Dr #200
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Equity Bancshares Financials and Metrics

Equity Bancshares Revenue

Equity Bancshares's revenue was reported to be $24.99 m in FY, 2019
USD

Revenue (Q3, 2020)

6.5m

Net income (Q3, 2020)

(90.4m)

Market capitalization (22-Jan-2021)

349.5m

Closing stock price (22-Jan-2021)

23.5

Cash (30-Sept-2020)

65.5m
Equity Bancshares's current market capitalization is $349.5 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

9.8m10.5m15.4m19.7m25.0m

Sales and marketing expense

1.2m1.2m2.1m3.0m3.1m

R&D expense

2.9m3.6m4.9m8.1m10.1m

Operating expense total

8.0m8.4m12.9m18.2m22.1m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.2m2.7m2.5m2.5m3.3m4.0m4.0m4.3m4.6m5.4m5.3m6.5m6.6m5.3m5.7m6.5m

Sales and marketing expense

218.0k330.0k353.0k518.0k624.0k535.0k619.0k665.0k802.0k646.0k722.0k806.0k696.0k403.0k598.0k

R&D expense

746.0k838.0k869.0k883.0k1.2m1.2m1.2m1.7m2.0m2.2m2.4m2.4m2.7m2.7m2.8m2.8m

Operating expense total

1.7m2.0m2.2m2.3m3.0m3.2m3.0m3.5m4.6m4.8m5.0m5.0m5.7m5.5m5.2m6.1m
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Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

56.8m35.1m52.2m192.7m89.0m

Accounts Receivable

4.5m7.0m2.1b2.6b2.5b

PP&E

39.1m50.5m63.4m80.4m84.5m

Goodwill

18.1m58.9m104.9m131.7m136.4m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

23.2m44.6m46.2m21.8m35.3m24.2m27.5m43.1m47.7m60.2m167.0m180.8m167.9m142.0m178.0m65.5m

Accounts Receivable

850.0m932.1m974.1m950.0m1.5b1.5b1.5b2.1b2.4b2.5b2.6b2.7b2.6b2.5b2.8b2.7b

PP&E

40.5m38.9m39.1m39.9m53.6m54.7m55.6m62.6m73.3m79.6m81.5m84.9m84.5m84.7m87.1m86.1m

Goodwill

18.1m18.1m18.1m18.1m64.5m64.6m64.6m103.4m125.5m131.7m136.4m136.4m136.4m136.4m136.4m31.6m
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Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

10.3m9.4m20.6m35.8m25.6m

Depreciation and Amortization

1.7m2.2m2.5m3.1m3.6m

Accounts Payable

433.0k1.3m(299.0k)

Cash From Operating Activities

13.6m15.5m27.1m36.7m48.5m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

7.7m3.4m6.3m9.0m4.9m11.2m16.4m8.7m15.6m25.9m(4.1m)5.2m15.6m1.3m2.9m(87.5m)

Depreciation and Amortization

1.5m512.0k841.0k1.3m585.0k1.2m1.8m689.0k1.5m2.3m863.0k1.7m2.6m933.0k1.8m2.8m

Accounts Payable

2.1m(167.0k)(918.0k)104.0k449.0k604.0k2.0k(1.4m)(552.0k)953.0k(803.0k)85.0k760.0k(1.1m)948.0k2.6m

Cash From Operating Activities

11.5m4.4m7.3m13.3m9.8m14.0m16.7m14.9m(10.7m)1.9m12.8m18.9m30.9m8.5m24.6m36.4m
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USDQ3, 2015

Debt/Equity

1.6 x

Debt/Assets

0.1 x

Financial Leverage

11.2 x
Show all financial metrics

Equity Bancshares Operating Metrics

Equity Bancshares's Total Loans was reported to be $1.5b in Q2, 2017.
FY, 2014Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

29 34

Non-accrual Loans

$10.79 m$6.61 m$8.20 m$9.04 m$7.86 m$7.16 m$22.69 m$28.16 m$25.88 m

Total Loans

$725.88 m$855.05 m$960.36 m$938.06 m$980.11 m$956.07 m$1.38 b$1.52 b$1.53 b
Show all operating metrics

Equity Bancshares Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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Equity Bancshares Online and Social Media Presence

Equity Bancshares's Trends

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Equity Bancshares News and Updates

January 25, 2021

Equity Bancshares, Inc. Reports Fourth Quarter Results

Equity successfully acquired assets and deposits of Almena State Bank, originates $282.1 million of Main Street Lending Program loans through its continued support programs during the pandemic and adds $3.93 tangible book value per share in 2020
October 26, 2020

Equity Bancshares, Inc. Expands Kansas Footprint, Acquires All Deposits and Assets of Almena State Bank

Adds two Norton County bank locations through agreement with FDIC Adds two Norton County bank locations through agreement with FDIC
January 23, 2020

Equity Bancshares, Inc. Announces Fourth Quarter Earnings of $0.64 per Diluted Common Share and Net Income of $10.0 Million

Company reports net interest margin expansion in fourth quarter and successful year for non-interest expense and non-interest income initiatives Company reports net interest margin expansion in fourth quarter and successful year for non-interest expense and non-interest income initiatives
July 22, 2019

Equity Bancshares, Inc. Announces Second Quarter Earnings of $0.58 Per Diluted Common Share and Net Income of $9.2 Million

Continues improvements in customer experience platforms including trust & wealth management, deposit and treasury product strategy and commercial lending Continues improvements in customer experience platforms including trust & wealth management, deposit and treasury product strategy and com…
July 10, 2019

RM LAW Announces Class Action Lawsuit Against Equity Bancshares, Inc.

BERWYN, Pa., July 10, 2019 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Equity Bancshares, Inc. ("Equity Bancshares" or the "Company") (NASDAQ: EQBK) investors who purchased securities between May 11, ...
June 27, 2019

Equity Bancshares, Inc. Will Announce Second Quarter 2019 Results on July 22, 2019

­
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Equity Bancshares Blogs

January 17, 2021

Equity Bancshares, Inc. Will Announce Fourth Quarter 2020 Results on January 25, 2021

WICHITA, Kan. , Jan. 17, 2021 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ:EQBK), (“Equity”), the Wichita -based holding company of Equity Bank , will release its fourth quarter 2020 results on Monday, January 25, 2021 , with a press release issued after market close.
October 20, 2020

Equity Bancshares, Inc. Reports Third Quarter Results

Equity continues stakeholder support programs during pandemic,   while deferring less than 1% of commercial loans, maintains Tier 1 Capital ratio of 13.3 % and a dds $2.97   t angible b ook per share year-to-date in 2020 WICHITA, Kan. , Oct. 20, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc.
October 11, 2020

Equity Bancshares, Inc. Will Announce Third Quarter 2020 Results on October 20, 2020

WICHITA, Kan. , Oct. 11, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ:EQBK), (“Equity”), the Wichita -based holding company of Equity Bank , will release its third quarter 2020 results on Tuesday, October 20, 2020 , with a press release issued after market close.
July 23, 2020

Equity Bancshares, Inc. Announces Completion of Additional $33 Million Subordinated Notes Offering, Raising a Total of $75 Million

Additional proceeds from private placement transaction will provide the Company with opportunistic capital WICHITA, Kan. , July 23, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “we”, “us”, “our”), the Wichita -based holding company of Equity Bank , announced the
July 21, 2020

Equity Bancshares, Inc. Announces Second Quarter Results, Reports Earnings of $0.11 per Diluted Common Share and Net Income of $1.7 Million

Company strengthens local businesses, customers and communities during COVID-19 era, positions capital and balance sheet for future growth WICHITA, Kan. , July 21, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ: EQBK), (“Equity”, “we”, “us”, “our”), the Wichita -based holding company of
July 10, 2020

Equity Bancshares, Inc. Will Announce Second Quarter 2020 Results on July 21, 2020

WICHITA, Kan. , July 10, 2020 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. (NASDAQ:EQBK), (“Equity”), the Wichita -based holding company of Equity Bank , will release its second quarter 2020 results on Tuesday, July 21, 2020 , with a press release issued after market close.
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 Equity Bancshares Frequently Asked Questions

  • When was Equity Bancshares founded?

    Equity Bancshares was founded in 2002.

  • Who are Equity Bancshares key executives?

    Equity Bancshares's key executives are Wendell Bontrager.

  • How many employees does Equity Bancshares have?

    Equity Bancshares has 627 employees.

  • What is Equity Bancshares revenue?

    Latest Equity Bancshares annual revenue is $25 m.

  • What is Equity Bancshares revenue per employee?

    Latest Equity Bancshares revenue per employee is $39.9 k.

  • Who are Equity Bancshares competitors?

    Competitors of Equity Bancshares include Opus Bank, Veritex Holdings and Financial Institutions.

  • Where is Equity Bancshares headquarters?

    Equity Bancshares headquarters is located at 7701 E Kellogg Dr #200, Wichita.

  • Where are Equity Bancshares offices?

    Equity Bancshares has an office in Wichita.

  • How many offices does Equity Bancshares have?

    Equity Bancshares has 1 office.